Posts Tagged ‘Dollar’

Analysis: When the dollar loses its dominance in the international monetary system?

Analysis: When the dollar loses its dominance in the international monetary system?

Posted, 23/03/2015

Away from the limelight hedge many countries in gold on the dollar account. The BRICs are trying to establish institutions to break the monopoly of the IMF and the World Bank controlled by the West. Does this mean that the dollar’s dominance on the international monetary system has become a matter of time?
The US currency Read more…

Parliamentary demanding the central bank to take swift action to save the Iraqi dinar

Committee on Economy and Investment parliamentary demanding the central bank to take swift action to save the Iraqi dinar

22/03/2015 18:38

Tomorrow Press / Baghdad: Committee for Economy and Investment parliamentary warned Sunday of the continuing rise in the dollar exchange rate against the dinar, claim the central bank to take swift action to save the Iraqi dinar.
Committee Chairman Jawad al-Bolani for “tomorrow’s Press,” that “the dollar exchange rate is witnessing a sudden rise in recent days against the dinar, and this is due to Read more…

Advisor to the Prime Minister: Iraq needs to protect the deposit law to fortify the country’s economy

Advisor to the Prime Minister: Iraq needs to protect the deposit law to fortify the country’s economy

03.22.2015 15:14

{Baghdad: Euphrates News} stressed economic advisor to the prime minister, the appearance of Mohammed Saleh, said that “Iraq needs a law to secure and protect deposits and depositors in banks; to be able to fortify the stability of the Iraqi economy.”
Said Saleh told {Euphrates News} that “a large group of depositors reluctant to deposit their money because of the collapse of a large group of banks or entry under the trusteeship, which calls for the Read more…

Interactions currency auction

Interactions currency auction

3/22/2015 0:00

Yasser incumbent
accounted for the Iraqi Central Bank’s decision due to adjustments in the currency auction system of interest involved and interested Overall, monetary and financial, in particular, economic affairs and caused controversy among bankers and banking led to the lifting of the exchange rate as a result of Read more…

The deterioration of the euro exchange rate of a new beginning for “currency war”

The deterioration of the euro exchange rate of a new beginning for “currency war”

Posted, March 22, 2015 20:04

BAGHDAD / follow Baghdadi News / .. indicates the deterioration of the euro exchange rate against the dollar once again to the “currency” that rotates under the central banks that want to activate its crisis-hit by currency economics of war.
The quake, which hit the financial system in 2008 and the debt crisis in Europe between 2010 and 2012 and the situation monetary institutions in the front lines, and all of them worked as a guardian of the national currency, Read more…

North Bank: liquidity crisis “General” caused “Daash” and the budget

North Bank: liquidity crisis “General” caused “Daash” and the budget

22/03/2015 (00:01 pm)

BAGHDAD / long-Presse

North Bank management confirmed that the liquidity crunch general crisis in public banks do not belong to his bank alone, and as revealed it had debts of the Ministry of Education in the amount of 100 billion dinars not yet received, drew to find some contractors to pay what discharged from loans.
He said the north bank manager Munther student in an interview to the (long-Presse), that “the liquidity crisis experienced by the public banks do not belong to his bank alone.”
He demanded, that Read more…

Parliamentary Finance: Dollar rises because speculators an issue temporary and will disappear

Parliamentary Finance: Dollar rises because speculators an issue temporary and will disappear

03/21/2015 19:24

Tomorrow Press / Baghdad: Parliamentary Finance Committee confirmed on Saturday that the current Iraqi central bank sales of the currency, the US dollar is enough to market needs, attributed the reason for the high dollar exchange rate against the dinar to the speculation.
Said committee member Majda al-Tamimi’s “Tomorrow Press”, he was “in accordance with Article 50 of the Budget Law for 2015, which identified the central bank sales of $ 75 million instead of Read more…

IMF expects a “significant increase” in the 2015 budget deficit and propose “drastic measures” to reduce it

IMF expects a “significant increase” in the 2015 budget deficit and propose “drastic measures” to reduce it

3.21.2015 one four a.m.

Long-Presse / Baghdad
International Monetary Fund forecast, on Friday, the high proportion of the deficit in the budget of 2015 to more than the 12 percent announced by the government, to “significantly higher levels”, due to lower oil prices, and the weakness of the possibility of Iraq’s commitment to export 3.3 million barrels per day, and assume the budget, Proposed implementation of reform measures include strict Read more…

Iraqi dinar exchange rate against the dollar

Iraqi dinar exchange rate against the dollar

10:15 03/21/2015

US $ 1 = 1,161.0800 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars Read more…

Parliamentary Finance: Iraq has lost four billion dollars over the past two months

Parliamentary Finance: Iraq has lost four billion dollars over the past two months

21/03/2015 09:34 GMT

BAGHDAD – and babysit – revealed the parliamentary finance committee member Husam punitive, Iraq suffered from financial loss amounted to more than 4 billion dollars.
He said in a statement punitive “public opinion” has received a copy of it, that “the non-arrival of the production and export of crude oil during the months of January and February to the planned figure in the 2015 budget caused a financial Read more…

Central: we will ensure troubled banks .. and we have new measures to boost liquidity

Central: we will ensure troubled banks .. and we have new measures to boost liquidity

03/19/2015 (00:01 pm)

BAGHDAD / Wael grace

Reduce the Iraqi Central Bank of dealers concerns with private banks and concerns of non-payment of “deposits” owed by those banks, after news leaks about the reluctance of some private banks to give deposits to customers, while the “central” said he can ensure that money through the “reserve legal “available at each bank.
Central and revealed Iraqi series of actions may enhance liquidity, Read more…

Iraqi dinar exchange rate against the dollar

Iraqi dinar exchange rate against the dollar

09:30 18/03/2015

US $ 1 = 1,165.0000 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars

Last update: Read more…

Zebari: Iraq is considering the issuance of international bonds denominated in dollars

Zebari: Iraq is considering the issuance of international bonds denominated in dollars to help bridge the deficit going forward

Wednesday, March 18 / March 2015 18:25

[Follow-up where]

Finance Minister Hoshyar Zebari said on Wednesday that Iraq is considering the issuance of international bonds denominated in dollars for five years worth five billion dollars to help it plug in going forward and will soon begin to pay some dues foreign oil companies.

Zebari said in a statement to Reuters, and I followed all of Iraq [where], “for government bonds will start talks with Citibank and Deutsche Bank tomorrow,” in reference Read more…

Proposal to launch a Government bond debt in dollars not Iraqi dinars

Proposal to launch a Government bond debt in dollars not Iraqi dinars

3/18/2015 0:00

As supporting the national economy
BAGHDAD – Mostafa Hashemi
suggested economist appearance of Dr. Mohammed Saleh, the Ministry of Finance to issue Government bond debt is denominated in dollars, not dinars to contribute to the achievement of a national dividend would reduce the budget deficit ratio.
According to Wikipedia, the sovereign debt in the form of bonds, and when governments issue bonds they behave Read more…

Central Bank announces new tax system limits the “money laundering” and reduce “corruption”

Central Bank announces new tax system limits the “money laundering” and reduce “corruption”

03.17.2015 5:58 p.m.

Long-Presse / Baghdad
Iraqi Central Bank announced on Tuesday, the adoption of a new mechanism for the payment of taxes and control of “money laundering” through the prepayment of taxes and customs of the goods entering Iraq, returned that will double the country’s imports, while saw the board of the border crossings, that the new system “is not without Read more…

“Daash” hamper Iraq’s accession to the World Trade Organization

“Daash” hamper Iraq’s accession to the World Trade Organization

17-03-2015 11:15 AM

Developed the continuous attacks of the organization of the Islamic state ‘Daash’, which controls vast areas west and north of Iraq, the Baghdad government in a quandary about to join the World Trade Organization, after nearly seven years of continuous steps to achieve this accession. Iraq is seeking permanent membership in the WTO, rather than an observer member, as is Read more…

Consultant Abadi: high price of the dollar behind beneficiaries took advantage of Article 50 of the Budget

Consultant Abadi: high price of the dollar behind beneficiaries took advantage of Article 50 of the Budget

17/03/2015

BAGHDAD / JD / .. attributed the Prime Minister for Economic Affairs Advisor to the appearance of Mohammed Saleh rise that occurred on the dollar against the Iraqi dinar to the names “with users” took advantage of Article 50 of the General Budget Law.
Said Saleh told / BD /: “The central bank sales of dollars up to $ 75 million instead of $ 300 million a day in accordance with Article 50 of the Budget Law, and Read more…

Iraqi dinar exchange rate against the dollar

Iraqi dinar exchange rate against the dollar

09:41 03/16/2015

US $ 1 = 1,172.3300 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars Read more…

Hadi al-Amiri: Tehran provides weapons unconditionally .. and Washington is not fulfilling its promises

Hadi al-Amiri: Tehran provides weapons unconditionally .. and Washington is not fulfilling its promises

03/15/2015 17:58

Long-Presse / Baghdad
The United States failed to fulfill their promises to help Iraq in the fight against militants, “Daash” Unlike aid “unconditional” that reaches from Iran, “he insisted on saying Hadi al-Amiri, leader of the Badr Organization and its Secretary General and the most important leaders of the popular crowd, criticizing the United States in its role anti-regulation “Daash.”
During an interview with Amiri in the battlefield in Tikrit, where Read more…

Parliamentary Finance: coming days will witness a decline in the dollar exchange rate

Parliamentary Finance: coming days will witness a decline in the dollar exchange rate

Saturday, March 14, 2015 11:07

BAGHDAD / Baghdadi News / … attributed member of the Finance Committee parliamentary deputy Masood Haider, Saturday, stronger US dollar against the Iraqi dinar to the steps taken by the Central Bank of Iraq to stop money laundering and smuggling of foreign currency.
Haider said to the reporter / Baghdadi News / “The steps and decisions taken by the Central Bank of Iraq to stop Read more…