April 26, 2012
BAGHDAD / JD / .. revealed the parliamentary finance committee a new step the central bank to implement an auction sale is handed over to a hard currency Iraqi banks, weighted assume Trade Bank of Iraq this auction.
A member of the Finance Committee, the Parliamentary Secretary Hadi Abbas’s / JD / “The Central Bank of Iraq plan to give banks a good Iraqis and the Iraqi Trade the responsibility of selling the dollar auction.” (more…)
04/25/2012
Baghdad: JD Department of Commerce announced in a statement broadcast by Information Office of the Deputy Minister Walid al-Habib al-Musawi delegation was led by the Iraqi Technical Co in the activities of the UN Conference on Trade and Development (Alanoctad) thirteenth, which is currently being held in the Qatari capital Doha for the period from 21 to 26 of this month.
The delegation includes representatives from the Ministries of Foreign Affairs, Finance and Industry and Minerals as well as a representative of the Central Bank and National Investment Commission as well as private sector representatives from the Federation of Chambers of Commerce and the Federation of Iraqi Industries. (more…)
Tuesday, 24 April 2012
A recent report called on oil companies and the international community to not make any agreements on disputed territories in Iraq, adding that time was running out to reach a solution for both Iraq’s Kurds and the government in Baghdad.
The latest International Crisis Group report “Iraq and the Kurds: The High-Stakes Hydrocarbons Gambit,” released on April 19, called on the Kurdistan Regional Government (KRG) and Baghdad government to resume negotiations on the status of disputed internal boundaries and a federal hydrocarbons law. (more…)
Delete The Zeros Of The Interface Dinaraaud Media
Tuesday, April 24, 2012 11:13
A member of the Economic Committee in the Iraqi Parliament’s decision to wait delete the zeros and the restructuring of the Iraqi currency was the result of Alakhlavat (disagreement) existing between the political parties.
Said Mahma Khalil in a statement that the Economic Commission emphasized the re-structuring of the Iraqi currency and the issuance of new currency (more…)
25/04/2012 11:21
Baghdad, April 25 (Rn) – The Central Bank of Iraq Wednesday, about his quest for the transfer of an auction sale of foreign currency (the dollar) to a commercial bank government, saying the auction is not within its terms of reference, and criticized in a living the same accusations made against him on the mechanism adopted by the sell the currency.
saw the price of the dollar relative to local currency increased during the past few days, which is attributed by officials of companies banking local to stop the central bank sales of foreign currency. and picked up local media reports about the widening phenomenon of smuggling hard currency from Iraq to Syria and Iran on the border crossing points, a unless confirmed by the CBI. (more…)
Attorney charge likely exit from Iraq during the period subject to item VII coming
Date: Wednesday, 25-04-2012 11: 06 am
Baghdad (newsletter) …Economy and Investment Committee Member said Parliamentary Deputy/National Alliance, charge/Faleh Iraq exit from huge item VII during the next few, after the return of bilateral relations between Iraq and Kuwait. (more…)
24/04/2012 – 09:52
Announced that the Iraqi embassy in Kuwait, Tuesday, for delivery of some private property archive newspaper Kuwait News and articles belonging to the Central Bank of Kuwait to the Kuwaiti side, and showed that it comes in implementation of the obligations of Iraq by resolution 833 international and item on the delivery of Kuwaiti property stolen during the Iraqi invasion of Kuwait.
He said Iraq’s ambassador to Kuwait, Mohammad Hussein Bahr al-Ulum said in an interview for “Alsumaria News”, “the Iraqi embassy delivered a week ago, some private property archive newspaper Kuwait News from tapes Micro did not,” noting that “these materials have been found in some Iraqi ministries” . (more…)
Iraq participates in the joint Spring Meetings of the World Bank and International Monetary Fund, which began Friday in the U.S. capital Washington and continue for three days.
He said Finance Minister Rafie al-Issawi, who heads the Iraqi delegation that Iraq is seeking to benefit from the experiences of the World Bank in the rehabilitation of infrastructure in all areas. (more…)
Economic seminar drew a map of the reform model and identified the course of the relationship between the public and private sectors Baghdad Yasser incumbent Hussein Tgb raised the Business Council of the Iraqi National important questions on the road to illustrate the path of the professional relationship between the government and the private sector during his lecture tagged (TBI basic foundation of the Iraqi economy and the private sector) as banks, government and plays an important role at this stage and immune from international sanctions imposed on the banking sector, the government under Chapter VII. (more…)
On: Wednesday 04/25/2012 11:05
Baghdad (news) .. Expected decision of the Committee of Economic parliamentary deputy / Kurdish coalition blocs / Mahma Khalilzad, the restoration of the Iraqi dinar and normal in the coming period, after the necessary measures taken by the monetary policy to fetch up to (1166) dinars to the dollar. (more…)
04/25/2012 – 11:28
Central Bank of Iraq, Wednesday, that he would give up an auction sale of hard currency in the coming days for the benefit of a State-owned banks, while stressing the arrival of foreign exchange reserves to $ 63 billion, pointed out that the daily sales of more than fifty times the need for Iraq.
The deputy governor of the Bank Mazhar Mohammad Saleh in an interview for “Alsumaria News”, “Central Bank of Iraq would work during the coming period, in agreement with the Ministry of Finance and other government agencies to transform the auction sale of hard currency to one of the state banks sink Mesopotamia or good or banks in other business,” asserting that “the central bank would be prepared to provide the bank will take it upon himself to conduct the auction, including the daily needs of hard currency.” (more…)
Date: Wednesday, 25-04-2012 12: 04 pm
Baghdad (newsletter) … Economic expert explained the reasons for fluctuations in the price of fictitious Majed gold in local markets due to the instability of the exchange rate of US dollar to Iraqi dinar.
He mock (News Agency news) on Wednesday: the instability of the exchange rate of US dollar to Iraqi dinar current period behind the gold price volatility in the local market, the fact that the relationship between reverse any wrongdoing (the higher the value of the dollar gold price and vice versa as well). (more…)
The auction No. C57 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value for the bills concluded on 24-4-2012.
The total public bidding is IQD 401’000’000’000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 5.00%. (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 25-APR-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 17 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 118,688,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 118,688,000 |
| Total offers for selling (US$) | —– |
