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
EuroEUR1500.1761499.426
British poundGBP1766.7231765.840
Canadian dollarCAD1134.5721134.005
Swiss francCHF1202.9301202.328
Swedish kronaSEK175.499175.412
Norwegian kroneNOK199.849199.749
Danish kroneDKK201.291201.191
Japanese yenJPY11.37611.370
Special
Drawing Rights		SDR1737.5731736.704
Indicative rates - 22.05.2013
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