Posts Tagged ‘CBI’

Iraqi Dinar/Dollar auction results 2-5-2014

Iraqi Dinar/Dollar auction results 2-5-2014

Currency auction results Announcement No. (2593)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-three and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Wednesday 02.05.2014 and the results were as follows: Read more…

Iraqi Dinar/Dollar auction results 2-4-2014

Iraqi Dinar/Dollar auction results 2-4-2014

Currency auction results Announcement No. (2592)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-two millennia after the sale and purchase of foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 02.04.2014 and the results were as follows: Read more…

Iraqi Dinar/Dollar auction results 2-3-2014

Iraqi Dinar/Dollar auction results 2-3-2014

Currency auction results Announcement No. (2591)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-one and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Monday for the day on 03.02.2014 and the results were as follows: Read more…

CBI Governor: Iraqi Banking System Restructuring to be Complete by end of 2014

CBI Governor: Iraqi Banking System Restructuring to be Complete by end of 2014

03 Feb 2014

CBI has received many applications, by many banks, but so far has not been approved, but the licenses of two foreign banks to operate in the country.
The newspaper quoted the “National” American Abdel Basset Turki, Governor of the Central Bank of Iraq, saying, “We’re going to give approval of the two banks in the region, but not in GCC and will be Read more…

Scaling the phenomenon of amplification enhances the dinar exchange rate

Scaling the phenomenon of amplification enhances the dinar exchange rate

2/2/2014 0:00

Specialist: the monetary policy of the leading economic policies
BAGHDAD – Hussein al-Tamimi Tgb
encircle the problems of monetary policy has become the focus of most of those concerned with financial, in order to reach the financial sector works of running a court check the economic viability of the country and promote all sectors so they can create the economy of multi-resource. economic stability competent Rei financial Samir Nasiri said that monetary policy is one of the most prominent economic policies aimed at achieving economic stability and stabilization of the exchange rate, which in turn increases Read more…

Dinar to the inside window of foreign currency: the ultimate goal of price stability, the central bank

Dinar to the inside window of foreign currency: the ultimate goal of price stability, the central bank

28.01.2014 (0:01 pm)

 d. Sinan Shabibi, Mohammad Reza
We are accustomed to call the auction, but in fact nothing more than a window, which is sold dollar price has not changed for a long time, and in times where there was such a change was due to a deliberate change in monetary policy. The reserve grand which is owned by the Read more…

Central Bank: the withdrawal of licenses for five commercial banks for not filed for their capital

Central Bank: the withdrawal of licenses for five commercial banks for not filed for their capital

Mon, January 27, 2014 14:37

BAGHDAD / Baghdadi News / Basset Turki Saeed said the central bank governor on Monday that the bank is expected to pull the licenses of five commercial banks are unable or unwilling to increase their capital before the expiry of a deadline for the end of January.
And between Turkish vassal in a press statement / Baghdadi News / on the sidelines of a financial conference in Dubai that other banks or committed to the decision taken steps but Read more…

CBI: banks argued the security situation in Iraq exaggeration

CBI: banks argued the security situation in Iraq exaggeration

Mon, January 27, 2014 16:24

BAGHDAD / translation Baghdadi News / .. Central Bank of Iraq, Monday, that the security concerns expressed by foreign banks toward the security situation in Iraq is exaggerated. According to the site Arabian tower will Bazenz.
The central bank governor said Abdul Basit Turki on the sidelines of a conference in Dubai Iraqi Finance in 2014, that “the return of investment Read more…

Deletion of zeros suggested by economic experts of Iraq instead issuing large banknotes

Deletion of zeros suggested by economic experts of Iraq instead issuing large banknotes

23 Jan 2014

A number of specialists in economic affairs of Iraq have advised that the government to apply the project to delete the zeros, instead of issuing large sections of the currency because it will lead to higher inflation.
It is noteworthy that the central bank decided after demanding the federal government to wait to apply the project to delete the zeros and get rid of the monetary mass lean in Iraqi currency by printing Banknotes category 50 thousand dinars, in addition to Read more…

Specialists are advised to apply the deletion of zeros instead of issuing currency large classes

Specialists are advised to apply the deletion of zeros instead of issuing currency large classes

01/20/2014

BAGHDAD / JD / .. Advised a number of specialists in economic affairs the government to apply the project to delete the zeros, instead of issuing large sections of the currency because it will lead to higher inflation.
It is noteworthy that the central bank decided after demanding the federal government to wait to apply the project to delete the zeros and get rid of the monetary mass lean in Iraqi currency by printing Banknotes category (50) thousand Iraqi dinars, in addition to Read more…

Central Bank: the acceptance of a new Iraqi BIS deposits «win-win»

Central Bank: the acceptance of a new Iraqi BIS deposits «win-win»

Tuesday – January 7 (January 2014)

BAGHDAD – World

He CBI, the Bank for International Settlements declaration accepting deposits and additional “win-win situation” for the country, and called for investment in order to achieve comprehensive development in the government and private banks and adhere to international standards in preparation for a credit rating.

The Bank for International Settlements (BIS), based in the Read more…

Accepting deposits in BIS achieve the benefit of Iraq

Accepting deposits in BIS achieve the benefit of Iraq

12/26/2013 0:00

One indicator of his return to the focus of attention of the world
BAGHDAD – Mustafa al-Hashemi
The economist said the appearance of Dr. Mohammed Saleh, said that the Bank of International Settlements, accept deposits from Iraq will benefit the country through capital investment projects, financial investments. Was the Bank for International Settlements (BIS) which is an acronym for the Bank for International Settlements)) may feel the CBI Sunday past, his willingness to accept deposits Iraq for Fiscal Year 2014. Saleh added Read more…

Finance Committee exclude the application of the project to delete the three zeroes through the next two years

Finance Committee exclude the application of the project to delete the three zeroes through the next two years

26-12-2013 08:51 AM

Baghdad (news) .. Excluded the parliamentary Finance Committee application project to delete the three zeroes from the currency during the next two years because it would cause confusion for the Iraqi economy and increasing inflation rates of the country ‘by Ray Committee’. said Committee Vice Chairman Ahmed Faizullah (of the Agency news): The implementation of the project to delete the three zeroes from the currency During the current period would cause Read more…

About the issuance of a new Iraqi currency .. Soon

About the issuance of a new Iraqi currency .. Soon

Posted, 12/23/2013

BAGHDAD / Golden safe

CBI seeks to delete three zeros from the Iraqi currency since 2003. A project that raises many concerns on the street level and the business community of Iraq, and it seems economists are divided between supporters of the project see it as an opportunity to reduce the rates of inflation and unemployment, among forewarned of economic shocks may dominate the Iraqi market due to the application of this project.

The delayed implementation of the project after Read more…

Project raise zeros from the currency early in 2015

A member of the parliamentary economy is expected to work the project raise zeros from the currency early in 2015

Sunday, 22  December 2013 07:30

[Baghdad – where]

Expect a member of the Committee on the economy and investment parliamentary Aziz Sharif Mayahi work project raise zeros from the local currency in early 2015.

It is said that the CBI has been teaching for more than two years, the issue of lifting the zeros from the Iraqi currency, but so far Read more…

Central Bank receives notice from the Bank for International Settlements in Basel to accept deposits Iraq

Central Bank receives notice from the Bank for International Settlements in Basel to accept deposits Iraq

22-12-2013 01:47 PM

Baghdad (news) .. received the CBI notice from the Bank for International Settlements in Basel, expressed through it is ready to accept more deposits Iraq has within the budget of the BIS in 2014. According to a statement of the Central Bank received the Agency (news) copy of it: The Central Bank Iraqi received a notice from the Bank for International Settlements in Basel Read more…

The deteriorating conditions behind the spread of counterfeit currency

A member of the parliamentary economics: the deteriorating conditions behind the spread of counterfeit currency

18-12-2013 10:53 AM

Baghdad (news) .. A member of the Committee on Economy and Investment MP / Kurdistan Alliance / Jassim Chenkali, that fraud currency will affect the Iraqi economy, and lose the confidence of citizens in dealing with the Iraqi dinar. said Chenkali (of the Agency news):): The process of rigging the local currency will lead to asylum most people to deal in dollars and thus weaken the purchasing power of the dinar, adding that Read more…

Ruled out the implementation of the process of deleting the zeros during the current session

Parliamentary sources ruled out the implementation of the process of deleting the zeros during the current session

12.12.2013 0:00

Central bank: not yet time after
Baghdad morning
ruled Committees of Economy and Finance the parliamentary, the implementation of the project to delete the zeros from the currency, during the current legislative session, attributed the reason to the existence of objections by the Council of Ministers on the implementation of the resolution, as well as demanding the central bank to postpone the process of starting the project .
was the CBI said, last April, that there is Read more…

Financial penalties will increase for private banks if the stability and put the cash

Financial penalties will increase for private banks if the stability and put the cash

10/12/2013

BAGHDAD / JD / .. Ministry of Finance admitted that there is a certain period of time to resolve the problem of sanctions imposed on the number of private banks in the country.
The adviser said the ministry Hilal Taan told the reporter / JD / that a bug that has happened with some of the private banks, is pledged to the Iraqi Central Bank by giving them financial packages in order to stabilize the situation in which the cash.
He said that the central bank has pledged to give financial packages to Read more…

Government agencies a monopoly central bank for trading in hard currency!

Government agencies a monopoly central bank for trading in hard currency!

12/05/2013

A number of owners of companies banking financial displeasure of the crackdown that followed the central bank, which controls the routine procedures, and argued that they could not get close to any employee office to ask about their transactions.
They said the bodies close to the government monopoly on currency trading within the central bank, stating that there are close ties to officials close to the government Read more…