Posts Tagged ‘Central Bank of Iraq’

CBI Currency Auction 9-8-2013

CBI Currency Auction 9-8-2013

Currency Auctions

Announcement No. (2472)

The latest daily currency auction was held in the Central Bank of Iraq on the 8-Sep-2013 . The results were as follows: Read more…

Banker: Central Bank Law inconsistent with usurious banks

Banker: Central Bank Law inconsistent with usurious banks and Islamic banking needs to Law

08-09-2013 07:19 AM

Baghdad (news) .. He said an expert on banking wholesome Elias Abbou, that the law of the Central Bank of the current conflict with the nature of the banks usury of a commercial nature, indicating that the increased activity of Islamic banking requires the existence of a law regulating the work. said Abbou (of the Agency news): that certain paragraphs of the Central Bank Law The current conflict Read more…

Standard Chartered Bank received license for trading in Iraq

07 Sep 2013

According to a statement, received from the website of the Central Bank of Iraq, it has been derived that the Central Bank of Iraq has issued license for operating in Iraqi banking sector to Standard Chartered bank. The branch of Standard Chartered will be into business operations from the end part of this year, as speculated by the Central Bank of Iraq and Read more…

Najafi visit to the Central Bank

Najafi visit to the Central Bank and the stresses on resolving issues related to money laundering and corruption

Wednesday, September 04 / September 2013 16:44

[Baghdad – where]

Visited Parliament Speaker Osama Abdul Aziz Najafi, on Wednesday, the Iraqi Central Bank building in Baghdad, and met with the Governor of the Bank and Abdul Basit Turki agency and discussed with him the efforts to resolve the issues of money laundering and corruption.

A statement by the Office of the President of the House of Representatives Agency has Read more…

Central Bank of Iraq seeks to apply electronic payment systems

Central Bank of Iraq seeks to apply electronic payment systems

25/08/2013 (00:01 pm)

 Baghdad / Qais chopsticks revealed the CBI about his quest for the application of electronic payment systems that contribute to the development of the banking sector through the clearing system instruments, electronic. central bank said in a statement received “long” version of it, that the application of these systems is designed to Read more…

Arrest of 24 employees at the Central Bank on charges of sending remittances without official documents

Arrest of 24 employees at the Central Bank on charges of sending remittances without official documents

25/08/2013

BAGHDAD / JD / .. Revealed to the Integrity Committee in the House of Representatives that there were arrests for employees in the Central Bank on charges of sending remittances to Turkey and the United Arab Emirates without official documents, noting that there is involvement of a number of politicians at home and abroad this Read more…

Economic parliamentary hosts the Governor of the Central Bank

Economic parliamentary hosts the Governor of the Central Bank

24/08/2013 19:24

BAGHDAD / obelisk: revealed the Economic Commission representative, on Saturday, the intention to host the central bank governor and agency Abdul Basit Turki “in order to develop correct policy in the next budget,” while believing that the bank failed to invest in Iraq would emerge from Chapter VII to raise the value of the Iraqi dinar.

He said the Commission’s decision Read more…

Central Bank failure to maintain the value of the Iraqi dinar

Economic parliamentary: political Central Bank of failure to maintain the value of the Iraqi dinar

10:51 08/23/2013

Follow-up – and babysit – described the political parliamentary economic committee the central bank to maintain the Iraqi dinar against foreign currencies as “failed.”
The central bank has promised to take measures to raise and stabilize the price of the Iraqi dinar, as it was in the past, but the impairment and Read more…

Central bank sales decline of the dollar at today’s meeting 20/08/2013

Central bank sales decline of the dollar at today’s meeting 20/08/2013

20/08/2013 17:51

Sales of the Iraqi Central Bank, on Tuesday, the dollar in the fourth sessions Bmzadeh week on the sale and purchase of foreign currency registered 216 000 023 thousand dollars after being recorded at an auction on Monday 256 000 783 thousand dollars at 1166 dinars to the dollar.
The bulletin indicated that the central bank’s daily seen by “tomorrow’s Press,” that “demand is Read more…

Attempts to undermine the regional economy and the Reserve Bank

Attempts to undermine the regional economy and the Reserve Bank

Posted, 04/08/2013

Baghdad, Ja’far Al-Nasrawi

The Head Office of control of the money and the Iraqi Central Bank Governor Abdel Basset Turki said that regional States seek in one form or another to destroy the Iraqi economy through financial and banking war. He noted that Iraq today largely reassured after the reserve amounted to approximately $ 80 million of hard currency.
Abdel Basset Turki said in an interview with “today” that large irregularities identified Read more…

Traders: the volatility of the price of the dollar intimidated .. Flaming market

Traders: the volatility of the price of the dollar intimidated .. Flaming market

04/08/2013 (00:01 pm)

BAGHDAD / tributary cactus

See bankers that the fluctuation of the dollar exchange rate loses confidence among dealers in hard currency, although the price decline during this period, but he was still unstable fixed price, warned against a competent economic affairs of this volatility continued as a result of mistrust policies of the Central Bank of Iraq and the worsening political crisis in the country, while the parliamentary economic attributed Read more…

Central criticizes global report described Iraq’s economy

Central criticizes global report described Iraq’s economy

07/31/2013 (00:01 pm)

Baghdad / Range

The Central Bank of Iraq, yesterday, the stability of the exchange rate of the Iraqi dinar against the dollar in response to a report by the International Center for Development Studies talked about the “reality flopped in the Iraqi economy,” noting that its reserves of hard currency amounted to 70 billion at the end of 2012, while noting to promote tally Gold of 29.7 tons.
A statement by the bank said that Read more…

CBI decides to transform government amounts of compensation to the outside of Iraqis who have permanent residency only

CBI decides to transform government amounts of compensation to the outside of Iraqis who have permanent residency only

Author:
Editor: BS, NK 06/14/2013 15:35

Range Press / Baghdad
Central Bank of Iraq, on Friday, he decided to transform the compensation government for Iraqis living outside Iraq and issued in their favor decisions judicial deterministic, while stressing that the conversion will exclusively Iraqis who have residences permanent and not temporary, pointed out that the conversion will be the currency Alognih According to the pricing in banks approved by him.
The Director-General Agency of the Central Bank Abdul Abbas Khalaf in a statement received (range Press), a copy of which, “The management of the Read more…

Experts register “explicit legal irregularities” in the book issued by the Court of Appeal on the Central Bank

Experts register “explicit legal irregularities” in the book issued by the Court of Appeal on the Central Bank

26/05/2013 (00:01 pm)

Baghdad / Range

Criticized the experts in the law, the Court of Appeal Rusafa and its president إصدارهما verdict in the case of the central bank while the investigation was still underway, and considered that the President of the Court committed “irregularities frank” and declared “bias full along with the complainant,” and the “inauguration of the same opponent and a lawyer and a judge” in this issue.
The comment came after legal experts questioned the “long” mentioned in the book directed by the President of the Court of Appeal Baghdad / Resafa to the Governor of the Central Bank of the 968 number in 03/13/2013 and got the “long” version of it.
Experts said the “President of the Court of Appeal BAGHDAD / Rusafa prejudge the case is still pending before the investigating judges and declares bias full along with the complainant (President of the House of Representatives and his deputy, I) against the management of the Central Bank of the former and the inauguration of the same opponent and a lawyer and a judge ..!!” .
and added that Read more…

Microsoft is trying to contract with the central bank for the introduction of technology

Microsoft is trying to contract with the central bank for the introduction of technology in the work of local banks

25-05-2013 12:48 PM

Baghdad (news) .. Central Bank of Iraq’s desire Microsoft Corporation to contract with him in the introduction of technological systems banking in the work of local banks. said Director General of the Department of Information Technology at the Central Bank in the forum technological banking which was organized by my company Microsoft and palm leaves under the auspices of the Central Bank and attended by the Agency (news): The Microsoft Corporation Inc. palm leaves have a desire to contract with the Central Bank for the development of the banking system, Read more…

Iraqi dinar value rapidly deteriorates

Iraqi dinar value rapidly deteriorates

Tuesday, 15 May 2013 20:53 | | |

Baghdad (AIN) -The price of the US dollar in the local markets reached 1,300 Iraqi dinars, compared to 1220 dinars in mid-March and represents a significant reduction of the Iraqi dinar’s value since the two last years.

It is known that the official price of the USD until this day, according to the Central Bank of Iraq is IQD 1166 and that means that the value of the Iraqi dinar has reduced more than 11%.

According to representatives of All Iraq News Agency (AIN), this decline has led to increasing prices for a lot of goods in local markets and especially the Read more…

Currency auction sales in Central exceed $ 196 million at today’s meeting

Currency auction sales in Central exceed $ 196 million at today’s meeting

Sunday, May 12, 2013 15:55

Baghdad / Baghdadi news / .. exceeded the value of auction sales sell the currency at the Central Bank of Iraq, on Sunday, the $ 196 million, with the participation of 25 banks.
The governor of the central bank and agency Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the sales value of the currency auction at the Central Bank amounted to” 196 “million and” 704 “thousand dollars,” explaining that “the number of participating banks in Read more…

House of Representatives confirms the central support measures in controlling the exchange rate of the dollar

House of Representatives confirms the central support measures in controlling the exchange rate of the dollar

Sunday, May 12, 2013 15:48

Baghdad / Baghdadi news / .. announced the Presidency of the Council of Representatives, on Sunday, its full support for the central bank to scrutinize the work of private banks and archiving of information within the bank and reform measures that include adjust the exchange rate of the dollar.
According to a statement moved the Information Office of the Council and received / Baghdadi News / copy of it, that the Presidency headed by Najafi and his two deputies during a meeting with Iraqi Central Bank Governor Abdul Basit Turki agency confirmed its full Read more…

Banker: failure of banks due to the lack of understanding and joint coordination between the central bank and private banks

Banker: failure of banks due to the lack of understanding and joint coordination between the central bank and private banks

09-05-2013 11:08 AM

Baghdad (news) .. Refer banking expert on behalf of Jamil, the reasons for failure of the banking sector to the lack of understanding and joint cooperation between the central bank and private banks, in terms of providing logistical assistance and technical them. said Jamil (of the Agency news): there is no understanding and joint coordination between the central bank and private banks regarding the evolution of the banking system and to identify the most important constraints banking to find the necessary Read more…

Central bank sales of dollar decline in auction Wednesday

Central bank sales of dollar decline in auction Wednesday

By khabaar khaba since 5 hours 4 minutes 08/05/2013

Brother – Baghdad
Decreased sales of the Iraqi Central Bank of the dollar in the auction for the sale and purchase of foreign currency on Wednesday to 140 million and 336 thousand dollars, after yesterday reached 158 million and 335, a stable exchange rate was 1166 dinars per dollar.
She said daily bulletin issued by the Central Bank that the demand for the dollar Read more…