Central Bank of Iran (CBI) News

The Central Bank of Iran says inability of meeting the inflation target it announced earlier is likely but the CBI is doing all it can to achieve the goal, the vice governor for economic affairs…

The Central Bank of Iran circulated a new 100,000-rial banknote with four zeroes having a light color signifying the CBI's plan to remove four zeros from the national currency. According to the…

With consumer price inflation galloping again in the last Iranian calendar month (Sept.22-Oct.21), the Central Bank of Iran in a report examined key factors pushing up prices and ways to control…

The Central Bank of Iran condemned a Bahraini court verdict convicting Iranian banks for alleged money laundering saying that it "lacks legal basis".  In a press release posted on the CBI…

Iran’s Money and Credit Council, the top monetary decision-making body, approved proposals from the Central Bank of Iran to improve the balance sheets of lenders. 

The Central Bank of Iran said it injected $450 million into the market to help stabilize the volatile market and control foreign exchange rates.  In a press release published on its…

The Central Bank of Iran has paid the rial equivalent of €600 million demanded by the Health Ministry to help medical workers cope with the rapidly spreading Covid-19 pandemic, the CBI governor…

The Central Bank of Iran has no plan to increase deposit rates, the governor, Abdolnasser Hemmati, said in response to recent rumors about the likelihood of higher interest rates to help prop up…

The Central Bank of Iran says it has conducted the first repurchase agreement (repo) operation to implement the open market operation to regulate interbank interest rates.  

In a report on macroeconomic variables, the Central Bank of Iran said soaring foreign exchange rates could buck the declining trend of inflation in the coming months.  Tracking inflation…

The Central Bank of Iran says its efforts have delivered in curbing growth of the monetary base during the first six months of current fiscal year (March 20-Sep 21).  The monetary base…

The central bank will resist attempts to pay the rial equivalent of loans taken from the National Development Fund of Iran in bid to avoid overburdening the bank’s balance sheet by printing…

After touching 280,000 rials on Wednesday, the US dollar again extended gains against the rial on Thursday. It sold for 286,500 rials in Tehran’s open market, rising 6,000 rials, or 2%, compared…

The Central Bank of Iran continues to exercise flexibility toward exporting companies regarding the repatriation of export earnings, the bank’s governor said. 

The Central Bank of Iran outlined key measures to tame mounting inflation and guide it toward the ±22% target.  In a press release on its website, the CBI linked the galloping inflation to…

The Central Bank of Iran in a statement said it will resort to legal action to counter efforts to seize its assets at Deutsche Boerse’s Clearstream unit. 

The Central Bank of Iran again raised the lower bound of interest rate corridor (IRC) in the interbank market to further narrow the interbank interest rate spread.  In a press release seen…

The Central Bank of Iran says the coronavirus pandemic, deepening budget deficit and disruption in foreign trade are largely responsible for pushing up consumer prices in recent months. …

Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture says the chamber has called on the government to explain on what premise it has calculated the amount of unreturned…

The Central Bank of Iran has expanded the list of businesses directly hurt by the outbreak of coronavirus, and therefore eligible to receive government-backed loans.  It has added…

The Central Bank of Iran on Thursday said lenders can raise the ceiling when issuing certificate of deposit up to a level that doesn’t cross 20% of total long-term deposits at the end of last…

The government raised 49.9 trillion rials ($232 million) by selling Islamic bonds in the debt market on Tuesday.  Out of this figure, 19.9 trillion rials ($92 million) was sold to lenders…

Selected foreign exchange bureaus affiliated to the Central Bank of Iran pushed up dollar rates above the historic 200,000 rials on Saturday. This came after price gaps between the CBI…

Governor of the Central Bank of Iran Abdolnasser Hemmati said Friday the government will use part of the existing money supply to plug the fiscal deficit.   Hemmati said this in his social…

Islamic bonds worth 63 trillion rials ($331 million) were bought by lenders and non-bank financial institutions on Tuesday during the fifth bond auction held by the Central Bank of Iran. …