Monetary Policy
Monetary PolicyThe Board of Directors of the Central Bank of Iraq adopted at the meeting held on 26 August new regulations for the requirements of the legal reserve and banking facilities attached. This statement reviews the general features of the new regulations and explains the reasons for their adoption for the purpose of strengthening the monetary policy management of the Central Bank of Iraq and supporting Ministry of Finance new adopted program in the issue of securities. for more details... Clicks Here
Banking FacilitiesBased on the provisions of paragraph (3) of Article (4) of the Central Bank of Iraq Law attached to Order No. (56) Of the year 2004, the Board of Directors of the Central Bank of Iraq adopted new banking facilities for the mentioned banking facilities. for more details... Click Here
Legal ReserveIn accordance with the provisions of paragraph (3) of Article (4) of the Central Bank of Iraq Law No. 56 of the year 2004, the executive regulation was issued .The Central Bank of Iraq decided to reduce the legal reserve ... (required reserve) from 20% to 15%. As of 1st September 2010. for more details... Click Here
