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The lop of the zeros will 100% happen and before any revalue...If the currency went to $1.00 = $1.00US that would equal aprox 27 trillion in circulation LOL LOL LOL come on people there is no possible way. THE ENTIRE GLOBAL YEARLY TRADE TOTALS ABOUT THAT NUMBER!! The foreign assets also determine exchange rate...they have 50billion read the CBI asset totals. NOT 50 TRILLION They will lop and bring the exchange rate to .85 and we will all have 23 bucks for our 25k banknotes Then they will revalue after a period the people of Iraq lose nothing and makes there economy and business run smoother. THE IMF STATED THAT THEY HAD TO MEET 3 REQUIREMENTS BEFORE BEING CONSIDERED FOR THE GLOBAL EXCHANGE AND NOT BEFORE! 1) REMOVE THE 3 ZEROS (IN PROCESS) 2) BECOME SOLVENT (DONE) 3) HAVE ELECTRONIC TRANSACTION ABILITY (DONE) WE WILL NOT BE GETTING RICH ON THIS TRANSACTION SORRY PEEPS

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Tuesday, 19 نيسان 2011 15:58 GMT May not remain there is a need to act for this counter so quickly if applied to the central bank project by deleting three zeros from the Iraqi currency .. Bank, which sets monetary policy for the country confirms that it is time to re-evaluate the currency to suit the changes in the wage-price and economy. The appearance of Mohammed Saleh / adviser to the CBI: (Iraq after five years on the verge of producing a large oil 6 million to 12 million barrels of Iraqi oil would be a regional power in the management of energy in the world and will be the proceeds of a large system and the current cash management system currency in this way is a product of phase lag like it or not needed reform the management of currency after five years claimed the block becomes large cash) Shops, banking companies were not enthusiastic about the project, which says that its application may cause economic problems or technical unnecessary at the present time. Shop owner Banking (Mo is the time because if Mistqr country’s economy and stabilize exchange rates, buying and selling of the dollar Menkdr use the lifting of the zeroes) Shop owner Banking (This thing we Menkdr TOGETHER we identify the issue depends on the application may show problems then the possibility of fractures disparity of individual things and things hobby art) As for the citizens, the deletion of zeros memory bring them back to the days of the power of the Iraqi dinar which is welcomed by some, while others appeared unconvinced by the possibility of its application Citizen

I purchased the dinar well over 2 years ago and have followed every piece of info I could find...My conclusion fact based only will be a lop of all currency in the local economy and they will slowly produce new low denom currency over the next 2 years. This will happen by May 5th 2011 it has to..read all the articles pertaining to the lop and zeros. The exchange rate will change to .85 and gradually increase over the next 2 years possibly upto 3.00. The reason I came to this conclusion was the amount of currency in circulation and the problems it creates at the market level including the banking sector. When the goverment whats to purchase planes nd millitary items the cash transactions are massive on their end. The only way (read the IMF stipulations for the currency to become global and exchanged) for Iraq to have the currency on the global exchange was 1) banks must have electronic capability(they did that) 2) remove the zeros from the local currency (in process) 3) solvency (completed) Lets hope this does not happen...Lets hope it just Revalues at 2-3.00 and we can cash inb Iam good with 1.00

I keep track of all the major sellers of Dinar....example Dinartrade.com....they purchase currency through Dubai...they make on average over 1000 transactions daily. If this RV was around the corner and going to be 1000 fold the investment...do you think there site would still be selling 1 million for 1220.00??? They are connected with the goverment of Iraq and given permission to handle and sell the currency. They at one point were selling Billions weekly. I am not selling anything!!! I am telling only the truth!! I hope I am wrong. I purchased alot of Dinar. I am now seeing the truth of what is happening. We lose nothing we may gain upto 3 fold at max.

The issue is the deleting of the zeros on the currency we hold...nothing else.

Once the CBI completes the removing of the zeros they will have completed all the item requested by the IMF....hence they will be on the exchange which will the allow trade and eliminate the need for auctions from the CBI. This will also allow the currency to release at .85 and move gradually over the next 2 years. What sucks is the removal of the zeros off the local currency....we now have a 25k banknote worth 23 bucks.

You will have a note worth around 23bucks...they will also remove the 3 zeros off the exchange rate hence.85 the same thing no one loses...we just didn't get the 1000-2000 times investment lotto ticket. Then the dinar will go up in value over time..maybe 2 years from now our 25k note is worth 50 bucks or so. Please read the article Iraqi central bank says that it will submit a law organizing the process of removing 3 zeros from Iraqi dinar Translated by Iraqdirectory.com – [4/16/2011] Advisor of Iraqi central bank Mudher Mohammed Salih said that the central bank is working on drafting a law organizing the process of removing three zeros from Iraqi dinar and upgrading the value or Iraqi currency in local and international economic transactions. The advisor said that the central bank will submit the law to the Iraqi prime ministry and after approval it will be sent to the Iraqi parliament for endorsing. Iraqi ministry of finance said on last February that the removing of three zeros from Iraqi dinar will free Iraqi economy of restrictions and enhance the value of Iraqi currency in international monetary fund. International monetary fund said that it will support Iraqi economy in case Iraq took certain economic measures including privatization of banks, removing three zeros from Iraqi dinar and paying debts. Iraqi government is working on making some changes on Iraqi currency including removing three zeros from Iraqi dinar to enhance the value of the currency nationally and internationally and end the financial inflation. http://wp.me/pZC7o-7Bo Monday, Apr 18, 2011 The Central Bank of Iraq, or CBI, is preparing a law to remove three zeros from the Iraqi dinar but the final decision lies with the country’s parliament, pan-Arab Al Hayat daily reports Monday. The central bank has to submit this law to the council of ministers, and then to the parliament which will decide whether there is a need to take such a decision, Mothahhar Saleh, CBI’s advisor, told the paper. The central bank is dealing with this matter very cautiously because any rush to implement such move may cause economic problems, he added. The Iraqi ministry of finance said in February that the deletion of zeros from the local currency will help free the Iraqi economy from constrictions and will enhance the value of the Iraqi dinar, the daily reports. (END) Dow Jones Newswires 18-04-11 0827GMT http://wp.me/pZC7o-7Cs Notice it says delete the zeros from the local currency not new or new issued currency

Sorry do not have english link.....

Delete the zeros of the Iraqi currency of the important issues of concern to economists at the present time and this made the call Central Bank Governor Sinan al-Shabibi to come to the House of Representatives at its yesterday to discuss this issue, members of Parliament have discussed with the Governor a number of economic aspects of interest to the public sphere In addition to (deletion of zeros) of the Iraqi currency in and out, with a nominal value of cash and keep Bakimiteha purchasing. Adviser to the CBI the appearance of Mohammed Salih said: The current year will witness the launch the process of removing zeros, stressing that the bank has completed 50% of the preparations that are working on since 2005. And added to the Agency for News: The strategy is based on the principle of gradual substitution of the Iraqi currency with another, less three zeros, and pointed out that the positives of this strategy is that it will be less expensive and easier to trade. He continued that the deletion of zeros from the Iraqi currency will depend on the long-term monetary policy. And between valid: that this step requires legislation and laws before embarking upon as part of currency management strategy in Iraq. Appearance and confirmed the need to delete the zeros come from the Iraqi monetary bloc, which has become too large a product of inflationary phase lasted about 30 years rose from 25 billion to 21 trillion. He noted the appearance of: to be the largest category of cash is 25 thousand dinars, equivalent to $ 23, while the largest category during the year 1979 and the period preceding the war, the Iran-Iraq 25 dinars equivalent to $ 75 at the time, but today, the biggest Iraqi faction of 25 thousand dinars is not equivalent to only $ 23 with the smallest currency we have is 250 dinars, and will allow the deletion reducing the size of the cluster of cash currency, ie, that the paper of a thousand dinars turn to one dinar, and this means reducing the 21 trillion dinars to 15 billion dollars with coins, metal, and small groups. And Saleh said: “The strategy that purports to Central taken” in line with the Constitution and the economic life of good and facilitate intra-group transactions, “pointing out that” part of the margin of the inflation rate of between 1-3% is the responsibility of the large number of cash representing the cost of transactions in the case of the deletion will be reduced that cost. “ And about the continuing high prices despite the official figures which show a decrease in the rate of inflation Saleh pointed out that “monetary policy is not concerned to re-price to the first box, but its goal to reduce rates of increase in prices, which were approximately 32% in 2007, and today dropped those increases to arranged to one decimal place around 7% only, “saying the number” a victory for Iraq’s economic program, where there are no important central Iraqi stability only in the general price level and stability of the financial system. “ He pointed out that the bank will issue treasury transfers of $ 3 trillion dinars during the next few days, to cover the contracts of electricity through the legal cash reserve which is maintained for the benefit of banks. For his part, said economic expert, Dr. Hilal Al-Tahan, that the application of such a strategy will not cause economic turmoil, or damaged in the local market at the present time. Stressed the economic and academic: to the process of deleting three zeros from the Iraqi currency will lead to a revaluation, noting the need to follow the policies of quiet to convince citizens and getting used to it for a period not exceeding two years. The economic analyst said Reza Ragheb Blibl The timing of the launch of this strategy is not appropriate now, and the country’s economy must be in a position of strength before the application of those changes. http://bit.ly/h4Db1f

Here is the article everyone should read.. There is no possible way this country could sustain 21trillion in currency lol.....they will lop the zeros even off the 25k banknotes...they have to That brings the ciculation into a manageable amount...21billion not trillion no one has 21 trillion that is the entire global yearly economic trade totals come on people think about it.