CBI INFO & IRAQI DINAR NEWS

CBI reveals issuing currency class 100 thousand dinars soon!!!

CBI reveals issuing currency class 100 thousand dinars soon

12/02/2013

Palm – central bank adviser said the Iraqi “appearance of Mohammed Saleh” that the Iraqi currency need to expand and we will issue a currency class 100 thousand dinars.

Saleh added in a press statement that the central bank examines the idea of restructuring the currency in terms of specifications and forms so we will issue new categories of currency have the ability to shorten quantities large financial aid, pointing out that dealing continued use of $ 100 is the biggest proof of the urgent need for the currency this Size.

And between Saleh, said that the process of lifting the zeros need time and Read more…

Banking in Iraq: ignorance of the laws and money laundering without sergeant

Banking in Iraq: ignorance of the laws and money laundering without sergeant

Published 10/02/2013 09:10 AM

Babinaoz – handsome as: at a time when Iraqi banks retardation banking technologies adopted by the its financial transactions, spreading banking offices in the cities of Iraq Interestingly, due to the preparation of the many and spread random, according to a financial expert Jafar al-Zubaidi, who is due phenomenon to the absence of laws that governing the work of this office, and to the lack of oversight.

And is intended to be Zubaidi say small offices that do not have legal licenses, Read more…

Senior Iraqi official who earns 800 thousand dollars a day from the central bank?!!

Senior Iraqi official who earns 800 thousand dollars a day from the central bank?!!

10/02/2013

Palm – accused the House of Representatives a senior official of profiting from the central bank auction sales of foreign currency over the three months prior to raise the issue of the bank.

The MP said Qassim al-Araji, said there is a large warheads benefiting from central bank scandal case and pointed out that a senior official was earning about 800 thousand dollars a day from bidders central bank for foreign currency during the last three months leading up to raise the Read more…

The economic and investment commission ruled arrival of the U.S. dollar exchange rate equal thousand Iraqi dinars during the coming period

Baghdad (newsletter). Excluded Member of the Committee on economy and investment Deputy of Iraqi/coalition/nahida Al-daini, the exchange rate of the US dollar per thousand Iraqi dinars during the same period coming in under the current economic policy. Read more…

Central Bank: No worries on the Iraqi accounts in the United States

BAGHDAD / obelisk: denied the Iraqi Central Bank, Sunday, and the existence of any threat to the funds, bonds and Iraqi funds in the U.S. Fed.

A statement issued by the bank and got Read more…

Urgent…..Integrity Committee resumes investigations over CBI corruption

Urgent…..Integrity Committee resumes investigations over CBI corruption

Sunday, 10 February 2013 14:51 | | |

Baghdad (AIN) -The parliamentary Integrity Committee announced re-launching the investigations in the issue of the Central Bank of Iraq related to the corruption suspicions.

Member of the Committee, Othman al-Jihaishi told All Iraq News Agency “The Committee decided to open the investigations over the corruption case of the CBI because of Read more…

Central Bank: Iraq identical with balances records Feds

Central Bank announced that Iraq balances conform to the financial records after his US Federal Reserve Bank for breach of own internal computer systems by hackers. Read more…

Central Bank demands to facilitate the sale of hard currency for companies to mediate

Amin Abbas: Central Bank demands to facilitate the sale of hard currency for companies to mediate

Date: 09/02/2013 12:54:34 Saturday

Baghdad (news) .. Student member of the Finance Committee MP / National Alliance / Amin Hadi Abbas, the central bank to ease procedures for the sale of hard currency for companies to mediate to stop the monopoly of some companies on the procurement process.
Abbas said (of the Agency news): There are companies still in control of the process of buying hard currency from the Read more…

GOI recognizes its inability to cancel three zeroes of the dinar

GOI ruled out today to replace the local currency dinar or cancellation of three zeroes [however] are currently pointing out that he was seeking to increase its peak from 1166 to 1000 dinars to the dollar, adding that high value opportunities available with the growing backlog in the central bank, which exceeded $ 65 billion. Read more…

MP almerapi: directed the Central Bank to keep the Gold Hill and probably will hurt the national currency

Baghdad (newsletter).The Commission warned the economy and investment/MP/Hussein almerapi, reliance on gold as a monetary reserve rather than the dollar before the Central Bank because it would hurt the national economy and the Iraqi dinar. Read more…

How Expats Can Earn More From Currency

For expats living and working abroad there is an issue when it comes to being paid in Pounds Sterling and that’s when it comes to transferring their money into another currency. Read more…

Government excludes currency substitutes and cancel three zeros

Government excludes currency substitutes and cancel three zeros

Monday, February 4, 2013 17:19

BAGHDAD / Baghdadiya News / .. ruled the General Secretariat of the Council of Ministers replacement currency or cancellation of three zeros at the current stage confirmed that it is seeking to raise the value of the dinar against the dollar.
The Secretary General of the Council of Ministers Ali Mohsen Ismail in a statement released by the official website of the General Secretariat of the Council of Ministers and seen by / Baghdadiya News / “The project replacing the currency and the abolition of three zeros discussed during the last term in Read more…

Ministers exclude cancel the zeros from the currency and seek to raise the value of the Iraqi dinar

General Secretariat of the Council of Ministers exclude cancel the zeros from the currency and seek to raise the value of the Iraqi dinar

Date: 02/04/2013 10:50:11 Monday

Baghdad (news) .. ruled the General Secretariat of the Council of Ministers replacement currency or cancellation of three zeros, in addition to seeking to raise the value of the dinar against the dollar.
A statement from the secretariat received Agency (news) copy of it: that the project replace currency and the abolition of three zeros discussed during the last term in the Council of Ministers, and that the Council stressed that this project is not a priority for the government at the moment Read more…

Iraqi Cabinet rules out replacing or omitting zeros from Iraqi currency

Baghdad (AIN) -The Secretariat General of the Council of Ministers ruled out replacing the Iraqi currency or crossing out the zeros from it in this phase. Read more…

Cabinet Secretariat: Government seeks to have the exchange rate [1,000 dinars to the dollar

Excluded the General Secretariat of the Council of Ministers to replace or cancel three zeros currency at this stage, it is seeking to raise the value of the dinar against the dollar. Read more…

Economic seminar concludes the efficient functioning of the CBI during the previous period

A number of economists, ministers and members of the House of Representatives and a number of academics on the efficient functioning of the central bank during the period preceding and during the tenure of Dr. Shabibi for the post of governor and the appearance of Dr. Mohammed Saleh as his deputy. Read more…

“Iraqi dinar and would soon return to what it was before 1980 because of the global demand in the global financial markets.”

Official: declining reserves of the Central Bank of gold does not affect the rate of the dinar

The head of the Department of Banking and Finance Ministry Hilal Taan diminishing quantities of central bank reserves of gold does not affect the price of the local currency.

He said in a statement to the National Iraqi News / Nina / today: “The basket cash reserve covering currencies do not include the gold only, but depend on the dollar and the pound sterling and the euro, in addition to Read more…

CBI witness rise in sale of the dollar

Sales of the Iraqi Central Bank of the dollar on Thursday, a rise in the auction on the sale and purchase of foreign currencies, reaching 235,068,000 U.S. dollars, compared with 187,299,000 U.S. dollars recorded in the previous session, and covered the central bank at an exchange rate basis was 1166 dinars per dollar. Read more…

Finance parliamentary directed to enhance coordination between the government and global banks

The committee member said Najiba Najib’s (imn) “The committee agreed with the Ministry of Finance to develop a plan to electronic Tazizaltoasl between banks, government offices and banks advanced international banking transactions.” Read more…

Parliamentary Finance: currency stability proof of the success of the Central Bank

BAGHDAD / Bri Center for the Iraqi Media Network IMN – The parliamentary Finance, the central bank is going in the right direction as evidenced by the stability of the currency rate and lower sales of the bank. Read more…