Iraqi Dinar News - 2008 Dinar News

2008 Dinar News

Austria's OMV plans Iraqi Kurdistan oil blocks work

May 28, 2008 Austrian oil and gas group OMV AG said on Tuesday it planned to drill two wells next year in its northern Iraq exploration blocks.
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Iraq: Food and energy costs lift inflation rate

May 28, 2008 Higher food and energy costs lifted Iraq's inflation rate to 16 percent in April, still well below the rate recorded in 2007.
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Iraq heads toward reconstruction states Iraqi VP

May 28, 2008

Iraq's Sunni Vice President Tareq al-Hashemi on Wednesday said that the country is heading toward a reconstruction campaign and a stage of new investments.

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Iraq replaces southern oil chiefs in major shake-up Agencies

May 27, 2008 Basra, Iraq: The Iraqi government has replaced key officials in state-owned oil companies in southern Iraq, in a move aimed at tightening its grip on an industry that fuels the economy.
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BP, Exxon submit Iraq deal plans

May 27, 2008 After several months of negotiations and pressure from the Iraqi government, BP PLC and Exxon Mobil Corp. have finally submitted proposals to the Iraqi oil ministry on technical services contracts to boost production at Iraq's prized oil fields, sources close to the Iraqi ministry said Tuesday.
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Central bank governor: Iraqi Dinar rose against the dollar by 20% in 16 months

May 27, 2008 The Iraqi dinar went up against the U.S. dollar by 20 percent in the past 16 months, said the governor of the Central Bank of Iraq (CBI), attributing the rise to the bank's policy.
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Significant jump for dollar demand at daily dinar auction

May 27, 2008

Demand for the dollar was significantly up in the Iraqi Central Bank's auction on Tuesday, reaching $119.630 million compared to $67.120 million on Monday.

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Stockholm Conference reviews progress in Iraq

May 26, 2008 The Iraqi Government announced the implementation of all commitments in close partnership with the international community "and the International Covenant document," calling upon the States signatories to this Agreement Implementation Strategy obligations.
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Slight increase in the demand for the dollar on Monday

May 26, 2008 Demand for the dollar was slightly up in the Iraqi Central Bank's auction on Monday, reaching $67.120 million compared to $40.630 million on Sunday.
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Iraq's VP urges Japanese firms to invest in Iraq

May 26, 2008 Iraq's Vice President Tareq al-Hashemi on Monday called on Japanese companies to invest in the country during his reception of the general director for Middle Eastern and African Affairs Department in the Japanese Ministry of Foreign Affairs in his Baghdad-based office.
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Iraq and the United Nations: the Stockholm conference would support Baghdad politically and economic

May 26, 2008

Iraq and the United Nations, the Conference of Stockholm, will be a new opportunity for the world to reaffirm their commitments to the stability of the country politically and economically, stressing that the meeting will assess the partnership between Iraq and the international community as the "International Covenant."

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