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
EuroEUR1497.6001496.851
British poundGBP1801.0981800.197
Canadian dollarCAD1114.6041114.047
Swiss francCHF1153.8461153.269
Swedish kronaSEK----------
Norwegian kroneNOK188.555188.460
Danish kroneDKK201.166201.065
Japanese yenJPY13.86313.856
Special
Drawing Rights		SDR1772.2221771.336
Indicative rates - 02.09.2010
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): Jun 2010 2.74%
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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