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

Names of CBI Board 

 

Governor Agency

 

                                         Governor Agency : Dr. Abdul Basit Turki Saeed                               

Biography of Governor of the Central Bank of Iraq and the agency (Dr. Abdul Basit Turki Saeed)

 

Deputy Governor

 

Deputy Governor :Mr. Zuhair Ali Akbar


                                                           

 

Holidays in 2013 (in addition to Friday and Saturday)

Date Holiday
Jan. 1 New Year's Day
         6 Army Day / 1921
       *27 Prophet's Birthday
Mar. 21 Spring Day
May  1 Labour Day
July 14 14 the July Revolution / 1958
Aug.*9 Ed Al-Fitr (3 Days)
Oct.*15 Ed Al-Adha (4 Days)
Nov. *5 Islamic New Year
        *14 Ashoura Day
Dates noted with asterisk (*) are approximate