CBI INFO & IRAQI DINAR NEWS

Iran’s Role In Iraqi Dinar Devaluation

Iran’s Role In Iraqi Dinar Devaluation

Posted on 21 March 2013.

By Omar al-Shaher for Al-Monitor.
There were conflicting accounts of the reasons for the rise in the value of the US dollar against the Iraqi dinar earlier this month. Politicians and economists have said that Iranian companies boosted the value of the dollar against the dinar by entering the Central Bank of Iraq’s (CBI) auction for hard-currency sales and buying large quantities in order to smuggle them into Iran. On the other hand, a former senior official at the CBI said the rise is Read more…

Executive work of the Central Bank led to a decline in the exchange rate of the Iraqi dinar

Deputy: interference by the executive work of the Central Bank led to a decline in the exchange rate of the Iraqi dinar

21-03-2013 10:58 AM

Baghdad (news) .. Refer rapporteur of the committee of economy and investment MP / coalition of Kurdish blocs / Mahma Khalil, a low exchange rate of the Iraqi dinar against the dollar to a variety of reasons the most important problems that occurred job bank and executive interference decisions Central. Khelil said (of the Agency news): There are many reasons made of the Iraqi dinar fall against the U.S. dollar, including Read more…

Reduced demand for the U.S. currency at an auction Wednesday

Sales fell CBI dollar in the auction, Wednesday, on the sale and purchase of foreign currency to $ 128,435,000 compared with $ 145,161,000 recorded in the previous session a stable exchange rate at 1166 dinars per dollar. Read more…

Warnings of deteriorating Iraqi currency by deleting zeros

Iraqi economists warned of a possible collapse of the national currency when applying the draft three zeros from the currency, deletion, stressing at the same time if he was deleting zeroes from the Iraqi currency at present would be Read more…

Member of the Finance Committee: the Central Bank because of the underdevelopment of the banking sector

Baghdad (newsletter). Download the Finance Committee member of iraqiya MP Hassan Al-aozmn Al-Bayati, the Central Bank is responsible for the failure of the domestic banking sector developments in global banks, lack of seriousness in the legislation for banks. Read more…

Central bank sells money orders of the treasury for 182 days at $ 80 billion dinars

The bank said in a statement today that during the Auction No. HY50 Sale of treasury remittances issue Read more…

High value of central bank sales of the dollar at today’s meeting

High value of central bank sales of the dollar at today’s meeting

Wednesday, March 20, 2013 14:42

BAGHDAD / Baghdadiya News / .. record auction sale currency at the central bank, Wednesday, the high value of the sales of the dollar to exceed “128” million dollars.
The governor of the Central Bank and Abdul Basit Turki Agency in a statement quoted by his press office and received / Baghdadi News / copy of it, that “the value of central bank auction sales reached during Read more…

Misuse of monetary policy behind the low exchange rate of the Iraqi dinar against the dollar

Misuse of monetary policy behind the low exchange rate of the Iraqi dinar against the dollar

03/20/2013 (00:01 pm)

BAGHDAD / Mustafa worship

Refer Financial experts and owners banking offices Dollar rises to misuse of monetary policy by the authorities concerned, and local markets are volatile since the period in the exchange rate of the Iraqi dinar against the dollar.
He attributed the economic expert contrary goldsmith high exchange rate of the dollar misusing monetary policy instruments relating to the stability of currency exchange rate, and which Read more…

Central Bank cause failure of the banking sector

Member of the Finance Committee: Central Bank cause failure of the banking sector
20-03-2013 11:02 AM

Baghdad (news) .. Download member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, the central bank responsible for backwardness domestic banking sector on developments in the international banks, the lack of seriousness in new legislation for banks. Bayati said (of the Agency news): The parliamentary Finance Committee asked the Central Bank to prepare a new Read more…

Central Bank demanding action to curb the spread of counterfeit Iraqi dinars

Amer Winner: Central Bank and the security agencies demanding action to curb the spread of counterfeit Iraqi dinars

18-03-2013 11:04 AM

Baghdad (news) .. The member of the Economic Commission MP / National Alliance / Amer winner, the Central Bank and the Directorate of Economic Crime to take their measures necessary to prevent the spread of counterfeit currency Iraqi dinars on the local market. complained Babil province spread of counterfeit currency of dinars in different categories in the market and replaced Read more…

Finance: do not oppose the project to delete zeros from the currency .. And postponed for technical reasons

Parliamentary Finance: do not oppose the project to delete zeros from the currency .. And postponed for technical reasons

Author: Al Bayan wrote: March 17, 2013 : First
Baghdad / Ahmed Sadiq

Renewed parliamentary Finance Committee no objection on the implementation of the project to delete the zeros of the current currency to reduce the numbers of trading and shorten transaction calculations, conditioned the application of some items and add them to the new law.
said member parliamentary Finance Committee Abdul Hussein al-Yasiri in an exclusive statement (statement): The Finance Committee announced no objection since Read more…

Severe restrictions on the sale of the dollar lifted its price before the Iraqi dinar

Economic Center: severe restrictions on the sale of the dollar lifted its price before the Iraqi dinar and not the political situation

Published in: 3:08 pm, March 17, 2013 by ipa 2 Views: 140

BAGHDAD (Iba) .. denied Director of Economic Media Center Dergham Mohammed Ali, a tense situation Isaias impact on the high price of the dollar against the Iraqi dinar, attributing the rise to a series of actions taken by the central bank in determining the buying and selling of the dollar.

Ali told the independent press (Iba) “The political situation did not affect the rise in the dollar, but the actions taken by the central bank are the cause, noting: that Read more…

Iraqi market for securities Rises to shares of 15 joint-stock company in the market

BAGHDAD (Iba) .. denied Director of Economic Media Center Dergham Mohammed Ali, a tense situation Isaias impact on the high price of the dollar against the dinar, Read more…

Central Bank announced new measures to prevent money laundering operations in local markets by requiring private banks Bossullac purchase and receipt of the quantities of hard currency sold.

The official source at the bank said the central bank has taken measures and new mechanisms within the work for the current period included a demand that all private banks and banking offices bring receipts receipt and sale of foreign currency sold to ensure there is no Read more…

Central Bank procedures for the sale of hard currency caused the reduction rate of the Iraqi dinar against the dollar

Specialists: Central Bank procedures for the sale of hard currency caused the reduction rate of the Iraqi dinar against the dollar

17-03-2013 12:31 PM

Baghdad (news) / report / Hussein Faleh / .. After that saw Iraqi dinar exchange rate stable remarkable for hard currency for a long time but he came back to drop, especially after the crisis the central bank that toppled Governorate Shabibi and a number of his staff, where he received the President of Supreme Audit Basset Turki tasks agency until a governor efficient Read more…

Central demanding banks Bossullac selling and buying dollars

Central demanding banks Bossullac selling and buying dollars

The time on Saturday, March 16 / March 2013 08:01

Baghdad / Ahmed Yassin

Central Bank announced new measures to prevent money laundering operations in local markets by requiring private banks Bossullac purchase and receipt of the quantities of hard currency sold.

The official source at the bank said the central bank has taken measures and new mechanisms within the work for the current period included a demand that all private banks and banking offices bring receipts receipt and sale of foreign currency sold to ensure there is no Read more…

Specialists: political differences behind the low rate of the Iraqi dinar

Specialists: political differences behind the low rate of the Iraqi dinar

The time on Friday, 15 March / March 2013 11:30

BAGHDAD / Nasir Ali

Reflected the deterioration of the security and political situation in Iraq, and the late adoption of the federal budget, negatively on the economy and monetary stability are facing a rapid decline in Iraqi dinar value.

The Iraqi Central Bank announced after the last session of the auction sale of currencies, a sharp increase in the demand for dollar whose value exceeded Read more…

Central Bank announces near new decisions to reduce the high rate of foreign currencies

Central Bank announces near new decisions to reduce the high rate of foreign currencies

Thursday, March 14, 2013 10:27

BAGHDAD / Baghdadiya News / .. Iraqi Central Bank announced on Thursday that it was taking a number of new decisions that will change the exchange rate of foreign currencies against the Iraqi dinar and thereby contributing to its stability in the currency market.
The bank said in a press statement received / Baghdadiya News / copy of “Central Bank and after follow-up floury to the high exchange rate of foreign currency in the secondary markets in Iraq, tends to Read more…

CBI announces new decision to reduce exchange rate of foreign currency in Iraq

Iraqi Central Bank announced on Thursday that it was taking a number of new decisions that will change the exchange rate of foreign currencies against the Iraqi dinar and thereby contributing to its stability in the currency market. Read more…

CBI announces its intention to take decisions in order to achieve stability of the exchange rates of foreign currencies

CBI said, Thursday, he was in the process of implementing a number of decisions aimed at stabilizing the foreign currency exchange rates, stressing that responsible for maintaining this stability commensurate with concern for the stability of the dinar exchange rate according to data of the Iraqi economy. Read more…