These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Iraq will undergo a “redenomination,” which refers to the process of replacing older, higher-denomination three zero notes with newer, lower-denomination ones. When money is taken out of circulation, deflation occurs, which means that the value of your currency rises. In addition, the system will be forced to restore the dinar to its nominal value by all of the other assets and variables involved. They are doing this redenomination in order to “normalize” their currency by returning it to its “normal” denominations prior to the sanctions. They will likewise require a “standardized” rate and not this current “smothered” rate…
