Archive for July 20, 2013

Search House Speaker Osama Najafi with the Governor of the Central Bank of Iraq and Abdul Basit Turki agency, control mechanisms on the exchange rate, and procedures against the violation banks.

The central bank has promised to take measures to lift and install the dinar as it was in the past, but the rate of the dinar is still volatile in the Iraqi market to fall and rise. According to a press release of the Office of the President of the House of Representatives that “Najafi discussed during a meeting in his office’s central bank governor Agency ways to reduce the damage caused by Policy bank earlier and forwarded to the judiciary. (more…)

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20-07-2013 06:22 AM

Baghdad (newsletter). The economic expert on behalf of Abdel Hadi, the private banks to lower the exchange rate of the dollar will stabilize the value of the Iraqi dinar.

Abdul Hadi (News Agency): the private banks by lowering the dollar to 1180 dinars will stabilize the value of the Iraqi dinar against other currencies and enable transparency in dealing with foreign currencies, as well as reduce the speculation. (more…)

20-07-2013 10:31 AM

Baghdad (newsletter). Member of the Economic Committee confirmed the MP from iraqiya noura Salem albegari, low gold on the world market doesn’t affect on the reserve at the Central Bank.

She said albegari (News Agency): the Central Bank has $ 76 billion of oil reserves and 7 billion dollars in gold reserves, distributed in the Bank for international settlements as a cover for the Iraqi currency. (more…)