Posts Tagged ‘Iraqi Dinar’

The corruption of the currency auction in Iraq

The corruption of the currency auction in Iraq

March 10, 2016

The economic challenges faced by the current Iraqi government may be harshest in the history of modern Iraq; The economy is a rentier and depends entirely on oil revenues, which account for 90% of its imports, and as a result of the crisis of oil prices, the Iraqi economy has received numerous tremors internally and externally, most recently is the reduction of its ratings to credit “negative” by vBulletin® the global agency “Fitch”.
The : other part of the crisis is Read more…

Day 15/3 .. Central Bank raises (national bond) interest rate of 6% per annum

Day 15/3 .. Central Bank raises (national bond) interest rate of 6% per annum

03/10/2016

BAGHDAD / JD / .. Central Bank announced the launch of national bonds for sale in the middle of this month, while noting that these bonds are payable after two years an annual interest rate of 6%.
A statement said the bank had received / JD / copy of it: that the bank will launch national bonds (nominal) on Read more…

Iraqi Dinar Guru opinions 3-9-16

Iraqi Dinar Guru opinions 3-9-16

3-9-2016 Newshound Guru Millionday Article quote: “…Speaking Governor of the Central Bank on the Keywords During his speech at the Forum…said that the banking sector an important role in supporting growth and reduce unemployment in Iraq, through the financing of various sectors and expand the purchasing power of citizens…” NOTE — KEYWORDS GAVE A SPEECH — UNDERSTAND THAT IS ALAK — STATING THAT THE MARKET WILL GIVE THEM HUGE RETURNS FOR GROWTH AND ALSO EXPAND THE IRAQI PURCHASING POWER — AS WE HAVE TALKED ABOUT BEFORE — THEY PURCHASE WITH THE DINAR — EXPANDING ITS PURCHASING POWER CAN ONLY TAKE PLACE THROUGH ADDED VALUE AND PRICE ADJUSTMENT…WHOOPOW. Read more…

Iraqi Dinar/US Dollar auction results 3-9-16

Iraqi Dinar/US Dollar auction results 3-9-16

Results currency auction
Announcement No. (3154)

Opening Offers sale and purchase of foreign currency daily three thousand, one hundred and fifty-four at the CBI window for Wednesday’s day on 03.09.2016 and the results were as follows: Read more…

Iraqi dinar exchange rate against the US dollar in the banks and the Iraqi market 3-9-16

Iraqi dinar exchange rate against the US dollar in the banks and the Iraqi market 3-9-16

11:02 03/09/2016

Iraqi dinar exchange rate against the US dollar in the banks and the Iraqi market: Read more…

Foreign exchange rate of the Iraqi dinar on Wednesday, March 9, 2016

Foreign exchange rate of the Iraqi dinar on Wednesday, March 9, 2016

03.09.2016 at 09:21 (Baghdad time)

Foreign exchange rate of the Iraqi dinar on Wednesday, March 9, 2016
BAGHDAD – balances News: Read more…

Central bank: coin replaced the 50 thousand to avoid inflation

Central bank: coin replaced the 50 thousand to avoid inflation

03/09/2016 20:23 pm (Baghdad time)

BAGHDAD – balances News
Media revealed the central bank, on Wednesday, the currency of the 50 thousand in other currencies replace to avoid inflation.
It is said that the central bank said, earlier, that the issuance of 50 thousand dinars category will not be accompanied by the withdrawal of any other category of trading, noting that the issuance of this class or any other class does not Read more…

Central presents new monetary categories

Central presents new monetary categories

Wednesday 09 March 2016 13:39

Central Bank of Iraq, announced his intention to launch a national bonds in five categories of the middle of this month, indicating that the Annual her interest amounting to 6%, among it can be used as collateral to obtain financial facilities loans.
The bank said in a statement, he said he will ask the national bonds (nominal) on behalf of the Ministry of Finance in nominal terms Read more…

Iraqi dinar recover!

Iraqi dinar recover!

03/09/2016 0:00

Author: Yasser incumbent
Effects specialist Bhoan global stock subject very important when talking about solutions to mitigate the effects of the financial crisis , while pointed to the need for the introduction of the dinar on the stock exchange and adoption in business dealings to recover, how? He
pointed out that the adoption of this mechanism will reduce dependence on remittances and eliminates the black market, it benefits also prevent the fluctuation of the Iraqi dinar exchange rate Read more…

Iraqi Dinar Guru opinions 3-8-16

Iraqi Dinar Guru opinions 3-8-16

3-8-2016 Newshound Guru Kaperoni Article quote: “…ruled the parliamentary finance committee, the Central Bank issued a new edition of 100,000 dinars category along the lines of 50,000 dinars for the time being, saying that if the issuance will be annulled and some small groups.” Good news, no 100k note. Read more…

Iraqi Dinar/US Dollar auction results 3-8-16

Iraqi Dinar/US Dollar auction results 3-8-16

Results currency auction
Announcement No. (3153)

Opening Offers sale and purchase of foreign currency daily three thousand, one hundred and fifty-three at the CBI window for a brief summary on Tuesday 03/08/2016 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the Dollar and foreign currencies for Tuesday 3-8-16

Iraqi Dinar exchange rate against the Dollar and foreign currencies for Tuesday 3-8-16

March 8, 2016

Iraqi Dinar exchange rate against the Dollar and foreign currencies for Tuesday 3-8-16: Read more…

Parliamentary Finance exclude the issuance of central bank Edition 100 thousand dinars

Parliamentary Finance exclude the issuance of central bank Edition 100 thousand dinars

03/08/2016

BAGHDAD / JD / .. ruled the parliamentary finance committee, the Central Bank issued a new edition of 100,000 dinars category along the lines of 50,000 dinars for the time being, saying that if the issuance will be annulled and some small groups.
A member of the committee MP Sirhan Ahmed told / KD /: that the committee recently met with the Governor of the Central Bank and his accompanying delegation and discussed with him several issues, Read more…

Iraqi forum kicks off in Beirut to support investment and the banking sector

Iraqi forum kicks off in Beirut to support investment and the banking sector

08/03/2016 12:12

[Where – Baghdad] was
launched in the capital , Beirut, on Tuesday, the World Conference and Exhibition for the third financial and banking services in Iraq [Iraq Finance 2016], under the slogan “Gateway Financial Inclusion and a pillar of sustainable development of the banking sector.”
According to a statement to the CBI received by all of Iraq [where] a copy of the “Acts of the conference, organized by the company Szimksko] of Iraq, under the auspices of the Central Bank of Iraq Read more…

The local currency to invest in global stock

The local currency to invest in global stock

3/8/2016 0:00

BAGHDAD – Hussein al – Tamimi Tgb
continue specialists efforts in economic affairs in the search for exits reduce the impact of financial distress on Iraq, the adoption of mechanisms to elevate the Iraqi dinar cross – entered the global bourse.
Specialist on global stock Osama Mahmoud said that minimize the effects of the financial crisis on the economy Iraq requires action Read more…

Iraqi Dinar Guru opinions 3-7-16

Iraqi Dinar Guru opinions 3-7-16

3-7-2016 Newshound Guru Millionday THERE ARE SOME VERY INTERESTING THINGS GOING ON THIS WEEK THAT ARE AT THE VERY LEAST EXCITING…WE ARE GOING TO LOOK AT THEM BUT LET ME SAY — MOSTLY THE POINT WE ARE AT WOULD BE THE ACCOUNTABILITY FOR IRAQ TO THE REAL VALUE FOR TRADE THAT THE DINAR HOLDS. THIS IS CALCULATED THROUGHOUT THE GLOBE FOR ALL CURRENCIES WITH A FORMULA THAT IS USED TO PRODUCE FAIR TRADE AND VALUE — SO LETS LOOK AT WHAT IS HAPPENING THIS WEEK Quote: “The Conference financial Iraq…” “…The international financial market is the worldwide marketplace in which buyers and sellers trade financial assets, such as stocks, bonds, currencies, commodities and derivatives, across national borders…” THIS CONFERENCE IS FOR TOMORROW [MONDAY] AND TUESDAY…HUGE HUGE ECONOMIC MEETINGS THIS WEEK AND OBVIOUSLY A MASSIVE CONFERENCE…THIS IS ALL GREAT NEWS! Read more…

Iraqi Dinar/US Dollar auction results 3-7-16

Iraqi Dinar/US Dollar auction results 3-7-16

Results currency auction
Announcement No. (3152)

Opening Offers sale and purchase of foreign currency daily three thousand, one hundred and fifty-two at the CBI window for Monday day on 03.07.2016 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the Dollar and foreign currencies for Monday 3-7-16

Iraqi Dinar exchange rate against the Dollar and foreign currencies for Monday 3-7-16

March 7, 2016

Iraqi Dinar exchange rate against the Dollar and foreign currencies for Monday 3-7-16: Read more…

Antoine calls to attract money chunky among citizens

Antoine calls to attract money chunky among citizens

3/7/2016 0:00

BAGHDAD Shokran Fatlawi
urged economist of the Central Bank expert on the need to take action and quick measures to convert the large masses of cash from savings blocks to investment blocks in light of the financial and economic situation , which is going through the country, whether they are in Iraqi dinars , or the dollar. Scarce liquidity and added economic expert on behalf of Antoine Speaking «morning»: in light of the crisis Read more…

Iraqi Dinar Guru opinions 3-6-16

Iraqi Dinar Guru opinions 3-6-16

3-6-2016 Newshound Guru OOTW …WE HAVE…THE MEDIA TRYING TO, ONCE AGAIN, FORCE ATTENTION TO THE DINAR VALUE OR LACK OF…ALTHOUGH WE DON’T HAVE ANY MARKED ANNOUNCEMENTS FROM MOHSEN OR RE THE CBI – THERE REALLY IS MUCH GOING ON AND THE MOST IMPORTANT ASPECT, AS YOU MIGHT GUESS, IS GETTING THE GOVT REFORMED AND THAT’S MOVING ALONG, SO I DO THINK WE’RE ON THE RIGHT TRACK. MY HOPE, BASED ON WHAT JOBOURI AND ABADI AND MASSUM HAVE SAID, IS THAT THEY EXPECT APPROVAL OF LAWS TO MOVE FORWARD MUCH FASTER AFTER THEY’VE PLACED THE NEW MP’S/MEMBERS OF GOVT… Read more…