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 dollarUSD1170.0001168.000
EuroEUR1491.0481490.302
British poundGBP1797.9391797.040
Canadian dollarCAD----------
Swiss francCHF----------
Swedish kronaSEK----------
Norwegian kroneNOK----------
Danish kroneDKK----------
Japanese yenJPY13.89413.887
Special
Drawing Rights		SDR1770.1521769.266
Indicative rates - 08.09.2010
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): Jul 2010 1.72%
M2 growth (YoY): Jun 2010 44.2%

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
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