Could Iraq eventually move away from paper currency altogether? https://www.myfxbuddies.com/2026/09/iraqs-radical-dinar-proposal-abolish.html A new proposal from Iraqi economic expert Safwan Qusay is putting an extraordinary idea into the currency and banking debate: instead of removing zeros or simply issuing larger denominations, Iraq could move toward electronic payment cards and eventually eliminate paper currency. Qusay argues that Iraq has approximately 106 trillion dinars issued, with around 40 trillion inside the banking system and more than 60 trillion remaining as cash outside it, according to the figures cited in the article. His proposal would give citizens time to deposit their cash savings into the ba ...