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Al-Sudani's advisor rules out removing 3 zeros from the currency

Author
Tish Washington
Published
Thu 29 Aug 2024
Episode Link
https://podcasters.spotify.com/pod/show/tish-washington8/episodes/Al-Sudanis-advisor-rules-out-removing-3-zeros-from-the-currency-e2np8uq

"Two conditions to achieve it" .. Al-Sudani's advisor rules out removing 3 zeros from the currency


link to My FX Buddies Blog


The Prime Minister's financial advisor, Mazhar Mohammed Salih, ruled out the government removing three zeros from the Iraqi currency at present, noting that achieving this requires two basic conditions.


Saleh said in a statement reported by the Rudaw media network, and seen by Al-Eqtisad News, that he rules out the possibility of the government removing zeros at present, indicating that “removing three zeros from the currency has nothing to do with the value of the currency, but rather with improving cash payment systems.”

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