Mountain Goat

Mountain Goat – Dinar Guru   Article:  “REMOVING ZEROS FROM THE IRAQI DINAR: A GOVERNMENT MOVE REOPENS THE ISSUE”
Article Quotes:  “Removing zeros is different from changing the exchange rate; the former relates to renaming monetary units, while the latter is related to the value of the dinar against foreign currencies, which is a fundamental difference in understanding the potential effects of any future decision; The governor of the Central Bank of Iraq had explained last September that changing the currency falls within the bank’s powers, while removing zeros requires legislation from the House of Representatives, which highlights the difference between the two legal paths between issuing new banknotes and redefining the nominal value of the dinar.”

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