http://en.wikipedia.org/wiki/Money_supply M0: In some countries, such as the United Kingdom, M0 includes bank reserves, so M0 is referred to as the monetary base, or narrow money.Same as Iraq
From the Central bank of Iraq. http://www.cbi.iq/documents/Key_Financial_Indicators_Documentation.pdf Monetary Base is the sum of domestic currency outside of bank and bank reserves(a + b) a - Currency outside banks, i.e., the currency component of the money supply as shown in the Analytical Balance sheet (Item 8) which is derived from the following sources(currency put into circulation reported by Issuing Dept. less vault cash(item 8.1 of Analytical Balance Sheet) reported by Research & Statistics Dept.). From December 2003, currency in circulation is the new currency issued by the CBI less redemption of old and damaged new currency notes. Prior to October 2003, currency in circulation is all Iraqi Dinar (other than the 25swiss Dinar notes) issued by the CBI (both Swiss and Saddam Dinar at face value) less redemption of old and damaged notes and issued currency in vaults of CBI. b - Bank reserves: ID current account (item 10.1) Overnight ID deposits (item 10.3) ID vault cash (item 8.1)
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