Posts Tagged ‘Central Bank of Iraq’

Iraq looking to get credit rating

Iraq looking to get credit rating

5/31/2015 0:00

In order to issue denominated foreign bonds in dollars
BAGHDAD – Mostafa Hashemi
said Iraq’s intention to issue IOUs sovereign, internal and external, for the purpose of finding funding to cover the budget, which is estimated at about a quarter of the amount of the budget for the current year’s 119 trillion and 585 billion and 322 million and 783 000 dinars deficit.
According to Article ( 2 / II / a) of the budget law, the amount of the deficit is covered from internal and external borrowing, and because Read more…

Central demands to ensure the safety of the banking system

Central demands to ensure the safety of the banking system

5/31/2015 0:00

D. Qusay al-Jabri: price stability of the most important priorities
BAGHDAD – Imad emirate
is keen monetary authority to achieve a high level of use and install economic activity at the highest possible level of employment of natural and human resources and to take measures to reduce the levels of unemployment and the accompanying deflationary factors in output through monetary policy expansive working to increase Read more…

Experts stress the need to attract migratory Iraqi capital

Experts stress the need to attract migratory Iraqi capital

31-05-2015 01:45 PM

Stressed academia and banking Iraq, the need for «Find ways to attract the Iraqi capital migratory, and work to find stimulating mechanisms have to return in percentage Iraq», as it pointed out that the statistics on the size of the Iraqi investments abroad, «refers to the billions of dollars». Therefore, it considered there is a need to develop a constituent solutions to attract these funds, because Iraq is heading toward Read more…

Bank official is expected to continue a volatile dinar exchange rate in the near term

Bank official is expected to continue a volatile dinar exchange rate in the near term

Saturday 30-05-2015 | 2:47:57

Twilight News / Iraqi banking official predicted on Saturday continued fluctuation of the dinar exchange rate against the dollar in the near term due to increased demand for hard currency, after the financial authorities recently taken new measures in an effort to support the local currency.

The record of the Iraqi dinar significant decline against the dollar for the first time in years, the exchange rate was about 1230 dinars to the dollar after it was flat for the past years by about 1220 dinars to the dollar.

A member of the administrative board of the Central Bank to Twilight News that “the approved measures to increase Read more…

Central bank: dollar exchange rate is stable and we expect to sell control of the

Central bank: dollar exchange rate is stable and we expect to sell control of the

28/5/2015 eleven forty-seven a.m.

Long-Presse / Baghdad
Denied the Iraqi Central Bank, on Thursday, there is fluctuation in the price of dollar remittances, and pointed out that there is a lack of stability in the cash dollar exchange rate, and with reason attributed to the increased demand for it, anticipate the success of its procedures in order to control the sale.
He said the central bank’s management board member Majid picture in an interview with the (long-Presse), said that “the existing volatility in the cash price of the dollar due to the reason demand for Read more…

Deputy calls for the central bank to contribute to tackle the financial crisis

Deputy calls for the central bank to contribute to tackle the financial crisis

Posted, 28/05/2015 11:23 GMT

Follow-up – and babysit – the head of the parliamentary virtue Ammar Tohme called for the central bank to contribute to tackle the financial crisis and spare Iraq borrowing from international organizations in accordance with conditions may be reflected on the citizen.
Said Tohme said in a statement “with lower oil prices and the Iraqi economy, the adoption mainly it as a source of imports, many of the Read more…

Iraqi Dinar/US Dollar auction results 5-27-15

Iraqi Dinar/US Dollar auction results 5-27-15

Currency Auction Results Announcement No. (2959)

Opening Offers sale and purchase of foreign currency daily nine hundred and fifty-nine two thousand in the Central Bank of Iraq window for a brief summary on Wednesday 27/05/2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 5-26-2015

Iraqi Dinar/US Dollar auction results 5-26-2015

Currency Auction Results Announcement No. (2958)

Opening Offers sale and purchase of foreign currency daily window nine hundred fifty eight two thousand in the Iraqi Central Bank on Tuesday to brief summary of 26.05.2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 5-25-15, posted 5-26

Iraqi Dinar/US Dollar auction results 5-25-15, posted 5-26

Currency Auction Results Announcement No. (2957)

Opening Offers sale and purchase of foreign currency daily nine hundred and fifty-seven window after two thousand in the Central Bank of Iraq on Monday for a brief summary 05.25.2015 and the results were as follows: Read more…

The issuance of class 50 000 and one hundred thousand cash currency

The issuance of class 50 000 and one hundred thousand cash currency and economic parliamentary soon talk about improved liquidity

05/26/2015 11:28 GMT

Agencies – revealed to the Committee of Economy and parliamentary investment, Tuesday, that the new currency category 50 alpha and other class 100 000, and while confirming its importance to strengthen the dinar by people wanting to trading volumes, and described it an important step towards a political cash best to improve the Iraqi economy.
Said committee member Najiba Najib, “The issuance of the categories of the fifty and one hundred thousand Read more…

Iraqi Dinar/US Dollar auction results 5-24-15, posted 5-25

Iraqi Dinar/US Dollar auction results 5-24-15, posted 5-25

Currency Auction Results Announcement No. (2956)

Opening Offers sale and purchase of foreign currency daily nine hundred and fifty-six window after two thousand in the Central Bank of Iraq on Sunday for a brief summary 05.24.2015 and the results were as follows: Read more…

Economist: the issuance of a new class is the restructuring of the coin and not to improve the situation directly

Economist: the issuance of a new class is the restructuring of the coin and not to improve the situation directly

25/05/2015 10:24

Press direction / special
Denied economic expert on behalf of Jamil Antoine, on Monday, about an intention to issue a new Iraqi currency from large groups or to resort to the process of deleting the zeros.
Antoine said in an interview with “direction Press,” he said the new currency issue or deletion of zeros is the currency restructuring Read more…

Experts: Banks civil prone to bankruptcy and the government support

Experts: Banks civil prone to bankruptcy and the government support

25/05/2015

BAGHDAD / JD / .. invited a number of experts and specialists in the financial and economic affairs, to the need to support local banks, especially those experiencing financial scarcity, noting that there are a large number of banks threatened with bankruptcy because they do not possess sufficient cash flow, as called for activating the side Investment in the banking industry for the advancement of the national economy.
Says Executive Director of the Association of private banks Abdul Aziz Hassoun, said the government and the Central Bank, Read more…

Finance: issuing categories 50 100 الف a first for the deletion of zeros from the currency

A member of the parliamentary finance: issuing categories 50 100 الف a first for the deletion of zeros from the currency

24/05/2015 8:18

[Baghdad – where]
said the parliamentary finance committee member Masood Haider, said the central bank’s intention to issue two categories of 50 000 dinars and 100 000, is a first for the removal of zeros from the Iraqi currency.

Said Haider told all of Iraq [where], that “the subject of currency issuance of fifty-class Alpha and the hundred thousand dinars, has been studied for more than two years, as the experts at the central bank Read more…

Float possible Alamlh..hal

Float possible Alamlh..hal

24/05/2015 0:00

Author: Yasser incumbent

Someone asked me for my opinion, whichever is the best for keeping his money in the currency dinar or converted into dollars? I can not find his answer seemed that the dinar is still okay, why these concerns? , Is it real or is it just fears or expectations?
the answer to these legitimate questions interpret economic phenomena and global variables, the citizen for his part looks at the effects of Hmaaltzbzb of caution and deal with it, eight of monetary policy by the central bank is still going on in their Read more…

14 banks cut dollar .. and adviser Abadi: action shows the Iraqi market ethics

14 banks cut dollar .. and adviser Abadi: action shows the Iraqi market ethics

Publishing Date: Sat, 23 May two thousand and fifteen 5:18:57 p.m.

BAGHDAD – Today’s News

The Iraqi Association of Banks, on Saturday, an initiative to reduce the cash sales to the dollar for citizens and companies from the banking, on Sunday, indicated that it will be sold for 1193 dinars to the dollar.

The association said in a statement, received “Today’s News” a copy of it, he was “in support of monetary policy of the Central Bank of Iraq and to ensure the stability of the exchange rate took the Read more…

Adviser: the issuance of 50,000 thousand dinars category does not have a negative impact on monetary policy in Iraq

Adviser to the Prime Minister: the issuance of 50,000 thousand dinars category does not have a negative impact on monetary policy in Iraq

Saturday 23 May 2015 – 12:35

He said Prime Minister adviser appearance of Mohammed Saleh exists a class of 50,000 thousand dinars currency cash in Iraq as help the country to pay cash transactions more easily, ruling out the existence of a negative impact on the country’s monetary policy and said Saleh told the Nun of news during his participation in the opening of offline spring certificate Festival place in Karbala ” The Central Bank of Iraq is responsible for the administration of payments Iraq and that the draft class of 50,000 thousand dinars is a project Read more…

Central Bank did not Esicarna on the subject of the issuance of new categories of the coin did not call for the deletion of zeros

Parliamentary Finance: Central Bank did not Esicarna on the subject of the issuance of new categories of the coin did not call for the deletion of zeros

Saturday, May 23, 2015 18:40

Baghdad / Baghdad Uz..cdt the parliamentary finance committee, said on Saturday that the Iraqi Central Bank has not consulted that the subject of the issuance of new categories of the coin, denying its claim to the bank to delete the zeros of the currency.
The committee member said Sarhan Ahmed Sarhan in an interview with / Baghdadi News / “The Central Bank is looking forward to the Read more…

Calls for the implementation of the parliamentary Finance deletion of zeros instead of issuing large categories

Calls for the implementation of the parliamentary Finance deletion of zeros instead of issuing large categories

23/05/2015

BAGHDAD / JD / .. the parliamentary finance committee demanded, the central bank is implementing a project to delete the three zeroes from the currency, rather than issuing new editions of major categories.
A member of the committee MP Abdul Qader Mohammed Omar told / JD /: “The central bank plans to issue new editions of major categories of 50 000 dinars and 100 dinars for, while the project to delete the three zeroes from the currency delayed its implementation until further notice.”
He added: Read more…

Iraqi Dinar/US Dollar auction results 5-20, posted 5-21-15

Iraqi Dinar/US Dollar auction results 5-20, posted 5-21-15

Currency Auction Results Announcement No. (2954)

Opening Offers sale and purchase of foreign currency daily nine hundred and fifty-four window after two thousand in the Iraqi Central Bank on Wednesday to brief summary 05.20.2015 and the results were as follows: Read more…