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Podcast: My FX Buddies
Episode: Central Bank’s $15T Challenge: Get Iraq’s Money 🔒Out of Mattresses
Description: Iraq’s money is staying in the shadows — and it’s costing the economy.link to My FX Buddies According to the Central Bank of Iraq, 80% of Iraqi cash is kept in households rather than in banks — a sign of deep public distrust in the financial system.In this episode, we’ll explore:Why more than 15 trillion dinars remain hidden in homesHow this phenomenon hurts economic activity and cash flowThe Central Bank’s 2025 reform plan to modernize the banking sectorWhat it will take to convince citizens to...