CBI Processors to Control Dollar Exchange Rate

Foreign Currencies Auction at CBI on Saturday 6-27-15

On Saturday, a statement issued by CBI that the Iraqi Central Bank opened window for daily buying and selling of foreign currencies and it reached at 282 million U.S dollars in the ...

Today CBI Sold $ 258 million in Daily Auction of Foreign Currencies

On Tuesday; the Sales of Iraqi Central Bank in the daily auction for foreign currencies have been reached at 258 million U.S dollars, which is against the financial budget law 2015. ...

Iraqi Cash Reserves Approaching at $ 80 Billion: Finance Committee

The Iraqi Finance Committee refused that Iraqi government used the hard cash reserves to manage the budget deficit problems. It is also said that total cash reserves are 80 billion ...

Iraq Losing Billion Dollars Per Year to Stabilize the Exchange Rate

Dr. Nabil Jaafar Professor of economics in Basra University said that the current rise in the U.S dollar against the Iraqi dinar is due to one of the wars that faced by the Iraq and ...

CBI Not to Sell Hard Cash to Private Banks: Al Shammari

On Wednesday, a member of the National Coalition in the House of Representative MP Kazem Al Shammari issued a statement that Iraqi Central Bank should stop the hard currency sale to ...

Iraq is looking to Gain International Credit Rating for Its Dominant Bonds

A press statement issued by the Iraqi Finance Ministry that a meeting was conducted by the Iraqi Finance Minister Hoshyar Zebari along with his delegation in the presence of Sheikh ...
Iraqi Economy

Changes in Exchange Rate is a Global Incident

A famous economic expert D. Thuwaini is working on the legislative and institutional framework which is identified by the Iraqi Central Bank’s law 56 in the year 2004. The major goal ...

Mechanisms that Controls the U.S Dollar Prices

If the methods and mechanisms succeed in maintaining and stabilizing the U.S dollar exchange rate, it is considered as controlling the currency exchange rate. A famous economic expert ...
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