Parliamentary Finance calls for maintaining the dollar's exchange rate at issuance of 50 000 dinars category (8 articles

Parliamentary Finance calls for maintaining the dollar's exchange rate at issuance of 50 000 dinars category



2015/11/17

{Baghdad: Euphrates News} The head of the parliamentary finance committee Faleh applicable, on Tuesday, to maintain the dollar exchange rate and the reserve for the content of the Iraqi dinar when issuing 50 000 dinars category.
A statement of the Information Office of the mass of the citizen and the agency {Euphrates News} received a copy of it today that "the Finance Committee, headed by Faleh force met Monday evening with the Governor of the Central Bank on the Keywords and advanced cadres in the Central Bank; to discuss the subject of printing 50 class thousand dinars and what its impact on the economic reality of the country and the mechanisms put forward including promote the financial realities in Iraq. "The head of the Finance Committee Faleh force that" during the meeting with the governor was discussing mechanisms printed 50 class thousand dinars, and its technology and the cost of printing, also touched on the subject of the dollar exchange rate and maintain the secured reserves and its acceptability by international institutions. "" We and through our discussions with the Governor of the Central Bank has been following up the subject of legal proceedings against the private banks in violation of the law of the central bank ".anthy

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Parliamentary Finance: We maintain the dollar's exchange rate at Print category 50 000 dinars




11/17/15


Follow-up - and babysit - the parliamentary finance committee said, we maintain a reserve price Srvaldolar and the content of the dinar at Print 50 000 dinars category.
A statement by the mass citizen parliamentary received news agency public opinion (and babysit) a copy of it, that "the Finance Committee, headed by Faleh force met with the Governor of the Central Bank on the Keywords and advanced cadres in the Central Bank to discuss the Print category (50 000 dinars) and what its impact on the economic reality of the country and promote the mechanisms put forward including financial reality in Iraq.

The head of the Finance Committee Faleh applicable, that during the meeting with the governor has discuss the mechanics of printing category (50 000 dinars) and its technology and the cost of printing also touched on the subject of the dollar exchange rate and maintain the reserves of the Iraqi dinar content and acceptability by the international institutions.

He said, we Through our discussion with the Governor of the Central Bank has the follow-up the subject of legal proceedings against the private banks in violation of the law of the central bank.

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Parliamentary Finance: Central Bank gave justification for the issuance of currency Category fifty thousand Dinars



11/17/15

Baghdad and babysit - said the parliamentary Finance Committee member Jabbar al-Abadi, that the issuance of the fifty thousand dinars category monetary policy is the responsibility of the central bank, gave the rationale for the issuance of the currency which relates to relying on large cash category.
He Abadi in a statement to the news agency public opinion (and babysit), on Tuesday, that "his committee held a meeting yesterday with the Governor of the Central Bank to discuss the issue this category and to discuss other important topics as well," stressing that "the issuance of such a large group from the jurisdiction of the executive branch Finance Committee as the legislative authority to monitor the actions that have taken place on this subject. "

Abadi said that "the issuance of this category includes many of the pros and cons as well," he said, adding that "this decision by the central bank is a sound decision and contributes on the subject of monetary policy," PSC

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Central: Class 50 thousand Iraqi determination Exchange




11/17/15

BAGHDAD / Obelisk: detection of the Iraqi Central Bank, on Tuesday, for the cost of printing and paper 50 thousand new dinars, and as he emphasized that it is tamper-proof, pointed out that the class has been designed 'for the first time' by Iraqi artist.

The general director of the banking and credit in the bank and Walid Idi, that 'the paper the 50th class thousand new dinars secure and tamper-proof has been printed by a reputable international company', adding that 'the cost of printing 1000 paper, are $ 67'.

He Idi, that 'the paper 50 thousand new has been designed for the first time by the Iraqi designer, has access to many of the Iraqi documents, museums, monuments and fashion house for the purpose of setting fees and icons on this category'.

The central bank announced (November 11, 2015) for the issuance of new banknote category of 50 thousand dinars, attributing this to the completion of the Iraqi banknotes structure and the development of high value in the trading category.

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Central denies the disappearance of $ 10 billion and calls for investigating the pretext of the publication of such news



11/17/2015

The Central Bank of Iraq

(Independent) ... the central bank denied the reports about the opening of an investigation the disappearance of $ 10 billion, while the student newspaper, which reported the story to investigate reasons of publishing such news. The central bank said in a statement received by the (independent) on Tuesday that "the central bank briefed on the news published in the morning newspaper, on Monday, day on November 16, 2015


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Parliamentary Finance: We maintain the dollar exchange rate and the content of the dinar reserves when the print category 50 000 dinars




2015/11/17

[Baghdad - where]
the parliamentary finance committee, we said to maintain the dollar exchange rate and the content of the dinar reserves when printed 50 000 dinars category.
A statement by the mass citizen parliamentary received by all of Iraq [where] a copy of "the Finance Committee, headed by Faleh force met with the Governor of the Central Bank on the Keywords and advanced cadres in the Central Bank to discuss the subject of printing the class of 50 000 dinars] and what its impact on the economic reality of the country and the mechanisms put forward including promote financial reality in Iraq.
The head of the Finance Committee Faleh force that during the meeting with the governor has discuss the mechanics of printing the class of 50 000 dinars] and its technology and the cost of printing also touched on the subject of the dollar exchange rate and maintain the reserves of the Iraqi dinar content and acceptability by the international institutions.
He said that we are in force and through our discussions with the Governor of the Central Bank has the follow-up the subject of legal proceedings against the private banks in violation of the law of the central bank .anthy

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Parliamentary Finance: the withdrawal of 25 thousand dinars category for issuing a new class of 50 thousand




November 17, 2015

Our economy / Baghdad

Detection of the Finance Committee member Abdul Qader Mohammed category for the withdrawal of the 25 thousand dinars compared to the new category issued by the Central Bank, as he emphasized that the issuance of the fifty thousand category will make it easier to deal in Iraqi dinars at home to reduce the trend towards the dollar.

He said Mohammed said in a statement seen by the agency of our economy news that "the Pentecostal category issued by the Central Bank does not have any negative impact on fiscal policy in Iraq," stressing that "the deal of the Iraqi currency will be closer to deal private dollars for businesses which use large amounts of where more money to deal in Iraqi dinars existence of 50 thousand class ".

"The issuance of this category will make it easier to deal in Iraqi dinars at home to be a turnout it be bigger than the dollar, which have an impact on reducing the trend towards the latter," revealing that "any new class is issued by the central bank will in return withdraw category 25 000 or 10 000 ".

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Parliamentary Economic for "My Day": A version of the 50 class will deal with inflation and improve the economy


Tuesday - November 17 (November) 2015

~ BAGHDAD - My Day

The head of the parliamentary economic committee MP Jawad al-Bolani said fiscal and monetary policy need to issue a class of 50 and 100 000 dinars coin is part of the control of the construction of monetary policy keep pace with economic conditions experienced by Iraq. Bolani said in an exclusive interview with (my day) that the issuance of monetary category 50 000 dinars is an activity that is linked to the Iraqi Central Bank and any decision in this regard will be subject to the Bank's management and in line with economic conditions and the need of the country and the market for that category. He pointed out that the issuance of 50 thousand cash category is a natural process and outputs within the accounts prescribed by the Central Bank of the stability of the monetary policy to tackle inflation and improving the Iraqi economy. He Bolani "The policy that the central bank exercised very important to keep the Iraqi cash reserves of hard currency and managed in a manner consistent with the stage." For her part, committee member Nora Albjara that the issuance of banknotes worth 50 000 Iraqi dinars is part of the Iraqi Central Bank policies to create financial stability despite the difficult economic situation. She said in an interview summarized by (my day) that the Ministry of Finance and the Central Bank has developed a plan to be wall repel economic crises faced by Iraq. She stressed the need to promote the economic reality and keep the foreign currency and the high price of the Iraqi dinar against the dollar. She pointed out that Iraq needs that category for the advancement of economic reality and what the country is going through. He pointed out that next year will see an improvement in the Iraqi market economy and to develop plans that will keep the hard currency. For his part, the central bank said that the issuance of 50 thousand dinars category paves the way for the deletion of zeros from the currency, and among it will reduce the demand for the dollar, he noted that no connection to the financial crisis with the new version. A member of the Board of Directors of the Bank Ihsan al-Yasiri in a press statement: that the issuance of 50 thousand dinars category and think about the issuance of 100 thousand dinars category is a project that is not fortuitous, but put up since 2007, attributing the release as a problem in banknotes sequence as the highest category of cash (25 thousand dinars) equal to $ 22 and are therefore inadequate for transactions. Yasiri He added that the issuance of the new currency will facilitate a lot of transactions, and will contribute to reducing the demand for the dollar, at least in transactions, stressing that it is not for the government to issue income category, and not the state of the relationship of the project by the financial crisis and inflation or deflation. Yasiri pointed out that the issuance of 50 thousand dinars category, and our thinking by issuing 100 thousand dinars category is one of the preliminary steps for the project to delete the zeros,


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