CBI INFO & IRAQI DINAR NEWS

Cabinet approves the recommendation to support the independence of the Central Bank of Iraq

Cabinet approves the recommendation to support the independence of the Central Bank of Iraq

Tuesday, February 17, 2015 16:16

BAGHDAD / Baghdadi News / .. Cabinet approved on Tuesday, on the recommendation of the Committee on Economic Affairs on the support of the independence of the Central Bank of Iraq and to avoid prejudice in order to achieve his goals.

A statement by the Office of President of the Council received / Baghdadi News / copy of it, that “the Council of Ministers approved during the session, today, on a resolution recommendation of the Committee on Economic Affairs on supporting the independence of the Central Bank of Iraq and to avoid Read more…

Central Bank bought gold to be used as a cover for the process of deletion of zeros from currency

Central Bank bought gold to be used as a cover for the process of deletion of zeros from currency

02/17/2015

BAGHDAD / JD / .. is heading the Iraqi Central Bank to invest cash reserves of hard currency through the purchase of gold, especially after the decline in gold prices in world markets over the past months, in a move it to diversify its reserves, the fact that gold is a store relatively safe for the value of the local currency, where the Council announced International gold buying CBI 48 tonnes of gold during 2014.
A number of experts and specialists in the financial and economic affairs central bank’s move Read more…

Iraqi Dinar/US Dollar auction results 2-16-2015

Iraqi Dinar/US Dollar auction results 2-16-2015

Results currency auction Announcement No. (2888)

The opening of the Committee on buying and selling daily deals Tmnmaip dollar and eighty-eight and two thousand for the sale and purchase of foreign currency in the Central Bank of Iraq on Monday, a brief summary 02.16.2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 2-15-2015

Iraqi Dinar/US Dollar auction results 2-15-2015

Results currency auction Announcement No. (2887)

The opening of the Committee on buying and selling daily Tmnmaip dollar and eighty-seven and two thousand offers to buy and sell foreign currency at the Central Bank of Iraq on Sunday, the day on 15.02.2015 and the results were as follows: Read more…

A source at the bank: No control over the flow of dollars abroad

A source at the bank: No control over the flow of dollars abroad

Posted, 02/15/2015 (20:30)

BAGHDAD / Amer Mohi

Demanded an official source at the Central Bank of Iraq, on Saturday, monitoring the movement of the dollar and put controls on foreign exchange companies and check receipts and money transfer. While an economist pointed out that determining the amount of dollar selling in the auction currency lowers the price of the dinar, the Iraqi government called for a work of non-interference of the Central Bank.

An official source at the Central Bank,
“long”, that “the most important causes of decline of the dinar is the use Read more…

The government is seeking to increase dollar sales to 125 million to reduce the value

The government is seeking to increase dollar sales to 125 million to reduce the value

15/02/2015

BAGHDAD / JD / .. Finance Committee revealed seek Cabinet to increase dollar sales to 125 million instead of 75 million to reduce its value, as pointed out that the rise in the dollar will not continue, and there is a tendency to install its price against the dinar.
The committee member said Masood Haider told / BD /: that there is a different perspective to the Council of Ministers and Central Bank on what came in the budget law which set the sale of $ 75 million a day.
He expressed the belief that it will change the amount Read more…

Iraqi Dinar/US Dollar auction results 2-12-2015

Iraqi Dinar/US Dollar auction results 2-12-2015

Results currency auction Announcement No. (2886)

The opening of the Committee on buying and selling daily Tmnmaip dollar and eighty-six offers two thousand for the sale and purchase of foreign currency in the Central Bank of Iraq on Thursday, a brief summary of 02.12.2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 2-11-2015

Iraqi Dinar/US Dollar auction results 2-11-2015

Results currency auction Announcement No. (2885)

The opening of the Committee on buying and selling daily deals Tmnmaip dollar and eighty-five after two thousand for the sale and purchase of foreign currency in the Iraqi Central Bank on Wednesday, the day on 02.11.2015 and the results were as follows: Read more…

Subjected to sell the dollar, according to supply and demand

Subjected to sell the dollar, according to supply and demand

2/11/2015 0:00

BAGHDAD – morning
reduced the experts in the banking Shan of the importance of the fluctuation of the exchange rate of the dollar and confirmed the possibility of reducing the changes in the dinar exchange rate gap against the dollar, and it will not last long because of the protection of the Iraqi dinar, represented by cash reserves of $ 67 billion.
The academic and expert banking d. Sadiq Rashid “morning”: that reducing the Read more…

Iraqi Dinar/US Dollar auction results 2-10-2015

Iraqi Dinar/US Dollar auction results 2-10-2015

Results currency auction Announcement No. (2884)

The opening of the Committee on the sale and purchase of the daily dollar Tmnmaip and four and eighty two thousand offers to buy and sell foreign currency at the Central Bank of Iraq on Tuesday for a brief summary of 02.10.2015 and the results were as follows: Read more…

CBI borrow six trillion dinars deposited by commercial banks have reserves to finance the budget

CBI borrow six trillion dinars deposited by commercial banks have reserves to finance the budget

10-02-2015 03:26 PM

The CBI has decided to finance the state budget with a loan of six trillion dinars, through the operation of 50% of the deposited by commercial banks reserves has, and the repurchase of treasury bonds from the secondary market.
According to a statement of the bank it will buy about five trillion dinars, of which the Read more…

Iraqi Dinar/US Dollar auction results 2-9-2015

Iraqi Dinar/US Dollar auction results 2-9-2015

Results currency auction Announcement No. (2883)

The opening of the Committee on the sale and purchase of the daily dollar Tmnmaip and three and eighty two thousand offers to buy and sell foreign currency at the Central Bank of Iraq on Monday for a brief summary of 09.02.2015 and the results were as follows: Read more…

Calls for the deletion of zeros from the currency and financial .. parliamentary stresses: time is not right

Calls for the deletion of zeros from the currency and financial .. parliamentary stresses: time is not right

09/02/2015 (19:52)

Range / Amer Mohi

In the new Congress calls for the deletion of zeros from the Iraqi currency time, said in a Finance Committee member, said “time is not right for this project,” while the experts pointed out that the change requires a stable currency price of the dollar which is verified at the present time.

He said the parliamentary finance committee member Ahmed Hama Rashid, on Monday, the “long”, that “the proposal to delete the zeros existing Read more…

Warnings from the continuing decline in the exchange rate of the dinar against the dollar

Warnings from the continuing decline in the exchange rate of the dinar against the dollar

09/02/2015

BAGHDAD / JD / .. after he saw the Iraqi dinar declined abruptly in price against the dollar and other hard currencies than it was before the adoption of the state budget in 29 of the last month, warned a number of experts and specialists in the financial and economic of the continuing decline of the Iraqi dinar exchange rate issue against the US dollar and its impact on the economic situation in the country, calling during their talk Agency / BD / central bank to take quick action and effective Read more…

Central: Iraqi dinar hard currency

Central: Iraqi dinar hard currency

9/2/2015 0:00

Despite the slight rise in the dollar exchange rate
BAGHDAD Mostafa Hashemi
caused Article 50 of the Budget Law for 2015, confusion evident in the dollar’s exchange rate against the dinar, while the Governor of the Central Bank economist counting this article to intervene in the work of an independent institution.
He said the central bank governor Acting Dr. Ali Keywords that this article surprised us and we will Read more…

Iraqi Dinar/US Dollar auction results 2-8-2015

Iraqi Dinar/US Dollar auction results 2-8-2015

Results currency auction Announcement No. (2882)

The opening of the Committee on the sale and purchase of the daily dollar Tmnmaip deals and eighty-two millennia after the sale and purchase of foreign currency in the Central Bank of Iraq on Sunday, the day on 02.08.2015 and the results were as follows:  Read more…

Economic expert criticizes determine central bank sales to 70 million dollars by Parliament

Economic expert criticizes determine central bank sales to 70 million dollars by Parliament

Date: 08/02/2015 21:29

Information / special / ..
criticized the economic expert, Sunday, determine the central bank sales auction of $ 70 million dollars a day in one of the general budget of the country items, noting that the measure would hurt the Iraqi economy and weaken the dinar exchange rate against other foreign currencies.
The economist said Manaf Sayegh told / information /, that “determining central bank sales serious Read more…

Economists renew demands for the implementation of the deletion of zeros during the current year

Economists renew demands for the implementation of the deletion of zeros during the current year

07/02/2015

BAGHDAD / JD / .. renewed a number of experts and MPs specialists in financial and economic affairs requiring them to begin proceedings preliminary implementation of the project to delete the three zeroes from the currency this year, because of its great importance to the Iraqi economy and the currency of the local, as well as to reduce the large digital accounts burden treasurers and facilitate the work of accountants in the transfer count numbers.
He says the parliamentary finance committee member Abdul Qader Mohammed, said the project to delete the three zeroes from the currency is Read more…

Measures to support the Iraqi banking sector

Measures to support the Iraqi banking sector

07/02/2015

In order to develop the private banking sector in Iraq have been taken to the Economic Affairs Committee in the Iraqi Council of Ministers a series of supportive measures for the sector, the most important compel state departments all accept certified instruments issued by private banks, and the Ministry of Finance in coordination with the Central Bank of Iraq, and the Association of private banks in Iraq, to put controls and Read more…

Central Bank of Iraq Statement Issued: Expanded meeting with representatives of the banks

Central Bank of Iraq Statement Issued: Expanded meeting with representatives of the banks to inform them on how to deal with banknotes

Posted, February 6, 2015

(Press release), the Directorate General of issuance and cabinets held at the Central Bank of Iraq, an expanded meeting with representatives of the banks to inform them on how to deal with banknotes in accordance with modern techniques in counting and examination.

Statement issued by the Central Bank of Iraq Read more…