11:56 17/05/2013Agencies -
A member of the parliamentary economic committee continued decline in the price of the Iraqi dinar against the U.S. dollar, “the issue is not natural.”
He said committee member Amer winner today that “the low price of the Iraqi dinar against the dollar issue of abnormal and might lie behind certain purposes.” (more…)
Tuesday, 14 May 2013 20:53 | | |
Baghdad (AIN) -The price of the US dollar in the local markets reached 1,300 Iraqi dinars, compared to 1220 dinars in mid-March and represents a significant reduction of the Iraqi dinar’s value since the two last years.
It is known that the official price of the USD until this day, according to the Central Bank of Iraq is IQD 1166 and that means that the value of the Iraqi dinar has reduced more than 11%.
According to representatives of All Iraq News Agency (AIN), this decline has led to increasing prices for a lot of goods in local markets and especially the imported ones. (more…)
Observers: dip, Shabibi dinar missed and we fear the continued decline
THURSDAY, 16 MAY 2013 17: 07
Iraqi dinar is currently experiencing a decline in its value against the US dollar since the Government sacked the former head of the Central Bank, Sinan Al-Shabibi is raising concern among money and economy in particular.
And the value of the Iraqi dinar fell gradually during the past few weeks, bringing the price of the dollar to about 1,300 dinars after was stable from 1120, the highest rate of exchange-rate mechanism for the last two years. (more…)
Economic parliamentary demanding quick action to stop the rise in the dollar exchange rate
Student member of the Economic Commission bloc MP Abdul Hussein Abtan citizen all competent authorities to take swift action to halt the rise in the dollar exchange rate. (more…)
Baghdad / Baghdadi news / .. A member of the Finance Committee Shoresh MP Mustafa Rasool, on Monday, the central bank demands to take bold steps to diversify the basket of currencies and not rely solely on the dollar, as it has large reserves of hard currency to avoid the impact of oscillation winning price of the dollar in global markets. ” (more…)
Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful project
Published in: 11:55 am, April 18, 2013 Editor: ipa 2
BAGHDAD (Iba) … said, an expert in economic affairs peace Sumaisem, to begin procedures to delete the zeros from the Iraqi currency in the light of the confusion in the monetary policy and the instability of the dinar and improve Sarsrv of them unsuccessful procedures. (more…)
17-04-2013 11:30 AM
Baghdad (newsletter). The Deputy Chairman of the Finance Committee MP/Kurdistan blocs Coalition/Ahmed Hassan Faizullah, continuing problems within the Central Bank and accusations on his work because it will affect the stability of the Iraqi dinar exchange rate.
He said Faizullah (News Agency): the Central Bank is a large financial institution job maintaining currency stability and the monitoring of financial and banking transactions, target will reduce international banks before, lose confidence, and thus will affect the stability of the Iraqi dinar. (more…)
Parliamentary Finance: Central Bank starts this year … 13/04/2013 2:18 pm
said parliamentary Finance Committee, the central bank, according to correspondences official start of this year procedures deleting three zeros from the local currency, saying that it would lead to the development of cash transactions and economic international.
A member of the Finance Committee Abdul Hussein al-Yasiri Center Brief for the Iraqi Media Network (IMN) It “According Almkhtabat official with the central bank, it is supposed to start this year Balastaadadt necessary to delete three zeros from the local currency.” (more…)
13-04-2013 08:01 AM
Baghdad (news) .. Likely financial expert as Hadi al-Tamimi, the stability of the dinar against the dollar, after the necessary measures taken by the administration of the Central Bank, included an increase of outlets in hard currency.
Timimi said (of the Agency news): The increase in the number of ports on the sale of foreign currency in banks government and private by the central bank will contribute significantly to the stability of the dinar exchange rate because it will meet the market needs of the dollar. (more…)
Published in: 11:48 am, April 11, 2013 by ipa 2
BAGHDAD (Iba) .. A member of the parliamentary Finance Committee Ibrahim al-Mutlaq, the committee discussed several proposals to create a balance between the U.S. dollar exchange rate and the exchange rate of the Iraqi dinar, adding that proposals relating to tax Emark and civil and open banks in all provinces. (more…)
WEDNESDAY, APRIL 10 / APRIL 2013 08:59
Revealed the Finance Committee in the House of Representatives, Wednesday, the start of the Iraqi Central Bank to take urgent action to preserve the stability of the exchange rate of the Iraqi dinar against the dollar by increasing the outlets sold for hard currency.
A member of the Finance Committee Secretary Hadi for “Twilight News”, “The exchange rate of the dinar against the dollar began gradually returning to normal after the central bank to take measures represented an increase of Iraqi ports sold for hard currency.” (more…)
Baghdad (newsletter). Member of the Finance Committee disclosed the Attorney//Secretary Hadi Abbas, the intention of the Committee to host the temporary Central Bank staff for their discussion on financial and monetary matters in the country and how to improve them.
He said Abbas (News Agency): the next few days will be hosting the Central Bank Governor and some of his aides in the House and the Finance Committee for discussion about akhavakat dinar exchange rate against the dollar, and how to develop the financial and banking sector in the country. (more…)
08-04-2013 12:49 PM
Baghdad (newsletter). Excluded Economist Salam Al-Quraishi, the stability of the Iraqi dinar exchange rate against the US dollar when you increase the supply of foreign exchange in the market, it will impact on the size of the cash reserve at the Central Bank.
He said Al-Quraishi (News Agency): that the current monetary policy by the Central Bank are not based on scientifically valid, accurate, pulling down dinar exchange rate during the period. (more…)
It seems that the counterfeiting of currency is a lucrative business with the outlaws, which appear from time to time cases of counterfeiting Iraqi currency with five groups of thousands and ten thousand dinars.
The number of citizens complained in the governorates of Baghdad and Dhi Qar and Babil and Salaheddin the spread of counterfeit currency and dramatically in the market, pushing them to resort to buying dollars to keep their money. (more…)
Baghdad (newsletter). Anticipating financial expert as Hadi al-Tamimi, increasing the dollar exchange rate dinar during the coming period after the action taken by the Central Bank for doubling the share of remittance companies hard currency.
He said Al-Tamimi (News Agency): that the Central Bank will not remain silent before declines in the Iraqi dinar exchange rate but that it would take necessary actions to return the normal price. (more…)
Published on Wednesday, 03 April / April 2013 09:47
reliable financial source revealed, Wednesday, that the central bank will double during the next two days, the share of money transfer companies and foreign currency banking.
The source told “obelisk” that “is heading the Central Bank of Iraq to double the quota of companies financial and banking transformation of foreign currency weakness,” adding that “the application of this directive will be during the next two days, and will include doubling companies are committed to the instructions of the bank.” (more…)
01-04-2013 11:29 AM
Baghdad (news) .. According to economist Ismail Radi, that increase ports open for the sale of hard currency by the banks will decrease U.S. dollar against the Iraqi dinar, because it will meet the market needs of the dollar.
Radi said (of the Agency news): The reason for increasing exchange rate U.S. dollar against Iraqi dinar during the current period in the domestic market, due to the measures the central bank Tough to sell hard currency and to the lack of dollar in the market. (more…)
02/04/2013 09: 03
Facing the Iraqi dinar fell rapidly in value, rising US dollar registered 1,270 dinars per dollar, versus 1,220 euros in mid-March. And ascribe to this worsening mainly to smuggle hard currency (the dollar) to Syria and Iran, which suffer from economic sanctions, have caused shortages of hard currency, and this is one of the main reasons for the increase in demand for dollars by Iraq, so declining Iraqi dinar exchange rate. (more…)
Published on Wednesday, March 27 / March 2013 21:21
Attribute a number of economists reason for the high dollar prices in the local market in Iraq to tighten controls followed by the central bank in the currency auction day to sell the dollar, and an illustration of the central bank governor said shop owners banking baptized to raise the exchange rate, calls subject to the laws of Bank.
The director of the Center for Economic Information Iraqi Dergham Mohammed Ali for “obelisk”, “The controls applied by the central bank on the buyer the U.S. currency needs to pass through the routine long and provide identification documents may not be available to the buyer only after a long time due to lack of time, and therefore there will be need to buy dollars from other outlets, even if a higher profit margin “. (more…)
March 21, 2013 11:22 PM Last Updated: 21 Mar 2013 11:22
Refer rapporteur of the committee of economy and investment MP for the coalition of Kurdish blocs Mahma Khalil, a low exchange rate of the dinar against the dollar to a variety of reasons the most important problems that occurred job bank and executive interference decisions Central
said Khalil told “Nahrain News”: There are many reasons made from the Iraqi dinar decline against the U.S. dollar, including the political climate is stable and deteriorating security conditions that prompted citizens to convert their money into foreign currency (more…)
March 14, 2013 12:06 Last updated: 14 Mar 2013 12:06
Refer economist Salim al-Daini, reasons to increase the price of the dollar against the dinar to the measures taken by the central bank in the process of selling hard currency, calling it a complex procedure and is supportive of the Iraqi dinar.
said Daini (of the Agency news): The central bank is responsible for rate cut Iraqi dinar exchange against the U.S. dollar, because of its procedures complex sell hard currency in the auction. (more…)
HA NOI (VNS) — At least 90 per cent of local banks believe that inflation will stay in the single-digits this year, according to a survey conducted by the State Bank of Viet Nam (SBV).
Nearly 70 per cent of banks predicted that the mobilised and lending interest rates for the Vietnamese dong would go down by about 2 per cent, the SBV’s Monetary Statistics and Forecasting Department said. (more…)
03.10.2013
Baghdad (news) warned member of the Finance Committee National Alliance MP Amin Hadi Abbas, the continued reduction of Iraqi dinar exchange rate against the U.S. dollar in the coming period as a result of actions the central bank for the sale of hard currency.
Abbas said (of the Agency news): The cause of the devaluation dinar during the current period due to the complicated procedures followed by the central bank to the sale of hard currency in the auction, calling for easing measures sales to meet the market need of the dollar. (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 17-Feb-2013. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 24 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 165,344,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 165,344,000 |
| Total offers for selling (US$) | —– |
The latest daily currency auction was held in the Central Bank of Iraq on the 14-Feb-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$) | 171,447,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 171,447,000 |
| Total offers for selling (US$) | —– |
The latest daily currency auction was held in the Central Bank of Iraq on the 13-Feb-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$) | 190,915,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 190,915,000 |
| Total offers for selling (US$) | —– |
The latest daily currency auction was held in the Central Bank of Iraq on the 12-Feb-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$) | 205,945,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 205,945,000 |
| Total offers for selling (US$) | —– |
Date: Sunday 02/10/2013 05:57 pm
Member of the Committee on economy of the excluded access equal a dollar Iraqi dinar during the next period
Date: 13/02/10 12: 25: 55 Sunday
Baghdad (newsletter). Excluded Member of the Committee on economy and investment Deputy of Iraqi/coalition/nahida Al-daini, the exchange rate of the US dollar per thousand Iraqi dinars during the same period coming in under the current economic policy. (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 10-Feb-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$) | 210,813,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 210,813,000 |
| Total offers for selling (US$) | —– |
The latest daily currency auction was held in the Central Bank of Iraq on the 7-Feb-2013. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 25 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 209,712,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 209,712,000 |
| Total offers for selling (US$) | —– |
