Posts Tagged ‘Dinar’

Sunday, 01 November / 1 December 2013 07:05

According to statistics prepared by all of Iraq [where] that dollar sales at the central bank auction last month rose in November for auction sales in October.

Amounted to dollar sales in the month of November 3 billion and 803.691 million compared to $ two billion and 191 million and 456 000 dollars in October while sales were during the month of September 5 billion and 275 million and 645 000 dollars in the month of August 4 billion and 563 million and 751 000 dollars. (more…)

Financial representative calls for the Central Bank to wait with its decision a (50) thousand dinars

26-11-2013 10:25 AM
Baghdad (newsletter). The parliamentary Finance Committee, called on the Central Bank to wait with the decision of the Iraqi currency (50) thousand dinars, stressing the importance of issuing coins with small groups to support the balance of Exchange in the country.

Committee member Rep. Jimmy capable (News Agency): he was the first Central Bank in consultation with the Government and the Parliament before deciding to release the Iraqi currency class (50) thousand dinars and small metal categories. (more…)

Central bank: we will produce next year, the currency (50) thousand dinars and small coins in Arabic and Kurdish

Revealed the CBI, on Friday, expressed his intention to issue coins denominations are small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the presence of a proposal for issuing Banknotes large value of fifty thousand dinars.

The governor of the Central Bank and the Agency Abdel Basset Turki said in an interview to the (long-Presse), “The Central Bank is currently working in accordance with the tables and under the supervision of specialized committees to issue new coins with large groups.” (more…)

11/22/2013 15:13:00

Confirmed a member of the Finance Committee Kurdistan Alliance MP Najiba Najib that the actions of the central bank to issue new bonds in dinars within the Bank’s policy to improve the value of the Iraqi currency against other currencies. (more…)

15/11/2013

Intends to CBI, as part of its plans to reduce the level of inflation, to issue a bond loan in Iraqi dinars, and for the first time since 2003.

announced general manager combating money laundering and terrorism financing in the bank Khalid Hameed Cltag, the issuance of these bonds will pull block yet Markets estimated three billion dinars. to that expressed Economists satisfaction with the move, which they described as good, and said it will contribute to reducing inflation, calling for the central bank to the need to educate the citizens of the importance of these bonds and benefits of financial such as launch. (more…)

29 October 2013
Predicted Chairman of the Finance Committee in the House of Representatives Haider Abadi, the late arrival of the draft 2014 budget law to the Council to contain the problems in the financial structure, revealing that the discussions of the Ministerial Committee for examining the details of the ongoing budget.

He Abadi hoped the arrival of the budget to the House of Representatives before the holiday legislative and the end of the year, according to the constitution, likely delayed arrival and استغراقها in the discussions to the next year, which is unwelcome to overlap with the campaign because it will affect ordinary citizens and affect the activity of the state in general and enters bargains . (more…)

07/10/2013 15:24:00
Baghdad / NINA /– House of Representatives decided to agree on the date the thirtieth of April of the next year as the date for parliamentary elections.

bit.ly/19vOY6u

Sale of crude oil in local currency

09/25/2013 12:00 AM

said researcher economic state fair: that of Iraq to sell crude oil in local currency depends on the stability of the general situation of the country as well as the stability of the dinar exchange rate and recorded as currency global.

said in a statement (morning) that the moment is appropriate to take such a step because stability currency linked to the stability of the economic situation and the country’s public, as well as that any fluctuation is happening in global oil prices will directly affect the value of the Iraqi currency. (more…)

18-09-2013 06:45 PM
Baghdad (newsletter).The Financial Secretary revealed Fazil Nabi said Wednesday that Iraq’s budget target in 2014 would likely total size 174.6 trillion dinars ‘ 130.68 billion dollars ‘ oil rate of $ 90 a barrel with crude exports from 3.4 million barrels a day. (more…)

Showed the General Secretariat of the Council of Ministers, said the council decided during its regular thirty-seventh session in 08/27/2013 to approve the contribution of the Republic of Iraq to increase the financial resources of the Arab Monetary Fund and the amount of its share in the IPO proposed 38.950 thirty-eight thousand nine hundred and fifty dinars Arabic My Account and the proportion of underwriting 12, 98%. (more…)

BAGHDAD / News: called the parliamentary Finance Committee, Wednesday, the central bank to monitor the banking offices to curb speculation in the dollar, while attributed the continuing decline in the exchange rate of the dinar against the dollar to activate the activity of speculators in the currency.

A member of the Committee Hassan’s Ozmn “News”, “The continuing decline in the exchange rate of the dinar against the dollar could Nazih to any activity of speculators in the currency of Finance.” (more…)

15/07/2012

Central Bank of Iraq confirmed that the process of printing a new currency with the deletion of three zeros will cost the state less money sad re-sustain damage because of the current currency and economic expansion, noting that the new edition will reduce the risk of errors accounting system. (more…)

Finance Committee in the Iraqi parliament, declares near the final formulations for Parliament’s budget for the year

Announced the Finance Committee in the Iraqi parliament, closely put formulations final budget of Parliament for the next year 2014, stressing that the amount will be reduced from 492 billion to between 410 and 420 billion Iraqi dinars, after deleting some paragraphs unnecessary, while Ezzat magnitude to the construction of a building especially for Council and housing for members, as well as the expected increase in the number of members to the next session. (more…)

04.07.2013Screen Shot 2013-07-10 at 12.19.37 PMReceive Makiya Um Hussein (65 years) salary pension once every two months, like the rest of the retirees in Iraq, and cut the distance to get to the Department of retirement where she has lived in the area of ​​Safwan (40 km west of Basra) did not differ up with it one day, after that stand in the queue Long often receive hers in small currency.

Makiya says “being our rating to the first two categories of class, who pay a bribe or gratuity to an accountant salaries فيدفع clean the large category, the second of not paying and those paid in the currency of small and mostly damaged or torn No one received by us.” (more…)

Baghdad/Obelisk: Central Bank of Iraq, said Thursday, the willingness of a number of private banks selling dollars to the public at a lower price than advertised price up to 1183 dinars to the dollar instead of for sale cash dinar 1189, at a price of 1178 dinars to the dollar instead of 1184 for documentary credits.

The Bank said in a statement “the Obelisk” received “continue with the policy of the Central Bank of Iraq to support the Iraqi dinar exchange rate and currency accessible to citizens of Iraqi Central Bank Governor acknowledges receipt of a letter from the Association of banks to declare their commitment to the initiative of the three banks as the first phase of selling dollars to citizens at a lower price than advertised price. (more…)

06/09/2013 15:38

Decreased sales of the Iraqi Central Bank of the dollar in the auction sale and purchase of foreign currency on Sunday to 209 million and 57 thousand dollars, after it reached yesterday, 303 million and 497 thousand dollars, a stable exchange rate was 1166 dinars per dollar.

She said daily bulletin issued by the Central Bank: Got Agency Iraq’s central news / WAM / copy of “The demand for the dollar distributed by 56 million and 150 thousand dollars was sold in cash, while the value of the amounts sold form of remittances 152 million and 907 thousand dollars, select price b 1179 dinars per dollar, and the cash purchase price of $ 1171 dinars. ” (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 2-Jun-2013. The results were as follows:

DETAILS NOTES
Number of banks 19
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 174,900,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 174,900,000
Total offers for selling (US$) —–

Exchange rates

The latest daily currency auction was held in the Central Bank of Iraq on the 30-May-2013. The results were as follows:

DETAILS NOTES
Number of banks 27
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 268,853,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 268,853,000
Total offers for selling (US$) —–

Exchange rates

The latest daily currency auction was held in the Central Bank of Iraq on the 29-May-2013. The results were as follows:

DETAILS NOTES
Number of banks 21
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 206,443,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 206,443,000
Total offers for selling (US$) —–

Exchange rates

 

Published on Tuesday, 28 May 2013 17:57

BAGHDAD / obelisk: decreased sales of the Iraqi Central Bank of the dollar significantly in the session, on Tuesday, on the sale and purchase of foreign currency to U.S. $ 152 404 000 million, compared with 252 843 000 Million, recorded in a session on Monday, a stable exchange rate at 1166 dinars per dollar. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 28-May-2013. The results were as follows:

DETAILS NOTES
Number of banks 21
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 152,404,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 152,404,000
Total offers for selling (US$) —–

Exchange rates

e4acca09-44be-484a-a72a-c6056ed31581.jpgIraq Business Directory – 05/26/2013 – 6:22 pm

Conclude the day the World Economic Forum, which began its activities on Friday in Jordan, which was held entitled “Strengthening environments growth and economic resilience.”

participated in the conference head the Islamic Supreme Council Ammar al-Hakim as well as Palestinian President Mahmoud Abbas, and the Secretary General of the Arab League Nabil al-Arabi, the Secretary General of the International Energy Forum Aldo Flores – Quiroga. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 23-May-2013. The results were as follows:

DETAILS NOTES
Number of banks 26
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 282,701,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 282,701,000
Total offers for selling (US$) —–

Exchange rates

The latest daily currency auction was held in the Central Bank of Iraq on the 22-May-2013. The results were as follows:

DETAILS NOTES
Number of banks 29
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 252,266,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 252,266,000
Total offers for selling (US$) —–

Exchange rates

Secretary General of the Council of Ministers: Kuwait PM postpones visit to Iraq for technical reasons; Reasons pointed to breakdown of talks

Screen Shot 2013-05-20 at 8.56.25 AMBAGHDAD – (AP) – An Iraqi official said that the postponement of the visit of Prime Minister Sheikh Jaber Al-Mubarak to Iraq comes to technical reasons.

He said on the Keywords of the Secretary General of the Council of Ministers in a press statement, “the postponement of the visit of Prime Minister of Kuwait Jaber Al-Mubarak planned to Baghdad for technical reasons and belonging to the question of technical and regulatory arrangements in relation to the agenda and the obligations of the prime ministers of the two countries.” (more…)

Screen Shot 2012-07-21 at 6.59.28 AMAnnounced the Iraqi Foreign Ministry on Sunday, that Iraq side handed over a group of Kuwaiti property and the Kuwaiti Ministry of Information.

 

The ministry statement said that the Commission on the National Archives Iraqi – Kuwaiti Joint competent follow-up file property of the State of Kuwait held its first joint last Wednesday, at the headquarters of the Ministry of Foreign Affairs of Kuwait in a series of meetings agreed that the two countries to be held on a regular basis, and during the meeting, handing the Kuwaiti side, a group of property The Kuwaiti Ministry of Information which is about Video tapes and a variety of books and photo albums as well as a kitchen or silver stamped Kuwait. (more…)

Adel Abdul-Mahdi – 05/20/2013 – 8:45 PM |

Increasing demand and overcrowding on the green paper. The gap between supply and demand can accommodate an impressive 60 months ago 70 million dollars a day .. Vetoldt a black market and سعران of the exchange difference of 8 10%.

This is troubling us back to the policies of inflation and multiple exchange rates. Fajlav dinars “ranked match xerox” which turned not worth the paper worth .. And unforeseen tax paid by the citizens as a result of “inflationary Version”, the new dinar coin turning “difficult” value increased (20%) and more against the U.S. dollar (2004, 2012) .. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 16-May-2013. The results were as follows:

DETAILS NOTES
Number of banks 27
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 231,188,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 231,188,000
Total offers for selling (US$) —–

Exchange rates

 

The latest daily currency auction was held in the Central Bank of Iraq on the 15-May-2013. The results were as follows:

DETAILS NOTES
Number of banks 28
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 161,159,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 161,159,000
Total offers for selling (US$) —–

Exchange rates

09-05-2013 07:37 AM

Baghdad (newsletter). Invited Member of the Committee on economy, investment/MP Salman al-Musawi, the need to outreach programmes to disseminate the culture of citizens and encourage them to use new technologies in their dealings.

He said Callie (News Agency): modern banking techniques and the most developed world countries will facilitate a lot of things to shorten his time in terms of money transfer and conversion. (more…)