Eagle1
The states were sent to the bank on 7-4. Would
not be surprised that they take advantage of 7-4 holiday.
That would give us 7-5 as a potential day. We are
coming up against the 10-day deadline.
Banks saying it is on administrative screens and is ready to
put it on the other screens when they get the word.
From a Forex perspective, we could see it Friday.
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Iraqi News
Added by Amir Abdallah on April 13, 2013.
Saved under Business
Tags: Budget, Iraqi dinar
Iraqi dinar to have 3 zeros canceled by the Central Bank of Iraq according to Finance Commissioner.The Central Bank of Iraq, earlier, announced that cancelling the zeros is within a plan to develop monetary policies in the country.
One of the difficulties facing is Iraq is withdrawing 30 trillion Iraqi dinars from Iraq’s market at the present time and to replacing it with new currency.
Earlier, the ministry of finance ruled out the idea of cancelling the zeros in 2013 because the federal budget was based on the current currency.
Any of you guru types out there got anything to comment on this?
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