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Central Bank of Iran: 3 Ways to Plug Budget Holes

EghtesadOnline: The Central Bank of Iran is trying to find ways to plug the budget deficit and avoid printing more money, says the CBI governor Abdolnaser Hemmati.
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Publish Date:23/June/2019 | 08:56

Central Bank of Iran Says Bank Deposits Growing

EghtesadOnline: Deposits in Iranian banks and credit institutions totaled 20,223 trillion rials ($155 billion) during the eleven-months to Feb 19, up 32% compared to the same period a year ago.
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Publish Date:16/June/2019 | 11:43

CBI Chief Holds Talks in Seoul

EghtesadOnline: Heads of the central banks of South Korea and Iran met in Seoul to discuss banking hurdles between the two sides and find workable solutions.
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Publish Date:08/June/2019 | 11:03

CBI Chief Censures South Korea Banks

EghtesadOnline: In a meeting with South Korean Ambassador Ryu Jeong-hyun, the governor of the Central Bank of Iran faulted banks in that country for blocking Iranian assets and creating financial difficulties for Iran’s businesses.
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Publish Date:01/June/2019 | 10:36

Printing Money Does Not Fix Budget Deficits

EghtesadOnline: The Central Bank of Iran is strongly opposed to the policy of printing money to plug budget holes, Abdolnasser Hemmati, the CBI boss, said.
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Publish Date:12/May/2019 | 14:04

Majlis to Probe CBI Performance

EghtesadOnline: Lawmakers on Sunday decided to look into the performance of the Central Bank of Iran during the past five years. The bank’s seemingly poor performance in regulating the currency market and the questionable activities of shadow banks are among the main motives behind the parliamentary move.
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Publish Date:06/May/2019 | 14:06

New CBI Measures to Help Forex Stability

EghtesadOnline: Bank-affiliated exchange bureaux are required to cut the cost on money transfers in order to facilitate currency deals in banknote and hawala, the Central Bank of Iran reported on its website.
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Publish Date:13/April/2019 | 14:43

CBI Unperturbed by Latest US Animosity

EghtesadOnline: The United States' unilateral and illegal sanctions have no significant impact on Iran’s market, governor of the Central Bank of Iran said Tuesday.
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Publish Date:10/April/2019 | 24:26

CBI Chief: FATF Crucial for Foreign Banking Ties

EghtesadOnline: Governor of the Central Bank of Iran Abdolnaser Hemmati says recommendations of the anti-money laundering body, the Financial Action Task Force, are part and parcel of international banking norms and thus essential for financial ties to the outside world.
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Publish Date:02/March/2019 | 11:57

Majlis Will Not Tax CBI

EghtesadOnline: Lawmakers on Monday put on hold a decision to tax the foreign exchange revenues of the Central Bank of Iran after the CBI governor asked them to rethink the move.
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Publish Date:28/January/2019 | 15:02

Currency Rates Rise in Tehran, CBI Reassures Public

EghtesadOnline: Foreign exchange rates surged in the Tehran market on Saturday, prompting the Central Bank of Iran to release a statement to reassure the public that it has a grip on the market.
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Publish Date:13/January/2019 | 14:26

CBI Surveys Changes in Iran Export Price Index (Nov 2018)

EghtesadOnline: The Export Price Index in Iran stood at 938.7 for the eighth month of the current fiscal year (Oct. 23-Nov. 21, 2018), registering a 5.9% decrease compared with the preceding month, and a 240.2% rise compared with the similar month of 2017, the Central Bank of Iran’s latest data show.
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Publish Date:06/January/2019 | 13:17

CBI Frets Over Debt of Non-Gov’t Banks

EghtesadOnline: The Central Bank of Iran in its latest report said debts of banks and credit institutions to the CBI totaled 1.5 quadrillion rials ($11.32 billion) in the calendar month September 22, up 37.3% year on year and 14.1% compared to the last yearend (March 21).
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Publish Date:21/November/2018 | 10:23

CBI Governor: EU Mechanism Allows Access to Export Earnings

EghtesadOnline: Governor of the Central Bank of Iran has provided some details about the payment system to be unveiled by the European Union in the coming days saying that the mechanism allows Iranian and European businesses to access their export earnings.
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Publish Date:28/October/2018 | 07:56

CBI : Iran's YOY Inflation at 36.9% - (Oct 2018)

EghtesadOnline: The goods and services Consumer Price Index for urban areas for the Iranian month Mehr, ending Oct. 22, increased by 36.9% compared with the similar month of last year.
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Publish Date:28/October/2018 | 07:49

Iranian Bank Debts to CBI Rising at Alarming Rate

EghtesadOnline: Debts of banks to the Central Bank of Iran have been rising at an alarming rate in recent years and the issue has become a major challenge for the banking system because the unpaid debts are a major factor behind the bulging liquidity and the galloping inflation.
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Publish Date:20/October/2018 | 09:24

CBI Reports 28% Rise in Foreign Assets

EghtesadOnline: Data released by the Central Bank of Iran Thursday show that the regulator increased its foreign assets by 28% during the fifth calendar month ending August 22.
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Publish Date:13/October/2018 | 07:06