FNA - Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said despite the US maximum pressures, the country expects improving conditions for its foreign currency market due to growing crude exports and return of exporters foreign currency. The US has exhausted all its bid and the maximum level of impact that its pressure and psychological ...

Tasnim The Governor of the Central Bank of Iran said the countrys economy has begun to recover after the shock of outbreak of the coronavirus pandemic. The initial report from the Central Bank of Iran on the economic growth in the first quarter of the current Iranian year (March 20- June 20) indicates that the countrys economy is regaining balance ...

MNA The governor of the Central Bank of Iran announced on Tuesday that the country's economy is incrementally stepping out of the recession created due to the Covid-19 pandemic. As Abdolnaser Hemmati said in an interview with a radio program on Tuesday, Iran's economy experienced a recession in the first four months of the current calendar year ...

Financial Tribune - The governor of Central Bank of Iran has backed a government crude oil presale plan of action for domestic buyers, saying that it is one of the few government options to fund the budget deficit in a healthy manner. By healthy budget funding, Abdolnasser Hemmati meant any viable method other than borrowing from the central bank,...

Reuters - Irans Central Bank has injected hundreds of millions of dollars to stabilise the currency market, bank governor Abdolnaser Hemmati said on Saturday, after the Iranian currency fell to historic lows this week. Over the past few days, hundreds of millions of dollars entered the market through (Central Bank-linked) brokers and thwarted many ...

FNA - Governor of the Central Bank of Iran Abdolnasser Hemmati categorically dismissed a recent forecast by the International Monetary Fund (IMF) about Iran's economy. "Even CBI's most negative scenarios cannot confirm the forecast of minus six percent economic growth for Iran," Hemmati said in reaction to IMF's forecast. In its very recent forecast ...

Financial Tribune - Governor of the Central Bank of Iran Abdolnasser Hemmati has again called on lenders to tap into the stock market to improve their books and balance sheets. Hemmati pointed to the growing appeal of the stock market and asked banks to seize the opportunity and correct their balance sheets by shedding their non-financial assets....

MNA Iraqi Prime Minister Mustafa al-Kadhimi said that Baghdad will stand by Tehran during the hard times as Tehran did the same. He made the remarks in a Wednesday meeting with Governor of Central Bank of Iran (CBI) Abdonnaser Hemmati who is in Iraq for talks on financial and banking issues between the two countries. Iraq will cooperate with ...

Tasnim Governor of the Central Bank of Iran (CBI) unveiled plans for using a joint mechanism with Iraq to purchase basic commodities and items excluded from the list of anti-Iranian sanctions. Irans top banker Abdonnaser Hemmati, who is on a visit to Iraq with a ranking economic delegation, held a meeting with his Iraqi counterpart Ali Mohsen Ismail ...

Bloomberg | Golnar Motevalli: The head of Irans central bank, Abdolnaser Hemmati, provided written answers to questions from Bloomberg about the Islamic Republics ongoing dispute with South Korea over billions of dollars in oil revenue that is trapped in banks there and Tehran wants to tackle the coronavirus. Iran recently received $500,000 of medicine ...

Tasnim Governor of the Central Bank of Iran called on South Korean banks to release Irans oil money frozen under US pressure, warning that the Islamic Republic reserves the right to take legal action under international law. It is appalling to see that (South) Korean banks have conveniently neglected their obligations, common international financial ...

MNA Iranian President Hassan Rouhani appreciated the efforts by the Central Bank of Iran for unblocking Irans resources in foreign banks and emphasized on providing the necessary currency for the imports of basic goods. In a phone conversation with Governor of Central Bank of Iran [CBI] Abdolnasser Hemmati on Friday, Rouhani learned of the latest ...

IRNA Central Bank of Iran (CBI) Governor Abdolnasser Hemmati said on Tuesday that the CBI forex reserves are satisfactory and at a very good level. Hemmati made the remarks in an open session of Parliament which reviewed the countrys major economic indicators. The sanctions imposed on Iran over the past two years were smart and unprecedented,...

Radio Farda - The Islamic Republic customs data for the first two months of the new Iranian calendar year (beginning March 20, 2020) shows that the country's non-oil exports fell 49 percent to $ 4.3 billion. In the same period last year, the figure was more than $ 8.4 billion. Meanwhile, the data also show that the country's imports have declined ...

Financial Tribune - The Central Bank of Iran says based on realistic assumptions and scenarios it will set the inflation target at 22% during the current fiscal year that ends in March 2021. The announcement came in the follow-up to an earlier statement by CBI Governor Abdolnasser Hemmati that the bank will use multiple policy instruments to implement ...

Financial Tribune - The process of merging two of five military banks and credit institutions with the state-owned Bank Sepah will be complete early next month, governor of the Central Bank of Iran said. "Bank Hekmat Iranian and Mehr Eqtesad Bank are to hold a board meeting to finalize the merger in the next few days," Abdolnasser Hemmati said an ...

IRNA Iranian President Hassan Rouhani stressed the relevant organizations' efforts to control coronavirus and inflation on separate phone calls with the country's minister of health and the governor of Central Bank of Iran (CBI) on Sunday afternoon. On the phone call with Health Minister Saeed Namaki, President Rouhani asked him to intensify activities ...

Tasnim Governor of the Central Bank of Iran said the countrys export of non-oil products has begun to grow as the coronavirus outbreak is easing. Abdonnaser Hemmati said on Tuesday that the export of Irans non-oil goods is beginning to revive and rise as the outbreak of the coronavirus is tailing off. He also noted that participants in a Tuesday ...

Press TV - Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati says he is sure foreign currency prices will return to normal levels despite growing economic pressure on the country and a pandemic that has deeply affected the markets. Irans rial closed at 175,000 against the US dollar on Monday, according to websites monitoring currency ...

Press TV - The Central Bank of Iran governor Abdolnasser Hemmati says a planned merger of several of the countrys major banks is due to take place soon. Hemmati said on his Instagram page on Thursday that the CBI was finalizing plans for incorporating several banks affiliated with Irans armed forces into second top lender Bank Sepah. The merger ...