Posts Tagged ‘Central Bank of Iraq’

Iraqi Dinar/Dollar auction results 3-31-2014

Iraqi Dinar/Dollar auction results 3-31-2014

Currency auction results Announcement No. (2639)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and thirty-nine and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Monday for the day on 03.31.2014 and the results were as follows: Read more…

Iraqi Dinar/Dollar auction results 3-30-2014

Iraqi Dinar/Dollar auction results 3-30-2014

Currency auction results Announcement No. (2638)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and thirty-eight and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Sunday, the day on 30.03.2014 and the results were as follows: Read more…

Finance parliamentary calls for restructuring the Office of Financial Supervision and the Central Bank

Finance parliamentary calls for restructuring the Office of Financial Supervision and the Central Bank

30/03/2014

BAGHDAD / JD / .. demanded the parliamentary Finance Committee, to issue regulations and legislation to restructure the Financial Inspection Office and the Central Bank to support fiscal and monetary policies in the country.
Said committee member Rep. Dler Abdelkader told / JD /: The Office of Financial Supervision and the central bank and the stock market is one of the large financial institutions in the country, must be Read more…

Iraqi Dinar/Dollar auction results 3-29-2014

Iraqi Dinar/Dollar auction results 3-29-2014

Currency auction results Announcement No. (2637)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and thirty-seven after two thousand to buy and sell foreign currency at the Central Bank of Iraq for the day on Saturday 29/3/2014 and the results were as follows: Read more…

Iraqi government should not interfere in CBI’s performance, says international bank

Iraqi government should not interfere in CBI’s performance, says international bank

28 Mar 2014

Baha al-Araji, Iraqi MP from al-Ahrar bloc mentioned that the International Bank has warned the Iraqi government from interfering in the activities or performances of the Central bank of Iraq.
In a press statement, he said, “We warned from the collapse of the economic and financial fields in Iraq due to the interference in the performance of the CBI.”
He also concluded, “The International Bank held a meeting in Read more…

Gold and the Iraqi Dinar Revaluation

Gold and the Iraqi Dinar Revaluation

Posted, March 28th, 2014

By Joseph Cafariello
In a move that surprised economists the world over, the Central Bank of Iraq purchased 36 tons of gold valued at some $1.52 billion this month “to help stabilize the Iraqi dinar against foreign currencies,” the bank explained.
That represents a larger amount of gold than most nations purchased in all of 2013, moving Iraq into 15th place in annual purchases on just that one purchase alone.
But anyone following the recent history of Iraq’s dinar is left scratching Read more…

Iraqi Dinar/Dollar auction results 3-27-2014

Iraqi Dinar/Dollar auction results 3-27-2014

Currency auction results Announcement No. (2636)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and thirty-six after two thousand to buy and sell foreign currency at the Central Bank of Iraq for the day on Thursday 03/27/2014 The results were as follows: Read more…

Looming parliamentary investigation with the Central Bank, vast difference in the exchange rate of the currency

Finance looming parliamentary investigation with the Central Bank of the vast difference in the exchange rate of the currency

3.27.2014 twelve thirty-nine

{Baghdad: Euphrates News} A member of the parliamentary Finance Committee Hassan al-Bayati, that the continuation of the vast difference in the currency exchange rate between the central bank and private banks or banking companies for more than a year is considered corrupt and makes bank officials under penalty of law, pointing out that there might be an investigation into the Read more…

Parliamentary economy bear the responsibility of the Central Bank of the fluctuation of the Iraqi dinar

Parliamentary economy bear the responsibility of the Central Bank of the fluctuation of the Iraqi dinar

3.27.2014 1:38 p.m.

{Baghdad: Euphrates News} carried committee of economy and investment parliamentary responsibility of the Central Bank of the fluctuation of the price of the Iraqi dinar against other currencies.
A member of the Economic Commission Amer winner told the News} {Euphrates on Thursday that the “wiggle political Central Bank weighed heavily on the currency in Iraq,” noting that “the bank is responsible exclusively on Read more…

The World Bank warned the Iraqi government from interfering in the work of the Central Bank

Araji: The World Bank warned the Iraqi government from interfering in the work of the Central Bank

Thursday, 27 March / March 2014 12:10

[Baghdad where]

The MP said the Liberal bloc Bahaa al-Araji said that “the World Bank warned the Iraqi government from interfering in the work of the Central Bank and called for government intervention to stop the work of the central bank.

Araji said in a statement received by all of Iraq [where] a copy of it today, “We had already warned of the deterioration of the economic situation and the country’s financial policies because of the failure to Read more…

Lack Of Gold Rally On Iraq Purchase News ‘Horrible’ Sign – Analysts

Lack Of Gold Rally On Iraq Purchase News ‘Horrible’ Sign – Analysts

3/26/2014

(Kitco News) – News reports that Iraq bought $1.56 billion of gold this month offered limited support to prices Tuesday, analysts said.

Bloomberg News first reported Iraq purchased 36 metric tons of gold in March, the largest purchase by a nation in three years. According to the story, the Central Bank of Iraq bought gold to support the Iraqi dinar against foreign currencies. The International Monetary Fund’s website said as of August, Read more…

Iraqi Dinar/Dollar auction results 3-26-2014

Iraqi Dinar/Dollar auction results 3-26-2014

Currency auction results Announcement No. (2635)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and five and thirty two thousand to buy and sell foreign currency at the Central Bank of Iraq on Wednesday, the day on 26.03.2014 and the results were as follows: Read more…

After visiting Iraq, IMF mission has unleashed a statement

After visiting Iraq, IMF mission has unleashed a statement

26 Mar 2014

An IMF mission led by Carlo Sdralevich, Mission Chief for Iraq, visited Amman during the period March19-24 to meet with an official Iraqi delegation led by Acting Minister of Finance, Dr. Safa Al Safi. The IMF mission also met with the Acting Governor of the Central Bank, Dr. Abdul Basit Al Turki Said, and officials from the ministries of finance, planning, and oil, the central Bank, and the Board of Supreme Audit.
The team from IMF also consulted with Read more…

Gold the best guarantee for the stability of exchange rates

Two: Gold the best guarantee for the stability of exchange rates

3/26/2014 0:00

Baghdad – Mostafa Hashemi
confirmed two economists that the application of monetary policy tools of the central bank in an active manner that would enhance the value of the currency and maintain the stability of exchange rates against foreign currencies, considering a central strengthening reserves monetary gold that is in line with the current stage to strengthen Iraq’s Read more…

A former official at the Central Bank: Money Box main Astnzvth expenses

A former official at the Central Bank: Money Box main Astnzvth expenses

26.03.2014 (0:01 pm)

 Baghdad / Wael grace

Said senior economist and deputy governor of the Central Bank of the previous appearance of Mohammed Saleh, said the money fund Iraq’s main it contains usually at about 18 billion dollars is enough necessary expenses and guaranteed for six months, while the decline in the amount currently, due to increased expenses, to a third, and spread concern among circles concerned, at the time you say informed sources Read more…

Iraqi Dinar/Dollar auction results 3-25-2014

Iraqi Dinar/Dollar auction results 3-25-2014

Currency auction results Announcement No. (2634)

Was the opening of bids for the Commission on the sale and purchase dollar daily and four hundred and thirty-two thousand to buy and sell foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 25.03.2014 and the results were as follows: Read more…

The World Bank warned the Iraqi government from interfering in the work of the Central Bank

Araji: The World Bank warned the Iraqi government from interfering in the work of the Central Bank

25/03/2014 11:09

{Baghdad: Euphrates News} said Liberal MP from the parliamentary bloc Bahaa al-Araji, that the “international student Nabek reform policies and non-interference by the Iraqi government in the political CBI especially with regard to the subject of borrowing.”

He said al-Araji, said in a statement received by the Euphrates News Agency {} a copy of it on Tuesday, “We had already warned of the deteriorating Read more…

Iraqi Dinar/Dollar auction results 3-24-2014

Iraqi Dinar/Dollar auction results 3-24-2014

Currency auction results Announcement No. (2633)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and thirty-three and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Monday for the day on 24.03.2014 and the results were as follows: Read more…

Central Bank agrees to open two branches of the Bank of fransabank Lebanese Iraq

Central Bank agrees to open two branches of the Bank of fransabank Lebanese Iraq

03/24/2014

BAGHDAD / JD / .. Central Bank of Iraq agreed to open two branches of the Bank of fransabank Lebanese in Iraq, while the condition of the employment of at least 50% of the Iraqi personnel bankers.
The central bank said in a letter addressed to the Department of the Bank of Fransabank, seen by Agency / JD /: Decides to approve your bank to grant a license to conduct banking business in Iraq by Read more…

Central Bank buys 36 tons of high-purity gold bullion

Central Bank buys 36 tons of high-purity gold bullion

24-03-2014 01:12 PM

Baghdad (news) .. announced the Central Bank of Iraq, for, buy 36 tons of gold ingots of high purity. statement said the bank received the Agency (news) copy of it: that under Alasttratejah followed by the central bank in managing the reserves of the vessels, to achieve an element of safety and safety in order to use the tools of monetary policy to stabilize the exchange rate of the dinar Iraq against Read more…