TEHRAN- Iran’s liquidity stood at 14.63 quadrillion rials (about $325 billion) during the 10th Iranian calendar month of Dey (December 21, 2017- January 19, 2018), according to a report released by the Central Bank of Iran (CBI). The CBI announced that the liquidity figure shows 22.3 percent growth in comparison with the same period in […]

 The 57th annual meeting for the General Assembly of the Central Bank of the Islamic Republic of Iran has kicked off Sun. morning, with President Rouhani in attendance. The General Assembly of the Central Bank of the Islamic Republic of Iran is chaired by the president, and includes Minister of Economic Affairs and Finance, Head […]

TEHRAN- The Central Bank of Iran (CBI) announced that the inflation rate for the 12-month period ended on the last day of the eleventh Iranian calendar month Bahman (February 19) compared to the same period in the previous year hit 9.9 percent. It is while the Statistical Center of Iran had previously put the inflation […]

In its reaction to the release of a news in media outlets, Central Bank of Iran (CBI) warned categorically on the sales of cryptocurrency in cooperation with the bank. Given the above issue, bitcoin and other cryptocurrencies has not thus far been introduced as the official currency by the CBI, so that this bank does […]

Once again, Central Bank of Iran (CBI) Governor Valiollah Seif warned on cryptocurrency “bitcoin” and said, “CBI does not endorse bitcoin at all.” Turning to bitcoin transactions, he added, “although transactions with this cryptocurrency have become widespread, people should be careful about this issue seriously.” Transacting with bitcoin is followed with several risks, he said, […]

TEHRAN- Iran tries to push down its inflation rate to below five percent within the next few years, Central Bank of Iran (CBI) Deputy Governor Akbar Komijani announced addressing SEANZA’s meeting of central bank governors in Tehran. “Iran could manage to reach a single-digit inflation in 2016, which was unprecedented during the past 25 years”, […]

Bitcoin, the digital currency that has dominated headlines in recent weeks, continued its march higher as it broke for the first time ever above $17,000 on Thursday. Despite queries over its real value and worries about its dangerous bubble, the cryptocurrency has drawn attention of many people in the business community as the fastest growing […]

TEHRAN- Iran’s liquidity in the fifth month of current Iranian calendar year, Mordad (July 23-August 22, 2017), showed 24.3 percent rise compared to the same time in the previous year. According to a report released by the Central Bank of Iran (CBI), liquidity stood at 13.66 quadrillion rials (about $340.05 billion) in the said month. […]

Foreign exchange rates increased in Tehran’s market on Wednesday, following the Central Bank of Iran’s latest regulations concerning foreign currency offered at banks to travelers. According to the latest directive by the policymaker published on its official website, banks are allowed to “sell travel currency at open market rates starting from September 11”. That is […]