CBI: The rising foreign reserves enhances confidence in local currency

announced Central Bank Governor Sinan Shabibi for high reserve bank cash of $ 50 billion to 60 billion dollars, indicating that the process of deleting the zeros will begin early next year. Shabibi said (Rn): The reserves of Iraq cash rose to $ 60 billion after it was last year’s $ 50 billion.

Height of the Iraqi Central Bank reserves to 60 billion dollars

11/05/2012 11:58

Baghdad, May 11 / May (Rn) – The Iraqi Central Bank Governor Friday high reserve bank cash of $ 50 billion to 60 billion dollars, indicating that the process of deleting the zeroes will begin early next year.

said Central Bank Governor Sinan Shabibi told the Kurdish news agency (Rn ) that “the reserves of Iraq cash rose to $ 60 billion after it was last year’s $ 50 billion.”

Member of Finance Committee: Procedure for sale of foreign currency the central bank to the interests of the Iraqi dinar Atsb

On: Friday 05/11/2012 11:13

Baghdad (news) .. Criticize a member of the Finance Committee in Parliament MP from / National Alliance / Amin Abbas, the measures taken by the Central Bank adopted for the sale of hard currency because it ascertains the balance between the Iraqi dinar and the U.S. dollar, through the presentation of quantities in the local market.

Talabani, Maliki agree to solve political problems through national conference

Date: Friday, 11-05-2012 02: 55 pm

Baghdad (newsletter) … President Jalal Talabani discussed Friday, with Prime Minister Nuri al-Maliki, a detailed outline of the political problems facing the State-building process.

Calls for strengthening the independence of the Central Bank

On: Friday 5/11/2012 6:00

of new House Speaker Osama al call for the need for the independence of the Central Bank, as stipulated in the provisions of the Constitution and the law of the Central Bank, stressing at the same time, the Council rejected any kind of interference in the work of this institution.

Watermelon calls for the need to speed up the enactment of a law prevents the proxy management positions

Friday, May 11 / May 2012 11:27

Called on the Iraqi bloc white to the need to accelerate the enactment of a law prevents the proxy management positions.

The Secretary-General of the mass of the beauty of watermelon, told all of Iraq [where] that “the proposed cancellation of management positions by proxy and name own name is important and the need and call to speed up legitimizes in Parliament, especially with the existence of positions are managed in this way for more than five years and this is not possible in the institutional work.”

Director of Light Industry Co. warn the government of ignoring the law of customs tariff

11/05/2012

Baghdad: JD appealed expert Ihsan Salloum Managing Director of the Light Industry Co. one of the mixed sector companies the Iraqi government to provide adequate support and necessary for the continuation of work and production company in particular and to promote and improve companies mixed sector in general and that the state owns shares in 51% and for being one of the companies prestigious and first in the industry home appliances brand Ishtar.

Member of the economy and investment representative expresses the fears of Iraq’s dependence on oil

Follow-up – and babysit – she a member of the Committee of Economy and Investment parliamentary Nora Salem fears of Iraq’s dependence on oil in its economy, despite only having great wealth because of the wars during the former regime.

Fitch affirms Vietnam at ‘B+’; outlook stable

VietFinanceNews.com – Fitch Ratings has affirmed Vietnam’s Foreign- and Local-Currency Issuer Default Ratings at ‘B+’. The Outlook for both Ratings is Stable. The Country Ceiling is also affirmed at ‘B+’, and the Short-Term Foreign Currency IDR at ‘B’.