Posts Tagged ‘Iraqi Central Bank’

CBI confirms it continues to support the banking activity in accordance with the declared policy

Posted: May 23, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

23/05/2013 – 12:57

said the Iraqi Central Bank, on Thursday, continuing to support the banking activity in accordance with the policy stated, as called for all relevant parties to avoid irresponsible remarks that do not conform with the facts which it operates. ,

the bank said in a statement issued today, and received “Alsumaria News”, a copy of “The Governor of the Bank and the Agency Abdul Basit Turki Saeed held, today, a meeting with a number of managers of Commissioners and officials of private banks,” noting that “the governor said during the meeting to the bank continued to support the banking activity in accordance with the policy stated, Since qualifies these banks to perform its national role and contributing Avenue in building the economy of Iraq. ” (more…)

Governor of CBI discusses with the U.S. Fed the protection of Iraq’s money.

Posted: April 17, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

17/04/2013 12:17:00
BAGHDAD / NINA / The acting governor of the Central Bank of Iraq, Abdul Basit Turki discussed with the U.S. Federal Bank the issue of the protection of Iraq’s money.

A statement of the Central Bank of Iraq cited that the issue of the Iraqi Central Bank reserves and the Development Fund for Iraq and other technical issues were discussed during the meeting, which came on the sidelines of the spring meetings currently being held in Washington.”

http://bit.ly/11hF3Q9

Central Bank strongly criticizes those targeting the CBI; Emphasizes follow-up to the legal and economic effects

Posted: April 10, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Published on Wednesday, April 10 / April 2013 16:59

Criticized the central bank, Wednesday, “systematic attack” on policies to correct the Financial Action Task Force, while he stressed that he would pursue legal and economic implications of such targeting, he stressed that the banking institution should remain independent.

The bank said in a statement obtained by “obelisk”, a copy of which he “since been a change in the management of the Iraqi Central Bank, was expected to face action for change and try to re-Central Bank to its natural role and effective in building the country and its economy and combat opportunities for corruption and destruction institutional and was expected resistance and disrupt this trend. ” (more…)

CBI Vice Governor Saleh to retire after his term

Posted: March 13, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Refer the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh to retire after the cancellation of the extension service
Published on Wednesday, March 13 / March 2013 12:55

A source in the Iraqi Central Bank, Wednesday, that Prime Minister Nuri al-Maliki referred the Deputy Governor of the Bank the appearance of Mohammed Saleh to retirement.

The source told “obelisk”, that “at the request of the Iraqi Central Bank got the approval of Prime Minister Nuri al-Maliki to cancel the extension service Deputy Governor appearance of Dr. Mohammed Saleh and his retirement.” (more…)

Saleh: CBI is working to issue currency class of 100 thousand dinars soon; Urgent need for coin

Posted: February 18, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

on 2.18.2013

The adviser said the Iraqi Central Bank the appearance of Mohammed Saleh, said that “the Iraqi currency needs to expand, and we will work on issuing currency class 100 thousand dinars. (more…)

Central Bank: No worries on the Iraqi accounts in the United States

Posted: February 10, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Published on Sunday, February 10 / February 2013

BAGHDAD / obelisk: denied the Iraqi Central Bank, Sunday, and the existence of any threat to the funds, bonds and Iraqi funds in the U.S. Fed.

A statement issued by the bank and got “obelisk”, a copy of it, that “the U.S. Federal Reserve Bank is still working to determine the size of the breach that hit the internal computer systems by hackers cyber”. (more…)

Iraqi dinar would soon return to what it was prior to 1980 due to global demand: Banking and Finance Ministry Head

Posted: February 3, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

iraqimoneyyy4567898Official: declining reserves of the Central Bank of gold does not affect the rate of the dinar

02/02/2013 11:45:00

The head of the Department of Banking and Finance Ministry Hilal Taan diminishing quantities of central bank reserves of gold does not affect the price of the local currency. (more…)

CBI witness rise in sell of the greenback

Posted: February 3, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Published on Sunday, 03 February / February 2013 16:34

Sales of the Iraqi Central Bank of the dollar on Thursday, a rise in the auction on the sale and purchase of foreign currencies, reaching 235,068,000 U.S. dollars, compared with 187,299,000 U.S. dollars recorded in the previous session, and covered the central bank at an exchange rate basis was 1166 dinars per dollar. (more…)

CBI denies low reserves of gold, Confirms the stability

Posted: February 1, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Denied the Iraqi Central Bank, Friday, reports by the media about the low reserves of gold, stressing that it saw stable over the past several months.

The bank said in a statement received by news agency public opinion … today that “no truth to the news reported by some media on the low bank reserves of gold,” he said, adding that this reserve “witnessed stable over the past months.” (more…)

CBI authorization to reduce the dollar exchange rate to enhance the value of the dinar

Posted: February 1, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Screen Shot 2012-07-14 at 4.44.57 AMIraqi Central Bank coverage a number of private banks Bmzadeh public for the sale of foreign currency and increase the share financial auction granted to exchange companies and authorize bank governor validity reduced dollar against the Iraqi dinar. (more…)

CBI: Bank sales fell not on the measure declined to provide demand

Posted: January 30, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Published on Wednesday, December 30 2 / January 2013 17:06

Counting the Iraqi Central Bank, on Wednesday, the lack of demand for foreign currency in its daily auction is not a measure of its ability to provide demand.

The governor of the Bank acting Abdul Basit Turki for “obelisk”, “The bank puts a report periodically on the extent of the market need for coin mechanisms available and the effectiveness of the procedures followed in the provision of the required quantities of the dollar, either fluctuating demand not a sign of decline provided.” (more…)

Editorial: Monetary policy and its consequences on the Iraqi dinar

Posted: January 23, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Font Size:01/22/2013 (23:00 pm)
D. Accustomed Naji al-Hamdani

Seen monetary and fiscal policy since 2003 a major shift in the banking sector has taken the Iraqi government some necessary measures derecognition foreign exchange controls and the lifting of restrictions on the movement of trade, capital and support and encourage private companies in the banking sector to move from a system exchange controls system to the open market as one requirements of a market economy. (more…)

CBI reports a high rate of selling in the currency auction at the end of its weekly session

Posted: January 17, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Published on Thursday, December 17, 2 / January 2013

Sales of the Iraqi Central Bank of the dollar on Thursday, a rise in the auction on the sale and purchase of foreign currencies, reaching 197,236,000 U.S. dollars, compared with 192,040,000 U.S. dollars recorded in the previous session, and covered the central bank at an exchange rate basis was 1166 dinars per dollar. (more…)

Upper: Directors of the Central Bank acting to weaken him

Posted: January 9, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , , ,

on 01/07/2013

BAGHDAD / Farah Asim al-Tai

Independent lawmaker Hassan said upper management of the Iraqi Central Bank by proxy is to fold cash for this institution and its strength and durability will be the strength of the Iraqi currency and have the weight of the fiscal balances.

The top of the newspaper “integrity electronic” For this reason, we note that the law gave the staff of the Central Bank of Iraq immunity similar immunity given to members of the House of Representatives while the ministers do not have the immunity of the staff of the Central Bank so as not to be held hostage emotions or side effects. (more…)

CBI in process of allowing all Iraqi banks right to see USD

Posted: December 31, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Stressed the Central Bank of Iraq, Monday, he was in the process of opening the door to get the right to sell the dollar for all Iraqi banks.

The governor of the Central Bank and Abdul Basit Turki Agency for “obelisk”, “The bank has decided to open the door to all banks for window sell the currency from the beginning of next year.” (more…)

Summer session of the dollar in the Iraqi market

Posted: December 29, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Mahdi Rahim

Hard currency in the sense dollar term trading day in political and parliamentary circles all economic and even a word fired on the dollar during the Second World War and then to Iraq’s presence in the sterling bloc, making access to the dollar coupled with specialization those of the dollar bloc of Iraq.

Now, after the opening of the global currency markets and the free flow of different currencies is no longer for this meaning of Title, Fbalamkan convert sterling to dollars in any amount, as well as the case with the euro and other currencies within minutes. (more…)

CBI places NCB Bank under guardianship, Third bank this year; Investors frustrated

Posted: December 21, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Central Bank puts the Bank ‘across Iraq’ under his tutelage
Friday, December 21, 2012
Development of the Iraqi Central Bank Bank ‘across Iraq’ NCB under guardianship, which is the sixth action of its kind and the third within one year. Congress considered that step «frustrating for those looking to invest. (more…)

World Bank Consultant: Money laundering problem not born from the CBI alone, but other agencies as well

Posted: December 16, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

International Expert: Anti-Money Laundering Central Aathmlha and alone

12/16/2012 12:00 am

BAGHDAD – Hkuran Fatlawi expert stressed at the World Bank that the anti-money laundering solidarity not borne the central bank alone, but borne by all relevant departments in the ministries of interior, finance and trade, Cdoaúr customs and taxes, import and export, pointing to the brunt located a result the central bank, which only work with banks because money laundering is one of competence. (more…)

Proposal for the formation of a supreme body to monitor the work of banks to curb money laundering and currency smuggling

Posted: November 13, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

On: Tuesday 13/11/2012 07:29 pm

Suggested financial expert Salem Daini, the formation of the banking graduate working on linking all Iraqi banks network unified communications to monitor its work to control money laundering operations and reduce the phenomenon of smuggling hard currency abroad. (more…)

Recent developments at CBI will not affect process of lifting zeros, Monetary policy doesn’t depend on a person says Member of Finance Committee

Posted: November 1, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Parliamentary Finance: change management of the Central Bank will not affect the process of lifting the zeros

| On 2012-11-01

According to a member of the investigative transactions CBI and a member of the parliamentary Finance Committee Haitham al-Jubouri said the process of lifting the zeros will not be affected in the administrative changes that have taken place in the Central Bank of Iraq recently. (more…)

CBI confirms that Iraq will turn to the international donor after 2014

Posted: October 31, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Alsumaria News – 10/31/2012 – 1:26 pm

confirmed the Iraqi Central Bank, on Wednesday, that Iraq will turn into international donor after the year 2014, as he emphasized that the World Bank will depend on grant assistance to Iraq after its transformation into a donor. (more…)

CBI Source: CBI crisis could hurt nations creditworthiness

Posted: October 23, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

10/23/2012 12:00

A source from within the Iraqi Central Bank that the recent crisis, following issues financial and administrative corruption made against senior officials, and the news conveyed by the media about charges similar to each managers of private banks in the country, has cast a shadow over credit conditions, deposits and banking transactions and the level of customer confidence that Banks have led to withdrawals of funds by depositors after the bank liquidity eligibility. (more…)

Kamal al-Saadi: what happened in the CBI can not bear one person even set up its borders to the outside bank

Posted: October 20, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Friday, October 19 1 / Okrudolf 2012 21:45

MP Member of the Parliamentary Integrity Committee Kamal Saadi on the absence of any targeting personal central bank governor.

Saadi said in a statement received by the agency Ambassador News copy today that “talking about a targeted personal Central Bank Governor Sinan al-Shabibi is is not true. (more…)

Finance Committee Member: Issuing arrest warrant against Shabibi would hurt the Iraqi economy and the financial system

Posted: October 16, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Tuesday 16 October 2012

A member of the Knesset Finance Committee, MP Hassan Suleiman that the issuance of an arrest warrant for Governor of the Central Bank of Iraq will harm the Iraqi economy and the Iraqi financial system.

Sulaiman said in a statement (radio public opinion): “The issuance of such a warrant that was political or non-political impact on the credibility of the financial institution in Iraq.” Noting that the issuance of such a warrant could lead to causing Akhvad large currency depreciations Iraqi “. (more…)

Iraqi government bears responsibility for investigating money laundering and detect the beneficiary

Posted: October 14, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

11:13:14 / 10/2012

Khandan – denounced the coalition in Iraq, “targeting the Central Bank of Iraq and the attempts by some political forces to undermine the independence of the Bank guaranteed by the constitution of Iraq and Iraqi and international laws.” (more…)

Maysoon: Independence of CBI necessary to maintain exchange rate of IQD and the protection of currency and prevent inflation

Posted: October 14, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

10/14/2012

Baghdad (news) Download the coalition in Iraq targeting Iraqi Central Bank and the attempts by some political forces to undermine the independence of the Bank guaranteed by the constitution of Iraq and Iraqi laws and international. (more…)

Fact finding committee finishes report on CBI

Posted: September 28, 2012 in Iraqi Dinar/Politics
Tags: , , ,

The Truth completes its report on the Central Government

09/27/2012 12:00 am

announced the parliamentary committee in charge of fact-finding on the Government of the Central Bank of Iraq, Wednesday, announced that it has completed writing the final report, expected to submit it to the presidency of the Council next week., the Finance Committee had last week revealed that the committee charged with investigating transactions of the Central Bank completed a report showed the existence of breaches in the auction sale of hard currency. (more…)

Iraq Deputy Finance Minister: Zeros can’t be removed from Iraqi dinars during 2013; No preparations have been made

Posted: September 2, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

02/09/2012 17:36
ERBIL, September 2 (AKnews) – Iraq’s deputy minister of finance said the zeros cannot be removed from Iraqi dinars during 2013 because no preparations have been made.

The Iraqi Central Bank and people have been saying for four years that the zeros in the Iraqi currency will be erased and the money will be changed. But the money cannot be changed because prior work for the process has not been executed. (more…)

CBI: $21 million debt settlement involves more than 13,000 commercial creditors outside of Paris Club agreement

Posted: August 30, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

29/08/2012 07:05 PM

Central Bank of Iraq for “debt settlement more than 13 thousand creditor commercial for Iraq outside the Paris Club.

Said the deputy governor of the Bank the appearance of Mohammed Saleh told the National Iraqi News yesterday that” the amount that was settled for trade creditors is $ 21 billion the rest of it about $ 2.7 billion to pay government bonds repayable in 2028 Pfaúd 5.8%. (more…)

CBI includes three official bodies to sell the currency for the purpose of travel

Posted: August 26, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

26/08/2012 10:08
BAGHDAD / Bri Center for the Iraqi Media Network – said the Iraqi Central Bank that gives banks and banking companies and money transfer companies specific amounts of dollar a week to sell to the citizens for the purposes of travel.

The deputy governor of the Bank the appearance of Mohammed’s (Center Brief for the Iraqi Media Network) that “the dollar is sold for travel until ten thousand dollars, and we give each bank a week up to two million dollars, except bank Rafidain and Rasheed, who share one of them up to five million dollars.” (more…)

Older Entries