Posts Tagged ‘Iraqi Dinar’

Banker: political impasse threatening the migration of the Iraqi dinar and its decline against the dollar

Banker: political impasse threatening the migration of the Iraqi dinar to the outside and its decline against the dollar

Published in: 3:46 am, December 7, 2012

BAGHDAD (Iba) .. Instructed the Director of the Association of private banks Abdul Aziz Hassoun, decline in the exchange rate of the Iraqi dinar against the U.S. dollar to bring the deteriorating security and political and currency auction continues to use the old mechanisms to raise sales and mechanical supply and demand.

He said Hassoun told the independent press (Iba) “The worsening Read more…

Central Bank demands balance between supply and demand for the dollar to maintain the value of the dinar

Deputy: Central Bank demands to achieve a balance between supply and demand for the dollar to maintain the value of the dinar and the reduction of money laundering

Date: 07/12/2012 09:27:48 Friday

Baghdad (news) .. A member of the Finance Committee MP / National Alliance / Hussain Yasiri, for the commission of the Central Bank the previous three irregularities that led to money laundering, calling for achieving the principle of balance between supply and demand for dollars to maintain the rate of the Iraqi dinar and to prevent money laundering.
Yasiri said (of the Agency news ): The management of the Central Bank earlier Read more…

Rule out reducing the value of the Iraqi dinar in light of the growing demand for dollar

Attorney Yasiri rule out reducing the value of the Iraqi dinar in light of the growing demand for dollar from the central bank auction

Date: 02/12/2012 10:50:11 Sunday

Baghdad (news) .. Ruled out by the Finance Committee MP / National Alliance / Hussain Yasiri, low value of Iraqi dinar in the presence of the growing demand for dollar buying from auction of the Central Bank, because it responds to the request through the sale of large amounts of hard currency.
Yasiri said (of the Agency news) Sunday: The objective of the work auction for Read more…

Specialists: Iraq needs (640) banks for economic development

Specialists: Iraq needs (640) bank for economic development

Date: 02/12/2012 12:42:24 Sunday

Baghdad (news) / report / Hussein Faleh / .. A number of experts and specialists that Iraqi banks current two branches of government and the private is not sufficient to contribute to economic development in the country, revealing that all (50) thousand citizens need one bank to meet their banking, with about (640) banks.
stressed their talk (News Agency news) the need to encourage international banks sober to open branches at home to strengthen banking and stimulate the Read more…

The current crisis, the central bank does not affect the deletion of zeros

The current crisis, the central bank does not affect the deletion of zeros

11/29/2012 12:00 am

BAGHDAD – morning
ruled member of the Finance Committee MP Amin Hadi Abbas, the impact of the crisis the central bank the current project to delete three zeros from the national currency, stressing that the implementation of existing and probably will be during the year (2014). Abbas said: The device’s central bank large and complex, where he contains multiple partitions and a large number of financial experts and economists, so Read more…

Deputy: fiscal surplus for the current year amounted to (22) trillion dinars ..

Deputy: fiscal surplus for the current year amounted to (22) trillion dinars .. The rate of implementation of the investment budget did not exceed (45%)

Date: 11/29/2012 07:58:11 Thursday

Baghdad (news) .. Criticized member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, claimants increase budget allocations investment at the expense of operational due to non-payment of all the money allocated for investment projects for the provinces and ministries.
Bayati said (of the Agency news): The fiscal surplus is derived from oil sales for Read more…

Iraqi apply for Parliament to take urgent action restore the independence of the central bank

Iraqi apply for Parliament to take urgent action restore the independence of the central bank

Wednesday, November 21 2 / November 2012 02:11

[Baghdad – where]

Iraqi List, announced submit a request to the Presidency of the Council of Representatives to take urgent action restore the independence of the Central Bank of Iraq and prevent domination of the government.

A spokesman for [Iraqi] Haider Mulla, told all of Iraq [where], that “the reasons to open the investigation cause the central bank is the high price of the dollar and the devaluation of the Iraqi dinar, but the measures taken by the Read more…

Sources: keep a low exchange rate of the Iraqi dinar is intended

Sources: keep a low exchange rate of the Iraqi dinar is intended

The time on Tuesday, November 20 2 / November 2012 11:29 | |

Baghdad / Orr News

Informed sources said that “the survival of the high price of the dollar compared to the price of the Iraqi dinar is intentional it has joined parties from inside and outside Iraq,”

Pointing out that “the reason for this policy was Read more…

11-17-2012: Iraqi Dinar Guru guesses!!!!

11-17-2012 Newshound Guru Mailman17 I TRULY DIDN’T THINK IT WOULD GET THIS MESSY. BUT I TRULY BELIEVE LOOKING AT ALL THE ARTICLES ESPECIALLY DINAR RELATED AND CURRENCY RELATED, THAT THE DINARS VALUE IS STILL PEGGED TO CHANGE JAN 1 AND NEW NOTES TO CO EXIST.

11-17-2012 Newshound Guru Mailman17 WE KNOW OUTSIDE PRESSURE IS THERE. ALWAYS HAS BEEN FROM DAY ONE UNPLANNED AS IN PRESSURE FROM OUTSIDE IRAQ TO MAKE IT HAPPEN. THIS MUST BE IRAQ’S CALL OR AT LEAST MADE TO LOOK LIKE IT, KEY WORDS THERE MADE TO LOOK. THE TAKEOVER OR AT LEAST ATTEMPTED TAKEOVER OF THE CBI? PLANNED? OR A ROUSE? NOT SURE. THE UN AND IMF AND THE US KNOWS YOU CANT REPLACE THE ENTIRE GOVT. SO REPLACE THOSE THAT WILL BE SCAPEGOATS AND SET THE MARK. Read more…

Banker: the decline in speculative demand for dollars good for value of the Iraqi dinar

Banker: the decline in speculative demand for dollars Hassan value of the Iraqi dinar

11/17/2012 13:16:46

BAGHDAD (Iba) .. Refer adviser North Bank for Finance and Investment wholesome Elias Abou, devaluation exchange rate of the dollar against the Iraqi dinar to keep speculators from buying the dollar for fear of falling price against the dinar making supply more than demand and improve the value of the Iraqi dinar. said Abbou told the independent press (Iba): The decline request speculators on the dollar to make the value of the Iraqi dinar rise against the U.S. dollar, indicating: that the actions of the Read more…

Iraqi leadership, reveals: Maliki will keep Abdel Basset Turki central bank governor

After joining the state law, the Iraqi leadership, reveals: Maliki will keep Abdel Basset Turki central bank governor ..

Wednesday 11/07/2012 10:47 am

Author: Readings

Revealed deputy for the Iraqi List, said Prime Aloza Nuri al-Maliki intends to keep acting central bank governor Abdel Basset Turki in office, compared to the latter’s accession to the coalition of the prime minister.
Qais said Cdhir, in a statement to The Peninsula United Arab Emirates in its issue, on Tuesday, that Maliki will Read more…

Shabibi: we have documents that confirm the success of the central bank in exchange rate stability

Shabibi’s [where]: we have documents that confirm the success of the central bank in exchange rate stability and I will return to Baghdad next Thursday

Tuesday,  November 06, 2012 09:45

[Baghdad – where]

Revealed Shabibi, who had his hand was withdrawn from Directors of the Central Bank and has served as the governor and outgoing an arrest warrant for possession of documents which confirm the success of the bank in the custody of the stability of the Iraqi dinar currency and Read more…

Central sales declined from the dollar helps to stabilize the exchange rate of the Iraqi dinar

Parliament: Central sales declined from the dollar helps to stabilize the exchange rate of the Iraqi dinar

11/05/2012 12:00 am

BAGHDAD – morning
ills member of the Committee of Economy and Investment Ibrahim Rikabi, reasons behind the decline central bank sales of dollar into overdrive fake companies that were buying currencies and large quantities of bank auction, stressing that this decline Read more…

11-4-2012: Iraqi Dinar Guru guesses!!!

11-4-2012 Newshound Guru Tlar The second constitutional issue will be who…has the right to choose the Security Ministries. We know that it is parliament but at present Maliki has step over his powers. We will see parliament come together to reverse this. Whether or not parliament will recapture their constitutional powers, we will see. I might add that Maliki still cannot silence the opposition which in IMHO ultimately will finish him off. Parliament for the first time will challenge Maliki on it’s constitutional rights even though Maliki has busted the constitution before. Read more…

Decline in central bank sales will help stabilize the exchange rate of the Iraqi dinar against the dollar

Member of the economy: the decline in central bank sales of foreign currency will help stabilize the exchange rate of the Iraqi dinar against the dollar

Date: 04/11/2012 08:14:23 Sunday

Baghdad (news) .. Ills member of the Committee on the economy and investment MP / National Alliance / Ibrahim Rikabi, reasons behind the decline central bank sales of dollar due to the dimensions of the front companies that were buying currencies and large quantities of bank auction, stressing that this decline will help stabilize the Read more…

11-3-2012: Iraqi Dinar Guru guesses!!!

11-3-2012 Newshound Guru Kaperoni Article quote: “the process of deletion of zeros will proceed according to its specified time without being influenced by the issue of the central bank because of all the procedures for the project expired since leaving only the execution.” It does not get much clearer than that. Clearly, we see that they are stating that the removal and financial issues with the CBI are not slowing this down. In fact, since the CBI came out (Shabibi) at least a few times saying,.. “all preparations are complete” makes this statement that much more effective “leaving only the execution.” Read more…

Investigations currency auction sale

Coverage of banks and personalities investigations currency auction sale

11/03/2012 12:00 am

BAGHDAD – morning
revealed the parliamentary investigative committee transactions CBI, the inclusion of some banks and personalities that unnamed, investigations auction sale currency forwarded its files to the Integrity Commission.
MP said in the Parliamentary Committee Haitham al-Jubouri (Brief Center for the Iraqi Media Network) on Friday, said that “investigations currency auction Read more…

11-2-2012: Iraqi Dinar Guru guesses!!!

11-2-2012 Newshound Guru Tlar  Every time this comes up that Iraq is being backed by a country to exit Chapter VII it doesn’t happen. It is always lip service. I doubt the US will back Iraq when the vote is done partly because of what’s going on with Shabibi but mostly because of Maliki’s support of Iran and Assad. He has violated Chapter VII sanctions by allowing shipments of arms to Assad by Iran that he sanctioned, allowing them to go through Iraq. Biden was his biggest supporter but he is not anymore. Maliki denied this (he lied) but was caught in his lies. If at this particular time the US does back Iraq for release of Chapter VII I think that Maliki will be able to complete the job and emerge as the new dictator of Iraq. Chapter VII is the only leverage the UN has that allows for the US to stay involved. We placed 13000 marines in Iraq 2 weeks ago. We did not need the permission from Iraq. The sanctions are a legal claim to do this. Read more…

Governor of Baghdad: the country’s economic growth is increasing every year (8%)

Governor of Baghdad: the country’s economic growth is increasing every year (8%)

Date: 11/02/2012 08:15:10 Friday

Baghdad (news) .. The Governor of Baghdad Salah Abdul Razzaq, that the country is witnessing an evolution of great economic terms of oil production and the stability of the Iraqi dinar exchange rate against the dollar, which lasted for five years, indicating that the rate of economic growth of the country is increasing annually by (8%).
said Abdul Razak (News Agency News): There are indications that Iraq is Read more…

11-1-2012: Iraqi Dinar Guru guesses!!!

11-1-2012 Newshound Guru Adam Montana They originally intended to have the new currency released by 2010…There are other reports that state the currency won’t be released until 2014. So with that information at hand…which “source” do we believe? I say none of them – they aren’t going to tell us exactly when the new currency will come out, and they aren’t going to tell us exactly what they plan to do with the rate. Read more…