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Iran Chamber of Commerce Demands Responsive and Responsible Banking Sector

EghtesadOnline: The head of Iran Chamber of Commerce, Industries, Mines and Agriculture called on the government and the Central Bank of Iran to improve oversight of the cumbersome banking system and move it toward the "productive" sectors of the economy.
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Publish Date:22/October/2018 | 09:55

A Review of Iran's Export Price Changes (Mar-Aug 2018)

EghtesadOnline: Iran's average export price index stood at 674.4 in the fifth month of the current fiscal year (July 23-Aug. 22), registering a 22.1% increase compared with the preceding month and a 180.4% rise compared with last year’s corresponding month, the Central Bank of Iran ’s latest data show.
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Publish Date:10/October/2018 | 11:39

Central Bank of Iran Puts Producer Inflation at 44.4% (Sep 2018)

EghtesadOnline: An increase of 44.4% was registered in the Producer Price Index in the Iranian month of Shahrivar (Aug. 23-Sept. 22) compared with the similar month of last year, the latest report of the Central Bank of Iran announced.
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Publish Date:10/October/2018 | 11:32

Iran Allocates $3b Pharmaceutical Imports

EghtesadOnline: The Central Bank of Iran governor Abdolnaser Hemmati said more than $3 billion has been earmarked for the import of pharmaceuticals since the beginning of the current fiscal in March, IBENA reported on Monday.
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Publish Date:10/October/2018 | 05:43

Central Bank of Iran Gives More Latitude to Money Changers

EghtesadOnline: The Central Bank of Iran on Wednesday allowed currency exchange houses to sell hard currency up to €5,000 to anyone wanting to buy as the bank struggles to stabilize the foreign exchange market.
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Publish Date:08/October/2018 | 09:13

Surge in Tehran Home Prices Continues While Deals Fall: H1 2018

EghtesadOnline: Home prices in Tehran soared while the number of property deals significantly declined during the sixth month of the current Iranian year that ended on Aug. 22, the Central Bank of Iran announced.
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Publish Date:30/September/2018 | 05:45

Iran: Foreign Currency Accounts Exceed $10m

EghtesadOnline: The value of foreign currency accounts in local banks has exceeded $10 million, following increasing public interest in such accounts, the Central Bank of Iran reported on Thursday.
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Publish Date:29/September/2018 | 05:45

Iran: Housing Loans Rise 35% (Mar-Aug 2018)

EghtesadOnline: The total volume of loans allocated to Iran's housing and construction sector by banks and credit institutions during the first five months of the current fiscal year that ended on Aug. 22 jumped by 35%, according to data newly released by the Central Bank of Iran .
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Publish Date:29/September/2018 | 05:44

Iranian Banks Lend $16.8 Billion in 5 Months

EghtesdaOnline: Banks and credit institutions allocated 2.4 quadrillion rials ($16.82 billion) to various sectors during the first five months of the current fiscal that ended on August 22, the Central Bank of Iran said.
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Publish Date:25/September/2018 | 06:08

Central Bank of Iran Issues AGM Permits for 20 Lenders

EghtesadOnline: The Central Bank of Iran issued 20 permits as of Saturday for banks and credit institutions to hold their annual general meetings for the previous financial year that ended in March.
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Publish Date:24/September/2018 | 05:37

Support for Forex Measures

EghtesadOnline: The head of Competition Council welcomed efforts made by the Central Bank of Iran to stabilize the currency market, saying CBI has taken positive measures to improve the conditions under the current circumstances facing the economy and the country.
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Publish Date:23/September/2018 | 05:56

Iran Government's Departure Tax Revenues Up 117 Percent

EghtesadOnline: The government earned 3 trillion rials ($24 million) from departure tax in the first four months of the current year (March 21-July 22). The figure indicates a rise of 177.2% compared with the same period of last year, the latest data released by the Central Bank of Iran show.
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Publish Date:18/September/2018 | 11:42

3 CBI Officials to Leave

EghtesadOnline: Following the recent passage of the law banning the employment of retired people in state bodies, three deputies at the Central Bank of Iran are set to leave.
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Publish Date:18/September/2018 | 06:16

CBI Reports Changes in Food Retail Prices

EghtesadOnline: The Central Bank of Iran has released a new report on the retail prices of food items for the week ending Sept. 7.
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Publish Date:16/September/2018 | 05:32

Support for New CBI Measures

EghtesadOnline: Former governor of the Central Bank of Iran , Tahmasb Mazaheri, has welcomed the action taken by CBI in establishing the Secondary Forex Market, adding that by doing this, the bank has accepted the “reality” of the market.
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Publish Date:16/September/2018 | 05:20

Central Bank of Iran Censured Over Policy Inconsistency

EghtesadOnline: Members of Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Board of Representatives convened on Tuesday to discuss the latest status of the economy, particularly the anguish caused by the recent currency crisis.
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Publish Date:12/September/2018 | 06:10

Iranian Banks Urged to Help Control Liquidity

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati late Monday met with chief executives of banks and credit institutions to evaluate the country’s monetary and banking developments and discuss the reformative role of banks in creating market stability.
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Publish Date:12/September/2018 | 06:08

Tehran Stocks' Official Welcomes Economy Ministry, Central Bank Revamping

EghtesadOnline: The restructuring and changes in the management of the Ministry of Economic Affairs and Finance and the Central Bank of Iran have provided the opportunity to expand the capital market, vice chairman of the board of directors of Tehran Stock Exchange, Mahmoud Reza Khajehnassiri, said.
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Publish Date:12/September/2018 | 06:06

Currency Repatriation Rules Notified

EghtesadOnline: The Central Bank of Iran notified a directive on Monday, elaborating on rules based on which exporters are required to bring back their export earnings into the “economic cycle” of the country.
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Publish Date:11/September/2018 | 06:33

New CBI Entities Approved

EghteasadOnline: Members of Majlis Economic Commission on Sunday approved the formation of new specialized committees within the Central Bank of Iran for reviewing articles related to long-awaited bank reforms.
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Publish Date:11/September/2018 | 06:28