CBI INFO & IRAQI DINAR NEWS

Iraqi Dinar/Dollar auction results 2-10-2014

Iraqi Dinar/Dollar auction results 2-10-2014

Currency auction results Announcement No. (2597)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-seven and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Monday for the day on 02.10.2014 and the results were as follows: Read more…

Central bank: direct a number of banks funded their accounts open for the purposes of currency auction

Central bank: direct a number of banks funded their accounts open for the purposes of currency auction

02/10/2014 12:57

Baghdad – and babysit – Central Bank of Iraq, directly from the large number of Iraqi banks funded open accounts in the bank for the purposes of the foreign currency auction.
According to a statement of the bank received a copy of the public, said on Monday that a large number of Iraqi banks started Read more…

Iraqi Dinar/Dollar auction results 2-9-2014

Iraqi Dinar/Dollar auction results 2-9-2014

Currency auction results Announcement No. (2596)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-six and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Sunday, the day on 09.02.2014 and the results were as follows: Read more…

A proposal to invest part of monetary reserves for the implementation of development projects

A proposal to invest part of monetary reserves for the implementation of development projects

09/02/2014

BAGHDAD / JD / .. Parliamentary Finance Committee proposed investment is part of the monetary reserves of hard currency in the implementation of development projects of the country, to support the Iraqi economy and increase cash reserves.
Said committee member Rep. Dler able Agency / JD /: that Iraq has a very large cash reserve of foreign currency up to 86 billion dollars, but he is still Read more…

High capital IDB

High capital IDB

9/2/2014 0:00

BAGHDAD – Mustafa al-Hashemi said the Islamic Development Bank for the receiving excellent credit rating AAA from rating agencies of the three, Moody’s and Standard & Poor’s and Fitch Ratings, came thanks to the contribution Iraq increments streak in the bank’s capital. Islamic Bank of Tnumeihabarh for an international financial institution established in pursuance of the statement Intent issued by the Conference of Finance Ministers of Muslim countries, which was held in December 1973 in Saudi Arabia and began its activities officially in October 1975. said Director of the Department of Banking, Ministry of Finance, Dr. Hilal Taan that Iraq represents a great economic power qualifies him to Read more…

World Bank mission to discuss activating the partnership to develop a permanent banking system

Net and the World Bank mission to discuss activating the partnership to develop a permanent banking system

09-02-2014 02:26 PM

Baghdad (news) .. Search and Minister of Finance Agency purity of net debt with the President of the World Bank mission in Iraq, Mary Helen ways of activating the strategic partnership permanent access to the banking system overall in the country. According to a statement of the ministry received the Agency (news) copy of it: that the Ministry of Finance emphasizes the importance of cooperation with the World International because of its Read more…

Iraqi Dinar/Dollar auction results 2-8-2014

Iraqi Dinar/Dollar auction results 2-8-2014

Currency auction results Announcement No. (2595)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-five after two thousand to buy and sell foreign currency at the Central Bank of Iraq for the day on Saturday 02/08/2014 and the results were as follows: Read more…

Central Bank raises the trusteeship imposed on the Warka Bank two years ago

Central Bank raises the trusteeship imposed on the Warka Bank two years ago

02.08.2014 (0:01 pm)

BAGHDAD / Acer Jabbar

Decided to CBI, lifting the trusteeship imposed by the Warka Bank since 2012 to find work since 2010, and specialize in what was described the decision as “good financially,” called on the government to “maintain the financial situation in the country.”
A source at the Central Bank, in an interview to the (long-Presse), “The bank decided, yesterday, lifting the Read more…

There are no economic sense to enter the central bank to buy the currency market

A member of the parliamentary Economy: There are no economic sense to enter the central bank to buy the currency market

Friday, February 8, 2014 08:34

[Baghdad where]

Criticized member of the Committee on Economy and Investment parliamentary MP Aziz Shareef al-Mayahi, Saturday, the CBI’s decision not to allow banks to enter the market to buy the currency, but the condition put their money in the bank full, urging him not to convert to banks banking offices.

He Mayahi in a statement received by all of Iraq [where] a copy of it today, “The central bank’s decision after allowing banks to enter the market to buy Read more…

Iraqi Dinar/Dollar auction results 2-6-2014

Iraqi Dinar/Dollar auction results 2-6-2014

Currency auction results Announcement No. (2594)

Was the opening of bids for the Commission on the sale and purchase dollar daily and four hundred and ninety two thousand to buy and sell foreign currency at the Central Bank of Iraq for the day on Thursday 06/02/2014 The results were as follows: Read more…

Association calls for private banks to wait to pull the licenses of the offending banks controls

Association calls for private banks to wait to pull the licenses of the offending banks controls

06/02/2014

BAGHDAD / JD / .. Association of private banks called the central bank’s decision to wait to withdraw licenses of five local banks in violation of the regulations, saying that this decision will affect the work of the banking system in general.
The executive director of the Association Abdul Aziz Hassoun told / JD /: that the central bank’s decision to withdraw licenses of five local banks Read more…

Iraqi Dinar/Dollar auction results 2-5-2014

Iraqi Dinar/Dollar auction results 2-5-2014

Currency auction results Announcement No. (2593)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-three and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Wednesday 02.05.2014 and the results were as follows: Read more…

Iraqi Dinar/Dollar auction results 2-4-2014

Iraqi Dinar/Dollar auction results 2-4-2014

Currency auction results Announcement No. (2592)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-two millennia after the sale and purchase of foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 02.04.2014 and the results were as follows: Read more…

Iraqi Dinar/Dollar auction results 2-3-2014

Iraqi Dinar/Dollar auction results 2-3-2014

Currency auction results Announcement No. (2591)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-one and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Monday for the day on 03.02.2014 and the results were as follows: Read more…

CBI Governor: Iraqi Banking System Restructuring to be Complete by end of 2014

CBI Governor: Iraqi Banking System Restructuring to be Complete by end of 2014

03 Feb 2014

CBI has received many applications, by many banks, but so far has not been approved, but the licenses of two foreign banks to operate in the country.
The newspaper quoted the “National” American Abdel Basset Turki, Governor of the Central Bank of Iraq, saying, “We’re going to give approval of the two banks in the region, but not in GCC and will be Read more…

Reduce dollarization enhances confidence in dinars

Reduce dollarization enhances confidence in dinars

3/2/2014 0:00

Baghdad – Mostafa Hashemi
witnessing the domestic market since the eighties and nineties of the last century a decline in confidence in dinars and replacing it in most business dealings internal and external dollars are devoted to the continued existence of this case among the citizens.
, and has contributed to this phenomenon is the emergence of Read more…

Iraqi Dinar/Dollar auction results 2-2-2014

Iraqi Dinar/Dollar auction results 2-2-2014

Currency auction results Announcement No. (2590)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety two thousand to buy and sell foreign currency at the Central Bank of Iraq on Sunday, the day on 02.02.2014 and the results were as follows: Read more…

Yale Grad Trusts in Bank of Baghdad to Help Deliver Returns

Yale Grad Trusts in Bank of Baghdad to Help Deliver Returns

02 Feb 2014

For Grant Felgenhauer, a money manager whose hedge fund owns $110 million of Iraqi equities, the 15 explosions that reverberated across the country in a single day earlier this month weren’t a reason to stop buying.
“The Iraq that is unfolding in Baghdad is not the Iraq you read about in the headlines,” Felgenhauer, a portfolio manager at Euphrates Iraq Fund Ltd., said in a Jan. 16 phone interview from the nation’s capital. “The opportunities offered by Iraqi equities overshadow anything else we see in the world today.”
The Yale University graduate, who formerly traded Read more…

Specialize: the central bank will control the gold market and break the monopoly of traders

Specialize: the central bank will control the gold market and break the monopoly of traders

02.02.2014 (0:01 pm)

BAGHDAD / Acer Jabbar

Counting economists and specialists, that the central bank’s move to sell gold coins to investors and segments of society is the step “a good leader”, stressing that it will work to control the gold market and help support the Iraqi economy, and as pointed out that the increase in demand for buying gold, “indicating a recovery situation of living of the citizens, “stressed that the Iraqi market imports about” 5 tons of gold per month which is the largest amount in Read more…

35 trillion dinars, the volume of cash in circulation

35 trillion dinars, the volume of cash in circulation

2/2/2014 0:00

Selling gold to the citizens aims to be towed
Baghdad – Mostafa Hashemi
longer sell gold bullion to the public of important issues in maintaining the stability of prices and the withdrawal of liquidity from foreign currency amounting to – according to an official – 35 trillion Iraqi dinars and converted into the origins of the precious metal as a measure to curb inflation in Iraq .
was the central bank has decided recently Read more…