The CBI

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. The functions of the CBI in addition to achieving its primary objectives are:

  • Implement the monetary policy and the exchange rate policy of Iraq.
  • Hold gold and manage the state reserves of gold.
  • Issue and manage the Iraqi currency.
  • Establish, oversee, promote a sound and efficient payment system.
  • Issue licenses or permits in addition to regulating and supervising the banking sector as specified by the Banking Law.
  • Carry out any ancillary tasks or transactions within the framework of Iraqi law.

Organizational Structure

Members of the Board of Directors

 

Governor Agency (Dr.Abdul Basit Turki Saeed )

 

 Governor Agency : Dr. Abdul Basit Turki Saeed                                                                                                                                  

                                                               

 

Deputy Governor (Mr. Zuhair Ali Akbar)

 

 Deputy Governor :Mr. Zuhair Ali Akbar                                                                                                                                                     

                                                    

Holidays in (2014)in addition to Friday and Saturday

Jan. 1 New Year's Day

6 Army Day /1921

*15 Prophet's Birthday
Mar. 21 Spring Day
May 1 Labour Day
July 14 14th Revolution /1958

*29 Id Al-Fitr (3Days)
Oct. *4 Id Al-Adha (4Days)

*24 Islamic New Year
Nov *2 Ashoura Day

Dates noted with asterisk (*) are approximate