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.
INSTEX should be funded by Iran’s oil export to EU: Hemmati
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that INSTEX needs to be funded by exports of Iranian oil to European countries.
Industry ministry unveils directive on re-injection of export income
Following the Central Bank of Iran (CBI), the ministry of industry, mining and trade has issued a directive package which provides the country’s exporters with guidelines about how they should re-inject their foreign currency incomes into the country’s economy, IRNA reported on Thursday.
CBI governor in S Korea for monetary talks
Governor of the Central Bank of Iran, Abdolnaser Hemmati, landed in South Korean capital Seoul on Sunday evening to hold talks on financial and monetary issues with Korean officials in banking and economic sectors.
Regulated Forex Market to be formed by June. 21: MP
The CBI's planned Regulated Foreign Exchange Market will be formed by the end of the present Iranian month, Khordad, (June 21, 2019), Mohammadreza Pourebrahimi, the Chairman of Iran’s Parliament Economic Committee said on Monday.
CBI not to eliminate forex management integrated system NIMA: governor
The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced that the central bank is not intended to omit Iran's domestic Foreign Exchange Management Integrated System (locally known as NIMA) from domestic forex trade market.
‘Exporters re-inject 60% of their foreign currency earnings into economy’
The governor of the Central Bank of Iran (CBI) said so far the country’s exporters have re-injected 60 percent of their total exports revenues in the form of foreign currency into the country’s financial system, IRNA reported on Friday.