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Listen "Issuing a new currency in Iraq.. Implications and implementation challenge"
Episode Synopsis
Issuing a new currency in Iraq.. Implications and implementation challenge
link to My FX Buddies Blog
The talk is back Again about the project to remove zeros from the Iraqi dinar and also issue a new currency. ThisA procedure that several countries resorted to, including Turkey in 2005 and also Venezuela in2021, but can this project be implemented, the project to remove zeros from the Iraqi currency duringCurrently, countries usually resort to adding zeros to confront waves of inflationand rising prices during periods of wars and crises, which of course lead to the erosion of the value ofthe currency, so the deficit in government budgets is financed through the issuance of cash...
link to My FX Buddies Blog
The talk is back Again about the project to remove zeros from the Iraqi dinar and also issue a new currency. ThisA procedure that several countries resorted to, including Turkey in 2005 and also Venezuela in2021, but can this project be implemented, the project to remove zeros from the Iraqi currency duringCurrently, countries usually resort to adding zeros to confront waves of inflationand rising prices during periods of wars and crises, which of course lead to the erosion of the value ofthe currency, so the deficit in government budgets is financed through the issuance of cash...
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