Eco
The Central Bank of Iraq denied today, Wednesday, the circulating reports about printing new quantities of Iraqi currency without zeros in preparation for circulation. The bank clarified that these reports are not based on any official source and confirmed it has not printed any new currency with such specifications. The bank stated that any future project related to restructuring currency denominations or removing zeros, if officially decided, will undergo multiple legal, regulatory, and technical stages. It will be announced through the bank’s official channels and various media outlets, with a designated transitional period allowing citizens and institutions to exchange currency safely and orderly, ensuring full protection of financial rights and obligations for all. The Central Bank urged citizens and media outlets to rely solely on its official statements for information related to monetary policy and warned against relying on unverified news or figures that could cause confusion or harm the financial interests of the public.
