Quote Originally Posted by texasaggies View Post
I'm not sure, but I think what you are referring to is that the Iraqi government is pulling the large denominations out of circulation and printing smaller denoms to go in their place, thus making their money worth more. There is someone who posts on here quite often with "The more they take, the more we make" on their posts regarding this. But, they are not reprinting all their money, or negating the money that they have right now.
Oh, by the way, Welcome.
Thank you. To bwgin I would like to apologize for the wording in my first post but right now I am somewhat down on the dinar. I hope you are correct as I am heavily invested but I am hearing otherwise. I have heard that they plan on introducing a new currency soon to replace the dinar. I am told that the replacement currency has already been printed and as proof of this the serial numbers on the current dinar begin with the second letter in the arabic alphabet and the serial numbers on the replacement currency will begin with the first letter in the arabic alphabet. According to what I have heard the replacement currency was printed at the same time as the NID or very soon after. I really hope this is not true but my information comes from very trusted sources. thank you all again and let's hope tomorrow brings us what we want!