WELCOME TO THE CENTRAL BANK OF IRAQ

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NEWS & ANNOUNCEMENTS

Updates

MANDATE

The primary objectives of the Central Bank of Iraq (CBI) is to ensure domestic price stability and foster a stable competitive market based financial system. The CBI shall also promote sustainable growth, employment and prosperity in Iraq.

Read more - History

CurrencyCodeSellBuy
US dollarUSD1170.0001168.000
EuroEUR1520.0641519.304
British poundGBP1823.4451322.533
Canadian dollarCAD1129.6711129.106
Swiss francCHF1104.5031103.951
Swedish kronaSEK160.274160.194
Norwegian kroneNOK190.461190.365
Danish kroneDKK203.982203.880
Japanese yenJPY13.34113.334
Special
Drawing Rights		SDR1772.3631771.477
Indicative rates - 29.07.2010
ECONOMIC DATA

Interest rates

CBI policy rate (valid from 4 Apr 2010) 6%
IQD 7 day deposit 4%
Primary credit facility 8%

Economic indicators

Core inflation (YoY): May 2010 3%
M2 growth (YoY): Apr 2010 39.5%

For 2009:
GDP - real growth rate 4.2%
Budget deficit/GDP 22.6%
Current account deficit/GDP 19.4%
Foreign reserves  $44.4B
BANKNOTES & COINS