CBI INFO & IRAQI DINAR NEWS

Central bank: the deficit in the current year budget is not illusory but planned

Central bank: the deficit in the current year budget is not illusory but planned

07-05-2013 11:35 AM

Baghdad (news) .. take the central bank governor Agency Abdul Basit Turki, said that the deficit recorded in each balancing federal is not a deficit placebo, but planned for the future. said a Turkish reporter Agency (news): The Iraqi budget and since 2003, so far issued disability scheme and ending with a surplus fact except for the 2009 budget, noting that the Central Bank in particular, and the government generally hopes to Read more…

The central auction sales in excess of $ 200 million at today’s meeting

The central auction sales in excess of $ 200 million at today’s meeting

Monday, May 6, 2013 18:13

Baghdad / Baghdadi news / .. auction sales exceeded sell the currency at the central bank, on Monday, the “200” million.
He said the province 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 sales value of the currency auction at the Central Bank reached during today’s session,” 204 “million” 988 “thousand dollars,” explaining that “the number of banks Read more…

The central auction sales rise beyond the “195” million dollars at today’s meeting

The central auction sales rise beyond the “195” million dollars at today’s meeting

Sunday, May 5, 2013 17:08

Baghdad / Baghdadi news / .. scored auction sale currency at the central bank, on Sunday, increased the value of sales to exceed the “195” 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 central bank auction at today’s meeting amounted to” 195 “million” 381 “thousand Read more…

Iraq.. The dollar “Tair” Accelerator cannot hold a Central Bank

Iraq.. The dollar “Tair” Accelerator cannot hold a Central Bank

5/4/13

Baghdad (News)/report/… Actions taken by the Central Bank stood powerless to maintain the exchange rate of the dollar to dinar, with the panting citizens daily to buy the dollar, which could be economic and political implications, (News Agency) discussed the phenomenon with experts in this field. Read more…

Finance Committee Member: the process of switching the currency when you delete the three zeroes which do not need to legislate law

Finance Committee Member: the process of switching the currency when you delete the three zeroes which do not need to legislate law

5/3/13

Baghdad (news) .. Said a member of the Finance Committee MP / coalition of Kurdish blocs / Najiba Najib, that the process of switching the national currency when you delete the three zeroes which does not need to enact the law by the House of Representatives, but the instructions issued by the central bank. Read more…

Central sales continue to fall for the second day in a row

Central sales continue to fall for the second day in a row

Thursday, May 2, 2013 16:14

Baghdad / Baghdadi news / .. continued to sell the currency auction at the Central Bank, on Thursday, the low value of sales for the second day in a row.
He said the province 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 sales value of the currency auction reached at today’s meeting” 146 “million” 985 “thousand dollars,” explaining that Read more…

Economic center: invest part of the reserves of the Central Bank in local projects is a major economic risk

Economic center: invest part of the reserves of the Central Bank in local projects is a major economic risk

02-05-2013 11:18 AM

Baghdad (news) .. Warned Prime Media Center Economic Dergham Mohammed Ali, invest part of the reserves, the central bank of foreign currency in local projects within the country, because it is the risk of a major on the economic situation in the country. said Mohammed Ali (of the Agency news): The foreign reserves of the currency at the Central Bank is an asset for an emergency on the one hand and also cover the local currency on the other and cover longer reliable international and Read more…

The central auction sales fall to 150 million at today’s meeting

The central auction sales fall to 150 million at today’s meeting

Tuesday, April 30, 2013 15:18

Baghdad / Baghdadi news / .. scored auction sale currency at the central bank, on Tuesday, a decline in the value of sales, compared to sales yesterday.
The bank governor said Abdul Basit Turki said in a statement taken by his press office received / Baghdadi news / “The central bank auction sales reached in today’s Geslh” 150 “million” 642 “thousand dollars, with the participation of 27 banks.”
He added that “the value of the quantity sold in cash from the dollar amounted Read more…

Specialists: Inventory sell the currency on the one hand indicates the presence of myopia in the management of fiscal policy

Specialists: Inventory sell the currency on the one hand indicates the presence of myopia in the management of fiscal policy

04/29/2013 (23:01 pm)

BAGHDAD / tributary cactus

See specialists in financial affairs that the sale of hard currency from the Rasheed Bank only has scientific basis and indicate nearsightedness, noting that it does not contribute to the reduction of currency smuggling but lead to higher exchange rate
The economist said contrary goldsmith that inventory sell the currency in one bank is not the action proper through which keeps the currency at all, The subject of control of the smuggling of funds not
be an inventory of dollar selling third party and one returned those Read more…

Arrested a gang rigged 3 billion Iraqi dinars

Arrested a gang rigged 3 billion Iraqi dinars

04/29/2013

BAGHDAD / JD / .. Interior Ministry revealed the arrest of a gang in possession of 12 million dinars forged, asserting that gang recognized بتزويرها of the 3 billion dinars.
A spokesman for the Interior Ministry Brigadier Saad Maan told / JD /: I managed to force the security of the Ministry of Interior to arrest gang competent counterfeiting currency after receiving information pointed to the place of Read more…

The security situation is not conducive to the deletion of zeros

The security situation is not conducive to the deletion of zeros

4/29/13

Said Senior Director in the Ministry of Finance Najla Al-Alusi said the security situation now does not help to delete the zeros. Read more…

Banker: any disregard for the challenges of the project will fail and cause big losses

Banker: any disregard for the challenges of the project will fail and cause big losses

29/04/2013 12:53 AM

Divergence of views on the project to delete the zeros
of Baghdad – Ann Salah
central problems and the fluctuation of currency exchange rates and efforts to raise the value of the Iraqi dinar stand again placed the deletion of zeros from the Iraqi dinar and characterized by differing views around between the Finance Committee representative on the one hand and the Central Bank on the other, the former demanding the implementation of the project in the second calls for lingered despite the fact that the previous administration have been Read more…

Iraq keeping banknotes unchanged throughout 2013

Iraq keeping banknotes unchanged throughout 2013

4/28/13

Iraq’s Central Bank will not remove three zeros from its currency, the dinar, a move it had said it wanted to implement in 2013. Read more…

The central bank sales in excess of “165” million dollars at today’s meeting

The central bank sales in excess of “165” million dollars at today’s meeting

Sunday, April 28th 2013 3:59 p.m.

Baghdad / Baghdadi news / .. auction sales exceeded the Iraqi Central Bank of the coin, on Sunday, the “165” million, while the auction Geslh record participation of 25 banks.
He said Mahfezh Central Bank 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 today’s meeting amounted to” 169 “million” 282 “thousand dollars,” noting Read more…

Specialists suggest the adoption of a law regulating the currency conversion

Specialists suggest the adoption of a law regulating the currency conversion

04/28/2013 12:00 AM

After fluctuating exchange rate of the dollar
BAGHDAD – Hussein ثغب Tamimi
witnessing the Iraqi market volatility evident in the exchange rate of the dollar against the Iraqi dinar is to climb in favor of the dollar as the price ranges cashed between 127-128 dinars. comes this volatility, despite the many actions taken by the central bank in order to exchange rate stability by expanding distribution outlets and the inclusion of all citizens in the dollar to get through a specific mechanism.
Some economists attribute the cause to the absence of a law regulating the Read more…

Will they LOP the Iraqi dinar?

The Central Bank scrapped the currency structure of the year

– APRIL 26, 2013

Baghdad-on-off

The Central Bank said there is no intention of structuring currency and delete zeros this year.

The parliamentary Finance Commission member Abdul Hussein Al-yasiri for (time) on (the Central Bank declared its intention to restructure the currency and delete zeros this year).

The Committee (with the currency because it reduces the structure of categories and make it easier to carry and over fraudulent groups add that enhances the value of the Iraqi dinar against the dollar).

Adding (if you omit leading zeros will bank issuing currency class 100 dinar be worth close to $ 100 and that this thing would reduce currency from 4 billion to billion). Read more…

Iraqi Central Bank: No intentions to strike out zeros from the currency

Iraqi Central Bank: No intentions to strike out zeros from the currency

26-04-2013 – 13:00

Editor: Ghassan Hamed

Iraqi Central Bank expressed on Thursday that it does not intend to restructure Iraqi currency of strike out the three zeros, denying any news pertaining to Iraqi Dinar redenomination .

“Some media stations reported statements that the Central Bank was thinking about restructuring the Iraqi currency and striking out the three zeros”, said the bank in a statement Read more…

Central banks actions for the stability of the Iraqi dinar is not working

Central banks actions for the stability of the Iraqi dinar is not working

04/27/2013 (23:01 pm)

Baghdad / tributary cactus and agencies

Experts believe specialize in regard financial and currency traders that the stability of the exchange rate of the dollar against the Iraqi dinar due to the absence of professional management of the central bank, pointing to the need to reconsider the mechanism by which it deals with the market to correct failures occurring in the exchange rate volatility, and record the dollar exchange rate in the market local risen sharply over the past few days, if the price of one dollar more than Read more…

Central bank: There is no intention at this time to delete the zeros from the currency

Central bank: There is no intention at this time to delete the zeros from the currency

April 26, 2013 20:35

Baghdad / Baghdadi news / .. The Iraqi Central Bank, on Thursday, that there is no intention at this time to restructure the currency and deleting three zeros of them, denying the reports in this regard.
The bank said in a statement taken by his press office and received / Baghdadi News / copy of it, that “some of the media handled statements about the intention of the Iraqi Central Bank restructuring of the currency and deleting three zeros of them,” adding, “While confirming that the bank Read more…

2 General Directors within CBI to be referred to Integrity Commission, says Shiheli

2 General Directors within CBI to be referred to Integrity Commission, says Shiheli

4/25/13

Baghdad (AIN) –MP, Jawad al-Shiheli, of the Parlaimentary Integrity Committee announced that the Committee will refer two General Directors in the Central Bank of Iraq to the Integrity Commission over a case related to ten tons of stolen gold. Read more…