CBI INFO & IRAQI DINAR NEWS

DMCC: Iraqi dinar of interest and market need

DMCC: Iraqi dinar of interest and market need

Date: Saturday 08/25/2012 09:38 am

 Baghdad / follow-term economic
confirmed Center DMCC that currency Iraqi dinar attract his attention, at the time confirmed the CBI that the draft delete zeros will pass within the House and Minister after what he called a “whirlwind political.” said CEO of DMCC multi Ahmed bin Sulayem, in a press statement to the newspaper (economic statement)

The DGCX and goods is looking forward to the inclusion of Read more…

Delete the zeros will not benefit the national economy and will cost the state huge amounts of money

Vice Chairman of the Finance Committee: the project to delete the zeros will not benefit the national economy and will cost the state huge amounts of money

Date: 25/08/2012 11:36:45 Saturday

Baghdad (news) .. Likely Vice President Finance Committee MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, host central bank governor during the next few days in the House of Representatives to discuss the sale of the currency and the project to delete the three zeroes, adding that the project to delete the zeros of the currency does not add anything to the economy National but Read more…

Central Bank: Iraq has no interest in breach of sanctions on Iran

Central Bank: Iraq has no interest in breach of sanctions on Iran

23/08/2012 10:03 pm

BAGHDAD – morning
confirmed the central bank that Iraq does not have any interest in violation of international sanctions imposed on Iran, calling for Iraq is excluded from the sanctions according to the UN Charter on the grounds of his dealings with Iran are purely civilian.
said the deputy governor of the Bank the appearance of Mohammed’s (Center Brief Network Iraqi media) that “there is some kind of confusion in the charges, Read more…

Sell gold coins and other currencies in the central bank auction method to reduce the price of the dollar against the dinar

Economic parliamentary: sell gold coins and other currencies in the central bank auction method to reduce the price of the dollar against the dinar

Date: 24/08/2012 13:52:46 Friday

Baghdad (news) .. According to a member of the Committee on the economy and investment MP / National Alliance / Ibrahim Rikabi, the trend that the Central Bank to sell gold coins and coins other in addition to the dollar in the auction came to reduce the demand for dollar and reduce its value against the dinar.
Rikabi, (of the Agency news) : a new strategy followed by the central bank to Read more…

Central Bank announces increase the foundation’s annual inflation for the month of July to 140.7%

Central Bank announces increase the foundation’s annual inflation for the month of July to 140.7%

Thursday, August 23, 2012

BAGHDAD – babysit – Central Bank of Iraq, for the rise in inflation annual basis for the month of July to 140.7%, attributed the reason to the high prices of housing, electricity and food, while considered reasonable height and in control of it.
The deputy governor of the Central Bank of Iraq the appearance of Mohammed Saleh in a press Read more…

Central Bank: Inflation slowed in Iraq, to ​​5.9 percent in July

Central Bank: Inflation slowed in Iraq, to 5.9 percent in July

08/21/2012 12:25

Baghdad. (Reuters) –
The appearance of Qasim Deputy Governor of Central Bank of Iraq, told Reuters yesterday that core inflation in Iraq has slowed to 5.9 percent on an annual basis in July from 6.1 percent in June. Iraq exports oil and imports all except that of goods. The core inflation rate excludes fuel prices
Source: alsabaah

CBI: Currency auction because of the Eid al-Fitr holiday; resume Sunday

Stop the central bank auction sale of the dollar because of the holiday of Eid al-Fitr Monday, 20 August / August 2012 12:56

{Baghdad: Euphrates News} A source at the central bank for central bank auction stopped because of Eid al-Fitr holiday.

The source told Read more…

Economist: measures to reduce the high dollar is viable it needs time

Economist: measures to reduce the high dollar is viable it needs time [Audio]

Monday, 20 August / August 2012 14:54

[Baghdad – where]

He economist Bassem Jamil Antoine measures taken by the government as limiting the rise in the dollar is it needs a long time.

He told all of Iraq [where] the day that “these measures are related to economic conditions the country’s public and control procedures as the central bank can not afford to control and decide because there are many, including economic and honest and should create some sort of cooperation with them in order to Read more…

Stop the central bank auction sale of the dollar because of the holiday of Eid al-Fitr

Stop the central bank auction sale of the dollar because of the holiday of Eid al-Fitr

Monday 20 August 2012

Follow-up – and babysit – A source at the central bank for central bank auction stopped because of Eid al-Fitr holiday.
The source said that “the central bank auctions stopped because of Eid al-Fitr holiday, where will resume bank auction next Sunday.”

The government announced the disabled always in the state departments of Read more…

Central bank: talk about the deletion of zeros and currency exchange beginning of 2013, “a fantasy”

Central bank: talk about the deletion of zeros and currency exchange beginning of 2013, “a fantasy”

Sunday 19 August 2012

BAGHDAD – and babysit – considered the Central Bank of Iraq, talking about the deletion of zeros and the replacement of the Iraqi currency early next year 2013, “a fantasy”, as he emphasized the need to be replaced in the currency of a new financial.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement, “The draft restructuring currency and delete the zeros are still just proposals nor approved so far and remains Read more…

Foreign money must be converted by the central bank exclusively to curb money laundering

Parliamentary Finance: Foreign money must be converted by the central bank exclusively to curb money laundering

Monday 20 August 2012

Follow-up – and babysit – advised decision of the Finance Committee MP / coalition in Iraq / Ahmed electrodes, Iraqi traders not to transfer their money from foreign banks, but be via the central bank to control the operations of illegal Ktherib currency and money laundering.
The electrodes Today: The foreign banks that used Iraqi trader in dealing with Read more…

Adviser banker: foreign banks turned offices of remittances .. The fictional profits

Adviser banker: foreign banks turned offices of remittances .. The fictional profits

Date: 20/08/2012 14:24:03 Monday

Baghdad (news) .. Criticized adviser North Bank for Finance and Investment wholesome Elias Abou, the work of foreign banks participating banks Iraqi civil Mattabrha banks are not built the economy of Iraq, but came for personal benefit and transfers only third.
said Abbou (of the Agency news) on Monday: there foreign banks post with Iraqi banks eligibility capital is very large and Read more…

Draft bill over deleting zero’s stuck in the house awaiting approval; Will pass after political whirlwind ends

The Central Bank announced that the draft will delete zeros inside the House and the Prime Minister after what he called a “whirlwind.”

He appearance of Bank Deputy Governor Mohammad Saleh told correspondent/JD/draft delete zeros will pass within Read more…

Deleting the zeros is still a proposal that needs finalized; Says new currency in 2013 is a “fantasy”

The Central Bank is talking about the deletion of zeros and currency exchange beginning of 2013, “a fantasy”

CBI, Sunday, talking about the deletion of zeros and the replacement of the Iraqi currency early next year 2013, “a fantasy”, as he emphasized the need to be replaced in the currency of a new financial. Read more…

Committee advised all foreign money must be converted by the CBI exclusively to curb money laundering

Baghdad (news) .. Advised decision of the Finance Committee MP / coalition in Iraq / Ahmed electrodes, Iraqi traders not to transfer their money from foreign banks, but be via the central bank to control the operations of illegal Ktherib currency and money laundering. Read more…

CBI’s bank card initiative will help promote banking and circulation of funds

Expert: system (split national) will promote the work of credit card and facilitates the circulation of funds in the market Date: 19/08/2012 13:34:12 Sunday

Baghdad (news) .. Stressed the economic expert Majid picture on the importance of establishing a system of Read more…

Reuters: Iraq helps Iran to evade sanctions

Translation / Baghdadiya News / .. Reuters reported, quoting the New York Times in its report that Iraq helps Iran to circumvent the economic sanctions imposed on it by its nuclear program, through the use of a network of financial institutions and oil smuggling operations to ensure that Tehran’s flow of hard currency, benefiting some Iraqi officials. Read more…

CBI seeks to reduce the monetary circulation of the currency and replace it with credit card

Said the Iraqi Central Bank seeks to reduce the use of cash in the country, because of geography and the challenge of security issues that make the transfer of money within the country is difficult and risky.

The bank said in a statement today, “going efforts to automate the processes of settlement of checks and payroll systems, and activate the automation of electronic card, to keep more cash in bank accounts.” Read more…

CBI seeks to reduce the use of cash in the country with technology

Said the Iraqi Central Bank seeks to reduce the use of cash (CASH) in the country, because of geography and the challenge of security issues that make the transfer of money within the country is difficult and risky. Read more…

Economic Committee member: project to replace the currency and delete the zeros does not contribute to the national economy

Said committee member economic MP Salman al-Musawi for the rule of law, that the project to replace the currency after deletion of zeros which does not help to support the national economy, but the success of the project depends on the strength of the economy and the stability of the domestic market.

Moussawi said that ‘you should think about how to liberate the national economy of unilateral rent based on oil revenues to a robust economy based on different economic sectors before coming towards the implementation of an important project affect the country’s economy both in terms of the positive or negative.

added member of the state law in a statement to the Agency (solution News) that ‘the implementation of the project to delete the three zeroes by the Bank Central without a feasibility study will put the national economy in a dark tunnel and an uncertain future no one knows its consequences, stressing that the project does not help to support the economy and promote, but support comes through activating the private sector and the various economic sectors, and then be thinking replacing currency.

called Musawi ‘carefully before applying the deletion of zeros to the project does not harm the national economy and the local currency.

alhalnews.com