Archive for July, 2013

Iraqi Dinar Guru predictions! 7-31-2013

Iraqi Dinar Guru predictions! 7-31-2013

7-31-2013 Newshound Guru Enorrste Article: “Iraqi economist Mohammad Saleh appearance of time live market breakdown and impasse of 2014 is not valid for Exchange” Quote: “The answer is, no, it’s the year parliamentary elections, and not in political stability, replacing the currency in 2014 is questionable.” This is the most direct statement that we have seen from Saleh on this matter…What he is telling us is that our currency will remain legal tender until at least 2014 and then beyond. In addition, however, he is stating that our currency will not even begin to be replaced until after the next election in March 2014. The fact that he states that the process of “removing the three zeros” must take place at the beginning of a fiscal year makes 1/1/2015 the earliest date for that process to begin. Read more…

Mohammed Saleh’s time to live a dilemma uncontrolled market and the year 2014 is not fit to replace the currency

Iraqi economist appearance of Mohammed Saleh’s time to live a dilemma uncontrolled market and the year 2014 is not fit to replace the currency

Posted  JULY 31, 2013

Economist Iraq the appearance of Mohammed Saleh decade live impasse uncontrollable market and the year 2014 is not fit to replace the currency
Interviewed by Abdul-Jabbar Khudair Abbas
returned talk these days of a new on deleting three zeros from the Iraqi currency against the backdrop of the withdrawal of Iraq from sanctions Chapter VII as to achieve Read more…

Lower central bank sales of dollar at auction Wednesday

Lower central bank sales of dollar at auction Wednesday

Wednesday, July 31, 2013 17:08

BAGHDAD / Baghdadi News / .. sales fell CBI from Atarfa auction sale and purchase of foreign currency, Wednesday, to 184 million and 883 thousand dollars, after it reached yesterday, 242 million and 786 thousand dollars, a stable exchange rate was 1166 dinars per dollar.
According to a statement moved the Information Office of the Bank received / Baghdadi News / copy of it, that “the demand for the dollar Read more…

Central criticizes global report described Iraq’s economy

Central criticizes global report described Iraq’s economy

07/31/2013 (00:01 pm)

Baghdad / Range

The Central Bank of Iraq, yesterday, the stability of the exchange rate of the Iraqi dinar against the dollar in response to a report by the International Center for Development Studies talked about the “reality flopped in the Iraqi economy,” noting that its reserves of hard currency amounted to 70 billion at the end of 2012, while noting to promote tally Gold of 29.7 tons.
A statement by the bank said that Read more…

Traders transferred their money to Jordan at an accelerated pace

Traders transferred their money to Jordan at an accelerated pace and waves of violence reduced economic activity by half

07/31/2013 (00:01 pm)

Baghdad / Range

Drawing an Iraqi investor grim picture of the effects left by the waves of violence worse, on the overall economic activity in Iraq, and the transfer of that knowledge transferred their capital abroad at an accelerated pace in anticipation of developments, and many of the Read more…

Iraqi Prime Minister Nuri al-Maliki thinking to resign

Iraqi Prime Minister Nuri al-Maliki thinking to resign

31/07/2013

Palm – The board coalition of state law on Tuesday the existence of pressures large some components of the National Alliance is pushing for progress Prime Minister resignation against the backdrop of the deteriorating security situation and informed sources said that al-Maliki is considering adoption of this resolution, after reaching an impasse with its partners in the political process While the Kurdistan Alliance, declined to comment on the Read more…

Fall of USD in Iraq has been anticipated by the economists

Fall of USD in Iraq has been anticipated by the economists

7.30.13

It has been presumed that the fall of economy or Iraqi dinar price is not a big concern now. After a few efforts and withdraw of the chapter VII sanctions, Iraqi dinar price has become stable to some extent. Read more…

Controversies on dinar ‘reform’ amongst the Iraqi officials

Controversies on dinar ‘reform’ amongst the Iraqi officials

7.30.13

Two Iraqi parliamentary committees monitoring fiscal policy in Iraq have held two contradictory positions on the Iraqi currency “reset” project, which would delete three zeros from the currency. Controversies were there regarding the feasibility of this project and some of the experts have opined that it will take a long to implement. Read more…

CBI: IMF report supports our goals in the liberalization of the foreign exchange market

CBI: IMF report supports our goals in the liberalization of the foreign exchange market

7.30.13

informed banking sources said that the report on the acts of the Executive Board of the International Monetary Fund last May endorsed the central bank’s target Iraqi central goal of liberalization of the foreign exchange market. Read more…

“Financial” parliamentary budget anticipates the arrival of 2014 at an early date .. And demanding to participate in the preparation

“Financial” parliamentary budget anticipates the arrival of 2014 at an early date .. And demanding to participate in the preparation

7.30.13

Baghdad Awan

The Guardian: Maliki proved to be disastrous leader

The Guardian: Maliki proved to be disastrous leader

7.30.13

Baghdad (AIN) -The British Newspaper, the Guardian, described the Premier, Nouri al-Maliki, as “A disastrous leader, subverting the constitution to concentrate power in his own hands, to exclude the Sunni minority and potentially to threaten the so far peaceful Kurdish north.” Read more…

Iraqi Dinar Guru predictions and some more BS!! 7-30-2013

Iraqi Dinar Guru predictions and some more BS!! 7-30-2013

7-30-2013 Newshound Guru Kaperoni Article: “Iraqi economist Mohammad Saleh appearance of time live market breakdown and impasse of 2014 is not valid for Exchange” This is a really good article…What I see initially, Saleh is stating they need to move forward with the currency reform. And if the excuse is “political stability” next year is an election year and they will use that as an excuse as well. He also says at the end, that the GOI is afraid to open the economy because they are afraid they will take all their capital and leave Iraq. Saleh said that is non-sense since their is such potential for success and profit in Iraq. Read more…

Oil and energy parliamentary: the main political differences inactivated to approve oil and gas law

Oil and energy parliamentary: the main political differences inactivated to approve oil and gas law

Tuesday, July 30, 2013 15:02

Baghdad / Baghdadi news / .. Confirmed the Commission on oil and energy parliamentary Tuesday that political differences are inactivated only to approve oil and gas law in the House of Representatives.
A member of the Committee Qasim Mchkta told / Baghdadi News /, that “the oil and gas law is still disabled in the House of Representatives because of Read more…

Dry: the financial sector need a clear policy to support the economy

Dry: the financial sector need a clear policy to support the economy

Posted 30/07/2013 12:25 PM

Babinaoz / Agencies:
Said Director General of Commercial Bank of Iraq (TBI) Hamdiya dry that the financial sector in Iraq has the potential thing a lot, but it need clear policy orientation towards the proper destination from which to be able to contribute effectively to support the Iraqi economy.

She told the “morning” that Iraq possesses a strong economy qualifies him to be a Tiger next to Asia, pointing out that Read more…

Finance Committee: more than 188 trillion dinars budget in 2016

Finance Committee: more than 188 trillion dinars budget in 2016

30/07/2013

BAGHDAD / JD / .. announced the Finance Committee in the House of Representatives that the 2016 budget will be more than 188 trillion dinars.
Committee member said Magda al-Tamimi told the reporter / JD / within the Committee prepared for the budgets of Iraq strategy for the years 2014, 2015 and 2016 to be identified last year’s budget up to 188 trillion and 188 billion dinars.
It showed that the total expenditure will be up to Read more…

Ministry of Finance required to open windows for the sale of hard currency in all provinces

Deputy: Ministry of Finance required to open windows for the sale of hard currency in all provinces to support the price of the Iraqi dinar

30-07-2013 12:23 PM

Baghdad (news) .. Student member of the Finance Committee MP / National Alliance / Amin Hadi, the Ministry of Finance to coordinate with the Central Bank to open the windows sale of hard currency in all branches of government banks generality of the country so as to prevent the monopoly of selling to banks certain without the other. said Hadi (of the Agency news): that some banks civil trying to monopolize the sale of hard currency to their advantage, which led to increase in the dollar exchange rate against the Iraqi dinar, as a result of Read more…

Vice Kurdistan: Maliki will not get a third term and will root differences with the provincial government

Vice Kurdistan: Maliki will not get a third term and will root differences with the provincial government during the current parliamentary session

30-07-2013 12:19 PM

Erbil (news) .. MP for / Kurdistan Islamic Union / Baker flesh friend, that al-Maliki will not get a third term because of the rise of Islamic movements his competition. friend said in a statement (of the Agency news): The current phase is witnessing a positive relationship between the government Federal and provincial government, and the coming period will witness the resolving of disputes pending between the parties. added: Prime Minister Nuri al-Maliki can not get a third term or get a Read more…

Iraq: the start of procedures to delete 3 zeros from Alamlha

Iraq: the start of procedures to delete 3 zeros from Alamlha

Posted, July 29, 2013

BAGHDAD, Iraq (CNN) – said the Finance Committee representative in Iraq, said the central bank, according to the communications of the official start of this year procedures deleting three zeros from the local currency, saying that it would lead to the development of cash transactions and international economic, in a new development at the level of currency Iraq, which has suffered large waves of inflation and the decline in exchange rates.
It quoted “IMN” official member of the Finance Committee, Abdul Hussein al-Yasiri, saying that he is supposed to begin preparations necessary to delete Read more…

International assessment of the economy and its sustainability

International assessment of the economy and its sustainability

7.29.13

Yasser incumbent optimistic frequently exit of Iraq from the provisions of Chapter VII and rely upon the achievement of economic advancement and coincided with the decision issued global assessment of the IMF, Read more…

An invitation to create a supportive legislation for economic development

An invitation to create a supportive legislation for economic development

7.29.13

BAGHDAD – Hussein ثغب Tamimi called Chairman National Business Ibrahim al-Baghdadi, activating the system of laws that encourage economic development in all sectors of production and service. Read more…