CBI INFO & IRAQI DINAR NEWS

A parliamentary committee warns of salary cuts and the withdrawal of Central Bank reserves

A parliamentary committee warns of salary cuts and the withdrawal of Central Bank reserves

02/28/2014

BAGHDAD / Firas Majid

Confirmed the parliamentary Economic Committee that the federal government will resort to a package of measures to meet the fiscal deficit in the state budget, the most important of the withdrawal of central bank reserves and the capital of the Rafidain and Rasheed put stocks and government bonds for sale.

And warned committee member Rep. Nora Albjara of the Iraqi government of Prime Minister Nuri al-Maliki has taken a number of measures to plug Read more…

Iraqi diplomat: Washington refuses to reset the dinar and its biggest loser

Iraqi diplomat: Washington refuses to reset the dinar and its biggest loser

Posted, 2/27/2014

Baghdad, Washington / Orr News

Revealed an Iraqi diplomat in Washington that the U.S. administration strongly rejects Iraq’s decision Ptsfir currency, or stop the daily auction of foreign currency, which is organized by the CBI.

The Iraqi diplomat said that “the United States is the primary beneficiary of the auction currency in Iraq, and the survival of the purchasing power of the Iraqi dinar is weak, compared to the price of Read more…

Iraqi Dinar/Dollar auction results 2-27-2014

Iraqi Dinar/Dollar auction results 2-27-2014

Currency auction results Announcement No. (2612)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and twelve two thousand to buy and sell foreign currency at the Central Bank of Iraq for the day on Thursday 02/27/2014 The results were as follows: Read more…

Inventory sell the dollar sinks incompatible with the principle of the free market

Association Chirvien: Inventory sell the dollar sinks incompatible with the principle of the free market

27.02.2014 (0:01 pm)

 Baghdad / term

Society said Chirvien Iraqis that the central bank’s decision to limit distribution outlets of foreign currency and the dollar in particular banks own conflicts with the principle of the free market, and lead to a monopoly of hard currency, and disables the movement of goods in the country, and appealed to the Assembly, the central bank to reconsider Read more…

Iraqi Dinar/Dollar auction results 2-26-2014

Iraqi Dinar/Dollar auction results 2-26-2014

Currency auction results Announcement No. (2611)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and eleven two thousand to buy and sell foreign currency at the Central Bank of Iraq on Wednesday, the day on 02.26.2014 and the results were as follows: Read more…

Jubouri: economic and political climate is favorable for the deletion of zeros from currency

Jubouri: economic and political climate is favorable for the deletion of zeros from currency

26/02/2014 15:21

Baghdad – and babysit – Parliamentary Finance Committee felt that the political climate and economic situation in the country is appropriate to delete the zeros from the Iraqi dinar currency.
The committee member said Haitham al-Jubouri in a press statement on Wednesday, “No political or economic situation bears open the case, as the process of deletion of zeros need to create and coordinate with fiscal policy and coordinate with the House of Representatives through legislation that covers the Read more…

Iraqi Dinar/Dollar auction results 2-25-2014

Iraqi Dinar/Dollar auction results 2-25-2014

Currency auction results Announcement No. (2610)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and two thousand ten for buying and selling foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 02.25.2014 and the results were as follows: Read more…

A proposal for the establishment of a supreme body concerned with banks

A proposal for the establishment of a supreme body concerned with banks

25/02/2014

BAGHDAD / JD / .. Parliamentary Finance Committee proposed new legislation allows banks to establish an independent supreme body of the Iraqi banking sector and monitor the work.
Said committee member Rep. Dler able Agency / JD /: “The Banking Act current backward and non-supportive of the banking sector being a working systems old traditional non abreast of the development in the global banks, Read more…

Iraqi Dinar/Dollar auction results 2-24-2014

Iraqi Dinar/Dollar auction results 2-24-2014

Currency auction results Announcement No. (2609)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and two thousand nine for buying and selling foreign currency at the Central Bank of Iraq on Monday for the day on 24.02.2014 and the results were as follows: Read more…

As a condition for auction participation all banks must deposit money to Central Bank of Iraq

As a condition for auction participation all banks must deposit money to Central Bank of Iraq

Posted, 24 Feb 2014

The Central Bank’s decision to compel banks to deposit all their money at the Central Bank as a condition for its entry in the auction Exchange, has led to the rise of the dollar is suspicious.
Member of parliamentary Committee for economy and investment Deputy Aziz Sharif al-mayahi, said that the Central Bank actions intended for the demolition of the domestic economy, warning of the East Bowl Mayor Abdel Basset Turki to Parliament if that Read more…

Lifting zeros from currency has been postponed, says Iraq economic committee member

Lifting zeros from currency has been postponed, says Iraq economic committee member

Posted, 24 Feb 2014

Qusay Ebadi, a member of the parliamentary Economic Committee said that the issue of lifting zeros from Iraqi currency has been postponed as there are fears the government of money laundering and fraud.
Al-Abadi said that “the Iraqi Central Bank expressed its readiness over a year ago to raise zeros from the Iraqi currency, noting that the laws and the Constitution did not specify the cause of lifting of the zeroes and there is no legal Read more…

Iraqi Dinar/Dollar auction results 2-23-2014

Iraqi Dinar/Dollar auction results 2-23-2014

Currency auction results Announcement No. (2608)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and eight-two thousand to buy and sell foreign currency at the Central Bank of Iraq on Sunday, the day on 02.23.2014 and the results were as follows: Read more…

Iraqi Dinar/Dollar auction results 2-22-2014

Iraqi Dinar/Dollar auction results 2-22-2014

Currency auction results Announcement No. (2607)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and two thousand seven to buy and sell foreign currency at the Central Bank of Iraq for the day on Saturday 22/2/2014 and the results were as follows: Read more…

Experts: Delete the zeros from the Iraqi dinar increases its strength against the dollar

Experts: Delete the zeros from the Iraqi dinar increases its strength against the dollar and easy to draw a price policy

02.22.2014 (0:01 pm)

BAGHDAD / Nihad Kazim

He said experts and specialists in regard the country’s financial The implementation of the project to delete the zeros from the Iraqi dinar will increase the strength against the U.S. dollar, in addition to facilitating the drawing political price in the country, as demanded a parliamentary committee by clicking on the government, “which disrupted the project” to force it to be implemented through texts Constitutional which allows the printing of a new currency, pointing out that the country’s exit from Chapter VII, and to achieve the Read more…

Purchasing power was not affected by the absence of a difference at the exchange rate dollar

Parliamentary economy: purchasing power was not affected by the absence of a difference at the exchange rate dollar

Friday, February 22, 2014 10:46

[Baghdad – where]

A member of the parliamentary Economic Committee, Qusay al-Abadi said that “the purchasing power of the Iraqi individuals not affected during the year 2014 to the current lack of teams at the exchange rate of the dollar against the Iraqi dinar.”

He added Abadi told all of Iraq [where] he “does not have a negative impact on a per capita purchasing power and because it does not have the price of Read more…

Iraqi Dinar/Dollar auction results 2-20-2014

Iraqi Dinar/Dollar auction results 2-20-2014

Currency auction results Announcement No. (2606)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and two thousand six for buying and selling foreign currency at the Central Bank of Iraq on Thursday for a brief summary 20.02.2014 and the results were as follows: Read more…

Iraqi MP charged CBI for destroying country’s economy

Iraqi MP charged CBI for destroying country’s economy

Posted, 20 Feb 2014

Member of Parliamentary Economy and Investment Commission Aziz al-Mayahi charged the Central Bank of Iraq of adopting pre-meditated procedures to destroy national economy.
In a press statement, he pointed out that the new measures of depositing Banks’ funds are the reasons for increasing US dollar prices in Read more…

Quorum “tempt” 4 million people in one month to invest in Iraqi dinars

Quorum “tempt” 4 million people in one month to invest in Iraqi dinars

02.20.2014 (0:01 pm)

 Baghdad / term revealed site BBC Trending affiliated to the British Broadcasting Corporation for “hustler” Americans used social networking site Twitter, to make profits “penalty” through “delude” More than four million people, within one month, the need to invest in Iraqi currency, which “will rise value “, versus taking a commission rate of 20 percent, while describing the IMF that” allegations “as” very false. ” said the BBC, according to what I have read it (the long-Presse), “The owner of the title of # wearethepeople on twitter American call the same name TNT Tony was doing Petrgab Americans to invest in Iraqi currency (the dinar), and informing them that Read more…

Iraqi Dinar/Dollar auction results 2-19-2014

Iraqi Dinar/Dollar auction results 2-19-2014

Currency auction results Announcement No. (2605)

Was the opening of bids for the Commission on the sale and purchase dollar daily and five hundred two thousand to buy and sell foreign currency at the Central Bank of Iraq on Wednesday, the day on 19.02.2014 and the results were as follows: Read more…

Iraqi Dinar Revaluation, How the U.S. Plans to Make Trillions Off the Revaluation of the Iraqi Dinar

Iraqi Dinar Revaluation, How the U.S. Plans to Make Trillions Off the Revaluation of the Iraqi Dinar

I know that this is an old article, but it is still very relevant today, in my opinion. Posted, 2-19-2014

By Greg McCoach
Tuesday, August 9th, 2011

U.S. national debt will exceed $14.5 trillion by the end of the summer.
The government has been underwater so long, it has gills…
But despite their desperate condition, the Feds still have a few tricks up their sleeve that will allow them to keep “kicking the can” down the road.
One of the gimmicks they’ve cooked up to stave the wolves off is Read more…