CBI INFO & IRAQI DINAR NEWS

Central maintains the value of the dinar

19/04/2012 0:00

Following a drop in the dollar exchange rate 
BAGHDAD – Haider Filaih Rubaie 
returned dollar prices to witness Asagrara price reached after a rally last week’s, Analysts attributed the cause of the falling exchange rate of foreign currency against the dinar to the measures and actions taken by the Central Bank as well as the procedures and calls for intensive government stressed the need to reduce the prices of the dollar as soon as possible, something that happened Read more…

Member of Finance Committee: hard currency smuggling in several ways .. most notably the offices of remittances

Date: Thursday, 04/19/2012 11:32

Baghdad (news) .. A member of the Finance Committee MP / coalition in Iraq / Ibrahim al-Mutlaq, there are several ways to drain the hard currency of the country, due to the weak government’s control over border crossings, which led to increase the value of the dollar against the dinar. 
Mutlaq said (of the Agency news) on Thursday: Read more…

Iraq is a committee to investigate an unknown trying to scam $ 7 trillion dinars

19/04/2012 08:41

Baghdad, April 19 (Rn) – The Finance Committee of the Iraqi Council of Representatives on Thursday, the formation of an investigative committee for the detection of trying to defraud the government $ 7 trillion Iraqi dinars using forged documents, indicating that the fraud was discovered by the exchange amount. The phenomenon is second of its kind suffered by Iraq to defraud by unknown destinations, after trying to steal $ 1.7 billion in contracts Abermthma the Ministry of Electricity with two turned out they were two and Hmetin. said committee member Najiba Najib told the Kurdish news agency Read more…

Finance Committee: deposit in banks when switching the currency would be one place

2012-04-18

Baghdad/JD/…The parliamentary Finance Committee revealed on certain categories of new currency the Central Bank works to process delete three zeros from the small groups are large and metal and paper, noting deposit in banks when switching the currency would be one place. Committee Member said Majida Al-Tamimi l/JD/”groups within the new currency will be a small metal after deleting zeros and large groups (50) will be” 50 dinars “, (100)” one hundred dinars “, equivalent to (50.000)” or “fifty thousand (100,000),” hundred thousands JD “at the present time.Tamimi said Read more…

The continuing controversy between the Iraqi government and the central bank weakens the value of Iraqi dinar

18-04-2012

Did not put the war between the Iraqi government and the central bank is over after. While the Bank approved the deletion of three zeros from the Iraqi currency as part of the policy that the bank decided to follow to keep the Iraqi dinar, the continuing rise in the dollar against the Iraqi dinar, which has now reached to 130 thousand Iraqi dinars for the paper green per one hundred dollars, after the exchange rate Throughout recent years, semi-fixed (120 thousand dinars per green of the paper) has opened the appetite of government intervention wide.
The government accused the central bank and its governor, Dr. Shabibi Read more…

Assurances aggressively Iran and Syria to buy the dollar

On: Wednesday 18/4/2012 6:32

 ideas about Iraq 
 recently landed value of the Iraqi dinar against the U.S. dollar, the dinar because of the process of switching the huge dollar during the past few months, causing a drop in value. The reason for this is not a natural chain of events, and but counterfeiters and money-laundering and fraud, which is linked to some of the governments of Syria and Iran. Reports said that the exchange of a huge place in Iraq since the beginning of the year. In April 2012, the Economic Commission warned that the parliamentary foreign countries pump fake dinars to Iraq. And said Read more…

Efforts to search for solutions and actions supportive of the strength of the Iraqi dinar

04/18/2012 0:00

Baghdad Yasser incumbent 
working the banking and financial services to study the possibility of finding solutions and procedures that will maintain the strength of the Iraqi dinar was prepared with the Association of private banks in Iraq, some of the proposals in this regard in the context of her answer to the action or decision issued by the Central Bank of Iraq committed in 21/12/2011 the banks to increase credit cash to 8 times the capital reserves of sound no Read more…

Member of the economy: to extend the period of Washington on Iraqi funds necessary to protect it from creditors

On: Wednesday 04/18/2012 10:34

Baghdad (news) .. He noted a member of the Committee of Economy and Investment MP / National Alliance / Faleh Ziadi, the need to extend the protection of American Iraqi funds deposited in the International Monetary Fund until the resolution of outstanding issues with some of the States as a result of the policy of the former regime wrong. 
said Ziadi (of the Agency news) on Wednesday: The outstanding issues between Iraq and some countries are still unresolved and need Read more…

Member of Finance Committee: the formation of a joint committee of the Ministries of Finance and Planning and the Central Bank to control the value of the dollar

On: Wednesday 04/18/2012 12:09

Baghdad (news) .. Announced by the Finance Committee MP / National Alliance / Secretary Hadi Abbas to form a joint committee by the Ministries of Finance and Planning in addition to the Central Bank to discuss the reasons for the high exchange rate of the dollar against the dinar, and follow-up spent to control the value of hard currency in the country. 
Abbas said (of the Agency news) said on Wednesday: The General Secretariat of the Council of Ministers called for the formation Read more…

CBI ends close to the preparation of the financial report for the Warka Bank

18/04/2012 11:46

Baghdad, April 18 (Rn) – The Central Bank of Iraq on Wednesday that the coming days will witness the completion of the financial report on Bank of Warka one of the largest banks Iraqi civil, noting that the report’s recommendations will determine the existence of the possibility to help him by the government. and decided Central Bank of Iraq early March last March, the development and guardianship to the Warka Bank because of the deterioration of fiscal policy, the bank said that the imposition of guardianship on the Warka Bank came to save him.The main tasks of the Central Bank in managing Read more…

Alwani, describes the process of government supervision on the central bank to “devastating”

Tuesday, April 17, 2012 10:49

BAGHDAD / Baghdadiya News / .. MP for the coalition in Iraq Khalid al-Alwani, the introduction of the Central Bank under penalty of government oversight to “the destroyer” Alwani said in a statement received / Baghdadiya News / copy of it: “the central bank is one of the independent bodies that are subject to the supervision of the House of Representatives because it protects the Iraqi dinar, which is the property of the people not the government.” He added: Read more…

Hafiz: deposit money banks in Iraq better than the European American protection

17/04/2012 0:00

After the support of central bank has asked the Government on the protection of 
Baghdad – Haider Filaih Rubaie 
criticized the expert and economic thinker Dr. Mahdi Al-Hafiz Iraq’s claim to the United States to protect his money again, saying that these demands could deprive the country from the funds of an estimated $ 60 billion is the size of what has been deposited in Fed U.S., pointing out that Read more…

The central bank increases the rate of the dollar to sell banking companies, banks, civil

The central bank increases the rate of the dollar to sell banking companies, banks, civil

16/04/2012 17:27

Baghdad, April 16 (Rn) – The Central Bank of Iraq that he decided to sell 75 thousand dollars for each company banking and 250 thousand dollars to the banks eligibility in order to reduce the problems that lead to high prices of the dollar against the local currency. Deputy Governor of Central Bank of Iraq, told the Kurdish news agency (Rn) that “the central bank decided to sell 75 thousand dollars for each company banking a week after the value of selling 50 thousand dollars and the sale of… Read more…

Iraq’s Maliki accuses of seeking to dominate the central bank to help Syria and Iran

Iraq’s Maliki accuses of seeking to dominate the central bank to help Syria and Iran

16/04/2012 20:45

Erbil, April 16 / April (Rn) – accused the Iraqi List led by former Prime Minister Ayad Allawi on Monday, Prime Minister Nuri al-Maliki of trying to control the Central Bank of Iraq to support the economy of Syria and Iran, which face economic sanctions from the West. Iran faces a package of economic sanctions against the backdrop of its nuclear controversy while punished several countries Syria because of the suppression of the population claimants to drop the system. spokeswoman said the Iraqi List, Maysoon al that… Read more…

JD reveals new procedures for the central bank currency rates on the rise

17/04/2012

BAGHDAD / JD / .. Deputy Governor of the Central Bank of the speculators in the currency market and put the bank in front of critical options to address the recent rise in the Iraqi dinar exchange rate against the dollar, and revealed new measures to reduce the phenomenon of bleeding of the currency. The appearance of Dr. Mohamed Saleh, told the correspondent of the agency (JD): The treatment for the problem of high exchange rate requires taking one of two options either to cover the demand to provide a large reserve of currency or to let the consumer faces the consequences of… Read more…

Economic Commission announces conference to address the high exchange rate of the dollar against the dinar

Economic Commission announces conference to address the high exchange rate of the dollar against the dinar

Committee announced the economy and investment representative, on Friday, held for an extended conference to address the high exchange rate of the dollar against the Iraqi dinar, indicating that the conference will address the possibility of reforming the Read more…

CBI reveals new procedures for the central bank currency rates on the rise

CBI reveals new procedures for the central bank currency rates on the rise

Posted: April 17, 2012

Jubouri: Central Bank take even two steps to raise the price of the Iraqi dinar

04/15/2012

BAGHDAD / JD / .. According to a member of the Finance Committee’s parliamentary Haitham Jubouri take two steps the Iraqi Central Bank to raise the price of the Iraqi dinar and weighed against the U.S. dollar. Jubouri said L / JD / “The central bank has taken two steps is to first new controls on the value of the transfer and identify external electronic point of arrival and will go to any country,” and secondly “to keep the bank with $ 65 billion in capital.” Jubouri and “The Bank to keep the $ 65 billion is a very good capital that would preserve… Read more…

Foreign Relations: Congress did not mind the extension of the protection of Iraqi funds

04/16/2012

BAGHDAD / JD / .. hinted Foreign Relations Committee to the possibility of parliamentary approval of the U.S. Congress to extend the protection of Iraqi funds deposited in international banks, amounting to about $ 64 billion for a period of one year. A member of the Committee Deputy mainstay John’s / JD / “The U.S. side has agreed to extend the protection of Iraqi funds abroad, and that the U.S. Congress to extend the term did not mind.” John added, “The funds need to… Read more…

Expert: Central Bank need to change policies rather than leadership change

04/16/2012

BAGHDAD / JD / .. stressed economic expert, Dr. Asia Kazem al-Saadi said the central bank needs to change policies rather than changing the leadership. The professor of economics at the College of Management and Economics at the University of Baghdad / for JD /: that the policies of the bank open and behind the deterioration in the price of hard currency, saying that the problem will not be changing the leadership of the Central Bank a comprehensive solution.She said Saadi, he can, the bank enhances the position of the currency if… Read more…