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Launching the New Iraqi Dinar
Williams, Reuben; Martínez de Albéniz, Victor; Lago, AlejandroCase P-1075-EService and Operations ManagementAfter the end of the Iraq war of 2003, the US-led administration in Iraq decided to introduce a new currency into the country. This was for several reasons: a) to use a currency without the head of Saddam Hussein on the notes, b) to give stability to the economy and c) to have more than just one domination of bill in circulation (up until then, the only bill in use was 250 dinars (20 US cents) and there were no coins). The design of the new money...Starting at €8.20