CBI INFO & IRAQI DINAR NEWS

New controls for the central bank to sell the dollar and speculators behind the rise in the dollar

Finance parliamentary: new controls for the central bank to sell the dollar and buy speculators behind the rise in the dollar exchange rate

Saturday, May 25 / May 2013 15:36 | | |

{Baghdad: Euphrates News} stressed member of the Finance Committee parliamentary Abdul Hussein al-Yasiri the need to keep the central bank on the exchange rate of the Iraqi dinar against the dollar and puts controls and treatments for benign currency, noting that the purchase of speculators to the dollar by ordinary people was behind the rise in the dollar exchange rate.

Yasiri said in a statement to Agence {Euphrates News} on Saturday that “the reasons for the high price of the dollar against the Iraqi dinar is that the central bank was selling dollars to anyone who Read more…

Finance Committee Member: CBI has new plan to raise the exchange rate of the Iraqi dinar to start in early June

Finance Committee Member: CBI has new plan to raise the exchange rate of the Iraqi dinar to start in early June

5/25/13

Baghdad / Orr News A member of the parliamentary Finance Committee that the central bank told us that he will implement a new plan to raise the value of the Iraqi dinar exchange either the U.S. dollar. Read more…

The central auction sales rise in the Saturday session to go beyond the “287” million

The central auction sales rise in the Saturday session to go beyond the “287” million

Saturday, May 25, 2013 17:27

Baghdad / Baghdadi news / .. Currency auction record at the Central Bank of Iraq, on Saturday, a remarkable increase in the value of sales exceeded the “287” million.
The governor of the central bank and agency Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the value of sales of session auction of the currency in the Iraqi Central Bank amounted to today’s” 287 “million” 868 “thousand dollars,” explaining that ” the number of participating banks in Almzda reached 23 banks. ”
He added that “the value of the quantity sold in cash from the dollar amounted to” 3 “millions and” 850 “thousand dollars, while the value of the quantity sold Khawwalat” 284 “million” 18 “thousand dollars,” noting that “the price of cash sales to the dollar reached” 1179 “dinars, including the commission and the Bank amounting to” 13 “dinars per dollar.” End / 21

albaghdadianews.com

Higher sales of central bank dollar

Higher sales of central bank dollar

05/25/2013 (00:01 pm)

Baghdad / Range

Increased central bank sales of the dollar in the auction sale and purchase of foreign currency yesterday to 282 million and 701 thousand dollars, after it reached yesterday, 252 million and 266 thousand dollars, a stable exchange rate was 1166 dinars per dollar.
The central bank governor said Abdul Basit Turki in a press statement that “the demand for the dollar Read more…

Microsoft is trying to contract with the central bank for the introduction of technology

Microsoft is trying to contract with the central bank for the introduction of technology in the work of local banks

25-05-2013 12:48 PM

Baghdad (news) .. Central Bank of Iraq’s desire Microsoft Corporation to contract with him in the introduction of technological systems banking in the work of local banks. said Director General of the Department of Information Technology at the Central Bank in the forum technological banking which was organized by my company Microsoft and palm leaves under the auspices of the Central Bank and attended by the Agency (news): The Microsoft Corporation Inc. palm leaves have a desire to contract with the Central Bank for the development of the banking system, Read more…

CBI confirms it continues to support the banking activity in accordance with the declared policy

CBI confirms it continues to support the banking activity in accordance with the declared policy

5/24/13

said the Iraqi Central Bank, on Thursday, continuing to support the banking activity in accordance with the policy stated, as called for all relevant parties to avoid irresponsible remarks that do not conform with the facts which it operates. , Read more…

Abdul-Mahdi: capital and confidence of the world in Iraqi Dinars

Abdul-Mahdi: capital and confidence of the world in Iraqi Dinars

Created on Thursday, 23 May 2013 09:31

Baghdad / Orr News

Criticized Vice President Iraq resigned Adel Abdul-Mahdi, and strongly, Iraq’s economic policy, calling it a failure. He warned that the economic playing بتوازنات nature will lead to a “tsunami, desertification and fluctuations do not understand.”

Abdul-Mahdi is a prominent leader of the Supreme Council, led by Ammar al-Hakim, has served as finance minister in the government of Iyad Allawi, to become then vice president before announcing his resignation because of political differences.

Commenting on the high volatility in the exchange rate of the Iraqi dinar against the U.S. dollar, which records since the beginning of last April, wrote Abdul-Mahdi on his profile on the social networking site “Facebook” to “overcrowding and the demand for the greenback (U.S. dollar) is increasing, Read more…

Higher sales of central bank dollar at auction Thursday

Higher sales of central bank dollar at auction Thursday

Thursday, May 23, 2013 16:15

BAGHDAD / Baghdadi News / .. sales rose Iraqi Central Bank of the dollar at an auction sale and purchase of foreign currency on Thursday to 282 million and 701 thousand dollars, after it reached yesterday, 252 million and 266 thousand dollars, a stable exchange rate was 1166 dinars per dollar.
The governor of the Bank Antrzaabd Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the demand for the dollar distributed by Read more…

Bayati: the central bank is not technically ready for the implementation of the project to delete the three zeroes

Bayati: the central bank is not technically ready for the implementation of the project to delete the three zeroes from the currency

23-05-2013 05:00 AM

Baghdad (news) .. Warned a member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, the Central Bank of the implementation of the project to delete the three zeroes from the national currency during the current period that the economic situation in the country is poised to implement the project. Bayati said (of the Agency news): The Central Bank of Iraq Not ready technically and technical implementation of the project Monetary Reform of the national currency by deleting three zeros of them, but can not Read more…

Federal government to have the desire to control the work of the central bank .. This is contrary to the Constitution

Mahma Khalil: the federal government to have the desire to control the work of the central bank .. This is contrary to the Constitution

23-05-2013 02:24 PM

Baghdad (news) .. Affirmed the decision of the Committee of Economy and Investment MP / coalition of Kurdish blocs / Mahma Khalil, said the intervention continued by the federal government make the central bank effect on the exchange rate of the Iraqi dinar against the U.S. dollar. Khelil said (of the Agency news): that the federal government has the desire to encroachment the work of the central bank, although he an independent body responsible Read more…

Common distribution of salaries in hard currency topple dollar

Common distribution of salaries in hard currency topple dollar

Created on Wednesday, 22 May 2013 09:41 | |

Baghdad / Ahmed Yassin

After weeks of high exchange rate of the dollar and bringing to 130 thousand Iraqi dinars, he returned to fall yesterday (Tuesday) to about 125 thousand dinars, which attributed by economists to talk about the pay of employees and retirees in U.S. dollars and the implementation of measures rapid reduction in local markets.

A number of owners of banking offices in the capital Baghdad, said the exchange rate of the U.S. dollar arrived yesterday to 125 900 Iraqi dinars and in some areas to 125.500 dinars in the new phenomenon of the exchange rate Read more…

Finance parliamentary: a small committee to follow up the stability of the exchange rate of the dinar against the dollar

Finance parliamentary: a small committee to follow up the stability of the exchange rate of the dinar against the dollar

5/22/13

Finance Committee announced the formation of a small committee to monitor the exchange rate of the Iraqi dinar against the dollar, stressing that the practical measures undertaken by the central bank last week led to address the problem gradually. Read more…

Visual proposes mechanisms quick to raise the value of the Iraqi dinar

Visual proposes mechanisms quick to raise the value of the Iraqi dinar

22/05/2013 12:00 AM

Exchange rate fluctuations accounted for interest experts
BAGHDAD – شكران Fatlawi
select an economist many reasons behind the fluctuations in the value of the Iraqi currency and economic imbalances structural considering that the exchange rate holds an pivotal role in monetary policy in terms of its use as a target or a tool and as an indicator of the competitiveness of the state through its effect on the components of growth Economic such as investment and the degree of openness to international trade and capital flows and the development of the financial sector.
parallel market,
said Dr.. Kamal Al-Basri’s “morning” that the increased demand for foreign currencies and the weakness of the Read more…

Baghdad is trying to stop the deterioration of the exchange rate of the Iraqi dinar

Baghdad is trying to stop the deterioration of the exchange rate of the Iraqi dinar

May 21, 2013

Preoccupied with the Iraqi capital, Baghdad, since the days of attempts to adjust the exchange rate of the Iraqi dinar against the U.S. dollar, after entered a phase of decline since last April, culminating last weekend. incline exchange rate of the Iraqi dinar against the U.S. dollar in the domestic market during the last week, from 1200 dinars to the dollar one to 1300, increasing the gap between the state’s official price to $ 121 in Iraqi dinars per dollar. and the Central Bank of Iraq sells one dollar for Read more…

Mini parliamentary committee to follow up the stability of the exchange rate of the Iraqi dinar

Mini parliamentary committee to follow up the stability of the exchange rate of the Iraqi dinar against the dollar

Created on Tuesday, 21 May 2013 10:44 | |

Baghdad / Orr News

Finance Committee announced the formation of a committee mini Tata winding of three deputies to control the exchange rate of the Iraqi dinar against the dollar, stressing that the practical measures undertaken by the central bank last week led to address the problem gradually.

A member of the mini-committee Abdul Hussein al-Yasiri The “mini-committee will present its final report end of the month to the Finance Committee on the main obstacles to the auction and the central bank measures to develop the capacity of the Iraqi dinar against the dollar.”

Yassiri added, “CBI action by the Commission will brief closely in the coming days and will provide a detailed report to find out Read more…

Abdul-Mahdi criticizes the consequences of the failure of monetary policy and economic policy indictment

Abdul-Mahdi criticizes download the consequences of the failure of monetary policy and economic policy indictment and arrest people without evidence or evidence

Monday, May 20 / May 2013 18:58 | | |

{Baghdad: Euphrates News}

Criticized the leader of the Supreme Islamic Iraqi Council, Adel Abdul Mahdi “Download successful monetary policy is generally the consequences of failed economic policy in general and the indictment and arrest people first before providing guidelines and evidence.”

He stressed in an article published today and seen Agency {Euphrates News} them, “What has not changed concepts and procedures with the change of regimes they Sttsadm, as is happening now because when he give up on the official exchange rate for the benefit of supply and demand and restrict the conversion only exceptions, to be launched after the provision of related items and when we seek to move to the National economy and a market economy, when you get these shifts, and deprived of strong dinar satiate the need of the dollar, that will Read more…

A significant increase in the value of auction sales of central bank currency

A significant increase in the value of auction sales of central bank currency

Monday, May 20, 2013 17:57

Baghdad / Baghdadi news / .. scored auction sale currency at the Central Bank of Iraq, on Monday, a rise in the value of sales to exceed the “283” million.
He said the province of the Bank and the Agency Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the sales value of the currency auction at the Central Bank stood at today’s Read more…

Temporary dollar crisis

Temporary dollar crisis

05/20/2013 12:00 AM

Baghdad morning
expert described of Samir النصيري financial crisis, the U.S. dollar rise in Iraq as “temporary” and will be remedied soon. He said النصيري in a press statement: The crisis caused by the high exchange rate of the dollar against the Iraqi dinar is the crisis of a temporary, evidence that what was announced by the central bank reserves rose to $ 74 billion, noting that this reserve represents Read more…

Decline of dinar/exchange

Decline of dinar/exchange
5/20/13

Increasing demand and overcrowding on the green paper. The gap between supply and demand can accommodate an impressive 60 months ago 70 million dollars a day .. Vetoldt a black market and سعران of the exchange difference of 8 10%. Read more…

Central Bank criticizes unauthorized statements

Central Bank criticizes unauthorized statements

5/20/13

Management decided the Iraqi Central Bank to open letters of credit on Monday with the agreement of the Rafidain and Rasheed.

The bank said in a statement that “it comes within the orientations to develop a plan for the development of the banking system and increasing sophistication in opening letters of credit.” Read more…