Iraqi Dinar Hoarding "Has Reached Critical Levels"
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
90 percent of Iraq's money supply held outside banks: PM advisor
Nearly 90 percent of Iraq's money supply is held outside the formal banking sector, largely hoarded in homes, a senior financial advisor to the Iraqi premier told Rudaw. ...
Mazhar Mohammed Salih, advisor to Prime Minister Mohammed Shia al-Sudani, stated that the hoarding of cash, while historically common, has reached critical levels.
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