The prime minister’s financial advisor, Mazhar Muhammad Salih, discussed the missing 250 and 500 dinar notes on camera. “Paper wears out,” he said. Additionally, he said that whereas most nations use coins for tiny change, Iraq still uses paper. The advisor who sat in the studio this week is the same official who spearheaded the currency revamp that Iraq’s central bank has had on file since 2011, which places coins at the lower end of the new money. Only in places where a currency’s smallest unit has some value do coins exist.
These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
