Posts Tagged ‘Dollar’

Central bank: 288 billion dollars sales volume of currency auctions since 2003 until now

Central bank: 288 billion dollars sales volume of currency auctions since 2003 until now

05.03.2014 (0:01 pm)

 Baghdad / Acer Jabbar

Revealed the special bulletins Iraq’s central bank, issued most recently this week, the bank sold more than 228 billion dollars since the start of sessions currency auction in 2003, and so far, showed releases that the commissions earned by the bank of those sales ranged between 3 dinars per dollar, and 24 dinars .
shows and special bulletins containing the bank details of the currency auction, and seen by the (long-Presse), “The auction sales since its first session, in (the fourth of October 2003), and even today, more than Read more…

Iraq is moving toward bankruptcy and expectations of the withdrawal of oil companies

Iraq is moving toward bankruptcy and expectations of the withdrawal of oil companies

05/03/2014

BAGHDAD / JD / .. criticized a number of deputies and experts in economic affairs policy of the State Finance in the distribution of federal revenue in the general budget, which some have described as “blundering”, despite the increase in fiscal revenue for the country, but the distribution process focused on consumer sectors such as security and energy with Monitoring money for a few productive sectors and investment projects, and showed their fear of exposure to the Read more…

Iraqi Dinar/Dollar auction results 3-4-2014

Iraqi Dinar/Dollar auction results 3-4-2014

Currency auction results Announcement No. (2616)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and sixteen after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 04.03.2014 and the results were as follows: Read more…

Iraqi Dinar/Dollar auction results 3-3-2014

Iraqi Dinar/Dollar auction results 3-3-2014

Currency auction results Announcement No. (2615)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and fifteen after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Monday for the day on 03.03.2014 and the results were as follows: Read more…

World Bank lends 355 million dollars to Iraq

World Bank lends 355 million dollars to Iraq

Mon, March 3, 2014 18:30

BAGHDAD / translation Baghdadi News / .. Iraq signed with the World Bank signed an agreement on a loan of 355 million dollars to develop the dry canal project and finance the construction of the road network of domestic and international presence of the Minister of Finance Agency purity of net debt and the Minister of Construction and Housing Mohammad Darraji and World Bank representative Fred bin Haj and a group of Commission services and reconstruction in Iraq’s parliament, according to Read more…

Iraqi Dinar/Dollar auction results 3-2-2014

Iraqi Dinar/Dollar auction results 3-2-2014

Currency auction results Announcement No. (2614)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and fourteen two thousand to buy and sell foreign currency at the Central Bank of Iraq on Sunday, the day on 03.02.2014 and the results were as follows: Read more…

“Gangs of dollar” in Iraqi banks

“Gangs of dollar” in Iraqi banks

Posted 02/03/2014 08:06 AM

Adnan Hussein
The statement issued by the Association of Iraqi Chirvien three days ago, did not tell the whole truth, but half of it. The other half has surpassed the statement, perhaps pushed evil assumed or to ward off trouble unexpected.
Assembly said that “the decision of the Central Bank of inventory distribution outlets of foreign currency in general, and the dollar in particular, banks own, incompatible with the principle of the free market, and lead to a monopoly of foreign currency, and disrupts Read more…

Laibi: Iraq will be released next year about 6 million barrels per day

Laibi: Iraq will be released next year about 6 million barrels per day

Saturday, March 1st, 2014 17:57

Basra / Baghdadi News / .. Oil Minister Abdul Karim and coffee, on Saturday that his ministry is working to raise oil exports to 6 million barrels per day in order to reach its revenue in the budget next year about $ 200 billion.
The coffee while attending the opening ceremony of the two improve gasoline and refining in refineries Shuaiba, Basra attended / Baghdadi News /, that “departments and oil ministry is working hard and perseverance in Read more…

Economic Commission expects rise in the dollar due to delay budget

Economic Commission expects rise in the dollar due to delay budget

03/01/2014

BAGHDAD / JD /. Economic Commission predicted high sale price of the dollar, due to the delay in approving the budget, while suggesting that the long delay will lead to disruption of the pay of retirees, and install the grades
A member of the Economic Commission MP Albjara told Nora / JD / that the issue of the budget has become a political issue more than it is the subject of state-building economic cares, expressing the regret of the government to pursue the introduction of Read more…

A parliamentary committee warns of salary cuts and the withdrawal of Central Bank reserves

A parliamentary committee warns of salary cuts and the withdrawal of Central Bank reserves

02/28/2014

BAGHDAD / Firas Majid

Confirmed the parliamentary Economic Committee that the federal government will resort to a package of measures to meet the fiscal deficit in the state budget, the most important of the withdrawal of central bank reserves and the capital of the Rafidain and Rasheed put stocks and government bonds for sale.

And warned committee member Rep. Nora Albjara of the Iraqi government of Prime Minister Nuri al-Maliki has taken a number of measures to plug Read more…

Iraqi diplomat: Washington refuses to reset the dinar and its biggest loser

Iraqi diplomat: Washington refuses to reset the dinar and its biggest loser

Posted, 2/27/2014

Baghdad, Washington / Orr News

Revealed an Iraqi diplomat in Washington that the U.S. administration strongly rejects Iraq’s decision Ptsfir currency, or stop the daily auction of foreign currency, which is organized by the CBI.

The Iraqi diplomat said that “the United States is the primary beneficiary of the auction currency in Iraq, and the survival of the purchasing power of the Iraqi dinar is weak, compared to the price of Read more…

Iraqi Dinar/Dollar auction results 2-27-2014

Iraqi Dinar/Dollar auction results 2-27-2014

Currency auction results Announcement No. (2612)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and twelve two thousand to buy and sell foreign currency at the Central Bank of Iraq for the day on Thursday 02/27/2014 The results were as follows: Read more…

Studies Center: Savels Iraq in 2017 and the war in Anbar cost seven million dollars a day

Studies Center: Savels Iraq in 2017 and the war in Anbar cost seven million dollars a day

27/2/2014 11:09

{Baghdad: Euphrates News} warned the International Center for Development Studies British, from the bankruptcy of Iraq over the next three years because of the budget deficit, which now threatens the Iraqi oil sector clearly, pointing out that the military operations in Anbar cost Iraq seven million dollars a day, indicating that companies Oil giant has become unable to cope with the volatile environment of the Iraqi economy, which threatens withdrawal from it.

The center, located in London, the report has seen him and Euphrates News Agency {} on Thursday that “go beyond the budget deficit to amount {50} billion dollars, Iraq would be at risk of bankruptcy in 2017, and will be Read more…

Inventory sell the dollar sinks incompatible with the principle of the free market

Association Chirvien: Inventory sell the dollar sinks incompatible with the principle of the free market

27.02.2014 (0:01 pm)

 Baghdad / term

Society said Chirvien Iraqis that the central bank’s decision to limit distribution outlets of foreign currency and the dollar in particular banks own conflicts with the principle of the free market, and lead to a monopoly of hard currency, and disables the movement of goods in the country, and appealed to the Assembly, the central bank to reconsider Read more…

Oil is committed to “overcome difficulties” after an interview with the oil giants

Oil is committed to “overcome difficulties” after an interview with the oil giants for an uncertain future for their investment

02.26.2014 (0:01 pm)

Baghdad / term

Reassured the Oil Ministry, oil companies operating in the country to facilitate the tasks of work and eliminate the obstacles experienced by these companies in government departments and ministries concerned, after receiving numerous complaints from the sufferings of large companies to work inside the country.
The British newspaper specialized world’s economic affairs may be considered the first of yesterday, that the future of the company British Read more…

Maliki buys ammunition for the weapons of the U.S. from Iran

Maliki buys ammunition for the weapons of the U.S. from Iran

Posted 25/02/2014 06:04 AM

Washington – “arenas of Liberation”
The contracts include eight signed by the Iraqi Ministry of Defense, which handled directly by Prime Minister Nuri al-Maliki with Iran, revealed by “Reuters” buy ammunition for rifles previously bought from America.

The deal includes the following .. Read more…

Experts: Delete the zeros from the Iraqi dinar increases its strength against the dollar

Experts: Delete the zeros from the Iraqi dinar increases its strength against the dollar and easy to draw a price policy

02.22.2014 (0:01 pm)

BAGHDAD / Nihad Kazim

He said experts and specialists in regard the country’s financial The implementation of the project to delete the zeros from the Iraqi dinar will increase the strength against the U.S. dollar, in addition to facilitating the drawing political price in the country, as demanded a parliamentary committee by clicking on the government, “which disrupted the project” to force it to be implemented through texts Constitutional which allows the printing of a new currency, pointing out that the country’s exit from Chapter VII, and to achieve the Read more…

Purchasing power was not affected by the absence of a difference at the exchange rate dollar

Parliamentary economy: purchasing power was not affected by the absence of a difference at the exchange rate dollar

Friday, February 22, 2014 10:46

[Baghdad – where]

A member of the parliamentary Economic Committee, Qusay al-Abadi said that “the purchasing power of the Iraqi individuals not affected during the year 2014 to the current lack of teams at the exchange rate of the dollar against the Iraqi dinar.”

He added Abadi told all of Iraq [where] he “does not have a negative impact on a per capita purchasing power and because it does not have the price of Read more…

Fears of economic collapse in the event of failure to pass the budget

Fears of economic collapse in the event of failure to pass the budget

2/22/2014 0:25

The continuing debate on the dispute of oil between Baghdad and Erbil,
Baghdad – Erbil – morning – Shaima Rashid
still differences between Baghdad and Erbil on the issue of export of oil province axis controversy the most prominent in the political arena, especially with the thread it up the general budget of the country that are waiting approval by the House of Representatives.
There are conflicting reports on the arrival of the two governments to Read more…

Foundation “Business Insider” classified Iraq Cassapa country in the world oil

Foundation “Business Insider” classified Iraq Cassapa country in the world oil Balahtiat

21-02-2014 10:51 AM

Baghdad (news) .. Class Iraq Cassapa country in the world has reserves of oil according to the classification Foundation (Business Insider) Global economic sector, which issued a list of States which has the largest reserves of energy sources produced from fossil fuels (oil, gas and coal). was according to a study institution to calculate the total value of the reserves in accordance with the prices of the current world, and Russia was ranked first in the list, which included 18 countries, with the arrival of the total value of their reserves of energy sources to about 40.7 trillion dollars, followed by Iran in second place reserves, worth about Read more…