**********This Article is very imformative and an older article about the Currency read the last sentence!

Central Bank: the timing of the restructuring of the currency and delete the zeros is currently Matrouh

11/17/2013 18:24

Tomorrow's Press / Baghdad: Mark CBI, Sunday, that the timing of the restructuring of the currency and delete the zeros of which is unlikely in the present time.

The bank said in Payne received "tomorrow Press", "The timing of the restructuring of the Iraqi currency and delete the zeros not on the table now, because such a project is in coordination with the Iraqi government and its relevant institutions," denying "direct project restructuring currency next year and the deletion of zeros three of them. "

The statement added that "the bank promises to the public for his note of any action related to the scope of responsibility and of which this matter."

It is noteworthy that the central bank announced, last year, 2012, its intention to put up three large groups after deleting three zeros from the Iraqi dinar, pointing out that the process of replacing the currency will take two years, while considered by many economists that Iraq is not formatted for the time being to delete the zeros of Danarh , pointing out that the deletion needs to stabilize the security and political as well as economic stability.


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