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Tag: Dinar RV

Iranian Currency Affecting the Iraqi Currency Market

Iranian Currency Affecting the Iraqi Currency Market

In the cities of southern Iraq and Baghdad, after the U.S dollar and Iraqi dinar, the Iranian currency Altoman is at third rank in the Iraqi currency exchange market to reject the Jordanian dinar. There were several economic and political reasons to close the U.S currency in the Iraqi market, and to advance the Iranian Altoman currency who suffocated commercial transactions in most of the southern Iraqi cities, especially a free land route with Jordan. So, the trade between these…

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CBI to Implement Cash Management Policy

CBI to Implement Cash Management Policy

Iraqi Dinar 123 News:- Most of the Economic experts issued their statements on the issuance of the large amount of bank note categories. They predicted that the project of printing 50,000 Iraqi dinar notes by the Iraqi Central Bank is a part of Bank’s monetary policy and it would also help to support the Iraqi economy. The Governor of the Iraqi Central Bank announced yesterday during a meeting with the Parliamentary Economic and Investment Commission that the CBI has planned…

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Iraqi Dinar Getting Strong Against the U.S Dollar: Economic Experts

Iraqi Dinar Getting Strong Against the U.S Dollar: Economic Experts

The Iraqi currency market violence is coming back to its standard with high value of the U.S dollar. The Iraqi Central Bank needs to decrease the sales volume of the U.S dollar in the public auction. The U.S dollar prices rose suddenly with its top level and it was the highest value since last two year, it affected negatively over the market trading. There were many reasons behind the rise in the U.S dollar including the budget law 2015, which…

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Iraq Dinar Sees Record High Against Dollar

Iraq Dinar Sees Record High Against Dollar

According to some authentic sources, the Iraqi dinar currency impulsively returns upward against the value of U.S dollar. Most of the speculators said that the policies of the Iraqi Central Bank focused to decrease the sale of the U.S dollar in the public auction. As we have seen a sudden rise in the price of U.S dollar against the Iraqi dinar with the highest level in last two years with 1200 Iraqi dinars per U.S dollar, which reflected negatively on…

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World Bank to Meet with Iraqi Finance Committee and CBI

World Bank to Meet with Iraqi Finance Committee and CBI

Iraqi Dinar 123 News: – The Iraqi Finance Minister Hoshyar Zebari, the Governor of the Iraqi Central Bank, Finance Ministry delegation and Iraqi ambassador to Washington met with the Executive Director of the World Bank for technical discussion of the Iraqi programs for rebuilding and stabilizing the Iraqi economy adopting new mechanisms and methods. Dr. Mirza Hassan and the team members of the CBI said in a briefing on the methods which has implemented for the development program by the…

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Civil Mafias Involvement in Controlling Iraqi Dinar Prices

Civil Mafias Involvement in Controlling Iraqi Dinar Prices

Iraqi Dinar 123 News: – The Iraqi Parliamentary Finance Committee member Haitham Al Jubouri issued a statement in an interview that the Central Bank of Iraq has taken some important steps to control the continuous decline in the Iraqi dinar value. He also pointed out that there is a series of measures which need a handsome amount of time to be implemented such as printing a large amount of new currencies. He added that there is a civil mafia operating…

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Implementation of Deletion Zeros from Iraqi Dinar

Implementation of Deletion Zeros from Iraqi Dinar

Iraqi Dinar 123 News: – A most famous economic expert Antoine said that the implementation of deletion zeros from the Iraqi dinar currency would help in restructuring and to reduce the currency circulation in the market. He also said that this major project is still under discussion between the Iraqi Authorities and the Iraqi Central Bank. Most of the economists predicted that the implementation of deletion zeros project is in the favor of Iraqi people and it will also provide…

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Iraq Should Get Help from IMF to Meet Financial Crisis

Iraq Should Get Help from IMF to Meet Financial Crisis

Iraqi Dinar 123 News: – The Parliamentary Finance Committee member Ahmed Sarhan issued a statement that Iraq should take advantage of Iraqi membership in the International Monetary Fund (IMF) by getting provision of extension to meet the challenges of financial crisis, expenses on war against terrorism and Daash militants and economic crisis after a huge downfall in the global oil prices. He further added that Iraq should generate a request to the International Monetary Fund to help Iraq in preventing…

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