Archive for January 10, 2012

Three presidencies will meet this evening at the home of Talabani to discuss the current political crisis

Posted: January 10, 2012 in Iraqi Dinar/Politics, Top Headlines
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Tuesday, 10 January 2012

Complexity of the three presidencies meeting this evening at the home of President Jalal Talabani to discuss the current political crisis.

A source in the Iraqi List, told all of Iraq [where] on Tuesday that “the three presidencies [President Jalal Talabani, Prime Minister Nuri al-Maliki, parliament speaker Osama al] will be held Tuesday evening meeting at the home of Talabani to discuss the developments in the political process and preparations for the National Conference to be held by the end of this month and topics that will be included in it. ” (more…)

Low price of the Iraqi dinar against the dollar is catastrophic

Posted: January 10, 2012 in Iraqi Dinar/Politics, Top Headlines
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Posted 09/01/2012 10:31 AM

BAGHDAD – Babinaoz (Reuters) – The member of the Finance Committee, the parliamentary deputy Haitham Jubouri Central Bank to increase liquidity to maintain the value of the Iraqi dinar against the U.S. dollar. Jubouri said that “Iraqi currency in recent years have seen a fluctuation large a decline in the price of the Iraqi dinar against the U.S. dollar This catastrophic economic damage to all citizens.

“He added Jubouri:” The central bank should take its role in this matter, as the issue price of the dinar based on demand and supply and therefore should increase liquidity in order to preserve the value of Iraqi dinar and offset the U.S. dollar. ” (more…)

Parliamentary committee: Can not pass a law of oil and gas without the Iraqi List

Posted: January 10, 2012 in Iraqi Dinar/Politics
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10/01/2012 10:43

Baghdad, January 10 (Rn) – The Commission on oil and energy parliamentary Tuesday, it had postponed a debate on the draft law of oil and gas within the Commission because of the absent members of the Iraqi List of meetings, noting that this law, a compromise can not be voted on only the existence of all.

The Committee had revealed (01/03/2012) about the agreement in principle has recently been the province of Kurdistan and the federal government on a new formula to approve oil and gas law, explaining that she was currently working to translate the compatibility with a combination of law and the draft proposal. (more…)

Central Bureau of Statistics: Rising inflation index for the previous year 6%

Posted: January 10, 2012 in Iraqi Dinar/Politics, Top Headlines
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On: Tue 01/10/2012 11:02

Baghdad (news) .. The Central Agency for Statistics of the Ministry of Planning for the high annual inflation index for 2011 (6%) compared with the previous year 2010.

He said a press release issued by the device: the index of monthly inflation for the month of last December of 2011 witnessed a slight hit (1%) compared with last November (more…)

Iraq Ministry of Planning: the annual inflation rate of 1% last month

Posted: January 10, 2012 in Iraqi Dinar/Politics, Top Headlines
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10/01/2012 14:29

Baghdad, January 10 January (Rn) – The Iraqi Ministry of Planning of the Federal Tuesday, the high annual inflation for the month of December last January by 1% compared with the month of November.

He said the ministry spokesman Abdul Zahra al-Hindawi told the Kurdish news agency (Rn) that “the rate of inflation for the month of December rose by 1% compared with November of last year.” (more…)

President Najafi request the assistance of United Nations

Posted: January 10, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines
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Tuesday, 10/01/2012

BAGHDAD (Union) – The head of the Iraqi parliament “parliament,” Osama Najafi yesterday the United Nations, to help Iraq to complete the democratic transitions that have not been completed as a result of successive bottlenecks.

Nujaifi said at a meeting of the Special Representative of the United Nations in Iraq, Martin Kobler in Parliament yesterday, said that the international organization “to help Iraq to complete the democratic transitions that have not completed their image after the result of mishaps successive,” stressing “the importance of supporting the United Nations Iraq on the subject out of Chapter VII , and actively seek and seriously to end this. ” (more…)

Eighth session of Iraqi-UAE Committee starts this month

Posted: January 10, 2012 in Iraqi Dinar/Politics
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10/01/2012 14:42:00
Baghdad (NINA) – Ministry of Trade announced the start of the meetings of the eighth session of the Joint Iraqi-UAE Committee in the second half of this month.

Hashim Mohammed, Director General of the Foreign Economic Relations Department at the Ministry said in a press statement that the meetings are scheduled to begin at the period from 15-16 this month in Abu Dhabi. (more…)

National Coalition Deputy: Iraq under Chapter VII allows US troops to return to the country

Posted: January 10, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines
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Deputy of coalition expressed his belief that the rule of law to Iraq under Article Seven of the UN Security Council to allow the United States of interfering in the affairs of Iraq.

Mp jawad said البزوني told [where] that ” the survival of Iraq in the seventh article of the UN Security Council to allow the United States and of interfering in the affairs of Iraq and it is possible to go back at any time it does not even in a position to dismiss the current government and the formation of a government crisis, the general conduct of the business of ماشابه, in, in, in, if the differences between the political blocs in the country.” (more…)

Diwaniya calls for government banks to take over the affected currencies being guaranteed by the CBI

Posted: January 10, 2012 in Iraqi Dinar/Politics
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10/1/2012

Diwaniya called Diwaniyah, Tuesday, government banks in the province to take over the Iraqi currency affected by the different groups, confirming that they are guaranteed by the Central Bank of Iraq.

The deputy governor of Diwaniya for Financial Affairs Abbas Jubouri in an interview for “Alsumaria News”, “on the government banks in the province recognizes the currencies affected citizens, especially of the class 250 and 1000 dinars if the damage was not lost its features completely.” He added Jubouri that “the banks and filling stations, merchants and community collection refuses to recognize those currencies of the citizens who obtained it by trading in local markets, “adding that” it is damaging economic citizens and the province. ” (more…)

CBI: regional variables played a role in the rise of the dollar in Iraq

Posted: January 10, 2012 in Iraqi Dinar/Politics, Top Headlines
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01/09/2012 10:29

The Central Bank of Iraq, Monday, that “the regional variables surrounding Iraq played a role in the rise of the dollar and sales of the bank, warning that it will reflect negatively on its reserves of hard currency.”

It quoted “Alsumaria News” Deputy Governor of the Central Bank of the appearance of Mohammed “,” The exchange rate U.S. dollar against the Iraqi dinar in the Iraqi market, as well as higher sales of the Iraqi Central Bank foreign currency due to the financing of trade neighboring countries by the Iraqi traders ” , noting that “the central bank sales of foreign currency during the beginning of the year 2012 is now weaker than it was to be sold during the year 2010 (more…)

CBI Daily Currency Auction Jan 10 2012: $206.7 million

Posted: January 10, 2012 in Iraqi Dinar/Politics
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The latest daily currency auction was held in the Central Bank of Iraq on the 10-JAN-2012. The results were as follows:

DETAILS NOTES
Number of banks 27
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 206,745,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 206,745,000
Total offers for selling (US$) —–