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mike alfred

Initiative CBI Taking For Revaluation - 0 views

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Dinar Revaluation Iraqi CBI

shared by mike alfred on 26 Jun 14 - No Cached
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  • mike alfred on 26 Jun 14
     
    The Central Bank of Iraq on Monday; asked the different ministries and departments to show the letters of guarantee that have been issued to the clients. The managing authority of the Central Bank issued orders as; "The bank asked the General Secretariat of the Council of Ministers circular to ministries and relevant agencies for the purpose of patient claims for letters of guarantee issued by the Bank of the economy the fact that the bank in the rehabilitation phase.
mike alfred

The central bank seeks to stabilize the Iraqi dinar against the U.S. dollar - 0 views

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Iraqi Dinar Dollar CBI Currecny Auction

shared by mike alfred on 13 Mar 14 - No Cached
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  • mike alfred on 13 Mar 14
     
    The decision of the Commission on Economy and Investment parliamentary Muhma Khalil: "The central bank is obliged to maintain the exchange rate of the Iraqi dinar and a balance must be maintained by the sovereign and the feature in the Iraqi economy, because it is expected to be the Iraqi dinar economic identity in the region."
mike alfred

Over 500 Billion Iraqi Dinars Stolen From Central Bank - 0 views

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buy iraqi dinar dinars

shared by mike alfred on 17 Dec 14 - No Cached
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  • mike alfred on 17 Dec 14
     
    The bank management gave out he statement so that the conversions can be done in the Islamic countries and the North along with the other two banks are managing the different things for a better management of the instruments with the legal ways. The money was basically stolen by the employees of the bank and it was the responsibility of the management to recover the money as soon as possible.
mike alfred

Iraq's Cash Reserves to Back The Currency - 0 views

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Iraq News Iraq's Cash Reserves Dinars

shared by mike alfred on 17 Apr 14 - No Cached
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  • mike alfred on 17 Apr 14
     
    The economic stability of the country is determined on the basis of equal opportunities available in the country for all countrymen without any discrimination. The economists have different thinking about economic stability of any country. According to economists, the value of currency is the major indicator for any economy to decide whether the country is economically strong or not. The countries with the strong currencies have noted positions in the country.
mike alfred

The Recent Gold Purchase, Iraqi Dinar RV and the Dream of Stable Economy - 0 views

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Economic Growth CBI Purchase of Gold

shared by mike alfred on 15 May 14 - No Cached
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  • mike alfred on 15 May 14
     
    The central bank of Iraq purchased 36 tons of the gold ingot in the month of April 2014 to increase the gold reserves of the country and ultimately to enhance the value of Iraqi dinar in local and international market. this purchase increased the gold reserves of Iraq by 90 tons in 2014. The purchase of this huge quantity surprised economists all over the world.
mike alfred

Nasiriyah City Being Given Out to its Real Owners - 0 views

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agricultural department Nasiriyah rv

shared by mike alfred on 20 Nov 14 - No Cached
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  • mike alfred on 20 Nov 14
     
    The process of ownership of the land to the owners is being done. The city of Nasiriyah is being given out to the owners after the completion of the necessary paper work. The city had been disturbed due to the security conditions of the country and because of war the people had to move to other areas. Now things have settled in the area and the people are being transferred back through a proper channel.
mike alfred

Iraq to Remain The Second Largest Oil Producer - 0 views

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Iraqi Oil News Largest Producer

shared by mike alfred on 18 Jun 14 - No Cached
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  • mike alfred on 18 Jun 14
     
    Iraq is the second largest oil producer of the world with the 3.25 million barrels per day. Saudi Arabia with the 6.6 million barrel oil is at the top of the list. For the numbers of years Iran is in the quest of the position of Iraq in the international market. As far as my opinion is concern, the Iran is little late now.
mike alfred

Gold Prices Rise in The Market After Violence in Iraq - 0 views

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Gold Prices Rises Market IQD

shared by mike alfred on 19 Jun 14 - No Cached
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  • mike alfred on 19 Jun 14
     
    Iraq is one of the biggest traders of gold in the market nowadays. Iraq focused on the international trade in gold rather than dollar or any other currency of the world. The aim is to enhance the value of its currency in the international market and to stabilize its economy. Iraq made some big deals that surprised the world in the gold. In 2014 only, the central bank of Iraq purchased more than 80 tons of the gold ingots from international market.
mike alfred

More Confusion on Iraq's General Budget - 0 views

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Confusion on Budget Iraqi News

shared by mike alfred on 08 Jun 14 - No Cached
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  • mike alfred on 08 Jun 14
     
    The general budget of Iraq is always declared in the month of October every year. Unfortunately the budget is declared in Iraq often late in the country that caused many of the issues in the country. The unstable political situation of Iraq was always a big hurdle for approval of the budget. The conflict of Iraq and Kurdistan is the major cause of the delay of the Iraq general budget every year.
mike alfred

Legislation is the Need for Economic Reform - 0 views

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Lagislation Economic Reforms Adel

shared by mike alfred on 15 May 14 - No Cached
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  • mike alfred on 15 May 14
     
    The economic legislations are badly needed to bring out country from this economic crisis. The legal experts are trying to find out the ways to bring country out of this crisis as soon as possible. To protect the states resources and implementation of the projects and plans properly, the legal expert Adel Al Lami pointed to lagging in the implementation of projects and the low level of performance.
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.
mike alfred

Global Economy is Improving - 0 views

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economic cooperation Global economy

shared by mike alfred on 19 Nov 14 - No Cached
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  • mike alfred on 19 Nov 14
     
    it was confirmed in a statement from Australia that the GDP would be 2.1 percent more by the year 2018. Several countries have shown interest in raising the GDP and the production of the different things that would enhance the different sectors. The basic support would be provided by the banks that would help in the improvement of the infrastructure of the different countries as well as the global structure.
mike alfred

Iraqi Dinar to Depend on Dollar in Future - 0 views

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Dinar Experts Iraqi Future Dollar

shared by mike alfred on 20 Jun 14 - No Cached
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  • mike alfred on 20 Jun 14
     
    Keeping the present economic and political condition of Iraq, the experts believe that Iraqi dinar will remain on the mercy of US dollar today and in the near future. The backbone of Iraq may break if the security situation remained same in the country. The oil is considered as backbone of the economy of Iraq and if the situation remained same the things will be out of control.
mike alfred

Dollar on Low Again in the CBI auction - 0 views

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CBI auction central bank of Egypt rv

shared by mike alfred on 22 Sep 14 - No Cached
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  • mike alfred on 22 Sep 14
     
    It was reported that the price of dollar went down on Tuesday. This was a huge set back for all the investors. The Council of the Federal Reserve has a meeting round the corner which was expected to have caused a raise in the price of dollar. The investors were waiting for the meeting so that they could watch the increase in the interest rate.
mike alfred

Enhance The Value of The Local Currency Transactions - 0 views

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Enhance Value Iraqi Dinar Local Currency

shared by mike alfred on 23 Jul 14 - No Cached
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  • mike alfred on 23 Jul 14
     
    Said financial expert Ali Fukaiki importance of adopting measures trade in local currencies across the border for its role in facilitating the smooth flow of traffic of goods and goods across international countries that adopt this process. He added that cross-border trade in local currencies in vogue among the countries of the world, pointing to the importance of activating the measures adopted in the present time in the trade of the country.
mike alfred

Private Banks Meeting to Discuss Economic Stability in Iraq - 0 views

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Economic Stability Iraqi Banks News

shared by mike alfred on 09 Aug 14 - No Cached
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  • mike alfred on 09 Aug 14
     
    A meeting was called by the newly elected administrative board of the private banks in Iraq. It was for the betterment of the country to manage the handling of the different things in the right way. Mehdi Al Hafez, the oldest parliament member shed light on the world interest in Iraq due to oil and how the IMF and the World Bank have been offering to help them make reforms.
mike alfred

Basic Emphasis on Exports of Oil Taxes - 0 views

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Economists Emphasis Iraq Exoprts

shared by mike alfred on 11 Aug 14 - No Cached
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  • mike alfred on 11 Aug 14
     
    It was stated that the economists have stressed upon collecting money in the form of taxes from the people. This is being done to lay less emphasis on the oil sales which may suffer due to the present conditions of the country. the Parliament and the Economic committee knows that the collection of funds by the government would help in collecting better revenue which has been sides by the Ministry of Finance and Planning.
mike alfred

Violence In Iraq And European Stocks - 0 views

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Euro Stock Market European

shared by mike alfred on 04 Jul 14 - No Cached
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  • mike alfred on 04 Jul 14
     
    The stock market of Europe fell and caused the traders to feel the tension of it. With the fall in the stock market the traders felt that the violence in Iraq would increase. During the last month the traders had used the profits to pay for the different things and further gain profits from them.
mike alfred

The Financial Administration Act And Confusing Economic Reality - 0 views

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Budget 2014-15 Iraqi Economy IQD

shared by mike alfred on 05 Aug 14 - No Cached
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  • mike alfred on 05 Aug 14
     
    The Member of Parliament for the Liberal bloc, Magda al-Tamimi said that "among the definitions section (2) of the Financial Administration Act and the Public Debt No. 95 of 2004 amended there is a clause stating that the budget allocation is the legal authority granted to the government to spend public money during the fiscal year for the purposes of specific.
mike alfred

Launch of Shares - 0 views

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Iraq Stock Exchange Iraqi News

shared by mike alfred on 04 Aug 14 - No Cached
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  • mike alfred on 04 Aug 14
     
    As per the Iraqi market, it has been seen that the market is launching the trade on the shares of the Bank of the North. The Iraqi market of securities confirmed the identification date for the launch of the finance of the trading of shares to be Wednesday.
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