Iranian President Hassan Rouhani appointed the ex-governor of the Central Bank of Iran (CBI), Valiollah Seif, as his special advisor for monetary and banking affairs. Despite the critics repeatedly lashed out at Seif for his policies, in particular those about foreign currency market during his office at CBI, Rouhani selected him as his advisor in […]

An Iranian MP said on Tuesday that the former CBI governor Valiollah Seif must be held liable for rigging in gold and currency markets. Mohammad Hassannejad, a member of Iranian Parliament’s Economic Commission, said that the former governor of the Central Bank of Iran (CBI) Valiollah Seif must be held responsible for riggings in the […]

TEHRAN- Governor of the Central Bank of Iran (CBI) Valiollah Seif announced about official inauguration of secondary foreign exchange market on Wednesday, IRNA quoted him as saying on the sidelines of the cabinet meeting. The secondary market will allow exporters of non-oil commodities to sell their foreign currency earnings to importers of consumer products at […]

TEHRAN- Iran will set up a secondary currency market by the next week, Central Bank of Iran (CBI) Governor Valiollah Seif announced on Monday. The decision was made as the Iranian rial plunged to a record low against the U.S. dollar in the unofficial market on Sunday, Tasnim news agency reported. A detailed plan has […]

Valiollah Seif, the Governor of the Central Bank of Iran said on Sunday that despite US withdrawal from the nuclear deal, Europeans are trying to keep Iran in the deal and compensate for the damages caused by Americans, as they have kept their central banks in touch with Iran. “The contacts between the central banks […]

The United States on Tuesday imposed sanctions on Iran’s central bank governor, Valiollah Seif, and Iraq-based Al-Bilad Islamic Bank for “moving millions of dollars” for Iran’s Revolutionary Guard Corps, as Washington seeks to cut off funding for what it claims is “Iran’s malign activities in the Middle East.” US Treasury Secretary Steven Mnuchin claimed Seif covertly […]

Governor of the Central Bank of Iran (CBI) Valiollah Seif said that banking ties between Iran and Croatia will be expanded. Speaking in his meeting with Martina Dalić, Deputy Prime Minister of Croatia and Minister of Economy, Small and Medium Entrepreneurship and Crafts, Seif pointed to the strong determination of governments of the two countries for promoting bilateral trade ties […]

TEHRAN – A lawmaker announced on Tuesday that 163 members of the parliament in a letter to President Rouhani have called for the dismissal of central bank governor Valiollah Seif. By pointing the fall of the rial, the MPs have said Seif has been unable to control the foreign currency market, Javad Abtahi was quoted […]

TEHRAN- In a meeting with the Central Bank of Iran (CBI) Governor Valiollah Seif, the Swiss Ambassador to Tehran Marcos Lightner expressed his country’s eagerness for the expansion of banking ties with the Islamic Republic. He also said that they are encouraging their banks for more cooperation with the Iranian banks, the portal of CBI […]

Central Bank of Iran (CBI) Governor Valiollah Seif stressed that price of foreign currency will decrease in coming days, and advised people not to buy dollars as an investment. Speaking reporters on the sidelines of Electronic Banking Conference, Valiollah Seif stressed that the exchange rate will certainly decrease over the coming days because the central […]