CBI INFO & IRAQI DINAR NEWS

Economist highlights feasibility of crossing out zeros from Iraqi currency

Baghdad (AIN) -The economist, Basim Jameel, criticized the officials who used to attribute the delay in implementing the process of deleting out zeros from the Iraqi currency to the “unstable security and economy situations.”

Jameel stated to Read more…

Iraq Finance Committee and IMF officials discuss fluctuating currency auction and exchange rate

BAGHDAD / future Iraqi searched Parliamentary Finance Committee chaired by MP Haider al-Abadi and in the presence of members of the economic and investment commission with a delegation from the International Monetary Fund volatility winning the auction Iraqi currency and exchange rate and balance of 2013. Read more…

CBI says Annual inflation in Iraq under control

CBI stressed that “the foundation’s annual inflation which was announced by the Ministry of Planning is not large and is considered under control in such circumstances experienced by Iraq.”

The deputy governor of the Bank the appearance of Mohammed Saleh “that the inflation rate basis for the last month of August rose to 141.0 percent attributing the cause to rise in housing prices and private rents.”

He went on: “The” annual inflation rate Read more…

Central Bank: Annual inflation in Iraq controlled

Central Bank: Annual inflation in Iraq controlled

Tuesday, September 18, 2012

BAGHDAD – babysit – The Central Bank of Iraq that “the foundation’s annual inflation which was announced by the Ministry of Planning is not large and is considered under control in such circumstances experienced by Iraq.”
The deputy governor of the Bank the appearance of Mohammed Saleh in a press statement that the inflation rate basis for the last month of August rose to 141.0 percent attributing the cause to Read more…

Integrity Commission adjusts the crime of embezzlement of 11.5 billion dinars

Integrity Commission adjusts the crime of embezzlement of 11.5 billion dinars

Monday, September 17, 2012 13:53

BAGHDAD / Baghdadiya News / .. Rusafa investigations office said on Monday, caught a crime embezzling $ $ “11.500.000” eleven billion and five hundred million dinars in one branch of the Rasheed Bank.
The office said in a statement received by the agency Baghdadiya News copy of it, he “was able to adjust the offense embezzlement from a branch of the Rasheed Bank carried out a female”, adding that “the employee Read more…

London banking conference will turn Iraq into a bank to finance bankrupt economies in Europe, U.S. and the GCC

Will open the Baghdad Stock Exchange and infiltrated .. Conference in London will turn Iraq into a bank to finance the bankrupt states

Parliamentary sources said that a high-level Iraqi delegation will Read more…

Economist: Politicians excuses to delay dropping of the zeros are lame

Description economic expert on behalf of Jamil, invoke the security and economic situation, and work to delay the process of lifting the zeros from the currency arguments “flimsy.”

Said Jamil told all of Iraq Read more…

CBI decides to diversify fiscal policy in 2013

Iraqi central bank decided to diversify its financial policies in 2013 through the sale of gold and government bonds and foreign citizens.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh told all of Iraq Read more…

CBI announces increase inflation foundation for the month of August to 141.0 percent

B. Central Bank Governor appearance of Mohammed Saleh Alsumaria News / Baghdad

Iraqi Central Bank announced on Monday, for the high inflation rate basis for the month of August last year to 141.0 percent rise annually to 5.0 percent, attributing the cause to rise in housing prices and private rentals. Read more…

AMF: Iraq depends managed float regime for currency exchange

AMF: Iraq depends managed float regime for currency exchange

09/16/2012

BAGHDAD / JD / .. Confirmed the Arab Monetary Fund said Iraq from among the countries which depend on the system flotation orbit currency exchange, pointing out that the drainage systems prevailing in the global economies and Arab currencies, including 3 types first “floating fully” and that left to market forces by identifying currency exchange rate, as dependent other countries system “peg a single currency or a basket of Read more…

Expert: strict measures must be taken to combat the smuggling of hard currency

Expert: strict measures must be taken to combat the smuggling of hard currency

Date: 16/09/2012 10:10:36 Sunday

Baghdad (news) .. Called economic expert Ibrahim al-Mashhadani, the competent authorities to take prompt and effective action to prevent the smuggling of hard currency to the outside to avoid the negative impact on the national economy.
Mashhadani said (of the Agency news) on Sunday: The political problems witnessed by the Read more…

IMF stands ready to help Iraq in the fight against money laundering

IMF stands ready to help Iraq in the fight against money laundering

15/09/2012 13:45

Arbil September 15 / September (Rn) – The International Monetary Fund, on Saturday, for its full readiness to show support and assistance in maintaining the stability of the Iraqi dinar compared at the dollar and reduce the smuggling operation funds and develop ways to control the country.According to a statement issued by the Information Service of the Iraqi Council of Representatives Today, that “the Finance Committee headed by MP Haydar Abbadi discussed with a delegation from the International Monetary Fund volatility Read more…

Central Bank and independent bodies do not allow interference in its work

Baghdad / WAP / MP said the bloc citizen Furat al-Shara, said the central bank independent bodies may not interfere in his work, and when we see any abnormal situation or violation of government will take the appropriate position. Read more…

Parliamentary Integrity: political hands pull the dollar from the bank in a legitimate manner

Parliamentary Integrity: political hands pull the dollar from the bank in a legitimate manner

09/12/2012

BAGHDAD / JD / revealed the Integrity Committee in the House of Representatives for a defect in the withdrawal of currency dollar from the central bank are made through the hands of political and by influential elements, but in ways that are legitimate!
said committee member Parliamentary Integrity Aziz Ugaili told / JD /: that millions of dollars withdrawn from Central Bank and deposited in domestic and foreign Read more…

Central Bank trading 7 trillion dinars per month in the form of fees and services

Central Bank trading 7 trillion dinars per month in the form of fees and services

09/12/2012

BAGHDAD / JD / .. stressed the central bank that the Iraqi economy means of widening phenomenon government spending, stressing that he is trading at 7 trillion dinars monthly wage and services.
said deputy central bank governor appearance of Mohammed Saleh Agency correspondent / JD / that the Iraqi economy is suffering from widening Read more…

Central: We carried out the terms of the Stand-By Arrangement

Central: We carried out the terms of the Stand-By Arrangement

12/09/2012 12:00 am

BAGHDAD – morning
said the CBI had carried out the conditions set forth in the Convention on the standby credit with the International Monetary Fund under which Iraq obtained a loan of $ 3.7 billion to support the development his activities economic.
said the deputy governor of the Bank the appearance of Mohammed’s (Center Brief for the Iraqi Media Network) that ” Central Bank signed a Stand-By Arrangement with the International Monetary Fund in February 2010, which Read more…

Re-float the currency in Iraq costing billions

Re-float the currency in Iraq costing billions

Tuesday, September 11, 2012 15:03

Translation / Baghdadiya News / .. Male business news site Iraq statement to Deputy Chairman of the Parliamentary Finance Committee Ahmad Faizullah that “the abolition of the old Iraqi dinar and the deletion of zeros will cost the country billions of dollars”
He Faizullah that “the process of changing the currency back to the Iraqi Central Bank, but may Read more…

CBI reveals new strategies to unify the exchange rate

CBI reveals new strategies to unify the exchange rate

11/09/2012 09:28

Baghdad, 11 September / September (AKnews) – The Iraqi Central Bank Tuesday to start preparing strategies to unify the exchange rate of foreign currency in the country, noting that he seeks to invest the amount of money spent should be flowing into the plan of economic stability. said the deputy governor of the Bank the appearance of Mohammed, told the Kurdish news (Rn) that “there is a study of the strategies aimed at unifying the exchange rate of Read more…

The spread of the phenomenon fraud class (10) thousand in most of the southern provinces

A member of the Finance Committee: the spread of the phenomenon fraud class (10) thousand in most of the southern provinces

Date: 09/11/2012 07:07:45 Tuesday

Baghdad (news) .. Alerted member of the Finance Committee MP / National Alliance / Faleh Surrey, the exposure of endangering the national economy after the spread of counterfeit currency with the category of (10) thousand dinars in local markets, indicating that this class easy rigging and process warping spread much in the southern provinces.
said Sari (for the Agency news (: on the federal government and stakeholders that reliable well that the proliferation of Read more…

Ownership of either House of the Central Bank or the prime minister .. The new currency will not print

Member of the Finance Committee: must resolve the ownership of either House of the Central Bank or the prime minister .. The new currency will not print

Date: 09/11/2012 12:55:48 Tuesday

Baghdad (news) .. The member of the Finance Committee MP / National Alliance / Ibrahim al-Mutlaq, the members of the House of Representatives not to forget the bill disengagement House Mesopotamia for printing the Central Bank of Iraq and attached to the Secretariat General of the Council of Ministers after the completion of the first reading of it and comment on second reading.
Mutlaq said (of the Agency news) Tuesday: The suspension Read more…