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Foreign Assets of Banks Up 6%

EghtesadOnline: Data released by the Central Bank of Iran for the month ending January 19 put banks’ total foreign assets at 2.3 quadrillion rials ($61.5 billion) by January 19, marking a 6% growth compared with the same period of last year.
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Publish Date:19/March/2017 | 10:09

Komijani Downplays Banking Woes

EghtesadOnline: The Iranian banking system is not bankrupt, contrary to some reports and the Central Bank of Iran is in control, the vice governor of CBI said.
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Publish Date:12/March/2017 | 14:46

Monetary Discipline on CBI Agenda

EghtesadOnline: A senior official of the Central Bank of Iran outlined past and future measures of President Hassan Rouhani's government in line with the implementation of Resistance Economy principles and the beneficial effects of Iran's nuclear deal with world powers on the economy.
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Publish Date:07/March/2017 | 13:26

CBI : No Rise in Interbank Rates

EghtesadOnline: The Central Bank of Iran has denied recent reports that put the interbank lending rate at 26%, stressing that its average is considerably lower.
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Publish Date:22/February/2017 | 05:47

CBI Says Currency Fears Are Over

EghtesadOnline: The Central Bank of Iran has managed to control foreign exchange rates and promote a relative stability in the forex market despite a turbulent season that saw the rial drop to historic lows against the dollar, the bank's deputy for economic affairs said.
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Publish Date:20/February/2017 | 15:50

Banks Urged to Pursue Profitability, Transparency

EghtesadOnline: In order to have a healthy bank, branch managers ought to ensure the bank's profitability while abiding by the law and observing transparency. Farshad Heydari, the Central Bank of Iran's deputy for supervisory affairs, made the announcement at a ceremony honoring successful bank and credit institution managers.
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Publish Date:19/February/2017 | 14:40

Iran’s Budget Deficit: $7b in 9 Months

EghtesadOnline: Iran’s budget deficit for the three quarters of the current fiscal year (March 20-December 20, 2016) amounted to 268.9 trillion rials ($7 billion), according to the latest data released by the Central Bank of Iran.
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Publish Date:19/February/2017 | 05:41

Iran can become next major Bitcoin market by stopping to use USD

EghtesadOnline: Following the recent problems occurred after US President Donald Trump has taken office and the CBI ’s fresh policy to stop using US dollar, Iran can become the next major Bitcoin market, the British website ‘Coin Telegraph’ reported.
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Publish Date:13/February/2017 | 08:33

Trade Costs Declining After Sanctions Relief

EghtesadOnline: The achievements of Iran's nuclear deal must not be undermined, as the cost of foreign trade for the country is declining among other things, the governor of the Central Bank of Iran said.
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Publish Date:10/February/2017 | 14:16

CBI Gov hails JCPOA economic benefits

EghtesadOnline: Iran should rely on its stability and security to attract foreign investment and build on the economic opportunities reaped after implementation of the nuclear deal, says the governor of the Central Bank of Iran ( CBI ).
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Publish Date:16/January/2017 | 16:10

Iran’s tax revenues hit $18B in 8 months

EghtesadOnline: Iran’s tax revenues amounted to 582.8 trillion rials ($18 billion based on official rate of each 32,369 rials per USD) in the first eight months of the current Iranian fiscal year (March 20-Nov. 21, 2016), Central Bank of Iran ( CBI ) reported.
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Publish Date:14/January/2017 | 15:15

Majlis Boosts CBI ’s Regulatory Clout

EghtesadOnline: Lawmakers defined new responsibilities for the Central Bank of Iran and law enforcement, as they ratified more enhanced regulatory measures to counter the operations of uncertified financial institutions.
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Publish Date:14/January/2017 | 06:04

CBI : Iran among fastest growing economies

EghtesadOnline: Central Bank of Iran ( CBI ) announced that the gross domestic product grew 7.4 percent in the first half of the current fiscal year (started March 20) compared to the figure for the same period last year.
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Publish Date:20/December/2016 | 09:59

CBI : Iran's economic growth hits 7.4%

EghtesadOnline: Central Bank of Iran ( CBI ) announced on Saturday that Iran's Gross Domestic Product (GDP) in the first half of the current Iranian calendar year (started on March 21) shows a 7.4% growth in comparison with the same period last year.
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Publish Date:18/December/2016 | 19:52