Category: All Dinar Trade Articles
Central Bank Called by Private Banks and the Latter Calls for New Legislation
| February 18, 2012 | Filled under All Dinar Trade Articles |
The Iraqi Central Bank agreed to remove the restrictions impede the movement of “private banks” within the local market, announcing the lifting of uncertainty about some articles of the law of Iraqi banks in 2004. The Association emphasized the private banks reached the committee of the Central Bank and the Securities and private banks, some of the paragraphs to clarify…
Economic Parliamentary Calls for CBI to Set Controls for the Sale of Currency
| February 18, 2012 | Filled under All Dinar Trade Articles |
Baghdad, The Economic Committee in the Iraqi Council of Representatives, Friday, Central Bank of Iraq to develop controls and monitor the sale of hard currency, at the time carried the government and the executive committees of an economic responsibility to the fake currency entering the Iraqi market. A member of the Committee Mahma Khalil told the Kurdish news agency (Rn)…
Central Bank: GDP of Iraq Will Rise from 180 to 350 Billion Dollars After Two Years
| February 15, 2012 | Filled under All Dinar Trade Articles |
Baghdad – Mostafa Hashemi said the deputy governor of the Central Bank that the conditions experienced by the neighboring countries do not affect the Iraqi dinar exchange rate. Confirmed the appearance of Mohammed Saleh told (the citizen) that the strength of the Iraqi dinar is derived from a link Iraq to the global economy. He emphasized that the events…
Central Confirms the High Sales of Foreign Currency
| February 14, 2012 | Filled under All Dinar Trade Articles |
The central bank said it did not reduce the sales of hard currency, but the imposition of measures to protect the country’s economy from deteriorating. The deputy governor of Bank of the appearance of Mohammed, according to (Rn), bank sales fell after the imposition of new measures for transactions of $ 200 million to less than $4 million last Thursday,…
Kirkuk: 600 Billion Dinars Allocations of Petrodollars and the Development of Regions
| February 13, 2012 | Filled under All Dinar Trade Articles |
The Board of Kirkuk to balance the preservation of the 2012 from my program petrodollars and the development of regions of 600 million dinars. Said Council President Hassan Turan Bahaa Eddin said that “for everyone to make determined efforts to take advantage of the huge budget accruing to the province this year, amounting to about 600 billion dinars, and seek…
Iraqi Dinar: Scam or God-Send?
| February 7, 2012 | Filled under All Dinar Trade Articles |
For the past nine years the Iraqi Dinar has had a crowd of hopeful, devoted and sometimes discouraged followers. Imagine being able to buy a million Iraqi Dinar for $1170. One thing we can all agree on is that the current Dinar is worthless. But many believe it is no more than a scam and will never be worth anything. While…
Project to Delete the Zeros from the Currency Table to Study the Central
| February 1, 2012 | Filled under All Dinar Trade Articles |
Anbuge deny any comments thereon Baghdad morning Announced the Central Bank of Iraq, he began to study the need of the project to delete the zeros of the national currency and to prepare draft legislation for presentation to Parliament, while the dismissed adviser in the Prime Minister Abdul Hussein Al-Anbuge is attributed to him talk about the process of…
Parliament Calls for the Central Bank to Raise the Price of the Dinar Against the Dolla
| January 29, 2012 | Filled under All Dinar Trade Articles |
The member of parliament Abdul-Hussein Abtan the central bank to work on raising the price of the dinar against the dollar and to improve the living conditions of the individual. Abtan said, according to the Agency (news): the central bank to do a study to raise the rate of the dinar against the dollar and foreign currency in excess of…
Central Bank of Iraq Raises the Value of Iraqi Dinar
| January 23, 2012 | Filled under All Dinar Trade Articles |
Central Bank of Iraq announced that it revaluated Iraqi Dinar 3.4% in exchange with Dollar. This decision will affect the exchange rate of Iraqi Dinar against US dollar in Iraqi markets, Central Bank stressed. “During his daily auction of foreign currencies’ exchange, Central Bank raised the value of Iraqi dinar against the dollar with a percentage of 3.4% which counts…
Parliamentary Finance: Delete the Zeros from the Currency Needs to be Two and Three Stages
| January 22, 2012 | Filled under All Dinar Trade Articles |
Baghdad, A member of the Finance Committee MP Haitham Jubouri that the process of removing zeros from the currency needs to be two and three stages. He explained in a press statement: “The stages of the deletion of zeros from the currency, divided into three phases, first phase, lasting six months to provide services printing, while the second phase of…
The Central Bank Raise the Price of the Iraqi Dinar Against the Dollar
| January 20, 2012 | Filled under All Dinar Trade Articles |
Baghdad, Central Bank of Iraq said raising the price of the Iraqi dinar against the dollar by 3.4%, confirming that the decision would affect the exchange rate of the dinar against the U.S. dollar in the Iraqi market. The deputy governor of the Central Bank of the appearance of Mohammed Saleh in an interview for “Alsumaria News”, “The Bank’s…
Dollar Trading Phenomenon Invading Iraqi Markets
| January 17, 2012 | Filled under All Dinar Trade Articles |
BAGHDAD – Bashir Khazaal Many trading the U.S. dollar in most commercial transactions within the Iraqi market, especially after 2003, and became easy to be performed of any person regardless holdings of U.S. currency in the supermarket or even when the owners Bsttiyat of cigarettes, it is no longer limited to the shops banking which were approved, the work in…
After Endorsement of the Decision to Delete the Zeros .. Central Set Two Years to Replace the Currency
| January 15, 2012 | Filled under All Dinar Trade Articles |
After the Board of Directors approved a resolution to delete the zeros after the completion of the new currency designs, the central bank announced Saturday that the process of replacing the currency will take two years. The deputy governor of the Central Bank of the appearance of Mohammed Saleh, “said the bank’s board had approved the decision to delete the…
Low Price of the Iraqi Dinar Against the Dollar Catastrophic
| January 11, 2012 | Filled under All Dinar Trade Articles |
Baghdad, The member of the Finance Committee, the parliamentary deputy Haitham Jubouri Central Bank to increase liquidity to maintain the value of the Iraqi dinar against the U.S. dollar. Jubouri said that “Iraqi currency in recent years have seen a fluctuation large a decline in the price of the Iraqi dinar against the U.S. dollar This catastrophic economic damage to…
Central Bank Follows the Steps to Maintain the Balance of the Dinar Against the Dollar
| January 8, 2012 | Filled under All Dinar Trade Articles |
Baghdad, The member of the Finance Committee, the parliamentary deputy / National Alliance / Abdul-Hussein al-Yasiri to not interfering with the central bank to achieve Precautions high and strengthen the Iraqi dinar in the market. Yasiri said in a statement (for the Agency news) on Friday: order to maintain the Iraqi dinar in the market to be non-interference to the…
Per Capita Income in Iraq to Reach $10,000 in 2015
| January 7, 2012 | Filled under All Dinar Trade Articles |
Azzaman- Iraqis’ per capita income will double in three years, the Central Bank said. The bank’s deputy governor, Mohammed Saleh, said the per capita income in the country will shoot to $10,000 from the current $5,000. “Iraq’s GNP will be between $300 to $350 billion in 2015 with average per capita income reaching $10,000,” he said Saleh said…
Central Bank Intervenes in Defense of Iraqi Dinar
| January 3, 2012 | Filled under All Dinar Trade Articles |
The Central Bank says it will not allow the Iraqi dinar to depreciate and has been selling hundreds of millions of dollars to keep the currency stable. The Iraqi dinar weakened in December last year, prompting the bank to sell dollars in a bid to withdraw cash from Iraqi markets. The bank did not say what brought the dinar…
ECONOMY: 21 Billion Iraqi Dinars Granted for 2,000 Kurdistan Young Men, as Part of Small Credits
| December 31, 2011 | Filled under All Dinar Trade Articles |
ARBIL / Aswat al-Iraq: The Minister of Labor & Social Affairs in north Iraq Kurdistan Region’s government has said that her Ministry had distributed 21 billion Iraqi dinars among 2,000 Young Men, being part of a project for granting small credits, aimed at putting an end for unemployment in the Province. “Our Ministry has managed till now to spend more…
The Central Bank Intends to Establish a Trade Bank of Iraq Under the Tutelage
| December 25, 2011 | Filled under All Dinar Trade Articles |
Baghdad / follow-up term economic In the remarkable development the central bank of Iraq’s intention to subject the Trade Bank of Iraq (TPI) to the guardianship of him in the event did not improve his financial situation in a few months, stressing the need to restore the bank all loans and build policy lending new. The deputy governor of…
Central: the Return of the Dollar Exchange Rate to What it Was
| December 22, 2011 | Filled under All Dinar Trade Articles |
BAGHDAD – Fulayyih Heidar al-Rubaie Down the dollar exchange rate to what it was a few weeks ago to stand at 1,200 dinars per dollar, and comes at a time deliberately in which the central bank to pump more than 400 thousand dollars to the local market to fill the growing needs of the dollar, which invited him to double…
Central Bank Announces the “National Key” to Facilitate the Payment System and Instruments in Iraq
| December 21, 2011 | Filled under All Dinar Trade Articles |
Baghdad, Central Bank of Iraq for starting a key national who cares about the introduction of modern technologies in the banking system by facilitating the work of the payments and instruments in Iraq. The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a statement to the Agency (news) on Saturday: that the central bank is…
Parliamentary Looking Economy with the Governor of the Central Bank Project to Delete the Zeros from the Iraqi Currency
| December 14, 2011 | Filled under All Dinar Trade Articles |
BAGHDAD- Committee discussed the economy and investment representative with the Governor of the Central Bank of the project to delete the zeros from the Iraqi currency. A member of the Committee Aziz Mayahi in a statement received by all of Iraq [where] a copy of it today that “The Commission on Economy and Investment hosted on Iraqi Central Bank Governor…
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