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Foreign Assets of Banks Up 6%

EghtesadOnline: Data released by the Central Bank of Iran for the month ending January 19 put banks’ total foreign assets at 2.3 quadrillion rials ($61.5 billion) by January 19, marking a 6% growth compared with the same period of last year.
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Publish Date:19/March/2017 | 10:09

Komijani Downplays Banking Woes

EghtesadOnline: The Iranian banking system is not bankrupt, contrary to some reports and the Central Bank of Iran is in control, the vice governor of CBI said.
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Publish Date:12/March/2017 | 14:46

Seif: Iran's FATF Membership by May

EghtesadOnline: The governor of the Central Bank of Iran believes that the country will be able to meet the conditions needed to become a full-time member of the Financial Action Task Force when the organization takes up Iran's case in May.
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Publish Date:11/March/2017 | 13:13

Monetary Discipline on CBI Agenda

EghtesadOnline: A senior official of the Central Bank of Iran outlined past and future measures of President Hassan Rouhani's government in line with the implementation of Resistance Economy principles and the beneficial effects of Iran's nuclear deal with world powers on the economy.
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Publish Date:07/March/2017 | 13:26

Iran, Indonesia to Open Joint Bank Account

EghtesadOnline: The establishment of a joint bank account between Iran and Indonesia will foster financial cooperation and facilitate bilateral transactions, said the Central Bank of Iran ’s governor.
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Publish Date:01/March/2017 | 13:28

Iran Holds Key Conference on IFRS Adoption

EghtesadOnline: For International Financial Reporting Standards to truly take hold in Iran, they must be accorded significance on the national scale, the governor of the Central Bank of Iran said.
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Publish Date:26/February/2017 | 24:12

CBI: No Rise in Interbank Rates

EghtesadOnline: The Central Bank of Iran has denied recent reports that put the interbank lending rate at 26%, stressing that its average is considerably lower.
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Publish Date:22/February/2017 | 05:47

CBI Says Currency Fears Are Over

EghtesadOnline: The Central Bank of Iran has managed to control foreign exchange rates and promote a relative stability in the forex market despite a turbulent season that saw the rial drop to historic lows against the dollar, the bank's deputy for economic affairs said.
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Publish Date:20/February/2017 | 15:50

Banks Urged to Pursue Profitability, Transparency

EghtesadOnline: In order to have a healthy bank, branch managers ought to ensure the bank's profitability while abiding by the law and observing transparency. Farshad Heydari, the Central Bank of Iran 's deputy for supervisory affairs, made the announcement at a ceremony honoring successful bank and credit institution managers.
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Publish Date:19/February/2017 | 14:40

Iran’s Budget Deficit: $7b in 9 Months

EghtesadOnline: Iran’s budget deficit for the three quarters of the current fiscal year (March 20-December 20, 2016) amounted to 268.9 trillion rials ($7 billion), according to the latest data released by the Central Bank of Iran .
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Publish Date:19/February/2017 | 05:41

Trade Costs Declining After Sanctions Relief

EghtesadOnline: The achievements of Iran's nuclear deal must not be undermined, as the cost of foreign trade for the country is declining among other things, the governor of the Central Bank of Iran said.
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Publish Date:10/February/2017 | 14:16

Iran to Ditch US Dollar in Official Reports

EghtesadOnline: Iran will stop using the US dollar as its currency of choice in its financial and foreign exchange reports from the new fiscal year that begins in March, announced the governor of the Central Bank of Iran late Saturday.
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Publish Date:30/January/2017 | 06:07

CBI Gov hails JCPOA economic benefits

EghtesadOnline: Iran should rely on its stability and security to attract foreign investment and build on the economic opportunities reaped after implementation of the nuclear deal, says the governor of the Central Bank of Iran (CBI).
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Publish Date:16/January/2017 | 16:10

Iran Central Bank wants to establish regional links

EghtesadOnline: Following the signing of the Joint Comprehensive Plan of Action (JCPOA) which opened new chances for the Iranian banking system, the Central Bank of Iran is working to establish regional links, a senior official said.
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Publish Date:15/January/2017 | 07:50

Iran’s tax revenues hit $18B in 8 months

EghtesadOnline: Iran’s tax revenues amounted to 582.8 trillion rials ($18 billion based on official rate of each 32,369 rials per USD) in the first eight months of the current Iranian fiscal year (March 20-Nov. 21, 2016), Central Bank of Iran (CBI) reported.
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Publish Date:14/January/2017 | 15:15