CBI INFO & IRAQI DINAR NEWS

Member of Finance Committee: The new currency will witness the presence of the Kurdish language and will be released mid-next year

Baghdad (news) .. According to a member of the Finance Committee MP / Kurdistan Alliance / Najiba Najib, that the new Iraqi currency will include three languages (Arabic, English and Kurdish).

said Najib (of the Agency news) said on Tuesday: The new currency will be issued in three languages Arabic, English and Kurdish as stipulated by the Constitution Iraqi that Read more…

CBI: Cost of printing the currency after you delete the zeros will be one-fourth of former currency; accelerate the process of printing the new currency is in the interest of the country

 Revealed the deputy governor of the Central Bank of the appearance of Mohammed for the costs of printing Iraqi currency after deletion of zeros in the current period, noting that the cost will be the fourth-cost printed by the current currency which Read more…

Iraqi currency change to take effect next year

Iraqi currency change to take effect next year

Tuesday, 17 July 2012, 09:16 GMT

The Kurdish Globe
By Muhammed Tahir
Many doubt that removing the zeros on the Iraqi Dinar will strengthen its value
As per a plan by the Central Bank of Iraq (CBI), new banknotes will be printed and introduced into the market starting from the beginning of 2013. The new banknotes will have three less zeros and the text and design will be modified as well. Read more…

An economist is likely to stabilize the dollar exchange rate (1189) dinars during the coming period.

An economist is likely to stabilize the dollar exchange rate (1189) dinars during the coming period.

On: Wednesday 18/07/2012 11:01

Baghdad (news) .. Said economic analyst cute Abdel Salem Ugaili, the ability of the central bank to devalue the U.S. dollar against the Iraqi dinar in the coming period, and expected stability to the price (1189) Dinars.
said Ugaili (of the Agency news) on Wednesday: that monetary policy in the country is facing major challenges by neighboring states, especially that Read more…

The new currency will witness the presence of the Kurdish language and will be released mid-next year

Member of Finance Committee: The new currency will witness the presence of the Kurdish language and will be released mid-next year

On: Wednesday 18/07/2012 12:11

Baghdad (news) .. According to a member of the Finance Committee MP / Kurdistan Alliance / Najiba Najib, that the new Iraqi currency will include three languages (Arabic, English and Kurdish).
said Najib (of the Agency news) said on Tuesday: The new currency will be issued in three languages Read more…

Member of the Finance Committee: 99% success rate of replacement of the currency in the world

Member of the Finance Committee: 99% success rate of replacement of the currency in the world

on 7/17/2012   9:30

BAGHDAD / electronic integrity

He said the parliamentary Finance Committee member Faleh Al Sari said 99% success rate of replacement of the process and delete the zeros in the world.

That the money supply in the markets is the large mass when compared to the size of trades and the magnitude of the current Read more…

Central Bank: the cost of printing the currency after you delete the zeros will not be large

Central Bank: the cost of printing the currency after you delete the zeros will not be large and will increase them postponed 3 times

Tuesday, July 17, 2012 16:25

Baghdad {: News} Euphrates revealed deputy governor of the Central Bank of the appearance of Mohammed for the costs of printing Iraqi currency after deletion of zeros in the current period, noting that the cost will be the fourth-cost printed by the current currency which is printed after the fall of the regime in 2003.

And Mohammed said in a statement to the Euphrates News Agency {} “The real cost for Read more…

Add the Kurdish language for the new currency requires a constitutional amendment

Economic Committee: Add the Kurdish language for the new currency requires a constitutional amendment

17/07/2012

BAGHDAD / JD / .. the committee said that the addition of the Kurdish language to the new currency requires a constitutional amendment, noting that the Government has so far not submitted to Parliament a proposed law amendment.
A member of the Economic Committee and the representative Read more…

Central Bank: a new mechanism will be announced within a few days to deal with branches

Central Bank: a new mechanism will be announced within a few days to deal with branches of international banks

17/07/2012

BAGHDAD / JD / .. Announced the Central Bank of the dollar exchange rate is still higher than the required level, although control of the operations sold in the auction day, revealing a new mechanism will be announced within days to deal with branches of international banks.
Deputy Governor of the Central Bank Read more…

The deletion of zeros from the currency in the middle of next year .. And the withdrawal of the old currency

Member of the economy: the deletion of zeros from the currency in the middle of next year .. And the withdrawal of the old currency will continue and a half years

On: Tuesday 17/7/2012 7:56

Baghdad (news) .. most likely a member of the Committee of Economy and Investment MP / National Alliance / Ibrahim Rikabi, the application of the deletion of the three zeroes from the national currency in the middle of next year and not in the beginning that the project needs to be enough time to study it for fear of the entry of counterfeit currency when implemented, He pointed out that the process of replacing the currency will Read more…

Economic Commission intends to increase the capital of Bank of Iraq Trade and the Ministry of Finance

Member: Economic Commission intends to increase the capital of Bank of Iraq Trade and the Ministry of Finance Alhakhh

On: Tuesday 07/17/2012 11:07

Baghdad (news) .. Announced that a member of the Committee of Economy and Investment MP / coalition in Iraq / Nora Albjara, for an amendment to the Law of the Bank of Iraq trade format that encourage investment in the country and try to sign him to the Ministry of Finance instead of the cabinet.
said Albjara (of the Agency news) said on Tuesday: The Read more…

A new plan will be developed to keep the Iraqi dinar exchange rate against the dollar

The solution –

Announced by the Finance Committee MP for the National Alliance Faleh applicable, a plan to keep the Iraqi dinar exchange rate, reference the reasons for the increased demand for the dollar Read more…

Money laundering is causing the deterioration of the value of national currency

16-07-2012 09:40 AM Are free – Established Office of the Inspector General at the Ministry of Planning seminar on the role of money laundering in the financial and administrative corruption mechanisms and treatment. Read more…

Central Bank: currency exchange will reduce the risk of errors accounting system

Central Bank: currency exchange will reduce the risk of errors accounting system

15/07/2012

BAGHDAD / JD / .. Central Bank of Iraq confirmed that the process of printing a new currency with the deletion of three zeros will cost the state less money sad re-sustain damage because of the current currency and economic expansion, noting that the new edition will reduce the risk of Read more…

Central Bank: a report from global auditing firm will determine the fate of the Warka Bank

Central Bank: a report from global auditing firm will determine the fate of the Warka Bank Ahli

Sunday July 15, 2012

BAGHDAD – and babysit – Central Bank of Iraq announced that there are audit and accounting firm based global audit the accounts of the Warka Bank Al Ahli as has branches outside of Iraq and is issuing its report, which will determine the fate of the bank.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh, said that the accounting Read more…

MP warns of counterfeit currency entry and replace Balsabh at tightening economic sanctions on Iran

Daini MP warns of counterfeit currency entry and replace Balsabh at tightening economic sanctions on Iran

On: Sun 07/15/2012 8:32

Baghdad (news) .. Alerted member of the Economic Commission deputy / coalition in Iraq / Nahida Daini, the likelihood of entry counterfeit currency into Iraq and replace them with hard currency when tightening international economic sanctions on Iran, calling for control of the border crossings with Iran to prevent the entry of those currencies.
said Daini (the Agency news) : that Iraq has outlets border multiple with Iran Read more…

Member of Finance Committee: The Central Bank will not be able to replace the currency in early next year

Member of Finance Committee: The Central Bank will not be able to replace the currency in early next year and prolong the change will make it easy to fraud

On: Sun 07/15/2012 14:10

Baghdad (news) .. Noted member of the Finance Committee MP / block the coalition in Iraq / Hassan Salman al-Bayati, the inability of the central bank to replace the currency in the beginning of the year (2013), because he was able to solve the arrangements for printing the new currency the deleted zeros did not agree Read more…

Parliamentary Finance: Central to the year need to switch currency

Parliamentary Finance: Central to the year need to switch currency

Babylonian News / Baghdad

am 11:15 Saturday, 14/7/2012

Supported the head of the Finance Committee in the House of Representatives Haider Abadi, replace the existing currency, the condition of readiness of the central bank to move after it was confirmed that the bank needs another year to begin the process of replacement. The central bank was Read more…

Kurdistan seeking to overturn a primer edition and the inclusion of the Kurdish language in the new currency

Central Kurdistan seeking to overturn a primer edition and the inclusion of the Kurdish language in the new currency

Posted 14/07/2012 08:52 AM

Babinaoz (Reuters) – called the Central Bank of Kurdistan, Saturday, to speed up printing Iraqi currency zeros deleted and the inclusion of the Kurdish language to the new edition and to abolish the “Bremer edition” issued in the circumstances “exceptional.”

And through the Director General of the Central Bank in the Kurdistan Region Read more…

Central Bank: speculative cost of the project to delete the zeros up to 172 billion dinars

Central Bank: speculative cost of the project to delete the zeros up to 172 billion dinars

07/14/2012

BAGHDAD / JD / .. the Iraqi Central Bank estimated cost speculative project to delete the zeros from the currency up to 172 billion dinars .. The study by a private project delete the zeros received / JD / copy: The total cost of speculative to project the deletion of zeros up to a hundred and seventy-two billion dinars, “.. the bank said in his study that the Read more…