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Aerospace

01/06/11 6:54 PM

#510 RE: cableguy #509

Here’s the problem… most Iraqis still like to deal in cash. With the 25K note ($21.25) being the biggest, it makes it tough to buy big ticket items. That’s a lot of bills to carry around to purchase something that cost $1000. So the people want a bigger bill. The CBI wants to lop now, they are just waiting on Parliament to approve it. I think the CBI floated this 100K note rumor out there to light a fire under Parliaments’ arse. Saying either hurry up and approve the lop or we’re gonna put out a 100K note.
When the lop happens and they issue a new currency, they will probably have a 100 dinar note.