CBI INFO & IRAQI DINAR NEWS

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…

Iraqi Dinar/Dollar auction 11-11-13

Iraqi Dinar/Dollar auction 11-11-13

Currency Auctions Announcement No. (2527)

The latest daily currency auction was held in the Central Bank of Iraq on the 11-Nov-2013 the port 12-Nov-2013. The results were as follows:

. Read more…

Iraqi Dinar/Dollar auction 11-10-2013

Iraqi Dinar/Dollar auction 11-10-2013

Currency Auctions Announcement No. (2526)

The latest daily currency auction was held in the Central Bank of Iraq on the 10-Nov-2013. The results were as follows:

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. Read more…

Iraqi Dinar/Dollar auction 11-9-2013

Iraqi Dinar/Dollar auction 11-9-2013

Currency Auctions Announcement No. (2525)

The latest daily currency auction was held in the Central Bank of Iraq on the 9-Nov-2013. The results were as follows:

. Read more…

“Central” contract for the development of electronic payment systems via credit cards and mobile

“Central” contract for the development of electronic payment systems via credit cards and mobile

Saturday, November 9, 2013 16:03

Baghdad / Baghdadi news / .. The Iraqi Central Bank has contracted with a foreign consortium to develop the infrastructure for retail payment systems.
The bank said in a statement received / Baghdadi News / Saturday copy of it that “it is through the pursuit of the Iraqi Central Bank to develop electronic systems that contribute to the activation of banking overall banking system has been the help of the Almighty signing of contract for the Read more…

Iraqi Dinar/Dollar auction 11-7-2013

Iraqi Dinar/Dollar auction 11-7-2013

Currency Auctions Announcement No. (2523)

The latest daily currency auction was held in the Central Bank of Iraq on the 7-Nov-2013. The results were as follows:

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. Read more…

Iraqi Dinar/Dollar auction 11-6-2013

Iraqi Dinar/Dollar auction 11-6-2013

Currency Auctions Announcement No. (2522)

The latest daily currency auction was held in the Central Bank of Iraq on the 6-Nov-2013. The results were as follows:

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. Read more…

Iraqi Dinar/Dollar auction 11-4-2013

Iraqi Dinar/Dollar auction 11-4-2013

Currency Auctions Announcement No. (2521)

The latest daily currency auction was held in the Central Bank of Iraq on the 4-Nov-2013. The results were as follows:

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. Read more…

Expert: application of the Basel standards rise the performance of the Iraqi banks

Expert: application of the Basel standards rise the performance of the Iraqi banks

11/04/2013 12:00 AM

Baghdad – Mostafa Hashemi
counting expert bank standards Basel banking in Iraq from the good things that drive to achieve stability through the creation of fair competition between government and private banks through the services provided by these banks to citizens.
and said banking expert Samir النصيري to apply the terms of the Basel in Iraq Read more…

Iraqi Dinar/Dollar auction 11-3-2013

Iraqi Dinar/Dollar auction 11-3-2013

Currency Auctions Announcement No. (2520)

The latest daily currency auction was held in the Central Bank of Iraq on the 3-Nov-2013. The results were as follows:

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. Read more…

Iraqi Dinar/Dollar auction 11-2-2013

Iraqi Dinar/Dollar auction 11-2-2013

The latest daily currency auction was held in the Central Bank of Iraq on the 2-Nov-2013 and the port on 3-Nov-2013 . The results were as follows:

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. Read more…

The need for currency reform in Iraq

The need for currency reform in Iraq

Posted, 02 Nov 2013

A lot of discussions in Iraq are going on over the need for currency reform so that common citizens of Iraq can save themselves from evils of daily price rise in the commodity market. Moreover, recent disturbances in the US economy have also resulted in fluctuations in the Iraqi dinars. Economic experts and financial committee member of Iraqi government have urged for changing the base currency from the US dollar to some stable currency. On this regard, Chinese currency or Yuan has been Read more…

Central bank sales decline affects the economic situation of the country

A member of the Finance Committee: central bank sales decline affects the economic situation of the country

02-11-2013 11:58 AM

Baghdad (news) .. According to a member of the Finance Committee MP / Kurdistan Alliance / Najiba Najib, the lower central bank sales affect the local situation of economic and regional levels. said Najib (of the Agency news): The low and high central bank sales of the dollar depends on the ratio of supply and demand, indicating that the decline Sales affect the situation of local and regional Iraqi. said: that the central bank does Read more…