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Certified Exchangers List Gets Longer

EghtesadOnline: The Central Bank of Iran has released the updated list of certified exchange bureaux currently active in the country, as it pursues a crackdown on unlicensed moneychangers that have proven a bane of the country's currency market.
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Publish Date:14/August/2018 | 05:42

Capping Bank Numbers on CBI Agenda

EghtesadOnline: The Central Bank of Iran seeks to halt an increase in the number of banks and is open to merger proposals, a deputy governor of CBI said.
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Publish Date:13/August/2018 | 04:40

PPI Hits Five-Year High

EghtesadOnline: The average Producer Price Index in the 12 months ending July 22, which marks the end of the Iranian month of Tir, increased by 13.1% compared with last year’s corresponding period, according to the latest report by the Central Bank of Iran .
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Publish Date:04/August/2018 | 09:21

$1.13b in Loans for Knowledge-Based Firms

EghtesadOnline: Iran’s banks and credit institutions allocated a total of 50 trillion rials ($1.13 billion) to knowledge-based firms in a little more than one year, the Central Bank of Iran announced.
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Publish Date:31/July/2018 | 04:59

New CBI Governor Discusses Coordination With Bank CEOs

EghtesadOnline: Newly-appointed governor of the Central Bank of Iran , Abdolnasser Hemmati, met with the chief executives of banks and credit institutions to review challenges facing the banking system and carve out an actionable roadmap.
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Publish Date:30/July/2018 | 05:58

$239m Supplied to Meet Public Forex Demand

EghtesadOnline: The Central Bank of Iran has supplied $239 million over the past three months at the official exchange rate to satisfy public demands for foreign currency to pay for medical, educational, transportation and other services.
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Publish Date:29/July/2018 | 05:15

Iran Names New Central Bank Governor

EghtesadOnline: The Cabinet on Wednesday agreed to appoint Abdolnasser Hemmati as the new governor of the Central Bank of Iran , a move widely seen as the first step in the widely expected reshuffle of President Hassan Rouhani’s Cabinet.
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Publish Date:28/July/2018 | 06:27

Tehran Home Sales Cool as Prices Surge

EghtesadOnline: Residential deals in Tehran cooled in mid-summer but prices continued on their rising trajectory, the latest data released by the Central Bank of Iran show.
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Publish Date:28/July/2018 | 06:18

Full CBI Control Over Financial Sector by Sept.

EghtesadOnline: The Central Bank of Iran , the lending sector’s top regulator, plans to use its authority to bring the rogue credit cooperatives into line within two months, the CBI’s deputy for supervisory affairs said.
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Publish Date:24/July/2018 | 04:47

Forex Subsidy Policy for Tourists Facing Revision

EghtesadOnline: Confirming rumors of an imminent change in the Central Bank of Iran ’s policy to allocate subsidized currency to outbound tourists, the head of CBI’s Forex Policies & Regulations Department has said the decision on travel currency will be finalized in the next few days.
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Publish Date:22/July/2018 | 04:55

Iran Interbank Rate Tweak to Impact Interest Rates

EghtesadOnline: Officials at the Central Bank of Iran have announced the decision to change interbank interest rates in a move that will subsequently impact deposit interest rates, a senior official at the Tehran Chamber of Commerce, Industries, Mines and Agriculture announced.
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Publish Date:21/July/2018 | 06:36

Iranian Banks Downsizing Branches

EghtesadOnline: Iran’s banks and credit institutions have continued the process of reducing their local branches in the past three months, according to latest numbers disclosed by the Central Bank of Iran , although the overall decrease is not significant.
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Publish Date:21/July/2018 | 06:30

Central Bank Reports on Budget of Households in Fiscal 2017-18

EghtesadOnline: The annual income of the average Iranian household outweighed their living expenses by almost 17.96 million rials ($415), or 1.49 million rials ($34.5) a month, in the last Iranian year (March 2017-18), according to the latest Central Bank of Iran report.
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Publish Date:18/July/2018 | 11:50

Private Investments in Housing Sector Up 12.4%

EghtesadOnline: The latest data disclosed by the Central Bank of Iran show that private sector investment in the housing sector increased during the first half of the previous fiscal year to Sept. 22, 2017, with special focus on residential units.
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Publish Date:18/July/2018 | 05:18

Imminent Change in Iran's Travel Currency Policy

EghtesadOnline: The Central Bank of Iran is expected to change its policy of giving foreign currencies to people traveling overseas at subsidized rates as soon as next week, in the face of growing public pressure and criticism.
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Publish Date:18/July/2018 | 05:14

Iranian Travelers to Foreign Countries Received $312m in 3 Months

EghtesadOnline: A total of $312 million were allocated by the Central Bank of Iran to people traveling abroad in the roughly three months that has passed since the Iranian government decided to unify the country's dual foreign exchange rates.
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Publish Date:18/July/2018 | 05:00

CBI Cancels USSD Payment Fees

EghtesadOnline: The Central Bank of Iran has sent a directive to the banking system announcing that fees levied on payments made through mobile phones have been eliminated, in what can be interpreted as a blow to mobile operators.
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Publish Date:14/July/2018 | 06:09

Cheap Loans for Small Firms

EghtesadOnline: Interest rates on loans to small-sized enterprises will be cut by 8% as per a memorandum of understanding signed between the Ministry of Industries, Mining, and Trade and the Central Bank of Iran , said Sadeq Najafi, the managing director of Iran Small Industries and Industrial Parks Organization on Tuesday.
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Publish Date:07/July/2018 | 24:38