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January 14,2020
With the aim to facilitate trade in the anticipated regulated foreign exchange market, the Central Bank of Iran raised the ceiling of planned daily forex trade fivefold.
According to a CBI notice...
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January 11,2020
The Central Bank of Iran officially started open market operations as part of its monetary policy to curb inflation, control interest rates in the interbank market and manage liquidity.
As per a...
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January 10,2020
Following sharp falls in the Tehran stock markets throughout last week, a senior bank official spoke about a plan to help support the market by granting loans to investors for purchasing shares....
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January 03,2020
Intervention of central banks in currency markets does not happen only in Iran, says a former head of Tehran Stock Exchange.
"Central bankers around the world use a variety of methods to control...
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December 28,2019
Central Bank of Iran is committed to control inflation and improve macroeconomic variables, the CBI Governor Abdolnasser Hemmati said.
“We [central bank] are steadfast in implementing measures...
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December 17,2019
Majlis ratified the outlines of banking rules under the “Comprehensive Islamic Banking Bill” umbrella on Tuesday.
The package of rules includes the Islamic Banking Bill, Central Bank of Iran Bill...
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December 15,2019
The Central Bank of Iran will continue to promote non-oil trade with foreign countries, the bank’s deputy governor for currency affairs said.
“CBI advocates the policy of managing foreign trade...
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December 11,2019
The rial regained some lost territory against the US dollar on Wednesday after the Central Bank of Iran intervened through its affiliated moneychangers.
CBI’s role was conspicuous from the early...
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December 10,2019
In line with provisions of anti-money laundering guidelines, the Central Bank of Iran has further tightened rules for daily bank transactions.
As per the new regulations, transactions via all...
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December 10,2019
The Central Bank of Iran has offered 70 trillion rials ($500 million) in loans since the beginning of the current Iranian year (March 21) to help emerging startups and knowledge-based companies...
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December 03,2019
Banks have significantly cut borrowing from the Central Bank of Iran as the numbers declined more than 40% compared to the same period last year, the CBI governor said.
Instead of borrowing from...
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November 27,2019
The Money and Credit Council - a top body in charge of making monetary and banking decisions - approved a plan dubbed as the ‘productive credit certificate’ better known by its Persian acronym Gam...
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November 24,2019
The Central Bank of Iran has developed a new platform, Diba, to supervise open banking operations, says Aboutaleb Najafi, CEO of Informatics Services Corporation, noting that regulated forex market...
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November 11,2019
Soon after a call by President Hassan Rouhani, the Central Bank of Iran has published a report on its website that sheds light on the amount of subsidized currency allocated for importing essential...
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November 09,2019
Governor of the Central Bank of Iran says making the one-time password mandatory for banks is not possible now due to the problems of both lenders and customers.
In an Instagram post late...
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October 21,2019
Despite the deep compulsions to work for verifiable efficiency in key economic sectors at a time when the economy is saddled with mounting pressure due to US hostility and sanctions, startling...
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October 20,2019
Governor of the Central Bank of Iran commended the role of the private sector in helping the economy to survive the harsh economic penalties imposed by the United States government.
Abdolnasser...
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October 04,2019
In line with efforts to help promote corporate governance and protect the rights of bank depositors and shareholders, the Central Bank of Iran has announced restrictions on ownership of banks’...
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October 02,2019
The national currency is 40% stronger than the last fiscal year (ended March 20), says Abdolnasser Hemmati, governor of the Central Bank of Iran.
He made the statement in a note posted on his...
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September 29,2019
The Central Bank of Iran has resumed rating lenders based on their performance in corporate governance and the level of their progress in digital banking, according to a CBI official familiar with...
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September 21,2019
Senior bank and government officials have belittled the new US sanctions imposed Friday on Iran’s central bank, unanimously branding the move as a visible sign of desperation by Donald Trump and...
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September 18,2019
The governor of the Central Bank of Iran, Abdolnasser Hemmati, appointed Mehran Moharamian as the new vice governor for IT affairs.
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September 15,2019
The Supreme Council of Economic Coordination extended the authority of the central bank governor, Abdolnasser Hemmati, for one more year to intervene and regulate the foreign exchange market, the...
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September 03,2019
Central bank governors of Iran and Syria on Monday discussed bilateral banking issues and prospects for setting-up a joint bank to facilitate financial ties.
The two sides reviewed banking...
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September 02,2019
The Central Bank of Iran is now focused on the upcoming open market operation hoping that the monetary policy would help curb inflationary effects of the ballooning liquidity because previous...