Archive for March 14, 2013

Screen Shot 2013-03-14 at 1.50.53 PM14/03/2013 | 07:26 PM | Kuwait News
KUWAIT, March 14 (KUNA) ­­ HH the Prime Minister Sheikh Jaber Al­Mubarak Al­Hamad Al­Sabah said that the relationship between Kuwait and Iraq was “too strong to be affected by a number of individuals”, as he expressed hope the Iraqi government would be up to the task of protecting border posts between both countries. (more…)

Screen Shot 2013-03-14 at 12.35.46 PMThursday, 14 March 2013 11:19

Baghdad (AIN) -The Secretary-General Ban Ki-moon on Wednesday urged Iraq to “immediately remove all obstacles” hindering the “timely completion” of the Iraq-Kuwait Boundary Maintenance Project (IKBMP) by the end of this month.

In a written report to the Security Council on the work of the UN Assistance Mission in Iraq (UNAMI), Ban urged Iraq to fulfill “all” its outstanding obligations “without further delay,” and told both countries that a “historic opportunity” is at hand to fully normalize their relations. (more…)

14/03/2013 11:50:00
BAGHDAD / NINA / Prime Minister Nuri al-Maliki received the ambassadors of the permanent members of the UN Security Council to Iraq. (more…)

CBI announces near new decisions to reduce the high rate of foreign currencies

Iraqi Central Bank announced on Thursday that it was taking a number of new decisions that will change the exchange rate of foreign currencies against the Iraqi dinar and thereby contributing to its stability in the currency market.

The bank said in a press statement received / Baghdadiya News / copy of “Central Bank and after follow-up floury to the high exchange rate of foreign currency in the secondary markets in Iraq, tends to take many new decisions to maintain the stability of the exchange rate of these currencies in the market.” (more…)

Published on Thursday, March 14 / March 2013 12:48

CBI said, Thursday, he was in the process of implementing a number of decisions aimed at stabilizing the foreign currency exchange rates, stressing that responsible for maintaining this stability commensurate with concern for the stability of the dinar exchange rate according to data of the Iraqi economy.

The bank said in a statement obtained by “obelisk”, a copy of which he was “closely following the changes in exchange rates in the domestic market and the high price of foreign currency in the secondary markets in Iraq regardless of the reasons for these changes and sources and intentions manipulated, the Bank remains is responsible for stability and commensurate with concern for the stability of the dinar exchange rate according to the data of the Iraqi economy. ” (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…)

03/14/2013 Needs translation
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14-03-2013 10:18 AM

According to a police source in the province of Dhi Qar, Thursday, that the security forces seized a printing press for the Counterfeiting of currency and deposits of local currency counterfeit downtown Nasiriyah.

The source, who asked not to be named in a press statement that ‘the power of the police this morning raided a house in the neighborhood of Sumer downtown Nasiriyah and seized a printing press for counterfeit currency and nearly two million dinars from counterfeit currency and arrested the owner of the printing press’. (more…)

14-03-2013 12:37 PM

Baghdad (newsletter). Caution the decision of the Commission on economy and investment Deputy/Kurdistan blocs Coalition/mehma Khalil, from the proliferation of counterfeit currency in different categories of the dollar in the market because it would adversely affect the economy, calling on security forces to intensify their efforts to control and prevent the spread of fraud.

He said Khalil (News Agency): the primary responsibility for maintaining the Iraqi currency and not the manipulation of solvent people by weak souls lies with the Federal Government and security agencies, to monitor processes that have an impact and damage to the national economy. (more…)

The opening of bids for the sale and purchase of the dollar daily three hundred and five and thirty two thousand for the sale and purchase of foreign currency in the Iraqi Central Bank on Thursday 14/03/2013 The results were as follows:

Number of banks to contribute to the auction 20
Price foundation on which successful bidder selling dinars / dollars 1166
The price at which successful bidder JD Hraoua / USD —–
The amount sold by the bank at auction – $ 122,560,000
Amount the buyer by the bank at auction – $ —–
Total Leads – U.S. 122,560,000
Total Offers – U.S. —-