Central denies two foreign companies choose to print the currency after you delete the zeros of which
Wednesday, 01 August 2012 09:06

BAGHDAD / However: the Iraqi Central Bank denied the news about the two foreign companies choose to print the new currency after deletion of zeros from them.

The bank said in a statement today, "he did not choose any company so far and it is in the process of gathering information and preparing designs and consultation with the Government in the case of re-structuring of the currency and delete zeros of them," adding that "he had seen on the statements published to the Governor Shabibi noted the error attributable to the governor that he chose two foreign companies for the printing of currency. "
+
Read More Link on Right

Central switch warns of the date the project to delete the zeros
07/24/2012

BAGHDAD - Al Sabah : said the Iraqi Central Bank that the project to delete the zeros must be the beginning of the year, not in the middle because that would cause a problem in the accounts of the state.

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh (Center Brief for the Iraqi Media Network) that »the project to delete the three zeroes from Iraqi currency needs to be a new financial start because all accounts the new currency may be registered accounting books are different from the currency exchange which recorded the beginning of the year «.
+
Read More Link on Right

Central switch warns of the date the project to delete the zeros
07/24/2012

BAGHDAD - Al Sabah : said the Iraqi Central Bank that the project to delete the zeros must be the beginning of the year, not in the middle because that would cause a problem in the accounts of the state. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh (Center Brief for the Iraqi Media Network) that »the project to delete the three zeroes from Iraqi currency needs to be a new financial start because all accounts the new currency may be registered accounting books are different from the currency exchange which recorded the beginning of the year «.

He added that »the start delete the zeros from the currency in mid-2013 is a proposal came from members of the Finance Committee in the House of Representatives but the central bank held talks on the proposal and found that it may not start the project in the middle of a new financial».
+
Read More Link on Right

Central Bank puts the controls to reduce the counterfeiting of currency substitution when
07/04/2012

BAGHDAD / JD : A member of the parliamentary finance committee and the representative of the Kurdistan Alliance Church Mustafa that the controls set by the central bank to switch the Iraqi currency took place in coordination with the government .. Said Mustafa's / JD / "The central bank put instructions and controls on the process of switching the new currency in coordination with the Iraqi government and the knowledge of the House of Representatives, to reduce fraud through the process of replacement. Said," The Finance Committee discussed with the Central Bank controls established by the order to the operation is done easily and smoothly without being affected negatively on the price of the new currency, or allowing the circulation of counterfeit currency "..

He said Mustafa," The Committee also discussed how to put the instructions that allow the application of the process of replacing the currency without fraud ".. without elaborating on these controls, which are issues of confidentiality as far as saying ..
+
Read More Link on Right

Finance Committee reveals's (et al) will be issued to large segments of the Iraqi currency (50.1002 million) dinars
Jul7 3 2012

Confirmed member of the Finance Committee MP for the Liberal bloc Majida al-Tamimi, "The Central Bank of Iraq and back in case of deletion of zeros from the currency will be issued large sections of the Currency (50.1002 million) dinars.

She said Tamimi said in a statement summarized by the reporter and agency news news (brother) that if the approval of the Prime Minister to delete the zeros will be issued large segments of the Iraqi currency (50.1002 million) dinars As for the categories of small, it will be issued a class (25.50. 100) as well as fils (250, 500, ½, 1, 2) JD " .

Tamimi added that "the Finance Committee formed a committee of Aedaha with the retirement of public to consider the salaries of retirees in addition to that coming months will be settled by the service employees' salaries and certification " .
+
http://khabaar.net/index.php/permalink/7377.html

Central Bank wants Iraqis to drop the dollar in internal commercial transactions
June 29, 2012

By Khayoun Saleh

Azzaman: The Central Bank has decided to remove three zeros from the dinar, a move it sees essential to strengthen local currency and tempt Iraqis to stick to it.

For months, the bank has been mulling the issue but only recently it said a decision has been made and it was a matter of time to translate it into action.

“The knocking out of zeros will save Iraqis using massive sums of paper money in their transactions,” said Central Bank Deputy Governor Mudher Saleh.

Saleh, speaking in a seminar on currency organized by the High Institute of Accounting in Baghdad, assured skeptic Iraqis that the removal of zeros from the currency “shall not affect your earnings, wealth, financial and transactions, financial obligations and duties.”
+
Read More Link on Right

Shabibi: Reserve $ 60 billion and the process of deleting the zeroes will begin early next year
Monday 25 Jun 2012

Baghdad - The World: The governor of Central Bank of Iraq Friday rising bank monetary reserves of $ 50 billion to 60 billion dollars, indicating that the process of deleting the zeroes will begin early next year.

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

He explained that "the central bank seeks through cash reserves to shore up confidence in local currency and increases the stability and regulates financial dealings in Iraq."

Regarding the project to delete the zeros Shabibi said that "the project to delete the zeros will be launched in January (Jan) and next, which would address the problems of inflation and the budget and commodity exchange on the grounds that Iraq is moving towards a free economy."
+
Read More Link on Right

Member of Finance Committee: the political crisis behind postponing the implementation of the project to delete the zeros of the Iraqi dinar
23/06/2012 6:37

Member of Finance Committee: the political crisis behind postponing the implementation of the project to delete the zeros of the Iraqi dinar

Economic Buratha News: Confirmed member of the Finance Committee MP for the Kurdistan Alliance bloc Najiba Najib, that the implementation of a project to restructure the Iraqi currency after deleting three zeros of which depends on political and economic stability in the country.

Najib said: The central bank completed all the procedures related to the project to delete the zeros of the three local currency and the expected signal from the executive and legislative branches to begin its implementation.
+
Read More Link on Right

Raise zeros from the Iraqi currency at a seminar center Mustansiriya
06/23/2012

Under the auspices of Prof. Dr. Rahim Taher Saadi University President Mustansiriya in the presence of MP Dr. Salman al-Musawi and MP Abdul-Abbas estrus members of the Economic Committee in the House of Representatives, Dr. the appearance of Mohammed Qasim, Vice Governor of Central Bank of Iraq and Gentlemen, representatives of professional organizations and civil society organizations and a number of deans, teachers, writers, in addition to a crowd of intellectuals and those interested in economic affairs, the two economic studies at the Center for Arabic Studies Mustansiriya and international on Monday, February 27, 2012 m annual colloquium on the economic dimensions to raise zeros from the Iraqi currency.

The session was moderated by Prof. Dr. Sattar al-Bayati, who opened the symposium hello honorable attendance, defined the nature of the symposium and its goals, in addition to referring to the need to work to ensure the success of monetary policy in Iraq; for their contributions to the process of economic and social development.
+
Read More Link on Right

International report: the eyes of investors in the world on the Iraqi dinar
Saturday, June 9

London / Orr News: In the currency markets, and global economic forums, focus the eyes of investors to the new conditions of the Iraqi dinar.

According to an economic report released in London, that the discussions heated, about whether the dinar was the case now (investment opportunity) better, worse or to buy the currencies of emerging.

In the face of this shift, a group of currencies Sterling, a news site, is designed to obtain information from reliable sources to protect their customers from which publishes rumors and false information about the Iraqi dinar.

Taking careful site mentioned on the availability of integrity and transparency (when buying and selling), all investors around the world, they see that there are more than considered before making a purchasing decision, including the political, economic and security situation in Iraq, in addition to (volatile year) in the market foreign exchange.
+
Read More Link on Right