CBI INFO & IRAQI DINAR NEWS

Stronger security features to be added to Iraq’s new banknotes

Stronger security features to be added to Iraq’s new banknotes

Posted, 1 May 2014

Iraqi banknotes have been replaced by the Central Government of Iraq with new ones containing additional security features to make the currency more difficult to counterfeit, it announced last week.
The bank has reprinted small denomination paper banknotes (250, 500 and 1,000 Iraqi dinars) as well as larger denominations (5,000, 10,000, and 25,000 dinars), the bank’s treasury director Ihsan Shamran al-Yasseri told.
He also said, “The new currency, of which the small value ones have been Read more…

Deputy warns of the government to continue borrowing from the central bank

Deputy warns of the government to continue borrowing from the central bank

04/28/2014

Baghdad / Orr News

Warned a member of the Committee for the economy and investment representative of the government to continue borrowing from the central bank to cover the expenses of the investment budget because of the adoption of the law of the state budget for the year 2014.

She Nora Salem fears of the impact of borrowing in the Bank cash reserves Read more…

Central Bank Governor: work the private banking sector has so far not lived up to the required level

Central Bank Governor: work the private banking sector has so far not lived up to the required level

4-28-14

Tomorrow’s Press / BAGHDAD: The governor of the Central Bank and the Agency Abdul Basit Turki Saeed, on Sunday that the private banking sector in Iraq was Read more…

Iraqi banks see increase in financial deposits

Iraqi banks see increase in financial deposits

Posted, 27 Apr 2014

Financial deposits have increased at Iraqi government and private banks, which Iraqi experts and banking specialists say reflects growing public confidence in the country’s banking institutions.
The volume of cash deposits has grown this year to about 70 trillion Iraqi dinars ($60 billion), Private Banks Association executive director Abdul Aziz al-Hasoon told Mawtani.

Of this, 40 trillion ($34 billion) belongs to the public sector, held by national banks and financial institutions, and 30 trillion ($26 billion) is Read more…

Opening of the Conference of the Iraqi banking – Lebanese .. and 7 banks operate in a Beirut Baghdad

Opening of the Conference of the Iraqi banking – Lebanese .. and 7 banks operate in a Beirut Baghdad

04.27.2014 (0:01 pm)

 Baghdad / term-Presse

Opened the Iraqi Central Bank Governor Abdul-Basit Turki, the conference of the Iraqi banking – the Lebanese, which lasts for two days, and among that there are seven branches of the Lebanese banks in Iraq, confirmed the existence of requests for the opening of branches of other banks, he pointed to the pursuit of Lebanese banks to invest in Iraq and the expansion of open branches.
said a statement by the Information Office of the Central Bank of Iraq Read more…

A proposal to convert the cash to handle electronic payments system to support

A proposal to convert the cash to handle electronic payments system to support

04/27/2014

BAGHDAD / JD / .. financial expert suggested the name Hadi, converting to cash handling financial exchange to improve the electronic payments system in the country.
Said Hadi told / JD /: “It has to be working on the development of the Iraqi banking system with the latest technologies to allow him to enter the Read more…

Iraqi Dinar-Dollar auction results 4-26-2014

Iraqi Dinar-Dollar auction results 4-26-2014

Currency auction results Announcement No. (2661)

Was the opening of bids for the Commission on the sale and purchase dollar daily and one hundred and sixty-two thousand to buy and sell foreign currency at the Central Bank of Iraq for the day on Saturday 26/4/2014 and the results were as follows: Read more…

Expert warns of dollar smuggling after allowing for the transfer companies entering the central auction

Expert warns of dollar smuggling after allowing for the transfer companies entering the central auction

04/25/2014

BAGHDAD / Adil Kadhim

Warned the economic expert Majid picture of allowing money transfer companies participating auction without tightly controlled currency, warning banks offload of U.S. currency.

And said the picture that “money transfer companies in Iraq of 34 companies dealing with banks in specific ways for the dollar by switching Read more…

Iraq issued new coins of high security specifications

Iraq issued new coins of high security specifications

Posted, 04/24/2014 Khaled al-Tai of Baghdad

Iraqi Central Bank announced last week for printing new bank notes contain signs of additional security make it difficult to counterfeit or tampered with.

“The new currency, which started offering small ones for trading not much different from the currency currently in circulation among the citizens in terms of shape, but it provided the technical specifications more efficient and safer as contained signs of Read more…

Iraqi Dinar/Dollar auction results 4-24-2014

Iraqi Dinar/Dollar auction results 4-24-2014

Currency auction results Announcement No. (2660)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and sixty-two thousand to buy and sell foreign currency at the Central Bank of Iraq for the day on Thursday 24/04/2014 The results were as follows: Read more…

Iraqi Dinar/Dollar auction results 4-23-2014

Iraqi Dinar/Dollar auction results 4-23-2014

Currency auction results Announcement No. (2659)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and fifty-nine after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Wednesday, the day on 23.04.2014 and the results were as follows: Read more…

Iraqi Dinar/Dollar auction results 4-22-2014

Iraqi Dinar/Dollar auction results 4-22-2014

Currency auction results Announcement No. (2658)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and fifty-eight and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 04.22.2014 and the results were as follows: Read more…

Central Bank calls his “JP Morgan” the U.S. to open a branch in Iraq

Central Bank calls his “JP Morgan” the U.S. to open a branch in Iraq

04/22/2014 12:35

Tomorrow’s Press / BAGHDAD: The governor of the Iraqi Central Bank and the Agency Abdel Basset Turki, on Tuesday, that the bank had invited his counterpart, “JP Morgan” the U.S. to open a branch in the country, while noting that the opening of the banks will facilitate transfers of financial and opens credit banking reliable global by the citizens. said Turkish for “tomorrow’s Press,” that “there are major Read more…

Concerns behind the postponement of the project to delete the zeros from currency

Concerns behind the postponement of the project to delete the zeros from currency

04/22/2014

He attributed the members of the Committee on Economy and Investment House of Representatives to postpone the project to delete the zeros from the currency until another slogan to the concerns expressed by the Iraqi government of the possibility for Read more…

Expert: the amount of money frozen in Iraq 70 trillion dinars

Expert: the amount of money frozen in Iraq 70 trillion dinars

04/22/2014

Confirms financial expert and there are about 70 trillion Iraqi dinars as seed money frozen in banks and official institutions and civil government can invested within development projects. , in an interview with Radio Free Iraq, expert says the appearance of Mohammed Saleh, who served as deputy governor of the Iraqi Central Bank in the past that 30 trillion dinars of those funds Read more…

“Central” decides to enter the banking companies to currency auction without intermediaries

“Central” decides to enter the banking companies to currency auction without intermediaries

04.22.2014 (0:01 pm)

 Baghdad / term-Presse

Decided the Iraqi Central Bank to allow banking companies financial enter the currency auction “without broker”, and stressed that this action will contribute to the stability of the dinar exchange rate and expands the auction of foreign currency, as pointed out that those companies would be “a true partner” to support the economy.
, the bank said in a statement Read more…

Iraqi Dinar/Dollar auction results 4-21-2014

Iraqi Dinar/Dollar auction results 4-21-2014

Currency auction results Announcement No. (2657)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and fifty-seven after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Monday for the day on 04.21.2014 and the results were as follows: Read more…

Approval by the money transfer companies to open accounts directly with the central bank

Approval by the money transfer companies to open accounts directly with the central bank

21-04-2014 10:17 AM

Baghdad (news) .. The Board of Directors CBI minutes held on Sunday to approve the money transfer companies to open accounts directly with the CBI ‘Iraqi dinar and the dollar.’ statement said the bank has received the Agency (news): The management of the Iraqi Central Bank decided in its session held on Sunday, 20.04.2014 Approval by Read more…

Iraqi Dinar/Dollar auction results 4-20-2014

Iraqi Dinar/Dollar auction results 4-20-2014

Currency auction results Proclamation No. (2656)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and fifty-six after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Sunday, the day on 20.04.2014 and the results were as follows: Read more…

Iraqi Dinar/Dollar auction results 4-19-2014

Iraqi Dinar/Dollar auction results 4-19-2014

Currency auction results Announcement No. (2655)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and fifty-five after two thousand to buy and sell foreign currency at the Central Bank of Iraq for the day on Saturday 19/4/2014 and 20/4/2014 port on Sunday and the results were as follows: Read more…