CBI INFO & IRAQI DINAR NEWS

Where statistics: a significant decline in sales of central bank dollar auction

Where statistics: a significant decline in sales of central bank dollar auction

Friday, October 01, 2 / November 2013 08:36

[Baghdad – where]

In statistical prepared and all of Iraq [where] that dollar sales at the central bank auction fell by a large margin in the last month of October sales for the previous two months of September and father.

The total dollar sales in the last month of October

Two billion and 191 million and 456 thousand dollars, while sales Read more…

Iraqi Dinar/Dollar auction 10-31-13

Iraqi Dinar/Dollar auction 10-31-13

Currency Auctions Announcement No. (2518)

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

. Read more…

Senior banker: the high exchange rate of the dollar against the Iraqi dinar

Senior banker: the high exchange rate of the dollar against the Iraqi dinar affects the operation of the country’s economic

31-10-2013 12:34 PM

Baghdad (news) .. Said banking expert Majid picture, the fluctuation of exchange rate of the U.S. dollar affects the economic process as a whole, because of the interdependence between the Iraqi economy and the dollar. said Suri (of the Agency news): The rise and fall in the U.S. dollar exchange rate adversely affect the Iraqi economy, because of all exports and Read more…

Iraqi Dinar/Dollar auction 10-30-13

Iraqi Dinar/Dollar auction 10-30-13

Currency Auctions Announcement No. (2517)

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

.

. Read more…

Cancellation of zeros dinar

Cancellation of zeros dinar .. And the release of prisoners of the Central Bank

Posted, Adel Abdul-Mahdi – 10/29/2013 – 10:36 pm

Could the central bank since 2003, raising precautions from bankruptcy and debt to more than 80 billion dollars. And was able to achieve the objectives assigned to it and essentially constant currency and control inflation ..

Dropped the price of the dollar from 1500 dinars to the dollar in the (2003) to (1166) .. Any citizen achieved (23%) Zaardh on income that was received by .. Inflation fell foundation year and inflation of about (75%) .. And Read more…

Iraqi Dinar/Dollar auction 10-29

Iraqi Dinar/Dollar auction 10-29

Currency Auctions Announcement No. (2516)

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

.

. Read more…

FINANCE COMMITTEE MEMBER IN IRAQ URGED FOR SUPPORTING THE STABILITY OF IRAQI DINARS

FINANCE COMMITTEE MEMBER IN IRAQ URGED FOR SUPPORTING THE STABILITY OF IRAQI DINARS

Posted, 29 Oct 2013

The member of the Finance Committee, MP of the Kurdistan Alliance, Dlair Qadir called the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the Iraqi dinar exchange rate against the U.S. dollar.
He opined that the central bank of Iraq should fulfill the pending demands for setting up a mechanism that will Read more…

Iraqi Dinar/Dollar auction 10-28

Iraqi Dinar/Dollar auction 10-28

Currency Auctions Announcement No. (2515)

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

.

. Read more…

The decision to raise banks’ capital and true integration is the best solution

The decision to raise banks’ capital and true integration is the best solution

10/28/2013 12:00 AM

President of JSC «morning»:
Baghdad morning
put specialists proposal contributes to the increase of capital of private banks, through a merger with each other to form the banks giant be a base sober for investors.
Chairman of the Securities Commission, Dr. Abdul Razzaq al-Saadi said in a statement (morning): “The central bank’s decision, which was issued two years ago to increase the capital of private banks is the right decision, and to encourage them to Read more…

Need to facilitate the procedures for the sale of hard currency to support the stability of the Iraqi dinar

Member parliamentary Finance: the need to facilitate the procedures for the sale of hard currency to support the stability of the Iraqi dinar exchange rate

Posted, 28-10-2013 05:06 AM

Baghdad (news) .. The member of the Finance Committee MP / Kurdistan Alliance / Dler capable of, the Central Bank of the need to facilitate the procedures for the sale of hard currency for citizens and banking companies to support the Iraqi dinar exchange rate against the U.S. dollar. said is capable (of the Agency news): The Central Bank Read more…

Association of private banks refuse to establish a body on the private banking sector

Association of private banks refuse to establish a body on the private banking sector

28-10-2013 10:33 AM

Baghdad (news) .. Rejected the Association of private banks create the concerned sector, banking sector, saying it will not be able to end the problems of the banking sector, but ستزيدها additional burden. said Executive Director of the Association Abdul Aziz Hassoun (of the Agency news): that the private banking sector directly linked to the Central Bank and there is no problems between Read more…

Iraqi Dinar/Dollar auction 10-26

Iraqi Dinar/Dollar auction 10-26

Currency Auctions Announcement No. (2513)

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

. Read more…

Experts: civil oblige banks to increase its capital without opening the wrong decision constraints

Experts: civil oblige banks to increase its capital without opening the wrong decision constraints

10/26/2013 12:00 AM

Wondered about the reasons for the failure to extend the government banks decision
Baghdad – Mostafa Hashemi – * شكران Fatlawi
saw experts and specialists in economic affairs that the central bank’s decision excluding the 12 banks waged from the auction currency and deprive it of cash sales, transfers and appropriations would open the door to the parallel market to emerge and retreat of the real role of banks civil serious in the search for a banking partnership with the world’s largest banks. While others Read more…

The recession happening in the stock market will affect the exchange rate of the Iraqi dinar

The Parliamentary Committee on the economy: the recession happening in the stock market will affect the exchange rate of the Iraqi dinar

26-10-2013 05:49 AM

Baghdad (news) .. Warned of the economic and investment commission parliamentary impact of recession happening in the Iraqi market for securities on the monetary policy of the central bank in terms of the low exchange rate of the Iraqi dinar against the U.S. dollar. said the Commission’s decision MP Mahma Khalil (of the Agency news): The recovery of the stock market needs to Read more…

Senior banker: fraud currency will weaken the purchasing power of the Iraqi dinar

Senior banker: fraud currency will weaken the purchasing power of the Iraqi dinar

26-10-2013 09:27 AM

Baghdad (news) .. Said banking expert wholesome Elias Abbou, if fraud currency negatively affect the Iraqi economy, and undermine the confidence of citizens while dealing with any currency. said Abbou (of the Agency news): The process of forging currency will affect the Iraqi economy and the value of the Iraqi dinar currency and in turn will lead to Read more…

Expert: the use of electronic systems, financial transactions will reduce paper currency

Expert: the use of electronic systems, financial transactions will reduce paper currency exposure to damage and theft

25-10-2013 07:21 AM

Baghdad (news) .. Said economist Dergham Mohammed Ali, the importance of using electronic systems financial transactions, to reduce the use of paper currency prone to damage and theft. said Mohammed Ali (of the Agency news): The electronic systems of the best ways applicable universally being reduced from dealing currency paper prone to theft and damage, Indicating possible to be used to pay large sums of money that Read more…

BANKING EXPERT URGES FOR STRENGTHENING IRAQI DINAR – NOT JUST LOCALLY BUT GLOBALLY

BANKING EXPERT URGES FOR STRENGTHENING IRAQI DINAR – NOT JUST LOCALLY BUT GLOBALLY

24 Oct 2013

Majid Al Suri, Iraqi banking expert, opined that Iraqi dinars should be strengthened and turned it into a currency is possible to deal at the international level, not just local.
He further remarked, “The local and international situations inappropriate disengagement of the Iraqi dinar to the US dollar, ruling out the success of the disengagement of the Iraqi dinar to the dollar being tied to the global system and Read more…

IRAQI ECONOMISTS SAY, “CAN’T UNLINK USD FROM IQD”

IRAQI ECONOMISTS SAY, “CAN’T UNLINK USD FROM IQD”

Posted, 24 Oct 2013

Apart from the US shut down crisis, there is another crisis that is shaping up in America, regarding its economic position. The debt ceiling of the US government has reached to new height to record levels reached 17 trillion dollars, an amount much difficult in the absence of indicators of recovery of the US economy, threaten new economic crises threatening the dollar.

In a press release, the economic information center stated that Read more…

Iraqi Dinar/Dollar auction 10-24

Iraqi Dinar/Dollar auction 10-24

High central bank sales of the dollar in the auction today

15:26 10/24/2013

Baghdad – and babysit – increased central bank sales of the dollar in the auction Thursday for more than $ 166 million after it was Wednesday’s $ 163 million.
According to a statement of the bank received a copy of public opinion that “the size of the amount sold by the bank at the auction of the dollar today reached Read more…

The exclusion of 12 banks waged daily currency auction

The exclusion of 12 banks waged daily currency auction

10/24/2013 12:00 AM

Experts warned of the acquisition banking companies by
Baghdad – Mostafa Hashemi – شكران Fatlawi
varied views of specialists in economic affairs around the central bank’s decision excluding 12 out of 32 banks waged from the auction currency for not achieving increased their capital to 250 billion Iraqi dinars within the period set by the Bank For those banks, regarding an Read more…