Iran registers STFI mechanism commensurate with INSTEX
Tasnim – A mechanism similar to the European Union’s mechanism for trade with Iran (the Instrument in Support of Trade Exchanges or…
Tag Archives: Central Bank of Iran (CBI)
Iranian mechanism proportionate to INSTEX to be registered soon
IRNA – Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati announced late on Friday that the mechanism proportionate to the channel…
Top banker announces evolution of Iran’s foreign trade policy
Tasnim – Governor of the Central Bank of Iran highlighted a major change in the country’s export items and destinations, saying Iran…
Shaparak transactions surge, again
Financial Tribune – In the calendar month Bahman (Jan.21-Feb.19) close to 1,972 million transactions worth 2,385 trillion ($15.4 billion) were processed via…
CBI, British delegation focus on INSTEX
IRNA – The British Embassy in Tehran on Tuesday announced the meeting of a delegation headed by British Ambassador Rob Macaire with…
Iran’s military steps back from economy with six-way bank merger
Bloomberg | Ladane Nasseri and Golnar Motevalli: Iran is combining six local banks as President Hassan Rouhani looks to curb the military’s role…
Central Bank of Iran: $38b allocated for imports
Financial Tribune – The governor of Central Bank of Iran says the CBI has so far allocated $38 billion in foreign currency…
CBI to launch new mechanism next month to keep control over forex market
MNA – The governor of the Central Bank of Iran (CBI) has announced the launch of an organized market to keep the…
5 Armed Forces-linked banks to merge
Financial Tribune – The Central Bank of Iran said Saturday that plans for merging five banks and credit institutions affiliated to armed…
Iran’s Central Bank bans POS devices overseas
Financial Tribune – As part of efforts by the Central Bank of Iran to crack down on capital flight which the banks…
Envoy: Japan to maintain economic ties with Iran
Tasnim – Japan’s ambassador to Tehran expressed his country’s resolve to proceed with economic cooperation with Iran. In a meeting with governor…
Central bank chief: Nothing but ‘psychological atmosphere’ can affect currency market
MNA – Governor of the Central Bank of Iran (CBI) said Tue. that except for a ‘psychological atmosphere’, nothing can negatively affect…
Iran parliament approves $400m capital boost for home lender
Financial Tribune – Lawmakers ratified another section of next year’s (March 2019-20) budget bill that allows Bank Maskan – the main housing…
Banks lend $42 billion in 10 months
Financial Tribune – In the first ten months of the current fiscal to January 20, lenders granted 5,380 trillion rials ($ 42…
Iran’s central bank under pressure to print money, weaken rial
Al-Monitor | Maziar Motamedi: A disagreement between the Central Bank of Iran and factions of the government, backed by lawmakers, over profits…
Iran’s CB announces new incentives for currency repatriation
Financial Tribune – In a bid to encourage companies to return their export earnings to the country, the Central Bank of Iran…
Iran’s foreign debt drops to $10.03 billion
Financial Tribune – According to central bank data, Iran’s foreign debt was $10.03 billion by the end of first nine months of…
CBI governor defends joining FATF, warns of consequences otherwise
MNA – Governor of the Central Bank of Iran, Abdolnaser Hemmati, said Wednesday that joining the Financial Action Task Force (FATF) would…
Iran’s liquidity climbs to $150 billion
Financial Tribune – A monthly report by the Central Bank of Iran released on Sunday, showed liquidity reached 17,645 trillion rials ($150.8 billion) in…
CBI chief in Iraq for trade talks
February 7, The Iran Project – Governor of Iran’s central bank Abdolnaser Hemmati arrived in the Iraqi capital on a two-day visit…
Central Bank of Iran says will pay tax only on realized profit
Financial Tribune – In the wake of a single urgency bill approved this week by the Majlis to tax the income of…
Iran Blockchain Community receptive to Central Bank crypto stance
Financial Tribune | Mohammad Affianian: The Central Bank of Iran unveiled its draft policy on cryptocurrencies and invited experts and industry players…
Top Iranian council approves boost in central bank’s supervision over credit institutes
MNA – The Supreme Council of Economic Coordination convened on Sunday in a session chaired by President Hassan Rouhani, with heads of…
Central Bank of Iran announces 4 new developments in E-banking
Financial Tribune – The Eight Conference on Electronic Banking and Payment Systems opened at Tehran’s iconic Milad Tower on Tuesday. The two-day…
Senior banker welcomes Central Bank of Iran’s interest payment rule
Financial Tribune – A decision by the Money and Credit Council – a policymaking body – to scrap overnight interest payments has…
Lingering recession in Tehran housing market
Financial Tribune – The number of home deals in the capital saw a decline of 64.6%, while home prices rose 90.8% year-on-year…
Iran’s Central Bank to launch integrated currency market
Tasnim – The Central Bank of Iran is going to launch a unified currency market that would handle the flow of money…
OMO a crucial need for Iran’s banking industry
Financial Tribune – The Majlis Research Center has a positive opinion about the government decision to launch the Open Market Operation enshrined…
Central Bank of Iran closing loopholes in currency allocation
Financial Tribune – The Central Bank of Iran is going to launch a mechanism for tracking forex allocated to the import of…
Iran: Regulated forex market structure announced
Financial Tribune – In a meeting attended by officials from the Central Bank of Iran and an association comprising players in upcoming…
Top banker upbeat on durable stability in Iran’s currency market
Tasnim – The Central Bank of Iran would maintain control over the country’s currency market despite the hostile attempts by the US…
Iranian fintech firms carve their place in fast-changing landscape
Al-Monitor | Maziar Motamedi: Against the backdrop of an ailing yet dominant banking system that is struggling to upgrade its operations, Iranian…
Iran’s CB to tap blockchain technology
Financial Tribune – Blockchain technology is set to decentralize mechanisms governing the world’s financial systems and the Central Bank of Iran has…
Minister: Experts working on cutting 4 zeros off Iran’s rial
IRNA – Minister of economic affairs and finance Farhad Dejpasand said on Tuesday that experts are currently working on a proposed mechanism…
A Look at Iranian Newspaper Front Pages on January 7
Iran Front Page – IFP has taken a look at the front pages of Iranian newspapers on Monday, January 7, and picked…
CBI surveys changes in Iran export price index (Nov 2018)
Financial Tribune – The average price of each ton of exported commodities during the eight months to Nov. 21 stood at $418,…
CBI seeks to slice four zeros off currency: Hemmati
MNA – The Central Bank of Iran (CBI) is looking to take four zeros off the national currency in a bid to…
Top banker: Banking reforms on CBI agenda
IRNA – Governor of the Central Bank of Iran Abdolnasser Hemati says banking reforms is on the CBI agenda. ‘Necessary programs have…
Iran Gov’t allowed debt securitization in budget bill
Financial Tribune – In next year’s proposed budget the government is allowed to securitize up to 200 trillion rials ($2 billion) of…
Iran’s Central Bank urges exporters to return currency earnings
Financial Tribune – In its latest directive, the Central Bank of Iran, on Tuesday urged exporters to return their export earnings to…