“THE CENTRAL BANK CLARIFIES THE TRUTH ABOUT PRINTING THE NEW CURRENCY… AND THE DIFFERENCE BETWEEN THE TWO PRICES DECREASES TO 9%” Quote: “The Governor of the Central Bank of Iraq, Nizar Nasser Hussein,
confirmed on Thursday that reports circulating about the printing of new currency were inaccurate. He also revealed that the gap between the official exchange rate and the parallel market rate had decreased from 24% to 9%.” Governor Hussein is talking about inaccurate information on the CBI about the printing a new set of 3 zeros notes, it is not a CBI plan, never was. Instead, it plans to still remove the zeros (remove the three zero notes altogether) and issue newer lower denominations to replace them but needs first to control the parallel market…Hussein told us today it was never the CBI option. This is wonderful news for us!
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