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mike alfred

CBI Sales on Auction Rise to Over $118 Million - 0 views

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    Baghdad News- Reported that the sales of the Central bank have increased in an auction held on Monday to more than $118 million after reaching the sales on Sunday i.e. $82 million and 639,000 on Saturday. This is the good thing and a sign of confidence of the investors on the bank.
mike alfred

Dependency on Private Sector Has to Increase: Jamil Antonie - 0 views

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    Dependency on Private Sector Has to Increase : Jamil Antonie On behalf of the Jamil Antonie, Ara saw the need of reduction of costs and increase in the Erdat and reliant on the private sectors to promote the economic reality, in this way, this is the best way through we can get more dependence on the private sector to promote the economic reality.
mike alfred

Iraqi economy getting stronger with its oil exports - 0 views

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    This is the positive side of Iraq's economy. On the other hand, Iraq is still going through a tough time. It is still in the condition of war. Although, there is no direct war going on in the Iraq, but terrorism act is taking huge revenue from Iraq. Iraq's current government is made by Shia party. Sunni party has conflict about it.
mike alfred

Gold Prices Decrease to Cast a Negative Impact on Dinar Value - 0 views

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    Experts: Gold Prices Decrease to Cast a Negative Impact on Dinar Value Central bank of Iraq purchased 36 tons of gold last month to stabilize the value of dinar in the local and international market. The bank is planning to buy more gold in the near future that will further help central bank to control the value of dinar and stabilize it in the market.
mike alfred

Iraq Requested United States For Air Strikes on Sunni Militants - 0 views

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    The government of Iraq requested United States of America for air strikes on Sunni Militants marching towards Baghdad. Noor Al Maliki said that these militants are big threat for America and Europe; therefore it is in favor of US to attack these militants. Noor Al Maliki is disappointed with the latest news from all over the country of the control of Islamic Militants over numbers of important cities of Iraq, including one of biggest oil refinery of Iraq in Baiji.
mike alfred

Economic Conditions of Iraq - 0 views

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    Economy of Iraq depends on the oil productions, based on the oil production, economic progress comes on the parameters. Iraq needs a constant development in oil and gas sector in order to strengthen its currency and economic conditions. For short term, economic progress of Iraq is expected to remain strong in the short term.
mike alfred

Poppy's Views on Iraqi Dinar Revaluation - 0 views

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    One of my reliable source said last night that revaluation is about to happen. IMF and World Bank want to revalue the currency of Iraq but they are looking for election results. There is 100% chance for revaluation of Iraqi dinar if Noor Al Maliki won the election campaign. This is because, for the continuation of the policies, it is necessary for Iraq to have same governor and its administration.
mike alfred

WB Calls on Government to Change CBI Policy - 0 views

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    The CBI is going to change the monetary policy of the country according to ongoing circumstances of Iraq. What are the changes that central bank of Iraq want to make in the country is not clear and stated publicly. One of the CBI official told that these changes will be according to present economic conditions of the country and will be launched after approval of World Bank and IMF.
mike alfred

ISX Conference to be Held on May 14th And 15th - 0 views

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    The Iraq stock exchange conference is going to hold in Erbil 14th May 2014. Iraq will discuss the financial matters of Iraq and international market on the basis of newly established Iraq stock exchange. Iraq stock exchange is operating with thirty listed join stock companies and trying to enhance the scope of the stock exchange locally and internationally.
mike alfred

The Budget of Iraq Will Not Approve This Year - 0 views

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    The political leader and the MP for the coalition of state law, Abdul Salam Al Maliki said that looking present political environment of the country, it is difficult to say that the budget of Iraq will be approved in 2014. There is a deadlock on the both sides and no one is ready to compromise on the conflicted issues.
mike alfred

Elections 2014 in Iraq with the Peaceful Completion - 0 views

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    At last, the Elections arrived, on this day, millions of Iraqi people voted for a new parliament on Wednesday. There were many threats on that day and despite of uncertain conditions and brutal standards, remarkable elections ended in a remarkable peace.
mike alfred

Gurus Seeing RV Approaching Near - 0 views

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    Dinar Guru is a popular name when it comes to predictions on Iraqi dinar revaluation. Previously , we have noticed most gurus on that source have different opinions on RV; some see it quite night , while others don't find it far away.
mike alfred

Iraq Approaches UN For One Billion Dollars Receivable Dues - 0 views

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    After the release from chapter vii, Iraq is looking to collect Iraqi dinar and receivables from different countries of the world that were frozen after invasion of Kuwait by Iraq in 1990. These funds were freeze in the different countries of the world as a result of sanctions imposed by United Nation on Iraq.
mike alfred

Experts Warn On Merging Budgets - 0 views

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    Different economic experts have different views about the merging of budget as some believe it would cause any serious problem for the government if the budget is announced next year , but some experts do believe that it can cause serious problems and they warn on merging of 2014 budget with 2015 budget. According to these experts, still there's plenty of time for the government to plan and approve that budget with political consensus.
mike alfred

The Impact of Low Oil Price on Iraqi Dinar - 0 views

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    According to the Special/Newspaper integrity/ Mustafa Al-Araji, Energy Committee has sit to discuss the important points of mjor impacts, which could be on the oil and currency of Iraq. He said that there will not any sort of impact and affect of the low prices of oil, and the fact that specific prices in US Dollars, and with this, there will not be any impact on the Iraqi dinar revaluation.
mike alfred

Parliament Special Session Discusses Budget 2015 - 0 views

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    According to the Iraqi press, Speaker, Saleem al Jubouri announced on Tuesday to hold a special session of the parliament, Thursday, it was also discussed the draft budget bill, its affects, its implications on the year of 2015. Jubouri said the reporters that their announcements of the cabinet vote on the budget without the deficit.
mike alfred

Gold Closes at 1293.50 USD - 0 views

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    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

The Sales of Dollar is One Third of Iraq Budget: CBI - 0 views

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    The governor of central bank of Iraq about Stabilization of Iraqi Dinar in the international market is looking true after looking the increase in the sales of US dollar at the auction of central bank of Iraq. According to the report prepared by intelligence authorities, the sales of dollar are equal to the one third of the total Iraq budget.
mike alfred

Law And Order & Delay in Budget Can Destroy Economy of Iraq - 0 views

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    There are numbers of companies that are operating on different projects in the country. These projects require funds on frequent basis and some of them require these funds on daily basis. Delay in annual budget seriously damaged these projects in Iraq. Foreign companies are running these projects in the country that are not satisfied with unnecessary delay of the budget.
mike alfred

The Central Bank Sales in Excess of 152 Million Dollars in Monday's session - 0 views

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    Sales of the Iraqi Central Bank declined at an auction, on Monday, on the sale and purchase of foreign currencies registered sale 152.534 million compared with 169.385 million dollars was recorded at an auction yesterday, and a stable exchange rate at 1166 dinars per dollar.
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