Archive for March 5, 2013

05/03/2013 17:43:00
Baghdad / NINA /– After adjourning before noon today for half an hour its today session for lack of quorum , House of Representatives adjourned definitely the session to tomorrow for lack of quorum also. (more…)

Date: 13/03/05 10: 48: 40 Tuesday

Baghdad (newsletter). Detection of economy and Investment Committee member MP//Salman al-Musawi, a faith in the House of representatives to amend the law on the Ministry of industry as support for the private industrial sector, likely legislation following the adoption of the general budget.

He said al-Musawi (News Agency): the Ministry of industry had the package of amendments during past periods, but still need further amendments adapted to the policy of free market economy.
(more…)

Date: 13/03/05 13: 43: 51 Tuesday

Member of the Economic Committee said MP//-abbasn sheyaa, that the current monetary policy by the Central Bank were not encouraging for the economy, stressing that money-laundering operations are still underway in the country.

Said sheyaa (News Agency): that the current monetary policy at the Central Bank by question marks from economists and specialists on the actions taken in the process of selling hard currency and foreign money transfers. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 5-Mar-2013. The results were as follows:

DETAILS NOTES
Number of banks 18
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 113,103,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 113,103,000
Total offers for selling (US$) —–

Exchange rates