CBI Net Foreign Assets Rise 4.5%
Net foreign assets held by the Central Bank of Iran (CBI) at the end of the current Iranian calendar year’s second quarter (September 21, 2020) stood at 3.63 quadrillion rials (about $86.4 billion)
Iran Economic Growth Rate Becomes Positive Despite Sanctions
Governor of the Central Bank of Iran Abdolnaser Hemmati says the economic growth rate in Iran has become positive, both with and without oil revenues.
CBI Blasts Bahrain Court’s Verdict as “Legally Invalid”
Director of Legal Studies Department of Iran’s Central Bank yesterday reacted to a Bahraini court’s verdict on Iranian banks and called it something lacking legal validity and it is just a political move.
Iran Can Counter U.S. Unilateral Sanctions
Governor of Central Bank of Iran (CBI) called bartering one of the classic methods for countering U.S. unilateral sanctions.
Baghdad Agrees to Release Tehran Frozen Funds
Iraq has agreed to release Iranian funds blocked in the Arab country because of American sanctions for Iran’s purchase of staples
Monetary Base Expansion of Iran Is Modest; CBI Says
The country’s monetary base expansion in the first half of the current Iranian year was a modest one as he dismisses claims the lender used extra finances to fund imports.
Rial Devaluation to End As CBI Resumes Rationing Dollar
Devaluation for the Iranian currency (rial) seems to have come to an end as the Central Bank of Iran (CBI) resumes rationing the US dollar.
Iran Preparing a Legal Complaint against South Korea
The Central Bank of Iran (CBI) is preparing to lodge an official complaint against South Korea, said a report, as Seoul refuses to return Iranian funds.
Fresh Limit on Cash Withdrawals from Iranian Banks
CBI has ordered a new limit on withdrawal of cash from banks amid toughening of rules on money laundering and also concerns about hoarding money because of the new coronavirus pandemic.
Iran’s Foreign Debts Cut by 4%: CBI
Iran's total foreign debts at the end of June 20, 2020, reached $8.655 billion, showing a 4 percent decrease compared to the preceding year.