CBI INFO & IRAQI DINAR NEWS

Finance committee prepares to meet with CBI next week to discuss new currency designs and categories

Finance parliamentary discussing with the Central Bank of new currency designs

the parliamentary finance committee, next week, in an interview with representatives of the Central Bank, most notably several issues of the new currency designs and categories.

The Central Bank is working to switch the currency and contribute to the Finance Committee in its work through the selection of designs and procedures for the currency as many have the power to control. Read more…

CBI closes more than 190 unlicensed currency dealers in Iraq

Economists hailed the decision of the Iraqi Central Bank of Iraq was closed more than 190 Mketbalchirfah unlicensed dealing in U.S. dollars.

He said the economist, Dr. Hilal Taan that although this decision came too late, but Read more…

CBI: foreign banks are required to register the names of Iraq to open branches

The Central Bank of Iraq, Tuesday, on its requirement for banks Alajnah wishing to open branches in the country register the names of Iraqi banking companies, noting that he preferred to deal with these banks because of their high level in the banking business. Read more…

the region would not deal with the new currency if they are free of the Kurdish language

Re MP / Kurdish coalition blocs / Hamid rest, the claimants not to include the Kurdish language in the new currency, saying that the constitution stipulated that Arabic and Kurdish are the official languages of Iraq, saying its refusal in the region if they are free currency “demilitarized zeros” of the flag.

and said the rest of the Monday: The Constitution affirmed in Article (4) that the Arabic and Kurdish are the official languages of Iraq and the scope of the official language of all government issues both in Read more…

Excludes the impact of crises on the Syrian and Iranian exchange rate of the dollar against the dinar

Member of the economy excludes the impact of crises on the Syrian and Iranian exchange rate of the dollar against the dinar

Dated: 7/31/2012 11:19:35 Tuesday

Baghdad (news) .. Ruled out a member of the Committee of Economy and Investment MP / coalition in Iraq / Qusay Juma, the increased demand to buy the dollar at the continuing political crisis in Syria and Iran, because of trade will be reduced between Iraq and these countries.
Juma said (of the Agency news) said on Tuesday: The crisis taking place in Syria and the economic sanctions imposed on Iran will Read more…

Next week: The Finance Committee is discussing with the central design of the new currency

Looking for the Finance Committee Parliamentary next week with an interview with representatives of the central bank within the bank several axes, most notably the design of the new currency and categories.

The Central Bank of Iraq runs a currency exchange and contribute to the Finance Committee in its work through the Read more…

Showdown between Shabibi and Iraq’s Planning Minister over currency auction and smuggling issues

«Auction» foreign currency by the Central Bank of Iraq on a daily basis, the recent subject of argument between the Iraqi Central Bank Governor Sinan Al-Shabibi Dr and Planning Minister Mehdi Al-Hafez, former Dr. «Downloads» accompanied sparring through an exchange of letters I got a copy of them. Read more…

Economic Commission supports currency replacement and denies CBI has made agreement…

Economic Commission supports currency replacement and denies CBI has made agreement with currency printing companies

Expressed by the Economic Commission Nora Albjara, Sunday, its support for the project to delete the zeros and the replacement of the existing currency, while announcing the Central Bank of Iraq did not agree to print the new currency at the present time Read more…

Next week .. The Finance Committee is discussing with the central design of the new currency

Next week .. The Finance Committee is discussing with the central design of the new currency

30/07/2012

BAGHDAD / JD / .. looking for the Finance Committee Parliamentary next week with an interview with representatives of the central bank within the bank several axes, most notably the design of the new currency and categories.
The Central Bank of Iraq runs a currency exchange and contribute to the Finance Committee in its work through the selection of designs of currency and various Read more…

Vice Kordstani: the region would not deal with the new currency if they are free of the Kurdish language

Vice Kordstani: the region would not deal with the new currency if they are free of the Kurdish language

Dated: 7/30/2012 11:55:22 Monday

Baghdad (news) .. Re MP / Kurdish coalition blocs / Hamid rest, the claimants not to include the Kurdish language in the new currency, saying that the constitution stipulated that Arabic and Kurdish are the official languages of Iraq, saying its refusal in the region if they are free currency “demilitarized zeros” of the flag.
and said the rest of the (of the Agency news) said on Monday: The Constitution Read more…

Economy, parliamentary support to replace the currency and the central denies agreement printed

Economy, parliamentary support to replace the currency and the central denies agreement printed

Sunday, July 29, 2012 19:17

BAGHDAD / Baghdadiya News / .. expressed by the Economic Commission Nora Albjara, Sunday, its support for the project to delete the zeros and the replacement of the existing currency, at the time when the Central Bank of Iraq did not agree to print the new currency at the present time.
The Albjara Agency / Baghdadiya News /, the “Committee for the economy and investment parliamentary and a number of council members support the project to replace and delete three zeros from the Iraqi currency is present, noting that the problems that surfaced recently makes us Read more…

Experts warn that the collapse of the local currency in case of deletion of zeros

Experts warn that the collapse of the local currency in case of deletion of zeros

On: Sun 07/29/2012 7:06

 Baghdad / range
warned economist reconcile inhibitor of the possible collapse of the national currency at the application of the deletion of the three zeroes from the currency, calling for an economic feasibility study for the project before its implementation.
said inhibitor in a press statement that the project re-structuring of the local currency by deleting three zeros

Which needs to be enough time for discussion by experts and specialists, study in detail to see the negative and positive results and the extent of its Read more…

CBI and Parliament agree to keep the new currency for religious and sectarian

BAGHDAD / JD / .. Committee agreed Knesset Finance with Central Bank of Iraq to be the currency away from sectarianism and factionalism. The Central Bank is working to change the Iraqi currency by deleting three zeros of them, and Almoml it is put up next year. Read more…

Must carefully draft delete zeros to avoid possible collapse of the national currency when applied

Expert: you must carefully draft delete zeros to avoid possible collapse of the national currency when applied

Baghdad (News) … Economic news warned Tawfik, inhibitor crumbling national currency when applying the draft deleted three zeros from the currency, and called for a feasibility study of the project before its implementation. Read more…

CBI: The entry of an international development bank will create…

CBI: The entry of an international development bank will create a competitive environment with Iraqi banks

Central Bank of Iraq said that “the entry of an international development bank for the purposes of development will create a competitive environment between him and the Iraqi banks to provide better services at less costs.” Read more…

CBI is called into question regarding the new currency introduction early next year

Published on Fri, July 27

Never doubts about Central Bank put up the new currency beginning next year.

Deputy Central Bank Governor Mohammad Saleh appearance of future news agency reporter today, Friday, that “the study submitted by the Central Bank were virtual is that the new currency is thrown on 1/1/2013, but with changes in the subject and we doubt that this different.” Read more…

CBI: Investment law needs revamped; Prevents flow of Iraqi capital abroad

CBI: There is no law legislator has so far prevented the flow of the Iraqi capital abroad

The Central Bank of Iraq’s investment law allowed investors to enter heads their money to support Iraq’s economy, while there is no law legislator has so far prevented the flow of the Iraqi capital abroad, noting that it is one of the grossest errors, the right of the national economy of the country. Read more…

Political differences, problems of neighboring countries behind the fluctuation of the value of the dollar against the dinar

Said financial expert Mohsen Ali, the presence of internal and external factors control the increase of the exchange rate of U.S. dollar against the Iraqi dinar, saying, that the Central Bank and the Iraqi Stock Exchange does not bear a reason for that.

Ali said in a press statement on Tuesday: The Central Bank is working hard since (2003) to increase the value of the Iraqi dinar against the U.S. dollar Read more…

A banking source: Officials running the networks, currency speculators

A source bank for “banking operations illegal and legal are managed in secret in the state banks and the eligibility to benefit from government funds and private, which remain for long periods in the banks,” pointing out that Read more…

Economic analyst: to raise the ceiling to the instruments of private banks (25) million dinars a good decision

Economic analyst: to raise the ceiling to the instruments of private banks (25) million dinars a good decision

Friday July 27, 2012

Agencies –
Praised the economic analyst Abdul Latif Salem Ugaili, the decision of the Economic Commission, which raise the ceiling of the instruments certified by the private banks to (25) million dinars, and promise to step to the success of the private banking sector.

He said Ugaili: The management of the private banking sector looks at the Read more…