Samson: Appearing today on CBI – on forum two days ago
Press Release
21st July 2019
Some social media outlets broadcast a video clip showing some categories of the Iraqi currency in boxes marked with the name of the Central Bank of Iraq, which provoked a crackdown on smuggling of the Iraqi currency. While the bank denies any smuggling operation, it would like to state the following :
1 . The funds offered do not belong to the Central Bank, and differ from the special funds in the Iraqi currency, in terms of shape, color, material and size
2 . The Central Bank followed up with the security authorities, the Ministry of Foreign Affairs and embassies of the countries mentioned in the video clip. Note that there are previous cases proved by the search, by the security services, not completely correct
3 . So far, these papers have not been found and have not been publicly displayed in any country, and the current investigations have proved to be only pictures and films
4 . That the central bank prints its currency in the role of printing the world, and monitors production starting from the paper to the final version, according to tables and serial numbers Check every stage until it is received in Iraq
5 . We warn of the confusion that is taking place with the aim of undermining the country and its successful institutions including the Central Bank. The sooner one of these institutions succeeds domestically and internationally, the more they come under such slander.
The attack comes in line with the announcement of the bank’s growth of reserves and control of the exchange rate, in order to reduce this success. Finally, the central bank calls on all media to be careful in dealing with the news, because inaccurate news has negative effects on the stability of the banking and financial system in Iraq .
Central Bank of Iraq
Baghdad 19 July 2019
Samson: Appearing again today
BSE signs agreement with NASDAQ USA
21st July, 2019
NASDAQ and the Iraq Stock Exchange (BSE) have signed a new agreement to expand technology cooperation for the next five years, beginning in October 2019. NASDAQ continues to license and support the maintenance of systems and upgrades of trading technology and deposit securities for the next five years
“The use of NASDEC technology is a positive sign for local and international investors and regulators, and Iraq will strengthen its efforts to become an important financial center for securities trading,” said Taha Ahmed Abdul Salam, executive director of the stock market
“With the next development and the use of the latest NASDAQ technology, the Iraq Stock Exchange will join the stock market community in the Middle East in deploying high quality multi-asset trading technology in line with international standards,” said Michel Carlson, Managing Director, NASDAQ Middle East. , And we look forward to supporting the Iraqi stock market x as it continues to develop and innovate
“NASDEC provides transparency and insight into the current global capital markets, as the world’s first stock exchange, and operates more than 100 securities markets in 50 countries, and one in every 10 securities transactions in the world , NASDAQ is home to nearly 4,000 total listings with market value of about $ 15 trillion
The functions of the Iraqi market for securities lead the task of regulation and control and launch continuous trading on the shares of listed companies, in addition to monitoring both the trading and solvency activities of brokerage companies and disclosure of joint stock companies LINK
