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Majlis Boosts CBI’s Regulatory Clout

EghtesadOnline: Lawmakers defined new responsibilities for the Central Bank of Iran and law enforcement, as they ratified more enhanced regulatory measures to counter the operations of uncertified financial institutions.
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Publish Date:14/January/2017 | 06:04

Majlis Think Tank Recommends Floating Forex Rate

EghtesadOnline: The research arm of the Iranian Parliament has published a report on fluctuations in the foreign exchange market during the past few months, advising the Central Bank of Iran to do what it takes for free-floating the rial against other currencies.
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Publish Date:12/January/2017 | 24:25

No Passage of Banking Bills Before Summer 2017

EghtesadOnline: Chances that the final draft of the Banking Reform Bill and the Central Bank Bill will be approved by the Iranian Parliament by the end of President Hassan Rouhani’s first term in the summer of 2017 are relatively slim, the head of Majlis Economic Commission said.
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Publish Date:07/January/2017 | 06:07

Currency Market Stabilizes as Rial Slightly Gains

EghtesadOnline: The end of the current Iranian year in March will bring about an end to currency fluctuations plaguing the market, as increased supply helps moderate the market, predicts the director of the Central Bank of Iran 's Exports Department.
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Publish Date:31/December/2016 | 05:57

Iran tells banks to sell dollars at free rates

EghtesadOnline: The Central Bank of Iran (CBI) says it has authorized banks to deal in foreign exchange trading at a free-market rate – a move which is expected to help control the rising rates of the dollar.
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Publish Date:25/December/2016 | 11:52

Iran, Kazakhstan Agree to Enhance Banking Coop.

EghtesadOnline: A banking memorandum of understanding was signed between the central banks of Iran and Kazakhstan during President Hassan Rouhani's three-nation tour of Armenia, Kazakhstan and Kyrgyzstan.
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Publish Date:24/December/2016 | 07:43

CBI: Iran among fastest growing economies

EghtesadOnline: Central Bank of Iran (CBI) announced that the gross domestic product grew 7.4 percent in the first half of the current fiscal year (started March 20) compared to the figure for the same period last year.
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Publish Date:20/December/2016 | 09:59

CBI: Iran's economic growth hits 7.4%

EghtesadOnline: Central Bank of Iran (CBI) announced on Saturday that Iran's Gross Domestic Product (GDP) in the first half of the current Iranian calendar year (started on March 21) shows a 7.4% growth in comparison with the same period last year.
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Publish Date:18/December/2016 | 19:52

Banks encouraged to resume forex trade now that sanctions lifted

EghtesadOnline: Governor of the Central Bank of Iran (CBI) Valiollah Seif said on Sunday that Iranian banks were authorized to resume their forex trade, the ordinary operation prevented by international sanctions so far.
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Publish Date:05/December/2016 | 24:41

Germany’s KfW Agrees on 1.2 Billion-Euro Iran Rail Loan

EghtesadOnline: Germany agreed to provide Iran with a 1.2 billion euro ($1.27 billion) credit line to help finance a rail project , according to an official at the Central Bank of Iran .
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Publish Date:28/November/2016 | 09:45

Three Foreign Banks to Open in Iran, Central Bank Official Says

EghtesadOnline: Three foreign banks are opening up representative offices in Iran as the country seeks to boost investment after reaching an international sanctions deal last year, a central bank official said.
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Publish Date:01/November/2016 | 24:50

CBI chief slams US different attitude towards nuclear deal

EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif criticized US different behavior towards Iran compared to other nuclear negotiating countries, it was reported on Sunday.
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Publish Date:30/October/2016 | 08:34

CBI governor agrees with Singapore Dy PM on direct banking ties

EghtesadOnline: Governor of Central Bank of Iran (CBI) Valiollah Seif met with Singapore Deputy Prime Minister and Minister of Coordination of Economic Affairs Tharman Shanmugaratnam on Tuesday and reached agreement to begin a new chapter of banking activities.
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Publish Date:25/October/2016 | 19:51

Reforms Distance Banks From Central Bank

EghtesadOnline: The banking overhaul plan–a roadmap enacted by President Hassan Rouhani to transform the outdated banking system–would allow the banking sector to fend for itself without relying on the Central Bank of Iran , said Masoud Nili, a senior economic advisor to the president.
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Publish Date:16/October/2016 | 19:03

CBI chief hails Iran’s economic achievements

EghtesadOnline: Central Bank of Iran (CBI) Chief Valiollah Seif on Saturday hailed Iran’s economic achievements during the period of low oil prices.
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Publish Date:16/October/2016 | 10:15

Cross-Border Payments Can Elevate Tourism Industry

EghtesadOnline: The Central Bank of Iran is trying to link domestic bank cards with neighboring countries, “as a part of the banking sector’s plans to help promote the tourism industry in Iran,” said CBI governor, Valiollah Seif on Sunday.
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Publish Date:03/October/2016 | 21:19

Iran Inflation rate stands at 8.8 percent

EghtesadOnline: The Central Bank of Iran (CBI) announced on Monday that the inflation rate reached 8.8 percent in the 12-month period leading to the Iranian calendar month of Shahrivar (ended September 21).
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Publish Date:26/September/2016 | 09:33

Iranian Household Income, Expense Balanced Out Last Year

EghtesadOnline: Income and living expenses of Iranian households almost evened out in the last Iranian year (March 2015-16), according to the latest report of the Central Bank of Iran .
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Publish Date:25/September/2016 | 06:23