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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

CBI Warns Exporters of Name-and-Shame Path

EghtesadOnline: The Central Bank of Iran issued an ultimatum on Sunday to non-oil exporters to expedite repatriation of their overseas earnings. If they fail to comply their names will be made public through the media.
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Publish Date: 22/June/2020 | 10:40

Central Bank of Iran Revisits Supply of Money

EghtesadOnline: The Central Bank of Iran said in a report that broad money supply reached 24,721.5 trillion rials ($137 billion) when the fiscal year ended in the third week of March.
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Publish Date: 16/June/2020 | 08:00

$2 Billion Aid Package to Bolster Automotive Industry

EghtesadOnline: The Central Bank of Iran, along with several local banks and government, is set to roll out an aid package worth $2 billion to boost the country’s automotive industry, secretary of Iran Auto Parts Manufacturers Association said.
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Publish Date: 12/June/2020 | 19:27

New Rules for Moneychangers

EghtesadOnline: Association of Bureaux de Change Operators of Iran has required authorized moneychangers to keep a record of their daily operations in the central bank-affiliated SANA system and Nima platforms, warning them against trading foreign currency outside the supervisory platforms.
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Publish Date: 08/June/2020 | 07:57

Rising Liquidity Stress Tied to Borrowing From NDFI, Sanctions

EghtesadOnline: In a press release outlining reasons behind the monumental growth in liquidity in recent months, the Central Bank of Iran blamed borrowing from the National Development Fund of Iran and the new US sanctions on oil exports.
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Publish Date: 07/June/2020 | 06:57

Iran Gov’t Earns $300m in First Bond Auction

EghtesadOnline: In the first Central Bank of Iran auction of Islamic bonds on Tuesday, the government generated 51 trillion rials ($300 million).
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Publish Date: 06/June/2020 | 24:50

Changes in Iran's CB Forex Market Policy

EghtesadOnline: Governor of the Central Bank of Iran says the bank has put an end to the unreasonable practice of injecting foreign currency into the market to control forex rates.
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Publish Date: 06/June/2020 | 05:11

Central Bank of Iran: First Bond Auction June 2

EghtesadOnline: The Central Bank of Iran will hold its first auction of government bonds on Tuesday. It has asked banks to place buy orders for the Murabeha bonds on the interbank trading platform.
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Publish Date: 30/May/2020 | 06:07

Central Bank of Iran Sets 22% Inflation Target

EghtesadOnline: The Central Bank of Iran says based on “realistic assumptions and scenarios” it will set the inflation target at 22% during the current fiscal year that ends in March 2021.
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Publish Date: 27/May/2020 | 05:45

Central Bank of Iran to Hold Bond Auctions

EghtesadOnline: The Central Bank of Iran said it plans to open a primary interbank market for auctioning bonds to help the government raise funds for budgetary needs.
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Publish Date: 14/May/2020 | 17:12

Central Bank of Iran Updates List of Corona-Hit Businesses

EghtesadOnline: The Central Bank of Iran has updated and communicated the list of businesses directly hurt by the coronavirus outbreak to banks across the country, which are eligible to receive loans.
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Publish Date: 09/May/2020 | 05:59

Central Bank of Iran: Slight Decline in Producer Inflation

EghtesadOnline: A decrease of 2.4 percentage point was registered in the Producer Price Index for the Iranian month ending April 19 compared with the preceding month (Feb. 20-March 19), according to Governor of the Central Bank of Iran Abdolnasser Hemmati.
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Publish Date: 04/May/2020 | 04:41

Time for IMF to Act Now

EghtesadOnline: Iran’s central bank governor has again called on the International Monetary Fund to resist US pressure and approve its application for financing to help bridge a 10 billion-euro ($10.9 billion) deficit as the country’s sanctions-hit economy struggles to cope with the coronavirus pandemic.
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Publish Date: 21/April/2020 | 11:42

Italian Court Dismisses $6b US Lawsuit Against CBI

EghtesadOnline: Iran’s central bank said an Italian court has rejected a lawsuit filed by American plaintiffs over seizure of the bank’s assets in the country worth $5.99 billion.
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Publish Date: 18/January/2020 | 13:18

Central Bank of Iran Sees Rial in Stronger Position

EghtesadOnline: The national currency is 40% stronger than the last fiscal year (ended March 20), says Abdolnasser Hemmati, governor of the Central Bank of Iran.
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Publish Date: 05/October/2019 | 13:00

Lenders Under Central Bank of Iran Scrutiny for Ratings

EghtesadOnline: The Central Bank of Iran has resumed rating lenders based on their performance in corporate governance and the level of their progress in digital banking, according to a CBI official familiar with the matter.
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Publish Date: 30/September/2019 | 11:43