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National Currency Swap Agreement Archives - Iran News Daily
Iran to bypass SWIFT for trade transactions: CBI governor 18 Sep 2019

Iran to bypass SWIFT for trade transactions: CBI governor

Governor of Central Bank of Iran, Abdolnaser Hemmati, said Wed. that the country is making efforts to further strengthen trade transactions via national currencies, and render SWIFT practically useless.

Lopping four zeros off rial to take about 2 years 07 Jan 2019

Lopping four zeros off rial to take about 2 years

Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Mon. that removing four zeros off national currency ‘rial’ will take about two years. The proposed bill for lopping four zeros off rial requires approval of both the government and the Parliament, he said, adding, “economic experts estimate that launching this task will take […]