Posts Tagged ‘Central Bank of Iraq’

Experts: Central Bank faces the problem of the shortage of foreign currency and claiming to reassure customers

Experts: Central Bank faces the problem of the shortage of foreign currency and claiming to reassure customers

Posted, 02/24/2015 (0:52)

BAGHDAD / Ghazanfar Laibi – Amer supporter

Experts in economic affairs said that Iraqi banks began to suffer a shortage of liquidity in foreign currency (dollar), while the expected rise in the dollar’s exchange rate against the devaluation of the dinar as a result of stopping the auction currency, grumbling banking customers of non-receipt of money deposited by the dollar, stressing that handed over the money Dinars expose them to significant losses.

The expert Read more…

Central Bank: Cancel Auction sell currencies to keep the exchange rate of the dinar against the dollar

Central Bank: Cancel Auction sell currencies to keep the exchange rate of the dinar against the dollar

24/02/2015 12:30 GMT

Follow-up – and babysit – The Central Bank of Iraq, on Tuesday, the abolition of the daily auction for the sale of foreign currencies.
The central bank said media director Fadel Hussein, in a press statement, “The need to cover banking offices, community and government banks of currencies will be by remittances, with only stop the daily bank, which includes the sale of direct cash auction, including the dollar.”

He added that “this decision is not contrary to what was stated by Read more…

Central Bank announces suspension of auction currency and adopt a new mechanism for foreign remittances

Central Bank announces suspension of auction currency and adopt a new mechanism for foreign remittances

02/21/2015 (22:49)

Baghdad / term

Iraqi Central Bank announced, on Saturday, stopping work ERA Bank and the adoption of the banking system as being responsible for foreign remittances and as of Sunday.

The governor of the Central Bank of the relationship, in a press statement, “it was the completion of a new formula and leave the old ways, coupled with certain conditions can not remain governor at the central bank, which has Read more…

Central Bank announces stop working Bmzadeh daily currency because it is not an office banking

Central Bank announces stop working Bmzadeh daily currency because it is not an office banking

BAGHDAD – Iraq Press – February 21 2015

The Central Bank of Iraq announced that, as of the day, Sunday, will work to stop the auction of the bank and the adoption of the banking system as being responsible for foreign remittances.
The Governor of the Central Bank, on the Keywords, he “was the finalization of the new version and leave the old ways, coupled with certain conditions Read more…

Tomorrow is a new mechanism for buying and selling the dollar-Expanded

Tomorrow is a new mechanism for buying and selling the dollar-Expanded

2/21/2015 0:00

Baghdad Tariq al-Araji
revealed Governor of the Central Bank of Iraq on the Keywords that on Sunday 22 of this month, will stop work ERA Bank and the adoption of the banking system as being responsible for foreign remittances, pointing to the direct preparation of a study to demonstrate the feasibility of removing zeros in this Almrahlh.oavad relationship, statement singled out the “morning”, that “the central bank since I assumed responsibility for the work to bridge the gap in his dealings,” noting that “it was the finalization of the new version and leave the old ways, coupled with Read more…

Tomorrow is a new mechanism for buying and selling the dollar

Tomorrow is a new mechanism for buying and selling the dollar

2/21/2015 0:00

BAGHDAD – Tariq al-Araji
revealed Governor of the Central Bank of Iraq on the Keywords that on Sunday 22 of this month, will stop work ERA Bank and the adoption of the banking system as being responsible for foreign remittances, pointing to direct the preparation of a study showing the feasibility of removing zeros at this stage.
According to Alak, statement singled out the “morning”, that “the central bank Read more…

Government “optimistic” the treatment of the budget deficit through borrowing 11 trillion Iraqi dinars

Government “optimistic” the treatment of the budget deficit through borrowing 11 trillion Iraqi dinars

2/20/2015 2:29 p.m.

Long-Presse / Baghdad
Counting the Information Office of the Prime Minister, Haider al-Abadi, on Friday, to borrow nearly 11 trillion dinars from the Central Bank and the Rafidain and Rasheed, can be treated with balancing the current 2015 deficit, expressing optimism that contribute to the high price of oil to world markets by reducing the deficit, while only economic expert understanding of the government’s need to borrow as a result of “heavy legacy” inherited from its predecessor, although it matters “undesirable”, returned Read more…

The Central Bank has reservations on the deletion of zeros from the Iraqi currency is currently

The Central Bank has reservations on the deletion of zeros from the Iraqi currency is currently

BAGHDAD – Iraq Press – February 20 2015

With economists said earlier that the deletion of zeros from the currency is a restructuring of the coin, and the ease of digital accounts burden treasurers, and alleviate the burden of accountants with that procedure is not appropriate now to the lack of security stability and economist in the country, announced in the parliamentary finance committee member Friday, the central bank kept the deletion of zeros from the Iraqi currency, pointing out that Read more…

Parliamentary Finance: Central Bank qualify the deletion of zeros from currency

Parliamentary Finance: Central Bank qualify the deletion of zeros from currency

20/02/2015 12:15 GMT

Follow-up – and babysit – announced Almalahalgnapeh Committee, on Friday, for the central bank kept the deletion of zeros from the Iraqi currency.
The committee member said Masood Haider, “it was a lot of studies on the subject of deletion of zeros from the currency,” adding that “the Central Bank has reservations about this thread a little bit, and we did not Nstda central bank director was not met, done to discuss this matter, as well as other officials in Bank “.

He added that “the process of deleting the zeros need to be in-depth study, Read more…

Iraqi Dinar/US Dollar auction results 2-19-2015

Iraqi Dinar/US Dollar auction results 2-19-2015

Results currency auction Announcement No. (2891)

The opening of the Committee on buying and selling daily Tmnmaip and one dollar and ninety two thousand offers to buy and sell foreign currency at the Central Bank of Iraq on Thursday, a brief summary of 02.19.2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 2-18-2015

Iraqi Dinar/US Dollar auction results 2-18-2015

Results currency auction Announcement No. (2890)

The opening of bids for the Commission on buying and selling daily Tmnmaip dollar and ninety two thousand for the sale and purchase of foreign currency in the Iraqi Central Bank on Wednesday, the day on 02.18.2015 and the results were as follows:  Read more…

Iraqi Dinar/US Dollar auction results 2-17-2015

Iraqi Dinar/US Dollar auction results 2-17-2015

Results currency auction Announcement No. (2889)

The opening of the Committee on the sale and purchase of the daily dollar Tmnmaip nine and eighty two thousand offers to buy and sell foreign currency at the Central Bank of Iraq on Tuesday for a brief summary of 17.02.2015 and the results were as follows: Read more…

Parliamentary Finance: Companies politicians dominate the central bank sales

Parliamentary Finance: Companies politicians dominate the central bank sales

Posted 17/02/2015 09:04 AM

Deputy accused in the parliamentary finance committee monopolistic companies belonging to the political monopoly of the bank sales of currencies, causing serious material losses for the Iraqi economy,

He said he was informed of the government to take action and compel the bank put $ 75 million ceiling for higher sales.

He said committee member capable of Mohammed, said “the central bank sales of more than need of the Iraqi market, but the scarcity of existing and the rise of the dollar against the dinar caused by Read more…

Cabinet approves the recommendation to support the independence of the Central Bank of Iraq

Cabinet approves the recommendation to support the independence of the Central Bank of Iraq

Tuesday, February 17, 2015 16:16

BAGHDAD / Baghdadi News / .. Cabinet approved on Tuesday, on the recommendation of the Committee on Economic Affairs on the support of the independence of the Central Bank of Iraq and to avoid prejudice in order to achieve his goals.

A statement by the Office of President of the Council received / Baghdadi News / copy of it, that “the Council of Ministers approved during the session, today, on a resolution recommendation of the Committee on Economic Affairs on supporting the independence of the Central Bank of Iraq and to avoid Read more…

Central Bank bought gold to be used as a cover for the process of deletion of zeros from currency

Central Bank bought gold to be used as a cover for the process of deletion of zeros from currency

02/17/2015

BAGHDAD / JD / .. is heading the Iraqi Central Bank to invest cash reserves of hard currency through the purchase of gold, especially after the decline in gold prices in world markets over the past months, in a move it to diversify its reserves, the fact that gold is a store relatively safe for the value of the local currency, where the Council announced International gold buying CBI 48 tonnes of gold during 2014.
A number of experts and specialists in the financial and economic affairs central bank’s move Read more…

Iraqi Dinar/US Dollar auction results 2-16-2015

Iraqi Dinar/US Dollar auction results 2-16-2015

Results currency auction Announcement No. (2888)

The opening of the Committee on buying and selling daily deals Tmnmaip dollar and eighty-eight and two thousand for the sale and purchase of foreign currency in the Central Bank of Iraq on Monday, a brief summary 02.16.2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 2-15-2015

Iraqi Dinar/US Dollar auction results 2-15-2015

Results currency auction Announcement No. (2887)

The opening of the Committee on buying and selling daily Tmnmaip dollar and eighty-seven and two thousand offers to buy and sell foreign currency at the Central Bank of Iraq on Sunday, the day on 15.02.2015 and the results were as follows: Read more…

A source at the bank: No control over the flow of dollars abroad

A source at the bank: No control over the flow of dollars abroad

Posted, 02/15/2015 (20:30)

BAGHDAD / Amer Mohi

Demanded an official source at the Central Bank of Iraq, on Saturday, monitoring the movement of the dollar and put controls on foreign exchange companies and check receipts and money transfer. While an economist pointed out that determining the amount of dollar selling in the auction currency lowers the price of the dinar, the Iraqi government called for a work of non-interference of the Central Bank.

An official source at the Central Bank,
“long”, that “the most important causes of decline of the dinar is the use Read more…

The government is seeking to increase dollar sales to 125 million to reduce the value

The government is seeking to increase dollar sales to 125 million to reduce the value

15/02/2015

BAGHDAD / JD / .. Finance Committee revealed seek Cabinet to increase dollar sales to 125 million instead of 75 million to reduce its value, as pointed out that the rise in the dollar will not continue, and there is a tendency to install its price against the dinar.
The committee member said Masood Haider told / BD /: that there is a different perspective to the Council of Ministers and Central Bank on what came in the budget law which set the sale of $ 75 million a day.
He expressed the belief that it will change the amount Read more…

Iraqi Dinar/US Dollar auction results 2-12-2015

Iraqi Dinar/US Dollar auction results 2-12-2015

Results currency auction Announcement No. (2886)

The opening of the Committee on buying and selling daily Tmnmaip dollar and eighty-six offers two thousand for the sale and purchase of foreign currency in the Central Bank of Iraq on Thursday, a brief summary of 02.12.2015 and the results were as follows: Read more…