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Tehran Housing Inflation Up 100%

EghtesadOnline: The Central Bank of Iran's latest report on Tehran's housing market shows the sector’s year-on-year inflation has exceeded 100%.
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Publish Date:29/October/2020 | 10:12

CBI Allocates Funds to Fight Coronavirus Crisis

EghtesadOnline: The Central Bank of Iran has paid the rial equivalent of €600 million demanded by the Health Ministry to help medical workers cope with the rapidly spreading Covid-19 pandemic, the CBI governor said.
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Publish Date:28/October/2020 | 13:20

CBI Expects Higher Inflation

EghtesadOnline: In a report on macroeconomic variables, the Central Bank of Iran said soaring foreign exchange rates could buck the declining trend of inflation in the coming months.
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Publish Date:18/October/2020 | 13:49

Forex Rates at New Record Highs

EghtesadOnline: The US dollar jumped to an all-time high of 320,000 rials on Thursday, despite the central bank ’s move to inject currency in the forever rising market.
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Publish Date:18/October/2020 | 13:47

Iran: Positivity About Unlocking Forex Overseas

EghtesadOnline: The Central Bank of Iran hopes it would be able to ease the unprecedented pressure on the currency market after billions in assets are unlocked overseas.
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Publish Date:15/October/2020 | 17:24

Iraq to Unfreeze Iranian Assets

EghtesadOnline: An agreement was reached between the Central Bank of Iran, Central Bank of Iraq and the Trade Bank of Iraq to unfreeze Iran's financial assets in the neighboring country.
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Publish Date:13/October/2020 | 13:02

Aversion to Gov’t Bonds Persists

EghtesadOnline: Bond auctions held Tuesdays by the Central Bank of Iran concluded with none of the legal or individual investors showing interest in the government bonds.
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Publish Date:10/October/2020 | 15:32

Trump Flirts With Sanctions

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati, said Thursday that the new US sanctions against Iranian banks are yet another blow to the few remaining channels to pay for food and medicine, describing the move as another political stunt.
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Publish Date:10/October/2020 | 15:19

Compliant Exporters Gain Recognition

EghtesadOnline: In a ceremony held Saturday by the central bank the performance of 49 giant exporting companies was appreciated as they met all their commitments to repatriate overseas earnings.
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Publish Date:06/October/2020 | 20:11

Rial Gains Against Major Currencies

EghtesadOnline: Major currencies moved further from record highs reached last week and declined Sunday both in Tehran’s free market and official exchange-bureaus affiliated to the Central Bank of Iran.
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Publish Date:05/October/2020 | 13:18

CBI Says Tamed Monetary Base Growth

EghtesadOnline: The Central Bank of Iran says its efforts have delivered in curbing growth of the monetary base during the first six months of current fiscal year (March 20-Sep 21).
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Publish Date:03/October/2020 | 11:58

Forex Rates and Gold Climb

EghtesadOnline: Foreign exchange rates made significant gains on Monday despite efforts by the Central Bank of Iran to meet demand through the secondary market.
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Publish Date:29/September/2020 | 14:17

Iran: Dollar Rally Pauses

EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the Central Bank of Iran.
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Publish Date:28/September/2020 | 19:18

Slight Gains in Currency Rates

EghtesadOnline: Forex rates in Tehran were rather stable on Sunday compared to the past several weeks as traders exercised extra caution due to the Central Bank of Iran’s presence in the market.
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Publish Date:28/September/2020 | 18:19

Iran: Dollar Rally Pauses

EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the Central Bank of Iran.
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Publish Date:27/September/2020 | 11:37

Reservations About NDFI Loan Mechanism

EghtesadOnline: The central bank will resist attempts to pay the rial equivalent of loans taken from the National Development Fund of Iran in bid to avoid overburdening the bank’s balance sheet by printing money.
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Publish Date:26/September/2020 | 13:35

Electronic Payments Costlier Than Cash

EghtesadOnline: A recent study conducted by Pulse Ware Company and University of Tehran academics shows that costs of circulating banknotes is still lower than the electronic payment fees, despite claims to the contrary by the Central Bank of Iran.
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Publish Date:21/September/2020 | 14:14