Central Bank of Iran (CBI) News

The Central Bank of Iran has finalized the draft of a regulatory framework for e-wallets that is expected to be unveiled soon, said Ayandeh Bank's deputy for electronic banking affairs. 

The Central Bank of Iran said it is planning to launch euro-denominated certificate of deposit to reduce the volume of rials held by the public and downsize the money supply, the bank’s governor…

The Central Bank of Iran issued an ultimatum on Sunday to non-oil exporters to expedite repatriation of their overseas earnings. If they fail to comply their names will be made public through…

The Central Bank of Iran said in a report that broad money supply reached 24,721.5 trillion rials ($137 billion) when the fiscal year ended in the third week of March.  Broad money grew by…

In the first Central Bank of Iran auction of Islamic bonds on Tuesday, the government generated 51 trillion rials ($300 million). The move to open a primary interbank market for bond auctions…

The Central Bank of Iran said it will implement more aspects of open market operation that involves regulating the borrowing of lenders from the CBI by obliging them to put up enough collateral…

Economists of all stripes have voiced strong reservations about central bank’s bold decision to set an inflation target of 22%. This, they say, is subject to conditions which if not…

The Central Bank of Iran will hold its first auction of government bonds on Tuesday. It has asked banks to place buy orders for the Murabeha bonds on the interbank trading platform. 

The coronavirus has stoked concerns about losing one’s savings as more people entered the housing market in the month ending May 20 to register an 809.9% rise in home deals compared with the…

The Central Bank of Iran says based on “realistic assumptions and scenarios” it will set the inflation target at 22% during the current fiscal year that ends in March 2021.   The…

Fluctuations in forex market in recent months have compelled the Central Bank of Iran to seek help from authorized exchange bureaus to restore stability to the chaotic market.

With apposite monetary policy instruments at its disposal, the Central Bank of Iran is ready to implement “inflation targeting” measures, the CBI governor said.  “Within this policy, the ‘…

Interest rates for interbank lending dropped 3.9% in the last fiscal year (March 2019-20) compared to the year before, according to Central Bank of Iran data.  The lending rate dropped…

A decrease of 2.4 percentage point was registered in the Producer Price Index for the Iranian month ending April 19 compared with the preceding month (Feb. 20-March 19), according to Governor of…

The Central Bank of Iran has required banks and credit institutions to increase their loan to deposit ratio in each province to at least 50%.  The new measure aims to help create a balance…

Governor of Central Bank of Iran is hopeful that the inflation rate could be brought down to around 22% with the help of new monetary policies.   Speaking on state TV late Tuesday,…

The Central Bank of Iran's recent measure to make one-time password (OTP) obligatory has made it harder for cardholders to make online and mobile payment transactions.  However, the rule…

The Central Bank of Iran is ready to use its new open market operation system to help government address some of its economic problems triggered by the tough US sanctions, the CBI governor said…

The government has approved a large package to help low-income households and struggling businesses impacted by the rapidly spreading coronavirus. 

Iran's gross domestic product in the third quarter of the current Iranian year (March 21-Dec. 21, 2019) stood at +1.2%, Governor of the Central Bank of Iran Abdolnasser Hemmati wrote in an…

The Central Bank of Iran has released a list of businesses that have been directly affected by the outbreak of the novel coronavirus, COVID-19. These businesses can apply to receive support and…

The governor of the Central Bank of Iran said he has asked the International Monetary Fund last week for $5 billion in emergency loans to help the country contain the spreading virus and…

The Central Bank of Iran will decide about using the payment channel devised by the Swiss government for sending humanitarian goods to Iran, head of the Iran-Switzerland Joint Chamber of…

The Supreme Council of Economic Coordination on Tuesday extended the authority of the Central Bank of Iran for one more year to control the currency market and regulate exchange rates. 

Debs of banks and credit institutions to the Central Bank of Iran declined 25.6% year-on-year to Dec. 21.  Arrears to the CBI reached 1,113.9 trillion rials ($7.3 billion based on Monday’s…