Posts Tagged ‘Dollar’

The central bank introduced a new strategy for the Iraqi dinar to the dollar is equal to

05/29/2012
BAGHDAD / JD / .. Central Bank announced new steps that will raise the value of Iraqi dinar against the dollar. The deputy governor of the Central Bank of the appearance of Mohammed in a statement to the reporter (JD) that the central bank began to implement a new strategic equation will come out even where the Iraqi dinar and the dollar if it is available the appropriate atmosphere. Saleh added that the new strategy will work to increase the capacity of the Iraqi dinar as a step in the way of reform of the financial system in Iraq and stimulate the economy, and then proceed with a project to delete the zeros of the exit equation equal to the Iraqi dinar with the dollar and this requires the Read more…

Member of Finance Committee: The Central Bank puts the instructions and opposers can not preserve the value of national currency

On: Tuesday 05/29/2012 10:38

Baghdad (news) .. Criticized by the Finance Committee MP / National Alliance / Abdul-Hussein al-Yasiri, the monetary policy pursued by the central bank, adding that he puts the instructions and financial rules and the violation of their application. 
Yasiri said (of the Agency news) said on Tuesday: The officials and decision-makers at the central bank tends their emotional style, what makes them “Itnervzon” Once the high value of the dollar against the Iraqi dinar, without resorting to radical solutions or thinking about the development director for any crisis, an emergency occur in the financial Read more…

Central seeks to stabilize the exchange rate to 1189 Iraqi dinars to the dollar

Central seeks to stabilize the exchange rate to 1189 Iraqi dinars to the dollar

26-05-2012 10:00 AM

Said the Iraqi Central Bank said on Saturday that the goal of monetary policy is to maintain and keep the Iraqi dinar exchange rate against the dollar by 1189, indicating the stability of the exchange rate in local markets after the expansion of outlets selling the dollar. 
and approved the Central Bank of Iraq this month, the existence of an imbalance in the Iraqi dinar exchange rate and confirmed his quest to unify the exchange rate between him and the local markets and denied at the same time any deterioration of the value of Iraqi dinar. The central bank was accused last week of four states with ‘conspiracy’ to hit the financial economy of Iraq to Read more…

The central bank can make the dollar equivalent to 1000 Iraqi dinars to the requirement to change its current policy

On: Saturday 26/05/2012 18:50

Paradise economic parliamentary 
Baghdad – the citizen , member of the Committee on the economy and investment MP / block Iraqi white / Aziz Mayahi, the ability of the central bank to make one dollar is equal to (1000) Iraqi dinars, the requirement to change its monetary policy current, and described as «false» and you need to re-examine the . 
said Mayahi the news on Saturday »The Central Bank is able to reduce the value of the U.S. dollar against the Iraqi dinar and make the exchange rate is equivalent to (1000) Iraqi dinars, because of the financial reserve a large estimated at more than (62) billion dollars.» He added: »that the current monetary policy followed by the Central Bank «wrong» and need to be reconsidered, because the continuation of work out will harm the public money, especially in the recent period when it rose the value of the dollar significantly against the Iraqi dinar because of Read more…

Member of the economy: the central bank can make the dollar equivalent of (1000) JD requirement to change its current policy

On: Saturday 26/05/2012 10:34

Baghdad (news) .. According to a member of the Committee of Economy and Investment MP / block Iraqi white / Aziz Mayahi, the ability of the central bank to make one dollar is equal to (1000) Iraqi dinars, the requirement to change its monetary policy current, and described as “wrong” and need to re-examine them. 
said Mayahi (of the Agency news news) on Saturday: The central bank was able to reduce the value of the U.S. dollar against the Iraqi dinar and make the exchange rate is equivalent to (1000) Iraqi dinars, because of the financial reserve a large estimated at more than (62) billion dollars. He added that the Read more…

Central Bank says that he seeks to install the exchange rate to 1189 Iraqi dinars to the dollar

Central Bank says that he seeks to install the exchange rate to 1189 Iraqi dinars to the dollar

26/05/2012 10:56

Baghdad, May 26 (Rn) – The Central Bank of Iraq, Saturday, that the goal of monetary policy is to maintain and keep the Iraqi dinar exchange rate against the dollar by 1189, indicating the stability of the exchange rate in local markets after the expansion of outlets selling the dollar.

Parliamentary Finance Committee: Increase the points of sale of foreign currency value of the dinar patches

Parliamentary Finance Committee: Increase the points of sale of foreign currency value of the dinar patches

Babylonian News / Baghdad
Friday, 25/5/2012
Said the Finance Committee representative that its proposal submitted to the Central Bank of Iraq on increasing the number of agencies responsible for the sale of foreign exchange (banks, Rafidain and Rasheed), which was applied during the last few days, contributed to raise the value of the Iraqi dinar against the U.S. dollar.
and approved the Central Bank of Iraq earlier in the presence of defect in the Iraqi dinar exchange rate, and Read more…

Deleting the zeros depends on the CBI’s control over the dinar exchange rate; Calls for adoption of new monetary policies before implementation

FRIDAY, MAY 25 / MAY 2012

Confirmed to the parliamentary Finance Committee, on Friday, that the implementation of the project to delete the zeros of the Iraqi dinar currency and restructuring depends on the extent of control and control of the Central Bank of the exchange rate of the Iraqi dinar against the dollar, as called for the adoption of new monetary policies before the implementation of the project. Read more…

Increase in Iraqi dinar value is due to central bank’s regulatory procedures, says parliamentary committee

BAGHDAD, May 24 (AKnews) – The Iraqi parliament’s finance committee stated yesterday that applying its proposal submitted to the Central Bank of Iraq (ICB) about increasing the number of agencies responsible for the sale of hard currency has contributed to raising the value of the Iraqi dinar against the US dollar. The presence of Rafidain and Rasheed banks has increased the number of agencies responsible for the sale of hard currency.

Finance committee member Hadi Amin said: “This action contributed to raising the value of the Iraqi dinar against the dollar and the central bank will keep, in its procedures, the stability of this state.” Read more…

Parliament: the smuggling of foreign currency abroad contributed to the reduction of the dinar exchange rate

On: Friday 5/25/2012 3:07

 Baghdad / range 
revealed the decision of the Economic Commission Deputy Mahma Khalil smuggling operation (4) billion dollars to one of Iraq’s neighboring countries through dealer under the pretext of importation of certain goods in the month of April, which led to the increase in the exchange rate of the dollar against the Iraqi dinar. Khalil said, according to ( Agency news) on Wednesday:

There are signs of smuggling (4) billion dollars to one of the countries of the region surrounding Iraq in April last by a person who has promoted transactions and fake pretext that he imported goods containing electronic devices (TVs, computers), noting that the funds came out without receipt of any goods to the country. He added that the hard currency out of the country Read more…

Iraq: the high value of the dinar against the dollar after the regulatory action

Iraq: the high value of the dinar against the dollar after the regulatory action

23/05/2012 16:06

Baghdad, May 23 / ​​May (Rn) – The Finance Committee representative on Wednesday that its proposal submitted to the Central Bank of Iraq on increasing the number of agencies responsible for the sale of hard currency (bank Rafidain and Rasheed) which was applied during the last few days has contributed to raise the value of the Iraqi dinar against the U.S. dollar . and approved the Central Bank of Iraq earlier in the presence of an imbalance in the Iraqi dinar exchange rate and confirmed his quest to unify the exchange rate between him and the Read more…

Financial Expert: consistently low expectations of the Iraqi dinar against the dollar in the coming days

Financial Expert: consistently low expectations of the Iraqi dinar against the dollar in the coming days

On: Tuesday 22/05/2012 11:42

Baghdad (news) .. attributed the financial expert, Hussein Allawi, the star, the low exchange rate of the dollar against Iraqi dinar between (1222-1223) of the policy that I follow the central bank offer (your customer), and the role of the Iraqi media, and expected continued decline in the dollar against the Iraqi dinar. 
said the star (of the Agency news) on Tuesday: The low exchange rate of the dollar against the Iraqi dinar is up to the policy that I follow the central bank introduced (your customer) and the instructions issued by the Bank in determining the roles of the companies participating in the auction. pointed Read more…

Experts (range): the decision of the central bank to raise capital, the banks behind the decline of the stock market

On: Sun 20/05/2012 6:14

 Baghdad / Qais sticks 
The head of the Securities Commission Abdul Razzaq al-Saadi reasons Enkhavd general index of the Iraq market for securities by nature too. 
 said Saadi (range): The reasons for this decline is the result of investors awaited all budget companies and outcome of the election of those companies where it recommends the investor the importance of choosing investment locations Through the control of those companies and study its present and future, stressing that this case healthy and very normal, indicating that this case stand out annually since 1992 and so far, and get decline usually at the end of each year. said Saadi: The second reason is the fluctuation of the value of Iraqi dinar against the dollar, making the Some owners of the funds traded in the money in Read more…

Low exchange rate of the dinar against the dollar .. The market is witnessing a surge in turnout

05/20/2012 3:01
Deputy: five conditions capable of reviving the economy most notably a correct vision
of Baghdad – Haider Filaih spring 
saw the dollar on Saturday, an unexpected drop was accompanied by clear decline in the prices of materials and goods in local markets, and attributed the specialists in the economic reasons for the drop to a kind of balance in supply and demand between the dollar and the Iraqi dinar as the two goods can be purchased and traded with them, but economists said the rising rates of dollar sales in the auction currency held by the central bank was behind the low exchange rate of foreign currency (dollar) against the Iraqi dinar, where the dollar fell to $ 123 thousand dinars for every 100 dollars, after rising in recent weeks to reach about 130 thousand Iraqi dinars…. Read more…

Economic Commission: front companies for the low Saraf of the Iraqi dinar against the dollar

Saturday, May 19, 2012 15:29

BAGHDAD / Baghdadiya News / .. warned the parliamentary Economic Committee, on Saturday, the continuing decline of the Iraqi dinar exchange rate against the dollar, is likely the cause of the decline to the existence of companies regardless bills are fake.

Value of the dinar is declining because of the sanctions on Iran and Syria .. The Iraqis do not trust him

On: Saturday 19/05/2012 7:37

 Baghdad / Mustafa Habib  
 in a corner on a neighborhood sidewalks Arasat upscale central Baghdad Sadoun Khudair sitting behind Basta small buys and sells U.S. dollars. This Serafi not simple considering the economy and its laws, but he asserts that “the Iraqi dinar is in danger.” Adds Saadoun while wrapped package of thick rubber thread, paper currency, “my career flourished a little these days,” adding that “for the first time in years, Iraqis are increasingly accepted to convert their currency to the local dollar.”

According to the experts may not have heard from the young man Saadoun, the Iraqi dinar is exposed for a few months due to the crisis of political reasons, and other related international sanctions imposed on Iraq’s neighbors, Syria and Iran. During the past few weeks the price of the Iraqi dinar exchange in the domestic market against the U.S. dollar from less than 1200 dinars to 1280, and arrived at certain times to 1300, which means that the Iraqi dinar fell by about Read more…

CBI accused banks of “fraud” on the percentage of the sale of hard currency earnings

CBI accused banks of “fraud” on the percentage of the sale of hard currency earnings

17/05/2012 09:55

Baghdad, May 17 / May (Rn) – accused the Central Bank of Iraq on Thursday, banks, except for Rasheed Bank to “circumvent” the rate of profit to sell hard currency specified by the Bank, indicating that those banks turned to the buyer and seller final instead of being a mediator between the central bank and the buyer of foreign currency. acknowledged the Iraqi Central Bank last Friday, the existence of an imbalance in the Iraqi dinar exchange rate and confirmed his quest to unify the exchange rate between him and the local markets and denied at the same time any deterioration of the value of Iraqi dinar. The central bank was accused last week of four states to “conspiracy “to Read more…

CBI: Exchange rate should stabilize in about 4 months

CBI: the return of the dollar exchange rate to 120 during the day

The central bank said that the exchange rate of the Iraqi dinar against the dollar will return to normal by about the former “120-121″ in a few days, criticizing the lack of government control over the attack, which targeted the regional Iraqi market.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh, said that “the Bank is dominated by heavily on the problem of the high exchange rate of the Iraqi dinar, which is temporary and caused by the attack on the Iraqi market of some regional countries as a result the surrounding circumstances as well as trade openness-free controls sober.” Read more…

Deputy Governor of Central Bank: the dinar will not recover until after the leak check of the hard currency outside

On: Wednesday 05/16/2012 12:32

Baghdad (news) .. Ruled out the deputy governor of the Central Bank of the appearance of Mohammed Saleh, the return of Iraqi dinar to normal, due to increased demand on the dollar, noting that the average central bank sales of foreign currency amounted to (200) million and the volume of demand to buy an estimated half a billion dollars. 
Saleh added ( Agency news) on Wednesday: The demand to buy the dollar from an auction the central bank is increasing every day without knowing why, the volume of demand for dollar estimated half a billion dollars and the average sales of the central (200) million, which will make the Iraqi dinar is unable to Read more…

Economic committee denies any GOI intervention other than its request to postpone deletion of zeros

Economic Parliamentary exclude the existence of government intervention policy of “central” patient request “delete the zeros”

BAGHDAD / Baghdadiya News / .. Parliamentary Economic Commission ruled that there is political interference policy of the Central Bank of Iraq and beyond Government’s request to wait to delete the zeros in the project, considering it a requirement of the requirements phase through which the economic reality in Iraq.

A member of the Economic Commission Mahma Khalil L / Baghdadiya News / “ruled out that there is government intervention in the policy of Central Bank of Iraq after its demand to slow down in the project to delete the zeros as much as to be a requirement of the requirements phase through which the economic reality in Iraq,” in particular there is a “higher large exchange rate of the dollar against the Iraqi dinar. “ Read more…