Accused the parliamentary Economic Committee, Thursday, government departments of banks authorized to buy and sell the dollar to “forging documents to sell the dollar to some brokers in the black market.
Confirmed that it will all the necessary measures to prosecute the case involved, as well as approach the regulatory authorities concerned. (more…)
12/07/2012 13:38
Baghdad, July 12 (Rn) – The block free of the Sadrist movement Thursday for submission of the proposed law site 100 includes a deputy of the mandate of the three presidencies of the Republic, ministers, MPs for two sessions only.
The provision of the proposed law after less than ten days the invitation launched by the cleric Moqtada al-Sadr to the House of Representatives to vote on the law sets out the mandates of the three presidencies two sessions to avoid what he described as “dictatorships.” (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 12-JULY-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 30 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 264,587,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 264,587,000 |
| Total offers for selling (US$) | —– |
Preparing to clarify parliamentary financial reasons for reluctance on the currency changeover
The parliamentary Finance Committee, announced Wednesday, ready to clarify the reasons for the reluctance of the Council of Ministers on the changeover, although the Central Bank of Iraq confirmed its ability to it without fraud affect the national economy.
Committee member Ahmed said in an interview for the tracks “Sumerian news”, that “the Iraqi Government still reluctant decision to replace currency being concerned that this may lead to significant fraud,” he said, adding that “the Commission agreed two weeks earlier with the Central Bank on how to replace the local currency after deleting three zeros. (more…)
12/07/2012 0:00
Most notably the lifting of the capital of the TBI to a trillion dinars
recommended to the Committee on Economic Affairs in the Council of Ministers to increase the capital of the Trade Bank of Iraq of 500 billion dinars to the trillion dinars in addition to the four important decisions the other. (more…)
