Central Bank of Iraq: Currency in circulation rises to more than 93 trillion dinars

Central Bank of Iraq: Currency in circulation rises to more than 93 trillion dinars

Central Bank of Iraq - Currency in circulation rises to more than 93 trillion dinarsThe Central Bank of Iraq revealed on Monday that the volume of currency in circulation rose to more than 93 trillion dinars during October of 2025.

The bank stated, in statistics seen by Shafaq News Agency, that the net currency in circulation reached 93.789 trillion dinars in October, an increase compared to September, in which the net currency in circulation recorded 92.185 trillion dinars.

He added that the volume of currency issued by the Central Bank amounted to 101.015 trillion dinars, while the currency in circulation at banks amounted to 7.226 trillion dinars.

He pointed out that the issued currency is the money that the state prints and issues through its central bank for the purpose of circulation, and it includes banknotes of various paper and metal denominations circulating outside the vaults of the central bank.

The bank explained that the high volume of currency in circulation and its scarcity in banks means that citizens resort to hoarding money instead of depositing it in banks, which is an unhealthy phenomenon.

It is worth noting that the Central Bank of Iraq revealed last Saturday that expenditures had increased compared to public revenues during the first 10 months of 2025.

Shafaq.com

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