CBI INFO & IRAQI DINAR NEWS

Iraqi Dinar/Dollar auction 11-21-2013

Iraqi Dinar/Dollar auction 11-21-2013

Currency Auctions Announcement No. (2534)

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

. Read more…

Experts: reduce the effects of the parallel market contributes to the stability of the exchange rate

Experts: reduce the effects of the parallel market contributes to the stability of the exchange rate

11/20/2013 12:00 AM

They called to reconsider granting leave enter currency auction
Baghdad – Mostafa Hashemi
confirms experts and specialists need to reduce the effects of the parallel market to stabilize the market and the exchange rate of the dollar against the Iraqi dinar, pointing to the importance of maintaining the experiences of economic participation in the auction currency effects of the parallel market
in this context called economic expert, Dr. Mohammed Saleh Read more…

Ruled out the project to delete the zeros of the national currency in April

Ruled out the project to delete the zeros of the national currency in April

Parliament exclude financial deletion of zeros currency next year

11/20/2013 12:00 AM

BAGHDAD – Shaima Rashid
ruled out of the Finance Committee that is applied to the project to delete the zeros of the national currency in April next, especially since the central bank did not announce its readiness to this topic yet.
This comes at a time revealed the economic sources of the existence lingered by the prime minister in this regard.
Member Finance Committee in the House of Representatives Najiba Najib, threw the ball in the court of the Central Bank, saying “that the central bank is Read more…

Parliament exclude financial deletion of zeros currency next year

Parliament exclude financial deletion of zeros currency next year

11/20/2013 12:00 AM

BAGHDAD – Shaima Rashid
confirmed the Finance Committee in the House of Representatives that the implementation of the project to delete the zeros from the currency Pat is not possible during the next year, especially since the central bank is not ready for this thing and left his efforts during this year to support the Iraqi dinar against international currencies. At this point, revealed adviser Read more…

Iraqi Dinar/Dollar auction 11-19-2013

Iraqi Dinar/Dollar auction 11-19-2013

Currency Auctions Announcement No. (2533)

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

. Read more…

Finance Committee exclude the implementation of the project to delete the three zeroes from the currency early next year

Finance Committee exclude the implementation of the project to delete the three zeroes from the currency early next year

19-11-2013 05:05 AM

Baghdad (news) .. I exclude a member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, an application project to delete the three zeroes from the national currency in 2014, indicating that the current administration of the central bank believes the time is not suitable for implementation of the project. Yasiri said (of the Agency news): that of its parliamentary When I asked the previous administration of the Central Bank Read more…

Iraqi Dinar/Dollar auction 11-18-13

Iraqi Dinar/Dollar auction 11-18-13

Currency Auctions Announcement No. (2532)

The latest daily currency auction was held in the Central Bank of Iraq on the18-Nov-2013.The results were as follows:

. Read more…

Raise zeros from the beginning of 2014 Iraqi dinar

Raise zeros from the beginning of 2014 Iraqi dinar

Posted, 11/18/2013

Palm – told the Iraqi Central Bank, the Finance Committee in the House of Representatives that he will try to raise zeros from the currency beginning in 2014.

A member of the Committee Abdul Hussein al-Yasiri that “the application of the decision to lift the zeros, will contribute significantly to reducing the monetary blocs to quarter, which coincides with the increase in the value of the Iraqi dinar.”

He explained that Read more…

Iraqi Dinar/Dollar auction 11-17-2013

Iraqi Dinar/Dollar auction 11-17-2013

Currency Auctions Announcement No. (2531)

The latest daily currency auction was held in the Central Bank of Iraq on the 17-Nov-2013.The results were as follows:

. Read more…

Raise zeros from the Iraqi dinar currency strengthens and raises the value of dinar

Economic parliamentary: raise zeros from the Iraqi dinar currency strengthens and raises the value of dinar

11/17/2013 11:35

Tomorrow Press / Baghdad: Take a member of the Economic Commission parliamentary MP Hassan Salman, Sunday, that the process of lifting the zeros from the Iraqi dinar currency will strengthen the dinar and raise its value, stressing that the process will be completed during 2015. said Salman for “tomorrow Press,” that “there are countries fought a process raise zeros and achieved success on the economic side, “adding that” raise the value of the zeros from the Iraqi Read more…

Central Bank has submitted to the Finance Committee raise zeros currency beginning of 2014

Central Bank has submitted to the Finance Committee raise zeros currency beginning of 2014

13:00 17/11/2013

Baghdad – and babysit – told the Iraqi Central Bank, the Finance Committee in the House of Representatives that he will try to raise zeros from the currency beginning in 2014.
Said committee member Abdul Hussein al-Yasiri in a press statement that “the application of the decision to lift the zeros, will contribute significantly to reducing the monetary blocs to quarter, which coincides with the increase in the value of the Iraqi dinar.”

He explained that “the Central Bank informed that Read more…

Central negate the restructuring of the Iraqi dinar currency and deleting three zeros in 2014

Central negate the restructuring of the Iraqi dinar currency and deleting three zeros in 2014

19:36 17/11/2013

Baghdad – and babysit – denied the CBI, what some of the media, about the timing of the direct project restructuring of the Iraqi currency and deleting three zeros of them, stressing that such timing is Matrouh now that this project is in coordination with the government and related institutions.
A statement of the Central Bank, the news Read more…

The issuance of local currency bonds will improve the value of the Iraqi dinar

Najiba Najib: the issuance of local currency bonds will improve the value of the Iraqi dinar

17-11-2013 12:43 PM

Baghdad (news) .. Confirmed a member of the Finance Committee MP / Kurdistan Alliance / Najiba Najib, that measures the Central Bank of the new issue bonds in Iraqi dinars within the political bank to improve the value of the Iraqi dinar currency against other currencies. said Najib (of the Agency news): The central bank bills previously unknown were in foreign currency, so the bank to issue bonds in Iraqi dinars to not Read more…

Iraqi Dinar/Dollar auction 11-16-2013

Iraqi Dinar/Dollar auction 11-16-2013

Currency Auctions Announcement No. (2530)

The latest daily currency auction was held in the Central Bank of Iraq on the16-Nov-2013.The results were as follows:

. Read more…

Economic center is proposed to invest part of the monetary reserves of foreign currency

Economic center is proposed to invest part of the monetary reserves of foreign currency within the Guaranteed investment Bags

16-11-2013 10:25 AM

Baghdad (news) .. President proposed Media Center Economic Dergham Mohammed Ali, invest part of the monetary reserves of foreign currency at the Central Bank within the bags Guaranteed investment to support investment projects in the country. said Mohammed Ali (of the Agency news): The investment of the cash reserve must be in bags Guaranteed investment guarantee non- prejudice reserves cash for the central bank and introduced within the investment budget. continued: Being ستستنفذ these Read more…

The Exchange Rate of Foreign Currency in Economic Feasibility Studies

The Exchange Rate of Foreign Currency in Economic Feasibility Studies

Posted 11-14-2013,  no date was given for when this was written.

Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million Iraqi dinars.

Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities.

Estimate the shadow price of foreign currency: Read more…

Iraqi Dinar/Dollar auction 11-13-13

Iraqi Dinar/Dollar auction 11-13-13

Currency Auctions Announcement No. (2529)

The latest daily currency auction was held in the Central Bank of Iraq on the 13-Nov-2013.The results were as follows: Read more…

Central Bank plans to issue bonds in local currency for the first time since 2003

Central Bank plans to issue bonds in local currency for the first time since 2003

13/11/2013 20:59

The central bank governor said that the first tranche of bonds is expected to be worth three billion Iraqi dinars

BAGHDAD / obelisk: Abdul Basit Turki Iraqi Central Bank Governor on Tuesday that Iraq plans to issue bonds in local currency for the first time since the overthrow of Saddam Hussein, which would allow the country’s new tool of monetary policy.
said Turki on the sidelines of a conference in Geneva that the first Read more…

Central Bank Governor participate in the conference on “UNCTAD” in Geneva

Central Bank Governor participate in the conference on “UNCTAD” in Geneva

11/13/2013 11:18

Tomorrow Press / Baghdad: Ninth Conference nominated for Debt Management held in Switzerland, “UNCTAD” Chairman of the Board of Supreme Audit and Central Bank Governor Abdul Basit Turki his presidency with the participation of 127 countries around the world.
The governor of the central bank and agency Abdul Basit Turki said by telephone from Geneva, Wednesday, for “tomorrow’s Press,” that “Iraq participates in the Ninth Conference of the Debt Management Conference in Geneva with the Read more…

Iraqi Dinar/Dollar auction 11-12-13

Iraqi Dinar/Dollar auction 11-12-13

Currency Auctions Announcement No. (2528)

The latest daily currency auction was held in the Central Bank of Iraq on the12-Nov-2013. The results were as follows:

. Read more…