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Experts Underscore Central Bank Independence

Finance Desk
CBI Governor Valiollah Seif also addressed the event and began by outlining monetary policy achievements, including lower inflation, reduced interest rates and forex stability
CBI Governor Valiollah Seif addressing the 7th Iranian Monetary Policies Conference on Feb. 26 in Tehran. (Photo: Amir Pourmand)CBI Governor Valiollah Seif addressing the 7th Iranian Monetary Policies Conference on Feb. 26 in Tehran. (Photo: Amir Pourmand)

Iran's economy is bedeviled by a series of major issues arising from decades of mismanagement that has made the banking system bear the brunt as the country's predominant financer, although efforts in the last few years have been made to balance things out.
On Monday, a host of high-level officials, executives, private sector figures and experts convened in the Seventh Iranian Monetary Policies Conference to discuss the need to modernize the banking regulator, the Central Bank of Iran, and bestowing it with its long overdue independence from the government. The event was organized by Donya-e-Eqtesad Media Group, to which Financial Tribune is affiliated, at Tehran's Espinas Palace Hotel.

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