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TKO

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Everything posted by TKO

  1. My opinion is that they will take off the 3 zeros (to get it more in line with US Dollars), then revalue.
  2. Sorry. Someone was being slammed because they didn't post links so I thought I would post what I found.
  3. The following articles were found: http://arabnews.com/economy/article484640.ece Iraq plans to trim zeros from dinar: Central Bank By REUTERS Published: Aug 7, 2011 19:54 Updated: Aug 7, 2011 19:54 BAGHDAD: Iraq plans to redenominate its dinar currency by knocking three zeros off the nominal value of bank notes to simplify financial transactions, a senior central bank official said. http://www.albawaba.com/main-headlines/iraq-remove-three-zeros-dinar-386838 Iraq to remove three zeros from the dinar: Albawaba Business Iraq to remove three zeros from the dinar Published August 4th, 2011 - 09:24 GMT The Iraqi Central Bank announced the completion of a plan to remove three zeros from the dinar, replacing current banknotes with new ones. The Bank will re-print 30 trillion dinars (26 billion dollars). _______________
  4. Here are links to the articles: http://arabnews.com/economy/article484640.ece Iraq plans to trim zeros from dinar: Central Bank http://www.albawaba.com/main-headlines/iraq-remove-three-zeros-dinar-386838 Iraq to remove three zeros from the dinar: Albawaba Business
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