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Parliamentary Finance: high dollar prices of the subject «temporary»

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Parliamentary Finance: high dollar prices of the subject «temporary»

 

 

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4/28/2015 0:00 

Central Bank to take action to reduce the phenomenon of money laundering 
 BAGHDAD Shaima Rashid 
parliamentary finance committee explained that the rise in the dollar Annie subject of prices will end once the improved economic situation and the rise in oil prices in world markets and the rise of Iraq's oil exports in return, noting that the central bank has taken a number of measures to reduce the phenomenon of money laundering. 
The committee member said Masood Haider told the "morning": that the low rate of the dinar against the dollar has many, including the war on terrorism and the decline in oil prices, factors in addition to the economic situation that is going through the country, expecting that the dollar decline in the period coming as soon as oil prices rise in global markets and rising Iraqi oil exports. 
He said the economic situation gradually improve with the start of the increase in the country's imports of oil as a result of rising exports gradually, noting that the Kurdistan region will be at the beginning of the month of May the export of 550 000 barrels of oil a day and a month later increased to 600 000 barrels, noting that all these factors will increase state revenues and will affect positively on the dollar's decline. 
As for the issue of money laundering in previous years, the MP said the central bank has taken a number of measures against money laundering, including the imposition of taxes and customs on companies and banks that buy foreign currency from him, whether in cash or bank. 
The deputy expressed hope that is in the next few months, the liberation of all the country from the grip of Daash which will make Iraq need substantial financial assistance for the reconstruction, which will open the way for the introduction of large amounts of currency to Iraq and thus lower Atar.okan CBI prices announced (17 March 2015) the adoption of a new mechanism for the payment of taxes and control of "money laundering" through the prepayment of taxes and customs of the goods entering Iraq, returned that will double the country's imports. 
and decided to bank in (28 March 2015) to meet 8% of tax rates and customs own Bokiem imports by private banks. 
In turn, said Finance Committee member Haider al-Kaabi said his committee has taken many measures on dollar sales at auction in order to reduce the dollar prices as well as the subject of washing Alamwal.oukal told the "morning": that there is $ 200 billion from 2005 to 2014 came from Iraq by companies or banks are buying the dollar and convert it without providing lists of buying a topic related to money laundering. 
He added that the Finance Committee formed with committees Integrity and economics, legal, health, a committee to investigate the facts about who laundered the money and buy the dollar and smuggled out of Iraq, noting that the committee is supposed to give the results at the end of the current legislative term. 

The current year's budget law, committed the Central Bank of Iraq, in paragraph 50, identifying sales of foreign currency (US dollar) in the daily auction ceiling does not exceed 75 million, with the exercise of justice in the sale, and claim to participate in the auction banks providing goods enter documents and statements of tax settling accounts and savings Alkmarki within 30 days from the date of purchase of the amount, and otherwise apply to them the penalties stipulated in the Central Bank Act or regulations issued it, and use other banking tools to maintain the strength of the dinar against the dollar.

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Parliamentary Finance: Central Bank has processors to maintain the exchange rate of the dollar

28/04/2015 10:11 | Number of Views: 244

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Trend Press - special

Parliamentary Finance Committee confirmed that the Central Bank of Iraq is the party responsible for the exchange rate of the dollar against the Iraqi dinar and maintain it.

Committee member Jabbar Abdul Khaliq said in an interview with "The trend Press" that the central bank put a lot of processors through the multiplicity of selling the dollar and foreign currency outlets in markets, to maintain the stability of the exchange rate, likely not to see the Iraqi market higher prices in the coming period due to the availability of reserve CBE,

He said Abdul Khaliq that determine the exchange of shares ceiling prices to rise during the past few days, indicating that the Commission its control and not draw the Bank's policy of being an independent body.

The Iraqi market rise in the dollar's exchange rate against the dinar reached in some cases to 1235 dinars to the dollar, the highest rate up to the exchange rate during the past two years.

He attributed the owners of banking companies rise and fall of the exchange rate is linked to the central bank, which determines its price rising or falling procedures. 
It is expected to offset the rise in the dollar exchange rate of decline in the volume of trading in the stock market.

 

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Parliamentary Finance: Central bank dollar will solve the problem of high

19:49

04/28/2015

The parliamentary finance committee confirmed that the Central Bank of Iraq is the party responsible for the exchange rate of the dollar against the Iraqi dinar and maintain it.

Committee member Jabbar Abdul Khaliq; that "the central bank put a lot of processors through the multiplicity of selling the dollar and foreign currency outlets in markets, to maintain the stability of the exchange rate, likely not to see the Iraqi market higher prices in the coming period due to the availability of reserve central to the"

He said Abdul Khaliq; "The roof determine the exchange of shares rising prices in recent days, indicating that the Commission its control and not draw the Bank's policy of being an independent body.

Iraqi market has seen a rise in the dollar's exchange rate against the dinar reached in some cases to 1235 dinars to the dollar, the highest rate of the exchange rate during the past two years.

He attributed the owners of banking companies rise and fall of the exchange rate is linked to the central bank that determines its price rising or falling procedures.

It is expected to offset the rise in the dollar exchange rate decrease in the volume of trading in the stock market.

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04/28/2015 10:01

Parliamentary Finance Committee explained that the rising dollar Annie subject of prices will end as soon as the improved economic situation and the rise in oil prices in world markets and rising Iraqi oil exports in return, noting that the central bank has taken a number of measures to reduce the phenomenon of money laundering. The committee member said Masood Haider in a statement "morning": that the low rate of the dinar against the dollar has many factors, including the war on terror and the drop in oil prices as well as the economic situation is going through the country, predicting that the dollar price drop in the coming period as soon as oil prices rise in global markets and rising Iraqi oil exports . He said the economic situation gradually improve with the start of the increase in the country's imports of oil as a result of rising exports gradually, noting that the Kurdistan region will be at the beginning of the month of May the export of 550 000 barrels of oil per day and a month later increase to 600 000 barrels, indicating that all of these factors will increase state revenues and will affect positively on the depreciation of the dollar. As for the issue of money laundering in previous years, the MP said the central bank has taken a number of measures against money laundering, including the imposition of taxes and customs on companies and banks that buy hard it currency, whether in cash or Money. The deputy expressed hope that is in the next few months, the liberation of all the country from the grip of Daash which will make Iraq need large financial aid for reconstruction, which will open the way for the introduction of large amounts of currency to Iraq and thus lower Atar.okan CBI prices announced (17 March 2015) the adoption of a new mechanism for the payment of taxes and control of "money laundering" through prepayment of taxes and customs for goods entering Iraq, returned to that will double the country's imports. and decided to bank on (28 March 2015) are met 8% of the taxes and customs rate Bokiem own imports by private banks. In turn, a member of the Finance Committee said Haider al-Kaabi said his committee has taken many measures on dollar sales at auction in order to reduce the dollar prices as well as the subject of laundering Alamwal.oukal in a statement the "morning": that there are 200 billion dollars from 2005 to 2014 out of Iraq by companies or banks are buying the dollar and convert it without submit lists of buying a topic related to money laundering. He added that the Finance Committee formed with committees of integrity, economy, legal, health, a committee to investigate the facts about who laundered the money and buy Dollar and smuggled out of Iraq, noting that the committee is supposed to give its results at the end of the current legislative term. The current year's budget law, committed the Central Bank of Iraq, in paragraph 50, identifying sales of foreign currency (dollar) in the daily auction ceiling does not exceed 75 million dinars, with the exercise of justice in the sale, and claim to participate in the auction banks providing the introduction of cargo documents and statements of tax settling accounts and savings Alkmarki within 30 days from the date of their purchase amount, and otherwise apply to them the penalties provided for in the Central Bank Act or regulations issued it, and use other banking tools to maintain the strength of the dinar against the dollar.


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in a statement the "morning": that there are 200 billion dollars from 2005 to 2014 out of Iraq by companies or banks are buying the dollar and convert it without submit lists of buying a topic related to money laundering. He added that the Finance Committee formed with committees of integrity, economy, legal, health, a committee to investigate the facts about who laundered the money and buy Dollar and smuggled out of Iraq, noting that the committee is supposed to give its results at the end of the current legislative term. 

 

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Alusi demanding the government approached Britain locus of Iraqi funds in banks

26/04/2015 06:48 | Number of Views: 1947

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BAGHDAD / Source News / .. student member of the Foreign Relations Committee, Mithal al-Alusi, Sunday, the Iraqi government to open the Iraqi budget funds smuggled into British banks file, indicating that the importance of visiting British Foreign Minister lies in the topics to be discussed in Baghdad.

Alusi said in an interview with Agence / Source News /, "Britain plays a central and pivotal in European politics and the international coalition role," noting that "Iraq has a different relationship with Britain."

He added that "the importance of visiting British Foreign Minister to Baghdad, lies in the themes that will discuss it," asking, "Do you look at this visit, the subject of the Iraqi army support, armed and endowment against Daash terrorist, or the constitutional democratic process support, this visit is welcome and helpful to Iraq."

The student member of the Foreign Relations Committee, "the prime minister Haidaralebadi and Foreign Minister Ibrahim al-Jaafari that claim British Foreign Minister Ban British banks replete with the money they steal from the Iraqi budget,pointing out that "the parking London with Baghdad is through the return of Iraqi funds in British banks, and the second, with the thinking of the importance of open universities in front of Iraqi students. " Finished / i

Read more: http://dinarvets.com/forums/index.php?/topic/201455-alusi-demanding-the-government-approached-britain-locus-of-iraqi-funds-in-banks/#ixzz3YhLnwWef

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