CBI INFO & IRAQI DINAR NEWS

Vice-print categories suggests large cash instead of currency exchange

Vice-print categories suggests large cash instead of currency exchange

07/14/2012

BAGHDAD / JD / .. called a member of the Finance Committee, the parliamentary deputy from the Kurdistan Alliance Najiba Najib to print categories with a cash value of the cash and the cancellation of the project the largest printing the new currency and deleting three zeros. Said Najib told / JD / that “any success for the draft Central Bank of Iraq switched currency and deleting three zeros depends mainly on the Read more…

Central Bank of a plan to stabilize the exchange rate of the dinar against the dollar

Member of Finance Committee: Central Bank of a plan to stabilize the exchange rate of the dinar against the dollar
On: Saturday 14/07/2012 11:06

Baghdad (news) .. Announced by the Finance Committee MP / National Alliance / Faleh applicable, a plan to keep the Iraqi dinar exchange rate, reference the reasons for the increased demand for the dollar during the last period to the Read more…

Iraq: Delete the zeros of the local currency begins next year

Iraq: Delete the zeros of the local currency begins next year

14/07/2012 12:43

Diyala, July 14 (Rn) – The Finance Committee representative, Saturday, that the process of replacing the currency and delete zeros of which will be gradually beginning next year, noting that the process takes two years to three. A member of the Committee and the representative of the Iraqi List, Hassan Auzmn told the Kurdish news agency (Rn) that the Iraqi Central Bank will begin to withdraw the current currency early next year, gradually and keep the Read more…

CBI is ready to drop zeros but he would like additional year to implement

Finance Committee Member acknowledges CBI is ready to drop zeros but he would like additional year to implement

The parliamentary Finance: Central Bank needs another year to replace currency   The Committee of Finance in the House of Representatives, Friday, support for the replacement of the existing currency, while the central bank’s readiness required for this step, confirmed that the bank Read more…

Economic parliamentary government accuses the banks of falsifying documents to sell the dollar black market

Accused the parliamentary Economic Committee, Thursday, government departments of banks authorized to buy and sell the dollar to “forging documents to sell the dollar to some brokers in the black market.

Confirmed that it will all the necessary measures to prosecute the case involved, as well as approach the regulatory authorities concerned. Read more…

Member of the Finance Committee: CBI initiated a new law to facilitate the work of the banks

Baghdad (News) … Finance Committee member declared Deputy of Kurdish blocs Coalition//Risalat Najib, the enactment of new banks by the Central Bank granted broader powers and facilities to promote their reality, sending it to the House for a vote after discussion by the Government. Read more…

Deterioration of the political and economic conditions contributed to the weakening of the Iraqi dinar

Deterioration of the political and economic conditions contributed to the weakening of the Iraqi dinar

11-07-2012 01:16 PM
Are free – Attributed a professor of economics Mustansiriya University Dr. Maytham and coffee, Wednesday, lack of improvement in the value of the Iraqi dinar against foreign currency to the deterioration of economic conditions and political developments in the country, calling on stakeholders to support the dinar and make it desirable transactions of the Read more…

Economic parliamentary government accuses the banks authorized to deal with “dollar fraud”

Economic parliamentary government accuses the banks authorized to deal with “dollar fraud”

12-07-2012 03:06 PM
Are free – Accused the Economic Commission parliamentary Thursday, departments of government banks authorized to sell and buy dollars with ‘fraud dollar’, saying it will all the necessary measures to prosecute those involved to the case, as well as to approach regulators about it. A member of the Read more…

Five important decisions for the economic cabinet

Five important decisions for the economic cabinet

12/07/2012 0:00

Most notably the lifting of the capital of the TBI to a trillion dinars
venom glands – the morning
recommended to the Committee on Economic Affairs in the Council of Ministers to increase the capital of the Trade Bank of Iraq of 500 billion dinars to the trillion dinars in addition to the four important decisions the other. This was announced for the Read more…

Withdrawal of money from any bank in Iraq in one year

Central: the citizen will pull money from anywhere Baghdad Boisthabv automatic

on 7.11.2012

BAGHDAD / electronic integrity

Detect the Iraqi Central Bank on Monday, on the application system “Division National,” which can be a citizen of the withdrawal of money from any bank in Iraq in one year, considering that this system paves the way for the spread of ATMs across the country, praising at the same time, step-by-Trade Bank of Iraq, by issuing a Visa Gold card .

The commercial bank disclosed a plan for the deployment of ATMs across the Read more…

You must take real action to reduce the high exchange rate of the dinar against the dollar

Mayahi: You must take real action to reduce the high exchange rate of the dinar against the dollar

on 07/11/2012  1:39 p.m.

BAGHDAD / electronic integrity

Student member of the Committee of Economy and Investment parliamentary Aziz Sharif Mayahi Central Bank of Iraq to take real action to reduce the height is not reasonable at the exchange rate of the dinar against the dollar. Read more…

“No Appropriate Time” to Delete Zeros from Iraqi Dinar

MP Abdul Hussein Raisan, of the Ahrar bloc, has said that deleting the three zeros from the Iraqi currency was “inappropriate due to the present economic conditions”.

Citing a Read more…

some “influential” in the Central Bank who are manipulating the exchange rate of the dinar against the dollar

Mayahi demanding sacking of some “influential” in the Central Bank who are manipulating the exchange rate of the dinar against the dollar
Wednesday, July 11, 2012 12:55

[Baghdad – where]

Student member of the Committee of Economy and Investment parliamentary Aziz Sharif Mayahi Central Bank of Iraq to take real action to reduce the height is not reasonable at the exchange rate of the dinar against the dollar, also called the “replacement and removal of some influential people in the Central Bank who are manipulating the exchange rate.”

He said in a press statement received by all of Iraq [where] a copy of it today, “The Central Bank of Iraq is not serious about the procedures carried out by the Read more…

Central Bank: increased allocations of private banks from foreign currency to be sold directly to citizens

Central Bank: increased allocations of private banks from foreign currency to be sold directly to citizens

Wednesday July 11, 2012

BAGHDAD – and babysit – Central Bank of Iraq has decided to request the promotion of private banks on the foreign currency to increase daily dollar allocations for the purpose of selling them directly to citizens.
The deputy governor of Bank of the appearance of Mohammed Saleh told a news briefing that the increase was significant rates where the share of private banks in the past, ranging from Read more…

Finance Committee: Central has the power to replace the currency without reference to the government

Finance Committee: Central has the power to replace the currency without reference to the government

10/07/2012

BAGHDAD / JD / .. announced that the parliamentary finance committee that the central bank has the powers of the replacement of a single currency without reference to the Council of Ministers. A member of the Finance Committee Haitham al-Jubouri in a statement to the Agency correspondent JD / Adnanar / the central bank has the powers of the currency exchange alone without reference to the cabinet that has the support of the Read more…

Commission unveils an agreement on the deletion of zeros

Commission unveils an agreement on the deletion of zeros

09/07/2012 0:00

BAGHDAD – Al Sabah
said a member of the parliamentary finance committee that all parties involved to study the project to delete the zeros from the currency in line with each other and there is no objection to the project. said Secretary Hadi’s (Center Brief for the Iraqi Media Network) The his committee “and the Ministry of Finance and Central Bank do not have any problem to the project to delete the three zeroes from the currency to be considered a project aimed at improving the economy.” Hadi added that “the Finance Committee recommended the Read more…

Specialists: Iraqi private banks far from the global financial crisis

Specialists: Iraqi private banks far from the global financial crisis

on 7.9.2012

E-integrity

He specialized in the field of economics that most of the Iraqi private banks and the 34 banks have been able to achieve the required level of capital for the year 2012 set by the Central Bank of Iraq at 150 billion dinars (128.8 million dollars), an indicator of high financial capacity .

And the development of the Central Bank of the three-phase program in 2009 for banks to raise capital in a move to strengthen the capacity of banks to deal with any crisis you may encounter in a country still trying to rebuild an economy damaged after years of war and economic sanctions . Read more…

Most Iraqi private banks hit capital goal

* Capital increase in three stages

BAGHDAD, July 8 (Reuters) – Most of Iraq’s 34 private banks have reached the central bank’s 150 billion Iraqi dinar ($128.8 million) capital requirement level for 2012, a measure to enhance their financial capability, officials said.

The central bank laid out a three-stage programme in Read more…

Economic Commission: The current economic situation does not allow the replacement of the currency

Economic Commission: The current economic situation does not allow the replacement of the currency
Date: Monday 07/09/2012 0:29
BAGHDAD – A citizen
said a member of the Committee of Economy and Investment MP / National Alliance / Abdul-Hussein Resan Husseini, the economic situation is appropriate to the issue of deletion of zeros from the currency and replace it now.
Husseini said in a statement received (citizen) a copy of it on Sunday, “The process of deletion of zeros of the coin is a change of form and value, noting that such a thing requires legislation law as enshrined in the Constitution. “and Read more…

Private banks in Iraq succeed in increasing their capital

Private banks in Iraq succeed in increasing their capital

Monday, July 9, 2012 12:27

Translation / Baghdadiya News / .. Reuters reported in its report that most private banks have brought to the Central Bank of Iraq $ 150 billion dinars
Iraq is the equivalent of 128.8 million dollars as part of the requirements of the Central Bank in 2012 as officials said that this represents a measure to strengthen its financial capacity.
The central bank has put a plan in three phases starting in 2009 for domestic Read more…