CBI INFO & IRAQI DINAR NEWS

The success of a model of the Central

04/08/2012 0:00 
Yasser incumbent succeeded the Iraqi Central Bank in achieving the widespread conviction among the public not to the impact of raising three zeros from the currency on the actual value and the manner of transparency and disclosure advertisers intention to take such action, and the seminars organized by the faculties of administration, economy and way supportive and effective in establishing this conviction.

Calls for activation of the legislation on combating money laundering

9/04/2012 0:00
BAGHDAD – Hussein Tgb Tamimi

stressed by a number of economists on the need to adopt legislation legal challenge of the phenomenon of money laundering which adversely affect the reality of the local economy, accounting for this orientation phase of regression within the blocks of the global economic, which have become develop plans and sophisticated mechanisms to monitor the movement of money across countries the world. 
He noted… Read more…

Lower central bank sales to $ 238 million

09/04/2012 17:07

Baghdad, April 9 / April (Rn) – The Central Bank of Iraq that his sales of the U.S. dollar fell Monday to $ 238 million versus $ 242 million in the previous session. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the sales Central Bank of the day amounted to $ 238 million while the Sunday $ 242 million. ” He explained that… Read more…

Mahma Khalil on the government to attract investment and encourage the dollar to raise the Iraqi dinar exchange rate

Sunday, April 8, 2012 11:18

BAGHDAD / Baghdadiya News / .. student member of the parliamentary Economic Committee, Khalil Mahma today, Sunday, the Iraqi government to create a suitable environment in order to attract the dollar and the capital and financial aid Encourage investment within the country, and work to restore Iraqi dinar exchange rate to normal. Khalil said in a press conference held at Parliament House and attended / Baghdadiya News / “It is necessary to take the policy of the central bank to maintain the Iraqi dinar exchange rate against the dollar, calling for, the… Read more…

Expert: the opportunity is favorable for the deletion of zeros from the currency

On: Sun 08/04/2012 9:03

 Baghdad / term 
economic analyst warned Ibrahim al-Mashhadani, the implementation of the project to delete the three zeroes from the currency early next year, as it is an important project needs to be political and economic stability in the country more when applied. He said al-Mashhadani, according to the Agency (news): The time set by the Central Bank for the implementation of the project to delete the three zeroes from the Iraqi currency and due early next year is not ideal and needs to rethink it, because … Read more…

The continuing decline in Iraq, the dinar against the dollar and fears of its impact on the standard of living of citizens

Saturday April 7, 2012

Iraq Dinar saw a new low against the U.S. dollar to reach in local markets to 126.5 thousand dinars for the paper category percent dollars. According to traders and shop owners banking that “the Iraqi dinar is witnessing a clear decline and this will lead to the loss of citizen confidence in Iraqi dinars, which was on the rise against the dollar over the past years. They said the depreciation of the value of Iraqi dinar against the U.S. dollar continuing and … Read more…

Central: Currency auctions are covered three markets trade a non-local

04/08/2012 0:00 
After the increase of the dollar against the dinar

Baghdad – Haider Filaih Rubaie 
blamed the Central Bank of the reasons for increasing prices of the dollar against the Iraqi dinar to a number of precautionary measures he has taken to curb the smuggling of the dollar, which is now covering trade in three markets to other countries, and expected stable exchange rates during the days coming through a package of measures said that the process taken to reduce those businesses that are hurt by the Iraqi economy in general, noting that the central bank is the financial capacity to be reckoned with and … Read more…

Parliamentary Finance: The Federal Government is trying to dominate the monetary policy of the Central Bank of Iraq

08/04/2012 10:57

Baghdad, April 8 (Rn) – criticized the Finance Committee, the parliamentary day, Sunday, the General Secretariat of the Council of Ministers and its attempts to dominate the monetary policy of the Central Bank of Iraq and curbing the powers of the province, noting that this was a violation of the constitution and a danger to the Iraqi economy. A member of the Committee Faleh applicable told the Kurdish news agency (Rn) that… Read more…

Economic parliamentary: neighboring countries seeking to introduce counterfeit Iraqi currency before you delete the zeros

08/04/2012 10:58

Dohuk, April 7 / April (Rn) – The decision of the Economic Committee in the House of Representatives of Iraq, Sunday, that the neighboring countries seeking to enter large amounts of Iraqi currency counterfeit to the country such as the deletion of three zeroes from the Iraqi dinar, indicating that the Central Bank of Iraq has taken measures and precautions that will thwart the scheme. MP said Mahma Khalil told the Kurdish news agency (Rn) that “there are… Read more…

Rise in central bank sales to $ 242 million

08/04/2012 17:18

Baghdad, April 8 / April (Rn) – The Central Bank of Iraq that his sales of the U.S. dollar rose on Sunday to $ 242 million versus $ 231 million in the previous session. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the sales Central Bank of the day amounted to $ 242 million while the last Thursday $ 231 million. ” and … Read more…

Parliamentary Economic Commission demanding the central bank to halt decline in the Iraqi dinar against the dollar

Posted 07/04/2012 06:33 AM

BAGHDAD – “squares of liberation”

Maliki decided to inflict the CBI office personal and Najafi asked to stop the violation of independent institutions

Posted 07/04/2012 12:03 PM

BAGHDAD – “squares of liberation”
after the authorization granted by the Federal Court of Prime Minister Nuri al-Maliki’s control over the independent institutions and attached to his office PC, Head of the House of Representatives Osama Najafi for a letter to al-Maliki about the fate of the Central Bank. 
quoted ” Euphrates News, “a source as saying that” the Najafi said during a session of the House of Representatives today for a message sent by him to Prime Minister Nuri al-Maliki urging him not to interfere in the matters of the Central Bank and the statement of the functions and… Read more…

Economic Parliamentary dinar will recover against the U.S. dollar

07/04/2012 11:38

Baghdad, “Iraq’s gate,” Mohammed Sharif

Economic Commission affirmed the decision in the House of Representatives, said on Saturday that “the dinar will recover against the U.S. dollar across a range of measures to be taken.

He said Mahma Khelil told state television the Iraqi response to a question about the likelihood of the survival rate of the dinar to what it is now in front of the U.S. dollar, that “the dinar will recover against the U.S. dollar across a range of measures to be taken by the Iraqi government and by the Central Bank of Iraq as the highest monetary authority “.

He pointed out… Read more…

Expert: the time is perfect for the deletion of zeros from the currency of the instability of political situation

On: Saturday 07/04/2012 13:32

Baghdad (news) .. Warned the economic analyst Ibrahim al-Mashhadani, the implementation of the project to delete the three zeroes from the Iraqi currency early next year, being an important project needs to be political and economic stability over the country when applied. 
Mashhadani said (of the Agency news) on Saturday: The time set by the central bank to implement the project delete the three zeroes from the Iraqi currency and due early next year is not ideal and needs to reconsider it, because… Read more…

Sudden rise in US dollar prices in Iraqi market (this is strange?)

4/4/2012 5:11 PM
BAGHDAD/ Aswat al-Iraq: US dollar price increased in the Iraqi market in a sudden move to reach 122.6 dinars for each dollar, while the Central Bank of Iraq (CBI) announced no sales of foreign currency unless it received a tax clearance from the company and the documents for covering trade remittance.

Conflict between the legislative and executive control of the Iraqi Central Bank

On: Friday 06/04/2012 17:45

Baghdad / citizen 
at the time warned the Iraqi Council of Ministers of the Central Bank of Iraq of the consequences of the adoption of any tasks related to monetary policy without his consent, return of the Iraqi parliament these claims violations that can not be tolerated, especially since the Constitution gave the central independent authority under the supervision and control of the legislature without other.(citizen) got the official letter issued by the General Secretariat of the Iraqi Council of Ministers with the number s / 02/01/26 at 15/3, which is directed to the Iraqi Central Bank which stated,… Read more…

Member of Finance Committee: lack of central bank sales of the dollar led to the low exchange rate of the dinar

On: Friday 06/04/2012 12:00

Baghdad (news) .. ills member of the Finance Committee in Parliament MP from / National Alliance / Abdul-Hussein al-Yasiri reasons for the low exchange rate of the Iraqi dinar against the U.S. dollar to the lack of central bank sales of the dollar in the auction, although there is high demand on the buy. 
Yasiri said (of the Agency news news) Friday: The currency is a commodity and the applicable law “Ditamikih supply and demand,” ie the greater the demand for the purchase will increase its price and… Read more…

The rock and activate the role of financial discussing Iraqi banks

04/05/2012

BAGHDAD / integrity electronic / follow-up: Muhammad Daoud 
said in a statement issued by the Ministry of Finance received a straight predictable, in part: Finance Minister Rafie al-Issawi and body (rock) responsible for the restructuring of Iraqi banks, consisting of the Office of Financial Supervision and the Ministry of Finance and the Office of the Central Bank met to discuss the mechanism activate the role and work of Iraqi banks and discuss the role of activation of two branches of Iraqi banks Rafidain and Rasheed   , and… Read more…

Financial: “Iraq is creating the conditions for even the Iraqi dinar against the U.S. dollar

Date: Thursday, 04/05/2012 20:48

Citizen / special / Sarah al-Obeidi at the time when the central bank that its policy on the level near will work to stabilize the Iraqi dinar exchange rate against the U.S. dollar, for mid-level and near will work to equal the exchange rate of the Iraqi dinar against the dollar, a number of finance confirmed that the implementation is step in such circumstances taking place in the country is complex and needs a short period in order that the central bank can be in his ability to equal the Iraqi dinar against the U.S. dollar (Citizen News) The follow up… Read more…

Iraqi gangs launches the biggest counterfeit currency to switch

Posted 05/04/2012 02:16 PM
BAGHDAD – Babinaoz (Reuters) – warned that “the International Center for Development Studies” that lead the process of deleting the zeros of the Iraqi dinar to a state of chaos in the national economy, especially as they are in the security conditions and difficult political and complex. The Center’s report issued from London that Iraq is suffering at the moment of the gangs of counterfeiting, which is working day and night for the printing of the dinar current and then replace it in the process and described it will be the biggest fraud in the world.The Center said… Read more…