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mike alfred

New Exchange Rate is Expected in June - 0 views

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Iraqi Dinar Revalue Exchange Rate

shared by mike alfred on 08 Apr 14 - No Cached
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  • mike alfred on 08 Apr 14
     
    The economists are expecting the new exchange rate from central bank of Iraq in May 2014 and advising the international companies to deal accordingly. Some people are of the view that central bank will not be able to issue the new rate until the declaration of annual budget of Iraq.
mike alfred

Ministry of Planning is Trying to Control High Inflation Rate - 0 views

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Control Inflation Rate

shared by mike alfred on 15 Jul 14 - No Cached
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  • mike alfred on 15 Jul 14
     
    The ministry of planning admitted that inflation rate in Iraq increased in the last 2 months to 3.2% that resulted to 5.4% annual increase in the inflation rate. The major cause behind this increase is considered the high prices of eatables in the last two months because of clashes between Iraq security forces and Sunni Militants.
mike alfred

Iraq's Dual Exchange Rates and Its Effects - 0 views

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CBI Iraqi Dinar Iraq News Revaluation

shared by mike alfred on 08 Apr 14 - No Cached
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  • mike alfred on 08 Apr 14
     
    After a huge criticism on monetary policies of central bank of Iraq by economists and government of Iraq, the central bank of Iraq introduced de facto dual exchange rate system in the country. This system allowed central bank of Iraq to control the value of dinar in the country as well as in the global market. According to this system, Iraq introduced two exchange rates for the different sectors of the economy.
mike alfred

CBI Can Support Dinar Exchange Rate - 0 views

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Abdul Basit Turky Economic Crisis IQD

shared by mike alfred on 24 Jun 14 - No Cached
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  • mike alfred on 24 Jun 14
     
    Abdul Basit Turky, the governor of central bank of Iraq said that central bank of Iraq has ability to support Iraqi dinar exchange rate even in the worst political environment of the country. He said that law and order situation of Iraq will not affect the exchange rate of Iraqi Dinar in the international market.
mike alfred

Inflation Rate is Rising in Iraq - 0 views

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Inflation Rate Rising Iraqi News

shared by mike alfred on 17 Jun 14 - No Cached
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  • mike alfred on 17 Jun 14
     
    The inflation rate in Iraq increased in the month of May 2104 according to ministry of planning. The ministry of planning criticized the ministry of food for not taking appropriate measures to control the situation as it was prevailing because rise in the inflation is due to rise in the cost of food items in Iraq.
mike alfred

CBI Going to Raise Dinar Rate - 0 views

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Raise Dinar Rate World News Dinars

shared by mike alfred on 10 May 14 - No Cached
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  • mike alfred on 10 May 14
     
    The recent visit of IMF delegation during election has its significant importance related to value of Iraqi dinar. The delegation of IMF ensured the value of available reserves at central bank of Iraq. The delegation showed satisfaction for these reserves and gave positive signal to the central bank of Iraq to enhance the rate of Iraqi dinar.
mike alfred

Iraq's Improved Economic Rating - 0 views

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economic rating system rv

shared by mike alfred on 19 Sep 14 - No Cached
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  • mike alfred on 19 Sep 14
     
    Iraqi Dinar 123 News :- With the help of international financial institutes Iraq has improved its financial situation. It has also been able to lessen its foreign debt because of these companies.By the help that these companies are providing Iraq; it will be useful in getting rid of debt and gain access to the credit rating which would lead to a better economic system of the country.
mike alfred

CBI Policies and Its Impact on Dinar Exchange Rate - 0 views

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CBI policies Dinar Exchange Rate IQD

shared by mike alfred on 28 Aug 14 - No Cached
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  • mike alfred on 28 Aug 14
     
    Iraqi Dinar 123 News:- It was seen that the Central Bank of Iraq asked for the management of the dinar exchange rate to be managed according to the price given out by CBI. It is very important for all the private banks to follow the instructions given out by the Central Bank.
mike alfred

Stable Exchange Rate is The Sole Aim of Private Banks Association - 0 views

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Dinar Exchange Rate Iraqi IQD

shared by mike alfred on 07 Aug 14 - No Cached
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  • mike alfred on 07 Aug 14
     
    Hussein al Tamimi is now new chairman of the Association of Private Banks in Iraq. He held a meeting Baghdad last night and decided to participate in the economic development of Iraq. Tamimi said that he is worried about exchange rate of Iraq currency in the global market.
mike alfred

Private Sector is Essential for Iraq Development : Shkran Fatlawi - 0 views

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Private Sector in Iraq Growth rate of

shared by mike alfred on 11 Jun 14 - No Cached
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  • mike alfred on 11 Jun 14
     
    Iraq is one of the fastest growing nations of the world according to the recent World Bank report. The report says that the rate of economic development of Iraq is better than all the other countries of the Middle East and also in the Arab Countries. The expected growth rate of Iraq is also better than all other countries in the region according to World report.
mike alfred

The Rates Are Managed: Mnt Goat - 0 views

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Mnt Goat Iraqi Dinar Rate IMF CBI

shared by mike alfred on 16 Jun 14 - No Cached
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  • mike alfred on 16 Jun 14
     
    The Mnt Goat is of the view that after first parliament session 15th June 2014 the final decision will be taken. The parliament will vote for prime minister of Iraq in this session. The selection of prime minister of Iraq will make it possible for central bank of Iraq to take final attempt.
mike alfred

Difference of Exchange Rate Between Central Bank And Other Companies - 0 views

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iraqi dinar exchange news CBI

shared by mike alfred on 29 Mar 14 - No Cached
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  • mike alfred on 29 Mar 14
     
    Hassan Al-Bayati: Difference of exchange rate between central bank and other companies is the sign of corruption The central bank of Iraq is losing the control over commercial banks and other banking companies, said, Hassan Al-Bayati the noted member of finance committee of Iraq.
mike alfred

Stability Observed in Iraqi Dinar Exchange Rate - 0 views

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iraqi dinar buy

shared by mike alfred on 16 Dec 14 - No Cached
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  • mike alfred on 16 Dec 14
     
    Hoshyar Zebari confirms that Iraqi dinar exchange rate still remains stable, which is good sign for the investors, who are opting to invest in Iraqi dinar. This is correlated with the current downfall of the oil prices globally. There was a meeting held, where all of these major agendas were discussed along with the security, economic and political conditions of Iraq.
mike alfred

Iraq GDP Growth is Higher Than Other Gulf Countries - 0 views

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Gulf Currencies Iraq GDP News

shared by mike alfred on 14 Apr 14 - No Cached
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  • mike alfred on 14 Apr 14
     
    The report issued by International Monetary Fund shows that the GDP of Iraq is higher than all other Middle East countries now. According to IMF Qatar and Iraq are going well and can be considered as competitors in 2015, with the growth rate of 7.1% and 6.7%. With the 4.4% growth rate, the United Arab Emirate is at number three leaving behind Algeria at fourth position.
mike alfred

Delay in Budget And Its Impact on Dinar Exchange Rate - 0 views

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Iraq Budget Delay US Dollar World News

shared by mike alfred on 15 Jun 14 - No Cached
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  • mike alfred on 15 Jun 14
     
    Iraq and Kurdistan could not create consensus between each other on the oil policy and as a result annual budget of Iraq is pending approval. The value of US dollar decreased in the last two days against Iraqi dinar and it is all due to positive policies of central bank of Iraq.
mike alfred

Decrease in Gold Prices in Iraq - 0 views

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Gold Prices Iraqi News IQD

shared by mike alfred on 05 Jun 14 - No Cached
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  • mike alfred on 05 Jun 14
     
    The governor of central bank said that, we are aim to maintain the quality of gold in the country. Now the local traders, gold importers can buy gold ingots from central bank of Iraq rather than to import it from other countries of the world at a higher rate than that of rate offered by central bank of Iraq.
mike alfred

Iraq Banking Rating Released by World Bank - 0 views

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iraqi dinar revaluation

shared by mike alfred on 17 Dec 14 - No Cached
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  • mike alfred on 17 Dec 14
     
    According to the yearly report published by the World Bank, the banking business in Iraq is terribly done and they are not being able to cope with the rest of the world. Iraq has been ranked quite low in the list of SME Banking and other sectors. Iraq was ranked at the bottom out of 189 countries and it was because of the terrible political and social conditions of the country.
mike alfred

Increase in CBI Sales - 0 views

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CBI Auction Dollar Sales Iraqi Dinar

shared by mike alfred on 07 Aug 14 - No Cached
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  • mike alfred on 07 Aug 14
     
    During the auction on Monday the CBI saw the sale in the dollar go up. It went more than 251 million dollars where it was 178.513 million dollars on Sunday. The bank gave a statement that this was the auction rate while the exchange rate remained at 1166 dinars. There were 15 banks taking part in the auction.
mike alfred

Gold Closes at 1293.50 USD - 0 views

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Gold Price World News Silver

shared by mike alfred on 08 Aug 14 - No Cached
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  • mike alfred on 08 Aug 14
     
    The prices of gold were closed at $ 1,290 an ounce on Monday. This was termed as weak data on non- expected U.S job concerns that identify the Federal Reserve, this lead to the lowering of the rates in the stock market. According to the data presented on Friday, it was seen that the rate of unemployment in the U.S went up. This increase indicated that the labor market faced a sudden relaxation that helped the labor class.
mike alfred

Euro Sees Low in the internaional market - 0 views

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Euro Iraqi Dinar World Currency

shared by mike alfred on 21 Aug 14 - No Cached
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  • mike alfred on 21 Aug 14
     
    It was reported yesterday that the price of the pound Sterling went up. How ever the euro faced some difficulties when it was recorded at a low price. It was also reported that the yen fell against the dollar. The economy of England reported inflation which indicated that the central bank would raise the interest rates. The Japanese economy showed an annualized rate of 6.8 percent during the second quarter of the year.
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