Posts Tagged ‘Central Bank of Iraq’

Iraqi Dinar/US Dollar auction results 2-11-2015

Iraqi Dinar/US Dollar auction results 2-11-2015

Results currency auction Announcement No. (2885)

The opening of the Committee on buying and selling daily deals Tmnmaip dollar and eighty-five after two thousand for the sale and purchase of foreign currency in the Iraqi Central Bank on Wednesday, the day on 02.11.2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 2-10-2015

Iraqi Dinar/US Dollar auction results 2-10-2015

Results currency auction Announcement No. (2884)

The opening of the Committee on the sale and purchase of the daily dollar Tmnmaip and four and eighty two thousand offers to buy and sell foreign currency at the Central Bank of Iraq on Tuesday for a brief summary of 02.10.2015 and the results were as follows: Read more…

CBI borrow six trillion dinars deposited by commercial banks have reserves to finance the budget

CBI borrow six trillion dinars deposited by commercial banks have reserves to finance the budget

10-02-2015 03:26 PM

The CBI has decided to finance the state budget with a loan of six trillion dinars, through the operation of 50% of the deposited by commercial banks reserves has, and the repurchase of treasury bonds from the secondary market.
According to a statement of the bank it will buy about five trillion dinars, of which the Read more…

Iraqi Dinar/US Dollar auction results 2-9-2015

Iraqi Dinar/US Dollar auction results 2-9-2015

Results currency auction Announcement No. (2883)

The opening of the Committee on the sale and purchase of the daily dollar Tmnmaip and three and eighty two thousand offers to buy and sell foreign currency at the Central Bank of Iraq on Monday for a brief summary of 09.02.2015 and the results were as follows: Read more…

Calls for the deletion of zeros from the currency and financial .. parliamentary stresses: time is not right

Calls for the deletion of zeros from the currency and financial .. parliamentary stresses: time is not right

09/02/2015 (19:52)

Range / Amer Mohi

In the new Congress calls for the deletion of zeros from the Iraqi currency time, said in a Finance Committee member, said “time is not right for this project,” while the experts pointed out that the change requires a stable currency price of the dollar which is verified at the present time.

He said the parliamentary finance committee member Ahmed Hama Rashid, on Monday, the “long”, that “the proposal to delete the zeros existing Read more…

Warnings from the continuing decline in the exchange rate of the dinar against the dollar

Warnings from the continuing decline in the exchange rate of the dinar against the dollar

09/02/2015

BAGHDAD / JD / .. after he saw the Iraqi dinar declined abruptly in price against the dollar and other hard currencies than it was before the adoption of the state budget in 29 of the last month, warned a number of experts and specialists in the financial and economic of the continuing decline of the Iraqi dinar exchange rate issue against the US dollar and its impact on the economic situation in the country, calling during their talk Agency / BD / central bank to take quick action and effective Read more…

Iraqi Dinar/US Dollar auction results 2-8-2015

Iraqi Dinar/US Dollar auction results 2-8-2015

Results currency auction Announcement No. (2882)

The opening of the Committee on the sale and purchase of the daily dollar Tmnmaip deals and eighty-two millennia after the sale and purchase of foreign currency in the Central Bank of Iraq on Sunday, the day on 02.08.2015 and the results were as follows:  Read more…

Economic expert criticizes determine central bank sales to 70 million dollars by Parliament

Economic expert criticizes determine central bank sales to 70 million dollars by Parliament

Date: 08/02/2015 21:29

Information / special / ..
criticized the economic expert, Sunday, determine the central bank sales auction of $ 70 million dollars a day in one of the general budget of the country items, noting that the measure would hurt the Iraqi economy and weaken the dinar exchange rate against other foreign currencies.
The economist said Manaf Sayegh told / information /, that “determining central bank sales serious Read more…

Economists renew demands for the implementation of the deletion of zeros during the current year

Economists renew demands for the implementation of the deletion of zeros during the current year

07/02/2015

BAGHDAD / JD / .. renewed a number of experts and MPs specialists in financial and economic affairs requiring them to begin proceedings preliminary implementation of the project to delete the three zeroes from the currency this year, because of its great importance to the Iraqi economy and the currency of the local, as well as to reduce the large digital accounts burden treasurers and facilitate the work of accountants in the transfer count numbers.
He says the parliamentary finance committee member Abdul Qader Mohammed, said the project to delete the three zeroes from the currency is Read more…

Measures to support the Iraqi banking sector

Measures to support the Iraqi banking sector

07/02/2015

In order to develop the private banking sector in Iraq have been taken to the Economic Affairs Committee in the Iraqi Council of Ministers a series of supportive measures for the sector, the most important compel state departments all accept certified instruments issued by private banks, and the Ministry of Finance in coordination with the Central Bank of Iraq, and the Association of private banks in Iraq, to put controls and Read more…

Central Bank of Iraq Statement Issued: Expanded meeting with representatives of the banks

Central Bank of Iraq Statement Issued: Expanded meeting with representatives of the banks to inform them on how to deal with banknotes

Posted, February 6, 2015

(Press release), the Directorate General of issuance and cabinets held at the Central Bank of Iraq, an expanded meeting with representatives of the banks to inform them on how to deal with banknotes in accordance with modern techniques in counting and examination.

Statement issued by the Central Bank of Iraq Read more…

Parliamentary: time is not right to delete the zeros of the Iraqi currency

Parliamentary: time is not right to delete the zeros of the Iraqi currency

Posted 06/02/2015 09:24 AM

Parliamentary Finance Committee denied, determine the central bank a time limit for the deletion of zeros from the Iraqi currency and as confirmed that it supports the project, said that the bank believes that the time is not right to take this step.

The committee member said Jabbar al-Abadi in a press statement, said that “the project to delete the zeros were traded Read more…

Iraqi Dinar/US Dollar auction results 2-5-2015

Iraqi Dinar/US Dollar auction results 2-5-2015

Results currency auction Announcement No. (2881)

The opening of the Committee on the sale and purchase of the daily dollar Tmnmaip deals and one eighty two thousand for the sale and purchase of foreign currency in the Central Bank of Iraq on Thursday, a brief summary of 02.05.2015 and the results were as follows: Read more…

Finance: We have an enormous amount of hard currency .. and on the bank to maintain the strength of the dinar

Finance: We have an enormous amount of hard currency .. and on the bank to maintain the strength of the dinar

05.02.2015

Brother – Sam Mullah
He said the parliamentary finance committee member Masood Haider said, “Article 50 of the Budget Law obliges the central bank to determine sales of the dollar ceiling does not exceed $ 75 million, with the exercise of justice in the sale.”
Haider said in a statement singled out by the reporter for News Agency (et) that “the Central Bank is authorized to take the necessary measures to maintain the strength of the Iraqi dinar” actions, noting that the natural Read more…

Parliamentary affirming the continued rise of the dollar and an expert on financial demands that restrict the sale

Parliamentary affirming the continued rise of the dollar and an expert on financial demands that restrict the sale

05/02/2015 (00:01 pm)

BAGHDAD / long-Presse

Parliamentary Finance Committee, confirmed on Wednesday that the rise in the dollar exchange rate “will not last long”, and demanded that the central bank using monetary tools to control the market, while the possibility of stabilizing the market and re-dollar natural position economist, counting financial expert to determine the sales ceiling. ” would not be feasible, “and stressed that the best solution is not to restrict dollar sales and Read more…

The government is moving to the Federal Court on the intersection of budget items with the independence of the Central Bank

The government is moving to the Federal Court on the intersection of budget items with the independence of the Central Bank

05/02/2015

BAGHDAD / JD / .. said a source close to the prime minister, said the dispute over the independence of the central bank in the budget items resolves through the Federal Court.
The source, who declined to be named, told / BD /: that the controversy concerning the appeal by the Economic Commission recommended in the Council of Ministers of the materials contained in the budget bill, which intersect with the independence of the central bank will Read more…

Iraqi Dinar/US Dollar auction results 2-4-2015

Iraqi Dinar/US Dollar auction results 2-4-2015

Results currency auction Announcement No. (2880)

The opening of bids for the Commission on buying and selling daily Tmnmaip dollar and eighty-two thousand for the sale and purchase of foreign currency in the Iraqi Central Bank on Wednesday, the day on 02.04.2015 and the results were as follows: Read more…

Parliamentary affirming the continued rise of the dollar and an expert on financial demands that restrict the sale

Parliamentary affirming the continued rise of the dollar and an expert on financial demands that restrict the sale

2.4.2015 14:41

Long-Presse / Baghdad
, Confirmed a member of the financial committee of parliamentary, said Wednesday that the rise in the dollar exchange rate “will not last long”, and demanded that the central bank using monetary tools to control the market, while the possibility of stabilizing the market and re-dollar natural position economist, counting financial expert to determine the sales ceiling “I would not be feasible,” and stressed that the best solution is not to restrict dollar sales and increased Read more…

Economic Cabinet recommends to challenge materials contained in the budget, “intersect” with the Central bank

Economic Cabinet recommends to challenge materials contained in the budget, “intersect” with the independence of the central

Date: 04/02/2015 18:05

Information / Baghdad / ..
announced the Governor of the Central Bank of Iraq on the Keywords, on Wednesday, the Economic Committee of the Council of Ministers of the Council recommended to challenge the material contained in the budget law “intersect” with the independence of the Bank, saying the bank continued support liquidity of the banking sector in order to contribute to the revitalization economy.
Alak said in a statement received by the agency / information / copy of it, “the Economic Committee of the Council of Ministers recommended the cabinet to challenge the material contained in the budget law intersect with the independence of the central bank.”
He added: “It we have the means to achieve stability in the dinar exchange rate Read more…

A slight rise in the price of the dinar exchange shops .. and refrain from selling the dollar

A slight rise in the price of the dinar exchange shops .. and refrain from selling the dollar

02/04/2015 (00:01 pm)

BAGHDAD / long-Presse

A number of owners and the offices of banking companies, on Tuesday, the high value of the Iraqi dinar slightly against the dollar after one day of a big drop is the first in many years, and as pointed out that the dollar exchange rate reached to 1240 Iraqi dinars, revealed their unwillingness to sell the dollar. “fear” of the heavy losses may occur to them if the fluctuation of the Iraqi dinar exchange rate continued.
He said Mohamed Salem, the owner of the Office of Foreign Exchange in the Karrada district in an interview with the (long-Presse) that “the price of the Read more…