Iraq’s Currency Reset As The Gateway: In collaboration with the Middle East Technical Assistance Center of the International Monetary Fund, Iraq’s Central Bank has been carrying out the Deletion of Three Zeros project. On paper, the mechanics are simple. A new 25 dinar note with the same purchasing power replaces the existing 25,000 dinar note. Depending on the internal CBI prediction you access, the currency rate changes from roughly 1,310 IQD per USD to a projected range between 1.00 and 3.22 new IQD per USD.
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