Iraq to introduce new banknotes with three zeros removed
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Baghdad (IraqiNews.com) – Iraq intends to remove three zeros from its currency to modernize financial transactions, reduce physical cash circulation, and return stockpiled funds to the official banking system.
Under the suggestion, a 25,000-Iraqi dinar note would become 25 Iraqi dinars, but the currency’s purchasing power and true financial value would stay unaffected.
According to Jamal Kocher, a Kurdish member of the Iraqi parliament’s finance committee, Prime Minister Ali al
Under the suggestion, a 25,000-Iraqi dinar note would become 25 Iraqi dinars, but the currency’s purchasing power and true financial value would stay unaffected.
According to Jamal Kocher, a Kurdish member of the Iraqi parliament’s finance committee, Prime Minister Ali al
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