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Static Password Services Expire on Jan. 25

EghtesadOnline: Central Bank of Iran announced Tuesday that lenders will stop offering payment services via the conventional static passwords as of next week that starts on Saturday.
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Publish Date:22/January/2020 | 11:00

Time’s Up for Unrelenting Exporters

EghtesadOnline: A list of 150 companies that failed to repatriate their export revenues has been sent to the judiciary, head of Iranian Export Confederation said, noting that the deadline of the Central Bank of Iran for the repatriation has expired.
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Publish Date:22/January/2020 | 10:43

Bad Checks Under Scrutiny

EghtesadOnline: The Central Bank of Iran in a directive has ordered banks and credit institutions to send it the names of the checkbook holders who have had more than 20 bounced checks times.
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Publish Date:21/January/2020 | 13:12

Veteran Bankers Defy Iran's New Banking Bill

EghtesadOnline: A group of banking experts, including former governors of Central Bank of Iran , has criticized provisions of a new banking bill as ambiguous, impractical and lacking informed analysis.
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Publish Date:21/January/2020 | 24:45

CBI Chief Downplays Swiss Payment Mechanism

EghtesadOnline: The Central Bank of Iran has made available $4 billion in foreign currency to importers of medicine and medical equipment in the last ten months.
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Publish Date:05/February/2020 | 11:49

Iran's CB: Taming Inflation Is a Top Priority

EghtesadOnline: Having accomplished one goal of bringing a semblance of stability to currency market, the Central Bank of Iran will now concentrate on controlling inflation, the governor said.
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Publish Date:20/January/2020 | 13:13

Iran: New Scheme Unveiled to Boost Manufactures

EghtesadOnline: The Central Bank of Iran ’s new scheme to fund manufactures, known as Productive Credit Certificate, was launched Tuesday at the central branch of Bank Melli Iran.
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Publish Date:05/February/2020 | 11:54

Central Bank of Iran Commences Open Market Operation

EghtesadOnline: The first transactions were reported under the newly unveiled Open Market Operation on Saturday when 10,000 treasury bills were traded between the Central Bank of Iran and a bank in need of liquidity, an Iran Fara Bourse official said.
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Publish Date:19/January/2020 | 24:05

Hemmati Defends Currency Control Policy

EghtesadOnline: Governor of the Central Bank of Iran says the bank has had at its disposal few policy options to address problems that have plagued the economy for years and came to the surface after the US imposed new sanctions in late 2018.
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Publish Date:18/January/2020 | 24:30

Iran's CB Adjusts Cap on Future Regulated Forex Market

EghtesadOnline: With the aim to facilitate trade in the anticipated regulated foreign exchange market, the Central Bank of Iran raised the ceiling of planned daily forex trade fivefold.
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Publish Date:15/January/2020 | 10:54

Iran's CB: Open Market Operation Set in Motion

EghtesadOnline: The Central Bank of Iran officially started open market operations as part of its monetary policy to curb inflation, control interest rates in the interbank market and manage liquidity.
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Publish Date:12/January/2020 | 11:09

CBI Says Will Calm Currency Market

EghtesadOnline: Currency rates again pushed upwards on Tuesday, amid heightened political tensions in the region, but the Central Bank of Iran was quick to announce that there is no need for anxiety.
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Publish Date:08/January/2020 | 11:14

State Financial Support for Smartphone Production

EghtesadOnline: The Central Bank of Iran and Post Bank of Iran, affiliated to ICT Ministry, will invest 2 trillion rials ($14.8 million) in the domestic production of smartphones to curb dependence on foreign suppliers.
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Publish Date:05/January/2020 | 05:54

OTP and a New Opportunity for E-Wallets

EghtesadOnline: Rules announced by the Central Bank of Iran to make one-time password obligatory can help foster the business of e-wallet startups, says a board member of Tehran Chamber of Commerce.
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Publish Date:01/January/2020 | 11:25

Iran: Bank Deposits Rise 30% in 1 Year

EghtesadOnline: Deposits with Iranian banks and credit institutions have been rising over the past year to reach 23,493.9 trillion rials ($181.4 billion as per current exchange rates) by the end of sixth calendar month to September 22, according to Central Bank of Iran .
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Publish Date:30/December/2019 | 24:37

Central Bank of Iran Makes Case for Joining FATF

EghtesadOnline: The central bank governor says Iran’s key trading partners have sent notice to the effect that Iran’s inclusion in the Financial Action Task Force’s blacklist would have dire consequences.
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Publish Date:28/December/2019 | 13:08

Exporters Decry Iran's CB Inaction Over Forex Repatriation Rules

EghtesadOnline: Central Bank of Iran ’s conditions on non-oil exporters to repatriate their currency earnings has been criticized yet again by exporting countries after they reportedly received export ban warnings from lenders.
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Publish Date:28/December/2019 | 24:46

Iranian Exporters Repatriate €12b in 9 Months

EghtesadOnline: Exporters of non-oil goods repatriated more than €12.1 billion ($13.4 billion) of their overseas earnings to the country since the beginning of the current fiscal year in mid-March, the Central Bank of Iran reported.
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Publish Date:22/December/2019 | 24:35

Growth in Iran's Electronic Banking

EghtesadOnline: The Central Bank of Iran 's press release indicates considerable growth in operations of key electronic banking platforms during the first half (March-Sept. 2019) of the current fiscal year.
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Publish Date:21/December/2019 | 11:56