Delete the three zeroes from the currency of Iraq early in 2017
Delete the three zeroes from the currency of Iraq early in 2017
Date:November 10, 2016
Deletion of zeros from the Iraqi currency, will be implemented in early 2017, according to the Keywords, the central bank governor, noting that the bank began to develop the first steps of the project.
Keywords and said in a statement, said that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country’s economy, as the dinar will be included in the global basket of currencies in the vital exchanges. He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017. He pointed out that the introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.
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