CBI INFO & IRAQI DINAR NEWS

Iraqi dinar swings due to political unrest and economic sanctions on neighboring countries

Date: Monday 16/04/2012 20:29

Translation: Ammar Kazim Mohammed Alaa Rady in place for the disposal of the currency in central Baghdad, there was a panel displays the value of Iraqi dinar to the U.S. dollar has been developed by three question marks in front of the value of the dinar. Iraqi businessmen say several weeks ago and they are struggling because of price concerns of the Iraqi dinar as a result of economic sanctions imposed on Iraq’s neighboring countries such as Iran and Syria as well as political unrest in the country. Alaa Rady shop owner: the price of… Read more…

Iraq: Maliki escalating attempts to control the Central Bank reminds us of what he did the previous regime of waste

Monday, April 16 / April 2012 14:54

[Baghdad – where]

The Iraqi List, expressed its grave concern at the escalation of the attempts of Prime Minister Nuri al-Maliki to take control of the Central Bank.

The spokeswoman said the list Maysoon al in a statement received by all of Iraq [where] a copy of it today, “continues the coalition in Iraq with great concern the escalation of attempts to the Prime Minister to control the central bank, which is of independent bodies associated with the House of Representatives, which fortified the Constitution and the law of any interventions government.

She added, “and is increasingly clear that attempts to authoritarianism on the central bank intended things to Khtiran, namely the acquisition of the cover of the Iraqi currency of reserves the central bank, and… Read more…

Expert to rule out the return of the dollar price of the real .. And the likely stability when (1226) DT

 Expert to rule out the return of the dollar price of the real .. And the likely stability when (1226) DT

Date: Monday 16/4/2012 8:26

Baghdad (news) .. Ruled out the financial expert Ismail Radi return of the dollar to the exchange rate real in front of the dinar, which had settled on a price (1117) JD, likely stability of the price (1226) dinars in the coming period. 
Radi said (of the Agency news) said on Monday: The Central Bank worked hard during the past to keep the Iraqi dinar exchange rate against the dollar through monetary policy, which made ​​the Iraqi dinar is stable at (1117) to the U.S. dollar, but he now has control of the local markets due to the presence of… Read more…

Economists: tariff indirect taxes borne by the ordinary citizen

Economists: tariff indirect taxes borne by the ordinary citizen

Date: Monday 16/04/2012 12:49

Baghdad (news) / report / Faleh Hussein / .. The decision to apply tariffs on imported goods to Iraq, a sensation among economists. 
Some expressed concern that the prices of materials, goods and higher rates of inflation, while others believe it is necessary to protect national products and will return prices gradually to the origin after a period of application. 
(Agency News of news) surveyed the views of economists to find out the possible outcomes when applying the Tariff Act in (30) of the month of June. 
where… 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… Read more…

Fadel Muhammad: Convert $ 200 billion out of Iraq through the Central Bank auction

Saturday, April 14 / April 2012 11:02

Baghdad {: News} Euphrates revealed Advisor to the Prime Minister for Legal Affairs Mohammad Fadel on the transfer of more than $ 200 billion out of Iraq by the Central Bank auction to support the fixed exchange rate of the dinar.

Saw the Iraqi dinar exchange rate declined significantly over the past few days against the U.S. dollar to reach in local markets to 126.5 thousand dinars percent of the paper dollar category . Read more…

Vice Chairman of the Central Bank: foreign currency reserves cover the market needs by up to 120%

Sunday, April 15 / April 2012 17:15

Baghdad {: News} Euphrates Vice President of the Central Bank of the appearance of Mohammed Saleh, said that the bank reserves of foreign currency cover the needs of the market completely.

Said Saleh told {Euphrates News} “The central bank reserves of foreign currency cover the needs of the market and by 120% of the market needs so that if it were to withdraw all existing foreign currency in the market, the central bank is able to cover the local market,” he said. ” central Read more…

Chalabi warns against the introduction of the Central Bank within the framework of government and about it he describes the devastating and extremely dangerous

Sunday, April 15 / April 2012 16:10

Baghdad News} {Euphrates Alliance MP warned the Iraqi National Congress head Ahmed Chalabi of the national process, “the introduction of the central bank subject to supervision by the government, describing it as” devastating and extremely dangerous. “

And Chalabi said in a statement to the Euphrates News Agency {} that “the central bank is one of the independent bodies that are subject to the supervision of the Iraqi parliament because it protects the Iraqi dinar, which is the property of the Iraqi people, not the government.”

And said the “Central Bank Law of 2004 provides that Article II does not interfere with any party in the Central Bank and government, especially the parties.”… Read more…

Calls to the Central Bank to put his problem with the government to parliament

Calls to the Central Bank to put his problem with the government to parliament

On: Sun 04/15/2012 20:51

Baghdad – Mostafa Hashemi economic expert called the central bank to solve his problem with the government to parliament out of the crisis, a legal solution satisfactory to both parties, after the information on the government’s attempt to impose its hegemony on it. While Deputy Prime Minister Saleh al-Mutlaq of the attempts to link the Central Bank of Iraq’s government and intervention for privacy and compromising its independence, warning that this action and intervention for privacy and his powers and fiscal policy will lead to the collapse of the Iraqi currency and… Read more…

Experts stress the success of the Central .. And the high exchange rate caused by external factors

Experts stress the success of the Central .. And the high exchange rate caused by external factors

On: Sun 04/15/2012 8:22

 Baghdad / Ahmed Abed Rabbo,  
the government twice while I control the Iraqi Central Bank on the process of foreign exchange to the dollar, a number of experts (range) that the central bank has succeeded to a large extent, except in its monetary policy to raise interest rates at banks. He called head of economic studies at the University of Mustansiriya Abdul Rahman al-Mashhadani to the need to give the Central Bank Field enough to do to complete the rest of the procedures, saying the bank’s policy going the right way.

said al-Mashhadani (range): … Read more…

Council of Ministers confirms that the law requires the central bank to exchange views with the Government

Council of Ministers confirms that the law requires the central bank to exchange views with the Government
Sunday April 15, 2012

Sumerian News / Baghdad confirmed the Council of Ministers, on Saturday, that the law of the Iraqi Central Bank obliged to exchange information, views and coordinate monetary policy with the central government, pointing out that this is requested by the Government today. and the transfer of the unit director of information in the Secretariat of the Council of Minister Abdel Talaqani in an interview for “Alsumaria News”, the Secretary-General of the Council of Ministers on the Keywords saying that “Article 24 of the Code of … Read more…

Aziz Mayahi: Conditions in the central entry impossible to buy dollars

Aziz Mayahi: Conditions in the central entry impossible to buy dollars
04/15/2012 0:00

BAGHDAD – Al Sabah 
counting Member of the economy and invest in the House of Representatives lawmaker bloc white terms of the Central Bank of the request entry of dollar buying impossible. 
said in a press statement that the conditions for the central bank that it would hurt corporate Iraqi contracting with the State, so the central bank to correct mechanism of action this subject. He stressed the need to ask the central bank of contractors with a copy of the contract from the Department imported, and… Read more…

Monetary policy .. Problem in the principles or in the performance?

Monetary policy .. Problem in the principles or in the performance?
04/15/2012 0:00

Planning announces a new high index of inflation

Planning announces a new high index of inflation
15.04.2012

Revealed the Ministry of Planning and Development Cooperation for obtaining a new high in the index to the annual overall inflation for the month of March increased by 8.3% over the same month of 2011. In an interview with Radio Free Iraq, attributed the ministry spokesman Abdul Zahra al-Hindawi, the reasons for the rise to two main factors are the first in “The high overall rate of prices of vegetables and fruits following the government’s decision in February 2012 to suspend Astaradhma which led to… Read more…

Director of private banks: the investment process you need to believe in their specialized banks

Director of private banks: the investment process you need to believe in their specialized banks

On: Sun 04/15/2012 13:06

Baghdad (news) .. The director of the Association of private banks Abdul Aziz Hassoun that the investment process in Iraq need for channels of specialized banking to investment to meet the needs of the investor deposit the import of equipment required for the projects, and others. 
said Goldfinch (of the Agency news) said on Sunday: The Iraqi private banks began to evolve in their work and use modern technology to keep up with systems, international banking, but they are still fighting by the institutions and… Read more…

Mutlaq warns of collapse of the Iraqi dinar if the government linked to the Central Bank

Mutlaq warns of collapse of the Iraqi dinar if the government linked to the Central Bank

15/04/2012 13:13

Erbil, April 15 / April (Rn) – Deputy Prime Minister of Iraq, Sunday, from attempts to link the Central Bank of Iraq government and intervention for privacy and compromising its independence, adding that this would lead to the collapse of the national currency and weaken the economy of the country and exposing the central bank money at risk, According to a statement issued by the Information Office of the Mutlaq. said in a statement received by the Kurdish news agency (Rn), a copy of it, citing Saleh al-Mutlaq said that “the two positions contradictory issued by the Iraqi government about its intention to… Read more…

Deputy central bank governor denies the government’s accusations that the auction cause of the low exchange rate of the dinar

On: Saturday 04/14/2012 17:42

Chairman of the Chamber of Commerce of Babylon’s (Citizen): lack of experience in government advisers led to the deterioration of the economic situation of the citizen – Ali Shaker Royal detection Advisor to the Prime Minister for Legal Affairs Fadel Muhammad from the conversion of more than $ 200 billion out of Iraq by the Central Bank auction to support a fixed rate for the dinar exchange . And denied the deputy governor of the Central Bank of the appearance of Mohammed Saleh accused adviser to Prime Minister Fadel Muhammad of the Central Bank that the procedures for… Read more…

Mutlaq warned the government from interfering with project raise zeros from the dinar

Saturday, April 14, 2012 14:29

BAGHDAD / Baghdadiya News / .. Deputy Prime Minister Saleh al-Mutlaq, Saturday, from attempts to link the Central Bank of Iraq’s government and intervention for privacy, noting that this action and intervention for privacy and his powers and fiscal policy will lead to the collapse of the Iraqi currency and weakening economy and displays of public money at risk.

He said al-Mutlaq said in a statement issued by his office and received / Baghdadiya News / copy of it, “The Iraqi government has issued two positions contradictory,… Read more…

Zuhair Araji: There are 10 companies dealing with the unknown in the central area of ​​currency

Saturday, April 14, 2012 08:36

BAGHDAD / Baghdadiya News / .. He called for the Iraqi bloc free Zuhair Araji, the committee formed by the prime minister to investigate the reasons for the high price of the dollar compared to the Iraqi dinar

Maliki is not “convinced” the performance of the central bank governor

On: Saturday 04/14/2012 11:12

 Baghdad / term 
 government confirmed yesterday that Prime Minister Nuri al-Maliki is “absolutely convinced” the performance of the Central Bank Governor Sinan Shabibi, as a result of continued high inflation in the country and the recent economic crisis. He accused the Central Bank of speculators in the currency market attempts to illicit enrichment through the exploitation of crises experienced by some neighboring countries and… Read more…