Posts Tagged ‘Iraqi Dinar’

Record high! Iraqi Dinar/Dollar auction 11-25-2013

Record high! Iraqi Dinar/Dollar auction 11-25-2013

Currency Auctions Announcement No. (2537)

The latest daily currency auction was held in the Central Bank of Iraq on the 25-Nov-2013.The results were as follows:

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. Read more…

CBI calls for a revision of the laws of banking, will not lift zero’s

CBI calls for a revision of the laws of banking and anti-money laundering

Posted 25/11/2013 11:12 AM

BAGHDAD – “the world”
Called on the Central Bank of Iraq, on Sunday, to “revisit” the laws of the banks and the Central Bank and the fight against money laundering, and attributed the cause to “address the problematic lack of challenge of the activity of banks and the World Bank in the management of the economy”, and pointed out that the zeros “will not lift from the Iraqi currency now for not suitable circumstance. ” The central bank governor said Read more…

Kurdistan criticizing the 11% allocated to them in the 2014 budget threatens legal avenues to obtain 17%

Kurdistan criticizing the proportion of the 11% allocated to them in the 2014 budget threatens to follow all legal avenues to obtain 17%

25.11.2013 8:58

{Baghdad: Euphrates News} threatened the Kurdistan Regional Government in Baghdad as the federal government will follow all legal avenues to get 17% of the Iraqi budget, which it considers a constitutional legal right to it, criticizing the proportion of the 11% allocated to them in the budget of 2014.

A spokesman for the Kurdistan Regional Government Sven Dzia in a statement to the provincial government received the Euphrates News Agency {} a copy of it on Monday that “at the time should be allocated 17% of the budget of the Read more…

Iraqi Dinar Guru opinions 11-24-13

Iraqi Dinar Guru opinions 11-24-13

11-24-2013 Newshound Guru Kaperoni Article: “Laws are needed, deletion of zeros process 1 to 2 years to apply” One thing I am sure of is this is going to be what the IMF said..A gradual rise in value. In other words a float. This article is right in that sense…it will take time to apply. Let’s hope the CBI starts this early 2014 so we all can watch the dinar rise. Read more…

Iraqi Dinar/Dollar auction 11-24-2013

Iraqi Dinar/Dollar auction 11-24-2013

Currency Auctions Announcement No. (2536)

The latest daily currency auction was held in the Central Bank of Iraq on the 24-Nov-2013.The results were as follows:

. Read more…

Central bank: hard currency reserves have exceeded 88 billion dollars

Central bank: hard currency reserves have exceeded 88 billion dollars

24/11/2013 14:08

Long-Presse / Baghdad
Revealed the CBI, on Sunday, the arrival of foreign currency reserves of more than 88 billion dollars, indicating that it contributes to the stability of the Iraqi dinar could be a “source of pride” for the Iraqis.
The governor of the Central Bank and the Agency, Abdul-Basit Turki, said in an interview to the (long-Presse), “The bank accounts the beginning of October 2013 the past, recorded a reserve exceeds Read more…

Senior Economist: Raising the zeroes corrective action to facilitate the transfer and account currency

Senior Economist: Raising the zeroes corrective action to facilitate the transfer and account currency

Sunday, 24 November /  2013 08:11

[Baghdad where ]

The expert described the economic, Akram Abdel-Aziz, a step central bank to raise zeros from the local currency, “the action to reform aspects of the calculation.”

It said in a statement told all of Iraq [where]: “The deletion of zeros is the restructuring of the financial sector and banking and reconsider the Read more…

Central Bank: the exclusion of banks with less capital from 250 billion dinars from auction

Central Bank: the exclusion of banks with less capital from 250 billion dinars from auction

11/24/2013 15:23

Baghdad – and babysit – decided to CBI, the exclusion of private banks with less capital from 250 billion Iraqi dinars from participating in its daily auction, as pointed out that some of the decisions of exclusion “real-time, not permanent.”
The central bank governor said Abdul Basit Turki told a news briefing, on Sunday, said that “the bank has ruled out a number of Iraqi banks and less capital from 250 billion Iraqi dinars from the currency auction conducted by Read more…

Iraqi Dinar Guru opinions 11-23-13

Iraqi Dinar Guru opinions 11-23-13

11-23-2013 Intel Guru TD Here’s a Very Important Update: …press release from Governor Turki & the CBI. In concert now, all parties have agreed upon the implementation phase of currency reform to take place in 2014 as the new notes & coins will be introduced. The exact dates are being finalized but it appears likely before the elections. This should put to rest any other calls by anyone or discussion that any movement of any kind, be it RV, RD, RI or RX to occur in 2013. PERIOD!! It will simply not happen. For weeks now my source has been indicating AN IMPORTANT ANNOUNCEMENT to come by this month’s end AND THIS IS IT. In the CBI press release… Read more…

Iraqi Dinar/Dollar auction 11-23-2013

Iraqi Dinar/Dollar auction 11-23-2013

Currency Auctions Announcement No. (2535)

The latest daily currency auction was held in the Central Bank of Iraq on the23-Nov-2013.The results were as follows:

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. Read more…

Coins in Arabic and Kurdish during 2014

Coins in Arabic and Kurdish during 2014

23.11.2013 (0:01 pm)

 Baghdad / term-Presse

The central bank, said on Friday his intention to issue coins denominations are small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the presence of a proposal for issuing Banknotes large value of fifty thousand dinars. Said Abdul Basit Turki, Governor of the Central Bank and the Agency, in an interview to the (long-Presse), “The Central Bank is currently working in accordance with the tables and under the Read more…

Iraqi Dinar Guru opinions 11-22-13

Iraqi Dinar Guru opinions 11-22-13

11-22-2013 Newshound Guru Stryker Article quote: “the parliamentary committee when I asked the previous administration of the Central Bank from the date the application of the project to delete the three zeroes, they replied that the year 2013 will see the completion of all the procedures for the project Kalag with companies that printed currency, etc., and the year 2014 will see the application” This is now what Finance Committee MP Abdul-Hussein al-Yasiri is saying that made him make the comments he did on Sunday about the CBI trying to lift the zeros and raise the value of the Iraqi dinar the first of 2014. Read more…

Central bank: we will produce next year, the currency (50) thousand Iraqi dinars and small coins in Arabic and Kurdish

Central bank: we will produce next year, the currency (50) thousand Iraqi dinars and small coins in Arabic and Kurdish

11/22/2013 16:16 Number of readings: 719

Long-Presse / Baghdad
Revealed the CBI, on Friday, expressed his intention to issue coins denominations are small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the presence of a proposal for issuing Banknotes large value of fifty thousand Iraqi dinars.
The governor of the Central Bank and the Agency Abdel Basset Turki said in an interview to the (long-Presse), “The Central Bank is currently working in Read more…

Add DFI funds to raise the cash reserve value of the Iraqi dinar

Add DFI funds to raise the cash reserve value of the Iraqi dinar

Posted, 11/22/2013 12:00 AM

Calls for the central bank to take effective steps to restore the sovereignty
of Baghdad – Mostafa Hashemi – the joy of pumice
called Economists Central Bank of Iraq to take effective steps direction of the protection of Iraqi funds and a policy to ensure the restoration of national sovereignty them, especially after the hit Iraq, more than 110 billion dollars to creditors., and confirmed in a statement to the (morning) the importance of studying the mechanisms capable of preventing the risk of claims of creditors as Read more…

Iraqi Dinar Guru opinions 11-21-13

Iraqi Dinar Guru opinions 11-21-13

11-21-2013 Intel Guru TD So Where are we REALLY? Just check the CBI website and that pretty much says it all. Keep in mind, no one can stop something that hasn’t even started. What is going on is political posturing by mainly M [Maliki] supporters to release at the best time to get the most bang for your buck which is re-election. And that schedule is spring of next year. It is primarily M’s backers who are holding up revisions of bills and additional laws passed & implemented. They feel timing before election time ( no one knows or has decided exactly which month as of yet) will yield a return to their cozy seats. Read more…

Iraqi Dinar/Dollar auction 11-21-2013

Iraqi Dinar/Dollar auction 11-21-2013

Currency Auctions Announcement No. (2534)

The latest daily currency auction was held in the Central Bank of Iraq on the 21-Nov-2013.The results were as follows:

. Read more…

The deficit is located within the budget of the year 2014 cost the state more than 174 trillion Iraqi dinars

Minister of Trade: the deficit is located within the budget of the year 2014 cost the state more than 174 trillion Iraqi dinars

21/11/2013 18:47

{Baghdad: Euphrates News} announced the Minister of Trade Khairallah Hassan Babiker difficulty of covering the budget deficit in the year 2014 due to increased expenditures on the budget in different areas.
He said Babacar in a press statement seen by Agency {Euphrates News} today that “the deficit is currently in the table within the budget of the year 2014 cost the state 174 trillion Iraqi dinars and more than 115 trillion Iraqi dinars dedicated to Read more…

Iraqi Dinar Guru opinions 11-20-13

Iraqi Dinar Guru opinions 11-20-13

11-20-2013 Newshound/Intel Guru BGG Article: “Raising zeros from the Iraqi currency strengthens and raises the value of dinar, says economic committee member” This is another member of the Economic committee in Parliament speaking out in the media…why?? …they want it as bad as we do – maybe worse. Every time it doesn’t happen when “supposed to” the Finance and Economic committees just go bonkers in the media. It would not surprise me there was some “internal word” it was supposed to go down a couple of days ago. Then didn’t. this might explain the flurry of articles (unwanted by the CBI* *). Read more…

Experts: reduce the effects of the parallel market contributes to the stability of the exchange rate

Experts: reduce the effects of the parallel market contributes to the stability of the exchange rate

11/20/2013 12:00 AM

They called to reconsider granting leave enter currency auction
Baghdad – Mostafa Hashemi
confirms experts and specialists need to reduce the effects of the parallel market to stabilize the market and the exchange rate of the dollar against the Iraqi dinar, pointing to the importance of maintaining the experiences of economic participation in the auction currency effects of the parallel market
in this context called economic expert, Dr. Mohammed Saleh Read more…

Ruled out the project to delete the zeros of the national currency in April

Ruled out the project to delete the zeros of the national currency in April

Parliament exclude financial deletion of zeros currency next year

11/20/2013 12:00 AM

BAGHDAD – Shaima Rashid
ruled out of the Finance Committee that is applied to the project to delete the zeros of the national currency in April next, especially since the central bank did not announce its readiness to this topic yet.
This comes at a time revealed the economic sources of the existence lingered by the prime minister in this regard.
Member Finance Committee in the House of Representatives Najiba Najib, threw the ball in the court of the Central Bank, saying “that the central bank is Read more…