Issuing a new currency in Iraq..Implications and implementation challenge

Issuing a new currency in Iraq.. Implications and implementation challenge

link to My FX Buddies Blog https://www.myfxbuddies.com/2024/08/issuing-new-currency-in-iraq.html

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The talk is back Again about the project to remove zeros from the Iraqi dinar and also issue a new currency. This A procedure that several countries resorted to, including Turkey in 2005 and also Venezuela in 2021, but can this project be implemented, the project to remove zeros from the Iraqi currency during Currently, countries usually resort to adding zeros to confront waves of inflation and rising prices during periods of wars and crises, which of course lead to the erosion of the value of the currency, so the deficit in government budgets is financed through the issuance of cash...