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The Central Bank of Iraq confirmed that it has not printed any new currency following the removal of zeros from the dinar. It clarified that any future steps to restructure currency denominations would require an official decision processed through legal, regulatory, and technical stages. The bank pointed out that the circulating information about printing a new currency is unreliable and not based on official sources. Any official project will be announced through official channels once a decision is made, accompanied by a transition period to ensure the safe and organized replacement of the currency. This denial comes at a time when the value of the printed and circulated cash has increased, with approximately 91.7% of the total issue circulating outside banks. Over the past six months, the amount of currency in circulation has increased by 11.4 trillion dinars. The bank emphasized the importance of relying on its official sources to avoid rumors and market confusion.
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