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Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts

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Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts Empty Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts

Post by IQD4US on Tue Jan 01, 2013 11:32 pm

Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts FilemanagerBaghdad (news) .. According to Executive Director of the Association of private banks Abdul Aziz Hassoun, that the central bank has decided to open its auction public sector to buy and sell foreign currency on Wednesday, despite the fact that this week is a period of restoration and closure of the financial accounts for the year (2012).
said Hassoun (of the Agency news): The Central Bank new urges the application of the system in financial transactions by banks and importers to maintain the exchange rate of the dollar against the dinar in the local market. continued: So I decided not to close the auction for the sale of hard currency during the current week and Stfathh tomorrow so as not to market remains idle for a long time and a breach in the dollar exchange rate, although most of the financial institutions closed its financial accounts for the year (2012) during this week to begin calculations new in the first month of the new year. stressed the Iraqi Central Bank on the eighth of December, the current, on the application of the plans to control the stability Iraqi currency in local markets and the amount of hard currency in circulation. central bank held the Iraqi auction of five meetings weekly starting from Sunday to Thursday for the sale and purchase of foreign currency, and receive a commission for cash sales and transfers of about 13 dinars per dollar. / end / 8. d. Q /

http://www.ikhnews.com/news.php?action=view&id=69447


Last edited by IQD4US on Tue Jan 01, 2013 11:48 pm; edited 1 time in total (Reason for editing : link)
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Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts Empty Re: Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts

Post by Guest on Tue Jan 01, 2013 11:48 pm

What about this from the other day...




Nora البجاري expects delayed the adoption of the budget until next March

12/30/2012


BAGHDAD / JD / .. parliamentary economic committee revealed mistakes in the budget year figures may be spontaneous or deliberate government, unexpected delay in the adoption of the budget until next March.
said committee member MP for the Iraqi List, Nora البجاري / JD /: "The Finance Committee Parliamentary re-balancing of the government because of errors in the allocation of the House and the Human Rights Commission and the Judicial Council, adding that the allocations were too low compared to previous years.
added البجاري, that these errors may be spontaneous or deliberate, the government modified, so it was re-balancing them by more than 15 days.
ruled out placeholders, that is adoption of the budget until the end of next March, for the delayed response from the government and the holidays with the country and the Parliament.
has stalled the process of adoption of the law going forward Federal in 2013 because of differences between the committees of the Parliament and the Government on increasing allocations of the three presidencies in addition to demanding assignments retirement and determine ratios surpluses of oil revenues to be distributed to the people.
A member of the Finance Committee parliamentary deputy for the Iraqi List, Ibrahim al-Mutlaq in an earlier statement / JD /: The main reason for the re-budget next year for the government, is the political differences existing and which is now floating on the surface, all the blocks Political except state law to have reservations on the budget.
added Mutlaq, the Finance Committee has reservations about increasing allocations of the three presidencies and increasing amounts of cash of their own, and dedicated to national reconciliation and the integration of militias, as well as that each deputy has proposed would add it when you make adjustments to the budget, so has returned to the government.
pointed Mutlaq to assignments cabinet too big and not commensurate with the number of employees in the Council.
Prime Minister Nuri al-Maliki has reduced the possibility of the House of Representatives vote on the budget next year in light of wrangling and political differences, as he emphasized that it does not include projects to solve the problem citizens.
said in his speech festival sovereignty and national reconciliation: There doubts the possibility of approval of the Council of Representatives on the budget next year in light of wrangling and escalation and that this budget where there is no new projects to solve the problem of citizens.
has discussed parliamentary Finance Committee in a meeting chaired by Haider Abadi, head of the Commission replies The Ministry of Finance on the first part consignee of proposals House members some of the paragraphs included in the budget bill 2013.
meeting addressed the topic of allocations Act grant students that had been agreed with the government to add customizations to the law grant students (legislator recently) and also add assignments to law retirees (if enacted) and was confirmed by the Commission on the books sent by her to the Ministry of Finance on cash balances and budgets detailed level circuits each ministry. "
The committee recommended definitely on to meet a draft budget law for fiscal year 2013 for a vote in the middle of the month next was emphasized also include a report of the Finance Committee prepared on budget 2013 all correspondence sent by the Commission to the Ministry of Finance and Office of Financial Supervision and follow up the matter later to clinching.
During the meeting raised the issue of salaries students married covered social welfare which causes a major problem afflicting students a principle proportion of the population in the distribution mechanism based salaries, demanding the adoption of the need and the number of married couples in all of Iraq's provinces by priority without relying on the population. "/ Finished / 11 N /



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Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts Empty Re: Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts

Post by IQD4US on Wed Jan 02, 2013 4:26 pm

punisher wrote:Sounds like possible good news....

Only posted this as the reasonable explaination as to why the guru's are calling for the 6th. That is when "normal" banking and stock markets return for them.

As far as the other article - I have seen both sides in the same papers. Until I see that the changes that have been agreed upon come back and THEN they still have a problem then I wouldn't worry. All the changes to be made at this point are BY AGREEMENT - and they say that if those changes are written as agreed - it will be voted on and called good.
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Post by Guest on Wed Jan 02, 2013 4:40 pm

Agreements are only as good as the leaders agreeing.

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Post by SEBtopdog on Wed Jan 02, 2013 4:51 pm

punisher wrote:Agreements are only as good as the leaders agreeing.

Whew.....You sure got that right, punisher! That's true in Iraq, and it's certainly the case right here in the USA.

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Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts Bump~0 Will someone please let the RV Widget out of the jar?
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Post by Terbo56 on Wed Jan 02, 2013 5:38 pm

They're ALL brain dead as far as I'm concerned- Dudley Doright of the Canadian Mounties could do 100% better, and 'Nell' would make a great vice president-
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Post by Kevind53 on Wed Jan 02, 2013 5:44 pm

Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts Sa103111

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Post by Terbo56 on Wed Jan 02, 2013 5:53 pm

Now 'That' is what I'm talkin' about!!Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts 2218296283Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts 2834342768Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts 2834342768
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Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts Empty Re: Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts

Post by Guest on Wed Jan 02, 2013 6:04 pm

@SEBtopdog wrote:
punisher wrote:Agreements are only as good as the leaders agreeing.

Whew.....You sure got that right, punisher! That's true in Iraq, and it's certainly the case right here in the USA.

All politicians are the same...except ARNOLD Director of private banks: central bank will open the foreign currency auction tomorrow despite the closure of the financial accounts 3508649203

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