CBI INFO & IRAQI DINAR NEWS

Iraq plans to delete three zeros to facilitate financial transactions

Iraq plans to delete three zeros to facilitate financial transactions

May dinar is equal to the dollar!

May dinar is equal to the dollar!

Plans to sabotage the Iraqi economy: Printing of counterfeit currencies in Sadr City and Alaptaoyen

Plans to sabotage the Iraqi economy: Printing of counterfeit currencies in Sadr City and Alaptaoyen
06/02/2012 14:36

Baghdad / Orr News

Baghdad was particularly Sadr City district of Baghdad Alaptaoyen in the sale and exchange of counterfeit currency. He revealed that currency traders in the “Million sold counterfeit dinars of € 350 000 and 10 thousand dollars of $ 4.5 million dinars.”

While the First Deputy Governor of Baghdad and head of the money smuggled Mohammed Al Shammari form a committee to adjust the money smuggled and prohibited currency circulation and include cash and in kind, the central bank reduced the size of the fake money.  Read more…

CBI concludes dollar selling with decrease

CBI concludes dollar selling with decrease
2/16/2012 3:26 PM

BAGHDAD / Aswat al-Iraq : Dollar selling in the Central Bank of Iraq (CBI) deteriorated today to reach 89 million, in comparison of 126 million dollars in the previous session.
The exchange rate reached to 1179 Iraqi dinars for one dollar.

CBI bulletin , copy received by Aswat al-Iraq, pointed out that the demand for the dollar was decreased in comparison to the end of the past year that reached to averagely to 200 million dollars.

The decline was made by the political situations in both Iran and Syria.
CBI holds five sessions per week to sell and buy the dollar to other Iraqi private banks.

https://en.aswataliraq.info/(S(bq4bjs45w5mavyfb41qbk545))/Default1.aspx?page=article_page&id=146950&l=1

Iraq Stock Exchange: foreign trading volume amounted to 176.5 billion dinars in 2011

Iraq Stock Exchange: foreign trading volume amounted to 176.5 billion dinars in 2011

16/02/2012 15:35

Currency spread fraud in Iraq .. Accusations directed at Tehran and central reassured as minor

Currency spread fraud in Iraq .. Accusations directed at Tehran and central reassured as minor

Alsumaria News / Karbala

is almost the heart of Riyadh burns he describes how he set twice before banking offices, which paid about half of the $ Hwalth dollars forged, and how that when he went to receive the transfer other Iraqi currency was falling into the same!. , says the citizen Riyadh Khalifa, 40 years old, which receives from time to time a sum of money from his brother, who live outside Iraq, “Alsumaria News”, “For me, I am a victim of fraud twice,” explains that a banking offices paid him the amount of transfer of $ 500, and later found to be $ 200, including a forged , he said, “With this office declined to banking compensatory amount counterfeiter.” and follow the Khalifa “This was the first time that the fall in which a victim of the promotion of counterfeit currency, Read more…

Economist: high exchange rate of the dollar against the dinar is a natural phenomenon does not raise concerns

Economist: high exchange rate of the dollar against the dinar is a natural phenomenon does not raise concerns

On: Wednesday 02/15/2012 13:57

Baghdad (news) .. According to the economist, Ismail Abdul Hussein that the high exchange rate of U.S. dollar against the dinar during the current period is a natural phenomenon due to the great demand for hard currency. 
said Abdul-Hussein (of the Agency news) said on Wednesday: The central bank in control of the mass of the cash raised in the local markets and fears to increase the U.S. dollar against the dinar because the main control by the central bank. 
He pointed out: that the central bank policy now tended to increase the exchange rate of U.S. dollar against the dinar by reducing the dollar selling at auction the central bank Read more…

Financial experts: Banking Law and the contradictory need for an amendment in line with the changing economic reality

Financial experts: Banking Law and the contradictory need for an amendment in line with the changing economic reality

On: Tuesday 14/2/2012 9:18

Baghdad (news) / report / Qusay maximum / calls for banks to amend the law on them after the direction of the country from the central to the open market and the changing reality of economic and the fact that legislation does not meet the ambitious development and expansion for the better. 
The head of the Association of Iraqi banks look Halawi (of the Agency news): The Banking Law No. (94) for the year 2004 needs to be reviewed in full, there is a lot of variables that occurred in the country and in the work of private banks. 
He explained: that despite the amendment of Article (28) of the Banking Act, which was to prevent private banks from participating or engage in large projects in Iraq, but that this amendment did not meet the ambitious, pointing out that the amendment was simple and unable to make way the doors work.  Read more…

Deputy Central Bank Governor: the new currency will be immune to technology developed after you delete the zeros

Deputy Central Bank Governor: the new currency will be immune to technology developed after you delete the zeros

On: Tuesday 02/14/2012 12:55

Revealed the deputy governor of the Central Bank of the appearance of Mohammed Saleh, of the existence of the properties of safety and high-tech sophisticated in the new Iraqi currency after you delete the zeros of the three of them. 
Saleh said (of the Agency news) said on Tuesday: The Central Bank reached the advanced stages of preparations logistical task for the project to delete the zeros three of the currency and after obtaining approval from the federal government to implement it will be working on a larger scale as a project is a strategic interest to the general public.  Read more…

CBI: We will not retreat from the application of our instructions, even if stopped selling foreign currency

CBI: We will not retreat from the application of our instructions, even if stopped selling foreign currency

14/02/2012 12:12

Baghdad, February 14 (Rn) – The Central Bank of Iraq, Tuesday, he did not back down from the application of the new instructions issued by the private and the sale of the difficult process of the Iraqi market, even if it was stopped daily auction, while stressing that the procedures imposed by the came on the back orders are not natural. The deputy governor of Bank of the appearance of Mohammed, told the Kurdish news agency (Rn) that “the Central Bank of Iraq sells foreign currency to the Iraqis only and sales are not intended for non-Iraqis,” asserting that “the Central Bank of Iraq will not back down from the application of procedures for the recent sale of foreign currency even if the stop the Bidder daily. ” Read more…

Central confirms the high sales of foreign currency

Central confirms the high sales of foreign currency

On: Tuesday 14/2/2012 7:57

Baghdad / follow-up long 
stressed the central bank did not reduce the sales of hard currency, but the imposition of measures to protect the country’s economy from deteriorating. 
Deputy Governor of Bank of the appearance of Mohammed, according to (Rn), bank sales fell after the imposition of new measures for transactions of $ 200 million to less $ 4 million last Thursday, “noting that” sales on the rise and reached about 68 million dollars. ” Read more…

Central Bank: GDP of Iraq will rise from 180 to 350 billion dollars after two years

Central Bank: GDP of Iraq will rise from 180 to 350 billion dollars after two years

On: Tuesday 02/14/2012 14:54

Baghdad – Mostafa Hashemi said the deputy governor of the Central Bank that the conditions experienced by the neighboring countries do not affect the Iraqi dinar exchange rate. confirmed the appearance of Mohammed Saleh told (the citizen) that the strength of the Iraqi dinar is derived from a link Iraq to the global economy. He emphasized that the events taking place in neighboring countries can not affect the exchange rate of the currency, but in a superficial or negligible. Read more…

CBI confirms the high sales of hard currency gradually

CBI confirms the high sales of hard currency gradually

13/02/2012 08:23

Baghdad, February 13 (Rn) – The Central Bank of Iraq, on Monday, it did not reduce the sales of hard currency, but the imposition of measures to protect the country’s economy deteriorated, as he emphasized that some speculators local used the measures the bank and create enough with him to reduce his sales started rising gradually. Deputy Governor of the Bank the appearance of Mohammed, told the Kurdish news agency (Rn), “sales of the Iraqi Central Bank fell after the imposition of new measures for transactions of $ 200 million to less than $ 4 million last Thursday,” noting that “sales on the rise and reached about 68 million dollars.” He said the deputy governor of Bank of Iraq that “the Bank analysis of the sizes of the purchase of the difficult process leads to two reasons: Read more…

National investment confirms that international companies have the confidence of the Iraqi banks

National investment confirms that international companies have the confidence of the Iraqi banks

13/02/2012 11:44

CBI confirms that the economic dealings with Canada slim

CBI confirms that the economic dealings with Canada slim

13/02/2012 13:27

Exposed to the local currency float “,” economic sanctions pushed Syria and Iran to buy dollars from Ala

Exposed to the local currency float “,” economic sanctions pushed Syria and Iran to buy dollars from Ala

On: Sun 02/12/2012 15:07

Citizen / special / Sarah al-Obeidi landing a sudden and unprecedented rate Altoman Iranian currency Alsoeria (pound) against foreign currencies, especially Ataralammeraki, led to the influx of thousands of Syrians and Iranians to Iraq to buy U.S. currency and sell it in the inside Iran and Syria, in order to obtain a profit on the black market which became the first reference for the pricing of currencies of two countries against foreign currency, all of this came one result, which float the currency in neighboring countries, Read more…

Deputy Governor of Central Bank: the dinar became more like a strong and hard currency

Deputy Governor of Central Bank: the dinar became more like a strong and hard currency

Baghdad (news) .. Commended the deputy governor of the Central Bank of the appearance of Mohammed that the dinar covered in hard currency by more than (100%) and not fear him from the vagaries of currencies of neighboring countries. Read more…

Central Bank of Iraq closes its weekly acution with selling US$68 millions

ECONOMY: Central Bank of Iraq closes its weekly acution with selling US$68 millions
2/9/2012 3:36 PM

BAGHDAD / Aswat al-Iraq: The sales of the Central Bank of Iraq (CBI), in its auctions

CBI sells US$37 million in Tuesday auction

CBI sells US$37 million in Tuesday auction
2/7/2012 4:32 PM

CBI underlines the lack of assignment instructions for the last auction on the financial

CBI underlines the lack of assignment instructions for the last auction on the financial

07-02-2012
The Central Bank, on Tuesday, not the abdication of the last instruction of the window on the foreign currency tagged “financial auction.”

The central bank adviser said Mohamed Saleh, told the future: The new regulations require customers ratification Skokhm by banks that have accounts and are subject identities and Msthompskathm audit to prevent the sale of foreign currency to non-Iraqis, noting that these instructions will not be waived, because the currency of Iraq covered and secure, and we have many means to feed the foreign currency market. Read more…