CBI INFO & IRAQI DINAR NEWS

Council of Ministers calling for a patient to change currency

Council of Ministers calling for a patient to change currency

Babylonian News / Baghdad pm 1:30 Thursday, 5/7/2012

Called on the Secretariat of the Council of Ministers of Iraq, Thursday, to be patient in the case of deletion of zeros from the currency and change, arguing that the mere thought of the withdrawal of about 40 trillion dinars, storage and destruction needs a serious study of the subject.

The Secretary-General of the Council of Ministers on the Keywords that “the government’s view in the case of deletion of zeros from the currency, and Read more…

Banking expert: Iraqi dinar to the economic stability needed to be desirable abroad

Banking expert: Iraqi dinar to the economic stability needed to be desirable abroad

on 07/05/2012

Integrity electronic / Baghdad

Likely beneficial financial expert Elias Abou, the cause of the unwillingness of countries in the world to deal with the Iraqi dinar exchange rate to fluctuate in front of hard currency and the absence of political and economic stability in the country .

Abbou said on Wednesday: The monetary policy pursued by the Central Bank refused to bear the responsibility of regional countries and international dealing in Iraqi dinars, because Read more…

Expert: need for the stability of the dinar in order to be desirable in the outside

Expert: need for the stability of the dinar in order to be desirable in the outside

05/07/2012 0:00

BAGHDAD – Al Sabah
attributed the financial expert, wholesome Elias Abou, the cause of the unwillingness of countries in the world to deal with the Iraqi dinar to the fluctuation in the rate of exchange against foreign exchange and the absence of political and economic stability in the country. said Abbou in a press statement he made to the Agency (news): The monetary policy followed by the central bank responsible for rejection of the regional countries and international dealing in Iraqi dinars, because they do Read more…

Central Bank introduces a way to follow up the disbursement of funds abroad and to prevent smuggling

Central Bank introduces a way to follow up the disbursement of funds abroad and to prevent smuggling
Date: Thursday, 05/07/2012 10:47

Baghdad (news) .. Deputy Governor of the Central Bank of the appearance of Mohammed, the granting of banks licensed to sell hard currency the responsibility of checking foreign currency transferred abroad for the purposes of travel, treatment, or trade, to reduce the smuggling of hard currency.
Saleh said (of the Agency news) said on Thursday that the Central Bank can not monitor all funds that come out of the country Vtm develop a way to follow up Read more…

The new currency will be charged (36) security feature to prevent forgery

Member of Finance Committee: The new currency will be charged (36) security feature to prevent forgery
Date: Thursday, 05/07/2012 11:58

Baghdad (news) .. A member of the Finance Committee MP / National Alliance / Haitham al-Jubouri, the existence of (36) feature in the new currency to ensure that no forgery.
Jubouri said (of the Agency news) on Thursday: There are a lot of specifications will have to (36) feature ensure that Amaknyh forgery , while the current currency in which (8) features. He explained: that the categories that Read more…

The results of the disappearance of money from the “DFI” fund

Of an investigative committee: We have not until now to the results of the disappearance of money from the fund the “DFI”

05/07/2012 12:48

Baghdad, June 5 (Rn) – The parliamentary committee tasked with investigating the disappearance of the subject of money from the Development Fund for Iraq on Thursday, said the investigation is still ongoing without access to the results, indicating that the investigation is limited in the 2004-2005 period has shown the presence of U.S. civil administrator Paul Bremer in the country . Iraqi authorities say the money spent from the “Development Fund for Iraq,” Read more…

Central set a date early next year to launch the new currency

Central set a date early next year to launch the new currency

on 07/04/2012

BAGHDAD / electronic integrity

Select Central Bank of Iraq beginning in 2013 put forward the date for the new Iraqi currency after deleting three zeros of them, said Central Bank Governor Sinan Shabibi that there are many measures and many misgivings on the bank is keen to implement the process of currency exchange, safe and easy. ” Read more…

Investment Authority: Basmajh premiums paid in dinars and turning to the dollar at the official rate

Investment Authority: Basmajh premiums paid in dinars and turning to the dollar at the official rate

07/04/2012

BAGHDAD / JD / .. Confirmed that the National Investment Commission that the premiums paid in dinars Basmajh complex and provide for banks to transfer to the dollar at the official rate of the Central Bank of Iraq. The authority said in a statement received / JD / copy of it: assure the honorable citizens enrolled in the residential project Basmajh pay their premiums through the banks in Iraqi dinars allocated for this purpose. The statement said: The payment of installments will be in all branches of the Trade Bank of Iraq TBI, identified as one branch of Read more…

The central bank is likely to put in the new currency (01/01/2013)

The central bank is likely to put in the new currency (01/01/2013)

07/04/2012

BAGHDAD / JD / .. most likely the central bank put the new Iraqi currency after deletion of zeros in the first of January. The governor of the central bank’s Shabibi / JD / “The Bank will work to put up the new Iraqi dinar currency after deleting three zeros in the 1/1/2013” .. The central bank governor, “there are many procedures and many misgivings Bank is keen to implement them in order to be the process of replacing the currency safe and easy” .. The Finance Committee, the Read more…

Central Bank puts the controls to reduce the counterfeiting of currency substitution when…

Central Bank puts the controls to reduce the counterfeiting of currency substitution when

07/04/2012

BAGHDAD / JD / .. A member of the parliamentary finance committee and the representative of the Kurdistan Alliance Church Mustafa that the controls set by the central bank to switch the Iraqi currency took place in coordination with the government .. Said Mustafa’s / JD / “The central bank put instructions and controls on the process of switching the new currency in coordination with Read more…

Parliamentary Finance: budget 2013 will be the new currency after deleting three zeros

Parliamentary Finance: budget 2013 will be the new currency after deleting three zeros

Wednesday July 4, 2012

BAGHDAD – and babysit – announced that the parliamentary finance committee, that the 2013 budget next year will be the new currency after deleting three zeros from the current currency, arguing that the reluctance of traders and companies from trading in Iraqi currency behind the adoption of the Central Bank of the project to delete the zeros.
Said committee member Najia Najib said that “the budget next year will handle the new currency after deleting three zeros from the current currency,” stating Read more…

Member of Finance Committee: banking offices should be monitored to curb the smuggling of foreign currency

Member of Finance Committee: banking offices should be monitored to curb the smuggling of foreign currency
On: Wednesday 07/04/2012 10:03

Baghdad (news) .. The member of the Finance Committee MP / coalition in Iraq / Ibrahim al-Mutlaq, to tighten legal controls on the work of bureaux de change and money orders to curb the smuggling of foreign currency abroad.
Mutlaq said (of the Agency news) said on Wednesday: Although the smuggling of currency found in all countries the world and performed in different ways, but they are to varying degrees from country to country, but the proportion of currency smuggling in Iraq are great, and began to spread rapidly due to the absence of actual control Read more…

Financial expert: the Iraqi dinar to the economic stability needed to be a desirable out of Iraq

Financial expert: the Iraqi dinar to the economic stability needed to be a desirable out of Iraq
On: Wednesday 07/04/2012 12:10

Baghdad (news) .. Attributed the financial expert, wholesome Elias Abou, the cause of the unwillingness of countries in the world to deal with the Iraqi dinar to the fluctuation in the rate of exchange against foreign exchange and the absence of political and economic stability in the country.
said Abbou (of the Agency news) said on Wednesday: The monetary policy pursued by the central bank responsible for rejection regional countries and international dealing in Iraqi dinars, because Read more…

Finance Committee: will be deleted zeros from the Iraqi currency early next year

Finance Committee: will be deleted zeros from the Iraqi currency early next year

on 7.3.2012

BAGHDAD / electronic integrity

Confirmed that the parliamentary finance committee that it will delete the zeros of the Iraqi currency early next year, noting that the project has been studied thoroughly and in detail of the central bank.

A member of the Committee Najiba Najib’s newspaper “integrity of electronic” Today, the committee concluded that the central government and the Read more…

High and clear Sarsrv the dollar against the Iraqi dinar and uncertainties of a new high

High and clear Sarsrv the dollar against the Iraqi dinar and uncertainties of a new high
On: Tuesday 7/3/2012 8:25

BAGHDAD – A citizen
saw the Iraqi market a substantial rise in the price of the dollar against the Iraqi dinar. According to traders in the Iraqi market, asserted that the Iraqi dinar exchange rate has plummeted against the U.S. dollar when the price of the dinar against the dollar 126 000 dinars for the paper category percent dollars after it was not to exceed 123 000 KD of the paper Faih percent dollars. He attributed these this fall at the Iraqi dinar to reduce the central bank to the Read more…

Central Bank is looking forward to the adoption of the new currency in the budget of 2013

Central Bank is looking forward to the adoption of the new currency in the budget of 2013

On: Tuesday 7/3/2012 0:45

 Baghdad / range
expressed the Iraqi Central Bank hoped the adoption of new local currency after deletion of zeros in the country’s budget for next year, while stressing that he put the finishing touches to a roadmap for the process to delete the zeros. central bank says it completed a road map to get rid of three zeros from the currency to reduce the money supply and ease of financial transactions in line with the new situation of the Iraqi economy.

But the government and the Securities Commission Read more…

Invitation to adopt a sophisticated banking system is applied gradually and reduces the role of government

Invitation to adopt a sophisticated banking system is applied gradually and reduces the role of government

03/07/2012 2:54

BAGHDAD – Al Sabah
pay most of the economists of the banking sector much attention for his role in the development and there is a consensus that the banking sector has seen some shifts in its direction according to the shift in economic philosophy of the country in order to keep up with current developments in the world, and with the central bank and Ministry of Finance are working on improving Read more…

Banking: the banking system “fragmented” and the need to establish a major contributor to Bank

Banking: the banking system “fragmented” and the need to establish a major contributor to Bank
On: Tuesday 07/03/2012 13:15

Baghdad (news) .. Suggested that the Executive Director of the Association of private banks Abdul Aziz Hassoun, establishment of the bank a significant contributor to the result from the merger of banks, civil small with the government to prop up and support the strategic projects in the country.
said Goldfinch (of the Agency news) said on Tuesday: The banking system in Iraq, scattered and has no active role in contribute to the Read more…

A new high for the price of the dollar exchange!!!

A new high for the price of the dollar exchange

Babylonian News / Baghdad

pm 3:40 Monday, 2/7/2012

Saw the Iraqi market a substantial rise in the price of the dollar against the Iraqi dinar. According to traders in the Iraqi market, the Iraqi dinar exchange rate has plummeted against the U.S. dollar when the price of the Iraqi dinar against the dollar 126 000 dinars for the paper category percent dollars after it was not to exceed 123 000 dinars for the paper category percent dollars . He attributed these this fall at the Iraqi dinar to reduce the central bank to the Read more…

CBI hopes to adopt the new currency in 2013 budget

CBI hopes to adopt the new currency in 2013 budget

02-07-2012 10:16 AM
Are free – He Central Bank of Iraq Sunday for hope the adoption of new Iraqi currency after deletion of zeros in the country’s budget for next year. The central bank says it completed a road map to get rid of three zeros from the currency to reduce the money supply and ease of financial transactions in line with the new situation of the Iraqi economy. but government and the Securities Commission Ibdita Khchithma that affect the process negatively on the financial trading market in Iraq Stock Exchange. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, said that ‘the process of Read more…