CBI INFO & IRAQI DINAR NEWS

The high proportion of counterfeit currency deposited with the Central Bank

The high proportion of counterfeit currency deposited with the Central Bank

04/01/2014

BAGHDAD / JD / .. Revealed the Finance Committee for the high proportion of counterfeit currency deposited with the central bank, while confirming that the number of banknotes that have been exposed exceeded the 2000 paper out of the 88 million paper.
A member of the Finance Committee MP Magda al-Tamimi told / JD /: the number of leaves counterfeit, according to the report of the Central Bank, amounted to 2301 banknotes out of 88 million Read more…

Iraqi Dinar/Dollar auction results 12-31-2013

Iraqi Dinar/Dollar auction results 12-31-2013

Currency Auctions Announcement No. (2566)

The latest daily currency auction was held in the Central Bank of Iraq on the 31-Dec-2013 results were as follows:

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Auction Central Bank monetary policy threatens to collapse

Auction Central Bank monetary policy threatens to collapse

12/31/2013

Baghdad / Orr News

Warned parliamentary sources familiar with the collapse of the Iraqi monetary policy in light of the continued dollar selling in the auction of the Central Bank, and revealed a blueprint for the continuation of the process of money laundering agreement with American officials through non-recognition of the Iraqi dinar in international transactions.

The sources said that “the financial policy of Iraq at a critical juncture in the light of the growing phenomenon of selling the dollar at the central bank auction to sell the currency,” indicating that “the government is not aware of Read more…

Experts: Delete the zeros project needs to be catalysts for success

Experts: Delete the zeros project needs to be catalysts for success

31/12/2013 0:00

BAGHDAD – Farah pumice – Mustafa al-Hashemi
agreed the views of experts and specialists on the importance of the project to delete the zeros from the currency, despite the objections put up by some of the impact on the market at the moment.
described competent Jihad al-Khalidi delete the zeros step reform, but it will not come to fruition positive is partial unless accompanied by reforms radical other.
also stressed the importance of making changes in the banking system in order Read more…

Iraqi Dinar/Dollar auction 12-30-2013

Iraqi Dinar/Dollar auction 12-30-2013

Currency Auctions Announcement No. (2565)

The latest daily currency auction was held in the Central Bank of Iraq on the 30-Dec-2013 results were as follows:

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Iraqi Dinar/Dollar auction 12-29-2013

Iraqi Dinar/Dollar auction 12-29-2013

Currency Auctions Announcement No. (2564)

The latest daily currency auction was held in the Central Bank of Iraq on the 29-Dec-2013 results were as follows:

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Iraqi Dinar/Dollar auction 12-28-2013

Iraqi Dinar/Dollar auction 12-28-2013

Currency Auctions Announcement No. (2563)

The latest daily currency auction was held in the Central Bank of Iraq on the 28-Dec-2013 results were as follows:

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Iraqi Dinar/Dollar auction 12-26-2013

Iraqi Dinar/Dollar auction 12-26-2013

Currency Auctions Announcement No. (2562)

The latest daily currency auction was held in the Central Bank of Iraq on the 26-Dec-2013 results were as follows:

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Finance Committee exclude the application of the project to delete the three zeroes through the next two years

Finance Committee exclude the application of the project to delete the three zeroes through the next two years

26-12-2013 08:51 AM

Baghdad (news) .. Excluded the parliamentary Finance Committee application project to delete the three zeroes from the currency during the next two years because it would cause confusion for the Iraqi economy and increasing inflation rates of the country ‘by Ray Committee’. said Committee Vice Chairman Ahmed Faizullah (of the Agency news): The implementation of the project to delete the three zeroes from the currency During the current period would cause Read more…

Bank of International Settlements accepts additional deposits from Iraq

Bank of International Settlements accepts additional deposits from Iraq

Posted, 24 Dec 2013

The Central Bank of Iraq announced on Sunday that it has received a memo from the Bank of International Settlements BIS in Basel Switzerland in which it announced that it will accept more deposits from Iraq. The BIS considered that this procedure will bring better revenues for the Iraqi money.

“The Central Bank has received a memo from the Bank of International Read more…

Iraqi Dinar/Dollar auction 12-23-2013

Iraqi Dinar/Dollar auction 12-23-2013

Currency Auctions Announcement No. (2561)

The latest daily currency auction was held in the Central Bank of Iraq on the 23-Dec-2013 results were as follows:

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About the issuance of a new Iraqi currency .. Soon

About the issuance of a new Iraqi currency .. Soon

Posted, 12/23/2013

BAGHDAD / Golden safe

CBI seeks to delete three zeros from the Iraqi currency since 2003. A project that raises many concerns on the street level and the business community of Iraq, and it seems economists are divided between supporters of the project see it as an opportunity to reduce the rates of inflation and unemployment, among forewarned of economic shocks may dominate the Iraqi market due to the application of this project.

The delayed implementation of the project after Read more…

Deletion of zeros from Iraqi Dinar is Postponed

Deletion of zeros from Iraqi Dinar is Postponed

Posted, 23 Dec 2013

Parliamentary Finance Committee announced that “the reason for postponing of the zeroes deletion from IQD is due to difficulty of controlling the currency, pointing to the presence of nearly 35 trillion IQDs in circulation in market.

Committee Chairman Haider al-Abadi said that “the government has no confidence in Iraqi Central Bank’s ability of Read more…

Iraqi Dinar/Dollar auction 12-22-13

Iraqi Dinar/Dollar auction 12-22-13

Currency Auctions Announcement No. (2560)

The latest daily currency auction was held in the Central Bank of Iraq on the 22-Dec-2013. results were as follows:

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Iraqi Dinar/Dollar auction 12-21-13

Iraqi Dinar/Dollar auction 12-21-13

Currency Auctions Announcement No. (2559)

The latest daily currency auction was held in the Central Bank of Iraq on the 21-Dec-2013 port on 22-Dec-2013 results were as follows:

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Project raise zeros from the currency early in 2015

A member of the parliamentary economy is expected to work the project raise zeros from the currency early in 2015

Sunday, 22  December 2013 07:30

[Baghdad – where]

Expect a member of the Committee on the economy and investment parliamentary Aziz Sharif Mayahi work project raise zeros from the local currency in early 2015.

It is said that the CBI has been teaching for more than two years, the issue of lifting the zeros from the Iraqi currency, but so far Read more…

Central Bank receives notice from the Bank for International Settlements in Basel to accept deposits Iraq

Central Bank receives notice from the Bank for International Settlements in Basel to accept deposits Iraq

22-12-2013 01:47 PM

Baghdad (news) .. received the CBI notice from the Bank for International Settlements in Basel, expressed through it is ready to accept more deposits Iraq has within the budget of the BIS in 2014. According to a statement of the Central Bank received the Agency (news) copy of it: The Central Bank Iraqi received a notice from the Bank for International Settlements in Basel Read more…

Chenkali: political parties and terrorist behind the money laundering operations

Chenkali: political parties and terrorist behind the money laundering operations

21-12-2013 11:33 AM

Baghdad (news) .. According to a member of the Committee on Economy and Investment parliamentary MP / Kurdistan Alliance / Jassim Chenkali, the existence of political parties and armed groups conducting money laundering service for their personal interests. said Chenkali (of the Agency news): The deterioration of the security and political situation and the spread of financial and administrative corruption the most important reasons for the spread of laundering operations money, noting that the fluctuation of the exchange rate of the Iraqi dinar in Read more…

Specialist: local banks have contributed to the stability of the exchange rate of the dinar against the dollar

Specialist: local banks have contributed to the stability of the exchange rate of the dinar against the dollar

20-12-2013 07:59 AM

Baghdad (news) .. He attributed the Executive Director of the Association of private banks Aziz Hassoun, the cause of the fluctuation of the exchange rate of the Iraqi dinar against the U.S. dollar to increase the demand for the purchase of hard currency in the local market. said Hassoun (of the Agency news): that the local banks to not bear the responsibility of the oscillation winning currency exchange rate, but the opposite It contributed to Read more…

Iraqi Dinar/Dollar auction 12-19-2013

Iraqi Dinar/Dollar auction 12-19-2013

Currency Auctions Announcement No. (2558)

The latest daily currency auction was held in the Central Bank of Iraq on the 19-Dec-2013. results were as follows:

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