24/05/2012
ERBIL, Kurdistan Region- Kurdish members of Iraqi Parliament’s Finance Committee have denied that there is currently any proposed law regarding the removal of zeros on the Iraqi banknote.
Ahmad Faizulla, an MP from the Kurdistan alliance in Iraqi parliament and member of the finance committee, dismissed claims that their committee has prepared and drafted a law to alter the currency. Read the rest of this entry »
May 24, 2012 (CNH) An official source at the Central Bank for the open windows of selling the dollar in the Rafidain and Rasheed played down the low exchange rate of the dinar against the dollar to four percent, compared to teams exchange rate two weeks ago, hoping to up the difference to two percent on the price the auction.
The Vice Governor of the Central Bank of the appearance of Mohammed Saleh said the two banks of government every citizen Sepeaan ten thousand dollars up to a maximum. , Pointing out that the sale price would be a thousand and one hundred and eighty-nine dinars to the dollar Read the rest of this entry »
Expert: stock two adaptation needs to delete the zeros of the Iraqi currency
Date: Thursday, 24-05-2012 12: 20 pm
Baghdad (newsletter) … Head of economic information centre, Ali dargham project delete three zeros Iraqi currency will affect Iraq market for securities, stating that he needed two years to adapt to the new system. Read the rest of this entry »
Radeu
A member of the Commission on Security and Defence parliamentary deputy Hamid al-Mutlaq told the “Radio Sawa” The military agreements between Iraq and the United States must pass through gate of Parliament in order to avoid any fraud or waste of public money as he put it. Read the rest of this entry »
VietFinanceNews.com – Vietnam ’s economy is gradually entering a more stable macroeconomic environment after a prolonged period of heightened turbulence, said a World Bank report. Read the rest of this entry »
24/05/2012 0:00
BAGHDAD – Al Sabah
said the central bank decided that the requirement of the opening of branches of foreign banks with a capital of $ 170 million.
Deputy Governor of the Central Bank of the appearance of Mohammed Saleh (News Center for the Iraqi Media Network) that “the condition of the opening of the Central Bank foreign branches in Iraq, with a capital of $ 170 million. Read the rest of this entry »
The latest daily currency auction was held in the Central Bank of Iraq on the 24-MAY-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 9 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 96,537,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 96,537,000 |
| Total offers for selling (US$) | —– |
THURSDAY, MAY 24, 2012 05:16
Baghdad: MP in parliament Hassan Al-Alawi, on Wednesday, that the opponents of Prime Minister Nuri al-Maliki to have 200 seats in parliament, noting that the withdrawal of confidence from the meeting will be held al-Maliki and his team will lose the round, he noted that more than 20 people within the State of Law Coalition would vote against him. Read the rest of this entry »
Declared leader of the Iraqi List, Hamid al-Mutlaq, on Thursday, that the actions of withdrawal of confidence from Prime Minister Nuri al-Maliki will begin after the deadline set by the meeting of Najaf for a week, confirming the presence of a parliamentary majority capable of blocking them within the National Alliance MPs. Read the rest of this entry »
BAGHDAD / JD / .. Select the First Deputy Chairman of the House of Representatives Qusay al-Suhail, “that Iraq would be a pole of the most influential in the region and has the economic and human resources to qualify for a leadership role in it.” Read the rest of this entry »
24/05/2012
BAGHDAD / JD A delegation from the Civil Aviation Authority in the activities of the First World Summit for the aviation industry, which was held in Abu Dhabi for the period from 16-19/4/2012. Read the rest of this entry »
24/05/2012 0:00
gave the central bank, yesterday, a proposal to form a joint committee shall study the decision to delete the zeros from the currency.
The deputy governor of the Central Bank of the appearance of Mohammed’s “Centre news for the Iraqi Media Network” yesterday: The proposal, sent to the Government for the formation of a committee to study the application of the decision to delete the zeros from the currency, comprising representatives of the Central Bank of Iraq and the Council of Ministers and Vice specialists from Parliament. Read the rest of this entry »
22.05.2012 0:00
economist said that the dinar returned to the circulation of a new global financial markets for covering cash reserve of 62 billion dollars.
said economist at the Ministry of Finance Crescent Taan to increase oil production and rising gross national product of Iraq ahead with great support of the Iraqi dinar, which granted the power to enter into global capital markets trading. Read the rest of this entry »
Erbil, May 23 / May (AKnews) – The head of the Central Bank of Iraq Shabibi today that the Iraqi economy needs to be reformed to reduce its dependency on the government, where you should pay more attention to non-oil sectors of small, he said, adding that he does not need to encourage the private sector.
The network quoted France24 French, quoting Shabibi, who heads the organization since the mid-2003 as saying: “We rely entirely on the government to provide employment opportunities, and the provision of development (…) where there are a lot of people think that the development of non-oil sector will take a long time, Perhaps the easiest way to go. Read the rest of this entry »
23.05.2012 0:00
As stressed by Prime Minister Nuri al-Maliki “the need not remain the Iraqi economy dependent on oil revenue only.” However, he did not take away to put forward a true vision when stressed his government’s determination to work “to invest our revenues oil that meet the increasing rise in the development of other sectors in order to reach a diverse and stable economy is not subject to the requirements of oil and gas prices.” Read the rest of this entry »
05/23/2012 12:30 PM
Said media adviser to Iraqi Prime Minister Ali al-Moussawi said al-Maliki would not resign and that this matter out of the question is at the height of his popularity. Read the rest of this entry »
23/05/2012 16:06
Baghdad, May 23 / May (Rn) – The Finance Committee representative on Wednesday that its proposal submitted to the Central Bank of Iraq on increasing the number of agencies responsible for the sale of hard currency (bank Rafidain and Rasheed) which was applied during the last few days has contributed to raise the value of the dinar against the U.S. dollar . Read the rest of this entry »
23-05-2012 08:00 AM
Denied the deputy governor of the Central Bank of the appearance of Mohammed Saleh, a money-laundering and dealing with banks that are in accordance with the law, pointing out that the sale of more than three billion dollars in the past month of April is normal .
Saleh said in a statement to ‘Twilight News’ The rate of sales of the month of April if more than three billion dollars, it may take the form Moderate rates compared to last year, adding that the situation this year is different from the past in relation to the terms and conditions set by the central bank for traders Iraqis in purchase of foreign currency ‘. Read the rest of this entry »
05/23/2012
An official at the Central Bank of Iraq that “the goal is to reduce the Bank’s President and response rates of inflation.” Read the rest of this entry »
05/23/2012
The Central Bank of Iraq’s annual inflation rate that the base is still worrying, declaring that it rose to 6.7% for the month of April.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh told a news briefing, said that “the foundation’s annual inflation rose in the month of April, to 6.7% compared with the annual inflation basis for the month of March, who scored 6.2%, up by 1.0%.” Read the rest of this entry »
The auction No. C59 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 22-5-2012.
The total public bidding is IQD 317’500’000’000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 5.00%. Read the rest of this entry »
05/23/2012 0:26
d. The appearance of Mohammed
to the extent that has led the oil revenues, and accumulations, Ktheroh financial capitalism of the state, trends and topics of monetary policy in the framework of the so-called effects of monetary fiscal policy (whether in the dominance of public finances to create a cash basis to the Central Bank or the accumulation of foreign reserve of the Central Bank of Iraq being a the cover of the national currency in circulation outside the Central Bank), these effects of monetary public finance has become clear in making the idea of the independence of the central bank (from my personal view) is a preference for second best Second, instead of being the preferred first as you want monetary policy to the dominance of state capitalism of financial development the movement of money overall in Iraq and adjust or monitor trends in monetary and development and consumer according to an ideological hybrid imposed by the present condition and state of the economy, as an extension of the phenomena of the rentier state central. Read the rest of this entry »
On: Tuesday 22/05/2012 19:02
Called economic expert Majid picture to the need to search for Iraq’s accession to the WTO as it would make a movement of economic and large investment in the country. Said the picture in a press statement on Tuesday: Read the rest of this entry »
22/05/2012
Baghdad: JD said the World Bank prepared a plan for the next four years with regard to economic affairs of Iraq, and will identify areas of cooperation according to the priorities of the Iraqi government.
This came during a meeting with Deputy Prime Minister Dr. Nouri Shaways Roژ in Baghdad today / Tuesday, Mr. Hadi Arab Regional Director of the World Bank and the delegation accompanying him. Read the rest of this entry »
On: Wednesday 23/5/2012 6:12
called economic expert Majid picture to the need to search for Iraq’s accession to the WTO, they will make there is economic activity and substantial investment in the country.
said the picture according to the Agency (news): The WTO is made up of a coalition of countries, a global advanced in all fields Kalsnaaah economic, agricultural, commercial, and the accession of Iraq to gain him the experience of those countries to develop its economy, adding that it would allow Iraq to deal with these countries and cooperation among them. Read the rest of this entry »
