January 7, 2008 at 5:48 pm (News Updates!!)
D.G. of Foreign Exchange Control
The 1079 daily currency auction was held in the Central Bank of Iraq day Monday 2008/1/7 so the results were as follows :
| Details | Notes | |
| Number of banks | 14 | —– |
| Auction price selling dinar / US $ | 1215 | —– |
| Auction price buying dinar / US $ | 1213 | —– |
| Amount sold at auction price (US $) | 142.970.000 | —– |
| Amount purchased at Auction price (US $) | 4.200.000 | |
| Total offers for buying (US $) | 142.970.000 | —– |
| Total offers for selling (US $) | 4.200.000 | —– |
January 7, 2008 at 5:17 pm (News Updates!!)
An official source in Iraq’s Ministry of Finance has said that the stability of the security conditions in the past few months has had dramatic impact on the economy, saying that 2007 was a solid year for economic developments, with Iraq’s foreign debts down by 80% and unemployment down to 16%
SUMBER: http://www.noozz.com/Iraq/Index.aspx?Id=0&SectionId=0&gclid=CKjRoavWm44CFQ9CEAodg3ktTQ
January 7, 2008 at 5:11 pm (News Updates!!)
AMMAN -(Dow Jones)- Oil and gas developer Japan Petroleum Exploration Co. Ltd. (JAPEX) is helping Iraq carry out seismic surveys a prized oil field in the south, a senior Iraqi oil official said Monday.
JAPEX is providing remote supervision to an Iraqi 3D seismic survey team to survey the Gharraf oil field in Nassiriya province, which has a preliminary estimated reserve of 1.1 billion barrels.
JAPEX has supplied the team with more than $10 million of equipment and has provided up-to-date training to its members in Japan and France, the official said. The Japanese company is providing these equipment and assistant to the Iraqi Oil Ministry free of charge, he said.
The team has already started seismic surveys in the field and is expected to finish work in four to five months, he said. The team will also survey other Iraqi oil fields, he said without naming them.
Gharraf, one of Iraq’s untapped oil fields, is expected to produce up to 150, 000 barrels a day when it is developed, the official said. Iraq currently produces around 2.4 million barrels a day and plans to reach 3 million barrels a day by the end of 2008.
-By Hassan Hafidh, Dow Jones Newswires; + 962 777 612 111; hassan.hafidh@ dowjones.com
January 7, 2008 at 5:01 pm (News Updates!!)
| Baghdad – Voices of Iraq |
Monday , 07 /01 /2008 Time 6:14:23 |
| Baghdad, Jan 7, (VOI) – Demand for the dollar went down in the Iraqi Central Bank’s auction on Monday, the first session this week after the Army Day holiday, registering at $142.970 million compared to $181.280 million on Thursday.
“The demand hit $16.40 million in cash and $126.930 million in money transfers outside the country, all covered by the bank at a stable exchange rate of 1,215 Iraqi dinars per dollar, unchanged for the third session in a row,” according to the central bank’s daily bulletin which was received by the independent news agency Voices of Iraq (VOI). The Iraqi Central Bank runs a daily auction from Sunday to Thursday. |
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