🚨 “Yet More Evidence” — Removing Zeros & Signals From Iraq
🔢 Proposed Bill to Remove Zeros is Now in Public Discourse
A recent article titled “THE REMOVAL OF ZEROS ON THE IRAQI DINAR HAS CAUSED CONCERN AMONG CITIZENS” states that a bill proposing the removal of three zeros has triggered mixed reactions. Under that bill, 1,000,000 dinars becomes 1,000 dinars, and 1,000 becomes 1 — a bold redenomination plan.
➡️ This suggests the Project to Delete Zeros is now formally acknowledged in public debate.
🏛 Legality & Procedure: CBI + Finance Committee + Parliament
To implement a rate change, there must be cooperation among the Central Bank (CBI), the Finance Committee, and Parliamentary legislation.
👉 The existence or mention of a “bill” signals that they may be moving from speculative talk toward formal legislative steps.
🔄 Mixed Messaging: Denials to Curb Speculation
Although some articles claim the CBI “rules out dinar-dollar rate change,” this may be a strategic move to avoid market overheating.
➡️ On one hand, the CBI publicly denies imminent change; on the other, internal signals (videos, bills, reporting) align with preparation.
📈 Gold Reserves Climbing — Strengthening the Backing
Evidence supports that Iraq’s
gold reserves have recently surged, reinforcing the narrative of financial strength. Iraqi News+2Iraqi News+2
This is consistent with claims that Iraq is using gold as a pillar to back any future redenomination or valuation moves.
💵 Controlling Cash Supply to Stabilize Rate
CBI Governor Ali al-Alaq stated that Iraq maintains “lowest level of inflation” because of “successfully controlling the movement of cash.” Channel8
The CBI has also reduced issued currency in recent quarters, aiming at price stability. Iraq Business News
This aligns with the requirement of tight monetary control before any redenomination.
📌 Recent Public Signals & Institutional Moves
Gold accumulation is clearly rising — boosting confidence in monetary strength.
Currency supply is being managed to reduce inflation and stabilize the official rate.
Official statements deny rate change — likely a tactic to manage expectations.
Legislative mentions (bills) and informational videos suggest increased public prep for the zeros deletion process.
✅ Key Takeaways
The Project to Delete Zeros is appearing in public bills and educational content, beyond mere speculation.
Formal implementation would require CBI + Finance Committee + Parliament alignment.
Recent gold reserve growth and strict cash control support preparation for monetary reform.
Official denials may be a strategy to suppress premature speculation, while groundwork continues.
The visible patterns align more with calculated readiness than random hype.
🌍 Stay Connected with Us
🔗 BLOG: https://dinarevaluation.blogspot.com/
📢 TELEGRAM: https://t.me/DINAREVALUATION
📘 FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131
🐦 TWITTER (X): https://x.com/DinaresGurus
▶️ YOUTUBE: https://www.youtube.com/@DINARREVALUATION
