Posts Tagged ‘Dollar’

Procedures to maintain the value of the Iraqi dinar

Procedures to maintain the value of the Iraqi dinar

05/13/2013 12:00 AM

BAGHDAD – Alaa al-Tai
proceeded CBI measures Links to reduce the fluctuation of the currency, and the province of the Iraqi dinar on its value against the dollar. coincides these measures with the reassurance of the Finance Committee parliamentary citizens about Iraq’s possession of up cash great deal of hard currency Ihsnh from any repercussions of a surprise.
The chairman of the Finance Committee parliamentary Haider al-Abadi told the “Center Brief for the Iraqi Media Network,” on Sunday, the status of Read more…

Currency auction sales in Central exceed $ 196 million at today’s meeting

Currency auction sales in Central exceed $ 196 million at today’s meeting

Sunday, May 12, 2013 15:55

Baghdad / Baghdadi news / .. exceeded the value of auction sales sell the currency at the Central Bank of Iraq, on Sunday, the $ 196 million, with the participation of 25 banks.
The governor of the central bank and agency Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the sales value of the currency auction at the Central Bank amounted to” 196 “million and” 704 “thousand dollars,” explaining that “the number of participating banks in Read more…

House of Representatives confirms the central support measures in controlling the exchange rate of the dollar

House of Representatives confirms the central support measures in controlling the exchange rate of the dollar

Sunday, May 12, 2013 15:48

Baghdad / Baghdadi news / .. announced the Presidency of the Council of Representatives, on Sunday, its full support for the central bank to scrutinize the work of private banks and archiving of information within the bank and reform measures that include adjust the exchange rate of the dollar.
According to a statement moved the Information Office of the Council and received / Baghdadi News / copy of it, that the Presidency headed by Najafi and his two deputies during a meeting with Iraqi Central Bank Governor Abdul Basit Turki agency confirmed its full Read more…

Continued rise in the U.S. dollar exchange rate plaguing traders and succeed economically crippling

Continued rise in the U.S. dollar exchange rate plaguing traders and succeed economically crippling recession market movement

12/05/2013 (23:01 pm)

 Baghdad / tributary cactus and Adel al-Saffar

Experienced local markets recently recession coincided with a continuing rise in the dollar exchange rate, and by the owners of shops dissatisfaction about currency fluctuations, stressing that this volatility cast a shadow on the smooth flow of work in the market.
says Salman Alaidana owner of banking to the extent, “The volatility of the exchange rate Iraqi dinar against other currencies has made ​​smooth market non-existent, where is the citizen and merchant apprehensive about buying Read more…

Parliament, CBI, discuss issuance of decisions to maintain Iraq’s funds

Parliament, CBI, discuss issuance of decisions to maintain Iraq’s funds

Sunday, 12 May 2013 19:18 | | |

Baghdad (AIN) -The Iraqi parliament chairmanship discussed with head of the Financial Supervision Council FSC, and acting governor of Central Bank of Iraq, Abdul Basit Turki, the issuance of the decisions which help protect Iraq’s moneys for the next year and addressing the country’s debts.

A statement by the Media Office of the Parliament cited “The parliament chairmanship headed by the Speaker Osama al-Nijaifi and his two Deputies met on Sunday, with head of the FSC and CBI’s acting governor.”

“The parliament chairmanship stressed its full support to the procedures of Read more…

Financial expert: Proposed distribution of salaries of employees in hard currency would hurt the country’s economy

Financial expert: Proposed distribution of salaries of employees in hard currency would hurt the country’s economy

11-05-2013 12:40 PM

Baghdad (news) .. Warned an expert in financial matters on behalf of Hadi al-Tamimi, the application of the proposal of the Finance Committee representative to distribute the salaries of employees in hard currency rather than the Iraqi dinar, because it would harm the national economy does not help to raise the exchange rate of the Iraqi dinar against the dollar. said Tamimi (of the Agency news): The proposal made ​​by the one of the members of the Finance Committee to distribute salaries of state employees in dollars, would hurt the country in terms of its impact on the size of the Central Reserve of hard currency, and the failure of the owners of money and traders from getting on the dollar for the purpose of import. added: The Read more…

A parliamentary proposal to “end the exploitation of private banks”

A parliamentary proposal to “end the exploitation of private banks”

FRIDAY, MAY 10 / MAY 2013 08:18

Twilight News / ft is a member of the Finance Committee proposal to the committee spends agreement with the Central Bank and Ministry of Finance on the distribution of salaries of all state employees in hard currency (dollar) for one month to end the “exploitation” of private banks and banking companies to citizens.

A member of the Finance Committee Secretary Hadi’s “Twilight News”, “proposed to the Finance Committee to hold the distribution of salaries of all Iraqi staff in dollars rather than the Iraqi dinar, the official Read more…

Poor financial management and banking reason for the continued increase in the exchange rate of the Iraqi dinar

Finance Committee: poor financial management and banking reason for the continued increase in the exchange rate of the Iraqi dinar against the dollar

10-05-2013 11:03 AM

Baghdad (news) .. Refer Vice President of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, the reasons for non-low exchange rate of the dollar against the Iraqi dinar to mismanagement of fiscal and monetary followed in the country. said Faizullah (of the Agency news): The management of the central bank lagged much in Multi maintain the exchange rate of the Iraqi dinar against foreign currency, and left the Iraqi money is Read more…

Central bank sales of dollar decline in auction Wednesday

Central bank sales of dollar decline in auction Wednesday

By khabaar khaba since 5 hours 4 minutes 08/05/2013

Brother – Baghdad
Decreased sales of the Iraqi Central Bank of the dollar in the auction for the sale and purchase of foreign currency on Wednesday to 140 million and 336 thousand dollars, after yesterday reached 158 million and 335, a stable exchange rate was 1166 dinars per dollar.
She said daily bulletin issued by the Central Bank that the demand for the dollar Read more…

International Study: Iraqis do not perceiving improvement in their situation. .does not mean high purchasing power

International Study: Iraqis do not perceiving improvement in their situation. . The salary increase does not mean high purchasing power

05/08/2013 (23:01 pm)

 translation term

Associated with development in Iraq, historically its ability to sell oil and production at the world’s oil, but measures to achieve economic growth related to oil may mask some of the economic hardships faced by ordinary Iraqis.
In 1980, after he led the oil crisis in the mid-seventies of the last century to the rise in oil prices, The per capita GDP in Iraq is higher than any other country in the region (with the exception of Israel and the Gulf states) where it reached Read more…

Central sales drop to 158 million and 335 thousand dollars at auction sale

Central sales drop to 158 million and 335 thousand dollars at auction sale

Tuesday, May 7, 2013 15:37

Baghdad / Baghdadi news / .. Decreased sales of the Iraqi Central Bank of the dollar in the auction for the sale and purchase of foreign currency, Tuesday, to $ 158 million and 335 thousand dollars after it reached yesterday, 204 million and 988 thousand dollars a stable exchange rate was 1166 dinars per dollar. ”
The governor of the central bank and agency Abdul Basit Turki said in a statement received / Baghdadi News / copy of Read more…

The central auction sales in excess of $ 200 million at today’s meeting

The central auction sales in excess of $ 200 million at today’s meeting

Monday, May 6, 2013 18:13

Baghdad / Baghdadi news / .. auction sales exceeded sell the currency at the central bank, on Monday, the “200” million.
He said the province of the central bank and agency Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the sales value of the currency auction at the Central Bank reached during today’s session,” 204 “million” 988 “thousand dollars,” explaining that “the number of banks Read more…

The central auction sales rise beyond the “195” million dollars at today’s meeting

The central auction sales rise beyond the “195” million dollars at today’s meeting

Sunday, May 5, 2013 17:08

Baghdad / Baghdadi news / .. scored auction sale currency at the central bank, on Sunday, increased the value of sales to exceed the “195” million.
The governor of the central bank and agency Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the value of sales of central bank auction at today’s meeting amounted to” 195 “million” 381 “thousand Read more…

Central sales continue to fall for the second day in a row

Central sales continue to fall for the second day in a row

Thursday, May 2, 2013 16:14

Baghdad / Baghdadi news / .. continued to sell the currency auction at the Central Bank, on Thursday, the low value of sales for the second day in a row.
He said the province of the central bank and agency Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the sales value of the currency auction reached at today’s meeting” 146 “million” 985 “thousand dollars,” explaining that Read more…

The central auction sales fall to 150 million at today’s meeting

The central auction sales fall to 150 million at today’s meeting

Tuesday, April 30, 2013 15:18

Baghdad / Baghdadi news / .. scored auction sale currency at the central bank, on Tuesday, a decline in the value of sales, compared to sales yesterday.
The bank governor said Abdul Basit Turki said in a statement taken by his press office received / Baghdadi news / “The central bank auction sales reached in today’s Geslh” 150 “million” 642 “thousand dollars, with the participation of 27 banks.”
He added that “the value of the quantity sold in cash from the dollar amounted Read more…

Specialists: Inventory sell the currency on the one hand indicates the presence of myopia in the management of fiscal policy

Specialists: Inventory sell the currency on the one hand indicates the presence of myopia in the management of fiscal policy

04/29/2013 (23:01 pm)

BAGHDAD / tributary cactus

See specialists in financial affairs that the sale of hard currency from the Rasheed Bank only has scientific basis and indicate nearsightedness, noting that it does not contribute to the reduction of currency smuggling but lead to higher exchange rate
The economist said contrary goldsmith that inventory sell the currency in one bank is not the action proper through which keeps the currency at all, The subject of control of the smuggling of funds not
be an inventory of dollar selling third party and one returned those Read more…

Arrested a gang rigged 3 billion Iraqi dinars

Arrested a gang rigged 3 billion Iraqi dinars

04/29/2013

BAGHDAD / JD / .. Interior Ministry revealed the arrest of a gang in possession of 12 million dinars forged, asserting that gang recognized بتزويرها of the 3 billion dinars.
A spokesman for the Interior Ministry Brigadier Saad Maan told / JD /: I managed to force the security of the Ministry of Interior to arrest gang competent counterfeiting currency after receiving information pointed to the place of Read more…

Banker: any disregard for the challenges of the project will fail and cause big losses

Banker: any disregard for the challenges of the project will fail and cause big losses

29/04/2013 12:53 AM

Divergence of views on the project to delete the zeros
of Baghdad – Ann Salah
central problems and the fluctuation of currency exchange rates and efforts to raise the value of the Iraqi dinar stand again placed the deletion of zeros from the Iraqi dinar and characterized by differing views around between the Finance Committee representative on the one hand and the Central Bank on the other, the former demanding the implementation of the project in the second calls for lingered despite the fact that the previous administration have been Read more…

The central bank sales in excess of “165” million dollars at today’s meeting

The central bank sales in excess of “165” million dollars at today’s meeting

Sunday, April 28th 2013 3:59 p.m.

Baghdad / Baghdadi news / .. auction sales exceeded the Iraqi Central Bank of the coin, on Sunday, the “165” million, while the auction Geslh record participation of 25 banks.
He said Mahfezh Central Bank Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the sales value of the currency auction at today’s meeting amounted to” 169 “million” 282 “thousand dollars,” noting Read more…

Specialists suggest the adoption of a law regulating the currency conversion

Specialists suggest the adoption of a law regulating the currency conversion

04/28/2013 12:00 AM

After fluctuating exchange rate of the dollar
BAGHDAD – Hussein ثغب Tamimi
witnessing the Iraqi market volatility evident in the exchange rate of the dollar against the Iraqi dinar is to climb in favor of the dollar as the price ranges cashed between 127-128 dinars. comes this volatility, despite the many actions taken by the central bank in order to exchange rate stability by expanding distribution outlets and the inclusion of all citizens in the dollar to get through a specific mechanism.
Some economists attribute the cause to the absence of a law regulating the Read more…