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SandyF - No Redenomination Anytime Soon! 11/26/18
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SandyF - No Redenomination Anytime Soon! 11/26/18
by Ssmith Tue Nov 27, 2018 9:12 am
Iraq is unlikely to redenominate for some time to come. Iraq is facing a problem that no other country looking to redenominate has had to deal with, a huge percentage of the currency being outside the country.
It is highly unlikely that Iraq would ever redenominate under current circumstance as the repercussions could be quite significant. I live in the hope that steps will be taken to remove the currency outside Iraq from circulation which would then pave the way to redenomination.
It is highly unlikely that Iraq would ever redenominate under current circumstance as the repercussions could be quite significant. I live in the hope that steps will be taken to remove the currency outside Iraq from circulation which would then pave the way to redenomination.
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