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Banks in Iran Record Double Digit Growth in Deposits

EghtesadOnline: Total deposits with Iranian banks and credit institutions stood at 21,311.2 trillion rials ($190.27 billion) at the end of the second calendar month to May 21, according to a report by the Central Bank of Iran .
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Publish Date:27/August/2019 | 10:17

Bad Checks Pile Up in Iran

EghtesadOnline: Local banks saw a significant rise in the volume of bounced checks during the last calendar month ending July 22, according to the latest reports published on the Central Bank of Iran website.
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Publish Date:18/August/2019 | 24:36

Hemmati Supports Toman Against Rial

EghtesadOnline: Governor of the Central Bank of Iran says lopping off four zeros from the national currency will not impose additional costs on the government regarding printing banknotes.
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Publish Date:07/August/2019 | 24:21

Regulated Forex Market to Open August 12

EghtesadOnline: The regulated foreign exchange market will be launched on August 12 to coincide with the annual feast of Eid al-Adha (Eid- e- Qorban in Iran), the governor of the Central Bank of Iran said Saturday.
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Publish Date:29/July/2019 | 10:49

Errant Exporters Repatriate $20b Instead $40b

EghtesadOnline: July 22 was the end of a deadline set by the Central Bank of Iran for non-oil exporters to repatriate their currency earnings during the last fiscal year (March 2018-19) to the country.
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Publish Date:27/July/2019 | 11:48

Central Bank of Iran Reports Growth in Deposits, Loans

EghtesadOnline: A report on loans made by and deposits with banks and credit institutions says total deposits stood at 20,825 trillion rials ($173 billion) at the end of the first calendar month to April 20.
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Publish Date:23/July/2019 | 09:52

Checks Worth $7.3b Drawn in 1 Month

EghtesadOnline: Data released by the Central Bank of Iran show that more than 6.5 million checks worth 842 trillion rials ($7.32 billion) were exchanged in the third month of the current fiscal year to June 21.
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Publish Date:20/July/2019 | 10:55

Hemmati Holds Talks in Ankara

EghtesadOnline: Governor of the Central Bank of Iran and the accompanying delegation arrived in Ankara on Thursday for talks on improving banking and monetary cooperation.
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Publish Date:20/July/2019 | 10:31

Currency, Gold Lose Luster in Tehran Market

EghtesadOnline: Currency rates in Tehran have been of the descending order over the past two weeks amid noticeable decline in demand and visible efforts by the Central Bank of Iran to boost the rial.
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Publish Date:17/July/2019 | 11:43

Dollar Dips Again in Tehran Market

EghtesasOnline: Currency rates continued on the downward path in Tehran on Sunday as the Central Bank of Iran mobilizes its resources to plug the gap between rates in the open market and secondary market.
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Publish Date:16/July/2019 | 10:19

Liquidity Crossed $144 Billion by March 20

EghtesadOnline: The latest data released by the Central Bank of Iran indicate that total liquidity crossed 18,828 trillion rials ($144.8 billion) by the end of the last fiscal year (ended March 20, 2019).
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Publish Date:09/July/2019 | 09:38

Central Bank of Iran Moves to Streamline Working Capital Loans

EghtesadOnline: The Central Bank of Iran is working on plans to adjust policies regarding working capital granted to manufacturing units to ensure the loans are actually used for boosting production and staving off inflationary effects.
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Publish Date:07/July/2019 | 11:18

Iran: €5b Repatriated by Non-Oil Exporters

EghtesadOnline: Exporters of non-oil products have repatriated €5 billion of their export earnings to the economic cycle of the country since the beginning of the current fiscal year (started March 21), a Central Bank of Iran ’s official said.
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Publish Date:03/July/2019 | 11:26

Import of Iran Oil Critical for Success of INSTEX

EghtesadOnline: The governor of the Central Bank of Iran says the European Union’s newly-launched trade mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), needs to be financed by importing oil from Iran to ensure its sustainable operation.
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Publish Date:01/July/2019 | 10:58