My FX Buddies

Only 1.7 Trillion Left 💰?! How Much Cash Is Really Inside Iraq’s Central Bank Vaults


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How much cash is REALLY sitting in the vaults of the Central Bank of Iraq? ⁠link to My FX Buddies Blog⁠ According to economist Nabil Al-Marsoumi, the number may surprise you — only 1.7 trillion dinars in physical cash.

In this episode, we break down Iraq’s reserves into three categories: 🟡 Gold holdings — 28 trillion IQD 💵 Foreign investments — 98 trillion IQD 💸 Actual cash in vault — 1.7 trillion IQD So what does this mean for the economy?

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Is Iraq liquid enough to support stability? And where does this leave the dinar? Let’s talk about it. #iqd ⁠⁠⁠⁠ #iraqidinar⁠⁠⁠ #IraqiDinar⁠News⁠⁠⁠⁠#IraqEconomy #IraqiDinar #EconomicReality #IraqReform

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My FX BuddiesBy Tish Washington