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Central: The cash mass outside the banks amounted to more than 40 trillion dinars during October

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Central: The cash mass outside the banks amounted to more than 40 trillion dinars during October

Post  claud39 on Sun Nov 25, 2018 7:50 am

http://economy-news.net/content.php?id=14490



Central: The cash mass outside the banks amounted to more than 40 trillion dinars during October


25/11/2018









Economy News _ Baghdad

The Iraqi Central Bank revealed on Sunday that the cash mass outside the Iraqi banks during the month of October last amounted to more than 40 trillion dinars.
The bank said in its official statistics, which was seen by "Economy News", that "the amount of currency outside the banks amounted to 40 trillion and 723 billion dinars in October," noting that "this amount rose from September, which amounted to 39 trillion and 815 billion and 884 million dinars "He said.
The bank added that "the highest level of currency outside banks during the past three years was in December 2016, where it reached 42 trillion and 75 billion dinars, while the lowest level of currency during this period in June 2016, which amounted to 35 trillion and 168 billion Dinar".

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Re: Central: The cash mass outside the banks amounted to more than 40 trillion dinars during October

Post  RamblerNash on Sun Nov 25, 2018 1:45 pm

Central: The cash mass outside the banks amounted to more than 40 trillion dinars during the last month



Sunday 25 November

Alsumaria News / Baghdad
The Central Bank of Iraq revealed Sunday that the cash mass outside the Iraqi banks during the month of October last amounted to more than 40 trillion dinars.

"The amount of currency outside banks reached 40 trillion and 723 billion dinars during the month of October," the bank said in an official statistic, which was seen by Alsumaria News. "This amount rose from 39 trillion, 815 billion and 884 million dinars."

The bank added that "the highest level of currency outside banks during the past three years was in December 2016, where it reached 42 trillion and 75 billion dinars, while the lowest level of currency during this period in June 2016, which amounted to 35 trillion and 168 billion Dinar".

The Central Bank in 2011 put forward a project to delete zeros for the structure of the currency, which was considered by the bank to transfer Iraq from the country of trillions to billions, but the project was met with great opposition by specialists and politicians in parliament.

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