CLARE : "What would happen to the Iraqi dinar if the zeros were removed? Comment by Dr. Mahmoud Dagher" , 5 OCT

 Clare  

 Article:  "What would happen to the Iraqi dinar if the zeros were removed? Comment by Dr. Mahmoud Dagher" 

 Quote: "Economist Mahmoud Dagher pointed out that deleting zeros will not change...the purchasing power of the dinar...Instead of carrying a bundle of 50,000 dinar notes, it will be possible to compress them into a smaller number of notes after removing the zeros, and this will not change their purchasing power.

 The amount of money on offer...is equal to 105 trillion dinars, and after removing the zeros, the amount will be 105 billion dinars, which is exactly the same amount, and the exchange rate will change from 1320 dinars per dollar to 132 dinars per dollar."