Monday, May 26, 2025

TIDBIT FROM CLARE

 Clare  

 Article:   "Three reasons behind it... Al-Sudani's advisor to Rudaw:  About 90% of Iraq's monetary mass is hoarded outside banks."  

Quote:  "Saleh, economic advisor to Iraqi Prime Minister Mohammed Shia al-Sudani, believes that approximately 90% of Iraq's monetary mass is outside the banking sector and hoarded in homes.. .

The currency issued outside the central bank and circulated outside banks is called external leakage,"


Iraq REER & Currency Framework Update: REVAL HUB Insights Report

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