CBI INFO & IRAQI DINAR NEWS

Banks should be required to set the controls for the sale of hard currency to prevent a repeat of smuggled abroad

Haji MP: Banks should be required to set the controls for the sale of hard currency to prevent a repeat of smuggled abroad
On: Tuesday 06/19/2012 10:12

Baghdad (news) .. The member of the Finance Committee MP / mass change / Church Mustafa Haji, to force the banks controls set for the sale of hard currency to prevent a repeat of smuggled abroad.
said Haji (the Agency news) said on Tuesday: The conduct of the Central Bank of the last to open multiple ports for the sale of hard currency in all of Iraqi banks, will help stabilize the Iraqi dinar against the dollar, but it must be punctuated by certain controls require banks to prevent the occurrence of a currency smuggling abroad. He pointed to: Read more…

Vice: Change the form of Iraqi dinar currency does not need a new law

Vice: Change the form of Iraqi dinar currency does not need a new law

06/18/2012 0:00

BAGHDAD – Al Sabah
said the decision of the Economic Commission Deputy Mahma Khalil, that change the shape of the local currency after you delete the three zeroes of which does not require new legislation of its own because the law of Iraqi banks allowed the central bank to issue a new currency and select the shape.
Khalil said: Although the Constitution Iraqi refusal to issue or print a new currency and selection form by the Central Bank without new legislation permits this, but that the law of the Central Bank of the year (2004) grant the Read more…

Iraq moves banking and tax problems for the U.S. Congress

Iraq moves banking and tax problems for the U.S. Congress

17/06/2012

BAGHDAD / JD / .. Announced that the Finance Committee for its parliamentary transfer of banking and fiscal problems that has plagued Iraq to the U.S. Congress. A member of the Committee and the representative of a coalition of state law Haitham Jubouri’s / JD / The “throw the last, which brought together the Commission with a delegation from the U.S. Treasury Department and the U.S. embassy in Baghdad discussed the problems of the banking system and taxation in Iraq, in addition to the multiplicity of revenues and Read more…

Finance Committee: raise zeros from the Iraqi dinar currency early next year ..

Finance Committee: raise zeros from the Iraqi dinar currency early next year .. The theme will draw inside the ziggurat
On: Friday 6/15/2012 8:23

Baghdad (news) .. Explained a member of the Finance Committee MP / National Alliance / Najiba Najib Ibrahim, to postpone the decision to delete the zeros of the process, due to the change form draw a logo represents the civilization of Mesopotamia (ziggurat), which was the agreement of the relevant committees in Parliament and the Central Bank (Financial and Economic Committee) and its implementation in Year (2013) as a result of escalating cash crisis.
said Najib (of the Agency news): The development of the theme ziggurat is one Read more…

Expert: Replace the existing Iraqi dinar currency with another de-zeros will enhance the confidence

Expert: Replace the existing Iraqi dinar currency with another de-zeros will enhance the confidence
On: Saturday 16/06/2012 14:59

Baghdad (news) .. Said economist Maytham and coffee, that the proposal to replace the currency with another, “demilitarized” zeros and switch symbols fee (ziggurat) is the culmination of the efforts of the monetary authority to stabilize the Iraqi dinar exchange rate.
said coffee (of the Agency news) on Saturday: The plans and ideas of the Central Bank in currency exchange is the culmination of the efforts of the monetary authority in stabilizing the Iraqi dinar exchange rate, indicating, that this process will not affect the value of real currency will be just Read more…

Changing the form of currency is necessary to reduce the money supply and does not require a new law

Rapporteur of the Committee of Economy: Changing the form of currency is necessary to reduce the money supply and does not require a new law
On: Sun 06/17/2012 10:40

Baghdad (news) .. According to decision of the Economic Commission deputy / Kurdish coalition blocs / Mahma Khalil, that change the shape of the local currency after deletion of zeros of the three of them do not need new legislation of its own because the law of Iraqi banks allowed the central bank to issue a new currency and select the shape.
Khalil (of the Agency news) said on Sunday: Although the Iraqi constitution, refusing to issue or print a new currency and select the shape by the Central Bank without new legislation permits this, but that the law of the Central Bank of the year (2004) grant the central authority to change the shape of the currency and issued new look . He added Read more…

Deputy: the need for a secure financial cover for all banks is estimated at (250) billion in the central bank

Deputy: the need for a secure financial cover for all banks is estimated at (250) billion in the central bank to avoid banking problems
On: Sun 06/17/2012 14:35

Baghdad (news) .. According to a member of the Finance Committee in Parliament MP from / National Alliance / Haitham al-Jubouri, the need for a financial cover is safe for all banks is estimated at (250) billion deposited with the central bank to avoid banking problems.
Jubouri said (of the Agency news) today Sunday: necessary to have a financial cover is safe for all banks with the central bank to avoid banking problems and to increase bank capital, as well as increase the confidence of the customer bank. The Jubouri: The purpose of the Deposit of the (250) billion Iraqi dinars, in order to compensate depositors their money in a bank is exposed Read more…

Finance Committee: raise zeros from the currency early next year .. The theme will draw inside the ziggurat

Finance Committee: raise zeros from the currency early next year .. The theme will draw inside the ziggurat

6.15.2012 | (Voice of Iraq)

Baghdad (news) explained a member of the Finance Committee MP for the National Alliance Najiba Najib Ibrahim, to postpone the decision to delete the zeros of the process, due to the changing shape draw the logo represents the civilization of Mesopotamia (ziggurat), which was the agreement of the relevant committees in Parliament and the Central Bank (Financial and Economic Committee) and its implementation in the year (2013) as a result of escalating cash crisis. said Najib (of the Agency news): Read more…

Central Bank: slow computational procedures to the observer behind the non-return of the Warka Bank to work

Central Bank: slow computational procedures to the observer behind the non-return of the Warka Bank to work
Date: Thursday, 06.14.2012 7:58

Baghdad (news) .. The Central Bank of the slow action of the observer arithmetic in charge of inventory and control of the assets of the Warka Bank for the lack of return to work at the moment.
Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in a statement (of the Agency news): The Warka Bank is one of the banks civil exposed to the problem of liquidity and wealth Alrismalah Bank have fallen so and under the Banking Act No. 94 of 2004 and the Central Bank Act, that is the central bank the right to custody of the Bank in this case. He added that Read more…

Abdul Hussein al-Yasiri: high exchange rate of the Iraqi dinar by the presence of Central Bank reserves

Abdul Hussein al-Yasiri: high exchange rate of the Iraqi dinar by the presence of Central Bank reserves
Date: Thursday, 14/06/2012 11:52

Baghdad (news) .. Ills member of the Finance Committee MP / National Alliance / Abdul-Hussein al-Yasiri, the high exchange rate of the Iraqi dinar against the U.S. dollar to the presence of central bank reserves.
Yasiri said (of the Agency news) on Thursday: The improvement of the power of the Iraqi economy and central bank reserves and the existence of the private sector private banks contributed to raise the exchange rate Iraqi dinar and the presence of the balance of payments positive, which shows some of the exports of foreign goods more than its imports all of these factors lead to higher exchange rate of the Iraqi dinar against the U.S. dollar. He Yasiri to: Read more…

CBI sets a time limit for banks to reach their capital 250 billion Iraqi dinars

CBI sets a time limit for banks to reach their capital 250 billion Iraqi dinars

14/06/2012 12:58

Baghdad, June 14 (Rn) – The Central Bank of Iraq Thursday he set a time limit for all banks in Iraq to increase their capital and reached the roof of 250 billion Iraqi dinars, indicating that the end of the selection is to improve its dealings banking. and exceeds the number of banks in Iraq, 50 banks and has more than 800 branches spread across the provinces, which still is a number slightly compared with the population. Deputy Governor of Bank of the appearance of Mohammed, told the Kurdish news agency (Rn) “We asked all banks in Iraq by increasing their capital to strengthen their dealings and give Read more…

Government discussed drawing mode ziggurat of Ur to Iraqi dinar currency

Government discussed drawing mode ziggurat of Ur to Iraqi dinar currency

12/06/2012

BAGHDAD / JD / .. Cabinet discussed today, Tuesday, put the drawing on the ziggurat of Ur of the Iraqi currency. He said government spokesman Ali al-Dabbagh told a news conference in Dhi Qar. “The Council discussed during its meeting in Nasiriyah, the idea of ​​drawing on the ziggurat of Ur of the Iraqi dinar currency as a national symbol of the province and historically.” He said al-Dabbagh said the Cabinet decided today to increase the hours of processing of Dhi Qar province with electricity. He added that the council discussed the problems faced by the Read more…

Finance Committee: It is not the prerogative of the Central Bank determine the slogans of the new currency

Finance Committee: It is not the prerogative of the Central Bank determine the slogans of the new currency

13/06/2012

BAGHDAD / JD / .. confirmed that the parliamentary finance committee not to determine the validity of the central bank logos on the new Iraqi dinar currency. A member of the Committee MP for the rule of law, the Secretary Hadi’s / JD / The “logos currency of the new Iraqi dinar supposed to be proposed by the government, and then submitted to Parliament for approval, and not the validity of the Central Bank put these logos as a symbol expressing the homeland “. Hadi demanded the formation of a committee to study the hairs or the characters that will be placed on the currency that will be during the next two years. And between Read more…

Deputy: compel traders to deal with solid banks to prevent money laundering

Deputy: compel traders to deal with solid banks to prevent money laundering
On: Wednesday 13/06/2012 10:53

Baghdad (news) .. The Deputy Chairman of the Finance Committee MP / Kurdish coalition blocs / Ahmed Hassan Faizullah, to compel the Iraqi trader to dealing with international banks sober in transfers of overseas funds set aside the national economy, money laundering and the smuggling of currency.
said Faizullah (of the Agency news) on Wednesday : The money laundering and the smuggling of foreign currency that have appeared recently came through a deal Iraqi traders with banks is internationally known and sober what led to transfer large sums of money abroad without the receipt of goods. He added that the only solution to maintain the value of Iraqi dinar against the dollar is Read more…

Allow for (40) waged a bank to sell the dollar right decision will save the value of the Iraqi dinar

Member of Finance Committee: Allow for (40) waged a bank to sell the dollar right decision will save the value of the Iraqi dinar
On: Wednesday 13/06/2012 12:11

Baghdad (news) .. Praised the Finance Committee MP / National Alliance / Haitham Ramadan Jubouri, the decision granting (40) Musrvat civil strife leave to sell the dollar, calling it a good decision will reduce the price of the dollar against the Iraqi dinar and facilitate the sale.
Jubouri said (of the Agency news) said on Wednesday: The decision of the Parliamentary Committee granting (40) banks, civil strife leave to sell the dollar will increase the dollar amounts involved, which leads to lower its price in front of the Iraqi dinar, noting that the multiplicity of private banks would stimulate the private sector. He added Read more…

Some banking offices became mouths to smuggle currency in collusion with professional gangs

Khbayractsada: Some banking offices became mouths to smuggle currency in collusion with professional gangs
On: Wednesday 13/06/2012 15:43

Baghdad (news) .. Warned the economic expert on behalf of Jamil, the presence of organized gangs exploiting political turmoil to smuggle hard currency outside the country through some of the banking offices, noting that the private banks not related to the smuggling of currency.
, said Jamil (of the Agency news) on Wednesday: Some offices banking official and non-official deployed in several places in the process of smuggling foreign currency out of Iraq, through collusion with Read more…

Dabbagh: The Iraqi government agree to put a picture on the Ziggurat of Ur of the new Iraqi dinar currency

Dabbagh: The Iraqi government agree to put a picture on the Ziggurat of Ur of the new Iraqi dinar currency
Tuesday, June 12, 2012 15:42

Baghdad {: News} Euphrates government spokesman Ali al-Dabbagh, the government’s approval to put a picture on the ziggurat of the new Iraqi dinar currency.

And al-Dabbagh said in a statement to the Euphrates News Agency {} on Tuesday that “the Iraqi government agreed to include the new Iraqi currency a picture of the ziggurat in the ancient province of Dhi Qar.”

And pointed out that Read more…

CBI to impose new restrictions to reduce the leakage of currency outside

CBI to impose new restrictions to reduce the leakage of currency outside   Baghdad (news) .. The adviser North Bank for Finance and Investment wholesome Elias Abou, the central bank issued new instructions for the banks limit the smuggling of currency out of Iraq. Read more…

Lack of banking services reflects the economic crisis in Iraq

BAGHDAD – News Network Iraq – The Central Bank of the country is suffering from a low per capita share of banking services to reach an average to one bank per 40 thousand people, is a big difference from what exists in neighboring countries. Read more…

Central Bank to impose new restrictions to reduce the leakage of currency outside

Bank: Central Bank to impose new restrictions to reduce the leakage of currency outside

On: Tuesday 06/12/2012 14:14

Baghdad (news) .. The adviser North Bank for Finance and Investment wholesome Elias Abou, the central bank issued new instructions for the banks limit the smuggling of currency out of Iraq. 
said Abbou (of the Agency news) said on Tuesday: The Central Bank issued new instructions for the banks include restricting transfer hard currency out of Iraq and the imposition of import license, excluding, transfers are made ​​for the purpose of treatment where the right of the citizen to convert (10) thousand dollars to the price announced by the central bank to submit a medical report Read more…