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Currency Revaluation a Two-Year Process

EghtesadOnline: Executing currency revaluation in Iran by removing one or more zeroes from the rial will require conditions that will not materialize for at least another two years, the governor of the Central Bank of Iran said.
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Publish Date:03/April/2017 | 09:14

Currency Revaluation a Two-Year Process

EghtesadOnline: Executing currency revaluation in Iran by removing one or more zeroes from the rial will require conditions that will not materialize for at least another two years, the governor of the Central Bank of Iran said.
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Publish Date:03/April/2017 | 09:14

Judge rules freezing of Iran’s EU assets legal

EghtesadOnline: A judge at Luxembourg's district court has reportedly ruled that a last year verdict to freeze the assets of the Central Bank of Iran (CBI) in the country was legal.
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Publish Date:25/March/2017 | 09:10

Judge rules freezing of Iran’s EU assets legal

EghtesadOnline: A judge at Luxembourg's district court has reportedly ruled that a last year verdict to freeze the assets of the Central Bank of Iran (CBI) in the country was legal.
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Publish Date:25/March/2017 | 09:10

Gov’t Revenues Top $27b in 10 Months

EghtesadOnline: The government earned 1,032 trillion rials ($27.5 billion) during the first 10 months of the current Iranian year (March 20, 2016-Jan. 19, 2017), according to the Central Bank of Iran ’s latest report.
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Publish Date:13/March/2017 | 24:44

Gov’t Revenues Top $27b in 10 Months

EghtesadOnline: The government earned 1,032 trillion rials ($27.5 billion) during the first 10 months of the current Iranian year (March 20, 2016-Jan. 19, 2017), according to the Central Bank of Iran ’s latest report.
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Publish Date:13/March/2017 | 24:44

Gov't Accounts Moving to Central Bank

EghtesadOnline: President Hassan Rouhani's executive order to transfer all government accounts to the Central Bank of Iran will be completed next year, the director of CBI's Office for Banknote Issuance said.
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Publish Date:12/March/2017 | 14:37

Licensed Exchange Houses Reach 419

EghtesadOnline: The Central Bank of Iran has updated its list of bureaux de change officially allowed to operate in the market.
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Publish Date:11/March/2017 | 16:36

CBI, KPMG Review IFRS Adoption

EghtesadOnline: The Central Bank of Iran hosted a meeting to analyze obstacles to the implementation of the International Financial Reporting Standards.
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Publish Date:09/March/2017 | 17:12

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