Posts Tagged ‘CBI’

Chalabi reveals smuggling for US dollar at CBI

Chalabi reveals smuggling for US dollar at CBI

Monday, 08 April 2013 17:18

Baghdad (AIN) -The head of the Investigating Commission for accounts of the Iraq Development Fund at the Central Bank of Iraq, Ahmed al-Chalabi, revealed operations of smuggling for the US dollar via the money orders of the Central Bank abroad.

Chalabi said in a press conference at the parliament building on Monday “The CBI’s sales of dollar in 2006-2009 reached $ 2078320000 billion which is Read more…

Central bank sales of dollar rise at an auction Wednesday

Central bank sales of dollar rise at an auction Wednesday

Wednesday, April 3, 2013 15:20

BAGHDAD / Baghdadiya News / .. sales rose CBI of the dollar in the auction for the sale and purchase of foreign currency, Wednesday, to 183 497 000 dollars after hitting a yesterday 139 million and 840 thousand dollars a stable exchange rate was 1166 dinars per dollar. ”
The governor of the Central Bank and the Agency Abdul Basit Turki said in a statement Read more…

New Iraqi Dinar to Change World Banking

New Iraqi Dinar to Change World Banking

Posted on 01 April 2013.

By Marc Snaid.
The Central Bank of Iraq (CBI) has announced that the introduction of the new Iraqi currency has been further delayed due to teething problems with the cutting-edge technology that it will employ.
Radical new functionality including fingerprint recognition and near-field communication (NFC) promises to create a world-leading new monetary system, which will be the envy of governments around the world.
Several years of collaboration between the CBI, the World Bank, and Goldman Read more…

Dollar maintains its price at the central auction amount “1179” JD

Dollar maintains its price at the central auction amount “1179” JD

Wednesday, March 27, 2013 15:28

BAGHDAD / Baghdadiya News / .. Keep the sale price of the dollar in CBI auction, Wednesday, the price set in yesterday’s session of “1179” dinars.
The central bank governor said Abdul Basit Turki in a statement quoted by his press office and received / Baghdadi News / copy of it, that “the value of central bank auction sales of the dollar amounted to Read more…

3-23-2013: Iraqi Dinar Guru guesses!!!

3-23-2013: Iraqi Dinar Guru guesses!!!

3-23-2013 Intel Guru Frank26 Article: “IMF mission concludes Article 4 discussion with Iraq” Article 4 is the key to their shackles, Chapter 7. In the last 10 days the IMF met with the GOI and the CBI. They accepted everything presented to them to have approval to raise the value of their currency. This was the key to their shackles, it’s called Article 4. The IMF needed 85% of it’s members to raise their hands and say they allow Iraq to increase their exchange rate and the got it. They now exit from, from the IMF, Article 14, accepted through Article 4, to enter International status of Article 8. Read more…

CBI decides to grant licenses to banks to increase the civil branches

CBI decides to grant licenses to banks to increase the civil branches

12/06/2012 09:54

Baghdad, June 12 (Rn) – The Central Bank of Iraq, Tuesday, for making a decision to grant licenses for a limited number of private banks to increase its branches in Iraq, noting that private banks have exceeded the 40 banks. Deputy Governor of the Central Bank of the appearance of Mohammed, told the Kurdish news agency (Rn ) that “the Central Bank of Iraq has taken a middle ground through a grant licenses for a number of private banks with foreign branches are more than 40 for the opening of bank branches.” He explained that “the total number of branches of domestic banks and foreign in Iraq up to about Read more…

CBI: the Committee on Trusteeship will pay depositors Warka Bank

CBI: the Committee on Trusteeship will pay depositors Warka Bank

13/05/2012 10:32

Baghdad, May 13 (Rn) – The Central Bank of Iraq, Sunday, The Committee on Trusteeship, which commissioned the study and the liquidation of the assets of the Warka Bank Ahli, who suffered a severe financial crisis is seeking as a first stage to pay depositors the bank over the assets of the bank as he emphasized that the Sergeant Financial is still studying up to now assets of the bank in order to raise the final report developed by the Central Bank. and decided Central Bank of Iraq beginning of March last to develop and Read more…

The central bank increases the rate of the dollar to sell banking companies, banks, civil

The central bank increases the rate of the dollar to sell banking companies, banks, civil

16/04/2012 17:27

Baghdad, April 16 (Rn) – The Central Bank of Iraq that he decided to sell 75 thousand dollars for each company banking and 250 thousand dollars to the banks eligibility in order to reduce the problems that lead to high prices of the dollar against the local currency. Deputy Governor of Central Bank of Iraq, told the Kurdish news agency (Rn) that “the central bank decided to sell 75 thousand dollars for each company banking a week after the value of selling 50 thousand dollars and the sale of… Read more…

JD reveals new procedures for the central bank currency rates on the rise

17/04/2012

BAGHDAD / JD / .. Deputy Governor of the Central Bank of the speculators in the currency market and put the bank in front of critical options to address the recent rise in the Iraqi dinar exchange rate against the dollar, and revealed new measures to reduce the phenomenon of bleeding of the currency. The appearance of Dr. Mohamed Saleh, told the correspondent of the agency (JD): The treatment for the problem of high exchange rate requires taking one of two options either to cover the demand to provide a large reserve of currency or to let the consumer faces the consequences of… Read more…

Jubouri: Central Bank take even two steps to raise the price of the Iraqi dinar

04/15/2012

BAGHDAD / JD / .. According to a member of the Finance Committee’s parliamentary Haitham Jubouri take two steps the Iraqi Central Bank to raise the price of the Iraqi dinar and weighed against the U.S. dollar. Jubouri said L / JD / “The central bank has taken two steps is to first new controls on the value of the transfer and identify external electronic point of arrival and will go to any country,” and secondly “to keep the bank with $ 65 billion in capital.” Jubouri and “The Bank to keep the $ 65 billion is a very good capital that would preserve… Read more…

Expert: Central Bank need to change policies rather than leadership change

04/16/2012

BAGHDAD / JD / .. stressed economic expert, Dr. Asia Kazem al-Saadi said the central bank needs to change policies rather than changing the leadership. The professor of economics at the College of Management and Economics at the University of Baghdad / for JD /: that the policies of the bank open and behind the deterioration in the price of hard currency, saying that the problem will not be changing the leadership of the Central Bank a comprehensive solution.She said Saadi, he can, the bank enhances the position of the currency if… Read more…

Iraqi dinar swings due to political unrest and economic sanctions on neighboring countries

Date: Monday 16/04/2012 20:29

Translation: Ammar Kazim Mohammed Alaa Rady in place for the disposal of the currency in central Baghdad, there was a panel displays the value of Iraqi dinar to the U.S. dollar has been developed by three question marks in front of the value of the dinar. Iraqi businessmen say several weeks ago and they are struggling because of price concerns of the Iraqi dinar as a result of economic sanctions imposed on Iraq’s neighboring countries such as Iran and Syria as well as political unrest in the country. Alaa Rady shop owner: the price of… Read more…

Iraq: Maliki escalating attempts to control the Central Bank reminds us of what he did the previous regime of waste

Monday, April 16 / April 2012 14:54

[Baghdad – where]

The Iraqi List, expressed its grave concern at the escalation of the attempts of Prime Minister Nuri al-Maliki to take control of the Central Bank.

The spokeswoman said the list Maysoon al in a statement received by all of Iraq [where] a copy of it today, “continues the coalition in Iraq with great concern the escalation of attempts to the Prime Minister to control the central bank, which is of independent bodies associated with the House of Representatives, which fortified the Constitution and the law of any interventions government.

She added, “and is increasingly clear that attempts to authoritarianism on the central bank intended things to Khtiran, namely the acquisition of the cover of the Iraqi currency of reserves the central bank, and… Read more…

Deputy central bank governor denies the government’s accusations that the auction cause of the low exchange rate of the dinar

On: Saturday 04/14/2012 17:42

Chairman of the Chamber of Commerce of Babylon’s (Citizen): lack of experience in government advisers led to the deterioration of the economic situation of the citizen – Ali Shaker Royal detection Advisor to the Prime Minister for Legal Affairs Fadel Muhammad from the conversion of more than $ 200 billion out of Iraq by the Central Bank auction to support a fixed rate for the dinar exchange . And denied the deputy governor of the Central Bank of the appearance of Mohammed Saleh accused adviser to Prime Minister Fadel Muhammad of the Central Bank that the procedures for… Read more…

Mutlaq warned the government from interfering with project raise zeros from the dinar

Saturday, April 14, 2012 14:29

BAGHDAD / Baghdadiya News / .. Deputy Prime Minister Saleh al-Mutlaq, Saturday, from attempts to link the Central Bank of Iraq’s government and intervention for privacy, noting that this action and intervention for privacy and his powers and fiscal policy will lead to the collapse of the Iraqi currency and weakening economy and displays of public money at risk.

He said al-Mutlaq said in a statement issued by his office and received / Baghdadiya News / copy of it, “The Iraqi government has issued two positions contradictory,… Read more…

Maliki is not “convinced” the performance of the central bank governor

On: Saturday 04/14/2012 11:12

 Baghdad / term 
 government confirmed yesterday that Prime Minister Nuri al-Maliki is “absolutely convinced” the performance of the Central Bank Governor Sinan Shabibi, as a result of continued high inflation in the country and the recent economic crisis. He accused the Central Bank of speculators in the currency market attempts to illicit enrichment through the exploitation of crises experienced by some neighboring countries and… Read more…

Iraq calls for free to open an investigation to “breaches” the Central Bank and calls for the government to intervene

Saturday April 14, 2012

Sumerian News / Baghdad called the Iraqi bloc of free, on Friday, to open an investigation into the reports about the presence of breaches in the work of the Central Bank, as called for government to intervene in the event proved it. and the bloc said in a statement released today, has received “Alsumaria News” copy of it, “What are talking about some of the parties on the presence of breaches in the work of the Central Bank recently, especially in relation to fall in the value of the Iraqi dinar against the U.S. dollar requires validation,” calling for… Read more…

Deputy for the Iraqi bloc free: there are companies that are not known to deal with the central bank to lift and caused the dollar exchange rate

On: Saturday 04/14/2012 11:05

Baghdad (news) .. Called MP / Iraqi bloc of free / Zuhair Araji, the committee formed by the prime minister to investigate the reasons for the high price in front of the dinar. 
They said in a press statement: there is information to suggest that companies that used to deal with the Central Bank, which received official approval in this regard are 21 companies and the Bank only, but what happened later is… Read more…

Deputy central bank bears Yasiri responsibility leave Iraqi funds frozen in international banks

On: Saturday 04/14/2012 12:09

Baghdad (news) .. Download a member of the Finance Committee MP / National Alliance / Abdul-Hussein al-Yasiri Central Bank responsible for not investing the money Iraqi deposited in international banks, despite the fact that the country desperately needed for the implementation of investment projects and services. 
Yasiri said (of the Agency news) on Saturday: The Central Bank bear the greatest responsibility not to invest in Iraqi funds frozen in international banks, amounting to more than (62) billion dollars, stressing that… Read more…

Iraq: Economists claim to support the central import in euros to meet the depreciation of the dinar against the dollar

13/04/2012 17:45

Baghdad, April 13 / April (Rn) – The number of economic experts, the Iraqi government to support import in euros to face the crisis, the devaluation of the Iraqi dinar against U.S. Dollars.said economic expert is teaching at the University of The Hague, Netherlands Sajid full, told the Kurdish news agency (Rn) that “the Bank CBI is called upon to resolve the latest crisis to focus the import of the euro and work to address the serious to reduce the demand for the Iraqi dinar. ” He explained that “the Iraqi dinar deteriorated alarmingly over the past week which indicates the absence of a policy of balanced central bank from which to support the… Read more…