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.

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CurrencyCodeSellBuy
US dollarUSD1166.0001164.000
EuroEUR1499.9421499.192
British poundGBP1772.7861771.900
Canadian dollarCAD1146.1711145.598
Swiss francCHF1198.3561197.756
Swedish kronaSEK174.121174.034
Norwegian kroneNOK198.891198.792
Danish kroneDKK201.229201.128
Japanese yenJPY11.40811.402
Special
Drawing Rights		SDR1737.7481736.879
Indicative rates - 16.05.2013
ECONOMIC DATA

Interest rates

CBI policy rate (valid from 1 Apr 2010) 6%
IQD 7 day deposit 4%
Primary credit facility 8%

Economic indicators

Core inflation (YoY): MAR 2013 3.25%
Inflation (YoY): MAR 2013 1.28%
M2 growth (YoY): JAN 2013 8.43%

2012 Forecasts
GDP - real growth rate 10.2%
Budget deficit/GDP 10.0%
Current account surplus/GDP 0.3%
Net foreign reserves  $67B
BANKNOTES & COINS