Does the deletion of currency zeros affect its value? My economy explains
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The economist, Dargham Mohammed, saw on Sunday that the deletion of currency zeros does not conflict with its value, explaining what it needs to be taken before resorting to this step.
Mohammed told a newspaper, “The deletion of currency zeros is a regulatory process that does not conflict with its value, but this step needs educational campaigns that precede it, and a transitional period for currency circulation with its zeros and the new currency to know that the two currencies are of equal value.”
He stressed, “the nature of the new categories must be commensurate with the market’s need to cover daily trading, provided that there is no significant increase in the monetary mass in the market so that it does not get inflation.”