Forex, gold back to old ways
Financial Tribune – After a brief hiatus major currencies resumed rallies going back to their bad old ways in Tehran on Wednesday…
Tag Archives: Central Bank of Iran (CBI)
Forex rates rise unabated in Tehran market
Financial Tribune – Currency rates are rising unabated in Tehran with exchange bureaus affiliated to, and working for, the Central Bank of…
Central Bank of Iran again raises interbank deposit rate
Financial Tribune – In bid to further narrow the rate spread in the interest rate corridor (IRC) the Central Bank of Iran…
Iran’s central bank injects cash to lift rial, governor says
Reuters – Iran’s Central Bank has injected hundreds of millions of dollars to stabilise the currency market, bank governor Abdolnaser Hemmati said…
Rial settles 5.6% up
Financial Tribune – Iran’s national currency pared more of earlier losses on Thursday, gaining 5.6% against the dollar in two days after…
CBI chief dismisses IMF’s forecast of Iran’s economy
FNA – Governor of the Central Bank of Iran Abdolnasser Hemmati categorically dismissed a recent forecast by the International Monetary Fund (IMF)…
Dollar dips 4% in Tehran
Financial Tribune – The US dollar paused on Wednesday following two weeks of strong rallies after Central Bank of Iran reportedly stepped…
CBI warns exporters of name-and-shame path
Financial Tribune – The Central Bank of Iran issued an ultimatum on Sunday to non-oil exporters to expedite repatriation of their overseas…
Foreign assets of Iranian banks increase by 27% in one year
IRNA – The volume of foreign assets of Iran’s banking system rose by 27.4% last year compared to figures from a year…
Central Bank of Iran revisits supply of money
Financial Tribune – The Central Bank of Iran said in a report that broad money supply reached 24,721.5 trillion rials ($137 billion)…
Central Bank of Iran cuts interest rates to stem inflation
IRNA – Iran’s Central Bank said on Monday that cutting interest rates aims to channel liquidity to the manufacturing sector and stem…
Rouhani urges CBI chief to take necessary actions to push S Korea release assets
MNA – Iranian President Hassan Rouhani has called on Governor of the Central Bank of Iran Abdolnaser Hemmati to push South Korea…
$2 Billion aid package to bolster automotive industry
Financial Tribune – The financial help is to be provided by the Central Bank of Iran, the state-backed Iranian Mines and Mining…
Changes in Iran’s CB forex market policy
Financial Tribune – Governor of the Central Bank of Iran says the bank has put an end to the unreasonable practice of…
Unblocking Iran’s resources in foreign banks must be seriously pursued: Rouhani
MNA – Iranian President Hassan Rouhani appreciated the efforts by the Central Bank of Iran for unblocking Iran’s resources in foreign banks…
Central Bank of Iran: First bond auction June 2
Financial Tribune – The Central Bank of Iran will hold its first auction of government bonds on Tuesday. It has asked banks…
Central Bank of Iran sets 22% inflation target
Financial Tribune – The Central Bank of Iran says based on “realistic assumptions and scenarios” it will set the inflation target at…
Iran’s CB solicits help from moneychangers to restore calm to currency market
Financial Tribune – Fluctuations in forex market in recent months have compelled the Central Bank of Iran to seek help from authorized…
Forex shoots higher in Tehran market
Financial Tribune – The US dollar surged above the critical 170,000-rial level on Sunday at the moneychangers affiliated with the Central Bank…
Iran’s CB Data: Interbank rate declines to 18.9%
Financial Tribune – Interest rates for interbank lending dropped 3.9% in the last fiscal year (March 2019-20) compared to the year before,…
Central Bank of Iran updates list of corona-hit businesses
Financial Tribune – The Central Bank of Iran has updated and communicated the list of businesses directly hurt by the coronavirus outbreak…
Iran’s biggest banking merger to take place soon: Chief banker
Press TV – The Central Bank of Iran governor Abdolnasser Hemmati says a planned merger of several of the country’s major banks…
Central Bank of Iran: Slight decline in producer inflation
Financial Tribune – The monthly producer inflation decreased from 1.6% in the month ending March 19 to -0.8% in the month ending…
President lauds Iran Central Bank’s efforts to meet basic demands
Tasnim – Iranian President Hassan Rouhani praised the Central Bank of Iran (CBI) for its efforts to cope with the domestic demands…
Most importers meet forex obligations
Financial Tribune – Unfulfilled commitments by importers of essential goods have decreased substantially thanks to measures by the Central Bank of Iran…
Tehran home sales decline
Financial Tribune – A total of 1,243 homes were sold in Tehran during the first month of the current fiscal year (March…
Iran provides cash handouts to nearly 17 million households
Press TV – Iranian government has provided 17 million families in the country with cash handouts as part of measures to ease…
Iran resorts to new financial tools to shore-up economy
Bourse and Bazaar | Navid Kalhor; The COVID-19 crisis has forced Iran’s government to turn to little-used financial tools to help stabilize…
Tehran stock market can help banks cede excess assets
Financial Tribune – The governor of the Central Bank of Iran on Monday urged lenders to tap into the stock market to…
Iran appointed vice chair of IMF’s G-24
Financial Tribune – The CBI vice governor for economic affairs, Peyman Ghorbani, has been appointed first vice chair of International Monetary Fund’s…
Iran’s CB hopes to tame inflation to 22%
Financial Tribune – Governor of Central Bank of Iran is hopeful that the inflation rate could be brought down to around 22%…
Iran’s CB reviews inflationary trend over three decades
Financial Tribune – The increase in consumer prices hit a 24-year high of 41.2% in the last fiscal year that ended on…
CBI governor announces banking plans to help people in combat against coronavirus
FNA – Governor of the Central Bank of Iran Abdolnasser Hemmati said the banking system has developed supportive plans to control the…
US attempt to block Iranian funds in Europe nullified: Iran
Press TV – Governor of the Central Bank of Iran (CBI), also known as Bank Markazi, says the country has won a…
With corona around Iran’s CB eases rules for rubber checks
Financial Tribune – The Central Bank of Iran said Monday it was exempting for three months checkbook holders with bounced checks from…
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…
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…