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February 09,2020
Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.
The Paris-based...
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February 07,2020
The Central Bank of Iran is committed to fighting money laundering, speculative activities and unaccountable transactions, the CBI Governor Abdolnasser Hemmati said.
Addressing senior bankers in...
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February 04,2020
The Central Bank of Iran’s new scheme to fund manufactures, known as Productive Credit Certificate, was launched Tuesday at the central branch of Bank Melli Iran.
Known by its Persian acronym...
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January 22,2020
Central Bank of Iran has allocated up to 700 trillion rials ($5.3 billion) to companies via the CBI’s new funding scheme dubbed the ‘Productive Credit Certificate’, the bank’s governor said.
The...
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January 19,2020
Having accomplished one goal of bringing a semblance of stability to currency market, the Central Bank of Iran will now concentrate on controlling inflation, the governor said.
“From now on,...
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January 18,2020
The first transactions were reported under the newly unveiled Open Market Operation on Saturday when 10,000 treasury bills were traded between the Central Bank of Iran and a bank in need of...
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January 17,2020
Governor of the Central Bank of Iran says the bank has had at its disposal few policy options to address problems that have plagued the economy for years and came to the surface after the US...
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January 15,2020
Iran’s central bank said an Italian court has rejected a lawsuit filed by American plaintiffs over seizure of the bank’s assets in the country worth $5.99 billion.
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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...