Economist: 78% of the Iraqi currency outside the banking system
Economist: 78% of the Iraqi currency outside the banking system
Monday 19 June 2017 | 10:14
Baghdad / … revealed Economic Bassem Jamil Antoine, on Monday, that the expert 78% of the Iraqi currency is outside the banking system, and explained that while the Iraqi citizen does not trust the systems of those banks, which have suffered so much.
He said Antoine’s “Eye of Iraq News”, “currency printed in Iraq exceed 44 trillion dinars, and the existing ones banks only 22%,” pointing out that “78% are outside the banking system and these figures are only for the Iraqi dinar does not include other work as dollar and other” .
He explained the economic expert, said that “the existence of such a large proportion of the money outside of banks due to the weakness of the relationship and trust between the citizen and the systems of these banks,” noting that “the citizen has been burned by the fire of those banks where he has difficulty getting his money again.” Finished 2
aynaliraqnews.com
