CBI INFO & IRAQI DINAR NEWS

Newly Appointed Governor of CBI has not yet determined

She said the parliamentary Finance Committee that the issue of the appointment of the Governor of the Central Bank has not yet determined because of the political pressure. Committee member said Haitham al-Jubouri that “the situation is confused and demonstrations in a number of provinces affected Read more…

CBI authorization to reduce the dollar exchange rate to enhance the value of the dinar

Iraqi Central Bank coverage a number of private banks Bmzadeh public for the sale of foreign currency and increase the share financial auction granted to exchange companies and authorize bank governor validity reduced dollar against the Iraqi dinar. Read more…

Central Bank denies low reserves of gold and confirms the stability

Central Bank denies low reserves of gold and confirms the stability

Friday, February 1, 2013

Follow-up – and babysit – denied the Iraqi Central Bank, Friday, reports by the media about the low reserves of gold, stressing that it saw stable over the past several months.
The bank said in a statement received by news agency public opinion (and babysit) … today that “no truth to the news reported by some media on the low bank reserves of gold,” he said, adding that this reserve “witnessed Read more…

Economist: crisis regions of the dollar and the euro will not affect the value of the Iraqi dinar

Economist: crisis regions of the dollar and the euro will not affect the value of the Iraqi dinar

Date: 02/01/2013 11:46:38 Friday

Baghdad (news) .. Ruled out economic expert Abdul Sattar al-Hashemi, influenced by the exchange rate of the Iraqi dinar fluctuations in global markets in America and Europe.
Hashemi said (of the Agency news): The Iraqi dinar is immune from the global economic crisis will not be affected because it covered with large cash liquidity of hard currency that exceed (70) billion U.S. dollars.

He added: that the exchange rate of the dinar began improving and recovering Read more…

Economist: the value of the dinar in decline

Iraqi economic expert said, “The current monetary policy pursued by the Central Bank of Iraq has led to a reduction in the value of the Iraqi dinar against the dollar, compared to what it was before the issuance of an arrest warrant former central bank governor Sinan al-Shabibi. Read more…

Muqtada al-Sadr excludes MP “Bahaa al-Araji,” money laundering and corruption of the Central Bank?!!

Muqtada al-Sadr excludes MP “Bahaa al-Araji,” after the scandals, money laundering and corruption of the Central Bank?!!

30/1/2013

Palm – after the recent visit by the first deputy chairman of the House of Representatives Qusay al-Suhail to Najaf and inform the leader of the Sadrist movement on the results of the investigation in the case of the Central Bank’s corruption and prove all the evidence against the head of the Liberal parliamentary Bahaa al-Araji.

A source close to the political body of the Sadrist movement do Moqtada al-Sadr to expel MP Bahaa al-Araji, the presidency of the bloc and appoint Read more…

Economists Opinion: decision to delete the zeros from the currency .. Necessity

Will return to the country major interest

Iraqi currency in need of a political decision to save them

Before the period was announced near the implementation of the decision of the deletion of three zeros Read more…

Economist warns of a return to the spread of counterfeit currency class (10) thousand dinars

Economist warns of a return to the spread of counterfeit currency class (10) thousand dinars on the market

Date: 30/01/2013 11:32:43 Wednesday

Baghdad (news) .. Economic expert warned Jalil al-Rubaie, the return of the spread of counterfeit currency class (10) thousand dinars in the local market because it confuse the economic situation in the country, calling on the security agencies to take their turn to detect those involved in these operations.
The Interior Ministry announced last week that the seizure of large amounts of money category (10,000) thousand dinars forged are Read more…

CBI: Bank sales fell not on the measure declined to provide demand

Counting the Iraqi Central Bank, on Wednesday, the lack of demand for foreign currency in its daily auction is not a measure of its ability to provide demand. Read more…

Economist: the value of the Iraqi dinar in decline

Economist: the value of the Iraqi dinar in decline

The time on Tuesday, January 29 2 / January 2013 16:26 | |

Baghdad / Orr News

Iraqi economic expert said that the current monetary policy pursued by the Central Bank of Iraq has led to a reduction in the value of the Iraqi dinar against the dollar, compared to what it was before the issuance of an arrest warrant former central bank governor Sinan al-Shabibi.

And between economic expert who declined to be named, said Iraqi dinar exchange rate before fabricating a crisis the Central Bank arrived in price below Read more…

Parliamentary finance committee hosts representatives of CBI to discuss banking law

Parliamentary finance committee hosts representatives of CBI to discuss banking law

Tuesday, 29 January 2013 08:21 | | |

Baghdad (AIN) –The Parliamentary Finance Committee hosted a delegation from the Central Bank of Iraq to discuss the current law of banks and the draft of the new law.

The Parliamentary Committee reported in statement received by AIN ”Member of the Parliamentary Finance Committee MP Najiba Najeeb received a delegation from the Central Bank of Iraq and Read more…

Instability of the dollar and the euro regions asylum behind the central bank to keep gold

Who specializes in economic affairs: the instability of the dollar and the euro regions asylum behind the central bank to keep gold

Date: 01/28/2013 12:38:21 Monday

Baghdad (news) .. Return specialist in economic affairs Dargham Muhammad Ali, a reason for asylum CBI to increase its gold reserves to the economic crisis taking place in most European countries and the U.S..
Said Mohammed Ali (of the Agency news): Iraq is ranked (44) globally among the most possession of gold according to the report of the International Monetary Fund, and this center is acceptable compared to Iraq’s Read more…

Finance: there was no justification for dismissal of the deputy governor of the Central Bank

Parliamentary Finance: there was no justification for dismissal of the deputy governor of the Central Bank

The time on Sunday, January 27 2 / January 2013 08:24 | |

Baghdad / Orr News

Parliamentary Finance Committee noted that the disqualification or dismissal of the deputy governor of the Central Bank, illegal, and there is no reason for his dismissal as long did not prove the charges against him.

Committee member said the Iraqi List MP Ibrahim al-Mutlaq said the deputy governor of the Central Bank of the appearance of Mohammed Saleh proved his innocence, and legally there is no justification for allowing his dismissal or Read more…

Central Bank committed all banks to develop their work in terms of the use of modern systems

Bank: Central Bank committed all banks to develop their work in terms of the use of modern systems

Date: 26/01/2013 11:26:23 Saturday

Baghdad (news) .. According to Executive Director of the Association of private banks Abdul Aziz Hassoun, that the central bank face a speech for banks to develop their work through the introduction of modern systems and the use of technological banking.
Hassoun said (of the Agency news): The Central Bank issued a decision committed by all private banks and government using sophisticated banking systems to be able to keep up with developments in international Read more…

Linking central bank auction electronic network will support the national currency

Parliament: linking central bank auction electronic network with financial institutions will reduce corruption and support the national currency

Date: 26/01/2013 14:27:58 Saturday

Baghdad (news) .. praised a member of the Committee on the economy and investment MP / coalition of Kurdish blocs / Jassim Mohammed Hussein, step the central bank to link the auction on the sale of hard currency electronically with institutions Bank and the Ministry of Finance and the General Authority for taxes will reduce the financial corruption and will support the national currency in the country.
Hussein said (of the Agency news): The new technology when applied correctly Read more…

Iraqi Government Seeks

“Iraqi activists and journalists have tried to exert pressure on the authorities in Baghdad to release Mudher Mohammed Saleh, deputy governor of the Central Bank of Iraq (CBI) after he was Read more…

Central Bank of Iraq announces selling 80 billion Dinar treasury bills

Central Bank of Iraq announced on Tuesday January 22, that it sold 80 billion Dinars worth of treasury bills, pointing out that 3 participants bought all the issued T-bills. Read more…

CBI launches electronic network connectivity information Auction

BAGHDAD / obelisk: CBI announced, Thursday, on the implementation of the steps the electronic linking of information daily auction of foreign currency between institutions Bank and the Ministry of Finance and the General Authority for taxes. Read more…

Process of selling the currency at CBI has not changed since Shabibi held post

BAGHDAD / JD / .. revealed the Knesset Finance Committee, that the process of selling the currency at the Central Bank has not changed for the article’s central bank governor Sinan al-Shabibi. Read more…

Monetary policy and its consequences on the Iraqi dinar

Monetary policy and its consequences on the Iraqi dinar

01/23/2013 (23:00 pm)

D. Accustomed Naji al-Hamdani

Seen monetary and fiscal policy since 2003 a major shift in the banking sector has taken the Iraqi government some necessary measures derecognition foreign exchange controls and the lifting of restrictions on the movement of trade, capital and support and encourage private companies in the banking sector to move from a system exchange controls system to the open market as one requirements of a market economy. And the Central Bank of Iraq as Iraqi state bank, which formulates monetary Read more…