Iraq Coinage One Step Closer to Reality

[Stillw8n]

Iraq Coinage One Step Closer to Reality
Iraq may soon see its first circulating coinage since 2004, but it might be quite different from what was used in the past.

Alsumaria Iraqi satellite television reported on Sept. 3 that, “The denomination of the Iraqi currency reached its final stages as the study and draft resolution reached the Cabinet after being sent by [the] Iraq Central Bank. Iraq Central Bank said that it won’t only delete the zeros, but it will also change Iraq monetary structure in order to provide bigger currencies. According to this project, coins will appear again in the Iraqi currency. As for the bank notes, the Central Bank will recourse to international institutions to print them.”

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