Another article about the new Iraq currency to be issued in September 2012. Until you have the legislation this is all speculation as to when exactly this will occur. Reading the article you have government officials and the Security Commission opposed to the idea of the new Iraq currency.
The Security Commission says deleting the zeros will have a negative impact on financial trade in the stock market. Other opponents of the move argue it would pave the way for money laundering and want the government to reconsider its decision.
The Central Bank of Iraq is for the issue of the New Iraq Currency and is positive however there are others say it would have negative consequences