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IMF Pledges Continued Work With Central Bank of Iran

EghtesadOnline: More than a week after US Treasury Department blacklisted Central Bank of Iran 's Governor Valiollah Seif for his alleged "support for terrorism", the International Monetary Fund has released a statement, pledging to continue its work with him.
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Publish Date:26/May/2018 | 09:48

1st USD Rate Hike After Unification

EghtesadOnline: For the first time after the government decided to unify the US dollar's exchange rate more than a month ago, the Central Bank of Iran has allowed for a minor increase in its rate.
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Publish Date:22/May/2018 | 05:15

US Blacklisting of CBI Chief Flouts International Norms

EghtesadOnline: The Central Bank of Iran on Sunday officially condemned the sanctioning of its governor and one of its former officials by the US as a move showing “contempt for international norms”.
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Publish Date:22/May/2018 | 05:07

Seif: 5-6% Flexibility in USD Rate Until March

EghtesadOnline: Governor of the Central Bank of Iran said the exchange rates of the US dollar, which were unified at 42,000 rials last month, will not remain fixed and change 5-6% until the end of the current fiscal year on March 20, 2019.
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Publish Date:21/May/2018 | 06:04

Iran Housing Rent Index Grows

EghtesadOnline: The Central Bank of Iran has released its latest report on the index of housing rent across the country for the fourth quarter of the previous fiscal year (ended March 20, 2018), which shows an increase in all categories.
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Publish Date:13/May/2018 | 09:16

Central Bank: PPI Inflation at 10.8%

EghtesadOnline: The average Producer Price Index in the 12 months ending April 20, which marks the end of the Iranian month of Farvardin, increased by 10.8% compared with last year’s corresponding period, according to the Central Bank of Iran ’s latest report.
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Publish Date:06/May/2018 | 11:26

CBI Vows to Address Forex Policy Flaws

EghtesadOnline: The governor of the Central Bank of Iran acknowledged shortcomings in the government's new foreign exchange policy, promising that they would be addressed.
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Publish Date:30/April/2018 | 11:24

New Capital Guidelines for Iranian Banks

EghtesadOnline: The Central Bank of Iran has released new guidelines for the way banks' capital adequacy ratios are calculated.
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Publish Date:29/April/2018 | 09:23

Tehran Home Prices Up 30%

EghtesadOnline: The Central Bank of Iran has released its latest report on Tehran's housing market, painting a stark picture of the falling number of home sales and price jumps higher than inflation for the first month of the current Iranian year that began on March 21.
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Publish Date:28/April/2018 | 04:51

Online Forex System to Help Promote Transparency

EghtesadOnline: Governor of the Central Bank of Iran has provided further details about the new Forex Deals Integrated System, noting that it will reposition banks as the main market player, promote transparency and provide the needs of people.
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Publish Date:22/April/2018 | 04:27

Exchangers Not Going Away

EghtesadOnline: The governor of the Central Bank of Iran emphasized the role of moneychangers in the foreign exchange market, saying that the regulator is not seeking to remove them from the Iranian economy.
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Publish Date:17/April/2018 | 09:58

Tehran Market: Forex Bull Run Rages On

EghtesadOnline: Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif are set to appear before lawmakers to explain the situation.
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Publish Date:09/April/2018 | 04:51

CBI Elaborates on E-Wallet Fintechs

EghtesadOnline: Ahead of the publication of the latest regulatory framework by the Central Bank of Iran for fintechs operating electronic wallets and account management facilities, the regulators’ deputy for innovative technologies has elaborated on the limitations of the fledgling businesses.
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Publish Date:08/April/2018 | 09:34

Iran Parliament Mulls Forex Rescue Package

EghtesadOnline: With the US dollar's exchange rate remaining above the psychological threshold of 50,000 rials in Tehran's market, lawmakers frustrated with the performance of the Central Bank of Iran in managing the volatility are considering a roadmap of their own to restore calm to the market.
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Publish Date:08/April/2018 | 09:13

CBI: Oberbank Finance Deal Still Valid

EghtesadOnline: The Central Bank of Iran announced that its finance deal with Austria's Oberbank has not been halted after a report suggesting otherwise emerged in the past few days.
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Publish Date:07/April/2018 | 04:18

Iran, Oman Eye Joint Bank Card Switch

EghtesadOnline: A host of high-level officials of the Central Bank of Iran on Saturday met with a delegation from Oman led by its foreign minister to discuss ways of improving banking relations and linking the bank card switches of the two countries.
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Publish Date:18/March/2018 | 09:49

Iranian Banks Allowed to Guarantee Investments in Oman

EghtesadOnline: The Central Bank of Iran has allowed lenders to issue guarantees for Iranian businesses planning to invest in Oman or those who seek to take out loans from Omani banks, the head of Iran-Oman Chamber of Commerce announced.
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Publish Date:17/March/2018 | 07:30

Uptrend in Shaparak Transactions Continues

EghtesadOnline: Shaparak, the Central Bank of Iran -affiliated supervisory entity in charge of the country’s payment settlement network, has released its latest report for the 11th month of the current fiscal to Feb. 19, which shows another bout of growth in transactions.
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Publish Date:14/March/2018 | 06:15