Relationship to "tomorrow": 70% of currency outside banks in this way must be protected
19 hours ago.
Last update 12:04 PM 1936 Views
Iraqi Central Bank Governor revealed on Sunday, relations that about 70% of the currency outside the banking sector, while called to educate citizens to protect Iraqi currency.
He said the relationship to "tomorrow", "the task of the Central Bank's monetary and fiscal policy planning on Iraq, monitored by existing deposits at banks found it doesn't fit much of what exists in Iraq of monetary mass, revealed that about 70% of the currency outside the banking sector."
He added that "it is not usual in other countries to be so large amounts of currency outside the banking sector, so banks must promote and educate citizens to deposit their money in banks, saying that
"the Central Bank supports education towards this important subject which can help stimulate trade and economic movement."