IQD RV is a dream without stabilizing the smashed economy of Iraq, that’s why Al kazemi is after some real measures to stabilize IQD in the market. PM Al Kazemi plans include launch of white paper which will help Iraq to stabilize its economic conditions and save the economy. White papers will be launched after the sanction of House of Representatives. Furthermore Al Kazemi has design a team consisting of finance experts to design and amend the Banking policies of Iraq.
It is evidentiary that after the Government of Al Kazemi, inflation of Iraq is decrease to the remarkable extent which is encouraging and we want it to be more decrease, so that the Iraq economy will make pace with International economy.
Many Intel’s have informed that CBI is intending to delete the zeroes off the rate rather than deleting from the IQD notes. This certainly means that IQD will become so valuable as it value equivalent to 1 USD. Explaining in simpler terms that 1 IQD will have the same value as of 1 IQD. But there is a question that how two IQD notes of different denominations exist concurrently with one side the larger notes and on the other hand smaller notes. Meanwhile they are bringing out smaller notes because the IQD value will be too high.
It is also reported that CBI has send two more bills holding denominations to change the rate of IQD positively.
