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Al-Sudani's advisor rules out removing 3 zeros from the currency
"Two conditions to achieve it" .. Al-Sudani's advisor rules out removing 3 zeros from the currency
link to My FX Buddies Blog
The Prime Minister's financial advisor, Mazhar Mohammed Salih, ruled out the government removing three zeros from the Iraqi currency at present, noting that achieving this requires two basic conditions.
Saleh said in a statement reported by the Rudaw media network, and seen by Al-Eqtisad News, that he rules out the possibility of the government removing zeros at present, indicating that “removing three zeros from the currency has nothing to do with the value of the currency, but rather with improving cash payment systems.”
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By Tish Washington"Two conditions to achieve it" .. Al-Sudani's advisor rules out removing 3 zeros from the currency
link to My FX Buddies Blog
The Prime Minister's financial advisor, Mazhar Mohammed Salih, ruled out the government removing three zeros from the Iraqi currency at present, noting that achieving this requires two basic conditions.
Saleh said in a statement reported by the Rudaw media network, and seen by Al-Eqtisad News, that he rules out the possibility of the government removing zeros at present, indicating that “removing three zeros from the currency has nothing to do with the value of the currency, but rather with improving cash payment systems.”