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    <title>Iraq Updates - Banking &#38; Finance</title>
    <link>http://www.iraqupdates.com/p_articles.php/scat/12</link>
    <description>The latest news about Banking &#38; Finance in Iraq</description>
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    <managingEditor>support@iraqupdates.com</managingEditor>
    <webMaster>support@iraqupdates.com</webMaster>
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    <item>
      <title>Americans Accused of Taking Millions Intended for Reconstruction in Iraq</title>
      <description>Federal investigators looking into corruption involving reconstruction in Iraq say they have opened more than 50 cases during the past six months by scrutinizing large cash transactions made by some of the Americans involved in the $150billion rebuilding program.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69297/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Tue, 16 Mar 2010 07:53:00 +0000</pubDate>
    </item>
    <item>
      <title>Iraq Corruption Cases Focus on Americans in Rebuilding Projects</title>
      <description>More than 50 corruption cases have been opened in the last six months by U.S. investigators looking into the dealings of Americans involved in the $150 million Iraq reconstruction project.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69296/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Tue, 16 Mar 2010 07:52:00 +0000</pubDate>
    </item>
    <item>
      <title>Iraq Welcomes Chinese Help in Reconstruction</title>
      <description>Iraq is keen to see China play a bigger role in the reconstruction of the war-torn country, the country's top envoy to Beijing has said.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69295/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Tue, 16 Mar 2010 07:51:00 +0000</pubDate>
    </item>
    <item>
      <title>Iraq Ctrl Bank Plans To Rebase Dinar; No Time Fixed Yet</title>
      <description>The Central Bank of Iraq is planning to rebase the Iraqi dinar but hasn't decided yet on the timing of the move, the bank said in a statement Monday.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69290/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Tue, 16 Mar 2010 07:36:00 +0000</pubDate>
    </item>
    <item>
      <title>2007 Final Account of Iraqi Government Released</title>
      <description>The Board of Supreme Audit on Monday said it has released the final account of the Iraqi government for the year 2007 after all amendments had been made to it.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69282/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Tue, 16 Mar 2010 07:19:00 +0000</pubDate>
    </item>
    <item>
      <title>Omitting Zeros Currency Strategic Project – CBI</title>
      <description>Omitting zeros from Iraqi currency is a strategic project that has been implemented by Iraqi currency policy since 2007, Central Bank of Iraq (CBI) said on Monday.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69281/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Tue, 16 Mar 2010 07:19:00 +0000</pubDate>
    </item>
    <item>
      <title>Basra Has the Lowest Unemployment Rate in Iraq – Researcher</title>
      <description>A discussion loop in Basra on Sunday showed that the province has the lowest unemployment rate throughout Iraq.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69178/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Mon, 15 Mar 2010 07:48:00 +0000</pubDate>
    </item>
    <item>
      <title>Germans in Basra for Investments</title>
      <description>Basra Governor Shaltagh Abod discussed on Sunday with the German ambassador to Iraq investment opportunities in the province.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69169/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Mon, 15 Mar 2010 07:40:00 +0000</pubDate>
    </item>
    <item>
      <title>CBI Sells 189m on Sunday</title>
      <description>The Central Bank of Iraq’s (CBI) dollar sales dropped to $189.830 million in its daily auction on Sunday, compared to $251.565 million in the previous session.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69167/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Mon, 15 Mar 2010 07:39:00 +0000</pubDate>
    </item>
    <item>
      <title>Inflation Rate in Iraq Peaked in 2006</title>
      <description>Iraq’s inflation rate reached a peak in 2006, registering 53.2 percent, the Central Organization for Statistics and Information Technology (COSIT) said in a report.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69165/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Mon, 15 Mar 2010 07:37:00 +0000</pubDate>
    </item>
    <item>
      <title>IMF - Iraq to Improve Statistical Database</title>
      <description>As Iraq intends to use the domestic counterpart of IMF resources for budget support, the Central Bank of Iraq (CBI)—which is the fiscal agent—will request the IMF to disburse the resources directly into a government account at the CBI. To provide adequate safeguards to the Fund, the following...</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69202/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Mon, 15 Mar 2010 09:29:00 +0000</pubDate>
    </item>
    <item>
      <title>German Envoy in Basra, Meets Businessmen</title>
      <description>The German ambassador in Iraq has arrived in Basra province and met with a number of local businessmen, the head of the Businessmen Union in the province said on Saturday.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69164/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Mon, 15 Mar 2010 07:35:00 +0000</pubDate>
    </item>
    <item>
      <title>Central Bank of Iraq Concludes Its 10th Financial Week</title>
      <description>Central Bank of Iraq concluded the sessions of its tenth financial week for buying and purchasing foreign currencies and dollar with a raise in its dollar trade operation exceeding 251 million dollars after reaching 182 million dollars and with a stable exchange rate of 1170 dinars for each dollar.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69238/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Mon, 15 Mar 2010 10:41:00 +0000</pubDate>
    </item>
    <item>
      <title>CBI Dollar Sales Rise by 9% This Week</title>
      <description>The Central Bank of Iraq (CBI) dollar sales went up this week by 9%to reach $518.425 million compared to $475.274 million last week.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69163/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Mon, 15 Mar 2010 07:32:00 +0000</pubDate>
    </item>
    <item>
      <title>CBI’s Dollar Sales Surge to 251m</title>
      <description>The Central Bank of Iraq’s (CBI) dollar sales rose significantly to $251.565 million in its daily auction on Thursday, compared to $181 million in the previous session.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69072/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Fri, 12 Mar 2010 06:26:00 +0000</pubDate>
    </item>
    <item>
      <title>Iraq Central Bank Policy Aims to Limit Inflation</title>
      <description>Iraq Central Bank Governor said that the policy of the Bank is based on enticing the funds to Iraqi banks and not the other way round and that in order to limit the financial inflation in Iraq.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69036/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Thu, 11 Mar 2010 09:01:00 +0000</pubDate>
    </item>
    <item>
      <title>Iraq Expects to Step Up T-bill Activity in 2010</title>
      <description>Iraq expects to step up its treasury bill activity in 2010 to help plug continuing budget deficits and foster a secondary treasury market, the Central Bank and Finance Ministry said in a submission to the IMF.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69028/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Thu, 11 Mar 2010 07:23:00 +0000</pubDate>
    </item>
    <item>
      <title>Investment Gap ID36 Trillion in 2010</title>
      <description>The investment gap in Iraq in 2010 is ID 36 trillion, an economist said on Wednesday.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69015/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Thu, 11 Mar 2010 07:04:00 +0000</pubDate>
    </item>
    <item>
      <title>Dollar Sales Jump to $181m on Wednesday</title>
      <description>The Central Bank of Iraq’s (CBI) dollar sales jumped to $181.850 million in its daily auction on Wednesday, compared to $85.010 million in the previous session.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/69012/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Thu, 11 Mar 2010 07:02:00 +0000</pubDate>
    </item>
    <item>
      <title>Claims to Trace the 850 Billion Dinars Dedicated As Social Benefits of the Three Presidential Bodies</title>
      <description>The Accountability and Transparency Department, non-governmental organization, at the center of the mirrors for Studies and Media, held a seminar on promoting standards of financial transparency and the foundations of the budget, at the club staff in the city of Najaf last week.</description>
      <link>http://www.iraqupdates.com/p_articles.php/article/68986/refid/RSS-banking_finance-17-03-2010</link>
      <pubDate>Thu, 11 Mar 2010 06:44:00 +0000</pubDate>
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