Saturday, June 30, 2018

Sandyf "The Most Probable Date Would be 1st Jan. 2021 , 30 JUNE

From 2014...In an interview with IraqiNews.com al-Bajari said  “The policy to delete zeros from the Iraqi currency is ready to be executed by the Central Bank, however, its implementation will be delayed by 5 years on the basis of the extreme security and political situation of the country.”   Redenomination is outside the scope of the CBI and would require a Bill to go through parliament, months at least. Preparation for a redenomination is usually in the range 12 to 18 months prior to the preferred dates of Jan 1st and July 1st.  Should Iraq decide to proceed with a redenomination during the next parliament then the most probable date would be 1st January 2021...

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