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Committee to Survey Manufacturing Units

EghtesadOnline: Members of the Money and Credit Council, a high-level financial decision-making body with the Central Bank of Iran , in its latest meeting decided to form a committee with the specific aim of surveying the conditions of manufacturing units across the country.
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Publish Date:25/January/2018 | 10:46

Seif Gives Assurance to Forex Market

EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif assured markets on Monday that the big rally in foreign exchange rates is temporary and that the market will cool off.
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Publish Date:24/January/2018 | 09:49

Iran H1 Economic Growth at 4.5% (Mar-Sep 2017)

EghtesadOnline: Iran’s economy grew by 4.5% during the first half of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period, the latest report released by the Central Bank of Iran announced.
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Publish Date:21/January/2018 | 11:54

High-Level Banking Talks Between Iran, Turkey

EghtesadOnline: Top officials from the Central Bank of Iran and Turkey along with senior bankers met in Tehran on Sunday to discuss new ways of developing banking relations between the two neighboring states.
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Publish Date:21/January/2018 | 09:52

Private Sector Housing Investment Rises

EghtesadOnline: The volume of investments made by the private sector in Tehran’s ailing housing sector in the first half of the current fiscal year to Sept. 22 has registered a 34.8% increase compared with the same period of last year, the governor of the Central Bank of Iran announced.
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Publish Date:21/January/2018 | 09:49

Export Price Index on the Rise

EghtesadOnline: The export price index for the ninth month of the Iranian calendar (Nov. 22-Dec. 21) stood at 285.9, registering a 3.4% increase compared to the preceding month and a 12.1% rise compared with last year’s corresponding period, the Central Bank of Iran ’s latest data show.
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Publish Date:21/January/2018 | 09:39

Private Sector Access to Foreign Funds Assured

EghtesadOnline: Getting a share of foreign credit lines is easier for private-sector companies as, unlike state projects, they do not require a license from the Economy Council, said the Central Bank of Iran ’s deputy heading the Department for Foreign Exchange Credits.
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Publish Date:21/January/2018 | 09:37

Services Grab Lion's Share of Bank Loans

EghtesadOnline: The services sector has received the biggest share of all bank credits allocated in the first nine months of the current fiscal year to Dec. 21, the latest data published by the Central Bank of Iran show.
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Publish Date:21/January/2018 | 09:03

CBI to Revamp Mobile Banking

EghtesadOnline: The Central Bank of Iran is focused on creating new models of payments involving mobile phones and boost the security of existing ones, the head of the bank's Payment Systems Department said.
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Publish Date:21/January/2018 | 08:55

Iran Seeks $4.9b in Luxembourg Lawsuit

EghtesadOnline: Iran’s central bank has filed a suit in Luxembourg against Deutsche Boerse’s Clearstream unit seeking to recover $4.9 billion in assets plus interest, the German stock exchange operator said on Thursday.
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Publish Date:21/January/2018 | 08:52

Poverty Line Remains Elusive in Iran

EghtesadOnline: A study by the Institute for Management and Planning Studies supervised by chief economist Masoud Nili culled 975 figures as the poverty line from official and unofficial sources in 41 reports released by the Statistical Center of Iran and the Central Bank of Iran as well as independent research centers.
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Publish Date:21/January/2018 | 08:47

Capital Market Guarantees Unacceptable

EghtesadOnline: In its latest directive to the banking system, the Central Bank of Iran has obliged all banks and credit institutions to refrain from accepting any kind of guarantees from financial entities active in the capital market and under the supervision of the Securities and Exchange Organization, including brokerage firms.
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Publish Date:15/January/2018 | 13:05

Iran Gov’t Seeking New Revenues to Cover Budget Deficit

EghtesadOnline: The government has a record of running budget deficits. Latest statistics by the Central Bank of Iran show the budget deficit over the first seven months of the current fiscal year (March 21-Oct. 22) stood at 223.9 trillion rials ($5.3 billion).
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Publish Date:14/January/2018 | 13:54

Oil Products, Minerals Boost EPI

EghtesadOnline: The export price index stood at 275.9 in the eighth Iranian month of Aban (Oct. 23-Nov. 21), registering a 5.7% increase compared with the preceding month and a 26.4% rise compared to last year’s corresponding period, the Central Bank of Iran ’s latest data show.
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Publish Date:14/January/2018 | 13:50

Egg Prices Begin to Slide

EghtesadOnline: Egg prices decreased by 14.3% and reached 126,000-180,000 rials ($2.8-4.1 based on Monday’s exchange rates) during the week to January 5 compared with the previous week, the Central Bank of Iran announced.
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Publish Date:14/January/2018 | 24:10

CBI Pushing Ahead With Disinflationary Policies

EghtesadOnline: Vice Governor of the Central Bank of Iran Akbar Komijani reviewed the latest developments in the Iranian economy, saying that the administration plans to curb the inflation rate even further.
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Publish Date:14/January/2018 | 11:25

Iran Payment Transaction Fees Up for Overhaul

EghtesadOnline: Comprehensive policies that will allow for fees to be obtained from people on payment transactions made with retail point of sale devices will be finalized by the end of the current fiscal year in March 2018, but the implementation of the plan is still some time away, the deputy for innovative technologies at the Central Bank of Iran said.
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Publish Date:14/January/2018 | 11:18

1st Forex ETF in Final Stages

EghtesadOnline: Regulations to establish the capital market's first foreign currency exchange-traded fund have been devised, but its launch is pending a final agreement between the Central Bank of Iran and banks, the head of the Securities and Exchange Organization announced.
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Publish Date:14/January/2018 | 11:12

Tehran-Moscow Bank Card Integration Delayed

EghtesadOnline: The much-touted scheme to integrate the payment systems of Iran and Russia has been slowed in the past couple of months due to lengthy negotiations, the head of Central Bank of Iran ’s Payment Systems Department announced.
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Publish Date:14/January/2018 | 11:11

Dramatic Rise in Egg Prices

EghtesadOnline: Egg prices marked a 9% hike during the week to Dec. 22 compared to the previous week and a 53.7% rise compared with last year’s corresponding week, reaching 126,000-175,000 rials ($3-4.1) for each tray of 30 eggs, a report by the Central Bank of Iran announced.
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Publish Date:14/January/2018 | 11:10