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Lending Is Prioritized for Contract Farming

EghtesadOnline: The Central Bank of Iran has instructed lenders to apportion at least 20% of their loans to the agriculture sector through supply chain finance (SCF) and the contract farming scheme.
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Publish Date:10/September/2022 | 21:35

M1 Growth Surging

EghtesadOnline: Value of money, or M1, stood at 11,820 trillion rials ($39.4 billion), up 57.6% by end of fourth calendar month to July 22. It rose 19.8% in four months since the beginning of fiscal year in late March.
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Publish Date:10/September/2022 | 16:31

Tax on POS Transactions Mandatory

EghtesadOnline: The law to tax transactions conducted via point-of-sale (POS) machines will come into force from the next calendar month starting Jan. 20, the Central Bank of Iran vice governor for IT affairs said.
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Publish Date:26/December/2020 | 14:18

CBI Resilient Amid Mounting US Pressure, Says Hemmati

EghtesadOnline: The Central Bank of Iran ’s monetary and forex policy is resilient and has resisted the perpetual hostility and economic sanctions of the United States, the bank’s governor said.
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Publish Date:31/August/2020 | 09:17

BMI Told to Open Accounts for Foreign Investors

EghtesadOnline: The Central Bank of Iran on Sunday tasked the state-owned Bank Melli Iran to open accounts for foreign investors seeking residence permit.
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Publish Date:01/June/2020 | 11:37

Central Bank of Iran Asks IMF to Uphold Its Mandate

EghtesadOnline: The CBI's governor says Iran is determined to use its legal right for receiving a loan from the International Monetary Fund to fight the coronavirus pandemic.
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Publish Date:11/April/2020 | 15:54

Iran: Currency, Gold Descend After Big Leaps

EghtesadOnline: Foreign exchange rates and gold coin prices fell on Saturday following Central Bank of Iran measures to moderate rates after a week of high volatility.
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Publish Date:01/March/2020 | 10:59

Tehran Housing Upturn Endures

EghtesadOnline: Latest data released by the Central Bank of Iran show Tehran's housing market continues to pick up, leaving behind a long spell of inflationary recession.
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Publish Date:29/February/2020 | 07:06

Currency Rates Climb in Tehran for 3rd Straight Day

EghtesadOnline: The rial extended a losing streak against major currencies for the third day on Wednesday, pushing the Central Bank of Iran to intervene in the market to restore some semblance of calm.
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Publish Date:29/February/2020 | 07:04

Banks Debt to CBI Down 25%

EghtesadOnline: Debs of banks and credit institutions to the Central Bank of Iran declined 25.6% year-on-year to Dec. 21.
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Publish Date:29/February/2020 | 06:58

Iran’s External Debt $9 Billion

EghtesadOnline: Iran’s total external debt was $9.05 billion by the end of ninth calendar month (Dec. 21, 2019) of the current fiscal year, according to the Central Bank of Iran data.
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Publish Date:16/February/2020 | 10:16

Money Supply Skyrocketing

EghtesadOnline: Liquidity in Iran crossed 22,623 trillion rials ($165 billion, calculated as per 137,000 rials to a dollar) at the end of the third Iranian quarter (Dec 21), the Central Bank of Iran reported.
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Publish Date:15/February/2020 | 13:03

Iran's CB Discounts Effect of FATF Ruling on Forex Market

EghtesadOnline: Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.
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Publish Date:10/February/2020 | 24:16

Iran: No More Subsidized Foreign Currency for Sugar Imports

EghtesadOnline: The government will no longer allocate subsidized foreign currency for sugar import, as per the letter forwarded to the Central Bank of Iran by the Ministry of Industries, Mining and Trade.
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Publish Date:02/February/2020 | 24:29

Iran's CB Chief: Swiss Payment Mechanism Inadequate

EghtesadOnline: The governor of the Central Bank of Iran said Switzerland's payment mechanism unveiled this week for delivering humanitarian supplies to Iran is not enough, as it does not cover bank transactions.
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Publish Date:01/February/2020 | 24:16

Bad Checks Rise 3% in 1 Month

EghtesadOnline: A total of 667,000 checks worth 104 trillion rials ($779 million) bounced during the calendar month to December 21, the Central Bank of Iran reported.
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Publish Date:27/January/2020 | 24:58

Banks Deposits in Iran Rise to $182b

EghtesadOnline: Banks customers had 23,725.6 trillion rials ($182.5 billion) in deposits with banks and credit institutions by the end of the seventh month of the current fiscal year (October 22), according to the Central Bank of Iran .
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Publish Date:25/January/2020 | 24:23