Home
Central Bank Governor: the country needs to work doubly to stop money laundering
Thursday, July 3rd, 2014 12:26
BAGHDAD / Baghdadi News .. The Governor of Central Bank of Iraq, on Thursday, said the strength of the Iraqi dinar and the precautions that support has not been affected despite the recent situation in Iraq, noting that the country needs to work doubly to stop money laundering.
Said Abdul Basit Turki said in an interview during his participation and chaired by the FATF for the Middle East and North Africa to combat money laundering and terrorism financing in Bahrain and I followed / Baghdadi News / "The cash reserve supporter of the Iraqi dinar is 70 billion dollars and the central bank is able to support the exchange rate of the dinar which currently stands at 1200 dinars to the dollar but did not rule affected the exchange rate. "
He pointed out that "the Iraqi dinar powered reserves and is pegged to any other currency and cash reserves able to support," reassuring "Iraqis that those large reserves of state funds of the central bank are not in Iraq but in the states and other banks in Europe and other countries."
And influenced by the currency and the economy because of the security situation, said, "There is no doubt that the latest of this size have an impact on the economy first and on the financial position and cash the other hand, the Iraqi state, but able to get out of this crisis."
And money laundering in Iraq and in the region by virtue chaired this group pointed out that "Iraq and the GCC countries, especially the Arab countries and Middle Eastern generally need to work doubly to stop the process of money laundering and financing of terrorism because there are a lot of gaps must be bridged for not world class and this is what we need now." Ended / 21
[You must be registered and logged in to see this link.]
--
Thursday, July 3rd, 2014 12:26
BAGHDAD / Baghdadi News .. The Governor of Central Bank of Iraq, on Thursday, said the strength of the Iraqi dinar and the precautions that support has not been affected despite the recent situation in Iraq, noting that the country needs to work doubly to stop money laundering.
Said Abdul Basit Turki said in an interview during his participation and chaired by the FATF for the Middle East and North Africa to combat money laundering and terrorism financing in Bahrain and I followed / Baghdadi News / "The cash reserve supporter of the Iraqi dinar is 70 billion dollars and the central bank is able to support the exchange rate of the dinar which currently stands at 1200 dinars to the dollar but did not rule affected the exchange rate. "
He pointed out that "the Iraqi dinar powered reserves and is pegged to any other currency and cash reserves able to support," reassuring "Iraqis that those large reserves of state funds of the central bank are not in Iraq but in the states and other banks in Europe and other countries."
And influenced by the currency and the economy because of the security situation, said, "There is no doubt that the latest of this size have an impact on the economy first and on the financial position and cash the other hand, the Iraqi state, but able to get out of this crisis."
And money laundering in Iraq and in the region by virtue chaired this group pointed out that "Iraq and the GCC countries, especially the Arab countries and Middle Eastern generally need to work doubly to stop the process of money laundering and financing of terrorism because there are a lot of gaps must be bridged for not world class and this is what we need now." Ended / 21
[You must be registered and logged in to see this link.]
--
[You must be registered and logged in to see this image.]
» utube 6/18/24 MM&C Iraq Dinar - IQD Update - Liberation of Economy - 6.5 Billion Dinars ($4.9 Bill
» utube 6/22/24 MM&C IQD Update - Iraq Dinar - Investment Law - Implementation Tripartite Budget - Ra
» Ministers' statements evaporate in the electricity sky... bright promises that do not touch reality,
» Ministry of Oil: The government is working to convert 40 percent of crude oil into oil derivatives
» Popular Movement: We have sufficient lines to export oil and we do not need a normalization pipeline
» Al-Sudani discusses the work of Dutch companies in Iraq
» America's continued violation of Iraq's sovereignty...what is its purpose?
» Anbar tribes demand the removal of American forces
» Al-Maliki's coalition: Iraq can submit an international request to remove American forces
» Revealing an Iraqi request to America that includes the withdrawal of its forces
» A leader in the framework: Washington exploited 5 points in the strategic agreement to harm Iraq’s s
» The Human Rights Parliament criticizes the silence of the international community regarding what is
» I asked Iraq to stay for 3 years... The information publishes important details about the American f
» The US Army responds to the joint attack by the Houthis and the "Iraqi Resistance"
» Dozens of Iraqi companies participate in an investment summit in America
» Iraq.. Water storage is less than half of the need and a bleak fate awaits the marshes
» The Central Bank of Iraq sells $273 million at auction today
» Parliamentary Economy explains...Does the fluctuation of oil prices affect the economy of Iraq?
» Parliamentary law resolves the matter: salaries cannot be affected in the 2024 budget
» Integrity arrests employees in the Ministries of Finance and Trade red-handed in bribery in Anbar
» Government advisor: Sovereign guarantees to the private sector will contribute to the industrial ren
» Iraq's oil exports to America decreased in a week
» Applying for care stipends is “available at any time” for 5 categories of women
» Advisor to the Association of Banks: The Central Bank's third strategy is a new methodology for fina
» Parliamentary Electricity calls for obligating state departments to adopt solar energy
» Kurdish approval of the agreement between oil companies and SOMO
» Health warning to shop owners regarding the safety of food products
» After the decline in inflation rates... economic calls to improve financial policy management in Ira
» Transport reveals the latest developments in Al-Faw Port: We have completed 5 berths, and this is th
» The environment threatens violating factories: penalties reach fines and closure
» The World Bank expects economic growth in Iraq to reach more than 5% in 2026
» A parliamentary call to hold an extraordinary session of Parliament to discuss the reality of electr
» The Cabinet Secretariat details to Al-Iqtisad News the decision to reduce working hours: Governors a
» Directives from Sudanese regarding the issue of lifting the ban on Iraqi Airlines
» The Prime Minister stresses the necessity of keeping pace with developments in the field of air tran
» Adviser to the Prime Minister to Nina: The government is seeking new, more effective mechanisms to r
» Al-Sudani receives the Dutch ambassador to Iraq on the occasion of the end of his work
» Iraq's oil exports to America declined last week
» Sudanese inaugurates the new Air Defense Command operations center
» A plan to increase and develop oil pipelines
» {Seismic code} for Iraq
» Al-Emaar: New residential cities will reduce real estate prices
» Kurdistan receives 400,000 tourists on Eid al-Adha
» Experts praise government support for higher education
» Government advisor: The budget imposed discipline in expenditures and diversification of revenues
» Basra crude achieves gains of more than 3% in a week
» Absorptive capacity
» Establishment of the Commercial Arbitration Center in Iraq
» Baghdad Council diagnoses Note: Why does the electricity not turn off in the areas covered by privat
» A decrease in the dollar exchange rates on Iraqi stock exchanges
» The political street is awaiting the selection of the Speaker of Parliament soon
» “Electricity disputes”.. What is the story of the “regional” objection and the “intermediaries” of s
» "SDF" threatens more than 7 million Iraqis, and Parliament issues a warning: "A disaster looms on th
» Al-Maliki's candidate secures 7 votes and is separated by two votes from the position of governor of
» Iraq and the Netherlands are discussing activating the joint water council between the two countries
» Barzani is in the process of issuing a “fifth decree” to set the date for parliamentary elections in
» Is Iraq qualified politically and security-wise to receive Gulf leaders? A specialist reveals - urge
» Fuel prices are burning in Kurdistan, and tourism and cooling are behind the rise - urgent
» The thorny issue: Washington continues to threaten the Iraqis with a repeat of the 2014 scenario
» Masrour Barzani assigns a special representative to trace the fate of missing citizens in Saudi Arab
» The Minister of Interior directs the opening of an investigation into the People's General Hospital
» Trade reveals the details of the food basket and sends an invitation to citizens
» Parliament gives the Minister of Interior 15 days to uncover the causes of the fires
» The Minister of Electricity relieves a number of officials in Basra
» Sudanese directs to reduce official working hours
» Electronic blackmail in Iraq...a crime that begins with the phone and ends with the disintegration o
» Al-Sudani stresses the necessity of developing modern aircraft to confront the possibilities of brea
» Parliament calls on the Minister of Interior to investigate the recent fires
» Sudanese discusses with the Dutch ambassador the activation of the Joint Water Council
» The World Bank predicts Iraq's economic future in 2026
» utube 6/21/24 MM&C 0:01 / 29:03 Iraq Dinar - IQD - Capital Economy - Olympics - 3 Presidenc
» Iraq is without electricity... government silence, timid parliamentary action, and the citizen dies
» The next two days... Parliament will host the advanced staff of the Ministry of Electricity
» Iraq and Saudi Arabia are driving the growth of the project market for the Gulf region
» Trade determines the date of payment of farmers’ dues
» Do new residential cities reduce real estate prices?
» Al-Sudani stresses the necessity of developing modern aircraft to confront the possibilities of brea
» Iraq allocates 5 trillion dinars for the new Air Defense Command operations center
» "The National" about the Iraqi fuel deal with Lebanon: No money or goods in exchange for oil
» The budget is considered “numbers on paper”... revenues for the first 4 months are 15% less than wha
» Parliamentary Integrity: Electricity in Iraq has become a dilemma that cannot be solved
» Government advisor: The tripartite budget gave the government flexibility to implement its medium-te
» Parliamentary Committee: Amending the Investment Law in the next legislative term
» Budget 2025...the upcoming changes, most notably salaries
» Signs of reconciliation or permanent divorce: Muqtada al-Sadr and the coordination framework are at
» Politician: The statements of the new American ambassador are a challenge to the government
» Parliamentarian: Washington is exploiting the spook card as a weapon against Iraq
» Al-Salami: Electricity promises are just words
» Iraq develops "forensic medicine" for "greater justice" for victims of crimes and genocide
» An international organization urges Iraq to adjust working hours to confront the “deadly heat”
» Kurdistan brings good news about water... a “significant” increase in the reservoirs of the Dokan an
» Closing 52 various illegal projects in an Iraqi governorate
» Transporting 150 black oil trucks from the Doura refinery to the ports during Eid
» To increase completion rates...a government plan to expand work in Muthanna
» Overthrowing networks that practice fraud and misleading citizens into appointments in three governo
» Finance: Directly distributing current expenditures, revenues and investment projects for the year 2
» Changes in the digital economy and their impact in Iraq
» Finance begins distributing estimates of the state's current expenditures, revenues, and public inve