Top economic council extends CBI authorities to manage foreign currencies market
MNA – The Supreme Council of Economic Coordination Sat. decided to extend the authorities of the Central Bank of Iran (CBI) for…
Tag Archives: foreign currency
Central bank chief says forex market stable despite increasing US pressures
MNA – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati has said that despite the continuation of US ‘Maximum Pressure’…
Central bank of Iran says bank deposits growing
Financial Tribune – Deposits in Iranian banks and credit institutions totaled 20,223 trillion rials ($155 billion) during the eleven-months to Feb 19,…
CBI chief: Iran has ample forex reserves
Tasnim – There are sufficient amounts of foreign currency in Iran, the Central Bank of Iran’s chief said, adding that the CBI…
‘Exporters re-inject 60% of their foreign currency earnings into economy’
Tehran Times – The governor of the Central Bank of Iran (CBI) said so far the country’s exporters have re-injected 60 percent…
Prices of foreign currencies remain unchanged in Iran, according to official rate
Azer News – The prices of foreign currencies remained unchanged according to the official exchange rate of Iran, Trend reports referring to…
Iran’s Rial loses more value against major currencies
Radio Farda – Iran’s battered currency took another significant dive on Sunday against major currencies, breaching the 150,000 rial to the dollar…
CBI to launch new mechanism next week to curb rising prices in foreign currency market
MNA – An official with central bank of Iran (CBI) says that the previously announced one single organized foreign currency market will…
CBI governor: Oil forex revenues to be used for necessity goods import
MNA – Governor of the Central Bank of Iran said Sat. that the foreign currency generated from oil revenues will be allocated…
Iran Central Bank chief says foreign currencies’ prices to decline further
MNA – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said Wed. that the declining trend of the foreign currencies’…
20 foreign currency dealers arrested in Iran
Azer News – Around 20 foreign currency dealers have been arrested in Iran, Tehran prosecutor Abbas Jafari-Dolatabadi said. He said that with…
Iran removes limit on gold, foreign currency imports
MNA – The Central Bank of Iran (CBI) has eased currency rules and ordered the customs to allow merchants to bring foreign…
Iran can fully meet foreign currency needs: Official
Tasnim – A member of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) said domestic demands for foreign currency by…
Erdogan: Turkey set to do trade with Iran using national currencies
IFP – The Turkish president says his country is determined to conduct trade with Iran, Russia and China using national currencies. Recep…
Germany studying request to return €300mn to Iran
Press TV – The German government is reportedly studying a request by Iran to withdraw €300 million from bank accounts held in…
Qatar replacing UAE as hawala trade hub for Iran
Press TV- Iran will use Qatar to facilitate payment orders in foreign currencies, phasing out such operations in Dubai where restrictions imposed…
Banks to decide FX deposits’ interest rates
Financial Tribune- The Central Bank of Iran has focused on encouraging people to entrust their foreign currency banknotes to the banking system…
Iranian tour firms seek revised forex policy
Financial Tribune- The new restrictions on the trade of foreign currencies have caused great concern among outbound touring companies who complain that…
Iran’s central bank sets 10,000 euro limit for citizens’ foreign currency holdings outside banks
Reuters – The Central Bank of Iran has set a 10,000-euro limit for citizens’ foreign currency holdings outside banks, state media reported…
Economists call for floating foreign currency rates
Iran Daily – Iran’s currency continues to hit fresh lows against the US dollar these days. This has raised serious concern among…
Iran Majlis to review foreign currency exchange rates fluctuations
IRNA – The economic commission of Iran Majlis (Parliament) will discuss foreign currency exchange rates instability on Monday session, Majlis speaker Ali…
Gold, currencies up in Tehran market
Financial Tribune- Experiencing rather uneventful days, both the currency and gold markets registered small rallies on Tuesday to nullify (for the time…
Currency gains in Tehran market
Financial Tribune- Most foreign currencies in Tehran’s market gained against the rial on Sunday, as the currency demand for overseas travel increase…