Posts Tagged ‘Central Bank of Iraq’

Government: zeros of the Iraqi dinar remain until further notice

14.04.2012

Iraqi government decided to dismiss the deletion of three zeros from the national currency. She noted the Department of Cabinet Affairs in a brief statement that the decision requires to stay the proceedings relating to the operation until further notice. The cabinet took this decision based on what presented to the Economic Affairs Committee.  The Central Bank of Iraq announced in August last year that he plans to delete the zeros in order to facilitate financial transactions and that the proposed bank to restructure the Iraqi dinar is awaiting approval of … Read more…

Deputy for the Iraqi bloc free: there are companies that are not known to deal with the central bank to lift and caused the dollar exchange rate

On: Saturday 04/14/2012 11:05

Baghdad (news) .. Called MP / Iraqi bloc of free / Zuhair Araji, the committee formed by the prime minister to investigate the reasons for the high price in front of the dinar. 
They said in a press statement: there is information to suggest that companies that used to deal with the Central Bank, which received official approval in this regard are 21 companies and the Bank only, but what happened later is… Read more…

Deputy central bank bears Yasiri responsibility leave Iraqi funds frozen in international banks

On: Saturday 04/14/2012 12:09

Baghdad (news) .. Download a member of the Finance Committee MP / National Alliance / Abdul-Hussein al-Yasiri Central Bank responsible for not investing the money Iraqi deposited in international banks, despite the fact that the country desperately needed for the implementation of investment projects and services. 
Yasiri said (of the Agency news) on Saturday: The Central Bank bear the greatest responsibility not to invest in Iraqi funds frozen in international banks, amounting to more than (62) billion dollars, stressing that… Read more…

Iraq: Economists claim to support the central import in euros to meet the depreciation of the dinar against the dollar

13/04/2012 17:45

Baghdad, April 13 / April (Rn) – The number of economic experts, the Iraqi government to support import in euros to face the crisis, the devaluation of the Iraqi dinar against U.S. Dollars.said economic expert is teaching at the University of The Hague, Netherlands Sajid full, told the Kurdish news agency (Rn) that “the Bank CBI is called upon to resolve the latest crisis to focus the import of the euro and work to address the serious to reduce the demand for the Iraqi dinar. ” He explained that “the Iraqi dinar deteriorated alarmingly over the past week which indicates the absence of a policy of balanced central bank from which to support the… Read more…

The Central Bank underlines the need to extend the custody of the Iraqi funds for an additional year

14/04/2012 15:02

Baghdad, April 14 / April (Rn) – The Central Bank of Iraq on Saturday, Iraq’s need to extend the trusteeship U.S. on Iraqi funds. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the Iraqi funds needed to extend the agreement with Washington for a year extra to provide protection of the crisis of its trade creditors counterfeiters. ” The White House had decided in June of last year to impose custody of Iraqi funds at the request of… Read more…

Central: Syria, Iran, and behind the decline of the Iraqi dinar against the dollar

14/04/2012 17:30

Baghdad, April 14 / April (Rn) – approved the Central Bank Saturday that reduced the local currency came because it covers the needs of Syria and Iran of hard currency. 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. said Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that… Read more…

Iraqi “free” calls for the investigation of the existence of violations in the work of the Central Bank

Friday, April 13, 2012 10:55

BAGHDAD / Baghdadiya News / .. called Free Iraqi bloc to form a parliamentary committee and other administrative investigation into allegations of violations for the work of the Central Bank of Iraq.

Finance Committee: the high price of the dollar caused by the increased demand of neighboring countries has

Thursday April 12, 2012

Confirmed member of the Finance Committee of Parliament from the Kurdistan Alliance Najiba Najib that the high exchange rate of U.S. dollar against the Iraqi dinar is caused by strong demand and pressure on the dollar by the neighboring countries, particularly Syria and Iran, as a result of economic conditions and the international embargo imposed on them.

Said Najib said in a statement summed up by… Read more…

Central Bank: the devaluation of the dinar price bubble will be gone

13.04.2012

Warned the Finance Committee in the Iraqi Council of Representatives of the seriousness of the continuing decline in the exchange rate of the dinar against the U.S. dollar, which arrived during the last few days of 1300 dinars to the dollar, for the first time in nearly four years. A member of the Finance Committee Haitham al-Jubouri that the committee follow with great concern the continuing decline of the value of Iraqi dinar against the dollar, noting that this decline will have… Read more…

The parliamentary economic: Central Bank of the financially and administratively independent and can not be its association with the Council of Ministers

On: Friday 4/13/2012 9:36

Baghdad (news) .. A member of the Economic Commission parliamentary MP / National Alliance / Abdul-Abbas, broadly, that the Iraqi constitution granting the central bank full independence and no right to one of intervention in its affairs 
, noting that the Constitution gives the right of coordination between the government and the central bank, not government control complete it. 
said Xiaa ( Agency news): The Central Bank is an independent body financially and administratively nor can any other party to put under its control as stipulated by the Central Bank Law No. (66) for… Read more…

Iraq calls for free to the formation of parliamentary committees to investigate and administrative violations in the Central Bank

On: Friday 13/04/2012 13:44

Baghdad (news) .. called / Iraqi bloc of free / to the formation of a parliamentary committee and other administrative investigation into the allegations for violations in the work of the CBI. 
said mass in a statement on Friday received the Agency (news) copy of it: that what you are talking about Some of the Parties on the existence of violations in the work of the Central Bank recently, particularly with regard to landing the value of Iraqi dinar against the dollar, require verified through the formation of… Read more…

Najafi meet Shabibi and assures him of the independence of the Central Bank of Iraq away from the tutelage of the government

Posted 10/04/2012 01:01 PM

BAGHDAD – “squares of liberation” by Alaa al-Janabi

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

Thursday, April 12 / April 2012 19:12

Baghdad {: News} Euphrates denied the deputy governor of the Central Bank of the appearance of Mohammed Saleh accused adviser to Prime Minister Mohammed Fadhil of the Central Bank that the auction procedures to sell the dollar is the reason for the low exchange rate of the Iraqi dinar.

He was an adviser to Prime Minister Fadel Muhammad accused the central bank Penh reason for the decline in the Iraqi dinar exchange rate against the U.S. dollar tractor auction procedures followed by the central bank to sell foreign currency.

Saw the Iraqi dinar… Read more…

Financial exploitation warn of cash reserves for development projects

Date: Thursday, 04.12.2012 9:07

 Baghdad / Ahmed Abed Rabbo 
warned a number of financial experts of the consequences of the exploitation of reserves in the Central Bank, which is estimated at 60 billion dollars by the government to economic development projects, pointing out that it is a cover of the local currency.

And saw the local market rose slightly in the exchange rate of the dollar against the dinar, called economic expert Bassem Jamil Anton to keep these balances at the central bank as a cover for… Read more…

Cabinet denies the request of the Government to link the Central Bank by

Thursday April 12, 2012

–denied the Iraqi Council of Ministers, on Thursday, that there is a demand from the government by linking the central bank.

The Secretary-General of the Council of Ministers on the Keywords in a statement issued today, and received, and public opinion news agency copy of “The Iraqi government did not ask the Council to link the central bank, or even trying to undermine its independence.”

The head of the Iraqi Council of Representatives Osama Najafi said, … Read more…

Council of Ministers decides to be patient in the process of removing the zeros from the national currency

Thursday April 12, 2012

BAGHDAD – and babysit –Council of Ministers decided to wait in the application process to delete the zeros from the national currency until further notice. The Director General of the Department of Cabinet Affairs in a press release received news agency public opinion (and babysit) a copy of it on Thursday that “requires the decision to stop all actions relating to the operation until further notice.”

“The Council of Ministers Resolution… Read more…

Suction dollar

04/12/2012 1:16

Mohammed Abdul-Jabbar carp 
 while continuing to price the U.S. dollar rise against the dinar, is escalating the dispute between the legislature and the executive branch about the powers and area of the Central Bank. 
does not seem to timing differences appropriate, especially if you moved from department purely technical to the political department, and became part of the list of differences between the various political blocs, it seems, in everything! 
issue price of the dollar being the form in which it is now of serious and … Read more…

Central: rise of the dollar will not last .. And actions taken enough to Bkhvdah

04/12/2012 1:46

The center of his claim to take more effective measures 
Baghdad – Haider Filaih spring 
with experienced local market made ​​notable gains in commodity prices and various materials by the high price of the dollar, the central bank said it was taking firm action he said was enough to revive the reality of the dinar and reduce the prices of the dollar, which rose in a clear and significant during the past few days, in the meantime has escalated calls for urgent action and immediate action to reduce the prices of the dollar, and… Read more…

Parliamentary Economic Commission demanding the central bank to halt decline in the Iraqi dinar against the dollar

Posted 07/04/2012 06:33 AM

BAGHDAD – “squares of liberation”

Maliki decided to inflict the CBI office personal and Najafi asked to stop the violation of independent institutions

Posted 07/04/2012 12:03 PM

BAGHDAD – “squares of liberation”
after the authorization granted by the Federal Court of Prime Minister Nuri al-Maliki’s control over the independent institutions and attached to his office PC, Head of the House of Representatives Osama Najafi for a letter to al-Maliki about the fate of the Central Bank. 
quoted ” Euphrates News, “a source as saying that” the Najafi said during a session of the House of Representatives today for a message sent by him to Prime Minister Nuri al-Maliki urging him not to interfere in the matters of the Central Bank and the statement of the functions and… Read more…