Iran’s economy has emerged from nearly three years of recession caused by US sanctions and exacerbated by the spread of the coronavirus pandemic, the country’s top banker said.
Iraq has agreed to release Iranian funds blocked in the Arab country because of American sanctions for Iran’s purchase of staples
Iranian President Hassan Rouhani praised the Central Bank of Iran (CBI) for its efforts to cope with the domestic demands and provide the necessary funding.
The Central Bank of Iran (CBI) approved emergency funding worth nearly $5 billion to offer cheap loans to businesses hit by the new coronavirus pandemic.
TEHRAN (Iran News) – Chief banker of Central Bank of Iran, said Tehran has devised alternative ways to bypass US embargoes against its foreign oil sale and to retrieve revenues. Abdolnaser Hemmati, the governor of the Central Bank of Iran (CBI), said Thursday that the government had been enjoying more foreign oil sale income in […]
TEHRAN – The Governor of Central Bank of Iran says the current problems of banks have not happened overnight and reform of banking system is a long-term plan.
Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati said the bank won’t spare any effort in order to overcome the barriers in the way of the private sector’s trade, IRNA reported.
The Central Bank of Iran (CBI) submitted the draft of a bill to slash four zeroes from the national currency, rial, to the cabinet, Tasnim news agency quoted the governor of the CBI as saying on Sunday. “The government submitted the bill on crossing out four zeroes of the national currency to the parliament on […]
Iranian Central Bank Governor Abdolnasser Hemmati says that with the CBI’s intervention in foreign exchange market, the rising trajectory of value for Iranian national currency rial has started. The CBI governor made the remarks after a meeting with economy commission of the Iranian Parliament on Sunday, during which important issues relevant to monetary and currency […]