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No re value just re-denomination?


BMO
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This was also the case in Germany. My father told me many stories about wheel barrels full of money and then RV after the war. Let's pray that this is the RV.

Your father was absolutely correct about Germany. But, it has absolutely nothing to do with this situation. Germany was in hyper-inflation when they were using wheelbarrows to take the money to the store. Iraq is not in hyper-inflation. Their inflation is well under control and has been for several years. That is where you usually get redenomination. Again, I say this is not redenomination but rather a reconstitution of the currency.

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