Monthly Archives: June 2011

Central Bank of Iraq decided to support private banks

June 30th CBI agreed to express his support to the private banks and to achieve in 2 years a capital of 250 billion Iraqi dinars. Iraqi Central Bank wants to increase the confidence of investment in Iraq by offering support … Continue reading

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Fake Iraqi dinars discovered

On Wednesday, Aswat al-Iraq affirmed that, in south of Nassirya City, currency dealers reported the existence of new counterfeit bills counting 10.000 Iraqi dinars. A shop-keeper told to the news agency that they had noticed the existence in the market … Continue reading

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Private Banks with Large Capital Supporting CBI

June 29th On Tuesday, The Central Bank of Iraq decided to rely on private banks helping in the process of Iraqi dinar circulation. Mohammed Saleh declared for the Kurdish news agency that the Central Bank of Iraq decided to rely … Continue reading

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Foreign investment are attracted by in Iraqi Stock Exchange and by the advice of the International banking expert to invest in Iraq

June 28th Iraq is trying to recover after decades of war and economic isolation, and investment in almost all sectors especially in the oil sector will relaunch the Iraqi economy. Salam said that foreigners, especially Americans and Europeans are interested … Continue reading

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The meeting between the Heads of the political blocks was postponed due to religious holiday

June 28th Mohsen al-Sadoun affirmed Sunday that the meeting at Talabani between the heads of the political blocks postponed to the next week. He said in a press statement for the Voice of Iraq that the postpone of the meeting … Continue reading

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The second meeting between Iraq’s political leaders

June 27th The preparation for the second meeting between the leaders of political powers was scheduled, declared a representative of the Iraq coalition and will assist all of Iyad Allawi, the President of Kurdistan, the Prime Minister Nuri Al-Maliki and … Continue reading

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Inflation went up by 5.4 percent in Kuwait

June 27th According to official figures the inflation in Kuweit went up by 5.4 percent in May compared to 0,3 percents in April. The monthly report of the Central Statistics Administration reveals that the figures have registered a single in … Continue reading

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Financial representative invalided that he mention about changing the Iraqi dinar

Jun 27th A financial representative of Iraq declared that the committee did not study until now the evolution of the Iraqi dinar. Najiba Najib told the news agency of Kurdish that he has not spoken so far in the Finance … Continue reading

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The last meeting of International Advisory and Monitoring on Thursday in Irak

June 26th The last meeting of the International Advisory and Monitoring will be taking place in Jordanian capital Amman the next Thursday, on 30/06/2011. The independent press received a statement by the Supreme Audit Agency, and a copy of it … Continue reading

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Zeros deletion in Iraqi currency

June 25th In accordance with the statements made by representatives of the CBI, the so called money structuring will appear in the lifting of zeroes on pay bills and issuing new categories. As confirmed by an Iraqi Central Bank Consultant … Continue reading

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