Posts Tagged ‘Central Bank of Iraq’

Iraqi Dinar/US Dollar auction results 8-9-15

Iraqi Dinar/US Dollar auction results 8-9-15

Currency Auction Results
Announcement No. (3009)

Opening Offers sale and purchase of foreign currency daily three thousand and nine in the window of the Central Bank of Iraq on Sunday for a brief summary 08.09.2015 and the results were as follows: Read more…

Call for the establishment of economic institutions in accordance with the laws of international banks

Call for the establishment of economic institutions in accordance with the laws of international banks

8/9/2015 0:00

Baghdad, Alaa al-Tai
economic advisor to the Prime Minister Dr. called the appearance of Mohammed Saleh, government agencies concerned with the economic aspect of the country, to the creation of economic institutions according to the approved banks and the laws of the world, noting that the national economy needs to be a serious stand to promote it, as well as the banking business. “He stressed Saleh, an economist known, the need for a “new working mechanism to keep the financial system in the country, and the establishment of banking institutions in accordance with the internationally accepted Read more…

Keywords: public expenditure did not contribute to the expansion of the productive base

Keywords: public expenditure did not contribute to the expansion of the productive base and did not achieve any developing economy

08/08/2015 08:45 GMT

Follow-up – and babysit – The governor of the Central Bank on the Keywords, Saturday, that the public expenditure did not contribute to the expansion of the productive base and did not achieve any development of the Iraqi economy, as explained that without the work done by the Bank saw Iraq financially difficult situation, he noted bond issue worth five billion dollars to be sold on Read more…

Source: Central Bank released today a loan of $ 5 trillion dinars for banks

Source: Central Bank released today a loan of $ 5 trillion dinars for banks (industrial, agricultural and real estate)

08/08/2015 11:20 GMT

Follow-up – and babysit – CBI called, on Saturday, a loan of five trillion dinars for banks (industrial, agricultural, real estate).
The source said, “The bank will assess the ten o’clock in the morning conference, which announced the launch of five trillion dinars in loans to banks (industrial, agricultural, real estate).”

“The conference will be held in the presence of Deputy Prime Minister for Economic Affairs Rose Nuri Shaways, and Governor of the Central Bank and the Agency on the Keywords, and finance Read more…

Report: Iraq is going through the most serious economic crisis that threatens the entire future

Report: Iraq is going through the most serious economic crisis that threatens the entire future

08/08/2015 14:18 GMT

Follow-up – and babysit – currently undergoing Iraq the most serious economic crisis since 2003 has been threatening his future in full, and the reasons for this significant deterioration sharp decline in oil prices and the control of the organization Daash on the third of the area of Iraq (where many of the oil fields and refineries, local and foreign banks), and the breadth of administrative corruption and financial in the country, which has Read more…

Iraqi Dinar/US Dollar auction results 8-6-15

Iraqi Dinar/US Dollar auction results 8-6-15

Currency Auction Results
Announcement No. (3008)

Opening Offers sale and purchase of foreign currency daily three thousand and eight window in the Iraqi Central Bank on Thursday to brief summary 06.08.2015 and the results were as follows: Read more…

Experts suggest investment bank deposits up to $ 25 billion

Experts suggest investment bank deposits up to $ 25 billion

Posted 06/08/2015 04:09 PM

Economic circles suggested the possibility of investment bank deposits amounting to about 30 trillion Iraqi dinars (25 billion dollars), to deal with the results of the financial crisis resulting from the drop in world oil prices on the economic situation of the country, as well as the budget deficit.
Kamal Al-Basri said financial expert and head of the Iraqi Institute for Economic Reform, that «bank deposits amounting to more than 30 trillion dinars can be used to meet the deficit of the state budget, through the sale of government bonds».
He pointed to the need to Read more…

Iraqi Central: Launch 5 trillion dinars loans to banks next Saturday

Iraqi Central: Launch 5 trillion dinars loans to banks next Saturday

Thursday, August 6, 2015 09:00

BAGHDAD / Baghdadi News / … the Iraqi Central Bank announced on Thursday that he will be fired 5 trillion dinars loans to banks on Saturday.
According to a statement of the bank received / Baghdadi News /, a copy of “an important conference held next Saturday, to announce the launch of 5 trillion dinars loans Read more…

A parliamentary report: local banks smuggled billions of dollars through front companies run

A parliamentary report: local banks smuggled billions of dollars through front companies run

08/06/2015 (00:01 pm)

BAGHDAD / Mohammad Sabah

A report prepared by the Parliamentary Finance Committee for a one Iraqi banks to transfer amounts exceed the budget of some neighboring countries, adding that dozens of front companies operating as fronts for commercial These involved the banks of smuggling currency since 2012.
The report goes back to late last June during the setback suffered by the dinar exchange rate Iraqi against the dollar after that Read more…

Iraqi Dinar/US Dollar auction results 8-5-15

Iraqi Dinar/US Dollar auction results 8-5-15

Currency Auction Results
Announcement No. (3007)

Opening Offers sale and purchase of foreign currency daily three thousand and seven in the window of the Central Bank of Iraq on Wednesday, a brief summary 08.05.2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 8-4-15

Iraqi Dinar/US Dollar auction results 8-4-15

Currency Auction Results
Announcement No. (3006)

Opening Offers sale and purchase of foreign currency daily three thousand and six in the window of the Central Bank of Iraq on Tuesday to brief summary of 08.04.2015 and the results were as follows: Read more…

Lower gold recovery locally with the Iraqi dinar exchange rate

Lower gold recovery locally with the Iraqi dinar exchange rate

Tuesday 04 August 2015 07:30

Announced the appearance of Mohammed Saleh, economic adviser to Iraqi Prime Minister, that Iraq imports annually about 70 tons of gold, pointing out that the decline in gold prices in the domestic market demonstrates the strength of the Iraqi dinar. Saleh said in a statement to «life» that «abundance gold with strength of the dinar led to lower prices in the local markets, as the price of gold on the world market fell so much ». He explained that «the reasons for Read more…

Central Bank: the average daily dollar sales for the year totaled $ 110 million

Central Bank: the average daily dollar sales for the year totaled $ 110 million

04/08/2015 07:57 GMT

Follow-up – and babysit – the central bank, announced that average daily dollar sales for the year totaled $ 110 million, stressing that its reserves of foreign currency cover for more than one and half times the size of the Iraqi currency, while noting that some of the statements inaccurate detrimental to the Iraqi economy.
The bank said in a statement received news agency public opinion (and babysit), a copy of it, on Tuesday, that “the average daily dollar Read more…

Iraqi Dinar/US Dollar auction results 8-3-15

Iraqi Dinar/US Dollar auction results 8-3-15

Currency Auction Results
Announcement No. (3005)

Opening Offers sale and purchase of foreign currency daily three thousand and five window at the Central Bank of Iraq on Monday for a brief summary 08.03.2015 and the results were as follows: Read more…

A member of the parliamentary Finance: low central bank balance of about $ 10 billion

A member of the parliamentary Finance: low central bank balance of about $ 10 billion

02/08/2015 nine eight

[Baghdad – where]
the parliamentary finance committee member Ahmed al-Haj said, “The central bank balance dropped from 2014 – 2015 of about $ 10 billion.”
He said al-Haj, told all of Iraq [where], “Our feedback that Iraq will get $ 150 million a day, due to the sale of oil, but the currency auction doubling of this amount is increased where there are more than a half or double the amount raised in the auction.”
he said “This poses a threat to the Iraqi economy, as it has to be kept Read more…

Parliamentary Finance confirms the continuation of the “central” to print new banknotes: will go within days

Parliamentary Finance confirms the continuation of the “central” to print new banknotes: will go within days

30/07/2015 16:48 pm (Baghdad time)

Special-scales News
Approved the decision of the parliamentary finance committee Ahmed Hama, Thursday, the central bank is constantly in the process of printing banknotes category 50 000 dinars to put forward in the Iraqi market early next month.
He said Hama’s / scales News /, that “it is possible to introduce new banknotes category 50 000 in the Iraqi market early next month after he managed the Central Bank of print,” explaining that Read more…

Allawi reveals thefts Central Bank of Iraq and the process of sabotaging the Iraqi economy

Allawi reveals thefts Central Bank of Iraq and the process of sabotaging the Iraqi economy during the previous years

Thursday July 30, 2015 – 12:00

By: Mohammed Tawfiq Allawi (proposed solutions to Dr. Haidar al-Abadi out of the economic crisis stifling) is not Iraq of more states only corrupt in the world, it is the state’s number one in corruption in the world in terms of the amounts stolen from the citizen for the benefit of spoilers, Vemoazinh Iraq, which amounted to about 140 billion dollars, we can say with confidence that a large proportion of this budget goes thefts in the pockets of corrupt politicians first place and who walks in their passengers of spoilers from the general public, and can not be compared to Read more…

Iraqi Dinar/US Dollar auction results 7-29-15

Iraqi Dinar/US Dollar auction results 7-29-15

Currency Auction Results Announcement No. (3004)

Opening Offers sale and purchase of foreign currency daily window three thousand and four in the Iraqi Central Bank on Wednesday to brief summary 07.29.2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 7-28-15

Iraqi Dinar/US Dollar auction results 7-28-15

Currency Auction Results Announcement No. (3003)

Opening Offers sale and purchase of foreign currency daily three thousand and three window in the Iraqi Central Bank on Tuesday for a brief summary 28.07.2015 and the results were as follows: Read more…

World Bank: two-month deadline for Iraq to approve the money laundering law

World Bank: two-month deadline for Iraq to approve the money laundering law

July 28, 2015 16:37

Direct: the parliamentary Economic Committee revealed, all grace the World Bank and international financial institutions for two months for Iraq to pass anti-money laundering law .

Said committee member Najiba Najib in a press statement transferred reporter and the Iraqi News Agency Information / INA.

“The Presidency of the Council of Representatives on anti-money laundering law to include on the agenda of the Council nearest session before Read more…