ARTICLE AD BOX
SkyWalker
A redenomination is a not a blanket term and does not cover every economic situation. Countries and Central Banks will implement a redenomination according to their needs to produce a desired outcome.
Simply put every country's redenomination is not the same. We investors in the dinar have no insight on the specifics of the delete the zeros program authored by the CBI beside what is circulated in the media.
Don't lock onto a keyword like redenomination and think it is written in stone, or you know how it will be implemented. The situation in Iraq is fluid and always changes.
We must wait for the final move by the CBI to implement the program and produce the desired outcome we all hope for.
English (US) ·