Iran plans massive liquidity injection to fix economic woes
Press TV – The Central Bank of Iran (CBI) says it is ready for massive liquidity injections into the banking system as…
Tag Archives: Central Bank of Iran (CBI)
Efforts for unfreezing Iran’s assets, getting loan from IMF on positive track: CBI
Tasnim – Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati said the CBI is making all-out efforts to provide funds…
Iran offering $5bn in cheap loans to buffer businesses from pandemic
Press TV – The Central Bank of Iran (CBI) has approved emergency funding worth nearly $5 billion to offer cheap loans to…
Top banker: Iran may get part of frozen assets
Tasnim – A portion of Iran’s frozen financial assets will likely be freed for the purchase of medicine and basic commodities, the…
Iran’s chief banker says economy emerged from harshest year on record
Press TV – The governor of the Central Bank of Iran (CBI) says robust and sound monetary policies adopted by the bank…
Exporters sold €16b on secondary forex market
Financial Tribune – Exporters of non-oil goods sold €16 billion ($17.8 billion) in their overseas revenues on the secondary foreign exchange market,…
Iran’s CB lists businesses directly affected by COVID-19
Financial Tribune – The Central Bank of Iran has released a list of businesses that have been directly affected by the outbreak…
Central Bank of Iran: Q3 growth at 1.2%
Financial Tribune – Iran’s gross domestic product in the third quarter of the current Iranian year (March 21-Dec. 21, 2019) stood at…
CBI to decide feasibility of Swiss payment channel
Financial Tribune – The Central Bank of Iran will decide about using the payment channel devised by the Swiss government for sending…
Bank transactions face closer scrutiny
Financial Tribune – Central Bank of Iran has required individual customers to provide documents showing the reason for transactions above 2 billion…
Iran: Currency, gold descend after big leaps
Financial Tribune – Foreign exchange rates and gold coin prices fell on Saturday following Central Bank of Iran measures to moderate rates…
Currency rates climb in Tehran for 3rd straight day
Financial Tribune – The rial extended a losing streak against major currencies for the third day on Wednesday, pushing the Central Bank…
Tehran housing upturn endures
Financial Tribune – The CBI report shows a total of 13,264 homes were sold in Tehran during the 11th Iranian month (Jan.…
Banks debt to CBI down 25%
Financial Tribune – Debts of banks and credit institutions to the Central Bank of Iran declined 25.6% year-on-year to Dec. 21. Arrears…
Iran’s CB says not discomfited by forex volatility
Financial Tribune – The sharp increase in currency rates will not change the Central Bank of Iran’s approach toward the market, the…
Currency, gold rally to new highs in Tehran
Financial Tribune – Currency rates jumped against the rial on Saturday in Tehran market amid rising demand and apparently a shortage in…
Parl. commission approves slicing off 4 zeros from national currency
MNA – The Parliament Economic Commission has ratified elimination of four zeros from Iranian national currency, Rial. Being approved in a future…
Currency at new low; Iran’s CB says will defend Rial
Financial Tribune – Major currencies soared in Tehran on Tuesday amid new concerns among market participants about a decision by the Financial…
Top banker: FATF unlikely to blacklist Iran, but non-issue if it does
MNA – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Tuesday that the Financial Action Task Force (FATF)…
Money supply skyrocketing
Financial Tribune – Liquidity in Iran crossed 22,623 trillion rials ($165 billion, calculated as per 137,000 rials to a dollar) at the…
Central Bank of Iran: Proof of purpose a must for big transactions
Financial Tribune – Bank clients in Iran henceforth are obliged to provide authentic and verifiable documents regarding the purpose of large transactions,…
Bank loans post 30% growth
Financial Tribune – Banks and credit institutions paid 6,262.7 trillion rials ($47 billion) in loans during the first nine months (March 20-Dec…
Dollar, Euro higher amid CBI effort to stabilize rates
Financial Tribune – Exchange shops in Tehran on Saturday sold the US dollar at 133,500 rials, which was up 2.7%, or 3,500…
Veteran bankers defy Iran’s new banking bill
Financial Tribune – The Majlis ratified the outlines of banking rules under the “Comprehensive Islamic Banking Bill” in December. It includes three…
Commercial banks owe $15.5 bn to Iran’s central bank: Report
Press TV – Iranian commercial banks and financial institutions owe the central bank of the country a total of $15.5 billion, according…
Central Bank of Iran commences open market operation
Financial Tribune – The first transactions were reported under the newly unveiled Open Market Operation on Saturday when 10,000 treasury bills were…
Iran’s CB sets deadline for export revenues repatriation
Financial Tribune – Companies exporting non-oil goods that fail to meet their financial commitments regarding repatriation of their overseas earnings in the…
Iran’s CB: Open market operation set in motion
Financial Tribune – T he Central Bank of Iran officially started open market operations as part of its monetary policy to curb…
CBI says will calm currency market
Financial Tribune – Currency rates again pushed upwards on Tuesday, amid heightened political tensions in the region, but the Central Bank of…
Central Bank of Iran’s report for 8 months: Housing loans hit $3 billion
Financial Tribune – Iranian banks and financial institutions gave out a total of 6,288,511 loans, of which 11.5% were granted to the…
Iran: Bank deposits rise 30% in 1 year
Financial Tribune – Deposits with Iranian banks and credit institutions have been rising over the past year to reach 23,493.9 trillion rials…
Bankers prefer CBI fix banking reforms
Financial Tribune – Bankers prefer the Central Bank of Iran take charge of a long-awaited plan for reforming the outdated banking sector.…
Exporters decry Iran’s CB inaction over forex repatriation rules
Financial Tribune – Central Bank of Iran’s conditions on non-oil exporters to repatriate their currency earnings has been criticized yet again by…
Banking bill ratified amid Iran’s CB concerns
Financial Tribune – Majlis ratified the outlines of banking rules under the “Comprehensive Islamic Banking Bill” umbrella on Tuesday. The package of…
CBI to finance Siraf refining project
SHANA — Iranian Minister of Petroleum Bijan Zangeneh said that the central bank of Iran (CBI) was to bankroll Siraf refining project…
Economic growth positive in H1: CBI gov.
MNA – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced on Monday that Iran could manage to register…
Iran’s CB backs non-oil foreign trade
Financial Tribune – The Central Bank of Iran will continue to promote non-oil trade with foreign countries, the bank’s deputy governor for…
Central Bank of Iran Governor says Forex rates to keep going down
IRNA – Governor of Central Bank of Iran Abdolnasser Hemmati said on Sunday that stability and balance of supply and demand are…
Central Bank of Iran steps in to support rial
Financial Tribune – The rial regained some lost territory against the US dollar on Wednesday after the Central Bank of Iran intervened…
Iran’s CB enhances anti-money laundering rules
Financial Tribune – In line with provisions of anti-money laundering guidelines, the Central Bank of Iran has further tightened rules for daily…