Posts Tagged ‘Central Bank of Iraq’

Iraqi funds between several options .. I represent the extension of protection (DFI)!!

Iraqi funds between several options .. I represent the extension of protection

08/05/2013 12:00 AM

With the approaching expiry
of Baghdad – Mostafa Hashemi
at the time is approaching when Iraq from the expiry date of the protection fund Iraqi funds DFI by the Government of the United States, called specialists government officials to reconsider this issue and choose the most appropriate solution to end this file from a range of options notably the transfer of the remaining money in the fund to Iraq and the central bank to assume responsibility for payment of debt creditors.
and called economists need to ask the American side to extend for another year, to coincide with Iraq’s commitment to implement all UN resolutions, the most important settlement of external debt, which left them nothing little, while others said that as long as Chapter VII present the extension of Read more…

Central bank: the deficit in the current year budget is not illusory but planned

Central bank: the deficit in the current year budget is not illusory but planned

07-05-2013 11:35 AM

Baghdad (news) .. take the central bank governor Agency Abdul Basit Turki, said that the deficit recorded in each balancing federal is not a deficit placebo, but planned for the future. said a Turkish reporter Agency (news): The Iraqi budget and since 2003, so far issued disability scheme and ending with a surplus fact except for the 2009 budget, noting that the Central Bank in particular, and the government generally hopes to Read more…

Economic center: invest part of the reserves of the Central Bank in local projects is a major economic risk

Economic center: invest part of the reserves of the Central Bank in local projects is a major economic risk

02-05-2013 11:18 AM

Baghdad (news) .. Warned Prime Media Center Economic Dergham Mohammed Ali, invest part of the reserves, the central bank of foreign currency in local projects within the country, because it is the risk of a major on the economic situation in the country. said Mohammed Ali (of the Agency news): The foreign reserves of the currency at the Central Bank is an asset for an emergency on the one hand and also cover the local currency on the other and cover longer reliable international and Read more…

The central auction sales fall to 150 million at today’s meeting

The central auction sales fall to 150 million at today’s meeting

Tuesday, April 30, 2013 15:18

Baghdad / Baghdadi news / .. scored auction sale currency at the central bank, on Tuesday, a decline in the value of sales, compared to sales yesterday.
The bank governor said Abdul Basit Turki said in a statement taken by his press office received / Baghdadi news / “The central bank auction sales reached in today’s Geslh” 150 “million” 642 “thousand dollars, with the participation of 27 banks.”
He added that “the value of the quantity sold in cash from the dollar amounted Read more…

Analyst: lower price of gold on world markets impact the Central Bank of Iraq

Economic Analyst: lower the price of gold on world markets impact on the price of locally

27-04-2013 10:50 AM

Baghdad (news) .. Warned economic analyst gentle Abdul Salem Okkaily, from the impact of lower gold price in global markets on the size of the capital of the Central Bank of Iraq, the fact that he has large reserves of gold. Ugaili said (of the Agency news): The decline in the price of gold on world markets after largely on price in the domestic market, which led to decline also, the fact that gold Local mostly imported. explained: that the new policy followed by the Central Bank of diversified basket of currencies Read more…

Central banks actions for the stability of the Iraqi dinar is not working

Central banks actions for the stability of the Iraqi dinar is not working

04/27/2013 (23:01 pm)

Baghdad / tributary cactus and agencies

Experts believe specialize in regard financial and currency traders that the stability of the exchange rate of the dollar against the Iraqi dinar due to the absence of professional management of the central bank, pointing to the need to reconsider the mechanism by which it deals with the market to correct failures occurring in the exchange rate volatility, and record the dollar exchange rate in the market local risen sharply over the past few days, if the price of one dollar more than Read more…

Central bank: There is no intention at this time to delete the zeros from the currency

Central bank: There is no intention at this time to delete the zeros from the currency

April 26, 2013 20:35

Baghdad / Baghdadi news / .. The Iraqi Central Bank, on Thursday, that there is no intention at this time to restructure the currency and deleting three zeros of them, denying the reports in this regard.
The bank said in a statement taken by his press office and received / Baghdadi News / copy of it, that “some of the media handled statements about the intention of the Iraqi Central Bank restructuring of the currency and deleting three zeros of them,” adding, “While confirming that the bank Read more…

Appeal to the need to launch citizens’ deposits with banks Warka and Basra

Appeal to the need to launch citizens’ deposits with banks Warka and Basra

18:23 26/04/2013

Follow-up – and babysit – Economic Information Center appealed to the central bank to give assurances to depositors about the safety of their deposits with the bank Warka and Basra.
The head of the center Dergham Mohammed Ali that the numerous complaints received from the depositors in the Warka Bank in addition to the Bank of Basra to the Media Center Economic about the absence Read more…

Lack of clarity of the central bank’s policy led to the fluctuation of exchange rates of the dollar

Economic parliamentary: political crises and the lack of clarity of the central bank’s policy led to the fluctuation of exchange rates of the dollar

Wednesday, 24 April / April 2013 14:35

{Baghdad: Euphrates News} confirmed member of the Committee on Economy and Investment parliamentary Nora Salem said the problems and political crises witnessed by the country and the lack of clarity of the central bank’s policy led to the fluctuation of exchange rates الدولا against the Iraqi dinar.

She said Salem told {Euphrates News} on Wednesday that “the central bank need to have sufficient experience to his administration,” pointing out that “the Governor of the Bank’s New Abdul Basit Turki does not have sufficient Read more…

Central bank to develop procedures to prevent fraud at the currency exchange after deleting three zeros of them

Abdulabas Xiaa: Central bank to develop procedures to prevent fraud at the currency exchange after deleting three zeros of them

17-04-2013 07:16 AM

Baghdad (news) .. A member of the Committee on the economy and investment MP / National Alliance / Abdulabas Xiaa, the date of implementation of the project to delete the three zeroes from the currency early this year (2014), confirming that the central bank to develop procedures limit fraud and manipulation that may accompany the process of replacing the currency. said Xiaa ( Agency news): The project to ايعد delete the zeros of the three from the Iraqi dinar currency only, but re-structuring currency in terms of Read more…

Central bank sales of dollar rise at an auction Tuesday

Central bank sales of dollar rise at an auction Tuesday

Tuesday, April 16, 2013 15:27

BAGHDAD / Baghdadiya News / .. sales rose CBI of the dollar in the auction for the sale and purchase of foreign currency on Tuesday to 152 million and 157 thousand dollars after hit yesterday 103 960 000 dollars, a stable exchange rate was 1166 dinars per dollar. ”
He explained the central bank governor and Read more…

Central sales in excess of $ 200 million at today’s meeting

Central sales in excess of $ 200 million at today’s meeting

Sunday, April 14, 2013 15:40

BAGHDAD / Baghdadiya News / .. record auction sale currency at the central bank, on Sunday, a remarkable rise in the value of sales valued at more than the “200” million dollars.
The governor of the Bank and Agency Abdul Basit Turki in a statement quoted by his press office and received / Baghdadiya News / copy of “sales currency auction at the Central Bank reached at today’s meeting” 204 “million” 399 “thousand dollars,” explaining that Read more…

The development of the retail payment system through “mobile phone” will facilitate financial transactions

Deputy: the development of the retail payment system through “mobile phone” will facilitate financial transactions in the country

12-04-2013 10:52 AM

Baghdad (news) .. According to a member of the Finance Committee MP / National Alliance / Amin Hadi, the importance of developing financial systems and banking in the country for its contribution to advancing investment and the economy forward. said Hadi (of the Agency news): The orientation of the Iraqi Central Bank to develop propulsion system retail by using Device ‘mobile’ will facilitate trading banking and financial transactions, confirming that it is one of the systems Read more…

TRUE WEALTH OF IRAQI PEOPLE CNN IREPORT

TRUE WEALTH OF IRAQI PEOPLE CNN IREPORT

By jbp1955 | Posted March 19, 2013 | Greenville, Texas

We, as a people, cannot go back and correct things of the past. However, we can voice and make known the things of the now and what it will mean for the future. This iReport will not go into the underlying reasons or goals of the invasion of Iraq but it will set forth a view as to the now and what it means to remove the political landscape so that the Iraqi people can move forward in their freedom as a nation but more importantly move forward with the wealth which has been promised to them and made constitutional within the new Iraq constitution.
We focus so much time on news worthy politics but gloss over news worthy reports of the real behind the scene issues of allowing the Iraqi people to finely Read more…

Appearance of Mohammed Saleh: No one knows what happens inside the Central Bank

Appearance of Mohammed Saleh: No one knows what happens inside the Central Bank

The time on Thursday, April 11 / April 2013 08:02 | |

BAGHDAD / Walid Mehdi

At a time when revealed to the Parliamentary Integrity Committee for the theft of 10 tons of central bank gold under the new administration, sources familiar with the work of the Central Bank and a defect Iraqi gold Bahtiat and not theft.

Conversely called the former deputy governor of the Bank the appearance of Mohammed Saleh bank’s management to clarify how the disappearance of 10 tons of gold or deny the matter originally. Saleh said that the rumors about stealing Iraq’s gold reserves of the central bank is mysterious, and Read more…

Drop the charges and cancel the arrest warrant for Iraqi Central Bank Governor Sinan al-Shabibi

Drop the charges and cancel the arrest warrant for Iraqi Central Bank Governor Sinan al-Shabibi

11/04/2013

Palm – The Iraqi Central Bank Governor Sinan al-Shabibi issued an arrest warrant, on Wednesday, he heard it was dropping the charges against him, pointing out he was waiting for formal notification in order to return to Iraq.

Shabibi said who is outside Iraq in a media interview that he heard the decision to drop the charges against him, but did not reach an official letter to resolution so far, “noting that it” can not return to Iraq until it is formally notified.

Shabibi said that he “will return if notified,” stressing the need to drop the Read more…

Speculators trading in the passport and behind the rise in the dollar exchange rate

Speculators trading in the passport and behind the rise in the dollar exchange rate

The time on Wednesday, April 10 / April 2013 08:07 | |

Baghdad / Ahmed Yassin

Economists attributed the Financial experts higher dollar prices in the local markets of the last days of speculation and trading operations buying and selling foreign currency from the central bank outlets, in addition to the World Bank failed to control the rise in the U.S. dollar exchange rate.

The official source in Baghdad Read more…

Central confirms obtain a statistical error in the reserves of gold

Central confirms obtain a statistical error in the reserves of gold and points to the presence of target performance

Wednesday, April 10, 2013 16:26

BAGHDAD / Baghdadiya News / .. the central bank of Iraq, on Wednesday, the existence of a statistical error in the data on Baanaatih of gold made by the International Monetary Fund (IMF) have been corrected, pointing to the existence of systematic targeting of its performance, and that it will not tolerate the targeting.
The bank said in a statement received / Baghdadiya News / copy of it, that “the source of discrepancies in the data related with the Central Bank of gold Read more…

Central bank sales of dollar rise at an auction Wednesday

Central bank sales of dollar rise at an auction Wednesday

Wednesday, April 3, 2013 15:20

BAGHDAD / Baghdadiya News / .. sales rose CBI of the dollar in the auction for the sale and purchase of foreign currency, Wednesday, to 183 497 000 dollars after hitting a yesterday 139 million and 840 thousand dollars a stable exchange rate was 1166 dinars per dollar. ”
The governor of the Central Bank and the Agency Abdul Basit Turki said in a statement Read more…

New Iraqi Dinar to Change World Banking

New Iraqi Dinar to Change World Banking

Posted on 01 April 2013.

By Marc Snaid.
The Central Bank of Iraq (CBI) has announced that the introduction of the new Iraqi currency has been further delayed due to teething problems with the cutting-edge technology that it will employ.
Radical new functionality including fingerprint recognition and near-field communication (NFC) promises to create a world-leading new monetary system, which will be the envy of governments around the world.
Several years of collaboration between the CBI, the World Bank, and Goldman Read more…