Headquarters | Baghdad, Iraq |
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Established | 16 November 1947 |
Ownership | 100% state ownership[1] |
Governor | Ali Mohsen Al-Alaq |
Central bank of | Iraq |
Currency | Iraqi dinar IQD (ISO 4217) |
Reserves | US$113 billion (2024)[2] |
Reserve requirements | 7.1% (March 2023)[3] |
Bank rate | 3.9% (August 2023) |
Website | cbi.iq |
The Central Bank of Iraq (CBI; Arabic: البنك المركزي العراقي) is a monetary authority established in 1947, shortly after the end of the British occupation of Iraq. The CBI's primary objectives are to ensure domestic price stability and foster a stable competitive market based financial system.