Central Bank of Iran (CBI) News

Forex reserves are in a relatively better shape and supply to the secondary currency market, known as Nima, has improved considerably, the governor of the Central Bank of Iran said. “We expect…

Debts of banks and credit institutions to the Central Bank of Iran declined 2.88% in the month to September 22.  According to the latest figures, the debts amounted to 1,660.2 trillion…

The Central Bank of Iran will issue foreign currency bonds starting Saturday as a part of its plan to stabilize the chaotic forex market.  Forex will be offered at the state-owned Bank…

Governor of the Central Bank of Iran, Ali Salehabadi, says the bank has enough resources and tools to stabilize currency and gold prices that have rocketed to unprecedented high in the past…

The Central Bank of Iran on Monday revealed a draft of its central bank digital currency (CBDC) project whitepaper, known as the crypto-rial and called for recommendations before moving forward…

The Central Bank of Iran is planning to increase “Productive Credit Certificates”, known by its Persian acronym Gam, from 260 trillion rials ($797.5 million) now to 2,000 trillion rials ($6.13…

One bank has been introduced to Majlis Article 90 Commission for refusing to disclose information about big loans to the Central Bank of Iran to be publicly announced, the CBI deputy for…

The Central Bank of Iran has sent an ultimatum to all banks to comply with interest rates on deposits approved by the Money and Credit Council, the top decision-making body of financial markets…

Demand for subsidized foreign currency declined by almost $2 billion since the end of the subsidized forex policy six months ago, compared with the same period last year, the spokesman of the…

While the Central Bank of Iran plans to pilot its long-awaited central bank digital currency (CBDC) project, the Crypto-Rial, by November, experts has expressed strong reservations about the…

The Central Bank of Iran has announced new guidelines for borrowing from the interbank market using collateral.  As per the instructions posted on the CBI website, lending to banks or…

The Central Bank of Iran announced new rules on Sunday based on which banks and credit institutions are required to provide borrowers with access to lending contracts and changes thereto via…

Iranian banks held foreign assets worth 23,833.1 trillion rials ($79.4 billion) by the end of the fourth calendar month on July 22. This was up 18.2% compared to the similar period last year.…

The Central Bank of Iran is stepping up efforts to promote funding for economic enterprises through non-inflationary methods, the CBI governor said.  Speaking on state TV late on Thursday…

The Central Bank of Iran says it expects growth in the use of its recently-unveiled instant interbank transaction network, known as Pol.  Hamidreza Norouzi, the head of the Pol project,…

The Central Bank of Iran will adopt new measures to further curb the growth of money supply and maintain monetary discipline, the CBI deputy governor said. Asghar Abolhassani told state TV late…

Former governors of Central Bank of Iran have opposed parliamentary discussion of a controversial banking bill and asked lawmakers to stop the process.

The Central Bank of Iran has increased the reserve requirement of nine banks with weak finances, head of the CBI Department for Health Assessment said.  “Six banks saw their legal reserve…

Almost all interment payment gateways and point-of-sale terminals are fully integrated into the tax system, concluding a project that started almost two years ago, the Central Bank of Iran vice…

The monetary regulator may consider the possibility of higher interest rates on bank deposits, the governor of the Central Bank of Iran said.  Speaking on the sidelines of a Cabinet…

The Central Bank of Iran says it supports the growth of "buy now pay later" (BNPL) services because of its acceptable impact on the economy.  Mehran Mahramian, the CBI deputy chief for…

The Governor of the Central Bank of Iran, Ali Salehabadi, said goals anticipated in the Seventh Five-Year Economic Development Plan should be realistic and accessible. The sixth plan ended last…

The Iranian economy grew by 5.7% in the fourth quarter of fiscal 2021-22 at constant prices of fiscal 2016-17, data released by the Central Bank of Iran show. The GDP growth, excluding crude…

In a new report the Central Bank of Iran said the monetary base declined on the monthly scale in the calendar month to June 21. The monetary base stood at 6,403.7 trillion rials ($20.6 billion…

The Governor of the Central Bank of Iran Ali Salehabadi said the central banks of Iran and Russia have agreed to expand banking and monetary relations.  Heading a delegation, Salehabadi…