Iraq Central Bank Explains Zero Removal

The Iraqi Central Bank denied the accuracy of reports regarding the printing of a new Iraqi currency after the removal of zeros, emphasizing that any project concerning the restructuring of currency denominations or the elimination of zeros is subject to legal and technical procedures before an official announcement. There is also a safe transitional period for currency replacement. The bank stated that any unreliable statements or news on this topic could cause financial confusion among citizens, and it urged the public to avoid circulating unofficial information and to rely solely on its official channels for updates on monetary policy.

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