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12-13-2012, 09:36 PM
More pips coming?

CBI authorizes the province to raise the price of the dinar against the dollar

Wednesday, 12 January 1 / December 2012 18:20

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Twilight News / Central Bank of Iraq, Wednesday, authorize the acting governor Abdul Basit Turki raise the price of the dinar against the U.S. dollar.

And saw the price of the dinar stable since 2008 and so far at the exchange rate ranged between 1170 to 1200 Iraqi dinars per dollar.

The bank said in a statement received "Twilight News" copy of it, that the bank's board has taken a number of decisions to support the national economy, notably authorize the Governor to reduce the sale price of the dollar and of 1179 dinars to the dollar to enhance the value of the dinar and the requirements of the market.

The statement did not mention the new proposed price of the dollar against the dinar, also did not specify a time limit for the implementation of the mechanism for lifting the price of the Iraqi dinar.

The decision came after a few weeks of the withdrawal by the Central Bank Governor Sinan al-Shabibi and the prime BSA Abdul Basit Turki to serve as governor of the bank.
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12-13-2012, 09:37 PM
Iraq participates in the meeting of the International Monetary Fund

BAGHDAD / obelisk: BSA revealed, Wednesday, a delegation from the Jordanian capital Amman to participate in the meeting of the International Monetary Fund, which will be held for a period of 13 -15 month.

The head of the National Audit Court, Dr. Abdul Basit Turki Saeed for "obelisk", "The delegation of the Bureau went to the Jordanian capital Amman to participate in the meeting of the International Monetary Fund to be held there for a period of 13-15 of this month," noting that "the meeting IMF will examine the economic and financial reforms and cash in the Arab world, and will follow the financial crisis and its consequences on the major economies. "

Turki said that "Iraq will participate in the conference with representatives from the Ministry of Finance and the Central Bank, as well as the participation of members of the Iraqi Council of Representatives at the meeting to review the Convention on the Stand-By Arrangement for the International Monetary Fund."

The Finance Minister Rafie al-Issawi was surprised, Wednesday, to leave the Iraqi Airways plane to Amman while had been waiting inside the guest room at Baghdad International Airport.

It is noteworthy that the International Monetary Fund is a specialized agency of the Bretton Woods system of the United Nations, was established by an international treaty in 1945 to work on enhancing the safety of the global economy, and is located at IFAD headquarters in Washington, DC, and managed by its members, who include all the world's countries their number of 186 countries.
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12-13-2012, 09:46 PM
Cha-Chi?..ng.......................................... ............never mind. Soooooooooooooon

Dinar Index
12-14-2012, 06:19 PM
I am with you Fish so soooooooooon cha cha cha ching!!