President Sacks CBI Governor Over Presidential Candidacy
President Hassan Rouhani has dismissed the central bank governor, Abdolnaser Hemmati, one of the few moderates running in a June 18 presidential election, who said he accepted the decision that he must step aside at the bank in order to stand for president.
Tehran Urges IMF, World Bank to Act Fairly
he Governor of Iran’s Central Bank (CBI) Abdolnaser Hemmati called on the International Monetary Fund (IMF) and the World Bank (WB) to act fairly with G24 countries.
South Korea should adopt ‘independent’ attitude
Stating that South Korea should have an independent attitude towards Iran, Iran's Governor of the Central Bank said that Iran will continue to pursue its rights and use of its assets in South Korea.
Iran Economic Growth Rate Becomes Positive Despite Sanctions
Governor of the Central Bank of Iran Abdolnaser Hemmati says the economic growth rate in Iran has become positive, both with and without oil revenues.
CBI Governor Blames Sanctions for Devaluation of National Currency
Governor of Iran Central Bank of Iran Abdolnaser Hemmati yesterday blamed the sanctions for recent devaluation of the national currency against the foreign currencies in the forex market.
CBI Urges Exporters to Repatriate Hard Currency Earnings
Iran's Central Bank Governor Abdolnaser Hemmati on Sunday said exporters who have not transferred their foreign currency earnings to the government FOREX system will be summoned for explanations.
Tehran Pushes Seoul to Release Its Tapped Billions
Iran is escalating its pressure on South Korea to release billions of dollars of oil-export revenue, arguing that Seoul is buckling to pressure from its U.S. ally and illegally withholding funds needed to counter the Middle East’s worst coronavirus outbreak.
Majlis Slashes Four Zeros From National Currency
Majlis yesterday passed a bill allowing the government to slash four zeros from the rial, after a sharp fall in the value of the currency.
Iran CBI to support virus-hit businesses
Iran CBI Governor: Iran decided to provide those suffering from economic hardship due to the new coronavirus spread in the country with financial support.
Iran to reduce impact of sanctions: CBI
TEHRAN (Iran News) – Governor of the Central Bank of Iran (CBI), Abdolnaser Hemmati, said efforts will continue to strengthen the country’s ‘resistance economy’ in a bid to reduce the negative impact of US sanctions. “Regardless of what our political figures decide, Iran, in the economic sector, have a duty to counter the US’ economic […]