Clare – Dinar Guru Article: “Iraq to introduce new banknotes with three zeros removed“ Quote: “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…Iraq has sought printing partners in the United Kingdom and Australia, as well as its traditional suppliers in France and Germany, to create an estimated 7.5 billion new banknotes…the Central Bank of Iraq (CBI) has yet to present a formal draft bill to parliament.“