CBI INFO & IRAQI DINAR NEWS

Attorney Mayahi demanded change the current policy of the Central Bank to save the national currency

Attorney Mayahi demanded change the current policy of the Central Bank to save the national currency from degradation

Date: 09/29/2012 06:52:35 Saturday

Baghdad (news) .. Student member of the Committee on the economy and investment MP / mass white / Aziz Mayahi, pursuing new monetary policy kept pace progress in the field of financial and banking in the world and change the current policy pursued by the central bank as threatening the local currency to deteriorate.
said Mayahi (of the Agency news): There a lot of negative indicators monitored in the work of the central bank, especially violations recent occurred in the process of buying and selling the dollar in the auction and allow brokers to manipulate the price of the Iraqi dinar exchange against Read more…

CBI calls on the Iraqi government to open economic bridges with friendly countries

BAGHDAD / With: called Deputy Governor of the Central Bank the appearance of Mohammed Saleh, Thursday, the Iraqi government to open economic bridges with some friendly countries which established good relations with Iraq to persuade them to enter its work in Iraq. Read more…

House stresses the importance of the independence of the CBI

The head of the House of Representatives Osama Najafi on the importance of the independence of the central bank, and follow the daily auction of foreign currency to control the exchange rate of the Iraqi dinar. Read more…

CBI: Send Islamic Banking Regulation Act to the State Advisory

The Central Bank of Iraq on the submission of the draft law regulating Islamic banking to the Council of State in order to be displayed in the Council of Ministers and then submitted it to the House of Representatives. Read more…

Najafi: There is a need to control the exchange rate of the Iraqi dinar

Najafi: There is a need to control the exchange rate of the Iraqi dinar

27/09/2012 13:07

Arbil September 27 / September (Rn) – The House Speaker Osama Nujaifi on the importance of the independence of the central bank, stressing the need to control the Iraqi dinar exchange rate. According to a statement issued by the Information Office of the President of the House of Representatives today that “Najafi discuss yesterday with the head of the BSA Abdul Basit Turki central bank policy and the mechanism that works Read more…

Central Bank’s (people): Currency will not be replaced during 2013

Central Bank’s (people): Currency will not be replaced during 2013
Khaled al-Haidari

Published 25/09/2012 07:55 AM

Baghdad:
Iraqi Central Bank announced that the currency will not be replaced during the coming period, not even through 2013. The deputy governor of the Central Bank of the appearance of Mohammed Saleh told (people) that the process of replacing the currency and raise zeros it needs major work, and within the business associated with the replacement of the currency to start restricting Read more…

President of Parliament and the Office of Financial Supervision discuss the policy of the Central Bank

President of Parliament and the Office of Financial Supervision discuss the policy of the Central Bank

Wednesday, September 26 / September 2012 16:27

[Baghdad – where]

The head of the House of Representatives Osama Nujaifi on the importance of the independence of the central bank and follow the daily auction of foreign currency being focused in the area of control of the exchange rate of the Iraqi dinar.

The office said in a statement today the agency received all of Iraq [where] a copy of “Najafi received Chairman of the Board of Supreme Audit Abdul Basit Turki in his office and discussed with him the policy of the central bank and the current Read more…

Central bank: report foreign auditing firm will determine the fate of the Warka Bank

Central bank: report foreign auditing firm will determine the fate of the Warka Bank

09.25.2012

Iraqi Central Bank announced that foreign auditing firm “KPMG” continues to work by matching accounts Warka Bank Ahli. The deputy governor of the Central Bank of the appearance of Mohammed Saleh, said that the foreign company started since last July audited Warka Bank Ahli did not complete its report yet. added: “The company will send its report after the completion of the Read more…

Central Bank: the right of Iraq’s commercial banks engage in Islamic banking

Central Bank: the right of Iraq’s commercial banks engage in Islamic banking

Tuesday, September 25, 2012

BAGHDAD – babysit – CBI announced that he is entitled to commercial banks to open branches or windows for Islamic banking.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement: “The Central Bank the right to grant licenses for the establishment of banks or subsidiaries of banks Iraqi Islamist, or non-Iraqi, or Islamic windows of Read more…

Deletion of zeros will make it easier to steal billions without the knowledge of the state

According to a member of the Economic Commission parliamentary Hussein Mura’bi yesterday, Sunday, that the confusion in the monetary policy makes the country lose about eight million dollars a year, while Read more…

Delete the zeros project could create billions to be laundered

member stressed the Economic Commission parliamentary Hussein Mura’bi that confusion in the monetary policy makes the country lose about eight million dollars a year, while warning that the issue of deletion of zeros will facilitate Read more…

Control and Inspection Director of Rafidain Bank agrees its an appropriate time to replace currency

Banker: replacement of a currency is appropriate at this time

Control and inspection Director of Rafidain Bank Al-mundhiri abdolhossein from falling in with errors which occurred during the Exchange after system crash. Read more…

Must use the International Monetary Fund to combat money laundering and currency smuggling

Member of the economy: You must use the International Monetary Fund to combat money laundering and currency smuggling

Date: 09/24/2012 10:04:41 Monday

Baghdad (news) .. The member of the Economic Commission MP / National Alliance / Abdul Salam al-Maliki, to use international organizations and the International Monetary Fund for formulating monetary policy and control of financial activity in the country to combat the phenomena of money laundering and the smuggling of hard currency abroad.
Maliki said (of the Agency news) on Sunday: There breaches clear in the work Read more…

Postponing dropping of the zeros ill-advised; Should speed up implemention

Baghdad (newsletter) … Student Finance Committee member MP/Iraqi/coalition Hassan aozmn, Ministry of finance and the Federal Government and members of the House of representatives to speed up implementation of the project to delete zeros in early 2013 and not postponed to 2014. Read more…

CBI: Banking conference in London calls on Iraq to amend the law on investments

Central Bank of Iraq that banking conference held in London last week called to amend the Iraqi Investment Law. said Deputy Governor of the Central Bank the appearance of Mohammed Saleh in a statement told the National Iraqi News Read more…

Currency damaged; Financial and economic losses

Currency damaged; Financial and economic losses

 Baghdad / Ali writer in the memory of many of us, paper currency that was in circulation during the past years, and known among Iraqis (b Swiss), which was an example of the currency paper most traded between citizens timetable with the lack of exposure to damage due to the characteristics of good, which differed greatly from currency currently in circulation that we Read more…

Project deletion of zeros from the currency is very important and the right of Kurds to insert the language

Vice Kordstani: Project deletion of zeros from the currency is very important and the right of Kurds to insert the language

Date: 09/20/2012 10:11:38 Thursday

Baghdad (news) .. Called MP / Kurdistan Alliance / Hussein Hassan Nrmo, to put the Kurdish language in the currency after the New project deleting three zeros them and replace them, adding that the project would be unconstitutional if did not include the Kurdish language.
said Nrmo (of the Agency news) on Thursday: The Iraqi constitution emphasizes the importance that all dealings official in Arabic Read more…

Expert: Iraqi dinar is immune and will not vibrate when global economic crises

Expert: Iraqi dinar is immune and will not vibrate when global economic crises

Date: 09/20/2012 12:42:22 Thursday

Baghdad (news) .. Ruled out a financial expert on behalf of Jamil, a global economic crisis may damage the national economy and the local currency because it Mdaoman oil wealth and cash reserve large hard currency.
Jameel said (of the Agency news): The increase in Read more…

Parliamentary committee confirms legal project to delete the zeros from the Iraqi currency

Parliamentary committee confirms legal project to delete the zeros from the Iraqi currency

Wednesday, September 19 / September 2012 14:19

{Baghdad: Euphrates News} parliamentary legal committee confirmed that the draft deleted three zeros from the Iraqi currency is a legal project does not contain any defect violates the provisions of the constitution.

A member of the Committee cute Mustafa Euphrates News Agency {} on Wednesday that “the project to delete three zeros from the Iraqi currency is a legal and does not violate the Iraqi constitution.”

He added that “his committee reviewed the Read more…

CBI’s Saleh: And an economic point of view; Project deleting three zeros and cash transaction costs

In light of economic conditions and volatile financial and inflationary pressures that has befallen our country before, and led to negative effects on the regularity of the commercial market and labor markets and production and citizens’ standard of living, has generated many Read more…