CBI INFO & IRAQI DINAR NEWS

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…

Finance Committee proposes issuing coins category (50) and (100) thousand dinars instead of deleting the zeros

Member of Finance Committee proposes issuing coins category (50) and (100) thousand dinars instead of deleting the zeros
Date: Monday 07/09/2012 11:06

Baghdad (news) .. Member suggested the Finance Committee MP / National Alliance / Hussain Yasiri, issue new categories of the (50) thousand dinars, (100) thousand dinars, the currency current instead of deleting the zeros of the three of them, the fact that the current circumstances do not allow changing money.
Yasiri said (of the Agency news) said on Monday: There are many problems that will accompany the re-structuring of the currency after you delete the zeros of the three of them when applied will cause Read more…

The Iraqi government to delete the zeros Ttrat

The Iraqi government to delete the zeros Ttrat

on 8/7/2012

BAGHDAD / electronic integrity

The Iraqi government announced that it had decided to wait in the case of deletion of zeros from the currency and change, because of the enormous money supply that must be stored and destroyed, at a time through the Central Bank of Iraq for the first time about his understanding of this decision .

The Secretary-General of the Council of Ministers on the Keywords, said in a statement, said that «the point of view of the government in the case of deletion of zeros from the currency, and change, is a patient in the topic Read more…

Most of the Iraqi private banks achieved the required level of capital

Most of the Iraqi private banks achieved the required level of capital

Posted 08/07/2012 04:41 PM

BAGHDAD (Reuters) – Officials said 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 Read more…

Central Bank: Switch currency and delete zeros take two years

Central Bank: Switch currency and delete zeros take two years

Saturday, July 7, 2012 11:00

BAGHDAD / Baghdadiya News / .. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, said that the process of switching the currency and delete zeros will not be completed this year and completion will take approximately two years.
Saleh said the agency / Baghdadiya News / Saturday, the preparations and preparations for the process of switching the currency and delete zeros began more than a year and will take approximately two years.
He pointed out that “the completion of the project to improve the payments Read more…

Parliament affirms the right of the central bank in the currency switch

Parliament affirms the right of the central bank in the currency switch

Date: Monday 07/09/2012 0:54

 Baghdad / term
of the Finance Committee, member of the parliamentary Haitham al-Jubouri that the central bank told the Committee that the process of deletion of zeros past although he called on the government to wait to the right of the central bank to alter the local currency.

Jubouri’s / JD / Deputy Governor of the Central Bank of the appearance of Mohammed Saleh on the sidelines of a meeting with him that the bank past the process of deletion of zeros will be put currency in the first of next January or after a short time.
The Jubouri: The Central Bank is working to convince the government positive Read more…

Economics: Beware. . Rafidain Bank is in danger!

Economics: Beware. . Rafidain Bank is in danger!

Date: Monday 07/09/2012 0:58

 Abbas Ghalibi
exceed the money supply in each of the Rafidain and Rasheed government Aotaidan exceeded 30 trillion dinars, at the time attributed the Chancellor General Manager of Rafidain Bank agency Zia Alckheon why stop the bank advances and loans to poor liquidity.

In the face of this statement strange wonder, which called Alckheon to mention this reason is not convincing at all, at the time talking data on capital, deposits and liquidity of a bank opposite, and have been better for him to look for another reason, as his bank is one of the largest banks, the Iraqi government Read more…

Shabibi and Maliki discuss patient as the process of switching the currency

Shabibi and Maliki discuss patient as the process of switching the currency

07/07/2012

BAGHDAD / JD / .. the face of the central bank official letter to the Iraqi Council of Ministers includes a positive process of switching the currency .. A member of the Finance Committee and the parliamentary bloc MP for the Liberal Majida al-Tamimi’s / JD / “The Central Bank Governor Sinan Shabibi met with Prime Minister Nuri al-Maliki and Tbagesa wait on the process of switching the currency and delete zeros and the money supply” .. Tamimi said that “the Central Bank of the official letter to the Council of Ministers to ensure the process of switching the Read more…

Abdul-Hussein Resan: the envelope is not appropriate to delete the zeros

Abdul-Hussein Resan: the envelope is not appropriate to delete the zeros

08/07/2012

BAGHDAD / JD / .. Member of the Committee sees the economy and investment on the mass of the parliamentary Liberal MP Abdul-Hussein al-Husseini Resan that the economic situation is appropriate to the issue of deletion of zeros from the currency in time banning. Husseini said in a press statement received written / JD / copy of it: that the process of deletion of zeros from the Read more…

Central Bank: are continuing the process of deletion of zeros

Central Bank: are continuing the process of deletion of zeros

08/07/2012

BAGHDAD / JD / .. According to a member of the Finance Committee and the representative of the parliamentary coalition of state law, Haitham al-Jubouri that the CBI told the Committee that he’s past the process of deletion of zeros in spite of the demands of the government to wait .. And the transfer of Jubouri’s / JD /: Deputy Governor of the Central Bank of the appearance of Mohammed on the sidelines of a meeting with him yesterday, “that the bank past the process of Read more…

Economic parliamentary: the central bank attempts to replace the currency is unconstitutional

Economic parliamentary: the central bank attempts to replace the currency is unconstitutional

Saturday July 7, 2012

BAGHDAD – and babysit – A member of the Committee of Economy and Investment parliamentary Salman al-Musawi, “the central bank’s attempts to replace the currency is unconstitutional and will lead the country towards the unknown.”
He said in a statement: “I do not have the right to replace the central bank currency because the article / 110 / of the Constitution stipulates that the authorities have the right to draw the federal fiscal policies and the issuance of Read more…

Currency’s strength and looking to the future

Currency’s strength and looking to the future

07/08/2012 0:00

D. The appearance of Mohammed Saleh
, despite the severity of changes in the political environment that have occurred in our country since 2003 and tugging the strong sustained political and social landscape and the National Economic and upload the country a lot of volatility, stability and Maravgah of concern and worries in the path of building democratic life and the advancement of the state of modern, it has been policy monetary stability, a tent, which gave a strong national currency dimension to the unity and cohesion of the country’s sovereignty to the fact that currency is a symbol of sovereignty as a purchasing one interacts with it all. To hide the national currency which basis the Iraqi dinar and Read more…

The process of removing zeros from the currency will address the economic inflation and facilitate trade

Member of the Economic Commission: the process of removing zeros from the currency will address the economic inflation and facilitate trade
On: Saturday 07/07/2012 14:19

Baghdad (news) .. The member of the Economic Commission MP / National Alliance / Amer Hussein Fayez, that the decisions of the Finance Committee and the Central Bank in the process of removing the zeros from the currency will address the economic inflation exists and facilitate trade.
said Fayez (of the Agency news) on Saturday: The process of deletion of zeros will help citizen in the ease of doing business and the exchange of currency and Read more…

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

Member of the Economic Committee: The current economic situation does not allow the replacement of the currency
On: Sun 08/07/2012 9:33

Baghdad (news) .. 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 by the Agency (news) a copy of it on Sunday: The process of deletion of zeros from the currency is a change of form and value, noting that Read more…

CBI identifies $ 10 million per day for each bank his capital 250 billion dinars…

CBI identifies $ 10 million per day for each bank his capital 250 billion dinars for the sale of currency

08/07/2012 14:06

Baghdad, July 8 (Rn) – The Central Bank of Iraq, Sunday, he decided to determine the $ 10 million a day, for banks with Heads of money, which is approaching 250 billion Iraqi dinars to promote the sale of hard currency in order to ensure she went to the private sector trade of Foreign Affairs. Deputy Governor Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the Bank identified $ 10 million in hard currency for Read more…

Iraq is short on foreign remittances to curb the smuggling of money

Iraq is short on foreign remittances to curb the smuggling of money

Posted 06/07/2012 07:32 AM

BAGHDAD – Ali Naseer
varied reactions to monetary policy specialists with regard to the Iraqi Central Bank’s decision to close all banking offices is licensed from it, and restricting transfers of State banks. And supported the move and some experts saying that it came too late and should have been applied since 2003 to stop the smuggling of funds abroad, while others called for the imposition of electronic monitoring.

The Deputy Governor of the Central Bank of Iraq the appearance of favor in an Read more…

Member of the economy: the central bank attempts to replace the currency is unconstitutional

Member of the economy: the central bank attempts to replace the currency is unconstitutional

Friday July 6, 2012

BAGHDAD – and babysit – A member of the Committee of Economy and Investment parliamentary Salman al-Moussawi said the central bank attempts to replace the currency is unconstitutional and will lead the country towards the unknown, which may not be bad consequences.
Al-Moussawi said in a press release received news agency public opinion (and babysit) a copy of it today, “no right to the central bank currency exchange, because Article 110 of Dezturalaraca Read more…

Budget containing the financial surplus of oil added to the money retained from the previous budget.

Deputy: the supplementary budget containing the financial surplus of oil added to the money retained from the previous budget.
On: Friday 7/6/2012 9:03

Baghdad (news) .. Rule out the Vice-President of the Finance Committee MP / Kurdish coalition blocs / Ahmed Hassan Faizullah, the vote on the bill the supplementary budget in the coming days, indicating that it contains the financial surplus from oil sales and the money retained from the previous budget.
said Faizullah (of the Agency news): The draft law on Read more…

Expert: the need to encourage citizens to handle credit card transactions to facilitate banking

Expert: the need to encourage citizens to handle credit card transactions to facilitate banking
On: Friday 06/07/2012 11:14

Baghdad (news) .. Emphasized the economic expert Ikram Abdul Aziz, the importance of working credit card bank and encourage citizen to deal with through awareness and education programs to facilitate the transactions banking.
said Abdulaziz (of the Agency news): The system of credit cards is one of the systems technological modern, which came to the banking and spread in all countries the world, but Iraq is still behind them because of failure for many years for technical Read more…

Finance Committee: The process of withdrawal of the old currency will continue for two years through banks

Member of Finance Committee: The process of withdrawal of the old currency will continue for two years through banks
On: Friday 06/07/2012 13:54

Baghdad (news) .. According to a member of the Finance Committee MP / National Alliance / Najiba Najib Ibrahim, that the central bank has taken several measures to replace the Iraqi currency in coordination with the Finance Committee.
said Najib (of the Agency news): The Central Bank and in coordination with the Finance Committee has taken many measures to replace the Iraqi currency include withdrawal of old currency over the years and handed over to the banks which in turn will deliver the currency to the Central Bank over the ten years to destroy. He j: in early 2013, will pump the currency in the market along with the old currency, indicating that measures to withdraw currency will continue for two years, and will several banks of receipt of the currency old in all parts of Iraq. and Najib confirmed: that two years after the new currency will be available in local markets after the end of the value of old currency. / End / 21. d. Q /
Source: ikhnews