15 April, 2012 07:19:00
Confirmed the Council of Ministers, that the law obliged the Iraqi Central Bank to exchange information, views and coordinate monetary policy with the central government, pointing out that this is what is currently required by the government. (more…)
Sunday, April 15 / April 2012 17:15
Baghdad {: News} Euphrates Vice President of the Central Bank of the appearance of Mohammed Saleh, said that the bank reserves of foreign currency cover the needs of the market completely.
Said Saleh told {Euphrates News} “The central bank reserves of foreign currency cover the needs of the market and by 120% of the market needs so that if it were to withdraw all existing foreign currency in the market, the central bank is able to cover the local market,” he said. ” central bank’s reserves of foreign currency up to $ 62 billion. ” (more…)
Jubouri: low dangerous phenomenon of the Iraqi dinar and the financial authorities to pay attention
Sunday, April 15 / April 2012 12:59
{News} Baghdad, Euphrates MP for the Iraqi List, Omar al-Jubouri that the decline in the Iraqi dinar and dangerous phenomenon on the financial authorities of Iraq to pay attention to this subject and Atattabrh normal condition.
And the decline of the Iraqi currency exchange rate in a banner during the past few days against foreign currencies, particularly the U.S. dollar, raising fears among the citizens of the continuing decline. (more…)
Sunday, April 15 / April 2012
BAGHDAD / With: Deputy Governor of the Bank predicted the appearance of Mohammed Saleh, Sunday, low price of the dollar against the Iraqi dinar in the coming days. (more…)
14/04/2012 PM – 10:37 PM
Warned Prime Minister Nuri al-Maliki on Saturday, politicians of “playing to the Constitution,” stressing the possibility of early elections if the people have demanded this, while pointing out that the peaceful transfer of power in the country were to be repeated four times and for the fifth time.
Al-Maliki said during a conference for families of Iraq under the slogan (the success of the Baghdad summit emphasized the leading role of Iraq in the Arab and regional levels), held in Baghdad that “no one should be singing outside the flock of Iraq, and so things got days of the Arab summit, but did not affect,” calling the so-called ” fiery statements to the need to review the same. ” (more…)
15-04-2012
I noted the weakness in the government controlled Central Bank of Iraq on the process of foreign exchange to the dollar, a number of experts (range) that the central bank has succeeded to a large extent, except in its monetary policy to raise interest rates at banks. He called head of economic studies at the University of Mustansiriya Abdul Rahman al-Mashhadani to the need to give the Central Bank of the field enough to do to complete the rest of the procedures, saying the bank’s policy going the right way. (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 15-APR-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 12 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 107,398,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 107,398,000 |
| Total offers for selling (US$) | —– |
About the Spring Meetings
Each Spring, thousands of government officials, the private sector, journalists, civil society representatives, and other interested observers gather in Washington DC for the Spring Meetings of the IMF and the World Bank.
At the heart of the gathering are meetings of the IMF’s International Monetary and Financial Committee and the joint World Bank-IMF Development Committee, which discuss progress on the work of the IMF and the World Bank. Also featured are seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world’s financial markets.
The plenary session of the IMF and the World Bank’s Boards of Governors is scheduled only during the Annual Meetings in the autumn. (more…)
