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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6 Responses to Iraqi Dinar Hoarding "Has Reached Critical Levels"

  1. Dustin T Williams 22nd May 2025 at 15:52 #

    Re evaluate and we will happily give it back!

  2. RV RV RV 22nd May 2025 at 16:55 #

    An nowe a Rolls Royce dealership in Iraq

    https://www.iraq-businessnews.com/2025/05/15/rolls-royce-motor-cars-authorises-dealership-in-iraq/?swcfpc=1

    Its all happening!

  3. Brian Reichenbach 22nd May 2025 at 18:26 #

    Re evaluation of the Currency , I agree, And people will give it all back

  4. Lena Dial 22nd May 2025 at 23:20 #

    It's not an RV but an RI, Dustin & Brian...

  5. Michael McKoy 23rd May 2025 at 09:39 #

    I would give mine back for just a simple one-to-one ratio one Iraqi dollar equals one US dollar doesn't have to go back to the reinstatement of 1990 1 IQD equals $3.81 USD

  6. Nall 23rd May 2025 at 11:54 #

    Re evaluation is very important. Go back to 1990 when 1 IQD = $3.81 USD and you can have half of our family stash. Make it $5.00 and you can have it all