8-27-2015 *American Contractor

[Vixen]

8-27-2015 *American Contractor ~Washingston Post Article 8/18/15 Quote: "Iraq also revived a long-delayed plan to redenominate the Iraqi dinar by knocking three zeroes off the nominal value of its banknotes, said Ihsan Shamran al-Yassiri, the head of Iraq Central Bank Issuing and Vaults Department. The plan is set to be implemented by 2017 after restructuring dinar by issuing two large banknotes - a 50,000 dinar note before the end of this year and 100,000 banknote next year - and canceling small ones." Small Iraq Bank notes will be canceled soon says Central Bank...the 250, 500, and 1,000 bank notes will be removed...there are not that many in circulation.