Iran’s Forex Policy Unaffected by French Offer of Credit Line: Top Banker
Governor of the Central Bank of Iran said efforts to supply foreign currency resources are in progress irrespective of a French proposal for the launch of a $15 billion credit line for oil purchases from Iran.
‘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.
‘Banking system reformations on agenda’
“The Central Bank of Iran (CBI) has neither overlooked nor postponed reformation of banking system during the past recent months,” the central bank’s governor Abdolnasser Hemmati announced underscoring that the bank has always had modification of banking system on its agenda. “During the past three months [since the appointment of Hemmati as CBI governor], all […]
‘Pumping foreign currency into secondary market to be accelerated’
“Within the next few weeks, the procedure of injecting non-oil exports revenues into the foreign exchange secondary market will be lubricated to supply the required forex sources for imports,” the Public Relations Department of the Central Bank of Iran (CBI) quoted the bank’s Governor Abdolnaser Hemmati as saying on Saturday. According to Hemmati, €7.3 billion […]