2012-04-11
BAGHDAD (Iba) .. Recommended to the Ministerial Committee on the Status of a mechanism to ensure the protection of Iraq’s money the Council of Ministers to submit a formal request on behalf of the Government of the Republic of Iraq through the Ministry of Foreign Affairs to the U.S. Government to issue a presidential decree provides new protection for Iraqi funds for a new year with effect from 20 May 2012 (more…)
Date: Thursday, 04.12.2012 0:42
Many experts have warned Iraq of the consequences of non-renewal of the protection of U.S. Iraqi funds that will be vulnerable to looting by the fictitious claimants compensation in the words of the CBI.
Economic Committee of the Iraqi Council of Ministers resolution calling on the Prime Minister and the Foreign Ministry to address the U.S. President Obama about the possibility of extending the protection period for the money another year. And held a special ministerial committee to develop a mechanism to ensure the protection of Iraq’s money in its twentieth meeting on Wednesday morning under the chairmanship of Deputy Prime Minister Dr. Roژ Nuri Shaways and the presence of ministers of finance and oil, Justice and President of the Office of Financial Supervision and Governor of Central Bank of Iraq and Clai and Foreign Ministries of Planning and Legal Adviser to the Prime Minister and Advisor Deputy Prime Minister. (more…)
The finance committee in the Iraqi Council of Representatives warned on Wednesday about the deterioration of the Iraqi economy due to the low exchange rate of the dinar to the US dollar, assuring that proposals are underway to get the country back on its feet, reports AKnews. (more…)
10/04/2012 07:17 PM
MP for the rule of law, Awad al-Awadi, everyone agrees that the legislation on oil and gas law, provided that there are measures in the House of Representatives and the Committee for the oil and energy to the enactment of this Act.
He said in a statement to (the people) that there Marqlat and the first of the draft law submitted by the government as well as the proposal came from the House of Representatives.
On: Wednesday 04/11/2012 13:23
Council called for the province of Dhi Qar, during its meeting held on Tuesday, the Iraqi national currency include symbols of the civilization of the province, such as currency exchange associated with the deletion of zeros from the currency. ” (more…)
04/12/2012 1:46
The center of his claim to take more effective measures
As witnessed domestic market made notable gains in commodity prices and various materials by the high prices of the dollar, the central bank said it was taking firm action he said was enough to revive the reality of the dinar and reduce the prices of the dollar, which rose in a clear and significant during the past few days, in the meantime has escalated calls to take take urgent and immediate action to reduce the prices of the dollar, and called for those calls the central bank to act immediately to reduce the high rates of the dollar, saying the rise of the dollar factor that could undermine many of the economic gains achieved during the past years, especially with low inflation and alleviate poverty and increase growth rates. (more…)
11-04-2012 02:38 PM
Called on the Iraqi List, Hamid al-Mutlaq, the government for urgent action to prevent the deterioration of the Iraqi economy and to stop the decline in the exchange rate of the dinar against foreign currency.
He said in a press statement today that the government move urgently to stop the Iraqi Tdhoralaguetsad and stop its currency falling in front of a set of hard currency in the Forefront of measures to stop and prevent the smuggling of foreign currency abroad and non-interference in the work of the Iraqi Central Bank ‘. (more…)
04/11/2012
emphasized the parliamentary Finance Committee not to vote on the resolution link the Central Bank of the House of Representatives and annexed to the Cabinet as a violation of the Iraqi Constitution.
Said committee member MP for the Liberal bloc internalized within the National Alliance Majida al-Tamimi’s / JD / “All of Representatives will not vote on the resolution link the Central Bank of Iraqi Council of Representatives.” (more…)
Date: Thursday, 04.12.2012 1:04
A member of the Parliamentary Finance Committee, Haitham al-Jubouri, today, the Iraqi traders Asubho mafia beat the Iraqi market by dollar smuggling to neighboring countries.
Jubouri said L / citizen / “that the siege imposed on Iran and Syria make them in need of hard currency (dollar) which is exploited by Almava Iraqi traders and worked to smuggle the currency of two countries at the expense of the national economy.” (more…)
11/04/2012 11:49
Baghdad, April 11 / April (Rn) – The Kuwaiti Embassy in Baghdad on Wednesday, 50 companies from entering the Kuwaiti to work in Iraq at the end of this month.
He said the Kuwaiti ambassador to Baghdad, to the insured, told the Kurdish news agency (Rn) that “50 companies will enter the Iraqi market Kotah at the end of this month, after he reviewed the details of the investment law by the President of the Investment Authority, Sami al-Araji, who visited Kuwait recently.” (more…)
VietFinanceNews.com – The State Bank of Vietnam has used around VND130 trillion to buy $6.23 billion worth of foreign currencies from banking systems for the national reserve.
The central bank has also sold some $100 million for the banking system, SBV Governor Nguyen Van Binh said at a recent meeting with the chairpersons and general directors of 14 Vietnamese commercial banks. (more…)
Posted 10/04/2012 01:01 PM
The President of the Iraqi Council of Representatives Osama Najafi, should not be a dependency of the Central Bank to the Government, considering that in order to prevent the seizure of Iraqi funds.
Nujaifi said in a press statement after meeting with Iraqi Central Bank Governor Sinan Mohammed Rida al-Shabibi, he reviewed with Shabibi economic conditions and the reality of the Central Bank, stressing that “the central bank is independent and responsible on the basis of the provisions of Article (103) of paragraph (2) of the Iraqi Constitution , as well as Article 2/2 from the Iraqi Central Bank Act 56 of 2004. ” (more…)
11/04/2012 15:10
Baghdad, April 11 (Rn) – The Preparatory Committee for the National Conference on Wednesday, it expects to hold its eighth meeting next week for the purpose of reaching a consolidated working paper.
The Preparatory Committee failed Wednesday to agree on the agenda of the National Congress, which was scheduled to take place last Thursday at the invitation of President Jalal Talabani. (more…)
UNITED NATIONS, April 10 (KUNA) — Martin Kobler, the Head of the UN Assistance Mission in Iraq (UNAMI) and Iraqi Ambassador to the UN Hamid Al-Bayati informed the Security Council (UNSC) of the recent strides both Kuwait and Iraq made to normalize their relations.
(more…)
11/4/2012 12:00
House of Representatives decided to host the Iraqi Central Bank Governor Sinan Shabibi in a special session to discuss the high exchange rate of the dollar against the dinar.
has received the Speaker of Parliament Osama Najafi in his official yesterday, Shabibi, and reviewed with him the economic situation and the reality of the work of the Central Bank. (more…)
On: Wednesday 11/4/2012 9:25
Attributed the central bank governor Sinan Shabibi during a meeting with House Speaker Osama Najafi reasons for the high exchange rate of the dollar against the dinar to the political situation tense internally and regionally. Saw the dinar exchange rate declined significantly over the last few days against the U.S. dollar to reach in local markets to 126.5 thousand dinars for the paper category percent dollars.
A statement by the Office of the Prime Najafi Iraqi Council of Representatives met in his office in the Central Bank Governor Sinan Mohammed Rida al-Shabibi and reviewed with him the economic situation and the reality of the work of the Central Bank. (more…)
Wednesday, April 11 / April 2012 11:16
Face of the cabinet to form a committee to study the fluctuation of the exchange rate of Iraqi dinar and propose appropriate solutions to prevent damage.
The channel quoted the Iraqi semi-official said Wednesday that he sent the Council of Ministers set up a committee to study the fluctuation of the exchange rate of the Iraqi dinar. (more…)
04/11/2012 0:00
at a time when the dollar rises a large, reinforced the central bank procedures, which he said can help control its exchange rate and restore the dollar to its natural state, comes this action after a wave heights reached during which the dollar price exchange of more than 1320, a figure said by many experts as a danger and could affect the dozens of economic achievements made during the periods of years, mainly with low inflation, which threatens to rise in the exchange rate upwards significantly during the next few days if it does not address the topic as soon as possible . (more…)
Posted 11/04/2012 08:31 AM
Babinaoz (Reuters) – at a time when the exchange rate of the dinar against the dollar rose, strengthened by the actions taken yesterday by the government and the Iraqi Central Bank to control exchange rates.
The House of Representatives decided climb Central Bank Governor Sinan Shabibi, attributed the recent causes of the rise to four reasons, the most prominent regional events. Saw yesterday, a rise in the exchange rate, reaching a commercial rate of exchange of the dollar against the dinar 1320. (more…)
11 April, 2012 12:39:00
Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, said that the bank is still going to hold daily Mzhadath aimed at creating a balance of price between the dollar and the dinar.
He noted the benefit according to a statement that the Central Bank of touch recently mismatch between the needs of the market from the dollar and what is being purchased in daily auctions of the coin, which invited him to look for reasons for this popularity is not reasonable to buy the dollar at a time does not need the size of the exchanges, only a quarter of what is pumped from the dollar. (more…)
On: Wednesday 11/4/2012 9:31
A member of the parliamentary Economic Committee that “make the central bank is linked to the government to try to bypass the Iraqi capital and the balance in the sovereign internal transfers and internal stability, and the dominance of the central bank by the government.”
A member of the Committee Mahma Khalil told all of Iraq, yesterday, said that “Parliament will have a word in this matter, and will not pass it unnoticed to the Council,” asserting that “connect the bank’s government, a dangerous phenomenon and override the Constitution and the will of the Iraqi people.” (more…)
On: Wednesday 11/4/2012 9:23
Invited member of the Finance Committee in the House of Representatives Najiba Najib to activate the various economic sectors through the development of a strategic plan based on a scientific basis for the advancement of the national economy, said Najib, according to the Agency (news): You should develop a strategic plan, whether a five-year or decimal (more…)
Tuesday, 10 April 2012 21:12 | | |
Baghdad (AIN) –The Speaker, Osama al-Nijaifi, assured that the independence of the Central Bank of Iraq will save the Iraqi money.
In a statement received by AIN on Tuesday and while received the Governor of the CBI, Nijaifi stated “We assure on the independence of the CBI according to the item (103) of Article (2) of the constitution and item (2/2) of the CBI law 56 of 2004.” (more…)
Tuesday, 10 April 2012
Baghdad (AIN) –The member of the Parliamentary Financial Committee MP, Najiba Najib, threatened that the Committee will have a stance over the supervision of the government on the Central Bank of Iraq.
She stated to All Iraq News Agency (AIN) on Tuesday “It is a dangerous issue to make the government supervise the Central Bank which is not for the benefit of Iraq,” assuring the refusal of the Committee to “Make it related to the government.” (more…)
10-04-2012
Welcomed the Kurdistan Alliance MP Mohsen Saadoun remarks made by the Secretary-General of the United Nations Ban Ki-moon warned that the consequences of the continuation of the current political crisis, with reduced MP for the coalition of state law, Samira al-Musawi of the importance of what came in the report.
And MP Saadoun told “Radio Sawa” is what Ban Ki-moon on the situation in Iraq as significant, and demanded that all political leaders that take into consideration the words moon and resolve outstanding problems, which “turned into a popular demand.” (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 11-APR-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 10 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 151,097,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 151,097,000 |
| Total offers for selling (US$) | —– |
11/04/2012 11:49
Baghdad, April 11 / April (Rn) – The Kuwaiti Embassy in Baghdad on Wednesday, 50 companies from entering the Kuwaiti to work in Iraq at the end of this month.
He said the Kuwaiti ambassador to Baghdad, to the insured, told the Kurdish news agency (Rn) that “50 companies will enter the Iraqi market Kotah at the end of this month, after he reviewed the details of the investment law by the President of the Investment Authority, Sami al-Araji, who visited Kuwait recently.” (more…)
