Posts Tagged ‘Iraqi dinar’

Screen Shot 2013-06-28 at 7.52.08 PMAuction Central Bank monetary policy threatens to collapse

Warned parliamentary sources familiar with the collapse of the Iraqi monetary policy in light of the continued dollar selling in the auction of the Central Bank, and revealed a blueprint for the continuation of the process of money laundering agreement with American officials through non-recognition of the Iraqi dinar in international transactions. (more…)

Economist: delete the zeros from the currency less risky

30/12/2013 04:56 PM

The head of economic studies at the University of Kufa Economist Thunder Twigg, to delete two zeros off the market value of the Iraqi currency would be less risky than delete the three zeros. (more…)

12/26/2013

Still citizens waiting to start implementing the project to delete the zeros of the Iraqi dinar for several reasons, perhaps the most important of which is the security aspect in the interaction between individuals, as many traders dealing in dollars for the lack of size of the money supply, compared to the Iraqi currency. (more…)

Member of the Committee expected the economy and investment representative Aziz Sharif al-mayahi project raise zeros from the local currency early 2015.

The Central Bank of Iraq more than two years studying the issue of lifting the zeros of the Iraqi currency but until now did not take firm decision on this matter. (more…)

Friday, 20 December / 1 December 2013

Urged the Economic Committee in the House of Representatives stakeholders from the central bank and security departments, placed on attention to counterfeiting because of their negative effects on the country’s economy, as an economist downplayed the significance of it being very limited.

A member of the Economic Commission MP Amer Al-Fayez, warned of the seriousness of the impact of counterfeiting on the economy of the country, noting that the security situation is stable and the border is controlled entirely contributed to finding this matter. (more…)

CBI seeks to delete three zeros from the Iraqi currency since 2003. A project that raises many concerns on the street level and the business community of Iraq, and it seems economists are divided between supporters of the project see it as an opportunity to reduce the rates of inflation and unemployment, among forewarned of economic shocks may dominate the Iraqi market due to the application of this project.

The delayed implementation of the project after it has been amended, the central bank, more than once due to concerns based predominantly to the security situation and uncontrolled open market to foreign goods without restrictions and counterfeit currency circulating in the market in addition to the rampant corruption in the country. (more…)

18-12-2013 10:53 AM
Baghdad (newsletter). Member of the Committee for economy and investment/Kurdish Alliance MP Jassim shankali, counterfeit currency would affect the Iraqi economy, and losing the confidence of citizens in dealing with the Iraqi dinar. (more…)

Economy

(Legal) Convertibility of the dollar to the outside will not affect the currency

16/12/2013 05:23 PM

Ruled out a member of the Economic Commission Attorney Nora Albjara, the effect of converting large amounts of dollar to the outside through the central bank auction on what exists of it in Iraq. (more…)

Posted 14/12/2013 05:07 PM

Called for an economist to delete three zeros from the Iraqi currency, the promise of its existence as a successor to serious damage in the operations count amounts of cash huge.

said economic expert, a member of the Finance and Banking at the University of Wasit Abdul-Karim al-Tai told the National Iraqi News Agency: “The zeros present in the Iraqi currency has a negative impact on operations count amounts of cash huge lead to fall into mistakes while conducting census by the staff of the Ministry of Planning. (more…)

Delete the zeros .. Eliminate fraud and to support the national economy

Continuous attempts to reach a final agreement between the parties that hold the reins of financial matters in the country in regards to the process of deletion of zeros from the Iraqi currency, which is much talk about since approximately two years, but the issue is exposed each time to criticism and rejection of before parties may be controlling the flow of currency in the country, but the CBI Boukbraúh seeks to resolving the issue and come to a good investigator for the hopes of not disappointing to the aspirations of the people who always sought to avoid entering into economic crises Other may Tnhechm. (more…)

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…)

Screen Shot 2013-11-27 at 1.09.09 AMStapes: the process of deleting the zeros working to raise the value of the dinar against the dollar
27-11-2013 08:47 AM

Baghdad (news) .. A member of the Economic Commission MP / National Alliance / Ibrahim stirrup, that the high price of the dollar depends on the ratio of supply and demand in the auction sale of the currency in the central bank.

said stirrup (of the Agency news): The high exchange rate of the U.S. dollar against the Iraqi dinar is affected by security conditions taking place in Iraq and demand it through legal or illegal as a matter of money laundering. (more…)

Senior Economist: Raising the zeroes corrective action to facilitate the transfer and account currency
Sunday, 24 October / 2 November 2013 08:11

The expert described the economic, Akram Abdel-Aziz, a step central bank to raise zeros from the local currency, “the action to reform aspects of the calculation.” It said in a statement told all of Iraq [where]: “The deletion of zeros is the restructuring of the financial sector and banking and reconsider the monetary policies.” (more…)

Ali Salman – 11.21.2013 AD – 15:48

Said banking expert Samir Nasiri: that the process of deletion of zeros, announced by the Central Bank of Iraq will not deal with the economic crisis that has plagued Iraq, particularly with regard to the standard of living decline and deterioration of services.

He added Samir Nasiri that the process of deletion of zeros from the currency “will not address the economic crisis that has plagued Iraq, especially falling standard of living, unemployment and the deterioration of services in all areas. (more…)

Add DFI funds to raise the cash reserve value of the dinar

11/21/2013 12:00 AM

Calls for the central bank to take effective steps to restore the sovereignty of Baghdad

called Economists Central Bank of Iraq to take effective steps towards the protection of Iraqi funds and to pursue a policy to ensure restoration of national sovereignty them especially after the hit Iraq more than $ 110 billion to creditors.

confirmed in a statement to the (morning) the importance of studying the mechanisms capable of preventing the risk of creditors’ claims as companies or individuals and consistent and in accordance with international law. (more…)

iraqimoneyyy4567898Economic Parliamentary Rule Out The Deletion Of Zeros From The Iraqi Currency
On November 21, 2013 in the economic

Baghdad: News Network Iraq – ruled out of the Commission of Economy in the House of Representatives, the deletion of zeros from the Iraqi currency during the next two years, indicating that the deletion of zeros depends on stability, security, political and economic. (more…)

Screen Shot 2012-11-27 at 11.49.09 AMCBI issued a statement on the parliamentary and currency: the issuance of local currency bonds will improve the value of the Iraqi dinar

Monday 11/18/2013 04:34 am

He denied the CBI, what some of the media, about the timing of the direct project restructuring of the Iraqi currency and deleting three zeros of them, stressing that such timing is Matrouh now that this project is in coordination with the government and related institutions. (more…)

Financial: distribution of oil revenues to citizens would increase inflation in the country

20-11-2013 10:36 AM
Baghdad (newsletter). The parliamentary Finance Committee warned of the proposed allocation of oil revenues to citizens, it would increase inflation in the country would affect the federal budget. (more…)

30d130786c46ff17915cce908927d11d11:35
member of the Economic Commission parliamentary MP Hassan Salman, Sunday, that the process of lifting the zeros from the Iraqi currency will strengthen the dinar and raise its value, stressing that the process will be completed during 2015.

said Salman for “tomorrow Press,” that “there are countries fought a process raise zeros and achieved success on the economic side, “adding that” raise the value of the zeros from the Iraqi currency raises the value of the dinar and makes it more heavily in Iraq and abroad. ” (more…)

Finance Committee exclude the implementation of the project to delete the three zeroes from the currency early next year
19-11-2013 05:05 AM

Baghdad (news) .. I exclude a member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, an application project to delete the three zeroes from the national currency in 2014, indicating that the current administration of the central bank believes the time is not suitable for implementation of the project. (more…)

19/11/2013

BAGHDAD / JD / .. Central Bank decided to deprive the bank of the Middle East and trade from entering the auction currency and the absence of serious measures to increase their capital.

The central bank said in a book entitled to a bank Middle East Iraqi investment and trade of Iraq, seen / JD / a copy of it: Decide حرمانكم from entering the auction currency (cash sales, credits, transfers) to the lack of serious action to increase Rasmalkm to the extent required. (more…)

17-11-2013 06:33 PM
Baghdad (news) .. denied the CBI, what some of the media, about the timing of the direct project restructuring of the Iraqi currency and deleting three zeros of them, stressing that such timing is Matrouh now that this project is in coordination with the government and related institutions . (more…)

Economy | 17-11-13 at 19: 33

a member of the parliamentary Finance Commission Abdul Hussein Al-yasiri, the Bank informed the Committee that he would try to raise zeros from the currency beginning in 2014. (more…)

13:00 17/11/2013
Central Bank has submitted to the Finance Committee zeros currency beginning of 2014

Told the Iraqi Central Bank, the Finance Committee in the House of Representatives that he will try to raise zeros from the currency beginning in 2014.

Said committee member Abdul Hussein al-Yasiri in a press statement that “the application of the decision to lift the zeros, will contribute significantly to reducing the monetary blocs to quarter, which coincides with the increase in the value of the Iraqi dinar.” (more…)

13/11/01
Iraqi Central Bank, said Sunday that the timing of the restructuring of the currency and delete zeros which does not arise in the present.

The Bank said Payne received “tomorrow”, “the timing of the restructuring of the Iraqi currency and delete zeros does not arise, because such a project through coordination with the Iraqi Government and related institutions,” dismissing “the draft restructuring of the currency next year and delete the three zeros.” (more…)

11/17/2013 11:35
Tomorrow Press / Baghdad: Take member of the Parliamentary Economic Commission MP Hassan Salman, Sunday, that the process of lifting the zeros from the Iraqi currency will strengthen the dinar and raise its value, stressing that the process will be completed during 2015. (more…)

Economy | 17-11-13 17: 44

Finance Committee MP/Kurdish Alliance/smart Najeeb, the new Central Bank issue bonds in dinars within the Bank’s policy to improve the value of the Iraqi currency against other currencies. (more…)

Well, everyone my skepticism and need for pause regarding the rumor of an RV this week has been validated.

The rumor of an RV this week has been proven false and manufactured by the very source of the rumor on the site which made the announcement.  The author of the rumor manufactured a lie in order to demonstrate the gullibility of those who hold dinar and the countless lies by gurus who claim to know all. (more…)

07-11-2013 04:50 AM
Baghdad (news) .. Download a member of the Finance Committee MP / coalition of Kurdish blocs / Dler Qadir, the Iraqi parliament responsibility for failure of the banking sector, not being able to enactment of the necessary local banks to develop their work.

said is capable (of the Agency news): The CBI does not assume responsibility back winning the work of the banking sector, because it’s obligations and busy now how to develop and support the monetary policy in the country, especially the sale of hard currency and the stability of the Iraqi dinar. (more…)

Central Bank’s decision to stop dealing with “Western Younine” cause upheaval in the currency market

BAGHDAD – Iraq Press – November 6 / November: Stop the Iraqi Central Bank to deal with the company “Western Younine” It is a global company through which they can transfer money to all over the world, and is working to provide commercial services safe and fast way to convert cash and owns about 270 thousand agent worldwide in more than 200 countries and the headquarters of several, and the size of the company’s revenues nearly $ 3 billion annually. (more…)