Menu The Currency Newshound Providing news which shapes the Iraqi economy and the future of the Iraqi Dinar CBI Director: Iraq has a lot of potential; Needs a clear policy to support economy Dry: the financial sector need a clear policy to support the economy30/07/2013 12:00 AMsaid Director General of Commercial Bank of Iraq (TBI) Hamdiya dry that the financial sector in Iraq has the potential of thing a lot, but it need clear policy orientation towards the destination sound from which to be able to contribute effectively to support the Iraqi economy.said “morning” that Iraq possesses a strong economy it takes to be a Tiger next to Asia, pointing out that the political situation in the country and the security side, have had the effect is clear in delaying the process of economic growth, the afterthought that despite all the problems that has plagued Iraq, it does not prevent from that represents the Iraqi economy touchstone.showed dry that stumbled fiscal policy would adversely affect the delivery of services, calling to put Strtejah future will find effective alternatives through benefiting from the revenues of industry and agriculture as the two pillars of the pillars of the Iraqi economy after the decline in the contribution of these two sectors in the GDP by about clear during the past three decades.Pointing out the importance of an amendment to the Banking Act, which is inappropriate and inconsistent with the role that should be played by the banking sector in this period, as well as the need to speed up passage of a law that would enhance the reality of financial and banking sector in the country, including allowing banks to exercise their work without being bound by law the old one.The parliamentary Finance Committee has recently called for the establishment of a special independent body concerned with the affairs of Iraqi banks are in isolation from the central bank to support the development of the banking sector in the country.bit.ly/13jDDseAbout these ads Share this: TumblrMoreJuly 30, 2013 « PreviousNext » Calendar Please read I can not emphasize this enough...Nobody knows what the future holds for the IQD or any currency for that matter. The notes you hold should not be guaranteed to raise in value by nobody. In fact it may devalue or become worthless. Please follow the news as it is the most reliable indicator. Forex Links (IQD) advfnexchange-rates.orgForex.TradingChartsforexprosnetdaniaXE Important Links (CBI) – Posted Exchange RatesCBI Daily Currency Auction HistoryCBI Financial IndicatorsFuture of Iraq ProjectIMF–Representative Exchange RatesIraq Inflation MonitorIraq-Status of Forces Agreement (SOFA) 11/2008Strategic Framework Agreement – 11/2008UN Operational RatesUS State Dept: Iraq 2013 Investment Climate Statement (excerpt)White House-GW Bush Archives: Framework/Sofa Fact Sheet Social Media Search Archives Today’s News Summary CBI: IMF report supports our goals in the liberalization of the foreign exchange marketBased on upcoming budgets, IQD exchange rate approx $1.16; Committee members calls for CBI studyFinance Committee Member: 2014 budget to arrive early this year for house decision (September)British newspaper describes PM Maliki to be proven disastrous leaderCBI Director: Iraq has a lot of potential; Needs a clear policy to support economyPoliticans optimistic about IMF’s assessment of Iraq economic futureChairman, Iraq National Business: Calls for activating the system of laws that encourage economic developmentForeign banks considering investing in Iraq’s banking sectorEconomic Committee to approve money smuggling amendmentFlaskback July 2012: CBI decides to change the timing of the implementation of the Iraqi currency and deleting of zerosCBI: dropping zeros, currency exchange will reduce the risk of errors accounting systemForeign relations committee seeks to reduce compensation owed to KuwaitFormer CBI Gov. Shabibi: CBI capable of dealing with inflation because of its cash flowIMF stressess, Iraq needs to adopt economic reformCitibank Global: Iraq is biggest goal in banking activity for the futureMaliki calls for politicians to unite to achieve the aspirations of IraqisFinance Committee Member: Iraq’s procedure to drop zeros from currency will start this yearIMF: CBI should relax foreign exchange system regulations at earliest opportunity; CBI in strong position to support IQDMember of Finance Committee seeking to legislate a special law for Islamic banks and amend the current banking lawDeputy for Iraq: the current positive atmosphere in the House of representatives to pass important lawsFinance committee submits latest 2014 Iraqi budget estimates to House of RepresentativesVietnam State Bank to hold forex rate steadyFinance parliamentary: doing business in euros will not hurt our economyThe dollar is dying in IraqEconomic Committee Member: Economic reforms starts with shift to free economyIraq confirms reaching mechanism to settle Kuwaiti PoW & missing persons fileCBI to continue auction Thursday despite holidayIMF: Iraq will be a prime contributor to the processing of the international oil market and we expect the growth rate of up to 9%Movement to pass a law regarding establishing a national oil companyIQD to witness biggest improvement over the next few days, says CBI and committee members Twitter Live Feed CBI: IMF report supports our goals in the liberalization of the foreign exchange marketnblo.gs/NDvA4 2 hours agoBased on upcoming budgets, IQD exchange rate approx $1.16; Committee members calls for CBI study nblo.gs/NDvtO 2 hours agoFinance Committee Member: 2014 budget to arrive early this year for house decision (September) nblo.gs/NDuXc 2 hours agoBritish newspaper describes PM Maliki to be proven disastrous leader nblo.gs/NDuW52 hours agoCBI Director: Iraq has a lot of potential; Needs a clear policy to support economy nblo.gs/NDuHl2 hours ago Follow the News on Facebook! 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Posted on: Tue, 30 Jul 2013 16:35:25 +0000
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