Investment funds laying ground to attract more investors
Investment funds have gained high popularity among the investors over the past two decades.
Cost of Money Declines 1.5% in Iran
the cost of money has declined up to 1.5% following a government decision to scrap the overnight interest rate policy on deposits in January, head of the Association of Private Banks and Credit Institutions said.
Eliminating 4 zero from national currency not to impact inflation rate
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Tuesday that crossing out four zeros from national currency, Rial, will have no impact on inflation rate adding that the central bank is ready to implement the plan.
$27.5bn of forex offered at NIMA in a year: CBI gov.
The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced on Tuesday that as of July 23, 2018 some $27 billion of foreign exchange has been offered at the Integrated Forex Deals System (NIMA).
Plots for Collapse of National Currency Defused
TEHRAN - The governor of the Central Bank of Iran (CBI) says plots for a massive devaluation of Iran’s national currency have effectively failed as the rial keeps regaining some of its value despite growing economic pressure from the United States and a flare-up of tensions in the Persian Gulf over the past weeks.
No license issued for importing ‘miner’ into country
Deputy President of the Islamic Republic of Iran Customs Administration (IRICA) Jamal Arounaghi said on Sunday that any license has not been issued for importing ‘miner’ into the country.
Forex market stabilized, rial soaring
Forex market in Iran has been experiencing many ups and downs after the U.S. withdrew from Iran’s nuclear deal (known as JCPOA) in May 2018.
CBI manages to stabilize foreign currency market: report
The value of Iranian rial is recovering against the U.S. dollar as the Central Bank of Iran (CBI) policies for shielding the currency against the U.S. sanctions are taking effect.
Above $5bn of non-oil export revenues earned via NIMA since Mar.
Deputy Head of Central Bank of Iran (CBI) Gholamreza Panahi said on Tuesday that as of the beginning of the present Iranian year (March 21, 2019) some five billion dollars of non-oil export revenues has been earned via CBI’s launched Integrated Forex Management System, locally known as NIMA.
Iran’s foreign debt drops 17% in a year: CBI
Iran’s foreign debt fell to $9.339 billion at the end of the last Iranian calendar year (March 20, 2019), registering a nearly 17 percent drop compared to the figure for the preceding year, IRNA reported on Monday, citing central bank data.