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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

Rise of Sight Deposits

EghtesadOnline: The Central Bank of Iran said increase in sight deposits far outpaced term deposits in the first quarter of the current fiscal year (March 20-June 20), reflecting depositors’ reluctance to keep money in banks for extended periods.
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Publish Date: 02/August/2020 | 14:04

Central Bank of Iran Reviews Q1 Foreign Trade

EghtesadOnline: During the first quarter of the current year (March 20—June 20), Iran’s foreign trade was at its lowest level in the month ending April 19 and at its peak in the month ending May 20, Otaghiranonline.ir reported citing data by the Central Bank of Iran.
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Publish Date: 02/August/2020 | 13:39

Central Bank of Iran Reviews Tehran's Housing Market

EghtesadOnline: A total of 14,047 homes were sold in the capital during the fourth month of the current fiscal year (June 21-July 21), registering a 30.3% rise compared with the preceding month.
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Publish Date: 01/August/2020 | 13:07

Call to Incentivize Compliant Exporters

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has called on President Hassan Rouhani to incentivize exporters who have fulfilled their commitment to repatriate their overseas revenues.
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Publish Date: 27/July/2020 | 09:07

Broad Money Grows 34.2%

EghtesadOnline: The Central Bank of Iran reported that growth in broad money supply picked up during one year, rising by 34.2% by end of the calendar month to June 21 compared with the same period last year.
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Publish Date: 27/July/2020 | 08:56

Forex and Gold Firm in Tehran Market

EghtesadOnline: Major currencies resumed their climb against the rial at the start of trading week on Saturday after being in check for a few sessions largely due to the intervention of the Central Bank of Iran.
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Publish Date: 26/July/2020 | 08:42

Rial Stems Losses

EghtesadOnline: The rial pares some more of its losses against the US dollar on Tuesday amid a noticeable intervention by the Central Bank of Iran.
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Publish Date: 22/July/2020 | 08:42

Payment Deal With Iraq in Final Phase

EghtesadOnline: Head of the International Department of the Central Bank of Iran said constructive talks were held with Iraqi officials during his tour to the Arab country, which could result in unfreezing millions of dollars of Iranian money.
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Publish Date: 22/July/2020 | 08:38

Bond Auctions Resilient

EghtesadOnline: The Central Bank of Iran said the initiative to hold bond auctions has been positive so far in that it is helping the government fund its deficit spending without the need to expand the monetary base by overborrowing from the CBI.
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Publish Date: 18/July/2020 | 15:47

Forex Rates Rise Unabated in Tehran Market

EghtesadOnline: Currency rates are rising unabated in Tehran with exchange bureaus affiliated to, and working for, the Central Bank of Iran again the increased the dollar rate by 3.65% on Sunday after the 10% rise a day earlier.
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Publish Date: 06/July/2020 | 09:01

Central Bank of Iran Lets Rial Tumble

EghtesadOnline: Selected foreign exchange bureaus affiliated to the Central Bank of Iran pushed up dollar rates above the historic 200,000 rials on Saturday.
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Publish Date: 05/July/2020 | 09:38

Central Bank of Iran Again Raises Interbank Deposit Rate

EghtesadOnline: In bid to further narrow the rate spread in the interest rate corridor (IRC) the Central Bank of Iran announced that it would raise rates on interbank deposits by 1 percentage points to 13% starting today (Saturday).
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Publish Date: 04/July/2020 | 09:21

Iran's CB Looking at Euro CDs

EghtesadOnline: The Central Bank of Iran said it is planning to launch euro-denominated certificate of deposit to reduce the volume of rials held by the public and downsize the money supply, the bank’s governor said.
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Publish Date: 29/June/2020 | 24:19

Value of Bad Checks Up, Volume Down

EghtesadOnline: Central Bank of Iran monthly report shows bad checks declined in number in the calendar month to May 20 but their value increased.
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Publish Date: 27/June/2020 | 10:10

Dollar Dips 4% in Tehran

EghtesadOnline: The US dollar paused on Wednesday following two weeks of strong rallies after Central Bank of Iran reportedly stepped in to stop further deprecation of the rial.
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Publish Date: 25/June/2020 | 20:50

Exporters’ Default Put Over $27 Billion

EghtesadOnline: Iranian export companies have refrained from returning $27.5 billion of their overseas revenues over the past two years, says an official with the Central Bank of Iran.
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Publish Date: 24/June/2020 | 24:10