Exchange Union: Most Iraqi currency outside banks
The head of the Iraqi Money Exchange Union, Diaa Al-Taie, confirmed that the cash liquidity crisis continues, with more than 90 trillion Iraqi dinars stored in citizens' homes. Many of them refrain from depositing money in banks due to a lack of trust in the banking system. This problem stems from the large amount of money held outside the financial system, which disrupts the flow of liquidity and impacts Iraq's financial market.
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