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šØ āYet More Evidenceā ā Removing Zeros & Signals From Iraq
š¢ Proposed Bill to Remove Zeros is Now in Public Discourse
A recent article titledĀ āTHE REMOVAL OF ZEROS ON THE IRAQI DINAR HAS CAUSED CONCERN AMONG CITIZENSāĀ states that a bill proposing theĀ removal of three zerosĀ has triggered mixed reactions. Under that bill,Ā 1,000,000 dinars becomes 1,000 dinars, andĀ 1,000 becomes 1Ā ā a bold redenomination plan.
ā”ļø This suggests theĀ Project to Delete ZerosĀ is now formally acknowledged in public debate.
š Legality & Procedure: CBI + Finance Committee + Parliament
To implement a rate change, there must be cooperation among theĀ Central Bank (CBI), theĀ Finance Committee, andĀ Parliamentary legislation.
š The existence or mention of a ābillā signals that they may be moving from speculative talk toward formal legislative steps.
š Mixed Messaging: Denials to Curb Speculation
Although some articles claim the CBI ārules out dinar-dollar rate change,ā this may be a strategic move to avoid market overheating.
ā”ļø On one hand, the CBI publicly denies imminent change; on the other, internal signals (videos, bills, reporting) align with preparation.
š Gold Reserves Climbing ā Strengthening the Backing
Evidence supports that IraqāsĀ
gold reserves have recently surged, reinforcing the narrative of financial strength.Ā Iraqi News+2Iraqi News+2
This is consistent with claims that Iraq is using gold as a pillar to back any future redenomination or valuation moves.
šµ Controlling Cash Supply to Stabilize Rate
CBI GovernorĀ Ali al-AlaqĀ stated that Iraq maintains ālowest level of inflationā because of āsuccessfully controlling the movement of cash.āĀ Channel8
The CBI has alsoĀ reduced issued currencyĀ in recent quarters, aiming at price stability.Ā Iraq Business News
This aligns with the requirement of tight monetary control before any redenomination.
š Recent Public Signals & Institutional Moves
Gold accumulationĀ is clearly rising ā boosting confidence in monetary strength.
Currency supply is being managedĀ to reduce inflation and stabilize the official rate.
Official statementsĀ deny rate change ā likely a tactic to manage expectations.
Legislative mentions (bills) and informational videosĀ suggest increased public prep for the zeros deletion process.
ā Key Takeaways
The Project to Delete Zeros is appearing inĀ public billsĀ and educational content, beyond mere speculation.
Formal implementation would requireĀ CBI + Finance Committee + ParliamentĀ alignment.
Recent gold reserve growth and strict cash control support preparation for monetary reform.
Official denials may be a strategy toĀ suppress premature speculation, while groundwork continues.
The visible patterns align more withĀ calculated readiness than random hype.
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