Posts Tagged ‘Central Bank of Iraq’

Expert: the time is perfect for the deletion of zeros from the currency of the instability of political situation

On: Saturday 07/04/2012 13:32

Baghdad (news) .. Warned the economic analyst Ibrahim al-Mashhadani, the implementation of the project to delete the three zeroes from the Iraqi currency early next year, being an important project needs to be political and economic stability over the country when applied. 
Mashhadani said (of the Agency news) on Saturday: The time set by the central bank to implement the project delete the three zeroes from the Iraqi currency and due early next year is not ideal and needs to reconsider it, because… Read more…

Be the first to comment - What do you think?  Posted by MDV - April 7, 2012 at 9:38 am

Categories: CBI INFO & IRAQI DINAR NEWS   Tags: , , ,

 

Conflict between the legislative and executive control of the Iraqi Central Bank

On: Friday 06/04/2012 17:45

Baghdad / citizen 
at the time warned the Iraqi Council of Ministers of the Central Bank of Iraq of the consequences of the adoption of any tasks related to monetary policy without his consent, return of the Iraqi parliament these claims violations that can not be tolerated, especially since the Constitution gave the central independent authority under the supervision and control of the legislature without other.(citizen) got the official letter issued by the General Secretariat of the Iraqi Council of Ministers with the number s / 02/01/26 at 15/3, which is directed to the Iraqi Central Bank which stated,… Read more…

Be the first to comment - What do you think?  Posted by MDV - April 6, 2012 at 8:14 am

Categories: CBI INFO & IRAQI DINAR NEWS   Tags: , , ,

 

Central: In the «planning» 37 impediment to implementation of investment projects and foreigners are fleeing because of the seventh item (Chapter VII) of contraband and technological

BAGHDAD – Firas Al Hamadani Saadoun

He attributed the Iraqi Central Bank dropped rates of implementation of projects in the country to “factors internal and external,” and explained that there are dozens of obstacles to the implementation of projects annexed instructions of the Ministry of Planning, at a time when playing foreign companies working in the country that is still under Chapter VII of the UN Charter, and.. Read more…

Be the first to comment - What do you think?  Posted by MDV - March 29, 2012 at 11:16 am

Categories: CBI INFO & IRAQI DINAR NEWS   Tags: ,

 

Deleting 3 zeroes from the Iraqi dinar will cost CBI $150 million

Date: Monday 03/26/2012

UAE’s Al Ittihad newspaper Monday, 26/3/2012 official sources within the Central Bank of Iraq that the draft deleted three zeros from the Iraqi dinar and actually began the process of replacement will cost the state budget the amount of 172 billion dinars (150 million dollars), and the budget next year will be the new dinar will «Central» to raise its value gradually against the dollar down to be…. Read more…

Be the first to comment - What do you think?  Posted by MDV - March 27, 2012 at 5:54 pm

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Saadi: Maliki a dictator in a legal way .. And go on the ability to control the country’s financial

On: Sun 03/25/2012 9:02

Baghdad (news) .. Said independent MP Sabah al-Saadi said Prime Minister Nuri al-Maliki “dictator” in a legal way, noting that he is heading to control all aspects of the state, calling for political forces to meet the personalities and political forces of dictatorship through legal and democratic. 
said Saadi (the Agency news): Maliki “dictator” in a legal way, where the use of law and the judiciary to the implementation of the dictatorship (his words), and seeks to get rid of … Read more…

Be the first to comment - What do you think?  Posted by MDV - March 25, 2012 at 10:32 am

Categories: IRAQI DINAR POLITICS & ECONOMY   Tags:

 

Central banks, financial and agree to resolve problematic Warka Bank

Saturday, March 24, 2012 07:03

BAGHDAD / Baghdadiya News / Sources close to the Central Bank and the Ministry of Finance’s efforts to resolve a problematic custody of the Warka Bank by providing financial support to him, and between the Executive Director

Of the Association of Banks for Abdul Aziz Hassoun told us that the central bank officially preparing for… Read more…

Be the first to comment - What do you think?  Posted by MDV - March 24, 2012 at 9:46 am

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Central Bank Governor: Increase the pressure on our economy after the “isolate” Iran’s banks

Saturday, March 24, 2012 08:56

BAGHDAD / Baghdadiya News / .. An official high in the monetary authority increased pressure on the Iraqi economy after the feet of institution-based Swift Broxsl isolate Iranian banks from the global banking system

What prevents them from doing any banking activity.The Deputy Governor of the Central Bank of appearance of Dr. Mohammed Saleh / Baghdadiya News / “The Foundation Swift is.. Read more…

Be the first to comment - What do you think?  Posted by MDV - at 9:36 am

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Central Finance and agree to resolve the problematic Warka Bank

Friday, March 23, 2012 15:40

BAGHDAD / Baghdadiya News / .. with sources close to the Central Bank and the Ministry of Finance of the existence of efforts to resolve the problematic custody of the Warka Bank by providing financial support, between the Executive Director of the Association of Banks Abdul Aziz al-Hassoun of the central bank told us officially preparing for.. Read more…

Be the first to comment - What do you think?  Posted by MDV - March 23, 2012 at 9:43 am

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Crude Oil Reserves ‘Expected to Double’

Posted on 17 March 2012.
The Oil Ministry expects that Iraq’s crude oil reserves will double, the ministry’s official spokesman said on Wednesday.

“The definite crude oil reserves (143 billion barrels) will double … due to the ministry’s activities in exploration and Iraq’s oil licences,” Aasem Jihad told Aswat al-Iraq news agency.

“We hope Read more…

Be the first to comment - What do you think?  Posted by MDV - March 17, 2012 at 9:33 am

Categories: IRAQI DINAR POLITICS & ECONOMY   Tags: , , ,

 

Economist: delete the zeros will lead to re-structure and currency composition

17/03/2012
Mosul – Walid money is brought to the Centre of Regional Studies at the University of Mosul during a panel discussion on the future light of the national currency of Iraq and its role in the development of the Iraqi economy. And saw a researcher at the School of Management and Economics at the University of Mosul, Dr Hashim Aercop that the process of changing the currency can achieve goals positive, considering it an important step to reform the monetary and Read more…

Be the first to comment - What do you think?  Posted by MDV - at 9:24 am

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Parliament to host Maliki heads on the results of his visit to Kuwait

Friday, March 16, 2012 17:29

BAGHDAD / Baghdadiya News / .. MP Ali Al-Tamimi on the mass of the Free, a tendency a lot of members of the House to host Prime Minister Nuri al-Maliki to the House of Representatives for clarification from him on the results of his recent visit to Kuwait.

The MP said Tamimi told / Baghdadiya News / Friday, “The hosting of this will show a lot of circumstances and will put an end to the hearsay and speculation with regard to relations between the two countries.” Read more…

Be the first to comment - What do you think?  Posted by MDV - March 16, 2012 at 11:34 am

Categories: IRAQI DINAR POLITICS & ECONOMY   Tags: , ,

 

Rise in central bank sales to $ 244 million

14/03/2012 16:59
Baghdad, March 12 / March (Rn) – The Central Bank of Iraq, Wednesday, that his sales of the U.S. dollar rose today to $ 244 million from $ 234 million on Tuesday. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) “central bank sales on Wednesday, $ 244 million, while the shares on Tuesday $ 234 million,” explaining that “Price was 1179 Iraqi dinars to the dollar interest rate of up to 10 dinars.” He also called for Read more…

Be the first to comment - What do you think?  Posted by MDV - March 14, 2012 at 12:45 pm

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