CBI INFO & IRAQI DINAR NEWS

Delete the zeros and the fate of the currency .. In the hands of the experts at the table (morning)

Delete the zeros and the fate of the currency .. In the hands of the experts at the table (morning)

03/09/2012 12:00 am

BAGHDAD – Yasser incumbent – Haider al-Rubaie Flaih – Hussein Tgb Tamimi
opened the round table organized by the Center for Strategic Studies in the morning newspaper in collaboration with the Economic Section Multi file deletion of zeros, which is the richest insights and analyzes the value and put points on the letters in decoding choking on a lack of understanding subject .
and reach a group of experts who participated in this table to the fact that such Read more…

Market requirements and the need for the Iraqi street, increase the size of the money supply

Revealed the CBI for that size the money supply in the Iraqi market exceeded (35) trillion dinars / or 27 billion U.S. dollars, stressing that there bloc cash Iraqi drove out of Iraq and exposure in the markets of an international currency, but count this thing positive sign in the interest of the Iraqi economy. Read more…

Zeros cannot be removed from Iraqi dinars during 2013, says Iraqi Finance Ministry

ERBIL, September 2 (AKnews) – Iraq’s deputy minister of finance said the zeros cannot be removed from Iraqi dinars during 2013 because no preparations have been made.

The Iraqi Central Bank and people have been saying Read more…

Debate heats up on the process of deletion of zeros from the currency during seminar

During a seminar held by ((morning)) discussed Economists process of deletion of zeros from the Iraqi currency, and the order of the positives that can be reflected on the overall economic activity in Iraq or cons able to affect the business process Read more…

National Coalition recognizes its rules of procedure and discusses concerns of the Central Bank and any violation of the law

announced the leaders and members of the Iraqi National Coalition at a regular meeting held on Saturday evening at the home of President of the National Congress Party, Ahmad Chalabi approve the rules of procedure of the National Coalition initially and discuss Read more…

CBI proposes sale of gold coins to soak up liquidity and curb inflation

He stressed that a good reserve of banks and individuals and an alternative cash successful

seeks CBI to strengthen financial wealth through expansion deal to include gold bullion as well as the dollar, while finished completing the feasibility study the technical and economic project credit card, Read more…

Central Bank calls for private banks to adhere to the exchange rate of the dinar against the dollar

BAGHDAD – babysit – called on the Iraqi Central Bank traders and industrialists in the private sector to “commitment to the exchange rate at the bank and auction of 1189 dinars per dollar, and abide by it.” Read more…

CBI calls for traders to commit to an exchange rate of 1189 dinars per dollar

BAGHDAD / JD / .. called Central Bank of traders and industrialists and laminates produced other to buy dollars from banks participating in the auction of foreign currency and the rate 1189 dinars per dollar.

central bank said in a press statement received Read more…

Financial committee to discuss procedures on CBI’s efforts to reduce money laundering

Arbil September 1 / September (Rn) – The parliamentary Finance Committee, on Saturday, discussed the procedures on the central bank to stop money laundering and the reduction of the difference in the sale and purchase of the dinar in the foreign currency auction. Read more…

CBI: 53 banks participate in distributing bank cards

BAGHDAD / Center Brief for the Iraqi Media Network – the central bank of the Iraqi entered for 53 banks as members of the project divided the Read more…

CBI proposes trading of gold and silver in the banking

Baghdad / Bri Center for the Iraqi Media Network – The Central Bank of sending a number of banking proposals to the Cabinet allow dealing  and gold. Read more…

CBI: We are committed to accountability before the legislative authority and according to our mandate

BAGHDAD / Bri Center for the Iraqi Media Network – said the Central Bank of Iraq that he is committed to accountability in front of the legislature (parliament) and in accordance with the authorized limits of validity, and the last issue of the decisions are enforceable by the Bank. Read more…

CBI: $21 million debt settlement involves more than 13,000 commercial creditors outside of Paris Club agreement

Central Bank of Iraq for “debt settlement more than 13 thousand creditor commercial for Iraq outside the Paris Club.

Said the deputy governor of the Bank the appearance of Mohammed Saleh told the National Iraqi News yesterday that” the amount that was settled for trade creditors is $ 21 billion the rest of it about $ 2.7 billion to pay government bonds repayable in 2028 Pfaúd 5.8% Read more…

CBI completes economic feasibility study of retail electronic payments system

BAGHDAD / Center Brief for the Iraqi Media Network – announced the CBI for completing the feasibility study the technical and economic project credit card, while stressing he was waiting completion of evaluation and development agency U.S. so they can be awarded the tender to specialized companies. Read more…

Parliamentary fact-finding committee decided to host the officials at the CBI

BAGHDAD / Center Brief for the Iraqi Media Network – decided to fact-finding committee formed by the Council under the chairmanship of First Deputy Speaker of Parliament Qusay al-Suhail and the membership committee chairmen of Finance and Economy and Chairman of Supreme Audit and the first meeting hosted officials at the Central Bank, Read more…

Babylon confirm the spread of counterfeit currency and powers bear responsibility banking shops

Babylon confirm the spread of counterfeit currency and powers bear responsibility banking shops

on 08.30.2012  1:07 p.m.

Babel / electronic integrity

A number of shop owners in the province of Babylon banking, the proliferation of counterfeit currency in the markets of the province, accused the government banks to stand behind it, took the administration of the province owners of these shops responsible for the spread of these currencies.

Said one banking shop owners to maintain and Read more…

Dinar is served – Investors caught between Iraq and a hard place

Thousands of Main Street investors, fed up with a stock market that has  barely moved in more than a decade, are seeking out heftier returns in more  exotic investments.

And then there is Ryan Williams.

Williams, 35, of Bakersfield, Calif., has abandoned US stocks and bonds for  one of the chanciest investments on the map: the Iraqi dinar. Read more…

The disappearance of $ 12 billion from sales of the Iraqi Central Bank

The disappearance of $ 12 billion from sales of the Iraqi Central Bank

30/08/2012

Palm – a parliamentary source revealed early report documented figures showed the disappearance of nearly $ 12 billion from sales of the Central Bank of Iraq within six months starting from 1/1/2012.

The source said that after anonymity because of the sensitivity of information that an audit had been made with the Read more…

7 Questions for Dinar Speculators

We get many enquiries at Iraq Business News relating to the future of the Iraqi dinar (IQD), for example:

• Will the Iraqi dinar increase in value?
• Will the currency be re-denominated, dropping the ‘three zeros’?
• Is it wise to buy Iraqi dinar? Read more…

Central: Warka Bank in terms of ‘formal’ good

Central: Warka Bank in terms of ‘formal’ good

08/28/2012 12:00 am

BAGHDAD – morning
said the Iraqi Central Bank that the financial situation of the Warka Bank which is subject to tutelage for more than five months of technically good, noting that the bank granted loans of up to more than half a trillion dinars. said the deputy governor of the Bank the appearance of Mohammed’s (Center Brief Network Iraqi media) that «assets Warka changing compared with liabilities changing best any sense that his financial situation of technically good». said Deputy Read more…