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Majlis Will Not Tax CBI

EghtesadOnline: Lawmakers on Monday put on hold a decision to tax the foreign exchange revenues of the Central Bank of Iran after the CBI governor asked them to rethink the move.
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Publish Date:28/January/2019 | 15:02

Lingering Recession in Tehran Housing Market

EghtesadOnline: Home prices in Tehran continue to increase while the number of property deals decline, the latest report released by the Central Bank of Iran announced after reviewing housing data in the 10th month of the current Iranian year that ended on Jan. 20.
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Publish Date:27/January/2019 | 14:29

Iran's Export Price Index Increases 162% YOY

EghtesadOnline: The export price index stood at 749.2 in the ninth month of the current Iranian year (Nov. 22-Dec. 21), registering a 20.2% decline compared with the preceding month and a 162.5% rise compared with the similar month of last year, the Central Bank of Iran ’s latest data show.
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Publish Date:26/January/2019 | 09:08

Central Bank of Iran Official: Blockchain No Solution for Sanctions

EghtesadOnline: In light of the new round of US sanctions, there is speculation that authorities in Tehran may seek to circumvent the hostile economic restrictions with the help of blockchain and other financial and monetary technologies.
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Publish Date:22/January/2019 | 15:09

Central Bank of Iran Closing Loopholes in Currency Allocation

EghtesadOnline: The Central Bank of Iran is going to launch a mechanism for tracking forex allocated to the import of essential goods to ensure importers fulfill their commitments for which they acquired foreign currency, the CBI governor said.
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Publish Date:19/January/2019 | 24:41

Iran: Regulated Forex Market Structure Announced

EghtesadOnline: In a meeting attended by officials from the Central Bank of Iran and an association comprising players in upcoming regulated forex market on Monday, details of the mechanisms of the new market were announced.
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Publish Date:16/January/2019 | 13:06

Currency Rates Rise in Tehran, CBI Reassures Public

EghtesadOnline: Foreign exchange rates surged in the Tehran market on Saturday, prompting the Central Bank of Iran to release a statement to reassure the public that it has a grip on the market.
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Publish Date:13/January/2019 | 14:26

Exporters Complain: Central Bank of Iran Policies Hinder, Not Help

EghtesadOnline: As the Central Bank of Iran struggles to stabilize the foreign exchange market – a colossal task that has long exacted energy and focus of the regulator – some argue that the CBI’s disproportionate focus on controlling the demand side of forex could ultimately do more harm than help.
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Publish Date:19/January/2019 | 24:30

Iran's CB to Tap Blockchain Technology

EghtesadOnline: Blockchain technology is set to decentralize mechanisms governing the world’s financial systems and the Central Bank of Iran has focused efforts on studying ways to benefit from that technology, says the secretary general of Central Bank of Iran .
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Publish Date:12/January/2019 | 14:04

Iran: Idea of Lopping Off Zeroes From Rial Reemerges

EghtesadOnline: Governor of the Central Bank of Iran Abdolnaser Hemmati said Sunday the regulator has proposed to the government lopping off four zeros from the rial.
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Publish Date:07/January/2019 | 09:47

CBI Surveys Changes in Iran Export Price Index (Nov 2018)

EghtesadOnline: The Export Price Index in Iran stood at 938.7 for the eighth month of the current fiscal year (Oct. 23-Nov. 21, 2018), registering a 5.9% decrease compared with the preceding month, and a 240.2% rise compared with the similar month of 2017, the Central Bank of Iran ’s latest data show.
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Publish Date:06/January/2019 | 13:17

Iran's Central Bank Assets Rise 27.8%

EghtesadOnline: Total assets of the Central Bank of Iran reached 7.1 quadrillion rials ($ 70.1 billion) in the first seven months of current fiscal year, registering 27.8% growth year-on- year and 16.1% growth compared to the end of the previous fiscal in March 2018.
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Publish Date:22/December/2018 | 15:36

Breakthrough Expected in Iran-Turkey Banking Ties

EghtesadOnline: The governor of the Central Bank of Iran says important developments in banking and trade will take place following talks between the presidents of Iran and Turkey.
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Publish Date:22/December/2018 | 15:22

Iran Budget Deficit Widens 74% YOY

EghtesadOnline: Iran’s budget deficit came in bigger than expected in the first seven months of the current fiscal year (March 21-Oct. 22) to reach 391.4 trillion rials ($3.83 billion), the latest data released by the Central Bank of Iran show.
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Publish Date:18/December/2018 | 10:12