Posts Tagged ‘Iraqi Dinar’

The exclusion of 12 banks waged daily currency auction

The exclusion of 12 banks waged daily currency auction

10/24/2013 12:00 AM

Experts warned of the acquisition banking companies by
Baghdad – Mostafa Hashemi – شكران Fatlawi
varied views of specialists in economic affairs around the central bank’s decision excluding 12 out of 32 banks waged from the auction currency for not achieving increased their capital to 250 billion Iraqi dinars within the period set by the Bank For those banks, regarding an Read more…

Expert: the scarcity of small-class currency due to the unwillingness of banks to deal

Expert: the scarcity of small-class currency due to the unwillingness of banks to deal with the

24-10-2013 10:30 AM

Baghdad (news) .. Attributed the financial expert Ahmed ابريهي, the reason for the scarcity of currency with a small category in the Iraqi market, to the unwillingness of banks to deal and do not receive from the central bank. said ابريهي (of the Agency news): Most banks do not receive paper currency small, category (250, 500 and 1000 ) Iraqi dinars, from the central bank and to Read more…

Iraqi Dinar Guru opinions 10-23

Iraqi Dinar Guru opinions 10-23

10-23-2013 Intel Guru Mailman17 YES, THE BANKS BEING ON THE SAME PAGE ELECTRONICALLY, ESPECIALLY THE SMALLER BANKS, HAD TO BE DONE AS WELL. ALTHOUGH THE MAJORS HAVE BRANCHES THERE FOR INFRASTRUCTURE, THE SMALLER BANKS WILL STILL BE THE ONES THE PEOPLE TRUST FIRST WHEN CASHING IN THEIR US DOLLARS FOR THE NEW DINAR WITH BIG AMOUNTS MOST LIKELY HAVING TO OPEN ACCOUNTS, JUST LIKE HERE. Read more…

ADAPTATION OF ELECTRONIC BANKING SERVICES IN IRAQ URGED BY FINANCE COMMITTEE

ADAPTATION OF ELECTRONIC BANKING SERVICES IN IRAQ URGED BY FINANCE COMMITTEE

Posted, 23 Oct 2013

In the House of Representatives, the economic finance committee of Iraq has called for the Iraqi banks to activate some modern banking services, such as the settlement of financial transactions through mobile phones, or credit cards, so as to reduce the handling of paper currency. Read more…

Iraqi Dinar/Dollar auction 10-23

Iraqi Dinar/Dollar auction 10-23

High central bank sales of the dollar in the auction today

Wednesday, October 23 1 / Okrudolf 2013 15:27

[Baghdad – where]

Increased central bank sales of the dollar in the auction on Wednesday to more than $ 163 million after it was Tuesday of $ 141 million.

According to a statement of the bank has received all of Iraq [where] a copy of the “size of the amount sold by the bank at the auction of the dollar today reached Read more…

Iraqi Dinar Guru opinions 10-22

Iraqi Dinar Guru opinions 10-22

10-22-2013 Newshound/Intel Guru Arthur Iraq TV News for today was good and bad. The sectarian violence is not just unabated but actually increasing in certain provinces. But yet scrolling across the bottom of the screen it said that a poll showed that most Iraqi’s were confident that the security, political, and economic future of Iraq is right on track. Read more…

Iraqi Dinar/Dollar auction 10-22

Iraqi Dinar/Dollar auction 10-22

Currency Auctions Announcement No. (2510)

The latest daily currency auction was held in the Central Bank of Iraq on the 22-Oct-2013 . The results were as follows:

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. Read more…

Cabinet authorizes the Minister of Finance and the Governor of the Central Bank debt settlement Jordan and Egypt on Iraq

Cabinet authorizes the Minister of Finance and the Governor of the Central Bank debt settlement Jordan and Egypt on Iraq

10/22/2013 17:12

{Baghdad: Euphrates News}
Cabinet decided to authorize the Minister of Finance and the Governor of the Central Bank of negotiation to settle the debts of Jordan and Egypt to Iraq, while commissioned the Ministry of Higher Education and Scientific Research to expand acceptance in the medical colleges Group.

A statement issued by the Council of Ministers received by the agency {Euphrates News} a copy of “The Council held its forty-fourth regular in Read more…

88 trillion Iraqi dinars, the size of the non-governmental investment over the next 4 years

88 trillion Iraqi dinars, the size of the non-governmental investment over the next 4 years

22/10/2013

BAGHDAD / JD / .. Ministry of Planning estimated size of the non-governmental investment needs of the country during the next four years, with 88 trillion Iraqi dinars, while showed that this amount constitutes 21% of the size of the investment required.
He said the ministry spokesman Abdul Zahra al-Hindawi told the reporter / JD / national development plan, drawn up by the ministry assumed that the private sector contributes with a value of 88 trillion Iraqi dinars, the equivalent of Read more…

Rule out the success of the disengagement of the Iraqi dinar to the dollar

Banking expert rule out the success of the disengagement of the Iraqi dinar to the dollar being linked to a global

22-10-2013 06:47 AM

Baghdad (news) .. Said banking expert Majid picture, that الضروف local and international non suitable disengagement of the Iraqi dinar in U.S. dollars. said Suri (of the Agency news): It is necessary to strengthen the Iraqi dinar and turn it into a work possible to deal internationally, and the development of local industries and agriculture, then will be available conditions appropriate Read more…

Need to overcome the differences between Arbil and Baghdad on oil before the adoption of the federal budget

Parliamentary economy: the need to overcome the differences between Arbil and Baghdad on oil before the adoption of the federal budget

22-10-2013 10:37 AM

Baghdad (news) .. According to a member of the Committee on the economy and investment MP / National Alliance / Abdul-Abbas Xiaa, importance of overcoming all the differences between the Governments of the region and the center for oil in the budget next year, adding that the committees formed between Arbil and Baghdad did not reach solutions to end those differences. said Xiaa (News Agency News): The parliamentary blocs required to Read more…

Iraqi Dinar Guru opinions 10-21

Iraqi Dinar Guru opinions 10-21

10-21-2013 Newshound Guru Millionday Article quote: “the visit of Prime Minister Nuri al-Maliki of the United States of America will carry several axes, including the activation of the strategic framework agreement between the two countries” …the visit we are expecting at the end of this month is very important obviously…for the trade agreements to make sense and also the provision to be constitutionally compliant — would tell us that a reality rate has to be before the activation or it would not work — but as always we shall see. so not far from all being done economically — we have huge hopes for this week and the completion of a lot…the news rocks… Read more…

Iraqi Dinar/Dollar auction 10-21-13

Iraqi Dinar/Dollar auction 10-21-13

Central recorded sales of $ 187 million at an auction on Monday

10/21/2013 15:10

Tomorrow Press / Baghdad: Record CBI sales of the dollar stood at 187.359 million dollars at an auction on Monday, the sale and purchase of foreign currencies, the second auction for the current week and a stable exchange rate at Read more…

Economist: can be promoted budget of 2014 put the foundations of a comprehensive development

Economist: can be promoted budget of 2014 put the foundations of a comprehensive development

Monday, 21 October 1 / Okrudolf 2013 13:31

[Baghdad – where]

The economist said Bassem Jamil that he “can be promoted budget 2014 through lay the foundations of a comprehensive development and subject and compatibility with the 2013-2017 five-year plan.”

He beautifully told all of Iraq [where] today that “the budget in 2014 is considered the largest budget in the history of Iraq and must Read more…

Iraqi Dinar Guru opinions 10-20

Iraqi Dinar Guru opinions 10-20

10-20-2013 Newshound Guru Arthur It wasn’t till recently I…realized that the articles are not what the Iraqi’s themselves are being told. On their television they are getting a completely different story…They are not fretting as much as we are led to believe because their news casts are telling them exactly how close they are to revaluating their currency. They talk about the RV everyday that we have seen for over a week now. Read more…

Center calls for economic disengagement of the Iraqi dinar to the dollar!

Center calls for economic disengagement of the Iraqi dinar to the dollar!

Posted 20/10/2013 03:21 PM

BAGHDAD – “arenas of Liberation”
Called Media Center economic to move Iraq from the dollar zone and connecting the Iraqi dinar currency more stable.
said head of the center Dergham Mohammed Ali in a press statement that despite the announcement, White House end of the crisis, shutdown the government the U.S. but there is another crisis threatening the U.S. economy is the high ceiling of the government’s debt U.S. to record levels reached seventeen trillion Read more…

Iraqi Dinar/Dollar auction 10-20-13

Iraqi Dinar/Dollar auction 10-20-13

More than $ 153 million sales volume of the central bank in the auction today

Sunday, October 20 1 / Okrudolf 2013 16:37

[Baghdad – where]

Sales of the Central Bank of the dollar in the auction on Sunday, more than 153 million dollars.

According to a statement of the bank has received all of Iraq [where] a copy of the “size of the amount sold by the bank at the auction of the dollar today reached [153] million and [244] thousand dollars at the exchange rate [1166] dinars to the dollar contribution [17] banks . ”

He pointed out that “the quantity sold in cash amounted to ten million [25] thousand dollars, and the quantity sold remittances amounted to [143] million and [219] thousand dollars,” adding that “the central bank receive a commission of [13] dinars per dollar, with a discount [ 8] dinars for each dollar amounts purchased, ie, that the purchase price of the dollar = cash sales price of $ cash – 8]. ”

The statement added that “the price of cash sales and transfers [1179] dinars to the dollar, including the commission of the Central Bank in the amount of 13 dinars per dollar, while the total cash purchase price of $ [1171] dinars to the dollar.”

He explained that “the Iraqi Central Bank continues to buy and sell the dollar at [1166] dinars and receive the same commission mentioned above.”

The statistics compiled by all of Iraq [where] the auction sale and purchase of foreign currency has reported that sales of the Iraqi Central Bank of the dollar traded during the month of September last 5 billion and 275 million and 645 thousand dollars compared to 4 billion and 563 million and 751 dollars in August last year. Ended .

alliraqnews.com

Iraqi Dinar Guru opinions 10-19

Iraqi Dinar Guru opinions 10-19

10-19-2013 Newshound Guru Kaperoni Article: “Huda Jalil: the next phase need for national unity in order to achieve the ambition of this country” We have been hearing for months that not only politically, but they need to reduce the violence in Iraq in order for the economy to change (the dinar as well). It looks like a sound effort is coming to achieve this.

10-19-2013 Newshound Guru Millionday the sfa [Strategic Framework Agreement] has many provisions for trade in it — in order to do this trade and have enough funds to stay afloat — iraq has to trade with a reality rate. To activate the SFA their must be a reality rate. Would make sense that the reality rate was in affect prior to Maliki meeting with O. Read more…

Central bank to exploit the increase Bahtiath the cash to support the exchange rate of the dinar

A member of the Finance Committee: on the central bank to exploit the increase Bahtiath the cash to support the exchange rate of the dinar

19-10-2013 12:56 PM

Baghdad (news) .. Student member of the Finance Committee MP / coalition of Kurdish blocs / Dler capable, the need to exploit the increase Bahtiath cash in hard currency to support the Iraqi dinar exchange rate against the U.S. dollar. said is capable (of the Agency news): that the figure announced by the central bank to reserve cash foreign currency amounting Read more…

Iraqi Dinar Guru opinions 10-18

Iraqi Dinar Guru opinions 10-18

10-18-2013 Newshound Guru Kaperoni Article: “Maliki: I will discuss the strategic framework agreement in Washington” Article quote: “The main theme in the scheduled visit to Washington is to discuss bilateral relations, especially the strategic framework agreement between the two countries.” They do not specifically mention in these articles, but they do in the others…The TIFA agreement is part of the SFA, which requires “freedom of movement of capital” or in other words a tradable currency before it can go into effect…So how is Maliki going to discuss this with Obama when he has not accomplished this? Read more…