Central Bank of Iran (CBI) News
Get the latest news and comment about the Central Bank of Iran, including up-to-date statistics, interest rates, inflation rate, GDP growth, foreign exchange rates, monetary policies, events, banking supervision, electronic services.
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June 11,2023One of the old, chronic challenges of the central bank is the special structure of the foreign exchange market in Iran. The forex market in most economic systems, in its conventional state,... -
June 11,2023Changes to the bank commission mechanism announced by the Central Bank of Iran last month were scheduled to come into effect today (Sunday). But sources say that that the implementation phase has...
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June 09,2023Every once in a while, talks about a motion or a bill to increase the Central Bank of Iran’s authority circulate in the media. This means that the ruling establishment is aware of the need for a...
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June 05,2023Mohammad Reza Farzin, the governor of the Central Bank of Iran, said the government has access to $6.7 billion from its resources with the International Monetary Fund. In a meeting with IMF...
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May 28,2023The Central Bank of Iran said it allocated close to $2.5 billion for importing of wheat, corn, barley, soybean meal, oilseeds, oil, rice, fertilizers, and other essential commodities since the...
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May 26,2023The Central Bank of Iran has developed a special messaging system for banking communication among member states of the Asian Clearing Union, the CBI deputy for international affairs, Mohsen Karimi...
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May 26,2023Key elements contributing to funding in the Iranian market in the calendar month of April 20 were an increase in capital with a share of approximately 84% and bonds taking up the rest, the Central...
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May 24,2023Central bank chiefs of Iran and Russia met Tuesday in Tehran and exchanged views on building banking and financial cooperation and expanding the use of national currencies in bilateral and possibly...
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May 23,2023The deputy governor of the Central Bank of Belarus made a formal request on behalf of his country to join the Asian Clearing Union (ACU). The request was submitted to Mohammad Reza Farzin, the...
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May 21,2023Banks paid some 1,812 trillion rials ($3.48 billion) in loans in the month to April 22 -- up 12.7% on the year before. The Central Bank of Iran said on its website that individual borrowers...
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May 21,2023A bill to enhance the power and influence of the Central Bank if Iran in better managing the foreign exchange market has been sent to the Majlis (parliament) by President Ebrahim Raisi. The...
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May 17,2023Mohammad Reza Farzin, the governor of the Central Bank of Iran, announced the formation of a special committee at the CBI to look into delays in the repatriation of foreign exchange revenue by...
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May 12,2023Mohammad Reza Farzin, the Governor of the Central Bank of Iran, said the CBI has started buying and selling currencies directly, to help accelerate the process of currency allocation. In a...
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May 12,2023The Central Bank of Iran reiterated its policy to reduce reliance on the US dollar in the domestic economy and trade with the outside world. In a meeting in Tehran with Qais bin Mohammed Al Yousef...
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May 05,2023The Central Bank of Iran and the judiciary are preparing a financial conviction record system to prevent the abuse of payment tools. Mehran Mahramian, the CBI deputy governor for innovative...
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May 01,2023The central bank has stopped allocating forex to importers who buy currency from the free market before applying for foreign currency at cheaper prices. In a letter to his deputy for forex affairs...
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April 23,2023Over the years private banks are struggling with disparities in the banking system and have resorted to a variety of means to procure funds, Isaac Saeedian, an economist said. When banks use...
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April 19,2023Banks and credit institutions are barred from paying the rial equivalent of deposits in foreign currency, a Central Bank of Iran official said. "Withdrawals from forex accounts in rial is a...
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April 03,2023The Central Bank of Iran said moneychangers and banks can henceforth sell currency only up to €2,000 to each Iranian in one year, lowering the cap from €5,000. Last month the CBI said selected...
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April 02,2023Iran experienced an average annual inflation rate of 46.5% in the last fiscal year that ended on March 20, 2023, according to the Central Bank of Iran. CBI says the Consumer Price Index stood at...
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April 02,2023Iran’s foreign debt was $6.50 billion by the end of the tenth calendar month to January 22, the Central Bank of Iran said -- almost 25.1% lower on the last fiscal year that ended on March 20. ...
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February 19,2023With forex rates at historic highs, the Central Bank of Iran says it has new plans for “managing currency rates”. "The CBI has new plans in accord with the forex market's current conditions. What...
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January 31,2023
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January 29,2023The central banks of Iran and Russia Sunday signed a deal to connect their national interbank communication and transfer systems to help boost trade and ease two-way bank transactions.
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January 24,2023The governor of the Central Bank of Iran, Mohammad Reza Farzin, said the bank has gained access to a big part of its blocked assets in some foreign countries and is using it to control currency...
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