There is no doubt that we are on the verge of cancellation three zeros from Iraqi dinar .. The central bank may be prepared for a gradual withdrawal (27) trillion dinars, ie (4) trillion banknote .. To offset the dinar raises skim zeros. Currency – definition – equivalent commodity .. Thus evolved until it reached the icon to the paper .. Which does not change the value of goods and services,
It is just a symbol of authority shall determine the monetary value .. Vtsahha – up and down – the movement of markets and the intervention of “central” .. The cancellation will not affect at all the zeros in the value of the dinar .. If the value of 1200 dinars to the dollar .. The value of the dollar will be 1.2 dinars. And would be equivalent (1) JD (1000) Current BD .. Purchasing power will not change .. Markets – With the aim easy – sometimes cancel the zeros .. Says (1) It means (1000) .. And (25) and means (25000).
The new currency will be much easier to transport and conservation in the transactions, accounts and audit and counting .. Dealing with the paper easier to deal with the (1000) paper. Offering classes, especially higher than 25 dinars.
Turkey 6 zeros written off several years ago .. And led the “inflationary Version” in the nineties to the high inflation to 20000% and the emergence of dinars “clash” Basfarh many .. Opposed to the “Swiss dinar” Basfarh few .. They remained in a separate deal worth each, to scrapping in 2003 JD ..
Vetohdt currency and confidence returned to the dinar.
Will be gradually put the new currency to be withdrawn corresponding to prevail that are portable, valuable.
There is no doubt that a return to the normal position of the dinar will be a factor practically and psychologically in the right direction.
If the treatment “central” issue of the most important parts of the dinar Vsaglq door to exploit the process to increase prices.
The cost of the process may provide money to the bank and the economy in the long run .. “فا”Vantrza” shall from time to time to withdraw currency eroded to other prints .. There is no doubt that the printing and management of 4 billion banknotes and is less expensive than 4 trillion paper.
That the currency is – other than metal – not strength or weakness of their stand-alone .. And strength of the economic base represented by the .. The degradation of the economy necessarily led to inflation and increase cash zeros .. Perhaps the cancellation [is an] indicator of low inflation and improvement in the economy sector, that the others in turn “Kalmrkza” Prusanth, keep the currency stability and strength, and raising the reserves of the country after the collapse, and helped to reduce inflation.