Iraq Interest Rate

The benchmark interest rate in Iraq was last recorded at 6 percent. Interest Rate in Iraq is reported by the Central Bank Of Iraq. Interest Rate in Iraq averaged 8.42 Percent from 2004 until 2014, reaching an all time high of 20 Percent in December of 2007 and a record low of 6 Percent in December of 2004. In Iraq, interest rates decisions are taken by the Central Bank of Iraq. The official interest rate is the Policy Rate. This page provides - Iraq Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.00 6.00 20.00 6.00 6.00 | 2014/06 2004 - 2014 Percent Monthly

TO

Iraq Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Interest Rate 6.00 2014-03-31 6.00 20.00 6.00 6.00 2014-06-30 Percent [+]
Money Supply M0 68259.00 2014-03-31 71061.00 73259.00 6708.00 74967.92 2014-06-30 IQD Billion [+]
Money Supply M1 71165.00 2014-02-28 72857.00 73900.00 6294.00 79487.95 2014-06-30 IQD Billion [+]
Money Supply M2 78220.00 2014-02-28 86474.00 87766.00 7445.00 94563.73 2014-06-30 IQD Billion [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Iraq Consumer Price Index (CPI) at 145.50 Index Points  
Consumer Price Index (CPI) in Iraq decreased to 145.50 Index Points in March of 2014 from 145.70 Index Points in February of 2014. Consumer Price Index (CPI) in Iraq is reported by the Central Statistical Organization Iraq (COSIT).
Iraq Crude Oil Production at 2925.00 Thousands Barrels per Day  
Crude Oil Production in Iraq decreased to 2925 Thousands Barrels per Day in December of 2013 from 2975 Thousands Barrels per Day in November of 2013. Crude Oil Production in Iraq is reported by the U.S. Energy Information Administration.
Iraq Employed Persons at 924397.00  
The number of employed persons in Iraq increased to 924397 in 2001 from 880756 in 2000. Employed Persons in Iraq is reported by the Central Statistical Organization Iraq (COSIT).
Iraq Gross National Product at 191417039.50 IQD Million  
Gross National Product in Iraq increased to 191417039.50 IQD Million in 2011 from 144649845.50 IQD Million in 2010. Gross National Product in Iraq is reported by the Central Statistical Organization Iraq (COSIT).
Iraq Money Supply M0 at 68259.00 IQD Billion  
Money Supply M0 in Iraq decreased to 68259 IQD Billion in March of 2014 from 71061 IQD Billion in February of 2014. Money Supply M0 in Iraq is reported by the Central Bank of Iraq.
Iraq Money Supply M1 at 71165.00 IQD Billion  
Money Supply M1 in Iraq decreased to 71165 IQD Billion in February of 2014 from 72857 IQD Billion in January of 2014. Money Supply M1 in Iraq is reported by the Central Bank Of Iraq.
Iraq Money Supply M2 at 78220.00 IQD Billion  
Money Supply M2 in Iraq decreased to 78220 IQD Billion in February of 2014 from 86474 IQD Billion in January of 2014. Money Supply M2 in Iraq is reported by the Central Bank of Iraq.
Iraq Core Consumer Prices at 145.00 Index Points  
Core Consumer Prices in Iraq increased to 145 Index Points in March of 2014 from 144.80 Index Points in February of 2014. Core Consumer Prices in Iraq is reported by the Central Statistical Organization.
Iraq Core Inflation Rate at 1.40 Percent  
Core Inflation Rate in Iraq increased 1.40 percent in March of 2014 over the same month in the previous year. Core Inflation Rate in Iraq is reported by the Central Statistical Organization.
Iraq Inflation Rate at 2.00 Percent  
The inflation rate in Iraq was recorded at 2 percent in March of 2014. Inflation Rate in Iraq is reported by the Central Bank of Iraq.
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