The Iranian government has approved a plan to take four zeros off the national currency in a bid to curb the tide of liquidity and boost the rial again.
The Central Bank of Iran is planning to launch the Integrated Forex Deals System (Persian acronym for Nima) by mid-August.
The Governor of the Central Bank of Iran Abdolnaser Hemmati said on Tuesday that as in the previous year, the main goals of the central bank are controlling liquidity volume and protecting domestic production.
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that INSTEX needs to be funded by exports of Iranian oil to European countries.
Governor of the Central Bank of Iran, Abdolnaser Hemmati, said Wed. that despite sanctions and US’ efforts to undermine Iran’s oil sector, the country’s oil exports are on the rise.
the governor of the Central Bank of Iran (CBI) has said three plans have been developed aimed to compensate the probable budget deficit resulted from the U.S. sanctions on the country’s oil industry, Tasnim news agency reported.
Governor of the Central Bank of Iran, Abdolnaser Hemmati, landed in South Korean capital Seoul on Sunday evening to hold talks on financial and monetary issues with Korean officials in banking and economic sectors.
The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced that the central bank is not intended to omit Iran's domestic Foreign Exchange Management Integrated System (locally known as NIMA) from domestic forex trade market.
The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced the bank’s plan for controlling the fluctuating macroeconomic variables including inflation on his Instagram page on Sunday.
"The illusion about any instability or inflation in domestic foreign exchange market, which was constantly spoken of, is broken for the nth time by the Central Bank of Iran’s (CBI) management," the central bank governor Abdol-Naser Hemmati wrote on his Instagram on Wednesday.