Posts Tagged ‘Iraqi Dinar’

A new high for the price of the dollar exchange!!!

A new high for the price of the dollar exchange

Babylonian News / Baghdad

pm 3:40 Monday, 2/7/2012

Saw the Iraqi market a substantial rise in the price of the dollar against the Iraqi dinar. According to traders in the Iraqi market, the Iraqi dinar exchange rate has plummeted against the U.S. dollar when the price of the Iraqi dinar against the dollar 126 000 dinars for the paper category percent dollars after it was not to exceed 123 000 dinars for the paper category percent dollars . He attributed these this fall at the Iraqi dinar to reduce the central bank to the Read more…

Central Bank: the deletion of zeros from the currency needs to be further consultations

Central Bank: the deletion of zeros from the currency needs to be further consultations

Monday, July 2, 2012 10:03

Translation / Baghdadiya News / .. Iraq News website reported trade the British statement, Deputy Governor Central Bank of Iraq the appearance of Mohammed Saleh said that “to delete the zeros of the Iraqi dinar currency is still in need of further consultations with the relevant authorities.”
The deputy governor added: “The central bank seeks to make the currency Read more…

Experts warn of the repercussions of opening multiple ports to sell the dollar

Experts warn of the repercussions of opening multiple ports to sell the dollar

Date: Monday 07/02/2012 1:19

 Baghdad / range
warned a number of experts and specialists from the recent actions of the Central Bank of Iraq on the opening of multiple ports to sell the dollar, at the time described the central bank to pursue this procedure to create a balance between supply and demand of foreign currency in the market.

The central bank said that it gives each bank a week million and (250) thousand dollars at (1179) and sold to citizens at (1189) that the ratio of profit for banks (10) Iraqi dinars. Growing them to maintain the value of the Iraqi dinar against the dollar, while still Read more…

CBI identifies the proportion of foreign currency granted to the banks depending on

CBI identifies the proportion of foreign currency granted to the banks depending on their capital

02/07/2012 17:00

Baghdad, July 2 (Rn) – The Central Bank of Iraq that he decided that depends on the size of the capital of government and private banks on the process of exchange of hard currency to develop the auction.   and see the market in weeks fluctuation in the exchange rate of the Iraqi dinar against the U.S. dollar, which cited experts to the restrictions imposed by the Bank on sales of hard currency. and the imposition of bank procedures more stringent in the auction Read more…

Traders in the market complain of a new high for the exchange rate of the dollar against Iraqi dinar

Traders in the market complain of a new high for the exchange rate of the dollar against Iraqi dinar
Sunday, July 1, 2012 16:45

{Baghdad} Euphrates News report .. the Iraqi market has seen a substantial rise in the price of the dollar against the Iraqi dinar.

According to traders in the Iraqi market, spoke to the Euphrates News Agency {}, the Iraqi dinar exchange rate has plummeted against the U.S. dollar when the price of the dinar against the dollar 126 000 dinars per cent of the paper dollar after the class was not to exceed 123 000 dinars Faih percent of the paper dollars.

He attributed their decline at the Iraqi dinar to reduce the central bank to the Read more…

Experts: sale of hard currency in several ports, an observer .. And consequences of intangible

Experts: sale of hard currency in several ports, an observer .. And consequences of intangible
On: Sun 07/01/2012 12:04

Baghdad (news) / report / Faleh Hussein / .. An open multiple ports to sell the dollar, which took refuge in his central bank, raised heated debate between economists, some of whom questioned the non-compliance of some private banks controls set for the sales.
known as the central bank very well how to address the low exchange rate of the Iraqi dinar against the U.S. dollar in an Read more…

Deputy: the budget will be (300) billion dollars in 2015

Deputy: the budget will be (300) billion dollars in 2015
On: Wednesday 27/6/2012 8:26

Baghdad (news) .. Likely decision of the Economic Commission deputy / Kurdish coalition blocs / Mahma Khalil, to inform the budget in 2015 (300) billion dollars makes the necessary urgency to implement the project to delete the three zeroes from the local currency to reduce the money supply in circulation.
Khalil (of the Agency news): The environment Iraq’s economic need to restructure the local currency by deleting the zeros of the three of them, because Iraq is Read more…

Continued high price of the dollar in spite of the increasing sales of central bank

Continued high price of the dollar in spite of the increasing sales of central bank

26/06/2012 12:31

Baghdad, “Iraq’s gate,” Mohammed Sharif

Continue the exchange rate of the dollar against the Iraqi dinar to rise in spite of central bank sales over the turnpike 200 thousand dollars in daily auction.

The price of exchange in the domestic market this Tuesday 1242.5 dinars to the dollar, despite the fact that Central sales for the day amounted to 203.577 million.

And settled sales Bmzadeh Central Bank of Iraq for the sale and purchase of Read more…

Counterfeit currency markets plunging south

Counterfeit currency markets plunging south

26-06-2012 08:45 AM
Are free –
Work of local governments in southern Iraq to set up committees to monitor the counterfeit currency, which officials said it is increasing in the market.
A member of the «State of Law coalition» Abdul Hadi al-Hassani told the newspaper «life» «to Ahznat recent spread of counterfeit currency, specifically the category of 10 thousand Iraqi dinars, but the reasons are still not known as the Sources unknown ».
He added that Read more…

Central Bank: new instructions to regulate the sale and purchase of foreign currency

Central Bank: new instructions to regulate the sale and purchase of foreign currency

Tuesday, June 26, 2012 14:35

BAGHDAD / Baghdadiya News / .. revealed the CBI and in the words of his deputy, the first appearance of Mohammed Saleh, new instructions to be issued by the bank on Wednesday will add new mechanisms for the sale and purchase of the dollar and increase control over this sector.
It is noteworthy that the Iraqi market exposure to shocks violent, most recently two months ago from now, where the decline in the value of the Iraqi dinar against the dollar difference of up to Read more…

Parliament and Fiance committee support revalue of Iraqi Dinar

Parliament and Fiance committee support revalue of Iraqi Dinar

26/06/2012 03:30
ERBIL, June 25 (AKnews) – The Iraqi Parliament and the Finance Committee support the Central Bank of Iraq (CBI)’s efforts to revalue of the Iraqi Dinar through the removal of three zeros from the currency.

The CBI has announced that it has finalized plans to remove three zeros from the Iraqi currency in order to revalue it. The Read more…

Integrity Commission set the employee in the Ministry of Commerce took over billions of Iraqi dinars

Integrity Commission set the employee in the Ministry of Commerce took over billions of Iraqi dinars
Monday, June 25, 2012 09:37

[Baghdad – where]

Being a team from the Department of Investigation Authority integrity of inquiry and continuous scrutiny to determine the total amounts Achtlsthe one of the employees of the Ministry of Commerce of forging receipts during the arrest and the acquisition amounts.

A report to the Department seen by agency all of Iraq [where] the investigative team and in coordination and cooperation with the Office of the Inspector General of the Ministry of Commerce and the Audit Committee in the Department of Registration of private companies counted Read more…

Central Bank excludes petroleum products from oil and gas from the inflation indices

Central Bank excludes petroleum products from oil and gas from the inflation indices
Date: Monday 25/06/2012 16:50

Baghdad (news) .. rule out the Central Bank of petroleum products from oil and gas from the inflation indicators in Iraq, stressing that the strength of the Iraqi dinar will be able to reduce inflation.
Deputy Governor of the Central Bank of the appearance of Mohammed Saleh said in a statement (of the Agency news) said on Monday: that the bank Central exclude Read more…

Financial rep to discuss the issue of fraud $ 7 trillion Iraqi dinars this week

Financial representative to discuss the issue of fraud $ 7 trillion Iraqi dinars this week

25/06/2012 08:16

Erbil, June 24 (Rn) – The Finance Committee representative, Sunday, the issue of fraud anonymous on the Iraqi government will be discussed this week. and shape of Iraq in April last of an investigative committee for the detection of scams. $ 7 trillion Iraqi dinars using forged documents. The phenomenon is the second of its kind suffered by Iraq of fraud by the unidentified bodies after Read more…

Expert criticizes the lack of coordination between fiscal and monetary policies

Expert criticizes the lack of coordination between fiscal and monetary policies

24/06/2012 0:00

Said that it is the most prominent Marqlat determine the exchange rate
of Baghdad – Al Sabah
said an economist said the central bank’s demands in cooperation with the government, larger for the highest possible coordination between fiscal and monetary policies, pointing out that this principle was enshrined in the Bank Act No. 66 of 2004, as well as law financial management, public debt, No. 95 of the same year. explained Karim Hammoud Faraj Speaking (morning) that the crisis experienced by the exchange rate of the Iraqi dinar against the dollar due to several reasons, Read more…

Intended pictures stated for the new Iraqi dinar!!!

Imams bridge is decorated with the new currency

on 23.06.2012

Integrity of electronic / Baghdad

Book said the central bank is entitled to the Directorate General of issuance and integrity electronic safes got a copy of which include the paper currency printed Almzaam yolk after the process of deleting a number of the most important monuments and pictures, a picture of a bridge imams and the magnitude of the significance of high value .

He said the book: This is dedicated to the highest class of the new currency a category (200) two hundred Iraqi dinars and the dinars on the back of this paper and put a picture of the Baghdad school .

And placed on the face of the category (100) Iraqi dinars, hundred dinars, Read more…

Finance Committee Alnibaah: next year will see the circulation of two currencies at the same time

Finance Committee Alnibaah: next year will see the circulation of two currencies at the same
11:55:20 / 06/2012

Moqtada al-Sadr – General
Khandan – revealed the parliamentary finance committee that Iraq will see the two currencies traded at the same time over the next year 2013 of the new currency in circulation after deletion of zeros with the survival of the current currency trading throughout the year in question.

A member of the Finance Committee Hassan Salman told (Brief Center for the Iraqi Media Network) that “the central bank operates in more than six months from now on the position of the deletion of zeros from the Iraqi dinar currency and Read more…

Karbala Governor: the banking system caused reluctance of international companies from investing

Karbala Governor: the banking system caused reluctance of international companies from investing

20/06/2012

Karbala / JD / .. Carried the local government in Karbala backward banking system in Iraq, the responsibility for not Iqbal international investment companies to operate in Iraq in general and especially the city of Karbala, describing the mechanism used by most of the banks Balmahbth. The governor of Karbala, Al-Din hopes the cat in a statement to the correspondent of the agency Iraqi dinars on Read more…

Delete the zeros from the currency is important and will lead to counterproductive in the Iraqi market

Member of the Economic Committee: Delete the zeros from the currency is important and will lead to counterproductive
On: Tuesday 06/19/2012 20:25

Baghdad (news) .. The member of the Economic Commission MP / National Alliance / Salman al-Moussawi, the process of deleting the zeros and replacing the national currency, the process is not important, pointing out that the deletion of zeros from the national currency to be the beginning (2013) would be counterproductive in the Iraqi market.
Moussawi said (of the Agency news news) on Tuesday: The deletion of zeros in the atmosphere is stable Iraqi dinar exchange rate process do not matter either occurred in the current year or next year, indicating the following: Read more…

Central sells $ 192 million at auction Tuesday

Central sells $ 192 million at auction Tuesday
19/06/2012 16:19

Sales from the Iraqi Central Bank Bmzadeh for the sale and purchase of foreign currencies in its session today Iilathaempelg 192 million Dolarbsar exchange rate based on 1166 Iraqi dinars for every dollar.

She auction sales bulletin issued today by the Central Bank received a “gate Iraq,” a copy of that total volume of demand on the dollar of 192 million and 745 thousand dollars, covered by the central bank at an exchange rate basis was 1166 Iraqi dinars to the dollar. ”

Sales were distributed today to demand the amount of cash Hmsh million and 300 thousand dollars, “while sales orders,” the amount of 187 445 000 dollars at the exchange rate was 1179 Iraqi dinars per dollar, including the commission of the Central Bank amounting to 13 dinars per dollar.

Bulletin indicated Read more…