CBI INFO & IRAQI DINAR NEWS

Tehran to limit its private sector orientation to deal with Iraq only a dollar traders

Monetary Authority: Finance withdrew its objection to the imposition of the central custody of Warka

Thursday, March 15, 2012 07:34

BAGHDAD / Baghdadiya News / .. take it in the official monetary authority that the objection of the Ministry of Finance Central Bank’s decision to impose custody of the Iraqi Warka Bank Palmtsra, noting that “the financial retractedIntercepted after it became clear her things and in all cases, the responsibility of the banks, the Central Bank and not the Ministry of Finance. ”

Central Bank: the amount of counterfeit securities compared to a few of the coin issued for circulation in the market

Thursday, March 15 / March 2012 12:02

[Baghdad – where]

According to Central Bank Governor Sinan Shabibi that the central bank did not indicate a significant increase in the rates of counterfeiting of the Iraqi dinar in the statistics as well as monthly time series of fake from 2004 until 2011.

Shabibi said in response to questions directed to him by a member of the Economic Commission parliamentary Hussein Almrobei, obtained by all of Iraq [where] a copy of it, that “the amount of paperwork counterfeit few for the currency-exporting ticker,” noting that “the central bank regulates the induction of the coin Iraqi and consistently for all workers in the field of criticism, including the branches of the bank and all banks. ” Read more…

Expert: political rivalries and regional tensions kept the exchange rate of the dinar against the dollar, up

Date: Thursday, 15/03/2012 12:17
Baghdad (news) .. noted financial expert, Salem Al Daini existence of internal and external factors control the height of the exchange rate of U.S. dollar against the Iraqi dinar, stressing that the Central Bank and the Iraqi Stock Exchange will not Athmla cause high during the current period. 
said Daini (the Agency news) on Thursday: The Central Bank is working hard since (2003) to increase the value of the Iraqi dinar against the dollar, which made ​​him a conservative on the price for a long time, Read more…

Higher sales to the Iraqi Central $ 247 million

15/03/2012 16:57

 Baghdad, March 15 / March (Rn) – The Central Bank of Iraq, Thursday, that his sales of the U.S. dollar rose today to 247 million from $ 244 million on Wednesday. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) “Sales Central Bank on Thursday stood at $ 247 million, while the shares on Tuesday $ 244 million,” Read more…

Parliamentary Culture: Central Bank of the process of printing the currency bearing the image of the tragedy of the Kurds Faili

THURSDAY, MARCH 15 / MARCH 2012 15:15

Twilight News / revealed to the Committee on Culture and the media, Thursday, for the determination of the central bank printed new currency with one of the categories of image embody the “tragedy suffered by the Kurds Alfelaon,” indicating that the direction the central bank to print the currency came the proposal of the General Secretariat of the Council of Ministers. Read more…

Deputy Central Bank Governor: can not reduce the exchange rate of the dollar against the dinar lost two points in the increase of import of goods random

14.3.2012| (Voice of Iraq) Baghdad (news)ruled out the deputy governor of the Central Bank of the appearance of Mohammed Saleh low exchange rate of U.S. dollar against the Iraqi dinar at least two points in the coming days due to increased random uncontrolled import of goods.Saleh said (of the Agency news) on Wednesday: The central bank sales during the current year has increased by $ (100) million, relative to last year, the sales (150) million dollars a day despite the fact that the market was stable, indicating Read more…

Rise in central bank sales to $ 244 million

14/03/2012 16:59
Baghdad, March 12 / March (Rn) – The Central Bank of Iraq, Wednesday, that his sales of the U.S. dollar rose today to $ 244 million from $ 234 million on Tuesday. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) “central bank sales on Wednesday, $ 244 million, while the shares on Tuesday $ 234 million,” explaining that “Price was 1179 Iraqi dinars to the dollar interest rate of up to 10 dinars.” He also called for Read more…

Central: Iraq mass of large cash deals, but weak

14/03/2012

Said that the deletion of zeros will not affect the business dealings 
of Baghdad – Haider Filaih Rubaie 
said an economist that the economic conditions and volatile financial pressure and inflation that has befallen on Iraq previously generated negative effect on the regularity of the commercial market and the labor markets and production and the level of living of citizens. 
indicating that these conditions combined led to abnormalities in several structures and economic relations among which was the presence block cash many zeros of little value and in a manner not commensurate with the future developments in the present and the future of the national economy.  Read more…

Iraqi Central intensify its efforts to delete the zeros of the Iraqi currency

Tuesday, 13/03/2012 10:11

BAGHDAD – ASHA: continue the Iraqi Central Bank to work on the project to delete the zeros of the Iraqi currency.bank adviser said the appearance of Mohammed Saleh – in a statement to Radio Sawa on Tuesday – “The committee in charge of the development blocks of the project to delete the zeros of the Iraqi currency in the process of completing work “, adding that the project will be launched early next year. He noted the benefit that the new currency contained categories of paper and metal, stressing the importance of the project to delete zeros in facilitating financial transactions, Read more…

Bank Central: project delete the zeros will begin early next year

The central bank adviser said the appearance of Mohammed Saleh, said that the implementation of the project to delete the zeros of the Iraqi currency will start early next year, pointing out that the work of the Committee in charge of the development blocks in the process of completing the project work. The favor in a statement to Radio Sawa, the day Tuesday, 13/3/2012

Read more…

Investigations and contemporary society : the deletion of zeros from the dinar .. Where to?

03-13-2012

Of us who recall the process of switching categories of currencies of the former regime in 2004, currencies of new, and the concomitant difficulties of moving bags of flour by car and the emergence of large quantities of counterfeit ones, as well as the emergence of large quantities of the currency of origin (Swiss) and the resulting activity of the mediators and manipulators among the general public, banks and bribes that accompanied those processes .. Read more…

Experts (range): Delete the zeros does not affect the purchasing power of consumers

On: Tuesday 13/3/2012 9:41

 Baghdad / Mohamed Habib, 
the whole number of economic experts that the process of deleting the zeroes do not affect the purchasing power, assuring it a bold step towards the restructuring of the local currency. The deputy governor of the Central Bank of Iraq the appearance of Mohammed Saleh (range): The mass circulation of cash exporting over 30 trillion Iraqi dinars to the various groups Read more…

CBI sales drop to $ 234 million

13/03/2012 15:24

Baghdad, March 12 / March (Rn) – The Central Bank of Iraq, Tuesday, that his sales of the U.S. dollar fell today to $ 234 million from $ 250 million yesterday. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the sales the central bank on Tuesday $ 234 million, while the shares on Monday $ 250 million, “explaining that” Price was 1179 Iraqi dinars to the dollar interest rate of up to 10 dinars. Read more…

Central Bank of Iraq confirms that the reserves of foreign exchange a few

Monday, 12 March 2012 08:58 GMT

Adviser to the CBI the appearance of Mohammed Saleh

Sumerian News / Baghdad said the Iraqi Central Bank, on Monday, that Iraq’s reserves of hard currency low, attributing the cause to the weakness of economic diversification, as he said he needs to Htiattiyat great to deal with any crises that might occur in the future. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in an interview for “Alsumaria News” “The reserves of the Central Bank of Iraq’s hard currency, which range between 60 to 62 billion dollars are few Read more…

Expert: rising inflation will make investors are fleeing the country

Date: Monday 12/03/2012 13:13

Baghdad (news) .. Warned economist Ismail Radi from the continued increase in the rate of inflation in the country because it will lead to the reluctance of investors to enter Iraq, calling for a solution to reduce inflation. 
Radi said (of the Agency news) said on Monday: The continuing increase in the rate of inflation for consecutive months in Iraq will lead to flight of investors from entering the country for the purpose of investment, noting that inflation is one of the issues that are a sign of weakness in front of the investor and hinder the process of investment within the country. Read more…

CBI sales rise to $ 250 million

12/03/2012 16:45

Baghdad, March 12 / March (Rn) – The Central Bank of Iraq that his sales of the U.S. dollar rose Monday to $ 250 million versus 240 million in yesterday’s trading session. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the sales central bank on Monday amounted to $ 250 million, while the shares on Tuesday $ 240 million. ” He explained that “that the sale price reached 1179 dinars to the dollar interest rate of up to 10 dinars. Read more…

Member of the Finance Committee: The Central Bank has promised to reduce the value of the dinar against the dollar in the coming days

Monday, March 12 / March 2012 08:21

{Baghdad, Euphrates News} A member of the parliamentary Finance Committee Faleh applicable, the registered companies in the Iraqi market for securities is the reason Riisa the high value of the U.S. dollar against the Iraqi dinar, indicating that the central bank has promised to reduce its value in the next few days.

He said in effect, told {Euphrates News} on Monday that “the central bank is responsible for fiscal policy and therefore obligated to take measures and controls to preserve the value of Iraqi dinar,” adding that “measures the bank last did not work in raising the value of Iraqi dinar Read more…

Central Bank confirms that the guardianship and the Warka Bank

On: Sun 11/03/2012 9:21

 Baghdad / follow-up long 
said the Finance Committee in the House of Representatives that they will summon Iraqi Central Bank Governor Sinan Shabibi to discuss the issue of Warka Bank, said the CBI that the imposition of guardianship on the Warka Bank of Iraq Investment and Finance came to save him from some of the problems that plague them.
 Revealed the Parliamentary Committee itself of the existence of unconfirmed reports suggest the smuggling capital of the Warka Bank out of the country following the flight of the founders of the bank.  Read more…

Parliament calls for the economy to pay the dues of the creditors of the Central Bank of Warka

Date: Monday 12/03/2012 10:10

 Baghdad / term follow-up 
Commission asked for the economy and investment representative central bank to pay all the money of citizens who deposited in the Warka Bank for Investment and Finance, who suffered a financial crisis, saying that many of the citizens’ complaints against the Warka Bank came to the Commission.
A member of the Committee Mahma Khalil, according to (Rn) that the government and the Central Bank take responsibility for payment of all dues citizens financial implications of the Warka Bank Ahli after suffering a financial crisis, noting that many citizens have lost their rights in the Bank of Warka.  Read more…