The latest daily currency auction was held in the Central Bank of Iraq on the 22-JUN-2011. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 18 |
| Auction price selling dinar / US$ | 1170 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 174,457,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 174,457,000 |
| Total offers for selling (US$)
THE CURRENCY NEWSHOUND
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Central Bank Governor: strictly monitor the performance of private banks and intervene in the event of a defect
He said the Iraqi Central Bank Governor Dr Sinan Shabibi, Alatneben, the Iraqi Central Bank monitors closely the performance of private banks for fear of any defect in its performance threatens its financial position.
He Shabibi during the second meeting of the independent bodies with the prime minister said on Monday that “the bank person flaw in one of the private banks (without naming him) and when he found that disturbing Taadm put the Central Bank of his hand on the bank and Akhaddah to administer direct Hfada on the rights of depositors and the bank another suffered from problems less, we cooperate with him for the conduct of its affairs and put it on towards the right way to perform. “
Tuesday 21 حزيران 2011 16:02 GMT
To meet with Prime Minister Nuri al-Maliki heads of independent bodies focused on talking about corruption and ways to fight it as He made it clear that the campaign launched by Iraq has never seen corruption like the rest of the world, stressing the success of the campaign to reduce levels of corruption in it.
Prime Minister / Nuri al-Maliki:
MACON country which can be launched a crackdown on corruption, such as Iraq and this is a good thing, of course, is afraid to show the community is to become a pariah and an accountant with all supplements to the standards that our campaign succeeded when Holnaha to popular demand governmental request a procedural requirement.
Rapidly emerging as one of the world’s fastest growing economies, Iraq is a place that few global private equity investors can afford to miss; writes Zaab Sethna.
20 June 2011
Investor interest and activity are growing rapidly. The country is enjoying a rush of foreign direct investment in a broad range of sectors and the NGP Iraq20 Index, which tracks the 20 largest companies by market capitalization on the nascent Iraq Stock Exchange, is up 35% this year. Private equity investment is also starting to take off, offering rich pickings for early movers.
A number of fairly unique characteristics and trends are driving the increase in foreign participation through all Iraqi investment classes. First amongst these is Iraq’s immense natural wealth. The country’s oil reserves are potentially the world’s largest, estimated by some industry insiders to be up to 300 billion barrels (bbl). In comparison, Saudi Arabia has the world’s largest proven reserves at 264 bbl. Iraq’s current proven reserves number, 143 bbl, is based on outdated data and will be revised as exploration resumes after 30 years hiatus.
Tuesday June 21, 2011
Prime Minister deliver a speech today on the assessment of the deadline set by the government
Is scheduled to throw Prime Minister Nuri al-Maliki said a word about the evaluation period of one hundred days set by the government.
The sources quoted the newspaper close to the government source as saying: “that Maliki will be highlighted in his speech on the challenges faced by the work of the government at various levels, and Implications of this period to activate the performance of Ministers and the landing to the fields of employment, and the resulting level revealed the strengths and weaknesses”.
BAGHDAD (Alsumaria News): Deputy for a coalition of state law, Tuesday, that the extension to the survival of U.S. forces in Iraq needs a new agreement between Baghdad and Washington, indicating that the survival of these forces must be unanimous national levels.
Said Saad Muttalibi in a press interview that “any new agreement to keep U.S. troops in Iraq should be the features differ from the Convention currently in force and will be based on national interest,” saying “the absence of any decision to extend the survival of those forces at the moment.” “The extension must obtain a national consensus and a new agreement is the previous agreement.
The latest daily currency auction was held in the Central Bank of Iraq on the 21-JUN-2011. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 22 |
| Auction price selling dinar / US$ | 1170 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 152,557,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 152,557,000 |
| Total offers for selling (US$) | —– |
