CBI outlines 6 tactics to neutralize US economic pressure
Governor of the Central Bank of Iran has outlined six strategies to counter and neutralize the US economic pressures and rein in inflation.
CBI gov. announces plan to curb inflation
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.
Forex market controlled for the nth time
"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.
China’s Bank of Kunlun to continue coop. with Iran
China’s Bank of Kunlun on Monday announced that it will continue cooperation with non-sanctioned Iranian banks for transactions and also payments related to non-sanctioned goods.
Cabinet studying currency reconversion, lopping off 4 zeroes of nat. currency
According to the request of the Central Bank of Iran (CBI), the economic committee of the cabinet has on agenda the plan to eliminate four zeros from the national currency rial and to introduce a new one.
CBI denies rumors of loan request from IMF
Central Bank of Iran has dismissed rumors about Tehran’s request for a loan from International Monetary Fund.
Supporting “domestic production”, main priority of banking system in current year
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that backing domestic production is the main priority of the Central Bank of Iran (CBI) in the current year (started Mar. 21, 2019).
Iran’s Central Bank Says to Introduce Company for Facilitating INSTEX
The Central Bank of Iran (CBI) announced that it will soon name a company in the country for facilitating cooperation with the European Union based on its financial mechanism for trade with Iran known as the Instrument in Support of Trade Exchanges (INSTEX). In a statement released on Saturday, the CBI’s public relations department said […]
Currency reconversion not a turning point in economic reformation
One of Iran’s main economic policies, under the framework of the sixth five-year development plan, is modification of banking system and reformation of monetary policies, moving forward toward which the Rouhani administration put forward the plan to shift the national currency from Rial to Toman earlier in December 2016 by eliminating specific number of zeroes. […]
Iran, Syria explore facilitation of bilateral banking transactions
In a meeting between Central Bank of Iran (CBI) Governor Abdolnaser Hemmati and Syrian Minister of Economy and Foreign Trade Mohammad Samer al-Khalil in Tehran on Monday, the two sides investigated the ways to facilitate banking transactions between Iran and Syria, CBI website published. As reported, establishment of a joint bank was one of the […]