CURRENT ECONOMIC AND POLITICAL NEWS EVENTS: BRINGING OUR WORLD (EAST AND WEST) CLOSER TOGETHER TO FORM A GLOBAL SOCIETY ~ LOOK FOR GLOBAL CURRENCY NEWS AND UPDATES ON GLOBAL AND REGIONAL CURRENCIES: ASIAN, MIDDLE EAST, LATIN AMERICA, EMERGING MARKETS, ALONG WITH THE EURO AND THE U.S. DOLLAR ...
Wednesday, June 7, 2000
Links ~ Latin America Currencies ...
*Halt Currency Revaluations ~ Santos: Latin America must unite to defend economy and halt the revaluation of their currencies ...
March 2011 .. *Currency Revaluation ~ IMF ~ Latin America ~ Currency flexibility key in Latin America ...
*Brazil Calls for Currency System Overhaul
*Latin American currency to appreciate in 2011: Morgan Stanley ...
*Bolivia summit adopts new currency the "Sucre"
Wednesday, May 31, 2000
Going Global Links ~ May 2012
*What Do The Stars Say For April 29th through May 5th ...
*UN, May 1st - 3rd Iraq including representatives from Iraq’s Committee of Financial Experts, Jordan, Kuwait and Saudi Arabia will address the Council
Parliament returns May 3rd ... House of Representatives to raise its third month next ...
Date Set For May 3rd ~ Supreme Judicial determines the third of May, the date for trial and his brother-Hashimi in Baghdad
May 3-4-2012 ~ U.S.-China Strategic and Economic Dialogue to be held May 3-4, 2012 in Beijing, China ...
Barzani calls for the presidency and the leadership of the Sadrist line to come to a consultative meeting in Arbil, the seventh of May next to resolve the current crisis in the country. " .. Iraq - May 7th Meeting: Moves presidential exit agreement and a comprehensive national and Sadr denies the nomination of a replacement for al-Maliki
*War Alert ~ US-Jordan Exercise "Eager Lion 12" will be held from May 7 to May 28 and will involve 15 other countries ...
Parliament decides to host some Ministers and emphasized resolving file questioning Secretary of Baghdad and Iraq begins recess May 14th 2012 ...
Iraq and Kuwait May 15th and UN delegation to Iraq the end of 2012 to follow up the decisions of the Joint Committee
G8 NATO Summit Chicago 2012 ~ May 18, 2012 - May 21, 2012
*May 20-21-2012 G8 Summit Venue Changed
*May 23rd .. Zebari said looking with an Iranian official Iraq's preparations to host the meeting of the Group of Member States (5 + 1)
*May 24-31-2012 ~ Denver, CO, Russia, U.S. to Hold Anti-terror Drills in May ...
*May 28th 2012 .. East Asia may double size of currency volatility fund March 28th in Cambodia ...
May 30-31 ~ Oil delayed fourth round of licensing contracts to the end of May ...
May 31, 2012 ~ Bush to return to White House for portrait unveiling ...
May 31st ~ Brussels Economic Forum 2012
*UN, May 1st - 3rd Iraq including representatives from Iraq’s Committee of Financial Experts, Jordan, Kuwait and Saudi Arabia will address the Council
Parliament returns May 3rd ... House of Representatives to raise its third month next ...
Date Set For May 3rd ~ Supreme Judicial determines the third of May, the date for trial and his brother-Hashimi in Baghdad
May 3-4-2012 ~ U.S.-China Strategic and Economic Dialogue to be held May 3-4, 2012 in Beijing, China ...
Barzani calls for the presidency and the leadership of the Sadrist line to come to a consultative meeting in Arbil, the seventh of May next to resolve the current crisis in the country. " .. Iraq - May 7th Meeting: Moves presidential exit agreement and a comprehensive national and Sadr denies the nomination of a replacement for al-Maliki
*War Alert ~ US-Jordan Exercise "Eager Lion 12" will be held from May 7 to May 28 and will involve 15 other countries ...
Parliament decides to host some Ministers and emphasized resolving file questioning Secretary of Baghdad and Iraq begins recess May 14th 2012 ...
Iraq and Kuwait May 15th and UN delegation to Iraq the end of 2012 to follow up the decisions of the Joint Committee
G8 NATO Summit Chicago 2012 ~ May 18, 2012 - May 21, 2012
*May 20-21-2012 G8 Summit Venue Changed
*May 23rd .. Zebari said looking with an Iranian official Iraq's preparations to host the meeting of the Group of Member States (5 + 1)
*May 24-31-2012 ~ Denver, CO, Russia, U.S. to Hold Anti-terror Drills in May ...
*May 28th 2012 .. East Asia may double size of currency volatility fund March 28th in Cambodia ...
May 30-31 ~ Oil delayed fourth round of licensing contracts to the end of May ...
May 31, 2012 ~ Bush to return to White House for portrait unveiling ...
May 31st ~ Brussels Economic Forum 2012
Labels:
Links ~ May 2012
Iraq Central Bank to sell Dollars facing Iraqi Dinar depreciation
25-05-2012
Iraq Central Bank to sell Dollars facing Iraqi Dinar depreciation
In a series of measures to face Iraqi dinar depreciation facing the Dollar, Iraqi Central Bank authorized Al Rafidain and Al Rashid governmental banks to sell the Hard Currency in direct auctions in order to provide larger quantities of Dollar and fulfill increasing demand thereof. Our new measures helped increasing dinar exchange rate which is expected to become stable in the few coming days, Deputy Governor of Iraqi Central Bank revealed.
“To enhance competitiveness and diversity, governmental banks were provided with cash in Dollars to be sold to citizens in the auction,” Deputy Governor of Iraqi Central Bank Mazhar Mohamed Saleh said noting that 10 dinars are added to the original price as bank commission. “This measure intended to diversify competition and stop monopolization which positively influenced dinar exchange value decrease,” he advanced. “Central Bank of Iraq approved measures to control Dollar leakage outside the country through registering buyers and indicating 10 thousand Dollars as the maximum amount to buy for each individual per day,” Saleh uttered.
“We refer to banks, tax departments and Trade Registry to discover everything about our clients and allow each individual to carry 10 thousand Dollars in international airports,” Saleh announced explaining that instructions stipulate that individuals are not allowed to carry more than 10 thousand Dollars in cash.
It is necessary to undertake tighter security measures to prevent Hard Currency transfer outside the country, economic experts pointed out.
“When there is a gap, demand increases unexpectedly,” economic expert Jamil Antoine stated noting that increasing the offer of Dollar could solve the issue only if security and observation measures to stop Dollar leakage are increased.
Central Bank of Iraq increased Dollar offer intending to increase Dinar exchange rate as well as fix the latest increasing inflation, and stop monopolization of money transfer and exchange companies that are benefiting from difference in exchange rates.
source
Iraq Central Bank to sell Dollars facing Iraqi Dinar depreciation
In a series of measures to face Iraqi dinar depreciation facing the Dollar, Iraqi Central Bank authorized Al Rafidain and Al Rashid governmental banks to sell the Hard Currency in direct auctions in order to provide larger quantities of Dollar and fulfill increasing demand thereof. Our new measures helped increasing dinar exchange rate which is expected to become stable in the few coming days, Deputy Governor of Iraqi Central Bank revealed.
“To enhance competitiveness and diversity, governmental banks were provided with cash in Dollars to be sold to citizens in the auction,” Deputy Governor of Iraqi Central Bank Mazhar Mohamed Saleh said noting that 10 dinars are added to the original price as bank commission. “This measure intended to diversify competition and stop monopolization which positively influenced dinar exchange value decrease,” he advanced. “Central Bank of Iraq approved measures to control Dollar leakage outside the country through registering buyers and indicating 10 thousand Dollars as the maximum amount to buy for each individual per day,” Saleh uttered.
“We refer to banks, tax departments and Trade Registry to discover everything about our clients and allow each individual to carry 10 thousand Dollars in international airports,” Saleh announced explaining that instructions stipulate that individuals are not allowed to carry more than 10 thousand Dollars in cash.
It is necessary to undertake tighter security measures to prevent Hard Currency transfer outside the country, economic experts pointed out.
“When there is a gap, demand increases unexpectedly,” economic expert Jamil Antoine stated noting that increasing the offer of Dollar could solve the issue only if security and observation measures to stop Dollar leakage are increased.
Central Bank of Iraq increased Dollar offer intending to increase Dinar exchange rate as well as fix the latest increasing inflation, and stop monopolization of money transfer and exchange companies that are benefiting from difference in exchange rates.
source
Labels:
Iraqi Dinar and U.S. dollar,
videos
Saturday, May 27, 2000
Friday, May 26, 2000
Links ~ Iraq and WTO - Iraq's Tariff and Taxes ...
Most importantly .. link .. *Iraq and WTO and Dinar " The obstacle that prevents access to Iraq's WTO membership is a file of Iraq's debt, and hopefully will be resolved soon ...
June 2012
*Iraq and WTO: Assess the trade seminar on Iraq's accession to the WTO
*June 30th 2012 Iraq's Tariff ~ Parliamentary committee: may not be a law in the absence of tariff protection laws and consumer product ...
May 2012 articles
*Iraq and WTO ~ Expert: the need to join the World Trade Organization
*Iraq and WTO ~ Commission: the application of free economy and Iraq enters alkmarikh tariff to WTO ...
*Iraq and WTO ~ Iraq's accession to the WTO contributes to attract significant investment to the country ...
*Iraq Customs Law will support national economy, MP
*Parliament rejects the economic slowdown in the application of tariff
*Iraq's Tariff ~ With the start of the countdown to the implementation of tariff .. Between economic imperatives .. And fears of rising prices
*Economic interactions on the adoption of tariff ~ With the start of the countdown to apply ...
*End of June Postponement of the tariff would destroy the national economy
*Economic analyst: the need to develop local products to enhance the activation of the Tariff Act
*Wednesday, May 9th .. National Business Council held a seminar attended by Skinner to discuss the customs tariff law
*Iraq Tariff Law June 1st ...Quality control: flexible and variable tariff alkmerket
March 2012
*Iraq and WTO ~ Parliamentary committee: tariff system will enter Iraq to WTO
*Iraq and WTO ~ Iraq receives requests from the World Trade Organization membership .. Must Pass Certain Legislation (Internationalize Currency?)
*Iraq and WTO and Dinar " The obstacle that prevents access to Iraq's WTO membership is a file of Iraq's debt, and hopefully will be resolved soon ...
March 2012 .. *Iraq and WTO ~ Iraq and UNCTAD Meeting ...
February 2012 .. link .. *Iraq at a meeting of Arab unification of customs tariffs
January 2012 ..
*Baghdad Customs Tax and Free Trade Zones ~ General Authority for Free Zones, calling on the government to activate the transit system
*Iraq ~ Customs announces increased revenues and calls for the application of tariff law
___
April 2011... *Iraq's Transit trade and free zones ...
July 2011 .. *Prime Minister announces near the application of tax law and customs tariff
October 2011 .. *Iraq's Law of Customs Tariff to be Applied Beginning of 2012 ~ neighboring countries pressure on politicians to the continued flow of goods to Iraq
June 2012
*Iraq and WTO: Assess the trade seminar on Iraq's accession to the WTO
*June 30th 2012 Iraq's Tariff ~ Parliamentary committee: may not be a law in the absence of tariff protection laws and consumer product ...
May 2012 articles
*Iraq and WTO ~ Expert: the need to join the World Trade Organization
*Iraq and WTO ~ Commission: the application of free economy and Iraq enters alkmarikh tariff to WTO ...
*Iraq and WTO ~ Iraq's accession to the WTO contributes to attract significant investment to the country ...
*Iraq Customs Law will support national economy, MP
*Parliament rejects the economic slowdown in the application of tariff
*Iraq's Tariff ~ With the start of the countdown to the implementation of tariff .. Between economic imperatives .. And fears of rising prices
*Economic interactions on the adoption of tariff ~ With the start of the countdown to apply ...
*End of June Postponement of the tariff would destroy the national economy
*Economic analyst: the need to develop local products to enhance the activation of the Tariff Act
*Wednesday, May 9th .. National Business Council held a seminar attended by Skinner to discuss the customs tariff law
*Iraq Tariff Law June 1st ...Quality control: flexible and variable tariff alkmerket
March 2012
*Iraq and WTO ~ Parliamentary committee: tariff system will enter Iraq to WTO
*Iraq and WTO ~ Iraq receives requests from the World Trade Organization membership .. Must Pass Certain Legislation (Internationalize Currency?)
*Iraq and WTO and Dinar " The obstacle that prevents access to Iraq's WTO membership is a file of Iraq's debt, and hopefully will be resolved soon ...
March 2012 .. *Iraq and WTO ~ Iraq and UNCTAD Meeting ...
February 2012 .. link .. *Iraq at a meeting of Arab unification of customs tariffs
January 2012 ..
*Baghdad Customs Tax and Free Trade Zones ~ General Authority for Free Zones, calling on the government to activate the transit system
*Iraq ~ Customs announces increased revenues and calls for the application of tariff law
___
April 2011... *Iraq's Transit trade and free zones ...
July 2011 .. *Prime Minister announces near the application of tax law and customs tariff
October 2011 .. *Iraq's Law of Customs Tariff to be Applied Beginning of 2012 ~ neighboring countries pressure on politicians to the continued flow of goods to Iraq
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