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CBI Moves to Regulate Leasing Firms

EghtesadOnline: The Central Bank of Iran has recognized leasing firms as separate entities from monetary players, potentially opening a new chapter in the country’s lending sector.
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Publish Date:10/September/2018 | 06:05

Iran Secondary Forex Market Trade Buoyant

EghtesadOnline: While the unofficial currency market enters a bull run, a Central Bank of Iran official said trade in the Secondary Forex Market is increasing, with deals breaking a record on Tuesday.
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Publish Date:10/September/2018 | 06:01

Bank Debts Behind Monetary Base Growth

EghtesadOnline: A review of official data published in Central Bank of Iran ’s reports by Tehran Chamber of Commerce, Industries, Mines and Agriculture shows that rising liabilities of the banking system to the central bank has been the main reason behind a surging monetary base.
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Publish Date:10/September/2018 | 05:54

Homebuyers in Tehran Favor Smaller Houses - August 2018

EghtesadOnline: A review of data by the Central Bank of Iran shows that residents of Tehran, the bustling capital city accounting for roughly half of all home sales in the country, increasingly favor smaller homes as their purchasing power has dwindled.
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Publish Date:10/September/2018 | 05:47

Central Bank of Iran Consults Experts

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati late Saturday sat down with a group of economic experts and university professors to review the country’s latest economic developments, particularly those pertaining to the hard currency market.
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Publish Date:10/September/2018 | 05:28

New Appointments at CBI

EghtesadOnline: Abdolnasser Hemmati, the governor of the Central Bank of Iran , on Monday officially appointed Farhad Hanifi the new deputy for supervisory affairs.
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Publish Date:04/September/2018 | 04:35

Support for Forex Policies

EghtesadOnline: Majlis Economic Commission welcomed the new foreign exchange policies introduced by the government on August 6 and believes that these policies, along with the appointment of the new Central Bank of Iran governor, have created a new ambiance in the economy.
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Publish Date:02/September/2018 | 04:15

Jurisprudence Council on the Anvil

EghtesadOnline: The Central Bank of Iran is closer to establishing an Islamic jurisprudence council, as the Guardians Council, the entity in charge of ensuring the compliance of key ratifications and candidates with constitutional precepts and Islamic law, has approved some of the new council’s nominees.
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Publish Date:02/September/2018 | 04:14

List of Goods Exempt From Forex Surcharge Announced

EghtesadOnline: In a letter to the Central Bank of Iran governor Abdolnasser Hemmati, Minister of Industries, Mining and Trade Mohammad Shariatmadari announced the list of imports exempted from paying the 28,000-rial surcharge.
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Publish Date:01/September/2018 | 04:13

Change in Student Currency Rules

EghtesadOnline: The Central Bank of Iran said in a statement that hard currency for students at the official rate will be paid only for the first academic half-year of 2018.
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Publish Date:01/September/2018 | 04:05

CBI: YOY Inflation at 24.2 Percent

EghtesadOnline: The average goods and services Consumer Price Index for urban areas in the 12 months ending Aug. 22, which marks the end of the Iranian month of Mordad, increased by 11.5% compared with last year’s corresponding period, according to the latest report released by the Central Bank of Iran .
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Publish Date:29/August/2018 | 05:07

Bank Penalty Waiver Back on Agenda

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has responded to a letter sent by the President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei who had called for reviving the penalty waiver for bank debtors included in the Budget Law for the fiscal 2018-19.
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Publish Date:27/August/2018 | 04:20

EPI Rises 130.6% YOY, 24.6% MOM

EghtesadOnline: The export price index stood at 552.2 for the fourth month of the current fiscal year (June 22-July 22), registering a 24.6% increase compared with the preceding month and a 130.6% rise compared with last year’s corresponding month, the Central Bank of Iran ’s latest data show.
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Publish Date:26/August/2018 | 24:49

CBI Moves to Sideline USD

EghtesadOnline: As part of the latest measure to ditch the US dollar from the country's transactions, the Central Bank of Iran has removed the American currency from the list of Sanarate.ir, the website reporting the exchange rate of foreign currencies based on exchange bureaux information.
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Publish Date:26/August/2018 | 05:44

Bank Loans Hit €18 Billion in 4 Months

EghtesadOnline: Banks and credit institutions allocated a total of 1.67 quadrillion rials (€17.92 billion) to various sectors of the economy during the first four months of the current fiscal year that ended on July 22, the Central Bank of Iran ’s data show.
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Publish Date:26/August/2018 | 05:38

Central Bank of Iran Signals Interest Rate Hike

EghtesadOnline: The Central Bank of Iran has sent another signal that it is about to raise interest rates. It has allowed banks and credit institutions to renew one-year deposit contracts that had been struck during the 10-day grace period after which the bank lowered the interest rates.
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Publish Date:26/August/2018 | 05:37

New Foreign Exchange Policy: Exporters’ Savior or Bane?

EghtesadOnline: The new forex policy, announced last week by the Central Bank of Iran , which will partially remove the ceiling for the price of the dollar and allow more freedom for market changes, has sparked a great deal of controversies.
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Publish Date:20/August/2018 | 04:17

CBI Against Market Intervention

EghtesadOnline: Central Bank of Iran 's Governor Abdolnasser Hemmati said the regulator's policy under his watch continues to be non-intervention in the foreign exchange market.
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Publish Date:18/August/2018 | 04:38

Iran: Airfares Skyrocket in Wake of Forex Crisis

EghtesadOnline: The Civil Aviation Organization of Iran issued a directive on Thursday, saying that the foreign currency needed by airlines to finance their ongoing operations would be determined at the rates set by the Central Bank of Iran ’s Sana system, as the government would no longer supply forex at subsidized rates.
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Publish Date:14/August/2018 | 05:46