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The exported monetary mass increased to 102 trillion dinars
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The monetary mass exported rose to 102.1 trillion dinars, an increase of more than 2 trillion dinars during the month of October.
According to the statistical website of the Central Bank of Iraq, the currency issued in October amounted to 102.1 trillion dinars, while last September it was 100 trillion dinars.
As of last September, 91.8 trillion dinars are outside the banking sector and stored in homes.
The Ministry of Finance is suffering from its inability to obtain the dinar currency to launch the investment budget, but is currently content with paying employee salaries and some other needs.
The Ministry of Finance sells the dollar to the Central Bank of Iraq, and the latter sells it through the dollar platform to banks for the purpose of financing foreign trade.
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Added 11/07/2023 - 11:43 AM
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The monetary mass exported rose to 102.1 trillion dinars, an increase of more than 2 trillion dinars during the month of October.
According to the statistical website of the Central Bank of Iraq, the currency issued in October amounted to 102.1 trillion dinars, while last September it was 100 trillion dinars.
As of last September, 91.8 trillion dinars are outside the banking sector and stored in homes.
The Ministry of Finance is suffering from its inability to obtain the dinar currency to launch the investment budget, but is currently content with paying employee salaries and some other needs.
The Ministry of Finance sells the dollar to the Central Bank of Iraq, and the latter sells it through the dollar platform to banks for the purpose of financing foreign trade.
Views 29
Added 11/07/2023 - 11:43 AM
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