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May 31,2021
The minimum capital requirement for setting up foreign exchange shops has been increased to 250 billion rials ($1.08 million) in large cities and 130 billion rials ($565,000) in other cities, the...
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May 31,2021
The Central Bank of Iran’s Innovative Technologies Department has performed well in developing infrastructures to improve the transparency of banking transactions, the department said.
In a press...
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May 30,2021
With speculations about the removal of the governor of the Central Bank of Iran, Abdolnasser Hemmati, turning into reality, the CBI is waiting for a change of guard.
Running in the presidential...
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May 21,2021
The board of directors of the Central Bank of Iran has warned about consequences of the new legislation related to the banking and monetary system.
In a meeting late on Wednesday, the board...
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May 19,2021
The Central Bank of Iran Tuesday unveiled the ‘Centralized Database for Loans and Commitments’ known by its Persian acronym Samat, planned to enhance the CBI’s oversight of loans by banks....
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May 15,2021
The Central Bank of Iran said it legal efforts prevented a Luxemburg court order to transfer its forex assets to the United States.
In a statement on its website, the CBI said a Luxembourg court...
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April 24,2021
Data released by the Central Bank of Iran indicate that banks handled transactions worth almost 775.3 trillion rials ($3.2 billion) a day at the interbank market in the previous fiscal year (March...
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April 16,2021
The Governor of Central Bank of Iran Abdolnasser Hemmati dismissed claims that the CBI is the "government’s biggest debtor.”
Hemmati was objecting to statements Tuesday by Mohammad-Baqer Nobakht...
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April 14,2021
The governor of Central Bank of Iran rejected the IMF’s estimation of Iran’s currency reserve in its latest report published last week.
In a note posted on his social media account, Abdolnasser...
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April 11,2021
Banks and credit institutions are barred from processing payment requests of customers lacking complete ID information stored in the banks’ data center as of April 26, an official with the Central...
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April 07,2021
In a meeting with members of Intergovernmental Group of Twenty-Four (G24), the Governor of the Central Bank of Iran Abdolnasser Hemmati said the International Monetary Fund and World Bank must take...
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April 02,2021
The Central Bank of Iran has outlined priorities in the new fiscal year that started on March 21 including taming high inflation, boosting manufactures and stabilizing markets.
It said it is...
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March 16,2021
The new monetary policy of the Central Bank of Iran was timely and appropriate during the difficult economic conditions, head of the CBI's department for open market operation said.
Reza...
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March 10,2021
With the new fiscal year fast approaching, senior managers of Central Bank of Iran met on Tuesday where the governor defended the bank's performance during the course of the past 12 months. ...
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March 05,2021
The Central Bank of Iran says decline in inflation expectation and relative stability in financial markets obviates the need for higher interest rates.
Abdolnasser Hemmati, the CBI boss, in a...
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March 04,2021
During the latest round of bond auctions held by the Central Bank of Iran this week, the government sold bonds worth 30.3 trillion ($121 million).
This week's auction featured a bigger...
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March 01,2021
The Central Bank of Iran has extended banking restrictions aimed at avoiding congestion in bank branches in line with broader measures to contain the spread of Covid-19.
According to a notice...
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February 22,2021
Iran and South Korea have reached an agreement on using "a part" of Iran’s foreign currency assets frozen in the Asian country.
The agreement was reached in a meeting between the governor of...
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February 13,2021
The Central Bank of Iran has recently rolled out various retail payment instruments, or developed guidelines for payment companies in recent months.
"The effort is in line with the policy to...
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February 03,2021
The Central Bank of Iran has allocated 150 trillion rials ($612.24 million) in aid packages and loans to the auto sector to help bolster productivity and localization efforts, the CBI chief said....
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January 19,2021
South Korean banks wary of US sanctions are holding tight to billions of dollars in Iranian money, apparently unwilling or unable to budge before Joe Biden assumes office as the next president of...
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January 11,2021
The Central Bank of Iran demanded Monday South Korea release billions of its foreign exchange assets blocked in that country.
South Korea’s First Vice Foreign Minister Choi Jong-kun arrived in...
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January 09,2021
The governor of Central Bank of Iran said he hopes stability in financial markets would be restored in the coming weeks as "excitement arising from political developments ebbs".
In a note posted...
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January 03,2021
The Central Bank of Iran's underperformance in notifying clear export repatriation rules and lack of a comprehensive data platform to track export repatriation commitments are causing concern for...
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December 13,2020
Central Bank of Iran has forecast lower consumer price inflation in the coming weeks in light of relative stability in financial markets and key monetary variables.
Decline in the monetary base...