Posts Tagged ‘CBI’

CBI Currency Auctions 22/08/2013

Currency Auctions Announcement No. (2458)

The latest daily currency auction was held in the Central Bank of Iraq on the 22-Aug-2013 . The results were as follows: Read more…

The banking sector needs a comprehensive reform process

The banking sector needs a comprehensive reform process

08/21/2013 12:00 AM

Systems do not keep pace with banking modern
BAGHDAD – Hussein ثغب Tamimi
suffer the banking sector in Iraq from the many challenges and needs sweeping reforms with a view to carrying out its functions key to be able to keep up with international developments and work according to their standards. In this regard indicates banking expert Samir النصيري to malfunction Read more…

High central bank sales in the auction today 19/08/2013

High central bank sales in the auction today 19/08/2013

Monday, August 19 / August 2013 14:10

[Baghdad – where]

Central Bank announced on Monday its sales rise of the dollar in the daily public auction to about $ 256 million after being hit on Sunday, 184 million and 346 thousand dollars.

According to a statement of the bank has received all of Iraq [where] a copy of the “size of the amount sold by the bank at the auction of the dollar on Monday reached Read more…

Central bank sales of dollar decline at an auction Sunday 18/08/2013

Central bank sales of dollar decline at an auction Sunday 18/08/2013

Sunday, August 18, 2013 16:51

Baghdad / Baghdadi news / .. decreased sales of the Iraqi Central Bank of the dollar in the auction sale and purchase of foreign currency, Sunday, / / ​​184 million and / 346 / thousand dollars, after having reached yesterday / / 192 million and / 116 / thousand dollars , a stable exchange rate / 1166 / dinars per dollar.
According to a statement moved the Information Office of the Central Bank received Read more…

Traders: the volatility of the price of the dollar intimidated .. Flaming market

Traders: the volatility of the price of the dollar intimidated .. Flaming market

04/08/2013 (00:01 pm)

BAGHDAD / tributary cactus

See bankers that the fluctuation of the dollar exchange rate loses confidence among dealers in hard currency, although the price decline during this period, but he was still unstable fixed price, warned against a competent economic affairs of this volatility continued as a result of mistrust policies of the Central Bank of Iraq and the worsening political crisis in the country, while the parliamentary economic attributed Read more…

CBI Auction sell the currency continues to embezzling millions

CBI Auction sell the currency continues to embezzling millions

Created on Monday, July 29 / July 2013 10:18

Baghdad / Orr News

Senior political source confirmed that the game of high exchange rate of the dollar is still valid, especially that it is the third largest way to embezzling millions of dollars a day and distributed to partners of politicians and leaders of parties and blocs outstanding, as well as influential in government. The source said that “the so-called” auction sale of the currency “by the central bank is only a way to manipulate the market and to keep Read more…

CBI sells $ 216 million in a meeting Sunday

CBI sells $ 216 million in a meeting Sunday

28/07/2013 17:33

A slight increase in central bank sales of foreign currency in the second week sessions

Baghdad / Mesalla: the central bank auction record for the sale of Iraqi currency, Sunday, selling 216 357 000 million, compared with $ 201 968 000 million recorded in sat, on Saturday, a stable exchange rate at Read more…

CBI registers to sell more than $ 210 million in session Wednesday

CBI registers to sell more than $ 210 million in session Wednesday

24/07/2013 14:48

A slight reduction in central bank sales of foreign currency in the fifth week sessions

Baghdad / Mesalla: the central bank auction record for the sale of Iraqi currency, Wednesday, declined slightly to 210 129 000 million, compared with $ 278 814 000 million recorded in the session on Monday, a stable exchange rate at 1166 dinars per dollar.

The bulletin of the auction that the Bank of aggregate demand on the dollar Read more…

CBI decides to transform government amounts of compensation to the outside of Iraqis who have permanent residency only

CBI decides to transform government amounts of compensation to the outside of Iraqis who have permanent residency only

Author:
Editor: BS, NK 06/14/2013 15:35

Range Press / Baghdad
Central Bank of Iraq, on Friday, he decided to transform the compensation government for Iraqis living outside Iraq and issued in their favor decisions judicial deterministic, while stressing that the conversion will exclusively Iraqis who have residences permanent and not temporary, pointed out that the conversion will be the currency Alognih According to the pricing in banks approved by him.
The Director-General Agency of the Central Bank Abdul Abbas Khalaf in a statement received (range Press), a copy of which, “The management of the Read more…

CBI is preparing to sue the Attorney Jawad Alshahyla

CBI is preparing to sue the Attorney Jawad Alshahyla the to Osath to monetary policy promised his “misleading”

03/06/2013

Palm – criticized the CBI conversations misleading which are used to meet the Bank’s policy Avenue in “uprooting the corrupt and parasites and defending men bankers serious and actors in building the economy of Iraq,” stressing that “sue MP Jawad Alshahyla for insulting the bank,” and reiterated its call politicians “stand on health topics that they have, especially since some are real and illogical. ”

The bank did not name the Read more…

Microsoft is trying to contract with the central bank for the introduction of technology

Microsoft is trying to contract with the central bank for the introduction of technology in the work of local banks

25-05-2013 12:48 PM

Baghdad (news) .. Central Bank of Iraq’s desire Microsoft Corporation to contract with him in the introduction of technological systems banking in the work of local banks. said Director General of the Department of Information Technology at the Central Bank in the forum technological banking which was organized by my company Microsoft and palm leaves under the auspices of the Central Bank and attended by the Agency (news): The Microsoft Corporation Inc. palm leaves have a desire to contract with the Central Bank for the development of the banking system, Read more…

Parliament, CBI, discuss issuance of decisions to maintain Iraq’s funds

Parliament, CBI, discuss issuance of decisions to maintain Iraq’s funds

Sunday, 12 May 2013 19:18 | | |

Baghdad (AIN) -The Iraqi parliament chairmanship discussed with head of the Financial Supervision Council FSC, and acting governor of Central Bank of Iraq, Abdul Basit Turki, the issuance of the decisions which help protect Iraq’s moneys for the next year and addressing the country’s debts.

A statement by the Media Office of the Parliament cited “The parliament chairmanship headed by the Speaker Osama al-Nijaifi and his two Deputies met on Sunday, with head of the FSC and CBI’s acting governor.”

“The parliament chairmanship stressed its full support to the procedures of Read more…

Central banks actions for the stability of the Iraqi dinar is not working

Central banks actions for the stability of the Iraqi dinar is not working

04/27/2013 (23:01 pm)

Baghdad / tributary cactus and agencies

Experts believe specialize in regard financial and currency traders that the stability of the exchange rate of the dollar against the Iraqi dinar due to the absence of professional management of the central bank, pointing to the need to reconsider the mechanism by which it deals with the market to correct failures occurring in the exchange rate volatility, and record the dollar exchange rate in the market local risen sharply over the past few days, if the price of one dollar more than Read more…

Appeal to the need to launch citizens’ deposits with banks Warka and Basra

Appeal to the need to launch citizens’ deposits with banks Warka and Basra

18:23 26/04/2013

Follow-up – and babysit – Economic Information Center appealed to the central bank to give assurances to depositors about the safety of their deposits with the bank Warka and Basra.
The head of the center Dergham Mohammed Ali that the numerous complaints received from the depositors in the Warka Bank in addition to the Bank of Basra to the Media Center Economic about the absence Read more…

Delete the three zeroes from the currency will not see the light after the dismissal of Shabibi

Economic Parliamentary: Delete the three zeroes from the currency will not see the light after the dismissal of Shabibi

18 APRIL / MAY 2013 16:50

Twilight News / ruled out the decision of the Economic Committee in the House of Representatives Mahma Khalil, Wednesday, that is to delete the three zeroes from the currency of Iraq over the next year, returned to the changes, which affected the CBI may prevent the process of restructuring the national currency, as well as having a previous request to the government to wait In the beginning the currency Read more…

Finance parliamentary climb Governor Central Bank and the Agency

Finance parliamentary climb Governor Central Bank and the Agency

The time on Wednesday, April 10 / April 2013 07:40 | |

Baghdad / Orr News

Finance Committee decided to climb the central bank governor and Abdul Basit Turki Agency to discuss the reasons for the high price of the dollar against the Iraqi dinar.

Said committee member Magda Tamimi “submitted an application to host the Iraqi Central Bank Governor agency Abdel Basset Turki to discuss the high price of the dollar against the Iraqi dinar, and we want hosting viewed from the governor on the bank’s policy and plans to maintain exchange rate stability Read more…

Central confirms obtain a statistical error in the reserves of gold

Central confirms obtain a statistical error in the reserves of gold and points to the presence of target performance

Wednesday, April 10, 2013 16:26

BAGHDAD / Baghdadiya News / .. the central bank of Iraq, on Wednesday, the existence of a statistical error in the data on Baanaatih of gold made by the International Monetary Fund (IMF) have been corrected, pointing to the existence of systematic targeting of its performance, and that it will not tolerate the targeting.
The bank said in a statement received / Baghdadiya News / copy of it, that “the source of discrepancies in the data related with the Central Bank of gold Read more…

Iraq’s accession to membership of the Islamic Corporation for the Insurance of Investment will

Economist: Iraq’s accession to membership of the Islamic Corporation for the Insurance of Investment will contribute to attracting foreign investment to the country

10-04-2013 12:25 PM

Baghdad (news) .. Said a specialist in economic affairs Ismail Radi, that Iraq’s accession to membership of the Islamic Corporation for the Insurance of Investment and Export Credit will increase Iraqi exports and attract international companies to invest in the country. Radi said (of the Agency news): The Islamic Corporation specialized to secure investment and export credit is one of the international institutions that maintain the rights of investors in all countries of the world, as well as it gives great features to Read more…

A call to State Consultative Council to send the Banking Act to the parliament for approval.

A call to State Consultative Council to send the Banking Act to the parliament for approval.

04/09/2013

A member of the parliamentary Finance Committee, Najiba Najib called the (Shora Council) to speed sending the new banking law in order to pass it in the House of Representatives. Read more…

Banks is capable of: the central bank does not provide only one third of the market need of dollar

Banks is capable of: the central bank does not provide only one third of the market need of dollar

04/08/2013 (23:01 pm)

Baghdad / term Press

Accused the Public Authority for the North Bank for Finance and Investment Sunday CBI not to meet the needs of the Iraqi market of hard currency for the past five months and refer to the responsibility of the private banks, while confirming that Iraq needs to pump nearly $ 300 million in the market every day to fill its need of currency . While criticized these statements Central Bank promised they Read more…