According to the newest data released by the Central Bank of Iran (CBI), Iran’s debts to foreign lenders in the end of the seventh Iranian month of Mehr (October 22) stood at $10.093 billion, showing 10.7 percent decrease in comparison with the announced figure in the first Iranian calendar month of Farvardin (March 21- April […]

Iran’s tax incomes during the first seven months of the current Iranian calendar year (March 21-October 21) has risen 14.2 percent compared to the same period of time in the previous year, ISNA reported on Monday citing the data released by the Central Bank of Iran (CBI). As reported, Iranian government has received 750 trillion […]

Governor of Central Bank of Iran (CBI) said Fri. that the EU’s financial mechanism to ease trade transactions with Iran will act as a bilateral monetary agreement, allowing exporters to receive their foreign exchange earnings through it. Abdolnaser Hemmati wrote in a post on Friday that the details of a new European Union mechanism to […]

According to the newest data released by the Central Bank of Iran (CBI), Iran’s debts to foreign lenders in the end of the fourth Iranian month of Tir (July 22, 2018) stood at $10.66 billion, showing 5.6 percent decrease in comparison with announced figure in the first Iranian calendar month of Farvardin (March 21- April […]

 Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati announced that $13 billion has been allocated to supply basic goods required in the country. As the official has previously announced CBI has paid €3.2 billion to import basic goods during the past month. “In the past month, €1.8 billion has been paid for importing basic […]

 Iranian President Hassan Rouhani appointed the ex-governor of the Central Bank of Iran (CBI), Valiollah Seif, as his special advisor for monetary and banking affairs. Despite the critics repeatedly lashed out at Seif for his policies, in particular those about foreign currency market during his office at CBI, Rouhani selected him as his advisor in […]

In a directive issued by the Central Bank of Iran (CBI), supply of currency obtained from exports will accelerate. Central Bank of Iran (CBI) notified the executive instruction to the responsible organizations in six paragraphs on the removal of currency obligations of exporters and return of currency obtained from export of goods to the economic […]

The Iranian Judiciary is investigating the former governor of the Central Bank of Iran (CBI) over recent economic corruption cases, the Judiciary’s Spokesman Gholam Hossein Mohseni Ejei announced. Speaking at a televised program on Saturday night, Ejei said some government officials have been investigated for possible involvement in the recent financial corruption cases. Regarding the disruptions to […]

Hemmati believes that the main weight of the currency market is directed toward the Secondary Forex Market and that currently 95-96% of imports take place in the secondary market. Central Bank of Iran’s Governor Abdolnasser Hemmati said the regulator’s policy under his watch continues to be non-intervention in the foreign exchange market. “We have said […]

An Iranian MP said on Tuesday that the former CBI governor Valiollah Seif must be held liable for rigging in gold and currency markets. Mohammad Hassannejad, a member of Iranian Parliament’s Economic Commission, said that the former governor of the Central Bank of Iran (CBI) Valiollah Seif must be held responsible for riggings in the […]