The currency issued in Iraq rose to 113.6 trillion dinars by the end of last May.

The currency issued in Iraq recorded an increase to reach more than 113 trillion dinars by the end of May 2026, coinciding with the continued rise in cash circulating outside banks, according to official data from the Central Bank of Iraq. Dailynews reports

Data seen by Shafaq News Agency showed that the currency issued amounted to 113.560 trillion dinars at the end of May, compared to 112.896 trillion dinars at the end of April, and 99.799 trillion dinars at the end of 2025.

The net currency in circulation outside banks also rose to 106.812 trillion dinars, compared to 104.542 trillion dinars at the end of April, and 92.560 trillion dinars at the end of 2025.

In contrast, the currency held by banks decreased to 6.748 trillion dinars by the end of May, after reaching 8.354 trillion dinars at the end of April, while it recorded 7.239 trillion dinars at the end of 2025.

For his part, economist Mohammed Al-Hassani told Shafaq News Agency that the increase in the issued currency means that the Central Bank has injected a larger amount of cash, noting that the most important thing is how this cash mass is distributed within the economic cycle.

He added that the continued concentration of the majority of currency outside banks, compared to the decline in cash held within them, reflects the continued reliance of individuals and companies on keeping money in cash rather than depositing it in the banking system, which limits the ability of banks to expand lending and boost economic activity.

Shafaq.com