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Iran's Q1 GDP Shrank by 2.8%

EghtesadOnline: Iran's gross domestic product contracted by 2.8% during the first quarter of the current fiscal year (March 20-June 20) compared to the corresponding period of last year, Governor of the Central Bank of Iran Abdolnasser Hemmati said.
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Publish Date:16/September/2020 | 24:10

Rial Makes a Comeback After Two Months of Historic Lows

EghtesadOnline: The national currency declined to new lows in the face of a rising dollar on Monday but later recovered partially following intervention by exchange bureaus affiliated to the Central Bank of Iran.
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Publish Date:15/September/2020 | 09:30

CBI Reiterates Flexibility Toward Exporters

EghtesadOnline: The Central Bank of Iran continues to exercise flexibility toward exporting companies regarding the repatriation of export earnings, the bank’s governor said.
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Publish Date:14/September/2020 | 24:57

Signs of Calm Emerging From Tehran Housing Market: CBI

EghtesadOnline: After months of turbulence and sharp increases, a new report by the Central Bank of Iran shows a semblance of calm has returned to Tehran’s housing market.
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Publish Date:10/September/2020 | 11:10

Iran’s CB Suspends ‘Currency Quota’

EghtesadOnline: The Central Bank of Iran on Wednesday temporarily suspended allocation of $2,200 or equivalent in foreign currency at relatively less rates to the people after price arbitrage with the free market caused new problems.
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Publish Date:10/September/2020 | 11:04

Forex Reaches All-Time High

EghtesadOnline: Foreign exchange rates gained against the rial in Tehran’s unofficial market Tuesday amid rising demand and despite large-scale forex injection by exchange bureaus affiliated to Central Bank of Iran.
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Publish Date:09/September/2020 | 11:26

Currency Swaps and Challenges

EghtesadOnline: The Monetary and Banking Research Institute (MBRI), the research arm of Central Bank of Iran, has looked into challenges ahead of Iran’s currency swap agreements and offered solutions.
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Publish Date:08/September/2020 | 14:02

Central Bank of Iran Evaluates Tehran’s Monthly Housing Market

EghtesadOnline: Atotal of 9,080 homes were sold in Tehran during the fifth month of the current fiscal year (July -Aug. 21), registering a 35.4% decline compared with the preceding month and a 175.8% growth compared with the 3,292 deals in the corresponding month of last year.
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Publish Date:02/September/2020 | 24:45

Gov’t Dues to CBI Related to ‘Debt Classification’

EghtesadOnline: The Central Bank of Iran says that rising government debt to the CBI is largely due to changes in “debt classification” of the bank and has no monetary relevance.
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Publish Date:01/September/2020 | 11:21

Exporters Transfer Home $2.5 Billion

EghtesadOnline: The governor of the Central Bank of Iran said exporters transferred home $2.5 billion before the July deadline set by the regulator.
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Publish Date:24/August/2020 | 11:48

Central Bank of iran Eases HSA Home Loan Condition

EghtesadOnline: The Central Bank of Iran has accepted Bank Maskan’s proposal on amending a condition for getting the Housing Saving Account’s mortgage loan, says a senior official with state agent bank of Iran’s housing sector.
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Publish Date:19/August/2020 | 10:14

CBI Wants Banks to Buy Bonds

EghtesadOnline: Governor of the Central Bank of Iran says lenders should use a fraction of their financial reserves to buy bonds issued by the government.
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Publish Date:19/August/2020 | 10:10

Central Bank of Iran Demands: Balancing Act of Banks

EghtesadOnline: Governor of Central Bank of Iran says the bank has been struggling to reform the banking system long saddled with mismanagement and financial indiscipline.
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Publish Date:16/August/2020 | 11:20

Iran's CB Again Raises Lower Bound of IRC

EghtesadOnline: The Central Bank of Iran again raised the lower bound of interest rate corridor (IRC) in the interbank market to further narrow the interbank interest rate spread.
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Publish Date:15/August/2020 | 09:13

Central Bank of Iran Sees Reason in Gov’t Oil Presale Proposal

EghtesadOnline: The governor of Central Bank of Iran has backed a government crude oil presale plan of action for domestic buyers, saying that it is one of the few government options to fund the budget deficit in a “healthy” manner.
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Publish Date:13/August/2020 | 09:22

Exporters Flouting Rules Warned Again

EghtesadOnline: The Central Bank of Iran says it will send to the judicial authority a bigger list of exporters that have failed to repatriate their currency earrings.
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Publish Date:05/August/2020 | 09:12

Bad Debts Decline 11%

EghtesadOnline: The number of bad checks fell by 11.7% in the calendar month ending June 20, compared to a month earlier, the Central Bank of Iran reported.
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Publish Date:04/August/2020 | 09:05

Taming Inflation the Iran's CB Way

EghtesadOnline: The Central Bank of Iran says the coronavirus pandemic, deepening budget deficit and disruption in foreign trade are largely responsible for pushing up consumer prices in recent months.
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Publish Date:03/August/2020 | 08:04