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Separately, the bank's senior advisor Mudher Qasim told Dow Jones Newswires that knocking off the three zeroes would improve the value of the Iraqi dinar which is trading Monday IQD1,170 against one ...
According to Rudaw, a media channel based in the Kurdistan autonomous region, “some websites and platforms claimed that rats ...
By purchasing roughly 25,000 Iraqi dinars at regular auctions, he is now a dinar multimillionaire. But will the Iraqi economy improve enough that Phil Lloyd's millions of dinars will eventually ...
One dinar was worth close to 2,000 per dollar when the new notes — which depict Iraq's important scientific contributions, history, landscape and economic life — entered circulation.
In the longer term, Saleh said a redenomination was needed wherein three zeros will be dropped so that the 25,000-dinar banknote -- currently the largest denomination -- becomes a 25-dinar note.