Thread: Deleting Zeroes off currency?

Hello

I'm just wanting to know the thoughts of some the veteran Dinar holders about if Iraq decides to take off zeroes from the dinar. I keep seeing these articles coming out from time to time about it. What do they mean? Does it mean our investment will be worthless?

Do you think the dinar will actually be revalued and do you think it will be another few years for it?

I had quite a stash years ago but needed some money so I sold bit of my dinar now i'm thinking of building up my stash again but i'm leary as keep thinking of these articles talking about deleting zeroes off currency.

Thanks for any of your input
Krissy

If a lop occurs, your dinar may not be worthless, however you may have difficulties cashing it in for dollars, for example. Dealers may charge a premium to exchange. These are uncertain times, and personally, I would not put anymore funds in cash dinar at this point. There will be a new currency issued at some time. This has been alluded to in numerous articles.

A 'lop' and dinar rise maybe a possible scenario. However, a new currency would be issued and again exchanging the current dinar may be difficult depending on where you are in world. For example, I live in the UK and there is not a problem exchanging at a bank here at the moment. However, in the US for example, banks do not exchange dinar any longer, as far as I am aware. Please bear this in mind.

Seaview

thanks for replying and for your opinion, my instinct has been not to buy anymore, everything just seems so uncertain at this point about the dinar