Archive for April, 2013

Iraq keeping banknotes unchanged throughout 2013

Iraq keeping banknotes unchanged throughout 2013

4/28/13

Iraq’s Central Bank will not remove three zeros from its currency, the dinar, a move it had said it wanted to implement in 2013. Read more…

Different opinions: Politicians: the project to delete the zeros-important; Economists- unimportant

Different opinions: Politicians: the project to delete the zeros-important; Economists- unimportant

4/28/13

Iraqi observer – specialThe project to delete the zeros before long and is applicable of the important projects that work to reduce the volume of currency large circulating in Iraq and that اتخلو of risk in the event did not take a deliberate plan by the central bank Read more…

Economist: political problems caused large losses for the Iraqi economy

Economist: political problems caused large losses for the Iraqi economy

4/28/13

Baghdad (newsletter). Warned Economist Abdul Sattar Al-Hashemi, of wheel stops the economy as a result of the continuing political problems and popular demonstrations of some provinces, because they were great economic losses to the country. Read more…

UN reveal that Barzani will come to Baghdad on Monday to meet with al-Maliki

UN reveal that Barzani will come to Baghdad on Monday to meet with al-Maliki

4/28/13

Revealed the United Nations in Iraq, on Sunday, that the President of the Kurdistan Regional Government Nechirvan Barzani will visit Baghdad tomorrow for a meeting with Prime Minister Nuri al-Maliki to resolve the Read more…

Iraq, a strategic corridor for trade neighboring countries international and regional funding

Iraq, a strategic corridor for trade neighboring countries international and regional funding

4/28/13

expressed the Islamic Development Bank (IDB) Saudi Arabia’s willingness to provide funding and technical support to a project that aims to make Iraq a strategic corridor for trade with neighboring countries, including Saudi Arabia. Read more…

Iraqi Dinar Guru predictions! 4-28-2013

Iraqi Dinar Guru predictions! 4-28-2013

4-28-2013 Newshound Guru Tlar Deny, Deny, Deny. “Were not going to do it now.” “We are not going to do it this moment.” Of course not. The rates are not yet back together yet. The problem is Iran is now dumping enough forged currency on Iraq that it continues to negatively affect the street rate. I believe that the bank will come to the logical conclusion, if they haven’t already, they must go and go soon. I think it will be $1.00 or .86 right out of the shoot allowing them to release the smalls denominations immediately following the change in rate. I would be very, very surprised if the CBI does not do something this year. They have to stop Iran before Iran breaks the economic system in Iraq. Read more…

The central bank sales in excess of “165” million dollars at today’s meeting

The central bank sales in excess of “165” million dollars at today’s meeting

Sunday, April 28th 2013 3:59 p.m.

Baghdad / Baghdadi news / .. auction sales exceeded the Iraqi Central Bank of the coin, on Sunday, the “165” million, while the auction Geslh record participation of 25 banks.
He said Mahfezh Central Bank Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the sales value of the currency auction at today’s meeting amounted to” 169 “million” 282 “thousand dollars,” noting Read more…

Kobler: to meet with Maliki and Barzani way to resolve problems

Kobler: to meet with Maliki and Barzani way to resolve problems

18:26 28/04/2013

Follow-up – and babysit – The Special Representative of the United Nations in Iraq, Martin Kobler, said the upcoming meeting between Prime Minister Nuri al-Maliki and President Kurdistan Regional Government Naچervan the Barzani scheduled on Monday, would be a way to find a long-term solution to the Iraqi crisis on the basis of the constitution.
According to a statement by the Information Office of the UN Mission in Iraq (UNAMI): The Special Representative of the Secretary-General in Iraq, Martin Kobler welcomes Read more…

Specialists suggest the adoption of a law regulating the currency conversion

Specialists suggest the adoption of a law regulating the currency conversion

04/28/2013 12:00 AM

After fluctuating exchange rate of the dollar
BAGHDAD – Hussein ثغب Tamimi
witnessing the Iraqi market volatility evident in the exchange rate of the dollar against the Iraqi dinar is to climb in favor of the dollar as the price ranges cashed between 127-128 dinars. comes this volatility, despite the many actions taken by the central bank in order to exchange rate stability by expanding distribution outlets and the inclusion of all citizens in the dollar to get through a specific mechanism.
Some economists attribute the cause to the absence of a law regulating the Read more…

Low price of the dollar against international currencies will impact on the national economy

Finance parliamentary: low price of the dollar against international currencies will impact on the national economy

28-04-2013 11:31 AM

Baghdad (news) .. The member of the Finance Committee MP / National Alliance / Amin Hadi Abbas, the need to diversify the basket of currencies in the Central Bank to avoid global crises and changes that occur at the price of U.S. dollar in world markets. Abbas said (of the Agency news): The low exchange rate of the U.S. dollar either Japanese yen and other international currencies will affect the national economy, being Read more…

Officials found guilty in Obama, Clinton ballot petition fraud

Officials found guilty in Obama, Clinton ballot petition fraud

By Eric Shawn

Published April 26, 2013

FoxNews.com

A jury in South Bend, Indiana has found that fraud put President Obama and Hillary Clinton on the presidential primary ballot in Indiana in the 2008 election. Two Democratic political operatives were convicted Thursday night in the illegal scheme after only three hours of deliberations. They were found guilty on all counts.

Former longtime St. Joseph County Democratic party Chairman Butch Morgan Jr. was found guilty of felony conspiracy counts to commit petition fraud and forgery, and former county Board of Elections worker Dustin Blythe was found guilty of felony forgery counts and falsely making a petition, after being accused of faking petitions that enabled Obama, then an Illinois Senator, to get on the presidential primary ballot for his first run Read more…

Will they LOP the Iraqi dinar?

The Central Bank scrapped the currency structure of the year

– APRIL 26, 2013

Baghdad-on-off

The Central Bank said there is no intention of structuring currency and delete zeros this year.

The parliamentary Finance Commission member Abdul Hussein Al-yasiri for (time) on (the Central Bank declared its intention to restructure the currency and delete zeros this year).

The Committee (with the currency because it reduces the structure of categories and make it easier to carry and over fraudulent groups add that enhances the value of the Iraqi dinar against the dollar).

Adding (if you omit leading zeros will bank issuing currency class 100 dinar be worth close to $ 100 and that this thing would reduce currency from 4 billion to billion). Read more…

Iraqi Central Bank: No intentions to strike out zeros from the currency

Iraqi Central Bank: No intentions to strike out zeros from the currency

26-04-2013 – 13:00

Editor: Ghassan Hamed

Iraqi Central Bank expressed on Thursday that it does not intend to restructure Iraqi currency of strike out the three zeros, denying any news pertaining to Iraqi Dinar redenomination .

“Some media stations reported statements that the Central Bank was thinking about restructuring the Iraqi currency and striking out the three zeros”, said the bank in a statement Read more…

Analyst: lower price of gold on world markets impact the Central Bank of Iraq

Economic Analyst: lower the price of gold on world markets impact on the price of locally

27-04-2013 10:50 AM

Baghdad (news) .. Warned economic analyst gentle Abdul Salem Okkaily, from the impact of lower gold price in global markets on the size of the capital of the Central Bank of Iraq, the fact that he has large reserves of gold. Ugaili said (of the Agency news): The decline in the price of gold on world markets after largely on price in the domestic market, which led to decline also, the fact that gold Local mostly imported. explained: that the new policy followed by the Central Bank of diversified basket of currencies Read more…

House demands to withdraw confidence from the government and from accounting gave orders to kill protesters

Khaled alwani: House demands to withdraw confidence from the government and from accounting gave orders to kill protesters

27-04-2013 06:24 AM

Baghdad (news) .. called MP / coalition in Iraq / Khalid al-Alwani, the House of Representatives to withdraw confidence from the government and accounting who gave the orders killing of demonstrators, noting that al-Maliki calls for maintaining the unity of Iraq and the army kills people. said Alwani said in a statement (of the Agency news News): The Prime Minister Nuri al-Maliki wants to show the Read more…

Iraqi Dinar Guru predictions! 4-27-2013

Iraqi Dinar Guru predictions! 4-27-2013

4-27-2013 Newshound/Intel Guru Flashing the reality is that people are lost and have made a science fiction movie from this. they have forgot that iraq was an aggressor country and they were punished for such behavior. obviously one of the sanctions was the devaluation of their currency to limit their economic power and avoid the acquisition of weapons of mass destruction. you will hear a lot of bs. but this event will not happen this week. Read more…

Central banks actions for the stability of the Iraqi dinar is not working

Central banks actions for the stability of the Iraqi dinar is not working

04/27/2013 (23:01 pm)

Baghdad / tributary cactus and agencies

Experts believe specialize in regard financial and currency traders that the stability of the exchange rate of the dollar against the Iraqi dinar due to the absence of professional management of the central bank, pointing to the need to reconsider the mechanism by which it deals with the market to correct failures occurring in the exchange rate volatility, and record the dollar exchange rate in the market local risen sharply over the past few days, if the price of one dollar more than Read more…

Iraqi Dinar Guru predictions! 4-26-2013

Iraqi Dinar Guru predictions! 4-26-2013

4-26-2013 Intel Guru Delta There are 8 construction companies in Baghdad, in Iraq & none of these people have been paid yet for 4 months. I talked to the director in charge of the Qui [sp] cards & he said the only way to go international is to go with Master Card, not the local card & in order to do that you have to have a tradeable currency. They were supposed to do it a month ago, but nothing happened. The director said they are waiting for them to raise the value of the currency. They are waiting for this one thing. They can not go with the program rate of 1166. There is a good possibility that the rate could be 1 – 1 and then go up. It will not be a free float. That would be a disaster for Iraq. The only thing that would work would be a managed float. Read more…

URGENT APPEAL: Iraq is at a crossroads and on Iraqi leaders to do bold and immediate initiatives for peace

Kobler in URGENT APPEAL: Iraq is at a crossroads and on Iraqi leaders to do bold and immediate initiatives for peace

Friday, 26 April / April 2013 16:31

{Baghdad: Euphrates News}

Warned the UN envoy to Iraq, Martin Kobler, that “Iraq is at a crossroads, calling for an urgent appeal to” show restraint and Iraqi leaders do bold and immediate initiatives for peace. ”

A statement of the UN mission in Iraq {UNAMI} appeal Kubler with a tone of strong following the clashes that took place recently and resulted in the killing and wounding hundreds of people in all parts of Iraq, which expressed “fears that the country is heading towards the unknown Read more…

Central bank: There is no intention at this time to delete the zeros from the currency

Central bank: There is no intention at this time to delete the zeros from the currency

April 26, 2013 20:35

Baghdad / Baghdadi news / .. The Iraqi Central Bank, on Thursday, that there is no intention at this time to restructure the currency and deleting three zeros of them, denying the reports in this regard.
The bank said in a statement taken by his press office and received / Baghdadi News / copy of it, that “some of the media handled statements about the intention of the Iraqi Central Bank restructuring of the currency and deleting three zeros of them,” adding, “While confirming that the bank Read more…