Posts Tagged ‘Central Bank of Iraq’

Concern about the deterioration of the price of the Iraqi dinar suspended dollar auction

Concern about the deterioration of the price of the Iraqi dinar suspended dollar auction

03/10/2015 16:37

Iraqi market affected quickly stop the central bank’s decision to auction born …
Affected by the Iraqi market quickly the government’s decision that halted the central bank auction of dollars – and that is the dollar offer for sale- which led to the rise of the dollar exchange rate against the Iraqi dinar to reach the money changers to 1,260 dinars, sparking criticism from experts saw this procedure error, and called to Read more…

Dollar exchange rate up to the highest rate in two years

Dollar exchange rate up to the highest rate in two years

10/3/2015

Brother – Baghdad
Continuous rise in the price of the dinar against the dollar despite the central bank action to maintain stability, what is the secret of this rise after years of relative stability? And how they can be met, whether caused by a contraction of the dollar amounts of the market?
During the past two months have seen the Iraqi market, a gradual rise in the dollar’s exchange rate against the dinar, currently up to Read more…

Launch treasury bonds worth $ 12 billion to pay dues of oil companies

Launch treasury bonds worth $ 12 billion to pay dues of oil companies

TUESDAY, 10 MARCH / MARCH 2015 14:06

Twilight News Iraqi Oil Ministry / said on Tuesday it had agreed with the financial counterpart of the Central Bank of Iraq to launch treasury bonds worth $ 12 billion to pay accumulated dues of foreign oil companies in the country.

The ministry indicated in a statement reported for “Twilight News” that the agreement on the launch of Treasury bonds was during a joint meeting between the Ministry of Oil and Ministry of Finance and the Central Bank of Iraq.

She said the decision was taken Read more…

Parliamentary economy calls for the central bank to take measures to save the dinar

Parliamentary economy calls for the central bank to take measures to save the dinar

03/10/2015

BAGHDAD / JD / .. of the economic and investment commission parliamentary warned of the continuing decline in the exchange rate of the dinar against the dollar, while the central bank has demanded to take swift action to save the Iraqi dinar.
Said committee member Rep. Najiba Najib told / BD /: that the dollar exchange rate on the rise abruptly during Read more…

Foreign Exchange Rates for Tuesday against the Iraqi dinar from the central bank

Foreign Exchange Rates for Tuesday against the Iraqi dinar from the central bank

10/03/2015 10:54 GMT

Follow-up – and babysit – Central Bank of Iraq announced the price of its sales of foreign currency for Tuesday against the Iraqi dinar, where the US dollar has seen a slight decrease in sales in front of the Iraqi dinar, registering a drop 7 cents direction of the dinar. Read more…

Central tends to adopt a strategy to continue 5 years

Central tends to adopt a strategy to continue 5 years

3/9/2015 0:00

BAGHDAD – Hussein al-Tamimi Tgb
examine the Central Bank and the Institute for the progress of policy development and a number of economists central role in supporting economic reform and the future requirements of the current stage, while the Governor of the Central Bank stressed the need for plans and programs represent a financial reform requirements in the country.
President of the Institute d. Mehdi al-Hafez said at the beginning of Read more…

Parliamentary financial traders carrying reasons for the high price of the dollar against the dinar

Parliamentary financial traders carrying reasons for the high price of the dollar against the dinar

March 8, 2015, 13:16

BAGHDAD – ((eighth day))

Download the Finance Committee member Abdul Qader Mohammed, Sunday, traders responsibility dollar exchange rate against the local currency in the country.

Mohammed said, “caused traders to raise prices of the dollar against the local currency of the Iraqi dinar in the past few weeks,” noting that they Read more…

50 dinars bank notes to be removed from circulation by Central Bank of Iraq

50 dinars bank notes to be removed from circulation by Central Bank of Iraq

08 Mar 2015

The Central Bank of Iraq (CBI) has just released a statement that they will cease exchanging the 50 Iraqi Dinar banknotes following April 30, 2015. Investors in the currency may not be aware of this press release by the CBI as it was in the Arabic language only.

There are many investors in the Iraqi Dinar not just in the United States, but also the world. These individuals, who desire to exchange their 50 dinar banknotes, should quickly contact the company from which they originally purchased these banknotes from. Investors should Read more…

Economic Adviser to Ebadi: Iraq’s major banks are lagging as “payment system” and the clarification

Economic Adviser to Ebadi: Iraq’s major banks are lagging as “payment system” and the clarification of Mesopotamia

03.07.2015 twelve twenty-nine

Long-Presse / Baghdad
Stressed the economic advisor to the Prime Minister Haider al-Abadi, Thursday, that Iraq’s major banks are still “late” to the question of the development of the banking system of payments with the exception of the Bank (which NBA), as called for Rafidain Bank to illustrate the stages of issuing card “MasterCard” which announced released before time, pointed out that the delay issuing puts the responsibility in front of his customers.
He said the appearance of Mohammed Saleh in an interview with the (long-Presse), “the Iraqi major banks are lagging the issue of the development Read more…

Finance Committee in connection with legislation guarantee deposits in the banking law

Finance Committee in connection with legislation guarantee deposits in the banking law

07/03/2015

BAGHDAD / JD / .. Finance Committee unveiled legislation that seeks to guarantee deposits in the banking law after coordination with the government, while confirming that this law will help restore confidence in banks.
A member of the committee MP Masood Haider told / BD /: The Commission seeks through discussion during the coming period to ensure the legislation deposits in the banking law, stressing that Read more…

Parliamentary Finance: The government would appeal in the “central” sales restrictions

Parliamentary Finance: The government would appeal in the “central” sales restrictions

03/06/2015 17:50

Long-Presse / Baghdad
Finance Committee in the House of Representatives suggesting that the government is moving to challenge substance identified in the budget ceiling of the central bank from the sale of certain foreign currency, which is one of the main modifications within (17 articles) introduced by the Parliament during the sessions saw the adoption of the budget law in the month of January last. It also defends adjusted to Read more…

Central Bank proceed regardless of remittances starting from Sunday

Central Bank proceed regardless of remittances starting from Sunday

06-03-2015 05:47 PM

Central Bank announced directly banks regardless of remittances to recipients starting from next Sunday.
A statement of the Central Bank, received a (news) copy of it, that ‘the banks will start regardless of remittances to their customers starting on Sunday, 08/03/2015, after it was complete Read more…

Saleh: the new mechanism for the central fill proportion of the state’s needs

Saleh: the new mechanism for the central fill proportion of the state’s needs

3/5/2015 0:00

BAGHDAD – Alaa al-Tai
Economic Adviser to the Prime Minister, Dr. describe the appearance of Mohammed Saleh, the new mechanism for sales of the Central Bank of the dollar, as “correct and transparent and will help to move the cash flows, including blocking the part of the State’s need, at this juncture,” adding that the central bank will continue Read more…

Central Bank announces the implementation of direct banking transfers to its customers starting next Sunday

Central Bank announces the implementation of direct banking transfers to its customers starting next Sunday

3.5.2015 5:08 p.m.

{Baghdad: Euphrates News} Central Bank announced the implementation of a direct bank transfers to its customers starting next Sunday.
A statement of the Central Bank and the Euphrates News Agency {} received a copy of “The banks will begin to implement the orders to customers starting on Sunday, Read more…

Launch the green light to the deletion of zeros from the Iraqi dinar

Launch the green light to the deletion of zeros from the Iraqi dinar

March 4, 2015, 11:48

BAGHDAD – ((eighth day))

Governor of the Central Bank announced on the Keywords, to delete the zeros existing project, as pointed out it was given the green light for its implementation, he stressed that this process will be preceded by regulatory and administrative operations.

And he said: “The project to delete the zeros is based was put into practice, and we gave the green light to start with,” noting that Read more…

Iraq resorted to sell bonds to $ 6 billion or selling oil on credit to overcome the financial crisis

Iraq resorted to sell bonds to $ 6 billion or selling oil on credit to overcome the financial crisis

03/04/2015 (19:55)

BAGHDAD / long-Presse

Finance Minister Hoshyar Zebari said Iraq is considering several options to overcome the fiscal deficit, which is currently suffering from it, and these options are borrowing from government banks and the issuance of six billion dollars worth of loans, bonds, in agreement with international banks.
While the new Baghdad and Erbil’s commitment to the agreement Read more…

Central Bank: increase gold reserves to support

Central Bank: increase gold reserves to support

03/04/2015 08:38 GMT

Follow-up – and babysit – Central Bank of Iraq, declares, he has a tendency to increase gold reserves in the basket, stressing that he shall move the basket almost daily.
The governor of the bank on the Keywords, in a statement, and received news agency public opinion (and babysit), on Wednesday, said that “the Central Bank tendencies to increase the proportion of gold in reserves Bank of hard currency basket”, adding that Read more…

Keywords: cash sales dollar continuously .. no ceilings on the withdrawal of funds

Keywords: cash sales dollar continuously .. no ceilings on the withdrawal of funds

03/03/2015 (22:09)

BAGHDAD / Amer Mohi

Denied the central bank, on Tuesday, he stopped selling the dollar, pointing out that the bank gave the green light to implement the project to delete the zeros from the currency, while stressing taken new measures to trading in dollars, expect a decision parliamentary finance committee return dinar to his strength, returned central decisions to ” good “because Read more…

Governor of the Bank: Ahtiatatna of hard currency and very good cover of the Iraqi dinar to 150%

Governor of the Bank: Ahtiatatna of hard currency and very good cover of the Iraqi dinar to 150%

Tuesday 3 March 2015 11:40

Alsumaria News / Baghdad
showed the central bank governor on the Keywords, on Tuesday, was surprised at the statements of some officials about the low reserves of hard currency, stressing that Iraq does not suffer from any decline and has good revenue and there are no concerns, as pointed out that the Iraqi dinar is covered by 150 % of hard currency. Alak said in an interview for the Sumerian News, “The level of coverage of the Iraqi dinar from the hard currency Read more…

Governor of the Bank: Auction currency is no longer a daily window and put new mechanisms

Governor of the Bank: Auction currency is no longer a daily window and put new mechanisms

03/03/2015 11:30

Awan / Baghdad
The Governor of the Central Bank of Iraq on the Keywords, on Tuesday, for the development of new mechanisms for the auction currency, which “is no longer a daily window,” he said, adding that a lot of hard currency being smuggled out of the country as well as for use in the operations of corruption.
Keywords and said in a press conference held today at the bank building and attended by “time,” “The new regulations set by the Bank is that the auction is no longer a daily window of operations for Read more…