Iraq To Lop Zeros and Issue New Bank Notes
Excerpt from news article.
Iraq is considering redenominating the dinar, printing new banknotes to remove inflation-generated zeros from its currency, the finance minister said on Thursday.
Iraq government is going to do what is best for Iraq.
I am sure the Dinar Forums on the net are excited about this.
It’s ironic you smuggled the Iraqi Dinar currency out of Iraq to speculate on the Iraq currency, now your going to have to smuggle the currency back to Iraq to conduct an exchange on their new new Iraq currency.
I am sure Iraqi customs will be extra careful when examining those goods and packages entering Iraq.
All I can say is...
“Good Luck. I hope you make it.”
Comments
Hey thats not funny. My Dinar is now worthless? Or more worthless than before?!
Posted by: jb | July 24, 2006 8:27 PM
A reprint has not been ordered and in the event that one is down the road, the dinar could still be exchanged at any currency exchange, same as the last time.
Posted by: Dee | July 30, 2006 6:50 PM