CBI INFO & IRAQI DINAR NEWS

CBI announces start-up divided the national

CBI announces start-up divided the national

23/06/2012 12:02

Baghdad, June 23 (Rn) – The Central Bank of Iraq Saturday, the start-up divider national in Iraq, which will enable the individual cardholder credit withdraw money from any bank in the whole country without having to rely on the branches of the bank, which was deposited in it. and exceeds the number of Read more…

CBI wants zeros dropped in conjunction with 2013 budget; Calls to accelerate study and form committees

CBI: we will hold the banks that we have the counterfeit currency when you switch the new currency

BAGHDAD -The Central Bank of Iraq that it will hold any bank found in his possession counterfeit currency during the process of switching the currency when you delete the zeros of the three of them. Read more…

Abtan emphasizes the need to adopt a shrine at the top of the new currency

Abtan emphasizes the need to adopt a shrine at the top of the new currency

Thursday, June 21, 2012 15:05

Najaf / Baghdadiya News / .. MP Abdul-Hussein Abtan, Thursday, management of the central bank to adopt a shrine at the top of the new currency.
He told Abtan / Baghdadiya News / Thursday, said that “sanctity of the shrine of Imam Ali and its importance in the history of Iraq makes us insist on the adoption of his image in the new Iraqi currency after zeroing process Read more…

Import of 60 armored vehicles for the transfer of funds between Iraqi banks

Import of 60 armored vehicles for the transfer of funds between Iraqi banks

06/21/2012

BAGHDAD / JD / .. import sources for the Ministry of Finance 60 trucks armored American made, so as to transfer funds between Iraqi banks. The sources said the reporter Agency (JD), “The Ministry of Finance has imported 60 trucks armored American-made, dedicated to the transfer of funds between banks in Baghdad and the provinces, adding that the new trucks armored and can Read more…

Parliamentary Finance: 2013 will see a circulation of two currencies at the same

Parliamentary Finance: 2013 will see a circulation of two currencies at the same

21/06/2012 0:00

BAGHDAD – The morning
drew the Finance Committee, the parliamentary that Iraq will see trading currencies at the same time over the next year 2013 of the circulation of the new currency after deletion of zeros with the survival of currency trading current throughout the year in question. A member of the Finance Committee Hassan Salman’s (Center Brief Media Network Iraq) that Read more…

Give banks the freedom to determine interest rate loans would hurt the national economy

Vice Chairman of Finance Committee: Give banks the freedom to determine interest rate loans would hurt the national economy
Date: Thursday, 21.06.2012 9:04

Baghdad (news) .. Criticized the Vice-President of the Finance Committee MP / Kurdish coalition blocs / Ahmed Hassan Faizullah, the decision to grant Iraqi banks free to determine the interest rate for deposits and loans because it would harm the public interest by making the national economy is regular.
said Faizullah (of the Agency news) is not permissible The Central Bank may Read more…

Finance Committee Member: next year will see the circulation of two currencies at the same

BAGHDAD / Center Brief for the Iraqi Media Network – revealed the parliamentary finance committee that Iraq will see the two currencies traded at the same time over the next year 2013 of the new currency in circulation after deletion of zeros with the survival of the current currency trading throughout the year in question. Read more…

CBI: Problems of taxation and banking sectors

said the central bank deputy governor of the appearance of Mohammed, that the tax system and banking sector suffering from major problems impede the course of banking business.

Saleh said in an interview quoted by the Agency (news): The public taxation and banking are suffering from problems impede the course of their work include mental bank is conscious, which is still in control of the banks and the absence of a culture of tax and the lack of the electronic system to talk. Read more…

Vice: You must bind the specific controls the banks to sell the dollar

called a member of the Finance Committee MP Mustafa Shoresh Haji, to force banks to sell the regulations set out the hard currency to prevent a repeat of smuggled abroad.

Said Haji: The conduct of the Central Bank of the Read more…

Finance Committee Alnibaah: next year will see the circulation of two currencies at the same time

Finance Committee Alnibaah: next year will see the circulation of two currencies at the same
11:55:20 / 06/2012

Moqtada al-Sadr – General
Khandan – revealed the parliamentary finance committee that Iraq will see the two currencies traded at the same time over the next year 2013 of the new currency in circulation after deletion of zeros with the survival of the current currency trading throughout the year in question.

A member of the Finance Committee Hassan Salman told (Brief Center for the Iraqi Media Network) that “the central bank operates in more than six months from now on the position of the deletion of zeros from the Iraqi dinar currency and Read more…

Karbala Governor: the banking system caused reluctance of international companies from investing

Karbala Governor: the banking system caused reluctance of international companies from investing

20/06/2012

Karbala / JD / .. Carried the local government in Karbala backward banking system in Iraq, the responsibility for not Iqbal international investment companies to operate in Iraq in general and especially the city of Karbala, describing the mechanism used by most of the banks Balmahbth. The governor of Karbala, Al-Din hopes the cat in a statement to the correspondent of the agency Iraqi dinars on Read more…

Delete the zeros from the currency is important and will lead to counterproductive in the Iraqi market

Member of the Economic Committee: Delete the zeros from the currency is important and will lead to counterproductive
On: Tuesday 06/19/2012 20:25

Baghdad (news) .. The member of the Economic Commission MP / National Alliance / Salman al-Moussawi, the process of deleting the zeros and replacing the national currency, the process is not important, pointing out that the deletion of zeros from the national currency to be the beginning (2013) would be counterproductive in the Iraqi market.
Moussawi said (of the Agency news news) on Tuesday: The deletion of zeros in the atmosphere is stable Iraqi dinar exchange rate process do not matter either occurred in the current year or next year, indicating the following: Read more…

Central sells $ 192 million at auction Tuesday

Central sells $ 192 million at auction Tuesday
19/06/2012 16:19

Sales from the Iraqi Central Bank Bmzadeh for the sale and purchase of foreign currencies in its session today Iilathaempelg 192 million Dolarbsar exchange rate based on 1166 Iraqi dinars for every dollar.

She auction sales bulletin issued today by the Central Bank received a “gate Iraq,” a copy of that total volume of demand on the dollar of 192 million and 745 thousand dollars, covered by the central bank at an exchange rate basis was 1166 Iraqi dinars to the dollar. ”

Sales were distributed today to demand the amount of cash Hmsh million and 300 thousand dollars, “while sales orders,” the amount of 187 445 000 dollars at the exchange rate was 1179 Iraqi dinars per dollar, including the commission of the Central Bank amounting to 13 dinars per dollar.

Bulletin indicated Read more…

Trade Bank of Iraq calls for the establishment of a unified banking project

Trade Bank of Iraq calls for the establishment of a unified banking project
Tuesday, June 19, 2012 13:46

Baghdad {: News} Euphrates called Trade Bank of Iraq Association of private banks to contribute to the establishment of electronic payments is divided {} inside Iraq to be all private banks under the banking system is one in one of the country.

The Director-General of the Bank of the Iraqi Trade Hamdiya Mahmoud dry in a statement received by the agency {Euphrates News} a copy of it during a meeting of Trade Bank of Iraq with the Association of private banks and the presence of the Iraqi Central Bank announced today that “by a thousand miles begin the step-by-step that we made for the purpose of the Read more…

Parameters of the new Iraqi currency after deletion of zeros

BAGHDAD / JD / .. Central bank decided to adopt some of the features and pictures to be developed on the new currency after deletion of zeros .. Read more…

Director of private banks: the work of Islamic banks is different from the traditional and the Central Bank in connection with the enactment of its own

Baghdad (news) .. Disclosed the Executive Director of the Association of private banks Abdul Aziz Hassoun, the existence of intention by the Central Bank of the enactment of a special Islamic banks, because the work inconsistent with certain articles of the law of Iraqi banks. Read more…

CBI Adviser: tax and banking sector suffering from major problems

Baghdad (news) .. According to central bank adviser appearance of Mohammed Saleh, that the tax system and banking sector suffering from major problems impede the course of banking business.

Saleh said (of the Agency news) said on Tuesday: that both the tax and banking are suffering from problems impede the course of their work include mental Banking unconscious, Read more…

Central Bank discusses draft law on Islamic banking

Central Bank discusses draft law on Islamic banking

Tuesday June 19, 2012

BAGHDAD – and babysit – Central Bank of Iraq discussed a draft law on Islamic banks to organize its work in Iraq.
The deputy governor of the Central Bank of the appearance of Mohammed, “The Islamic banks in Iraq are now the law of banks, 94 of 2004 private banks and usury.”

He added: “The central bank discussed the draft law regulating the work of Islamic banks in Iraq in line with the Islamic religion by granting loans free of interest by and Read more…

Can not say for sure that the central bank has succeeded in reducing the value of the dollar

The multiplicity of outlets selling the dollar to achieve economic gains for the country

19/06/2012 0:00

After that contributed to lower prices and declining rates of inflation
Baghdad – Haider Filaih spring
can not say for sure that the central bank has succeeded in reducing the value of the dollar, which reached record levels in recent months, but he (Central) end and to a large degree of persistence of high dollar against the Iraqi dinar, and succeeded to impose a monetary policy aimed at reducing the high rate of inflation, which could be receiving due to Read more…

The multiplicity of outlets selling the dollar to achieve economic gains for the country

After that contributed to lower prices and declining rates of inflation

can not say for sure that the central bank has succeeded in reducing the value of the dollar, which reached record levels in recent months, but he (Central) end and to a large degree of persistence of high dollar against the dinar, Read more…