CBI INFO & IRAQI DINAR NEWS

Central Bank of Iraq expresses its encouragement for the foreign banks

Central Bank of Iraq expresses its encouragement for the foreign banks

9.12.13

On this Monday, the Iraqi Central Bank (CBI) has taken some measures to revitalize the 19 foreign banks operating in Iraq. This action is supposed to rejuvenate the overall banking sector of the country. Also, it has to be noted that this will encourage the emerging foreign banks in Iraq in near future. Read more…

Committee has been formed by Council of Ministers for unifying USD price

Committee has been formed by Council of Ministers for unifying USD price

12 Sep 2013

The Secretariat General of the Council of Ministers formed a committee that is working on identifying the price of the US dollar in return of Iraqi dinar for all purposes.
In a statement, the Secretariat General of the Council of Ministers stated, “The formed committee will be chaired by the Deputy Chairman of the Central Bank of Iraq and the membership of the Secretaries of Ministry of Finance and Ministry of Planning as well as the Acting Director of the Supreme Council of Audit.”

iraqdirectory.com

Finance committee member stressed passing law for deleting zeros

Finance committee member stressed passing law for deleting zeros

12 Sep 2013

A finance committee member of Iraq stated that a law for omitting zeros from Iraqi currencies should be passed in order to confront the issues like debt and money frozen.
Finance Committee deputy secretary, Mr. Hadi stated further that the law should be passed as soon as possible to overcome some serious financial issues within the country.
He remarked, “The project to delete the zeros is in frozen state now and Read more…

Sami al-Askari: Never put a picture Maliki suggested on currency

Sami al-Askari: Never put a picture Maliki suggested on currency

Thursday, September 12, 2013 15:52

Baghdad / Baghdadi news / .. Denied MP for the coalition of state law, Sami al-Askari, Thursday, to be proposed to put a picture of Prime Minister Nuri al-Maliki, the Iraqi currency.
Askari said yet on the social networking site “Facebook” and seen by / Baghdadi News /, that “some websites and a section of the media, which traditionally industry lies and News fabricated deliberated during the past few days, the statements Read more…

Lower central bank sales of the dollar in the auction today 9-12-13

Thursday, September 12 / September 2013 14:28

[Baghdad – where]

Central Bank announced on Thursday lower sales of the dollar in the daily public auction to $ 128 million after it reached on Wednesday of $ 195 million.

According to a statement of the bank has received all of Iraq [where] a copy of it today that “the size of the amount sold by the bank at the auction of the dollar today reached Read more…

The central bank to achieve its oversight role on the banking companies

12/09/2013 12:00 AM

Having competed with private banks in the auction currency
Baghdad – Mostafa Hashemi
counting are interested in economic affairs activating the role of the central bank oversight to the work of companies to mediate in the sale of currency, banking and financial transfer of the things that achieve stability in the exchange rate, as well as the stability of the domestic market, and confirmed specialists and academics that the Central Bank of Iraq has Read more…

Iraqi dinar currency difficult international

Iraqi dinar currency difficult international

9.11.13

The parliamentary Finance Committee said Haidar Al-Abadi said the coming weeks will see more improvement in the value of the dinar against the dollar which will enhance the confidence of the world. “ Read more…

Finance parliamentary commends the efforts of the central bank to raise the value of the dinar

Finance parliamentary commends the efforts of the central bank to raise the value of the dinar

9.11.13

Praised the Finance Committee parliamentary elections, the considerable efforts made ​​by the central bank to raise the value of the Iraqi dinar against the U.S. dollar. Read more…

Ahmed Bureihi the hot candidate for the post of governor of the Central Bank

Ahmed Bureihi the hot candidate for the post of governor of the Central Bank

09/11/2013 (00:01 pm)

BAGHDAD / agencies

A source familiar with that Dr. Ahmed Bureihi of the most important candidates for the position of Governor of Central Bank of Iraq, rather than the conservative current Abdul Basit Turki, who assumed that position the agency for nearly a full year, as well as his basis president of the BSA. The press sources said the Iraqi Central Bank Governor agency Abdul Basit Turki had submitted his resignation to Prime Minister Nuri al-Maliki “because of not being able to manage work at the Central Bank and the Office of Financial Supervision.”
The sources pointed out that Read more…

Lower central bank sales of the dollar in the auction today 9-11-13

Lower central bank sales of the dollar in the auction today 9-11-13

Wednesday, September 11 / September 2013 14:57

[Baghdad – where]

Central Bank announced on Wednesday reduced sales of the dollar in the daily public auction to $ 195 million, after being hit on Tuesday, 238 million and 217 thousand dollars.

According to a statement of the bank has received all of Iraq [where] a copy of it today that “the size of the amount sold by the bank at the auction of the dollar today reached Read more…

Tight monetary policy and an effective means in the stability of the exchange market

Appendix: tight monetary policy and an effective means in the stability of the exchange market

09/11/2013 12:00 AM

BAGHDAD – Hussein ثغب Tamimi
counting specialist affairs, banking and financial tight monetary policy adopted by the Central Bank of Iraq contribute to reducing the phenomenon of dollarization is peppered the real value of the Iraqi dinar and restored.
said competent Samir النصيري in an interview (morning) that the strategic objectives it seeks to achieve the central aim to achieve monetary stability and price and then achieve Read more…

Formation of a committee to develop a mechanism to unify the exchange rate for contracts

Formation of a committee to develop a mechanism to unify the exchange rate for contracts

9.10.13

Formed the General Secretariat of the Council of Ministers of a committee to develop a mechanism for determining the exchange rate for contracts for all purposes. Read more…

CoM forms committee to unify USD price

CoM forms committee to unify USD price

9.10.13

Baghdad (AIN) –The Secretariat General of the Council of Ministers formed a committee that assumes identifying the price of the US dollar in return of Iraqi dinar for all purposes. Read more…

Parliament refuses to put a picture-Maliki on the new banknotes

Parliament refuses to put a picture-Maliki on the new banknotes

10/09/2013

Palm – Parliamentary Finance Committee confirmed that put a picture of Iraqi Prime Minister Nuri al-Maliki on the new paper currency is elusive.

The MP said Jaber Al Jabri said the Iraqi Central Bank is responsible for formulating policies and determine the features of Banknotes new mechanisms for selecting the images printed on them and keep it traditional or historical with Read more…

Lower central bank sales in the auction today 9-10-13

Lower central bank sales in the auction today 9-10-13

Tuesday, September 10 / September 2013 14:46

[Baghdad – where]

Central Bank announced on Tuesday reduced sales of the dollar in the daily public auction to $ 238 million, after being hit on Monday 282 million and 989 thousand dollars.

According to a statement of the bank has received all of Iraq [where] a copy of it today that “the size of the amount sold by the bank at the auction of the dollar today reached Read more…

The coming weeks will see an improvement in the value of the Iraqi dinar

Finance parliamentary: the coming weeks will see an improvement in the value of the Iraqi dinar against the dollar

09/09/2013

BAGHDAD / News: suggested the parliamentary Finance Committee on Monday, to witness the coming weeks, an improvement over the value of the Iraqi dinar against the dollar, noting that the monetary policy pursued by the Central Bank have had a significant impact in this improvement.

Chairman of the Committee said Haider al-Abadi said in an exclusive interview with the agency “News” that “the Iraqi dinar is witnessing these days a relatively improved its value against the U.S. dollar and the evidence provides some Arab and foreign countries wish to deal with the Iraqi dinar.”

Abadi said that “the new monetary policy pursued by the central bank had a very large impact on the improved value of the Iraqi dinar, which reflected Read more…

Deputy calls for printed images of Maliki on the new Iraqi dinar currency!!

Deputy calls for printed images of Maliki on the new Iraqi dinar currency!!

Date: Monday 09/09/2013 03:17 pm

Called a member of a coalition of state law, Sami al-Askari, the Iraqis out a demonstration in favor of the survival of Prime Minister Nuri al-Maliki, in office for a third term, recalling the great achievements made in his reign,
The military said in a press statement followed our correspondent that al-Maliki of the best of the judgment of Iraq, pointing Read more…

Parliamentary Integrity denies resignation of the Governor of the Central Bank

Parliamentary Integrity denies resignation of the Governor of the Central Bank

Monday, September 9, 2013 19:11

Baghdad / Baghdadi news / .. Denied the Parliamentary Integrity Committee, on Monday, the resignation of central bank governor and Abdul Basit Turki agency from office.
A member of the Committee Deputy High Nassif told / Baghdadi News /, it “had made contacts with the Central Bank confirmed its survival conservative Agency Abdul Basit Turki in office,” noting that the Read more…

High central bank sales in the auction today 9-9-13

High central bank sales in the auction today 9-9-13

Monday, 09 September / September 2013 14:13

[Baghdad – where]

Central Bank announced on Monday its sales rise of the dollar in the daily public auction to $ 282 million, after Sunday reached 278 million and 156 thousand dollars.

According to a statement of the bank has Read more…

The need for passing a law to delete the three zeroes from the Iraqi Dinar

Amin Hadi: The need for passing a law to delete the three zeroes from the Iraqi Dinar

09-09-2013 10:32 AM

Baghdad (news) .. A member of the Finance Committee deputy secretary-Hadi, the need for passing a law to delete the three zeroes from the currency so as to its importance in banking transactions. said Hadi (of the Agency news): The project to delete the zeros frozen now and cons of approval is launched without Read more…