Iraq has agreed to release Iranian funds blocked in the Arab country because of American sanctions for Iran’s purchase of staples
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.
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.
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.
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 total foreign debts at the end of June 20, 2020, reached $8.655 billion, showing a 4 percent decrease compared to the preceding year.
The Central Bank of Iran (CBI) is planning to issue certificates of deposit in euros as it struggles to contain liquidity and tame the rising inflation in the country.
The Central Bank of Iran has injected hundreds of millions of dollars to stabilize the currency market, CBI Governor Abdolnaser Hemmati said on Saturday.
Iranian President Hassan Rouhani announced on Wednesday that the Central Bank of Iran (CBI) is capable of getting fluctuations in the forex market under control.
The Central Bank of Iran (CBI) said that net foreign assets held by the bank and Iranian non-banking financial institutions have surged by over a quarter over the year ending March 19.