Pimpy – Dinar Guru Re-denomination of a currency involves changing the face value of the currency by dropping zeros from the existing notes and issuing new currency at a lower nominal value… Therefore a re-denomination of the Iraqi dinar would not inherently necessitate adjustments to Iraq stocks...If Iraq increases the exchange rate of the Iraqi dinar…this is different. A re-denomination will have a slight effect, if at all, verses changing the exchange rate…increases the purchasing power for Iraqis… The stock is already priced in American dollars so no the increase in the exchange rate of the Iraqi dinar is not going to make everybody millionaires on the stock market… [Post 2 of 2]