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Bank Account Closures in Emirates Confined to NBD

EghtesadOnline: In response to reports regarding the closure of Iranian bank accounts by UAE banks, the director general of International Affairs Department at the Central Bank of Iran has announced that the issue is only confined to the Emirates NBD banking group.
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Publish Date:14/November/2017 | 07:17

Unemployment Remains Critical

EghtesadOnline: A total of 26% of Iranian households (4.8 million) in urban areas had no employed member in the last fiscal year (ended March 20, 2017), according to data released by the Central Bank of Iran .
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Publish Date:07/November/2017 | 07:08

Iran Launches Forex ETS

EghtesadOnline: The Iranian banking system has established an online gateway that enables members of its interbank foreign exchange market to trade foreign currencies with higher speed and stability.
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Publish Date:04/November/2017 | 06:45

Tehran Seven-Month Home Sales Increase

EghtesadOnline: The number of residential deals in Tehran has increased during the first seven months of the current Iranian year to Oct. 22, indicating a pre-boom phase in the embattled housing sector, the latest official data released by the Central Bank of Iran showed.
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Publish Date:30/October/2017 | 13:36

CBI Raises Official FX Rates

EghtesadOnline: In an unprecedented move, the Central Bank of Iran has increased the official rate of US dollar by 300 rials on Saturday.
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Publish Date:29/October/2017 | 24:35

CBI Puts Inflation at 9.8%

EghtesadOnline: The average goods and services Consumer Price Index for urban areas in the 12 months ending Oct. 22, which marks the end of the Iranian month of Mehr, increased by 9.8% compared with last year’s corresponding period, the latest report released by the Central Bank of Iran .
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Publish Date:28/October/2017 | 11:52

Petrochem, Mineral Exports Boost Iran’s EPI

EghtesadOnline: Iran’s export price index has ended the sixth Iranian month (Sept. 22) at about 249.3, growing 3.7% compared to the preceding month, the latest statistics released by the Central Bank of Iran announced.
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Publish Date:28/October/2017 | 11:48

Iran Budget Deficit Hits $4.5b

EghtesadOnline: Iran’s budget deficit came in wider than expected in the five months of the current fiscal year (March 21-Aug. 22) and reached 182.7 trillion rials ($4.56 billion), the latest data released by the Central Bank of Iran showed.
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Publish Date:16/October/2017 | 14:23

Iran Budget Deficit Hits $4.5b

EghtesadOnline: Iran’s budget deficit came in wider than expected in the five months of the current fiscal year (March 21-Aug. 22) and reached 182.7 trillion rials ($4.56 billion), the latest data released by the Central Bank of Iran showed.
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Publish Date:16/October/2017 | 14:23

ECO Bank Signs Deal to Expand Iran Operations

EghtesadOnline: The Central Bank of Iran has signed a cooperation agreement with ECO Trade and Development Bank in Turkey that could pave the way for the multilateral lender to grant finances to Iran.
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Publish Date:10/October/2017 | 09:42

ECO Bank Signs Deal to Expand Iran Operations

EghtesadOnline: The Central Bank of Iran has signed a cooperation agreement with ECO Trade and Development Bank in Turkey that could pave the way for the multilateral lender to grant finances to Iran.
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Publish Date:10/October/2017 | 09:42

Central Bank of Iran Unveils Fintech Policy

EghtesadOnline: The Central Bank of Iran on Sunday published a document on policies related to the operation of fintechs, clarifying its stance about the role of the regulatory body and defining non-bank firms and banks relations among other issues.
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Publish Date:09/October/2017 | 11:59

Central Bank of Iran Unveils Fintech Policy

EghtesadOnline: The Central Bank of Iran on Sunday published a document on policies related to the operation of fintechs, clarifying its stance about the role of the regulatory body and defining non-bank firms and banks relations among other issues.
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Publish Date:09/October/2017 | 11:59

Seif: Rates Cut Benefits Markets

EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif has sought to outline the benefits of the policymaker's recent directive to cut bank interest rates, saying it has curbed a surge in liquidity while changing the nature of deposits for the better.
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Publish Date:03/October/2017 | 11:16

Seif: Rates Cut Benefits Markets

EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif has sought to outline the benefits of the policymaker's recent directive to cut bank interest rates, saying it has curbed a surge in liquidity while changing the nature of deposits for the better.
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Publish Date:03/October/2017 | 11:16

Iran: Dispute Over IFRS Compliance Resolved

EghtesadOnline: Minister of Economic Affairs and Finance Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif have jointly signed a directive regarding bank balance sheets that could finally end a two-year dispute between the CBI and Audit Organization of Iran over who gets to set financial reporting standards for lenders.
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Publish Date:26/September/2017 | 07:13

Iran: Dispute Over IFRS Compliance Resolved

EghtesadOnline: Minister of Economic Affairs and Finance Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif have jointly signed a directive regarding bank balance sheets that could finally end a two-year dispute between the CBI and Audit Organization of Iran over who gets to set financial reporting standards for lenders.
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Publish Date:26/September/2017 | 07:13

EPI Growth Held Back by Central Bank’s Grip on Forex Rates

EghtesadOnline: The export price index snapped its two-month contraction and started to grow in the fifth month of the current fiscal year (July 23-Aug. 22), according to latest statistics released by the Central Bank of Iran .
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Publish Date:25/September/2017 | 24:30

EPI Growth Held Back by Central Bank’s Grip on Forex Rates

EghtesadOnline: The export price index snapped its two-month contraction and started to grow in the fifth month of the current fiscal year (July 23-Aug. 22), according to latest statistics released by the Central Bank of Iran .
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Publish Date:25/September/2017 | 24:30

4,200 State Accounts Moved to Central Bank of Iran

EghtesadOnline: Some 4,200 state-owned companies’ bank accounts have been transferred to the Central Bank of Iran since March 6, 2017, when President Hassan Rouhani issued the landmark directive aimed at enhancing the transparency of government finances and public entities’ expenditures.
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Publish Date:25/September/2017 | 24:07