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Iran’s CB Allowed to Intervene in Forex Market

EghtesadOnline: The government on Saturday authorized the central bank to intervene in the foreign exchange market to prop the rial after the currency fell to record lows in recent weeks against major currencies.
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Publish Date: 30/September/2018 | 05:42

Iran Q1 Growth at 1.8%: Central Bank (March-June 2018)

EghtesadOnline: Iran's gross domestic product in the first quarter of the current fiscal year (March 21-June 21) stood at 1,676.7 trillion rials ($12.59 billion at Sanarate.ir's Sunday exchange rate of 133,132 rials per dollar).
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Publish Date: 17/September/2018 | 04:29

Iran Banking Reform Bills in MPs’ Crosshairs

EghtesadOnline: Members of the Iranian Parliament’s economic commission on Saturday continued reviewing articles of long-awaited reform bills targeting the country’s ailing banking system in addition to its central bank.
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Publish Date: 10/September/2018 | 05:36

Iranian Lawmakers Start Scrutinizing Banking Reform Bill

EghtesadOnline: Members of Majlis Economic Commission have commenced the process of reviewing articles of the Majlis motion to undertake long-awaited reforms in Iran's banking system and bestow the central bank with independence.
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Publish Date: 05/August/2018 | 05:15

Trade war worries drag world stocks lower, yuan steadies

EghtesadOnline: World stocks were dragged lower on Wednesday by growing anxiety ahead of Washington’s end of week deadline to impose tariffs on Chinese imports, while the yuan rebounded after China’s central bank moved to calm investors.
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Publish Date: 04/July/2018 | 10:07