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REPORT ABUSIVE REPLY
Message Subject Iraq an economic Study
Poster Handle ReVbo™
Post Content
This might be the best sign of an RV we've ever seen, folks.

"The central bank said in his book: in line with the best applications and international experiences, he decided to stop the basic parameters of the currency notes of the categories (25000,10000,5000) JD Almtdolh now as it is in the new series (25,10,5) dinars so that the audience is also imprinted with a thousand in his memory."


Kaperoni:
Reading this, it appears they are leaving the 1,000 in circulation or not creating a replacement. In either case, "so that the audience is also imprinted with a thousand in his memory."



My view is that this is a clear sign of a Revaluation. There is no need to leave a 1,000 dinar in circulation or create significance in one's mind or history if it's value is equivalent to 1 dinar. Just like in the USA, 1,000 dollar bills are still around if you can find them.




Read more: [link to dinarvets.com]
 
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