My FX Buddies

Central Bank’s Historic Move: Removing the Zeros from the Iraqi Dinar


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The Central Bank of Iraq has officially launched its long-anticipated “zero-zero” project — My FX Buddies Blog historic reform that will redefine the value of the Iraqi dinar and mark a new chapter in the nation’s financial history. This isn’t speculation. It’s a confirmed, carefully planned monetary strategy that aims to remove three zeros from the currency’s nominal value while preserving purchasing power and economic stability. In this episode, we’ll break down: What “removing the zeros” really means — and what it doesn’t How the Central Bank plans to manage the transition gradually Why this reform could strengthen Iraq’s position in global markets The potential impact on trade, oil settlements, and the region’s economy

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From oil revenues and gold reserves to expanding partnerships with global powers, Iraq’s economic foundation has never been stronger. The “zero-zero” project represents not only fiscal reform — but a financial renaissance. #IraqiDinar⁠News⁠⁠⁠#iqd⁠⁠⁠#iraqidinar⁠⁠

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My FX BuddiesBy Tish Washington