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Devaluation of the Iraqi Dinar

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twatkins | 16:49 Mon 27th Sep 2004 | Business & Finance
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What happen on June 30, 2004 to cause the Iraqi Dinar to plunge from 3.351 to .000704 overnight?
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As far as I can see, the only occurence of any significance politically on this day was the official handover of sovereignty from the Allies to an internal Iraqi government but I am open to correction here.
What are the units?

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Devaluation of the Iraqi Dinar

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