Baghdad – Al-Hayat
Wednesday, January 9, 2013
A source familiar with the Central Bank of Iraq’s Al-Hayat, that the Iraqi government is unable to act in cash reservoir abroad because it is lodged with the U.S. central bank. He stressed that the latter had already agreed with the United Nations and the Department of the Central Bank of Iraq to reject the transfer any amount outside the framework of the budget. (more…)
Posts Tagged ‘Sulaymaniyah’
U.S. Federal Reserve controls the Iraqi foreign currency
Posted: January 9, 2013 in Iraqi Dinar/PoliticsTags: Al Hayat, Baghdad, Central bank, Central Bank Iraq, Iraq, Sinan Al-Shabibi, Sulaymaniyah, United Nations
After 16 years, the United States lifted its ban on commercial flights to Iraq
Posted: December 9, 2012 in Iraqi Dinar/PoliticsTags: Airline, Arbil, Ban Ki-Moon, Iraq, Iraqi Kurdistan, kurdistan, Sulaymaniyah, United States
Said Department of Civil Aviation U.S. federal she decided to lift the ban imposed in 1996 on commercial flights to Iraq, and it allowed air carriers U.S. doing trips to airports in the Kurdistan region.
justified Aviation Administration decision by saying that stability has returned to the region. (more…)
The economic and investment commission unveils horrific scandals in the CBI
Posted: November 1, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Central bank, Counterfeit money, Iraq, Iraqi dinar, Karbala, Najaf, Sulaymaniyah
A member of the Committee on Economy and Investment parliamentary and white Iraqi MP Aziz Sharif Mayahi, Saturday, and the presence of large quantities of counterfeit coins of five-and ten thousand dinars, are currently traded in the country. (more…)
CBI announces replacement of damaged currency early next month; Will only represent 1% of currency in circulation
Posted: October 31, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Basra, Central bank, Central Bank Iraq, Currency, Monetary policy, Mosul, Sulaymaniyah
Alsumaria News / Baghdad – 10/31/2012
Central Bank of Iraq, last Saturday signed a contract with a British company to replace damaged currency with new ones, stressing that the replacement process will be the beginning of the month of November, (more…)
CBI announces replacement of damaged currency early next month
Posted: October 27, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, bank, Basra, Central bank, Central Bank Iraq, Currency, Mosul, Sulaymaniyah
Central Bank of Iraq, Saturday, his contract with the British company to replace damaged currency with new ones, stressing that the replacement process will be the beginning of the month of November, as pointed out that these currencies are only 1% of the currency in circulation in the market. (more…)
CBI warns of the presence of fake banknotes of a five thousand dinars
Posted: October 27, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Central bank, Central Bank Iraq, exchange rate, Iraq, Iraqi dinar, Karbala, Sulaymaniyah
SATURDAY, OCTOBER 27 1 / OKRUDOLF 2012 10:01
An official source in the Iraqi Central Bank, on Saturday, the existence of “quantities” of counterfeit coins from a five thousand dinars, is currently circulating in the country, warning citizens of “becoming victims of dealers.”
The committee confirmed the economy and investment parliamentary confirmed that counterfeit currency circulating in Iraq is “at least” compared to the proportions in the countries of the world, pointing out that the central bank “failed” the action taken to reduce the foreign exchange rate against the Iraqi dinar (more…)
Economist: Central controlled at the level of hard currency in Iraq
Posted: October 6, 2012 in Iraqi Dinar/PoliticsTags: Iraq, Ministry of Finance, Sulaymaniyah
10/06/2012 14:42:37
BAGHDAD (Iba) … Stressed economic analyst, Dr. Hilal Taan that the Iraqi Central Bank has the ability and the almost complete control over the level of hard currency in the country through auctions organized by the League.
He Taan told the independent press (Iba) that hard currency sold through auctions the central bank and some other ports in the Rafidain and Rasheed, and if infect the limit by the smugglers $ 450 million, the bank is to stop such auctions for periods extending to about two weeks or three, he said. (more…)
Talabani returns to Baghdad today to complete the holding political meetings
Posted: September 29, 2012 in Iraqi Dinar/PoliticsTags: Arbil, Baghdad, Iraq, Jalal Talabani, Kurdistan Regional government, Patriotic Union of Kurdistan, Political coalition, Sulaymaniyah
on: Saturday 29/09/2012 02:15 pm
Baghdad / WAP / announced the Patriotic Union of Kurdistan, about the return of President Jalal Talabani, to Baghdad to complete the contract political meetings Saturday.
party said a statement posted on the Patriotic Union of Kurdistan said on Saturday that “due to arrive today by President Talabani to Baghdad , to hold meetings with the masses and the political parties to pull the country out of its crisis. ” (more…)
Shaways: Iraq is seeking to integrate with the global economy and attract foreign investment
Posted: September 26, 2012 in Iraqi Dinar/PoliticsTags: Accession, Commerce, Dinar, economy, Germany, global, Iraq, Sulaymaniyah, Trade, WTO
Deputy Prime Minister Ruz Nuri Shaways that Iraq is seeking to integrate into the global economy and accession to the WTO.
Take advantage of the system of governance and transparency and disclosure and protection of intellectual various forms of physical, intellectual and transfer of technical knowledge and technological changes and the free movement of capital and enhance the confidence of the world the Iraqi economy and attract foreign investment and improve the environment economic activity. (more…)
Three presidencies will meet tomorrow to discuss the political situation in Iraq; Security ministers, HCL
Posted: September 19, 2012 in Iraqi Dinar/PoliticsTags: Ayad Allawi, Iraq, iraqi list, Iyad Allawi, Maliki, Member of Parliament, Nouri al-Maliki, Sulaymaniyah
MP for the coalition of state law on Alfalh, Tuesday, that the three presidencies will meet tomorrow in Sulaymaniyah, emphasizing that they will discuss setting up a mechanism for the management of the disputed areas, and the possibility of the formation of the politicians Supreme headed by Iyad Allawi, as well as resolving the security ministries, and to pass a law of oil and gas. (more…)
President Talabani meets Maliki
Posted: September 19, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Iraq, Jalal Talabani, Maliki, News agency, Nouri al-Maliki, President of France, Sulaymaniyah
Date: 2012-09-19 15: 11: 25 Wednesday
Baghdad (News) …Met with President Jalal Talabani, Prime Minister Nuri al-Maliki, who arrived in Sulaymaniyah.
The statement said Al-Maliki received (News Agency news) a copy of: the Prime Minister presented the congratulations to the President of the Republic to mark the end of his journey and returning to therapeutic home. (more…)
CBI announces increase inflation foundation for the month of August to 141.0 percent
Posted: September 17, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: August, Baghdad, Central bank, Central Bank Iraq, Inflation, Iraq, Saleh, Sulaymaniyah
Monday, September 17, 2012 09:42 GMT
B. Central Bank Governor appearance of Mohammed Saleh
Alsumaria News / Baghdad
Iraqi Central Bank announced on Monday, for the high inflation rate basis for the month of August last year to 141.0 percent rise annually to 5.0 percent, attributing the cause to rise in housing prices and private rentals. (more…)
CBI: April’s inflation rate of 139.9 pct drops in May to 139.7 pct; 6.2 pct higher than in 2011
Posted: June 25, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Basra, Central bank, Central Bank Iraq, Iraq, Iraqi dinar, Mosul, Sulaymaniyah
CBI: Annual inflation down the foundation for the month of May to 139.7%
Monday June, 25 2012 GMT
Central Bank of Iraq, Monday, the lower the annual inflation basis for the month of May last to 139.7 percent, indicating that the high inflation often comes because of the high rental prices and vegetables in local markets.
Deputy Governor of the Bank Mazhar Mohammad Saleh in an interview for ” Alsumaria News “,” annual inflation basis decreased in the month of May by 0.2% to 139.7% compared with the annual inflation basis for the month of April, who scored 139.9 percent, “noting that” rose by 6.2 percent compared Bayar past 2011. ” (more…)
Deputy for Iraq: no agreement on holding an emergency session to withdraw confidence from the Government
Posted: June 1, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Arbil, Baghdad, iraqi list, Maliki, Najaf, News agency, Nouri al-Maliki, Sulaymaniyah
Date: Friday, 01-06-2012 12: 12 pm
Baghdad (newsletter) … The leading Iraqi pool confirmed Deputy/Iraqi/coalition of rational political blocs Zebari, which met in Erbil and Najaf and Sulaymaniyah, not yttarko until now to hold an emergency session to withdraw confidence from the Prime Minister Nouri al-Maliki. (more…)
Central Bank announces increase the base annual inflation in April to 6.7%
Posted: May 22, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Central Bank Iraq, exchange rate, Iraq, Iraqi dinar, Monetary policy, Saleh, Sulaymaniyah
22/05/2012 – 13:43
Sumerian News / Baghdad
Central Bank of Iraq, Tuesday, the high annual inflation basis for the month of April, to 6.7 per cent, as pointed out that the housing sector and fluctuations in the exchange rate has an impact on raising the rate of inflation, he stressed that this increase is still “not worrying”. (more…)
Hassani: Iraq will open with any call to strengthen cooperation with the (GCC) Gulf Cooperation Council
Posted: April 26, 2012 in Iraqi Dinar/PoliticsTags: Cooperation Council for the Arab States of the Gulf, Iraq, Jalal Talabani, kuwait, Kuwaiti, Nouri al-Maliki, Saddam Hussein, Sulaymaniyah
On: Wednesday 04/25/2012 20:37
Kuwait’s welcome to go to create a regional system of the northern Gulf states
Welcomed close to Prime Minister Nuri al-Maliki to go to the Kuwaiti partnership with Iraq as part of a regional system for the northern Gulf states, stressing that any advocacy of openness and cooperation with Iraq is welcome as it promotes regional stability and promote economic betterment.
The son of the Emir of Kuwait, and the Minister of Amiri Diwan Affairs Nasser Sabah al-Ahmad said in an earlier, an orientation of the Kuwaiti partnership with Iraq as part of a regional system for the northern Gulf states. (more…)
The Iraqi Government to release Kuwaiti war prisoner in Iraq from 2004
Posted: April 13, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, DUBAI, Iraq, kuwait, Kuwaiti, Politics of Iraq, Sousse, Sulaymaniyah
Date: Friday, 13-04-2012 02: 19 pm
Baghdad (newsletter) … The Iraqi Government released on Kuwaiti war detainee in Iraq since 2004, having entered the country illegally.
And Kuwaiti Ambassador to Baghdad said the insurer (News Agency news) on Friday: that its Embassy received the Kuwaiti citizen detained in Iraq since the war over nine years on Thursday, where he was released from prison in the city of Sulaymaniyah, Sousse jailed since the year 2004, as Iraqi security forces handed the Kuwaiti Embassy war. (more…)
Parliament forms supreme committee with CBI to start deleting the zeros
Posted: March 10, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Central bank, Central Bank Iraq, Economy of Iraq, Inflation, Iraq, Iraqi dinar, Local currency, Sulaymaniyah
10/03/2012
Formed the Economic Committee in the House of Representatives with the Central Bank of Iraq to a joint committee to begin the process of deletion of zeros from the local currency. Said MP Abdul-Hussein Abtan told the Kurdish news agency (Rn) that the Economic Commission formed a joint committee with the Central Bank of Iraq yesterday (Thursday) to oversee the process of deleting the zeros of the local currency
Which is scheduled to begin in September next. “He added that” the Commission will provide the technical requirements and legal, administrative and paint the nature of the Iraqi market and its relevance to the deletion of the currency during the stage preceding the start delete currency as well as increase public awareness about the details of the process of removing zeros from the currency. ” (more…)
CBI says it has began a study based on the mechanism behind removing zeros
Posted: January 31, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Central bank, Central Bank Iraq, Iraq, Local currency, Mosul, Politics of Iraq, Saleh, Sulaymaniyah
On: Tue 1/31/2012 7:56
Central Bank announced it had begun to study the need of the project to delete the zeros to submit a bill to the House of Representatives for the purpose of its own legislation, setting out the mechanisms and controls the process of removing three zeroes from the local currency, stressing that its law gives him the powers of a change in their local currency. The deputy governor of the Central Bank of the appearance of Mohammed According to Saleh (Rn) that the bank submitted a working paper for the project to delete the zeros of the local currency to the Council of Ministers for the involvement of ministries and agencies
Requirements in the process of deleting the zeros to prevent harm from the process. ” (more…)
Iranians are racing to buy dollars from the Iraqi market
Posted: January 31, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Central bank, Central Bank Iraq, Iraq, Local currency, Mosul, Politics of Iraq, Saleh, Sulaymaniyah
30.01.2012
Athert international economic sanctions faced by banks, companies and businessmen, Iranians heavily on the currency of Iran, “Altomen” and decreased its value against other currencies especially the dollar, prompting the Iranian traders to scramble to buy dollars from the Iraqi market, which economists say it will impact negatively on the Iraqi currency The economic situation in Iraq.
says a professor of economics at the University of Sulaimaniya attributed Saber in an interview with Radio Free Iraq that the Iraqi politicians to develop economic plans appropriate to take advantage of the political situation and economic instability in Iran and Syria, but the instability in these countries will reflect negatively on the economy Alaaraca . (more…)
CBI to study the legislation to legalize the process of removing zeros from the local currency
Posted: January 30, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Baghdad, Central bank, Central Bank Iraq, Iraq, Iraqi dinar, Local currency, Monetary policy, Sulaymaniyah
Baghdad, January 30 (Rn) – The Central Bank of Iraq, on Monday, he began to study the need of the project to delete the zeros to submit a bill to the House of Representatives for the purpose of legislation setting out the mechanisms and controls the process of removing three zeroes from the local currency, stressing that its law gives him the powers of a change in their local currency.
This comes at a time confirmed the Parliamentary Finance Committee, on Sunday, the central bank lingered in the provision of a bill to delete the zeros from the currency to the Committee for the purpose of his study, confirming the same time the law was passed that would give Iraq an opportunity to address inflation. (more…)
CBI responds: Our “Dropping of the Zero’s” policy is successful and Anbuge personal criticism doesn’t represent the opinion of the government
Posted: January 29, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Baghdad, Central bank, Central Bank Iraq, Finance Committee, Iraq, Iraqi dinar, Monetary policy, Sulaymaniyah
29.01.2012 | Baghdad described the Central Bank of Iraq, Sunday, his policy of raising the value of the Iraqi dinar against the dollar to “successful”, saying that the criticisms made by the Adviser to the Prime Minister for Economic Affairs Abdullah Al-Hussein Anbuge personal and do not represent the opinion of the government.
See related article: http://wp.me/pZC7o-ccX
The deputy governor of the Bank Mazhar Mohammad Saleh in an interview for “Alsumaria News”, “The Central Bank maintained the value of Iraqi dinar and stability in the difficult conditions that prevailed in the country,” noting that “the Iraqi government and international organizations confirmed that the policy Bank raised the value of the dinar against the dollar successful. “
Finance Committee: CBI to wait to introduce Currency reform bill; Committee to study bill further and revise to address inflation and security issues
Posted: January 29, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Baghdad, Central bank, Central Bank Iraq, Finance Committee, Iraq, Iraqi dinar, Monetary policy, Sulaymaniyah
Parliamentary Finance: Central lingered in the provision of a bill to delete the zeros
Baghdad, January 29 (Rn) – The parliamentary Finance Committee, Sunday, to loiter in the Central Bank to introduce a bill to delete the zeros from the currency to the Committee for the purpose of his study, saying [if ]the law was passed that would give Iraq an opportunity to address inflation.
A member of the Committee Najiba Najib told the Kurdish news agency (Rn) that “the central bank lingered in the provision of a bill to delete the zeros of the local currency to the Finance Committee to study and add some stuff it and then submitted to the House of Representatives for the purpose of voting upon approval.” (more…)
Talabani, Maliki and Najafi agree to hold an expanded meeting next week
Posted: January 11, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Baghdad, Iraq, iraqi list, Jalal Talabani, Maliki, Meeting, Nouri al-Maliki, Sulaymaniyah
Wednesday January 11, 2012
Baghdad / babysit – Heads of Jalal Talabani and Prime Minister Nuri al-Maliki and House of Representatives Osama Najafi, to hold an expanded meeting including members of the three parties during the next week in preparation for the National Conference.
And the transfer of a presidential statement by President Jalal Talabani, on the sidelines of his meeting with Prime Ministers Nouri al-Maliki and the House of Representatives Osama Najafi, last night, “The meeting discussed the joint effort to work to resolve outstanding problems and the success of the upcoming meeting of political leaders that have agreed to resolve all outstanding problems.” (more…)
Erbil most desirable city for foreign investment: survey
Posted: January 11, 2012 in Iraqi Dinar/PoliticsTags: Erbil Governorate, Iraq, Iraqi dinar, Iraqi Kurdistan, kurdistan, Kurdistan Region, middle east, Sulaymaniyah
ERBIL, Jan. 11 (AKnews) – Erbil Governorate is the most desired destination for foreign investment in 2011 with over $1 billion USD (1.1 trillion IQD) channeled into Kurdistan Region in 2011.
Erbil Governorate received the lion’s share, $1.26 billion USD (1.5 trillion IQD). That is about 57% of the $2.18 billion USD (2.5 trillion IQD) foreign money sloshing about the region according to a survey by Kurdistan Region’s Investment Board.
The remaining two governorates of Kurdistan Region, Sulaimaniyah and Duhok, each attracted $563 million USD (657 billion IQD) and $457 million USD (534 billion IQD) in foreign investments respectively. (more…)
Three presidencies will meet this evening at the home of Talabani to discuss the current political crisis
Posted: January 10, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Baghdad, Iraq, iraqi list, Jalal Talabani, Nouri al-Maliki, Shada, State of Law Coalition, Sulaymaniyah
Tuesday, 10 January 2012
Complexity of the three presidencies meeting this evening at the home of President Jalal Talabani to discuss the current political crisis.
A source in the Iraqi List, told all of Iraq [where] on Tuesday that “the three presidencies [President Jalal Talabani, Prime Minister Nuri al-Maliki, parliament speaker Osama al] will be held Tuesday evening meeting at the home of Talabani to discuss the developments in the political process and preparations for the National Conference to be held by the end of this month and topics that will be included in it. ” (more…)
Kurdistan Parliament held a session today hosted the Minister of Finance Government of the Region
Posted: December 26, 2011 in Iraqi Dinar/PoliticsTags: Iraqi Kurdistan, Jalal Talabani, Kurdish, Kurdish people, kurdistan, Kurdistan Regional government, Member of Parliament, Sulaymaniyah
Sulaimaniya, December 26 / December (Rn) – The head of the Legal Committee of the Parliament of the Kurdistan region, the parliament held a session on Monday and host the Minister of Finance, the territorial Government Buys Talabani, Member of Parliament pointed to the start of recess next week.
The Kurdish parliament has hosted the Minister of Finance and Economy the territorial Government Buys Talabani in its usual the 18 held last Wednesday to respond to questions from members of Parliament on the performance of his ministry during the past two years in the framework of the parliament’s decision to host all the ministers of the 21 government of the Region during its meetings to discuss the performance of their ministries. (more…)
