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Iran Working to Free Luxembourg Assets

EghtesadOnline: Following news that Iran's assets in Luxembourg have been frozen by a court, a senior Iranian official said on Tuesday lawyers with the Central Bank of Iran are currently consulting Luxembourg lawyers "for us to be able to have access to the funds".
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Publish Date:08/March/2017 | 06:27

Banking Bills Under Review

EghtesadOnline: The government has not stopped reviewing the two banking reform bills, said the vice governor of the Central Bank of Iran rejecting earlier claims about the bills being returned to the CBI.
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Publish Date:07/March/2017 | 13:20

CBI: Smaller Banknotes Coming

EghtesadOnline: The Central Bank of Iran plans to print banknotes in smaller sizes, the director of CBI’s Office for Banknote Issuance said.
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Publish Date:06/March/2017 | 15:58

Iran’s Fintech Association Launched

EghtesadOnline: A group of Iranian fintech companies has formed Iran’s Fintech Association, soon after the Central Bank of Iran put forward the idea.
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Publish Date:06/March/2017 | 15:57

Banking Bills Encounter Hurdles in Cabinet

EghtesadOnline: President Hassan Rouhani’s Cabinet has redirected the two major banking bills aimed at reforming the Iranian banking system to the Central Bank of Iran , announced a member of the bank’s Fiqh Council.
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Publish Date:05/March/2017 | 16:33

Iran, Pakistan to Settle Claims Through CBs

EghtesadOnline: State Bank of Pakistan Governor Ashraf Mahmood Wathra has said SBP and the Central Bank of Iran will sign an agreement soon that will allow Pakistani and Iranian exporters to settle their claims through these banks.
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Publish Date:05/March/2017 | 16:32

Pakistan, Iran central banks to sign accord soon

EghtesadOnline: State Bank of Pakistan (SBP) Governor Ashraf Mahmood Wathra has revealed that a cabinet committee has approved an agreement between the SBP and Central Bank of Iran that will be signed soon, The Express Tribune reported.
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Publish Date:05/March/2017 | 05:48

MasterCard not have any direct links with Iran

EghtesadOnline: MasterCard does not have any direct links with Iran due to the primary sanctions still in place, said the Central Bank of Iran ’s head of Communications and Information Technology Department.
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Publish Date:04/March/2017 | 05:44

Money Supply Surges 26%

EghtesadOnline: Money supply has reached 11,966 trillion rials ($316.5 billion) by January 19, 2017, to mark a 26% surge compared with the same period of last year, said the Central Bank of Iran ’s governor.
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Publish Date:28/February/2017 | 16:36

Central Bank: PPI Inflation at 4.5%

EghtesadOnline: The average Producer Price Index in the 12-month period ending February 18, which marks the end of the Iranian month of Bahman, reached 4.5% compared with last year’s corresponding period, according to the latest report of the Central Bank of Iran .
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Publish Date:27/February/2017 | 15:35

Tehran House Sales Slump in February

EghtesadOnline: Realtors in Tehran recorded 15,600 residential real-estate deals during the 11th month of the Iranian fiscal year (ended February 18), indicating a 4.5% drop compared with the same period of last year.
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Publish Date:27/February/2017 | 15:27

Iran Gov't Declares Auto Tax Earnings

EghtesadOnline: The Central Bank of Iran has released the government's income from taxes in the automotive sector for the nine-month period ending December 20, 2016.
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Publish Date:26/February/2017 | 24:56

Inflation Accelerates

EghtesadOnline: The Central Bank of Iran reported an average inflation rate of 8.73% for the 12 months to February 18 (the end of the Iranian month of Bahman), indicating the first major rise since June 2015.
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Publish Date:26/February/2017 | 24:14

CBI Puts Inflation at 8.7%

EghtesadOnline: The average goods and services Consumer Price Index for urban areas in the 12 months ending February 18, which marks the end of the Iranian month of Bahman, reached 8.7% compared with last year’s corresponding period.
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Publish Date:25/February/2017 | 13:55

Iran, Malaysia to boost trade cooperation in local currency

EghtesadOnline: Deputy Governor of Central Bank of Iran (CBI) for foreign exchange affairs Gholamali Kamyab stressed the need for promoting trade using local currencies in a meeting with his Malaysian counterpart, saying that CBI’s current policy is to facilitate transactions through domestic currencies.
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Publish Date:25/February/2017 | 10:23

CBI's Criteria for Foreign Banks in Free Trade Zones

EghtesadOnline: Since three years ago, the Central Bank of Iran has endeavored to simplify the process of establishing foreign banks in free trade zones in line with economic policies, the secretary-general of CBI said.
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Publish Date:21/February/2017 | 14:28

CBI Forex Asset Revaluation to Help Augment Bank Lending

EghtesadOnline: A member of Tehran Chamber of Commerce, Industries, Mines and Agriculture has welcomed the government’s measure to revaluate the Central Bank of Iran ’s foreign exchange assets to increase the lending power of banks, saying the move had been a “last resort” to make up for lenders’ capital shortage.
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Publish Date:20/February/2017 | 15:52

Banks Rapped Over Penalty Waiver

EghtesadOnline: A member of Majlis Economic Commission has criticized the poor execution of a Central Bank of Iran directive by the banking network.
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Publish Date:19/February/2017 | 14:47

CBI chief: No frozen assets of Iran in Oman

EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif explained his recent negotiations with Omani banking officials during his recent visit of President Hassan Rouhani to that country, saying the two countries will sign a memorandum of understanding (MoU) soon.
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Publish Date:18/February/2017 | 13:12