Governor of the Central Bank of Iran deplored a decision by the Paris-based FATF to blacklist the Islamic Republic, saying the move would have no effect on the country’s foreign trade and domestic forex rates.
Abdolnaser Hemmati highlighted Iran's success in increasing its forex reserves and said they are at an unprecedented level in the past decade.
TEHRAN (Iran News) – The governor of the Central Bank of Iran (CBI) says prices of foreign currencies, forex, will return to normal levels in the very near future despite growing speculations that have affected the market over the past days. Abdolnasser Hemmati said on Monday that prices in the forex market had surged over […]
Governor of the Central Bank of Iran says the bank is determined to boost non-oil exports and it is easing forex mechanism for exports.
The CEO of an Iranian petrochemical plant said that the company had saved 70% of its expenses in foreign currencies after overhaul of 22 of its units.
Governor of the Central Bank of the Islamic Republic of Iran (CBI) Abdolnaser Hemmati says the country’s economy is more stable now compared to last year as inflation rate loses momentum.
TEHRAN – Governor of Iran’s Central Bank says the forex market has been stabilized and the forex reserves of the country are favorable and the current banknotes’ condition has been unprecedented in the past 6 years.
Exports Department Manager of Central Bank of Iran (CBI) Samad Karimi on Sunday put the country’s trade surplus at $12 billion, saying that Iranian economy can be administered without oil revenues appropriately.
TEHRAN – Governor of Iran’s Central Bank (CBI) says the bank has managed to surmount the toughest sanctions and economic pressures which have been imposed by the U.S. since last year and has passed it.
"The government managed to curb the inflation rate in the past months and according to predictions economic growth will improve in the next Iranian calendar year," Head of Plan and Budget Organization Mohammad-Bagher Nobakht said on Wednesday.