Posts Tagged ‘Central Bank of Iraq’

Alwani, describes the process of government supervision on the central bank to “devastating”

Tuesday, April 17, 2012 10:49

BAGHDAD / Baghdadiya News / .. MP for the coalition in Iraq Khalid al-Alwani, the introduction of the Central Bank under penalty of government oversight to “the destroyer” Alwani said in a statement received / Baghdadiya News / copy of it: “the central bank is one of the independent bodies that are subject to the supervision of the House of Representatives because it protects the Iraqi dinar, which is the property of the people not the government.” He added: Read more…

Hafiz: deposit money banks in Iraq better than the European American protection

17/04/2012 0:00

After the support of central bank has asked the Government on the protection of 
Baghdad – Haider Filaih Rubaie 
criticized the expert and economic thinker Dr. Mahdi Al-Hafiz Iraq’s claim to the United States to protect his money again, saying that these demands could deprive the country from the funds of an estimated $ 60 billion is the size of what has been deposited in Fed U.S., pointing out that Read more…

The central bank increases the rate of the dollar to sell banking companies, banks, civil

The central bank increases the rate of the dollar to sell banking companies, banks, civil

16/04/2012 17:27

Baghdad, April 16 (Rn) – The Central Bank of Iraq that he decided to sell 75 thousand dollars for each company banking and 250 thousand dollars to the banks eligibility in order to reduce the problems that lead to high prices of the dollar against the local currency. Deputy Governor of Central Bank of Iraq, told the Kurdish news agency (Rn) that “the central bank decided to sell 75 thousand dollars for each company banking a week after the value of selling 50 thousand dollars and the sale of… Read more…

Iraq’s Maliki accuses of seeking to dominate the central bank to help Syria and Iran

Iraq’s Maliki accuses of seeking to dominate the central bank to help Syria and Iran

16/04/2012 20:45

Erbil, April 16 / April (Rn) – accused the Iraqi List led by former Prime Minister Ayad Allawi on Monday, Prime Minister Nuri al-Maliki of trying to control the Central Bank of Iraq to support the economy of Syria and Iran, which face economic sanctions from the West. Iran faces a package of economic sanctions against the backdrop of its nuclear controversy while punished several countries Syria because of the suppression of the population claimants to drop the system. spokeswoman said the Iraqi List, Maysoon al that… Read more…

JD reveals new procedures for the central bank currency rates on the rise

17/04/2012

BAGHDAD / JD / .. Deputy Governor of the Central Bank of the speculators in the currency market and put the bank in front of critical options to address the recent rise in the Iraqi dinar exchange rate against the dollar, and revealed new measures to reduce the phenomenon of bleeding of the currency. The appearance of Dr. Mohamed Saleh, told the correspondent of the agency (JD): The treatment for the problem of high exchange rate requires taking one of two options either to cover the demand to provide a large reserve of currency or to let the consumer faces the consequences of… Read more…

Jubouri: Central Bank take even two steps to raise the price of the Iraqi dinar

04/15/2012

BAGHDAD / JD / .. According to a member of the Finance Committee’s parliamentary Haitham Jubouri take two steps the Iraqi Central Bank to raise the price of the Iraqi dinar and weighed against the U.S. dollar. Jubouri said L / JD / “The central bank has taken two steps is to first new controls on the value of the transfer and identify external electronic point of arrival and will go to any country,” and secondly “to keep the bank with $ 65 billion in capital.” Jubouri and “The Bank to keep the $ 65 billion is a very good capital that would preserve… Read more…

Foreign Relations: Congress did not mind the extension of the protection of Iraqi funds

04/16/2012

BAGHDAD / JD / .. hinted Foreign Relations Committee to the possibility of parliamentary approval of the U.S. Congress to extend the protection of Iraqi funds deposited in international banks, amounting to about $ 64 billion for a period of one year. A member of the Committee Deputy mainstay John’s / JD / “The U.S. side has agreed to extend the protection of Iraqi funds abroad, and that the U.S. Congress to extend the term did not mind.” John added, “The funds need to… Read more…

Expert: Central Bank need to change policies rather than leadership change

04/16/2012

BAGHDAD / JD / .. stressed economic expert, Dr. Asia Kazem al-Saadi said the central bank needs to change policies rather than changing the leadership. The professor of economics at the College of Management and Economics at the University of Baghdad / for JD /: that the policies of the bank open and behind the deterioration in the price of hard currency, saying that the problem will not be changing the leadership of the Central Bank a comprehensive solution.She said Saadi, he can, the bank enhances the position of the currency if… Read more…

Iraqi dinar swings due to political unrest and economic sanctions on neighboring countries

Date: Monday 16/04/2012 20:29

Translation: Ammar Kazim Mohammed Alaa Rady in place for the disposal of the currency in central Baghdad, there was a panel displays the value of Iraqi dinar to the U.S. dollar has been developed by three question marks in front of the value of the dinar. Iraqi businessmen say several weeks ago and they are struggling because of price concerns of the Iraqi dinar as a result of economic sanctions imposed on Iraq’s neighboring countries such as Iran and Syria as well as political unrest in the country. Alaa Rady shop owner: the price of… Read more…

Iraq: Maliki escalating attempts to control the Central Bank reminds us of what he did the previous regime of waste

Monday, April 16 / April 2012 14:54

[Baghdad – where]

The Iraqi List, expressed its grave concern at the escalation of the attempts of Prime Minister Nuri al-Maliki to take control of the Central Bank.

The spokeswoman said the list Maysoon al in a statement received by all of Iraq [where] a copy of it today, “continues the coalition in Iraq with great concern the escalation of attempts to the Prime Minister to control the central bank, which is of independent bodies associated with the House of Representatives, which fortified the Constitution and the law of any interventions government.

She added, “and is increasingly clear that attempts to authoritarianism on the central bank intended things to Khtiran, namely the acquisition of the cover of the Iraqi currency of reserves the central bank, and… Read more…

Vice Chairman of the Central Bank: foreign currency reserves cover the market needs by up to 120%

Sunday, April 15 / April 2012 17:15

Baghdad {: News} Euphrates Vice President of the Central Bank of the appearance of Mohammed Saleh, said that the bank reserves of foreign currency cover the needs of the market completely.

Said Saleh told {Euphrates News} “The central bank reserves of foreign currency cover the needs of the market and by 120% of the market needs so that if it were to withdraw all existing foreign currency in the market, the central bank is able to cover the local market,” he said. ” central Read more…

Experts stress the success of the Central .. And the high exchange rate caused by external factors

Experts stress the success of the Central .. And the high exchange rate caused by external factors

On: Sun 04/15/2012 8:22

 Baghdad / Ahmed Abed Rabbo,  
the government twice while I control the Iraqi Central Bank on the process of foreign exchange to the dollar, a number of experts (range) that the central bank has succeeded to a large extent, except in its monetary policy to raise interest rates at banks. He called head of economic studies at the University of Mustansiriya Abdul Rahman al-Mashhadani to the need to give the Central Bank Field enough to do to complete the rest of the procedures, saying the bank’s policy going the right way.

said al-Mashhadani (range): … Read more…

Council of Ministers confirms that the law requires the central bank to exchange views with the Government

Council of Ministers confirms that the law requires the central bank to exchange views with the Government
Sunday April 15, 2012

Sumerian News / Baghdad confirmed the Council of Ministers, on Saturday, that the law of the Iraqi Central Bank obliged to exchange information, views and coordinate monetary policy with the central government, pointing out that this is requested by the Government today. and the transfer of the unit director of information in the Secretariat of the Council of Minister Abdel Talaqani in an interview for “Alsumaria News”, the Secretary-General of the Council of Ministers on the Keywords saying that “Article 24 of the Code of … Read more…

Mutlaq warns of collapse of the Iraqi dinar if the government linked to the Central Bank

Mutlaq warns of collapse of the Iraqi dinar if the government linked to the Central Bank

15/04/2012 13:13

Erbil, April 15 / April (Rn) – Deputy Prime Minister of Iraq, Sunday, from attempts to link the Central Bank of Iraq government and intervention for privacy and compromising its independence, adding that this would lead to the collapse of the national currency and weaken the economy of the country and exposing the central bank money at risk, According to a statement issued by the Information Office of the Mutlaq. said in a statement received by the Kurdish news agency (Rn), a copy of it, citing Saleh al-Mutlaq said that “the two positions contradictory issued by the Iraqi government about its intention to… Read more…

Deputy central bank governor denies the government’s accusations that the auction cause of the low exchange rate of the dinar

On: Saturday 04/14/2012 17:42

Chairman of the Chamber of Commerce of Babylon’s (Citizen): lack of experience in government advisers led to the deterioration of the economic situation of the citizen – Ali Shaker Royal detection Advisor to the Prime Minister for Legal Affairs Fadel Muhammad from the conversion of more than $ 200 billion out of Iraq by the Central Bank auction to support a fixed rate for the dinar exchange . And denied the deputy governor of the Central Bank of the appearance of Mohammed Saleh accused adviser to Prime Minister Fadel Muhammad of the Central Bank that the procedures for… Read more…

Mutlaq warned the government from interfering with project raise zeros from the dinar

Saturday, April 14, 2012 14:29

BAGHDAD / Baghdadiya News / .. Deputy Prime Minister Saleh al-Mutlaq, Saturday, from attempts to link the Central Bank of Iraq’s government and intervention for privacy, noting that this action and intervention for privacy and his powers and fiscal policy will lead to the collapse of the Iraqi currency and weakening economy and displays of public money at risk.

He said al-Mutlaq said in a statement issued by his office and received / Baghdadiya News / copy of it, “The Iraqi government has issued two positions contradictory,… Read more…

Zuhair Araji: There are 10 companies dealing with the unknown in the central area of ​​currency

Saturday, April 14, 2012 08:36

BAGHDAD / Baghdadiya News / .. He called for the Iraqi bloc free Zuhair Araji, the committee formed by the prime minister to investigate the reasons for the high price of the dollar compared to the Iraqi dinar

Maliki is not “convinced” the performance of the central bank governor

On: Saturday 04/14/2012 11:12

 Baghdad / term 
 government confirmed yesterday that Prime Minister Nuri al-Maliki is “absolutely convinced” the performance of the Central Bank Governor Sinan Shabibi, as a result of continued high inflation in the country and the recent economic crisis. He accused the Central Bank of speculators in the currency market attempts to illicit enrichment through the exploitation of crises experienced by some neighboring countries and… Read more…

Central Bank: the high price of the dollar against the dinar controlled and reduced in the coming days

Saturday, April 14 / April 2012 15:44

[Baghdad – where]

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, said that the high price of the dollar against the dinar is dominated by the Bank and the coming days will witness a significant decline.

Saleh said … Read more…

Iraq calls for free to open an investigation to “breaches” the Central Bank and calls for the government to intervene

Saturday April 14, 2012

Sumerian News / Baghdad called the Iraqi bloc of free, on Friday, to open an investigation into the reports about the presence of breaches in the work of the Central Bank, as called for government to intervene in the event proved it. and the bloc said in a statement released today, has received “Alsumaria News” copy of it, “What are talking about some of the parties on the presence of breaches in the work of the Central Bank recently, especially in relation to fall in the value of the Iraqi dinar against the U.S. dollar requires validation,” calling for… Read more…