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Seif: Unified USD Rate Not Fixed

EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif said the drastic decision by the government to unify the US dollar’s rate does not mean that a fixed exchange rate system would be at work, as the rate would “fluctuate with market mechanisms”.
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Publish Date:15/April/2018 | 09:58

Iran Liquidity Exceeds $350 Billion

EghtesadOnline: Iran's liquidity exceeded 14.89 quadrillion rials ($354.52 billion) by the end of the 11th month of the previous fiscal year to Feb. 19, latest data released by the Central Bank of Iran show.
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Publish Date:11/April/2018 | 05:36

Iran Parliament Briefed on Unified Forex Rates

EghtesadOnline: The Central Bank of Iran 's Governor Valiollah Seif answered heated questions during an appearance in the latest open session of the parliament after the government announced late Monday that it has unified foreign exchange rates and the US dollar will be offered to all at 42,000 rials in response to the worst currency crisis hitting the country in more than five years.
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Publish Date:11/April/2018 | 05:30

CBI Puts Q1-3 Growth at 3.4%

EghtesadOnline: Iran's gross domestic product grew 3.4% during the first three quarters of the current fiscal year (March 21-Dec. 21, 2017) compared with last year's corresponding period, according to the Central Bank of Iran 's report released on Sunday.
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Publish Date:10/April/2018 | 06:28

Iranian Year Ends With Single Digit Inflation

EghtesadOnline: The average goods and services Consumer Price Index for urban areas in the 12 months ending March 20, which marks the end of the last Iranian month of Esfand, increased by 9.6% compared with last year’s corresponding period, according to the latest report released by the Central Bank of Iran .
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Publish Date:10/April/2018 | 06:17

Iran's Export Prices Index Sees 33.5% YOY

EghtesadOnline: Iran’s Export Price Index stood at 323.1 in the 11th Iranian month of Bahman (Jan. 21-Feb. 19), registering a 7.5% increase compared to the preceding month and a 33.5% rise compared with last year’s corresponding period, the Central Bank of Iran ’s latest data show.
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Publish Date:10/April/2018 | 05:44

CBI Import Allocations Rise on Growing Banking Ties

EghtesadOnline: The Central Bank of Iran allocated $48 billion in hard currency for imports during the last fiscal year that ended on March 20, 2018, according to its governor, who put it down to new openings in banking ties with other countries.
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Publish Date:09/April/2018 | 05:02

No More Cheap Currency for Iranian Students

EghtesadOnline: The Central Bank of Iran has eliminated another use of foreign currencies at official rates, announcing through a directive that as of the beginning of the current fiscal year on March 21, students are only allowed to take $15,000 out of the country through selected agent banks–Tejarat and Saman–and on the basis of free market rates.
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Publish Date:09/April/2018 | 04:57

Iran's New Import Measures Outlined

EghtesadOnline: The Central Bank of Iran has released new details about its decision to impose forex exchange controls on imports from Turkey, China, South Korea and India.
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Publish Date:08/April/2018 | 09:18

Banks Faring Well

EghtesadOnline: The Iranian Association of Private Banks and Credit Institutions has released a statement, assuring the public that banks and credit institutions are well-regulated by the Central Bank of Iran .
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Publish Date:08/April/2018 | 08:54

Checks Valued at $15 Billion Exchanged in 1 Month

EghtesadOnline: The Central Bank of Iran has disclosed the latest statistics on the number and value of bank checks, which indicate a monthly rise and yearly decrease in the number and value of bounced checks.
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Publish Date:08/April/2018 | 08:49

CBI Focusing on Foreign Investments

EghtesadOnline: The Central Bank of Iran attracted billions of dollars in foreign investments in the last fiscal year that ended on March 20 and it will continue to focus on absorbing foreign funds this year, its governor said, as he outlined his bank’s measures for realizing this goal.
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Publish Date:08/April/2018 | 08:34

Tehran Home Sales Up 11.8%

EghtesadOnline: The number of home sales in Tehran during the 12 months to March 20 surpassed 181,200, marking a year-on-year increase of 11.8%, data released by the Central Bank of Iran show.
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Publish Date:08/April/2018 | 08:33

Reshuffle at CBI

EghtesadOnline: The governor of the Central Bank of Iran on Tuesday made several appointments as he enters his fifth and the final year of his term.
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Publish Date:08/April/2018 | 08:27

Central Bank: Iran PPI Inflation at 10.5%

EghtesadOnline: The average Producer Price Index in the 12 months ending March 20, which marks the end of the Iranian month of Bahman and the last Iranian year, increased by 10.5% compared with last year’s corresponding period, the latest report of the Central Bank of Iran showed.
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Publish Date:08/April/2018 | 08:03

Forex Deposit Rules Updated

EghtesadOnline: The latest update of regulations concerning foreign currency deposits in banks has been released by the Central Bank of Iran , according to which banks are required to return the original amount of the deposit plus its interest in hard currency to the customer upon demand.
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Publish Date:18/March/2018 | 10:06

84% of State Accounts Transferred to CBI

EghtesadOnline: The Central Bank of Iran ’s latest report on the transfer of state accounts to CBI has shown that 84% of the designated entities have participated in the scheme that promises more transparency and discipline in public finances.
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Publish Date:17/March/2018 | 07:54

Banks Extend Loans Worth $106 Billion in 11 Months

EghtesadOnline: The Central Bank of Iran has released its latest report on loans allocated by lenders, which show that the services sector again attracted the highest share while a majority of loans were doled out for providing working capital.
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Publish Date:17/March/2018 | 07:47

All-Out Growth in Iran Interbank Market

EghtesadOnline: The Central Bank of Iran has released its latest data on the country's interbank market, indicating that it has registered growth both in terms of the number and value of deals.
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Publish Date:17/March/2018 | 07:33