https://www.youtube.com/watch?v=vGhLMDUgs6M Iraqi Dinar Currency How the American Contractor reviews the current status of the Iraqi dinar currency and the dinar revaluation It appears that the new Iraqi dinar currency with the security enhanced banknotes have now been introduced into the Iraqi economy. American Contractor has not seen these banknotes personally, but my sources tell me that there has indeed been some distributed and in circulation. I will do some further investigating. I am being told that the local merchants in the city of Baiji have refused to accept the Iraq dinar banknotes in the denominations of 250 and 500. The Iraqi dinar bank notes that are not being accepted are the new Iraqi dinar bank notes that the Central Bank of Iraq (CBI) released a few weeks ago. The CBI information campaign in regards to the new Iraqi dinar banknotes being distributed appears to not have reached everyone inside of Iraq. In the article it stated that the old Iraq dinar currency would not be affected while the CBI is busy distributing the new Iraq dinar currency. The Central Bank of Iraq has intended to change the Iraqi dinar currency days ago The Iraq money supply will increase this month (May 2014) so let's see if the CBI reports the increase. The CBI has reporting their intent to delete the zeros from the Iraqi dinar currency since 2003. There are Iraq financial economists who support the new Iraqi currency and introduction of the lower denominations. Their hope is that the new currency will make transactions easier as well as increase transactions in the Iraqi dinar currency instead of U.S. dollars. Others in the financial community have voiced concern of economic problems that could arise when the new currency is fully introduced. The draft to delete the zeros was submitted to the Iraq government There have been several start dates of when the CBI would be introducing the new Iraqi dinar currency. In September 2011, the CBI reached the final draft for the denomination of the Iraq currency and a draft resolution was sent to the Iraq Governments Cabinet. The Cabinet is comprised of Prime Minister Maliki and his closest advisors. The CBI reported to Arab Media, Alsumari, that not only would the CBI delete the zeros but would also change the monetary structure and create larger currencies. These are the 50k and 100k Iraq banknotes that are often mentioned in local Baghdad media. The CBI previously mentioned that the deletion of the zeros would reduce the trillions in Iraqi currency inside the country and would not affect the purchasing power of the Iraqi dinar currency. In November of 2013, the CBI announced that they would delete the zeros at the end of the year and introduce a 50k banknote. However, in December 2013, the former Iraq parlia ... https://www.youtube.com/watch?v=vGhLMDUgs6M

US Forces Leaving Iraq Read the article here. http://bit.ly/39JaBbN Follow me on Twitter: https://twitter.com/contractorus Follow me on Facebook: https://www.facebook.com/americancontractorusa/ #USforces #Iraq #Baghdad ... https://www.youtube.com/watch?v=hb-OfmPWPEU

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