Posts Tagged ‘Central Bank of Iraq’

Iraqi Dinar/US Dollar auction results 8-7-16

Iraqi Dinar/US Dollar auction results 8-7-16

Results currency auction
Announcement No. (3253)

Opening Offers sale and purchase of foreign currency daily window in the Central Bank of Iraq on Sunday for a brief summary 08.07.2016 and the results were as follows: Read more…

Economists warn of continued high dollar exchange rate .. and are demanding action to reduce currency auction

Economists warn of continued high dollar exchange rate .. and are demanding action to reduce currency auction

8-7-2016

Economists and specialists warned in financial affairs, on Saturday, the continued rise in the dollar exchange rate , which led to stagflation and an increase in prices of goods and commodities price. As called for the central bank to reduce the amount of dollar selling by the daily currency auction, called for activating the laws on import and export operations to prevent money laundering , smuggling out of the country and install a specified exchange rate helps to stabilize market prices price. The Iraqi Central Bank announced on Sunday (July 24, 2016 ), agreed to open Read more…

Stand-By Arrangement with the International Monetary Fund «SBA»

Stand-By Arrangement with the International Monetary Fund «SBA»

8/7/2016 0:00

Obtained by the «morning» exclusively
Baghdad – the morning of the
Executive Board of the International Monetary Fund endorsed on 7 July 2016 an agreement (standby credit with Iraq arrangements) that is embodied in the appendices accompanying (by Iraq) and of the letter of intent and memorandum of economic and financial policies and a memorandum of technical understanding.
the aim of the mentioned to close the financial gap of more than $ 50 billion over the years 2016-2019 agreement. The agreement will also provide credit facility (in a soft loan) of $ 5.3 billion.
Granted credit facilities by 13 installments starting from mid – July 2016 , Read more…

Iraqi Dinar/US Dollar auction results 8-4-16

Iraqi Dinar/US Dollar auction results 8-4-16

Results currency auction
Announcement No. (3252)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Thursday to brief summary of 08.04.2016 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 8-3-16

Iraqi Dinar/US Dollar auction results 8-3-16

Results currency auction
Announcement No. (3249)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Monday to brief summary of 01.08.2016 and the port on Wednesday day on 08.03.2016 and the results were as follows: Read more…

Dinar on raising the money supply in the size of banks

Dinar on raising the money supply in the size of banks

03/08/2016 0:00

Author: Yasser incumbent
BAGHDAD Shokran Fatlawi
invited experts and interested in the financial and economic affairs to the need to speed up the issuance of e – dinar and the application of modern systems in the business dealings because of its positive effects on the overall economic life and development of the reality of the banking sector in particular it provides pre – financial sources of the state by increasing the money supply Read more…

E-Currency

E-Currency

03/08/2016 0:00

Received a seminar « the introduction of the electronic currency trading and cash deal» the economic importance of direct and semantic interest group of business and finance experts and economists and interacted with the event organized by the progress of policy development institute and as usual in the selection of sensitive topics related to seek the requirements of economic reform efforts by the Central Bank of Iraq on the path of preparation to announce the date of implementation Read more…

Dollar rises again .. specialists are demanding the central bank to clarify the reason for the low value of the dinar

Dollar rises again .. specialists are demanding the central bank to clarify the reason for the low value of the dinar

08/02/2016

BAGHDAD / JD / .. After a period Tzbzbah to the dollar exchange rate against the dinar back today to rise to $ 1 280 thousand dinars per dollar, it has a number of specialists warned the financial and economic of the continued rise in the dollar exchange rate, which will lead to stasis of inflation in the domestic market issue, demanding Central Bank to clarify the real reasons behind the dramatic decline at the price of the Iraqi dinar exchange rate against the US dollar.
He says the financial expert on behalf of al-Tamimi, said that “there is a big spike in the US dollar against the dinar For the central bank Read more…

Iraqi Dinar US Dollar auction results 8-1-16

Iraqi Dinar US Dollar auction results 8-1-16

Results currency auction
Announcement No. (3248)

Opening Offers sale and purchase of foreign currency daily window in the Central Bank of Iraq on Sunday for a brief summary 31.07.2016 and the results were as follows: Read more…

The central bank gives the government banks until September to adapt itself to the electronic systems

The central bank gives the government banks until September to adapt itself to the electronic systems

01.08.2016 12:48

Long-Presse / Baghdad
Iraqi Central Bank revealed on Monday, all give him the government banks until next September, to adapt itself to electronic systems and transactions, while among the beneficiaries and users proportion of those dealings in Iraq, “not to exceed” ten percent, favored the possibility of the contribution of orientations to expand their use and take advantage of 77 percent of the money Read more…

Iraqi Dinar/US Dollar auction results 7-31-16

Iraqi Dinar/US Dollar auction results 7-31-16

Results currency auction
Announcement No. (3248)

Opening Offers sale and purchase of foreign currency daily window in the Central Bank of Iraq on Sunday for a brief summary 31.07.2016 and the results were as follows: Read more…

The central bank sets the date of the launch of the electronic currency in Iraq

The central bank sets the date of the launch of the electronic currency in Iraq

Sunday July 31, 2016 – 03:33

Revealed the central bank governor, on the Keywords, the identification of next year as the date for the launch of the electronic currency through a dinar or e – card. Keywords and said, in a press statement on Sunday, said that the launch of the electronic currency would be after the termination of the Central Bank of infrastructure Read more…

Governor of the Central Bank confirms the launch of the electronic currency through 2017

Governor of the Central Bank confirms the launch of the electronic currency through 2017

Saturday, July 30, 2016 17:46

BAGHDAD / Baghdadi News / .. The governor of the central bank on the Keywords, on Saturday, that the 2017 launch date for the electronic currency through the mail or e-dinar cards.

Said Ali Keywords in a press conference held at the Institute of the progress of policy development, and I followed / Baghdadi News /, “The next year, 2017, will see the launch of the electronic currency Read more…

Iraqi Dinar/US Dollar auction results 7-28-16

Iraqi Dinar/US Dollar auction results 7-28-16

Results currency auction
Announcement No. (3247)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Thursday to brief summary of 07.28.2016 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 7-27-16

Iraqi Dinar/US Dollar auction results 7-27-16

Results currency auction
Announcement No. (3246)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Wednesday, a brief summary of 07.27.2016 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 7-26-16

Iraqi Dinar/US Dollar auction results 7-26-16

Results currency auction
Announcement No. (3245)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Tuesday to brief summary of 07.26.2016 and the results were as follows: Read more…

Specialists: Natural dollar sales decline and will serve the domestic monetary policy

Specialists: Natural dollar sales decline and will serve the domestic monetary policy

26/07/2016 16:55

Long-Presse / Baghdad
He attributed the financial advisor to the Prime Minister Haider al-Abadi, Tuesday, lower central bank sales of foreign currency to the decline in demand for consumer goods by about commensurate with the current economic circumstance, and with several economic experts “useful for monetary policy and in line with Read more…

Iraqi Dinar/US Dollar auction results 7-25-16

Iraqi Dinar/US Dollar auction results 7-25-16

Results currency auction
Announcement No. (3244)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Monday to brief summary of 25.07.2016 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 7-24-16

Iraqi Dinar/US Dollar auction results 7-24-16

Results currency auction
Announcement No. (3243)

Opening Offers sale and purchase of foreign currency daily window in the Central Bank of Iraq on Sunday for a brief summary 24.07.2016 and the results were as follows: Read more…

Finance Committee: issuing banknotes which include the marshes and Antiquities does not need to enact a law

Finance Committee: issuing banknotes which include the marshes and Antiquities does not need to enact a law

07/20/2016

BAGHDAD / JD / .. the parliamentary finance committee confirmed, that the issuance of banknote by the Central Bank of Iraq, which included the marsh sites and relics does not require new legislation.
A member of the committee MP Ahmed Sarhan told / KD / that “the Central Bank Law gave permission to a central cash by issuing new editions, where the central bank when it issued the 50,000 dinars edition did not consult any party.”
He added that “the central bank’s intention to issue banknotes Read more…