Posts Tagged ‘Iraqi dinar currency’

Member Finance prosecutors rule out resorting to currency printed internally

Member Finance prosecutors rule out resorting to currency printed internally and prepared by the “collapse of the economy.”

Date: 01/10/2016 11:47

Information / special / ..

Ruled out the parliamentary Finance Committee member Ahmed Sarhan, Sunday, resorting to monetary currency printed inside Iraq, returned it if happened, “a collapse of the Iraqi economy.”

Ahmed said in a statement to Agence / information / “The reports that indicated a desire to print internally currency is Read more…

Print new currency one of the options that the government would resort to it to face bankruptcy

Print new currency one of the options that the government would resort to it to face bankruptcy

10/27/2015

BAGHDAD / JD / .. ruled out a number of experts and specialists in the financial and economic affairs the country’s vulnerability to financial bankruptcy in the event of continued decline in oil prices, noting that Iraq has a large cash reserve and coming to the big his business cards production and export of crude oil increases, while underlining that in the event the country’s vulnerability to bankruptcy government will resort to several options, including Read more…

Iraqi Dinar Guru opinions 10-7-15

Iraqi Dinar Guru opinions 10-7-15

10-7-2015 Newshound Guru wmawhite Article quote: “Iraq in front of a secure investment climate after the approval of amendment of the Investment Law…” This is the GOI approving an important amendment…this law has many facets to it…it is tied into the AML [Anti Money Laundering]. Quote: “The country is heading for a secure investment climate to facilitate the work of investors and provide all potential logistical and security to them, especially after the adoption of the investment law in the near future.” Iraq already has very good indications of what type of investment is waiting on the doorstep once these laws are in place. …these articles show us that outside countries are guiding Iraq through this process and because of this, the GOI, Parliament, the ISX, etc. know what type of investment is coming. […did they approve the Investment Law itself, or just an amendment?] Based upon the article…the GOI is very excited about the latest amendment to the Investment Laws which appears to be headed for a vote within the week. Read more…

Mohammed Allawi: Iraq’s economy threatened to collapse under the current monetary policy

Mohammed Allawi: Iraq’s economy threatened to collapse under the current monetary policy

Date: 09/19/2015 16:43

Information / BAGHDAD / ..
said former Minister of Communications Mohammed Tawfiq Allawi, on Saturday, the impossibility of the return of oil prices to previous levels, and was charged with those responsible for the economic file to make decisions will make the country’s economy collapses, he explained that the coming year will see a significant reduction in the cash reserve.
Allawi said In a statement the agency Read more…

Iraqi Dinar Guru opinions 9-18-15

Iraqi Dinar Guru opinions 9-18-15

9-18-2015 Intel/Newshound Guru tman23 Regarding Investment Law…Investment law is composed of three legal sources: international law (especially investment treaties), investment contracts between investors and states, and domestic law. At the international level, the main legal instruments relating to investment are investment treaties. These primarily aim at protecting the foreign investor in the host state. The reason for the Iraq Bonds not yet being released for international sales yet… The Investment Law! BUT…Gurus will say it is because they need a (RV) rate… WHICH IS NOT SO! Read more…

Central is preparing to launch bonds in local currency and asserts: We have a surplus of foreign currency

Central is preparing to launch bonds in local currency and asserts: We have a surplus of foreign currency

2015/08/26 18:37

Long-Presse / Baghdad
An informed source at the Central Bank of Iraq, on Wednesday, for the last willing to put up bonds for sale in the local currency, while pointing to a surplus of foreign currency in the country.
The source said in an interview with the (long-Presse), that “Iraq needs funds in local currency and not in hard currency, so the central bank is preparing to launch bonds in local currency for sale in order to strengthen the local currency.”
The source, who asked not to be named, said “bonds Read more…

Hakim calls for the central bank to the new paper currency image for the upper threshold of the Holy included

Hakim calls for the central bank to the new paper currency image for the upper threshold of the Holy included

Wednesday 26 August 2015 – 02:22

New MP Dr Abdul Hadi al-Hakim, his call for the need to cross the Iraqi currency which the central bank purports released the identity of the country and the originality and depth of civilization, revealing at the same time the most purity and privacy and humane in his past authentic and present pension features. The MP-Hakim told N. news reporting on the need to The new currency include a picture of the Dome of the shrine of the faithful peace be upon him on the Read more…

Central Bank: the average daily dollar sales for the year totaled $ 110 million

Central Bank: the average daily dollar sales for the year totaled $ 110 million

04/08/2015 07:57 GMT

Follow-up – and babysit – the central bank, announced that average daily dollar sales for the year totaled $ 110 million, stressing that its reserves of foreign currency cover for more than one and half times the size of the Iraqi currency, while noting that some of the statements inaccurate detrimental to the Iraqi economy.
The bank said in a statement received news agency public opinion (and babysit), a copy of it, on Tuesday, that “the average daily dollar Read more…

Parliamentary Finance confirm the presence of a large financial reserve of the Iraqi State

Parliamentary Finance confirm the presence of a large financial reserve of the Iraqi State

04/08/2015 14:38 GMT

Follow-up – and babysit – Parliamentary Finance Committee confirmed, Tuesday, that Iraq has a large financial reserve of hard currency to support the Iraqi currency, and raise its exchange rate, as pointed out that the government took over the state treasury empty of the previous government.
The committee member said Masood Haider that “Iraq has a great Astrteja a financial reserve of hard currency to support the Iraqi currency, and raise its exchange rate”, but he also said, Read more…

Adviser Abadi: we import 70 tons of gold per year and decline proves the strength of the dinar

Adviser Abadi: we import 70 tons of gold per year and decline proves the strength of the dinar

27/07/2015 08:59 GMT

BAGHDAD – and babysit – Economic Adviser to the Prime Minister stressed the appearance of Mohammed Saleh, in an interview, Monday, that Iraq imports annually about 70 tons of gold, while pointing out that the decline in gold shows the strength of the Iraqi dinar.
Saleh said, “The large amounts of gold per year intervention in Iraq, ranging between 60-70 tons,” adding that “the abundance of gold with the power of the Iraqi dinar led to lower prices in Read more…

Iraqi Dinar/US Dollar auction results 7-14-2015

Iraqi Dinar/US Dollar auction results 7-14-2015

Currency Auction Results Announcement No. (2996)

The amounts deposited on 7 / 6 and payable on 7 / 13

Opening Offers sale and purchase of foreign currency daily window nine hundred and ninety six two thousand in the Iraqi Central Bank on Tuesday for a brief summary 14.07.2015 and the results were as follows: Read more…

Parliamentary Finance: the issuance of a new currency will revive the Iraqi economy

Parliamentary Finance: the issuance of a new currency will revive the Iraqi economy

07/12/2015 07:31

Parliamentary Finance Committee endorsed the issuance of a new currency of high denominations, pointing out that this process will contribute to the revitalization of the Iraqi economy and reduce dependence on foreign currency, while stressed economist, said the central bank introduced a new currency a Saeb very help in raising the efficiency of the payments system and shorten the amount of exchange-traded . Finance Committee member Jabbar Abdul Khaliq said, a statement singled out the “morning”, that “the issuance of currency large category will reduce dependence on hard currencies Read more…

Parliamentary Finance: the issuance of a new currency will revive the Iraqi economy

Parliamentary Finance: the issuance of a new currency will revive the Iraqi economy

7/12/2015 0:00

BAGHDAD – morning
parliamentary Finance Committee endorsed the issuance of currency new high categories, pointing out that this process will contribute to the revitalization of the Iraqi economy and reduce dependence on foreign currency, while stressed economist, said the central bank introduced a currency new procedure Saeb very help in raising the efficiency of the payments system and shortcut the amount of cash in circulation.
member of the Finance Committee Jabbar Abdul Khaliq said, a statement singled out the “morning”, that “the issuance of currency large category Read more…

The dollar and other currencies prices 7-6-15

The dollar and other currencies prices 7-6-15

09:06: 07/06/2015

Khandan – recorded US dollar and other foreign currencies prices on Monday (the sixth of July) in the banking markets of the province of Kurdistan, prices listed below: – Exchange of US $ 100 price of 124 500 Iraqi dinars exchange Read more…

Iraqi Dinar/US Dollar auction results 7-2-15

Iraqi Dinar/US Dollar auction results 7-2-15

Currency Auction Results Announcement No. (2987)

Offers were opened daily buying and selling of foreign currency window seven and nine hundred and eighty two thousand in the Iraqi Central Bank on Thursday to brief summary of 02.07.2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 7-1-2015

Iraqi Dinar/US Dollar auction results 7-1-2015

Currency Auction Results Announcement No. (2986)

Opening Offers sale and purchase of foreign currency daily window nine hundred and eighty-six two thousand in the Iraqi Central Bank on Wednesday to brief summary 07.01.2015 and the results were as follows: Read more…

Iraqi Dinar/US Dollar auction results 6-30-15

Iraqi Dinar/US Dollar auction results 6-30-15

Currency Auction Results Announcement No. (2985)

Opening Offers sale and purchase of foreign currency daily nine hundred and eighty-five window after two thousand in the Iraqi Central Bank on Tuesday to brief summary of 30.06.2015 and the results were as follows: Read more…

The Central bank: the project to delete the zeros will be applied beginning of the year 2017

The Central bank: the project to delete the zeros will be applied beginning of the year 2017

25/06/2015 16:05

Tomorrow Press / BAGHDAD: The governor of the Iraqi Central Bank, on Thursday, that the project to delete the zeros will be implemented in early 2017, indicating that the Bank embarked on the development of the first steps of the project. Keywords and said for “tomorrow Press”, “The goal of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency “, he returned him as” that strategic project will serve the country’s economy. ” He added that “the Bank is working on the Read more…

Keywords: dollar reserves enables us to issue large sections of the local currency

Keywords: dollar reserves enables us to issue large sections of the local currency

Wednesday 24 June 2015 12:47

Qurtas News / Baghdad

Between the Governor of the Central Bank of Iraq on the Keywords , Wednesday, that Iraq’s reserves of foreign and local currency enable Iraq to issue new coins and large categories, indicating that the fifty thousand circulation category possible early next year.

Keywords and said for “Qurtas News” that “the central bank’s dollar reserves currently stands at $ 68 billion which is covered three Read more…

Deputy: the deletion of zeros from the currency and a national project

Deputy: the deletion of zeros from the currency and a national project

23/06/2015 08:39 GMT

Follow-up – and babysit – counting Director General Release and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.
“The Yasiri, in a press statement, that” the central bank began to develop the study of new designs for the currency after Read more…