Posts Tagged ‘Central Bank of Iraq’

D. Smeisim: rig revenue numbers to conceal it from the IMF and “mislead”

D. Smeisim: rig revenue numbers to conceal it from the IMF and “mislead”

The time on Wednesday, 27 March / March 2013 10:24

BAGHDAD / Nasir Ali

Accused former economic advisor to the Secretariat of the Iraqi Council of Ministers peace Sumaisem Iraqi delegation negotiating IMF misleading Fund figures hide the task of balancing the country.

She Sumaisem that “the recent announcement of the Fund regarding the high balances preventive Development Fund for Iraq to more than $ 18 billion, is evidence that members of the IMF have not seen the real numbers and Read more…

3-24-2013: Iraqi Dinar Guru guesses!!

3-24-2013: Iraqi Dinar Guru guesses!!

3-24-2013 Newshound Guru Kaperoni on numerous occasions that the CBI, AMF [IMF?] and others have said they will choose…”floating orbit of exchange.” Which is a free float, not a managed float. We can only hope they implement what they state as this will be the fastest way for us to recognize substantial growth in the dinar exchange rate. Keep in mind, prior to war, Saddam had his currency on a “free float.” Read more…

Central Bank welcomes the entry European investment banks to Iraq

Central Bank welcomes the entry European investment banks to Iraq

Sunday July 8, 2012

BAGHDAD – and babysit – through Central Bank of Iraq for its “willingness to support any investment bank Uribe wants to enter Iraq if it is proved that he serves the country’s economy.”
The deputy governor said the appearance of Mohammed, “The condition of granting the license to any foreign bank wants to work in Iraq is the degree classification of merit of the bank and preferably be degree + AAA in addition Read more…

CBI identifies $ 10 million per day for each bank his capital 250 billion dinars…

CBI identifies $ 10 million per day for each bank his capital 250 billion dinars for the sale of currency

08/07/2012 14:06

Baghdad, July 8 (Rn) – The Central Bank of Iraq, Sunday, he decided to determine the $ 10 million a day, for banks with Heads of money, which is approaching 250 billion Iraqi dinars to promote the sale of hard currency in order to ensure she went to the private sector trade of Foreign Affairs. Deputy Governor Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the Bank identified $ 10 million in hard currency for Read more…

Can not say for sure that the central bank has succeeded in reducing the value of the dollar

The multiplicity of outlets selling the dollar to achieve economic gains for the country

19/06/2012 0:00

After that contributed to lower prices and declining rates of inflation
Baghdad – Haider Filaih spring
can not say for sure that the central bank has succeeded in reducing the value of the dollar, which reached record levels in recent months, but he (Central) end and to a large degree of persistence of high dollar against the Iraqi dinar, and succeeded to impose a monetary policy aimed at reducing the high rate of inflation, which could be receiving due to Read more…

CBI sets a time limit for banks to reach their capital 250 billion Iraqi dinars

CBI sets a time limit for banks to reach their capital 250 billion Iraqi dinars

14/06/2012 12:58

Baghdad, June 14 (Rn) – The Central Bank of Iraq Thursday he set a time limit for all banks in Iraq to increase their capital and reached the roof of 250 billion Iraqi dinars, indicating that the end of the selection is to improve its dealings banking. and exceeds the number of banks in Iraq, 50 banks and has more than 800 branches spread across the provinces, which still is a number slightly compared with the population. Deputy Governor of Bank of the appearance of Mohammed, told the Kurdish news agency (Rn) “We asked all banks in Iraq by increasing their capital to strengthen their dealings and give Read more…

CBI decides to grant licenses to banks to increase the civil branches

CBI decides to grant licenses to banks to increase the civil branches

12/06/2012 09:54

Baghdad, June 12 (Rn) – The Central Bank of Iraq, Tuesday, for making a decision to grant licenses for a limited number of private banks to increase its branches in Iraq, noting that private banks have exceeded the 40 banks. Deputy Governor of the Central Bank of the appearance of Mohammed, told the Kurdish news agency (Rn ) that “the Central Bank of Iraq has taken a middle ground through a grant licenses for a number of private banks with foreign branches are more than 40 for the opening of bank branches.” He explained that “the total number of branches of domestic banks and foreign in Iraq up to about Read more…

Rate of Central sales exceeded $ 200 million

Rate of Central sales exceeded $ 200 million

06/11/2012 0:00 

Iraq is trying to once again support the Iraqi dinar and the dollar to stop the flow of outside

Iraq is trying to once again support the Iraqi dinar and the dollar to stop the flow of outside

07/06/2012 10:21 AM

Babinaoz (Reuters) – say traders and officials said the Iraqi Central Bank, who is struggling to stem the illicit flow of dollars to Iran and Syria, has achieved some success in supporting the stability of its currency the Iraqi dinar by the flow of dollars to the Iraqis through banks run by the state. 
facing the bank for months, difficulty in dealing with the increase demand for the dollar in daily Mzhadath with Iqbal traders to buy the U.S. currency to sell in neighboring Syria and Iran, where galvanized the international sanctions imposed on them the demand for hard currency. 
Iraq and is recovering from decades of war and sanctions is still a centrally Read more…

Central Bank: sovereign bonds of Iraq the most expensive in the world

Central Bank: sovereign bonds of Iraq the most expensive in the world

Monday June 4, 2012

Central Bank of Iraq said that “international sovereign Iraqi bonds issued under the Paris Club granted a higher interest rate / not specified / purchased at prices which makes it expensive compared to the rest of the sovereign bonds rose for the rest of the countries that confer benefits by about 2%.”

The deputy governor of Bank of the appearance of Mohammed, “The current account surplus in the balance of payments amounted to about Iraqi 10% ratio to GDP (national income).” Stressing that “this will enable the Iraqi dinar rate of improvement because of the trend towards the adoption of central bank monetary policies successful.” He said.

He noted that “the Iraqi dinar on the way to improvement through the return Read more…

Central Bank: Iraq gets more foreign currency than sell

Thursday 31 May 2012

BAGHDAD – and babysit –The Central Bank of Iraq, “that Iraq gets more foreign currency than sell them,” adding that “the Iraqi dinar is going to improve.” The deputy governor of Bank of the appearance of Mohammed in a press statement that “the central bank gets more foreign currency than sell as the cash reserve at the central bank is estimated between 62 to $ 63 billion, the highest in the history of Iraq, monetary and financial.”

He stressed that “the head of the Iraqi dinar to improve, not only Read more…

Central Bank: private banks will begin to sell the dollar to the public at the price of 1189 Iraqi dinars

Baghdad, “Iraq’s gate,” Mohammed Sharif      05/30/2012 9:33

Central Bank of Iraq, that a wide range of private banks are the other will begin to sell the dollar cash to the public through the windows of sale at the exchange rate are approved and for no longer than 1189 Iraqi dinars per dollar.

According to a statement issued by the Bank received a “gate Iraq,” a copy of “Iraqi dinar is stable highly reflected in the continuing rise in the exchange rate of the Iraqi dinar against the dollar in the local market, and that the intervention of the Iraqi Central Bank in the exchange market and his handling of the Read more…

Central Bank: the deletion of zeros from the country of Iraq will be transferred trillions to billions

Tuesday 29 May 2012

Sumerian News / Baghdad Central Bank of Iraq, Tuesday, that the deletion of zeros from the Iraqi dinar currency will transfer the country from the country of trillions to billions, while stressing that the project still needs the approval of Parliament and the Iraqi government. Deputy Governor of Central Bank of Iraq the appearance of Mohammed Saleh in an interview for ” Alsumaria News “,” project to delete three zeros from the Iraqi dinar currency will move Iraq from the country of trillions to the country of billions, so Iraq will move from numbers 10 to the 12 to 10 to the 9 “. Saleh added that “the project is different from the issuance of a new currency as follows it not only deleted three zeros from the Iraqi dinar currency, but delete the three places calculations of the Read more…

Seminar in Karbala calling for the organization of the work of the banking sector in Iraq

05/28/2012
Karbala / JD / .. set up the investment in Karbala, in cooperation with local government today, Monday, to organize a scientific symposium mechanisms used in the work of the banking sector in the city, with the participation of the Iraqi Central Bank and a number of local and foreign banks are active. The director of the Investment Authority of Karbala some professional Abdul Hussein in an exclusive interview to the reporter / agency JD / that “the Commission considers, after consultation with the local government held the symposium to highlight the main obstacles and problems facing the movement of investment in Iraq at the Read more…

The central bank re-based documentary work after two decades of stop

Monday 28 May 2012

Central Bank of Iraq said that “next week will see the return address instead of relying C C conversion.”

The deputy governor said the appearance of Mohammed Saleh, said that “work to open letters of credit rather than transfer of credit for hard currency is a system that was in effect before the imposition of the embargo on Iraq in 1990,” noting that “this action will guarantee to make sure that the hard currency that are sold to traders not be paid unless Read more…

Deputy Governor of Central Bank: an integrated project to delete the zeros and the objectionable question is incorrect

Date: Monday 05/28/2012 11:53

Baghdad (news) .. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, the readiness of the bank to start the process of removing three zeroes from the Iraqi dinar currency, noting that the objection on that just Cecchekat is incorrect. 
Saleh said (of the Agency news) said on Monday: The project is integrated and all concerned in the government support him and there is no one against him, and who object to this project is skeptical of the ability of the central bank to implement it. He added that the central bank will be ready to implement the decision without hesitation if the government Read more…

CBI begins to pay depositors Warka Bank

CBI begins to pay depositors Warka Bank

28/05/2012 09:33

Baghdad, May 28 (Rn) – The Central Bank of Iraq, on Monday, he began to pay small depositors Warka Bank for Investment Al-Ahli, who suffered a financial crisis summoned and placed under guardianship. and decided Central Bank of Iraq beginning of March last to develop and guardianship to the Warka Bank because of the deterioration of fiscal policy , the bank said that the imposition of guardianship on the Warka Bank came to save him. The main tasks of the Central Bank in managing monetary policy in the country, and raise the value of Iraqi dinar and tackle inflation. Deputy Governor of Bank of the appearance of Mohammed, told the Kurdish news Read more…

Parliamentary Integrity check b «violations» in the Central Bank and the latter denies

27/05/2012 0:00 

Central seeks to stabilize the exchange rate to 1189 Iraqi dinars to the dollar

Central seeks to stabilize the exchange rate to 1189 Iraqi dinars to the dollar

26-05-2012 10:00 AM

Said the Iraqi Central Bank said on Saturday that the goal of monetary policy is to maintain and keep the Iraqi dinar exchange rate against the dollar by 1189, indicating the stability of the exchange rate in local markets after the expansion of outlets selling the dollar. 
and approved the Central Bank of Iraq this month, the existence of an imbalance in the Iraqi dinar exchange rate and confirmed his quest to unify the exchange rate between him and the local markets and denied at the same time any deterioration of the value of Iraqi dinar. The central bank was accused last week of four states with ‘conspiracy’ to hit the financial economy of Iraq to Read more…

Central Bank says that he seeks to install the exchange rate to 1189 Iraqi dinars to the dollar

Central Bank says that he seeks to install the exchange rate to 1189 Iraqi dinars to the dollar

26/05/2012 10:56

Baghdad, May 26 (Rn) – The Central Bank of Iraq, Saturday, that the goal of monetary policy is to maintain and keep the Iraqi dinar exchange rate against the dollar by 1189, indicating the stability of the exchange rate in local markets after the expansion of outlets selling the dollar.