Central Bank of Iran (CBI) News

The Central Bank of Iran says from mid-April it allocated $815 million for importing medicine. According to a press statement seen on bank's website, the money was paid as a part of an…

New data show net foreign assets owned by the Central Bank of Iran contributed more to the monetary base expansion  the final month of the last fiscal year ending March 20.  The role…

Disciplinary measures taken by the Central Bank of Iran has to some degree improved the balance sheets of banks, head of the CBI Department for Health Assessment said.  “Regular monitoring…

The Central Bank of Iran seems hopeful about fulfilling the goals of the bank’s digital currency project, especially those related to innovating payment and monetary mechanisms. 

The Central Bank of Iran Wednesday launched its regulatory sandbox to address regulatory challenges faced by the bank and financial startups.  Speaking at the unveiling ceremony at the CBI…

The economy grew by 4.4% in the fiscal 2020-21, said the Central Bank of Iran in a new report published on Friday. The CBI report added that GDP growth stood at 3.9%, excluding crude oil…

The Central Bank of Iran said it is undertaking efforts to improve forex supply in the volatile market by encouraging non-oil export companies to increase their currency sale. 

The central bank’s digital currency project, known as crypto-rial, will not replace the banking system and is being designed to add smart features to the currency.

The Governor of the Central Bank of Iran Ali Salehabadi said the CBI will soon issue forex-backed bonds to fund development projects.  CBI officials have recently spoken about plans to…

The Central Bank of Iran Sunday issued new instructions obliging banks to monitor the transactions of customers based on their “level of activity”.  The instructions, seen on the CBI…

The Central Bank of Iran has implemented new rules to help reduce the number of bounced checks.  Based on the new rules, if a check is rejected due to insufficient funds, the amount will…

The Central Bank of Iran says the supply of currency for imports outpaced damned over the past three weeks.  “Forex resources are enough to fully cover imports as well as [needs of] the…

The Governor of Central Bank of Iran Ali Salehabadi says the government’s move to pay new cash subsidies would have little impact on money supply with no significant inflationary consequences.…

The Central Bank of Iran on Wednesday asked banks and credit institutions to withhold processing transactions suspicious of money-laundering.  In a press statement posted on its website,…

Government policy of giving billions in subsidized currency for importing basic goods must be blamed for the exploding monetary base and rampant inflation, a senior official at the Central Bank…

The Central Bank of Iran said the ratio of non-performing loans improved in the third quarter of the last fiscal year (Oct. 22-Dec. 21, 2021).   The ratio of NPLs to total loans stood at 7…

Export firms sold $1.1 billion of their overseas income at the secondary foreign exchange platform (known locally as Nima) from the beginning of the fiscal year (March 21) until Thursday (April…

The Governor of the Central Bank of Iran Ali Salehabadi says forex repatriation from oil and non-oil exports has improved markedly in recent months.  Speaking on the sidelines of the…

The Central Bank of Iran on Monday informed commercial lenders about new instructions related to microloans.  Applicants can now borrow up to 2 billion rials in microloans, it said. As per…

The Central Bank of Iran said henceforth loans and credit to banks will be possible only if they put appropriate collateral.  “New credit by the central bank to banks and credit…

The Central Bank of Iran has revised rules guiding trade in “Productive Credit Certificates”, known by its Persian acronym Gam. 

The Central Bank of Iran says it hopes naming and shaming the big loan defaulters would help recover the billions in unpaid loans.  In a coordinated move initiated by the Economy Ministry…

The Central Bank of Iran has informed banks and credit institutions about regulations related to the crypto-rial, as a central bank digital currency (CBDC).  The rules, seen by way2pay.ir…

The Governor of the Central Bank of Iran Ali Salehabadi said $57 billion in foreign currency was supplied from assorted sources in fiscal March 2021-22.  “The amount was 57% higher on the…

The Governor of Central Bank of Iran Ali Salehabadi said the bank will undertake comprehensive reforms in the new Iranian year that started on March 21.  In a meeting with senior CBI…