Central Bank is witnessing a decline in demand for the dollar
12/31/2012

BAGHDAD / obelisk: sales of the Iraqi Central Bank of the dollar on Monday, down in the auction on the sale and purchase of foreign currencies, reaching 191 million and 437 thousand dollars, compared with 241 million and 848 thousand dollars recorded in the previous session, and covered the central bank at an exchange rate basis was 1166 dinars per dollar.

The bulletin auction bank that the aggregate demand for the dollar distributed by (23.3 million) in cash, and (137,000, 168) dollars in the form of remittances fully covered by the bank foreign exchange rate was 1179 dinars per dollar, including the central bank's commission amounting to 13 dinars per dollar.

The bulletin indicated that the 21 banks participating in the auction today did not make any offers to sell the dollar.

And regulates the Iraqi Central Bank auction of five meetings weekly from Sunday to Thursday for the sale and purchase of foreign currency, and receive a cash commission on the sale and transfers of about 13 dinars per dollar.
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Central Bank calls for banks to get the right to sell the U.S. dollar
December 31 2012

BAGHDAD / obelisk: stressed the Central Bank of Iraq, Monday, he was in the process of opening the door to get the right to sell the dollar for all Iraqi banks.

The governor of the Central Bank and Abdul Basit Turki Agency for "obelisk", "The bank has decided to open the door to all banks for window sell the currency from the beginning of next year."

Turki added, "This decision will reduce the effort on the citizen to go to currency outlets will reduce the momentum would also bring the principle of justice for all private banks wishing to deal selling the currency to citizens."

". Turki pointed out that "the bank will receive applications from private banks as of next Wednesday."

And regulates the Iraqi Central Bank auction of five meetings weekly from Sunday to Thursday for the sale and purchase of foreign currency, and receive a cash commission on the sale and transfers of about 13 dinars per dollar.
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Central Bank puts the Bank 'across Iraq' under his tutelage
2012 - 12 - 21

Development of the Iraqi Central Bank Bank 'across Iraq' NCB under guardianship, which is the sixth action of its kind and the third within one year. Congress considered that step «frustrating for those looking to invest.

He attributed the central bank said in a statement, the decision to place one of the largest private banks under guardianship, owned by the brother of the leader of the Iraqi List, Iyad Allawi, to «committed many financial irregularities.

He pointed out that «Pat trustee bank, who heads the board of directors morning Hashem Allawi, and has as its headquarters in Beirut and branches in the governorates of Iraq. The central bank imposed its guardianship and financial management on the Bank «Warka» Special March last, because «the lack of liquidity.
 
A source in the «Central» «life», that the decision of the Trusteeship new right bank «across Iraq, based on the decision of the Board of Directors« Central »Adopted last month, according to the provisions of Article 40 of the Law on the Central Bank of Iraq.
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Central Bank Warka Bank choice between liquidation and payment of 200 billion dinars
19-12-2012 17:02

Alsumaria News / Baghdad : face the Iraqi Central Bank, on Wednesday, warning liquidation of Warka Bank for Investment and Finance, unless repaid $ 200 billion Iraqi dinars before the end of this month. , the bank said in a statement released today, and got "Alsumaria News", a copy of which, "The Warka Bank for Investment and Finance and faced several problems and committed his administration numerous errors which summoned the Iraqi Central Bank to impose trusteeship upon start act Capricorn liquidate him, "noting that" major shareholders in the bank offered several proposals for rehabilitation. "

the bank said that "studied options liquidation and rehabilitation With great care the interests of depositors and their rights, "adding that he" noted that the liquidation of the bank was equity risk. " and affirmed the bank to "keep the Warka Bank on this case is contrary to trends central bank in building a Iraqi bank Rezin and enhance confidence in him," pointing out that he "decided to issue warnings to the Warka Bank until the 31 of December, the current, to be repaid as agreed to deposit two hundred billion dinars in the light of what has been meeting with him, and Otherwise take the central bank action to liquidate."
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Central bank: we support the national economy to stabilize the market
12.12.2012

BAGHDAD - morning: the central bank announced Tuesday, allowing Iraqi banks to open documentary Alaatmadt, decided to increase the share of the weekly auction and given to the exchange companies and money transfer, as well as adopted a resolution authorizing the Governor of the Bank to reduce the sale price of the dollar according to the requirements of the market.

confirmed in a statement received by Bank (Sabah) a copy of the need to focus on the development of tools in monetary policy and support national economy, the stability of the market, taking a number of decisions he said include encouraging a number of Iraqi banks, including (Baghdad, credit, Mansour) in the first phase and include later all banks licensed to open letters of credit and funded by the Central Bank of Iraq according to a mechanism designed for this purpose in addition to the continuation of these banks in the entry window sale of foreign currency, and hinted statement that Central decided to increase share weekly auction and donated to the exchange companies and money transfer.
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Shabibi: I will return to Iraq to defend the central bank
December 12 2012

Alsumaria News - Baghdad: The Governor of Central Bank of Iraq Sinan Shabibi issued an arrest warrant, on Tuesday, he will return to Iraq to defend the central bank and to maintain economic stability, pointing out that any new has not been issued on his case.

Shabibi said for »Alsumaria News», he would return to Iraq «certainly , for the defense of the bank and its policies, and defend economic stability and price of the market », stressing that« the arrest warrant issued against him is inside Baghdad airport. »Shabibi noted that awaits« to solve things before my return. »

Prime Minister Nuri al-Maliki said on November 5 2012 to heads big fall issue of the central bank, while stressing that the presence of Shabibi in the bank is wrong to expiration appointed governor, pointed out that he is not acting funds Iraqi, but had no information on the size or the location of the deposit.
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Corruption of the Central Bank: Shabibi innocent but flops in his words
Sunday, 09 December 2012 09:44

Baghdad / Orr News: As warned by the Chairman of the Economic Commission of the Iraqi parliament and a member of the Commission of Inquiry into suspicions of corruption Central Bank, Ahmed al-Alwani, the intervention of the United Nations in the case of the central bank because it would be open for international intervention, denied a member of the Finance Committee in the Iraqi Parliament, Dr. Haitham al-Jubouri any the possibility of such an intervention.

A member of a coalition of state law and a member of the Knesset Finance Committee, Haitham al-Jubouri said "the reports about the intervention of the United Nations in the investigation of the central bank are completely untrue and that the process is a purely Iraqi affair."

The Jubouri: that "a delegation from the International Monetary Fund arrived in Iraq for the purpose of access to the investigation and to check on what is happening from the premise that the Iraqi Central Bank Foundation linked institutions international", adding that "this does not mean interference and are not allowed to intervene."
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Higher sales of the Iraqi Central Bank currency at an auction Monday
Monday, 10 December 2012 12:37

BAGHDAD / obelisk: sales fell CBI dollar in the auction on the sale and purchase of foreign currencies, on Monday, reaching 202 million and 911 thousand dollars in cash with 185 million and 896 thousand dollars achieved in the last session and covered the central bank at an exchange rate basis was 1166 dinars per dollar.

The bulletin auction bank that the aggregate demand for the dollar distributed 29,450,000 Dolarnkda, 461.000 0.173 in Dolaraly form of remittances fully covered by the bank foreign exchange rate was 1179 dinars per dollar, including the central bank's commission amounting to 13 dinars per dollar.
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A member of the Parliamentary Integrity denies the issuance of an arrest warrant against the deputy governor of the Central Bank of the appearance of Mohammed
12/07/2012 9:48 am

Denied a member of the Parliamentary Integrity Committee issued an arrest warrant against the deputy governor of the central bank in a corruption case related to the bank.

Said committee member Jawad Alshahyla in a press statement, that "reported by some media regarding the issuance of an arrest warrant against the deputy central bank governor [appearance of Mohammed Saleh] for his involvement operations corruption in the bank is inaccurate information, and there is no new names relating to the case."

He added that "the biggest surprise is the arrest of small heads involved in the case and leave the big ones."

The House of Representatives form a parliamentary committee headed by First Deputy President of the Council Qusay al-Suhail to investigate the process of money laundering and corruption operations in the Central Bank.
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Document: Ten banks accusing civil acquired accounted for 81% of the central bank auction sales
December 7 2012

BAGHDAD (Iba) : Raised the issue of the Central Bank of Iraq a lot of questions about the nature of the banking system in Iraq and currency smuggling, money laundering and other crises and problems that have been circulating through the media for months.

If the things that put in the media is still cloudy on abuses that touched investigative committees on the subject of currency auction that case is still in the corridors of the judiciary, which achieves, revealed an official document high sensitivity that ten banks belonging to the private sector dominated the auction CBI duration 8 months begin in early 2012 until August 31, 2012.

The document showed that seen by the independent press (Iba) that the Bank of the Middle East was in first place as they accounted for an amount of $ 2,701,095 two billion, seven hundred and one million and 95 dollars.

The United Bank for Investment came in second in the amount of 2387242 two billion and three hundred and eighty seven million and 242 dollars.
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