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Iraqi Dinar, the latest Iraqi dinar news.
Parliamentary committee demands CBI preserve Iraqi Dinar price
Related topics: CBI, IQD, Iraqi dinar, Oil
Baghdad (IraqiNews.com) The Economy and Investment Parliamentary Committee demanded the Central Bank of Iraq maintain the price of the Iraqi dinar in exchange of foreign currencies. The Secretary of the Committee, Mahma Khalil, told IraqiNews.com ”The CBI is obliged to preserve the price of the Iraqi Dinar in return of foreign currencies since the currency [...]
July 16, 2013Read More
New Academy for financial, banking training inaugurated in Erbil
Related topics: Erbil, Iraqi dinar, Kurdistan
Erbil (IraqiNews.com) The US Mission in Iraq inaugurated the Academy for Financial and Banking Training in Erbil City. The US Embassy in Iraq mentioned in a statement, received by IraqiNews.com on Friday “Inauguration of this academy has been done through cooperation and partnership among the USAID, German Association for International Cooperation GIZ and the German [...]
July 5, 2013Read More
Parliamentary committee attributes Iraqi Dinar price decline to CBI policy failures
Related topics: Baghdad, CBI, IQD, Iraqi dinar
Baghdad (IraqiNews.com) The Economic Parliamentary Committee attributed the continuous decline in the value of the Iraqi dinar in exchange of USD price to “the unsuccessful policy adopted by the Central Bank of Iraq.” The Secretary of the Parliamentary Committee, Mahamma Khalil, stated to IraqiNews.com that ”The continuous decline in the price of the Iraqi dinar [...]
June 2, 2013Read More
IQD value rapidly deteriorates
Related topics: Baghdad, IQD, Iran, Iraqi dinar, Syria
Baghdad (IraqiNews.com) 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 [...]
May 14, 2013Read More
Parliament, CBI, discuss issuance of decisions to maintain Iraq’s funds
Related topics: Baghdad, CBI, Iraqi dinar
Baghdad (IraqiNews.com) The Iraqi parliament chairmanship discussed with head of the Financial Supervision Council FSC, and acting governor of Central Bank of Iraq, Abdul Basit Turki, the issuance of the decisions which help protect the Iraq’s unds for the next year and addressing the country’s debts. A statement by the Media Office of the Parliament [...]
May 12, 2013Read More
CBI Auctions Accused of Encouraging Money Laundering
Related topics: CBI, Iran, Iraqi dinar
Hard currency auctions held daily by the Central Bank of Iraq are facing allegations of making money laundering more widespread, and potentially allowing dollars to be funneled into Iran. For nearly ten years, the CBI has held auctions each day, in which hard currency is sold to banks, companies and trading entities. Individuals are not permitted to [...]
April 29, 2013Read More
MoF limits Rasheed Bank’s sale of US dollars for Iraqi dinars
Related topics: Baghdad, Iraqi dinar
Baghdad (IraqiNews.com) The Ministry of Finance ordered Rasheed Bank’s US dollar to Iraqi Dinar currency sales to be limited to the Head Office of Rasheed Bank and its Shurja branch exclusively only to customers with passports and airplane tickets. The Ministry of Finance reported in statement received by IraqiNews.com on Thursday “The Acting Minister of [...]
April 18, 2013Read More
USD price fluctuations cost Iraq 3 billion US dollars within 2 months
Related topics: Baghdad, Budget, Iraqi dinar, Oil
Baghdad (IraqiNews.com) Member of Parliament Kadhim al-Shimari, the official spokesperson of the White Bloc reported in a statement received by IraqiNews.com that “The international reports confirm that the huge state budget of Iraq only depends on the revenues of oil exports sent to the Iraq development fund within the International Development Fund.” “The Iraqi economy [...]
April 13, 2013Read More
Iraqi dinar to have 3 zeros canceled by the Central Bank of Iraq according to Finance Commissioner
Related topics: Budget, Iraqi dinar
The Iraqi dinar will have 3 zeros canceled by the Central Bank of Iraq according to Finance Commissioner, MP Abdul Hussein al-Yassiri. MP al-Yassiri told Iraqi News that “it is supposed that this year will witness necessary preparations to cancel three zeros from the currency”. He added that his commission supports such move for its [...]
April 13, 2013Read More
Araji: Parliament discusses new administration of CBI after increase of USD’s price against Iraqi Dinar
Related topics: Baghdad, CBI, IQD, Iraqi dinar
Baghdad (IraqiNews.com) The head of the Parliamentary Integrity Committee, Baha al-Araji, announced that a file is opened for the new administration of the Central Bank of Iraq after the increase of the price of the USD in Iraq againt the Iraqi Dinar. Speaking to Iraqi News (IraqiNews.com), he said “The file was opened by the [...]
March 3, 2013Read More
Iraqi Cabinet rules out replacing or omitting zeros from Iraqi dinar
Related topics: Baghdad, Iraqi dinar
Baghdad (IraqiNews.com) The Secretariat General of the Council of Ministers ruled out replacing the Iraqi dinar or crossing out the zeros from it in this phase. A statement by the SG quoted its Secretary General, Ali al-Allaq, as saying “The project of replacing the Iraqi dinar and omitting the three zeros from it was discussed [...]
February 4, 2013Read More
Parliamentary Economic committee warns of reducing Iraqi balance of gold
Related topics: Baghdad, Iraqi dinar
Baghdad (IraqiNews.com) The Parliamentary Economic Committee warned from the impact of reducing the Iraqi balance of gold on the national economy.The Secretary of the Committee, Mahama Khalil, reported to IraqiNews.com that ”Reducing the Iraq balance of gold means increasing inflation and creating incorrect economic policy thus we say that the reduction of Iraqi balance of [...]

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