CBI INFO & IRAQI DINAR NEWS

Jubouri confirms wasting funds auction the central bank and the latter confirms that the institution that is not profitable

 A member of the Finance Committee Parliamentary there is money now lost by the Central Bank of Iraq through the daily auction of foreign currency, with the bank denied the accusations confirmed that an organization that works to stabilize the market and not fall on profit and loss. Read more…

Fight against money laundering need to cooperate with the government’s CBI

Erbil, 11 August / August (Rn) – The parliamentary Finance Committee on Saturday, said there is a need for full cooperation between the federal government and the Iraqi Central Bank to curb money laundering operation, warning of the consequences of dangerous smuggling of currency on the economy of the country. Read more…

Expert: continuing the work of speculators unchecked Government would be detrimental to the national economy

Baghdad (News) … Noted economist Majid mock, that speculators continued to operate in the banking sector without any deterrent, Government would be detrimental to the national economy and the value of the dinar against the dollar. He mock (News Agency news) on Sunday: that the fluctuating dinar against the dollar and Read more…

Experts denounce parliamentary accusations of the CBI about the smuggling of currency

denounced the financial experts and bankers the charges by some members of the House of Representatives to the Central Bank currency smuggling, revealing it without proof of legal status. He accused a member of the Finance Committee in the House of Representatives Jubouri Haitham influential political figures in the Central Bank to “smuggle ten million dollars a day.” Read more…

Border controls to prevent smuggling of foreign currency for Iran and Syria

Baghdad (News) … Financial Committee decision warned MP/Iraqi/coalition, continued tracks Ahmed smuggling hard currency out of the country as it will impact directly on the national economy and local currency, calling the Iraqi borders to prevent smuggling of currency for Iran and Syria as they are undergoing an economic crisis made them desperate for hard currency. Read more…

Money laundering; Between the health of what is….

Money laundering; Between the health of what is being said, And the precautionary measures required

has escalated the debate on the smuggling of currency, which dropped Bdilalha the price of dollar selling in local markets and led to the increase rate of exchange, between who sees the need to take the initiative on the government to stop selling the currency in auctions the central bank, Read more…

CBI: There is no economic philosophy in Iraq; Urges government to choose to between market or central economy

CBI calls for a return to the central government if you do not accommodate a market economy

Called on the Iraqi Central Bank, on Thursday, the Iraqi government to return to the central system in the absence of absorption potential in the market economy, pointing out that he was able to finance the trade of the Iraqi private sector over the past years. Read more…

GOI supports deleting zeros, still fears lack of knowledge. Requires CBI to present pro’s and con’s

Paradise Financial outweigh the direct deletion of zeros through July of next year

On: Friday 8/10/2012 6:08

Suggested that the parliamentary Finance Committee is the direct deletion of zeros and currency exchange during the month of July of next year, as shown, the central bank removed the fears of all, it confirmed that the government will support this project after providing Baijayate (pros) and cons. Read more…

Formation of an investigative committee again the issue of CBI transactions

BAGHDAD / Center Brief for the Iraqi Media Network – A member of the Finance Committee Haitham Jubouri the formation of an investigative committee on the central bank transactions after the holiday in addition to the control of the Council announced its intention to set up the first day yesterday. Read more…

Paradise Financial outweigh the direct deletion of zeros through July of next year

Paradise Financial outweigh the direct deletion of zeros through July of next year

On: Friday 8/10/2012 6:08

 Baghdad / agencies
suggested that the parliamentary Finance Committee is the direct deletion of zeros and currency exchange during the month of July of next year, as shown, the central bank removed the fears of all, it confirmed that the government will support this project after providing Baijayate and cons.

A member of the Committee Haitham al-Jubouri in a press statement that “the Read more…

Parliament warns of trying to prejudice the independence of the Central Bank

Parliament warns of trying to prejudice the independence of the Central Bank

On: Friday 8/10/2012 7:04

 Baghdad / range
called the Parliamentary Temporary Committee to follow up the decisions and recommendations of the independent bodies who accuse the Central Bank of the smuggling of Iraqi funds to support terrorist operations and to submit their documents in this regard does not permit in the media, warning about it at the same time of trying to prejudice the independence of the Central Bank Read more…

Central Bank tries to uniqueness by its decisions without reference to the government

Parliamentary Finance: Central Bank tries to uniqueness by its decisions without reference to the government and the House of Representatives .. and the law needs to be modified

Dated: 8/10/2012 9:03:45 Friday

Baghdad (news) .. Accused member of the Finance Committee MP / National Alliance / Haitham al-Jubouri, the central bank by trying for the uniqueness of the decisions important for monetary policy of the country without consulting the government and the House of Representatives, calling to amend its law in terms consistent with the nature of the national economy.
Jubouri said (of the Agency news): The Iraqi Constitution provides in Article (103) in paragraph II that the central bank is an institution financially and Read more…

Percentage of smuggling hard currency abroad began less .. And the difficulty of control of money laundering

Attorney Fayez: Percentage of smuggling hard currency abroad began less .. And the difficulty of control of money laundering

Dated: 8/10/2012 13:05:31 Friday

Baghdad (news) .. According to a member of the Committee of Economy and Investment MP / National Alliance / Amer Al-Fayez, that the rate of smuggling hard currency abroad began less thanks to the actions taken by the Central Bank, based in the difficulty to control the phenomenon of money laundering in the country because they take place in different ways.
said Fayez (of the Agency news news) Friday: The Economic Commission representative met with the Central Bank and reviewed the figures for the Read more…

Finance Committee suggest deleting the zeros and direct currency exchange in July of next year

suggested the Finance Committee of parliament on Thursday, that is the direct deletion of zeros and currency exchange during the month of July of next year, as shown, the central bank has removed all fears, it confirmed that the government will support this project after providing Baijayate and cons. Read more…

CBI: the law of capitalism lead to increased banking stocks

said the deputy governor of the Central Bank of the appearance of Mohammed Saleh said that the application of the law of capital in the banking sector leads to an increase of shares traded in this sector.

Saleh said the “long-Presse:” The capitalist step contributes to the increase in profit and the development of the Iraqi economy, “noting that “banking stocks outperformed shares of agricultural and industrial stocks, and that this movement is the movement of a purely capitalist.” Read more…

Central Calls for Investigation “immediately” to “alleged” involvement of politicians, money laundering and stresses that his work is subject to control

BAGHDAD / Center Brief for the Iraqi Media Network – demanded CBI investigation “immediately” to “alleged” involvement of politicians, influential phenomenon of money laundering, stressing the seriousness of this matter which targets national security, denied that the bank aware of these allegations, especially since all sales currency controlled substance, and sold at public auction. Read more…

Currency smuggling abroad due to lack of control on the offices of the conversion

He attributed the Vice Chairman of the Committee of Finance Ahmed Faizullah reasons smuggling foreign currency out of the country, to the lack of control over the offices of the conversion.

He said in a statement to all of Iraq [where] today, “said the central bank is not responsible for the smuggling of these coins, because the offices of the conversion you get the money from the banks of the many deployed in the country and then turned to these offices abroad.” Read more…

House of Representatives does not have the ability to monitor the performance of the Central Bank

A member of the Committee on Economy and Investment Salman al-Moussawi from the inability of the House of Representatives to monitor the performance of the Central Bank because of his lack of experts in financial management and banking. Read more…

Representatives to intervene to stop the drain of hard currency in central bank auctions

The member of the Finance Committee MP Haitham al-Jubouri, Presidency of the Council of Representatives to intervene directly to stop the drain of foreign exchange and money laundering in the central bank auctions Read more…

CBI eliminates the non-banking companies have registered

BAGHDAD / Center Brief for the Iraqi Media Network – Central Bank of Iraq announced the cancellation of non-banking companies has registered regardless of their access to leave from the Ministry of Commerce or not. Read more…