CBI INFO & IRAQI DINAR NEWS

Member of the Parliamentary Integrity: financial and administrative corruption in the auction the central bank and there are third parties is controlled by

Thursday, April 26 / April 2012 08:20

Baghdad {: News} Euphrates accused member of the Parliamentary Committee on Integrity Algehiche Osman, did not identify points behind the rise in the value of the dollar against the Iraqi dinar, confirming the presence of financial and administrative corruption in the two major auction the central bank.

He said Algehiche, told {Euphrates News} “There are third-party controls the value of the dollar in order to achieve their personal interests taking advantage of Read more…

Deputy: Iraqi dinar will arrive to its price (1166) against the dollar

26/04/2012 0:00

BAGHDAD – Al Sabah 
expected decision of the Committee of Economic parliamentary deputy / Kurdistan Alliance bloc / Mahma Khalilzad, the restoration of the Iraqi dinar and normal in the coming period, after the necessary measures taken by the monetary policy to fetch up to (1166) dinars to the dollar. 
Khalil (of the Agency news) said on Wednesday: The monetary policy of Iraq Read more…

Director of private banks: negotiations for a global partnership with the Iraqi banks with their own money and banking duties

On: Friday 4/27/2012 9:11

Baghdad (news) .. Said Director of the Association of private banks Abdul Aziz Hassoun, the Bank of Qatar will contribute to the capital of Al-Mansour Bank and the National is not involved with him, indicating he would help Al-Mansour Bank to perform transactions Foreign Kalhawwalat and instruments. 
The Bank of Qatar has obtained the approval of the Central Bank of Iraq to buy half shares of Bank Al-Mansour Al-Ahli . 
said Goldfinch (of the Agency news): Read more…

CBI accused of four countries to “conspiracy” on the economy of the country

27/04/2012 09:03

Baghdad, April 27 / April (Rn) – accused the CBI Friday four of the “conspiracy” to hit the financial economy of Iraq to empty its market of its financial strength indicating that the corridors of free trade in Iraq is becoming the means adopted to hit the economy. saw the price of the dollar relative to local currency rose in the days the past, which he attributed Officials companies banking on local stop Central Bank sales of foreign currency. and picked up local media reported the widening phenomenon of smuggling hard currency from Iraq to Syria and Iran on the border crossing points which unless confirmed by the Central Bank of Iraq. and subject Iran because of its nuclear program and Read more…

Editorial: CBI reserves and surplus State budget and coordination required

Dr. Abbas Fadel Mehdi

Iraqi economists network

Whirlwind media have raised attempting to enter the Prime Minister’s Office in details the work and functions of the Central Bank to increase speculation on dinar.

And which contributed to heightened speculation is scientifically unjustified remarks and one economist close to statistically Prime Minister about the need for foreign exchange reserves deductible, regardless of whether or not the possibilities of constitutional, legal and economic angles. Such statements are considered in content, timing and outgoing references close to encourage speculators to bet on the deterioration of the exchange rate and lead them to more speculation, and this regardless of the role of States bordering Iraq to sell dinar to buy the dollar within the Iraqi market. Read more…

CBI begins restructuring auction

Baghdad, April 26 / April (Rn) – The Central Bank of Iraq, Thursday, for he began to restructure the public auction and the development of financial dealings and improve the performance of its employees, denying at the same time cancel or convert it to a commercial bank last.   Deputy Governor of Central Bank of Iraq appearance Mohamed Saleh, told the Kurdish news agency (Rn) that “the central bank decided to restructure the work of the auction and the development of financial dealings with customers and improve the performance of its employees are compatible with the challenges of the future to the process of selling the currency.” Read more…

Member of the Parliamentary Integrity reveals the existence of corruption in the Central Bank auction

A member of the Integrity Commission Parliamentary Osman Algehiche the existence of financial and administrative corruption “great” in the auction the central bank, accusing the parties did not call it behind the rise in the value of the dollar against the dinar. Read more…

CBI confirms foiled robbery attempt [7] trillion dinars from some of its banks and is described as “absurd conspiracy”

The Central Bank of frustration trying to steal seven trillion dinars from some of its banks.   The deputy governor of Bank of the appearance of Mohammed Saleh told all of Iraq Read more…

CBI confirms the abandonment of an auction sale of foreign currency

Baghdad, April 25 (Rn) – The Central Bank of Iraq Wednesday, about his quest for the transfer of an auction sale of foreign currency (the dollar) to a commercial bank government, saying the auction is not within its terms of reference, and criticized in a living the same accusations made against him on the mechanism adopted by the sell the currency.   saw the price of the dollar relative to local currency increased during the past few days, which is attributed by officials of companies banking local to stop the central bank sales of foreign currency Read more…

Delete The Zeros Of The Interface Dinaraaud Media

A member of the Economic Committee in the Iraqi Parliament’s decision to wait delete the zeros and the restructuring of the Iraqi currency was the result of Alakhlavat (disagreement) existing between the political parties.

Said Mahma Khalil in a statement that the Economic Commission emphasized the re-structuring of the Iraqi currency and the issuance of new currency Read more…

Iraqi dinar will regain its natural and its price will reach to the (1166) to the dollar

Baghdad (news) .. Expected decision of the Committee of Economic parliamentary deputy / Kurdish coalition blocs / Mahma Khalilzad, the restoration of the Iraqi dinar and normal in the coming period, after the necessary measures taken by the monetary policy to fetch up to (1166) dinars to the dollar.   Khalil (of the Agency news) Wednesday: The monetary policy of Iraq and of the Central Bank has taken necessary measures for the return of Iraqi dinar to normal and Read more…

CBI: Sntkhaly for auction sale of hard currency for the benefit of a State-owned banks

04/25/2012   Central Bank of Iraq, Wednesday, that he would give up an auction sale of hard currency in the coming days for the benefit of a State-owned banks, while stressing the arrival of foreign exchange reserves to $ 63 billion, pointed out that the daily sales of more than fifty times the need for Iraq.   The deputy governor of the Bank Mazhar Mohammad Saleh in an interview for “Alsumaria News”, “Central Bank of Iraq would work during the coming period, in agreement with Read more…

Economist: instability of the value of the dollar to dinar behind gold price volatility locally

Date: Wednesday, 25-04-2012   Baghdad (newsletter) … Economic expert explained the reasons for fluctuations in the price of fictitious Majed gold in local markets due to the instability of the exchange rate of US dollar to Iraqi dinar.   He mock (News Agency news) on Wednesday: the instability of the exchange rate of US dollar to Iraqi dinar current period behind the gold price volatility in the local market, the fact that Read more…

Shabibi: Iraq’s reserves $ 60 billion (Shabibi Interview)

Posted 22/04/2012 12:00 AM
January 2013: KD without zeros 
detect Iraqi Central Bank Governor Dr Sinan Shabibi, in a dialogue with the «weekly» that the restructuring of the national currency, starting with the deletion of zeros from the dinar, a very important step, because they relate to the direct purchasing power and inflation. The Shabibi that the central bank independent, which is directly responsible for monetary policy, exchange rates and foreign reserves management and the organization of the banking sector. The details of the interview: Read more…

Trade Bank of Iraq announces increase its appropriation by 8% for the first quarter of last year

Tuesday April 24, 2012

Sumerian News / Baghdad 
announced the Trade Bank of Iraq, Tuesday, for recording an increase of 8% Batmadath for the first quarter of last year, when he said that he re-structured to develop the nature of his work, he denied allegations some government employees and the presence of obstacles in completing their transactions. The Director-General Agency and Chairman of the Board of Directors Hamdiya Mahmoud dry in a statement issued today, and Read more…

Washington extended the protection of Iraqi funds deposited with it

23.04.2012

Iraq was able to get a new extension provides protection and immunity for his money deposited in U.S. banks for a period of one year ends in May of next year. There has been an extension by the Iraqi delegation in the United States and composed of representatives of the Central Bank, the Ministry of Finance, the Finance Committee of the House of Representatives. delegation made ​​an official request on behalf of the Government of Iraq to the U.S. government to Read more…

An economist is bad monetary policy and the Iraq Central Bank reveals the conflicts of interest

Tuesday, April 24, 2012 17:15

BAGHDAD / Baghdadiya News / .. counting economist monetary policy in Iraq as one of the worst policies, calling for the World Bank to review, and as revealed deputy governor of the Central Bank of the existence of a conflict of interest detrimental to monetary policy, said Secretary General of the Council of Ministers that the last period saw Directed billion of dollars in Iraq.

He and former Minister of Planning Mahdi Al-Hafiz told / Baghdadiya News /, said that “monetary policy in Iraq is very bad and the World Bank review,” noting that “the Iraq policy of cash could not continue in this case, you can not keep the money vulnerable to looting.” Read more…

CBI calls for World Bank to review Iraqs monetary policy

On: Tuesday 04/24/2012

IMF gets the additional resources

04/23/2012 0:00

Decline in the value of Iraqi dinar against the dollar markets, the Kurdistan

23/04/2012 17:00

Erbil, April 23 / ​​April (Rn) – refers jewelers and shop owners of banking in the province of Kurdistan, to the high price of gold and U.S. currency in the markets of the region, so that a negative impact on commercial activities. Markets for Iraq and the Kurdistan region, since a few weeks, fluctuated significantly in the value of U.S. currency and gold , which impact negatively on business events and cause in raising the price of materials.The deputy head of the union chapel Kurdistan, Bakr Muhammad, told the Kurdish news agency (Rn) that Read more…