Welcome to September! Yes, we are off to a VERY GOOD start as things are really progressing in Iraq… the Finance Ministry (part of the GOI) wants currency reform…Sounds to me that the Central Bank of Iraq (CBI) may be considering launching yet even lower of the lower denominations in the coming months. Will they just launch all the rest of them or just the 2 notes in sequence 50, 100? How can they unless they increase the rate of the dinar or the notes will be literally “worthless”.
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