Could Iraq be preparing for a major currency reform? https://www.myfxbuddies.com/2026/07/could-iraq-remove-zero-from-its.html A new proposal reportedly under study by the Iraqi government could potentially reshape the country's currency system and have implications for the Iraqi dinar. According to economic expert Haider al-Sheikh, the proposal is being considered as part of broader economic reforms designed to recover cash circulating outside the banking system, increase government liquidity, and potentially strengthen the Iraqi dinar. The proposal reportedly includes two possible approaches: 🔹 Introducing redesigned Iraqi banknotes while maintaining existing denominations 🔹 Removing one zero from the currency throu ...