Posts Tagged ‘Iraqi Dinar’

Can not say for sure that the central bank has succeeded in reducing the value of the dollar

The multiplicity of outlets selling the dollar to achieve economic gains for the country

19/06/2012 0:00

After that contributed to lower prices and declining rates of inflation
Baghdad – Haider Filaih spring
can not say for sure that the central bank has succeeded in reducing the value of the dollar, which reached record levels in recent months, but he (Central) end and to a large degree of persistence of high dollar against the Iraqi dinar, and succeeded to impose a monetary policy aimed at reducing the high rate of inflation, which could be receiving due to Read more…

Banks should be required to set the controls for the sale of hard currency to prevent a repeat of smuggled abroad

Haji MP: Banks should be required to set the controls for the sale of hard currency to prevent a repeat of smuggled abroad
On: Tuesday 06/19/2012 10:12

Baghdad (news) .. The member of the Finance Committee MP / mass change / Church Mustafa Haji, to force the banks controls set for the sale of hard currency to prevent a repeat of smuggled abroad.
said Haji (the Agency news) said on Tuesday: The conduct of the Central Bank of the last to open multiple ports for the sale of hard currency in all of Iraqi banks, will help stabilize the Iraqi dinar against the dollar, but it must be punctuated by certain controls require banks to prevent the occurrence of a currency smuggling abroad. He pointed to: Read more…

Abdul Hussein al-Yasiri: high exchange rate of the Iraqi dinar by the presence of Central Bank reserves

Abdul Hussein al-Yasiri: high exchange rate of the Iraqi dinar by the presence of Central Bank reserves
Date: Thursday, 14/06/2012 11:52

Baghdad (news) .. Ills member of the Finance Committee MP / National Alliance / Abdul-Hussein al-Yasiri, the high exchange rate of the Iraqi dinar against the U.S. dollar to the presence of central bank reserves.
Yasiri said (of the Agency news) on Thursday: The improvement of the power of the Iraqi economy and central bank reserves and the existence of the private sector private banks contributed to raise the exchange rate Iraqi dinar and the presence of the balance of payments positive, which shows some of the exports of foreign goods more than its imports all of these factors lead to higher exchange rate of the Iraqi dinar against the U.S. dollar. He Yasiri to: Read more…

CBI sets a time limit for banks to reach their capital 250 billion Iraqi dinars

CBI sets a time limit for banks to reach their capital 250 billion Iraqi dinars

14/06/2012 12:58

Baghdad, June 14 (Rn) – The Central Bank of Iraq Thursday he set a time limit for all banks in Iraq to increase their capital and reached the roof of 250 billion Iraqi dinars, indicating that the end of the selection is to improve its dealings banking. and exceeds the number of banks in Iraq, 50 banks and has more than 800 branches spread across the provinces, which still is a number slightly compared with the population. Deputy Governor of Bank of the appearance of Mohammed, told the Kurdish news agency (Rn) “We asked all banks in Iraq by increasing their capital to strengthen their dealings and give Read more…

Government discussed drawing mode ziggurat of Ur to Iraqi dinar currency

Government discussed drawing mode ziggurat of Ur to Iraqi dinar currency

12/06/2012

BAGHDAD / JD / .. Cabinet discussed today, Tuesday, put the drawing on the ziggurat of Ur of the Iraqi currency. He said government spokesman Ali al-Dabbagh told a news conference in Dhi Qar. “The Council discussed during its meeting in Nasiriyah, the idea of ​​drawing on the ziggurat of Ur of the Iraqi dinar currency as a national symbol of the province and historically.” He said al-Dabbagh said the Cabinet decided today to increase the hours of processing of Dhi Qar province with electricity. He added that the council discussed the problems faced by the Read more…

Finance Committee: It is not the prerogative of the Central Bank determine the slogans of the new currency

Finance Committee: It is not the prerogative of the Central Bank determine the slogans of the new currency

13/06/2012

BAGHDAD / JD / .. confirmed that the parliamentary finance committee not to determine the validity of the central bank logos on the new Iraqi dinar currency. A member of the Committee MP for the rule of law, the Secretary Hadi’s / JD / The “logos currency of the new Iraqi dinar supposed to be proposed by the government, and then submitted to Parliament for approval, and not the validity of the Central Bank put these logos as a symbol expressing the homeland “. Hadi demanded the formation of a committee to study the hairs or the characters that will be placed on the currency that will be during the next two years. And between Read more…

Deputy: compel traders to deal with solid banks to prevent money laundering

Deputy: compel traders to deal with solid banks to prevent money laundering
On: Wednesday 13/06/2012 10:53

Baghdad (news) .. The Deputy Chairman of the Finance Committee MP / Kurdish coalition blocs / Ahmed Hassan Faizullah, to compel the Iraqi trader to dealing with international banks sober in transfers of overseas funds set aside the national economy, money laundering and the smuggling of currency.
said Faizullah (of the Agency news) on Wednesday : The money laundering and the smuggling of foreign currency that have appeared recently came through a deal Iraqi traders with banks is internationally known and sober what led to transfer large sums of money abroad without the receipt of goods. He added that the only solution to maintain the value of Iraqi dinar against the dollar is Read more…

Allow for (40) waged a bank to sell the dollar right decision will save the value of the Iraqi dinar

Member of Finance Committee: Allow for (40) waged a bank to sell the dollar right decision will save the value of the Iraqi dinar
On: Wednesday 13/06/2012 12:11

Baghdad (news) .. Praised the Finance Committee MP / National Alliance / Haitham Ramadan Jubouri, the decision granting (40) Musrvat civil strife leave to sell the dollar, calling it a good decision will reduce the price of the dollar against the Iraqi dinar and facilitate the sale.
Jubouri said (of the Agency news) said on Wednesday: The decision of the Parliamentary Committee granting (40) banks, civil strife leave to sell the dollar will increase the dollar amounts involved, which leads to lower its price in front of the Iraqi dinar, noting that the multiplicity of private banks would stimulate the private sector. He added Read more…

Dabbagh: The Iraqi government agree to put a picture on the Ziggurat of Ur of the new Iraqi dinar currency

Dabbagh: The Iraqi government agree to put a picture on the Ziggurat of Ur of the new Iraqi dinar currency
Tuesday, June 12, 2012 15:42

Baghdad {: News} Euphrates government spokesman Ali al-Dabbagh, the government’s approval to put a picture on the ziggurat of the new Iraqi dinar currency.

And al-Dabbagh said in a statement to the Euphrates News Agency {} on Tuesday that “the Iraqi government agreed to include the new Iraqi currency a picture of the ziggurat in the ancient province of Dhi Qar.”

And pointed out that Read more…

Rate of Central sales exceeded $ 200 million

Rate of Central sales exceeded $ 200 million

06/11/2012 0:00 

Central Bank of Iraq open weekend its sale of $ 89 million in auction

Central Bank of Iraq open weekend its sale of $ 89 million in auction

Sales of the Iraqi Central Bank Bmzadeh for the sale and purchase of foreign currencies, on Wednesday, to record the amount of $ 89 million, compared to 154 million the previous session, the exchange rate based on 1166 Iraqi dinars for every dollar.
The bulletin issued by the Central Bank that the total volume of demand for the dollar stood at 89 million and 798 thousand dollars, covered by the central bank at an exchange rate basis was 1166 Iraqi dinars to the dollar. “The Central sales reached 154 million and 840 thousand dollars in the previous session. This comes after fall sharp dollar sales in the Central Bank on the fourth of April, after his decision to Read more…

International report: the eyes of investors in the world on the Iraqi dinar!!

International report: the eyes of investors in the world on the Iraqi dinar!!

Saturday, June 9, 2012

London / Orr News

In the currency markets, and global economic forums, focus the eyes of investors to the new conditions of the Iraqi dinar. According to an economic report released in London, that the discussions heated, about whether the Iraqi dinar was the case now (investment opportunity) better, worse or to buy the currencies of emerging. In the face of this shift,  to obtain information from reliable sources to protect their customers from which publishes rumors and false information about the Iraqi dinar. Taking careful site mentioned on the availability of integrity and transparency (when buying and selling), all investors Read more…

The Central Bank announced new steps that will raise the value of Iraqi dinar

Parliament calls for the central bank not to limit bank loans and one

09/06/2012

BAGHDAD / JD / .. Knesset Finance Committee requested the CBI not to Hsrmzad hard currency in one bank, as well as bank loans in order to avoid cases for administrative and financial corruption. A member of the Committee and MP for the rule of law, Secretary Hadi’s / JD / “The bank loans that are working on the Rasheed Bank should not be limited to the only, to avoid the occurrence of any corruption. Said Hadi:” I addressed the Bank Governor Sinan Cpie not limited to an auction sale of foreign currency in one bank so there is no monopoly on economic and not to open the door of bribery and corruption, financial and administrative front sale “.. The Central Bank announced new steps that will raise the value of Iraqi dinar against the dollar. Read more…

Iraq is trying to once again support the Iraqi dinar and the dollar to stop the flow of outside

Iraq is trying to once again support the Iraqi dinar and the dollar to stop the flow of outside

07/06/2012 10:21 AM

Babinaoz (Reuters) – say traders and officials said the Iraqi Central Bank, who is struggling to stem the illicit flow of dollars to Iran and Syria, has achieved some success in supporting the stability of its currency the Iraqi dinar by the flow of dollars to the Iraqis through banks run by the state. 
facing the bank for months, difficulty in dealing with the increase demand for the dollar in daily Mzhadath with Iqbal traders to buy the U.S. currency to sell in neighboring Syria and Iran, where galvanized the international sanctions imposed on them the demand for hard currency. 
Iraq and is recovering from decades of war and sanctions is still a centrally Read more…

Deputy: open multiple outlets to sell the dollar is good, and does not affect the cash reserve

Deputy: open multiple outlets to sell the dollar is good, and does not affect the cash reserve

Date: Thursday, 07/06/2012 10:46

Baghdad (news) .. Praised the House of Representatives MP / National Alliance / Abdul Hadi al-Hassani, a Central Bank to open more than one port for the sale of hard currency, ruling out the impact on the rate of monetary reserves located increases with increasing export capacity of oil. 
said Hassani (for the Agency news) on Thursday: The Central Bank pursued a policy of keeping the value of Iraqi dinar through its control of the pumping quantities of hard currency according to the needs the local market after opening more than one port to sell the dollar, either through auction or Iraqi banks. He pointed out: Read more…

Rasheed Bank: Support for small businesses to stimulate the national economy

Rasheed Bank: Support for small businesses to stimulate the national economy

06/06/2012 0:00 

Allocated 200 billion Iraqi dinars for the private sector 
Baghdad – Haider Filaih Rubaie 
praised the Director General of the Rasheed Bank of the importance and role of small enterprises in the development of the Iraqi economy and reducing unemployment and alleviating poverty in Iraq, pointing out that the rational decided to give wishing to establish small businesses loans of up to 20 million Iraqi dinars and the period of payment of three years, as Iraq seeks to develop the reality of investment projects and activate the production to him, said General Manager of the bank that the volume of funds allocated by the rational supporting the private sector amounted to 200 billion Iraqi dinars, pointing out that Read more…

Process of selling the dollar to the citizens come to support the family economy

Citizens praised them and specialists called for the sale of free

praised a number of specialists affairs Financial to adopt the private banks to help the Iraqi Central Bank to sell the dollar to the citizens eligible according to the instructions issued, where it can be for the traveler or going for treatment outside the country get 10 thousand dollars at 1189 Iraqi dinars per dollar. Read more…

Parliamentary Finance: The Central Bank is making good steps

Parliamentary Finance: The Central Bank is making good steps

5.6.2012
Integrity of electronic / Baghdad

Described the Finance Committee, the parliamentary: Central Bank that he has started to make good steps to restore the value of Iraqi dinar and to maintain its price in front of hard currency through the grant authority to sell hard currency for a number of commercial banks in addition to that action will be taken to open letters of credit instead of foreign exchange of currencies.

He said committee member Abdul-Hussein al-Yasiri: that the way the opening credits would force traders to open the adoption of their own by commercial Read more…

Citizens: Rafidain Bank refused to receive Basmajh Introduction Apartments in Iraqi Dinars

Citizens: Rafidain Bank refused to receive Basmajh Introduction Apartments in Iraqi Dinars

04/06/2012 8:03

Baghdad, “Iraq’s gate,” Mohammed Sharif

A number of citizens that some branches of banks, government banks, as elected by the National Investment Commission, refused to receive the premium amount in Iraqi dinars, Bde did not report it at the exchange rate under which Tjoal amount set by the Commission.

He said citizens “of the gate of Iraq” on Monday that some branches of the Rafidain Bank, specifically including a branch of the eastern door, refused to receive the payment amount in Iraqi dinars, and demanded some of which specify the exchange rate according to the price traded in the commercial market and not, as defined by the National Investment Commission. Read more…

Central Bank: sovereign bonds of Iraq the most expensive in the world

Central Bank: sovereign bonds of Iraq the most expensive in the world

Monday June 4, 2012

Central Bank of Iraq said that “international sovereign Iraqi bonds issued under the Paris Club granted a higher interest rate / not specified / purchased at prices which makes it expensive compared to the rest of the sovereign bonds rose for the rest of the countries that confer benefits by about 2%.”

The deputy governor of Bank of the appearance of Mohammed, “The current account surplus in the balance of payments amounted to about Iraqi 10% ratio to GDP (national income).” Stressing that “this will enable the Iraqi dinar rate of improvement because of the trend towards the adoption of central bank monetary policies successful.” He said.

He noted that “the Iraqi dinar on the way to improvement through the return Read more…