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Banks Told to Shed Assets, Fix Balance Sheets

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has again called on lenders to tap into the stock market to improve their books and balance sheets.
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Publish Date:22/June/2020 | 11:17

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

Hemmati Defends Currency Control Policy

EghtesadOnline: Governor of the Central Bank of Iran says the bank has had at its disposal few policy options to address problems that have plagued the economy for years and came to the surface after the US imposed new sanctions in late 2018.
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Publish Date:18/January/2020 | 24:30

Assorted Factors Undermine Iran Currency Market

EghtesadOnline: Responding to the new chaos in the currency market, the Governor of Central Bank of Iran Abdolnasser Hemmati blamed it on developments unfolding in the political, social and economic arena.
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Publish Date:10/December/2019 | 24:18

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

Top Council Extends Central Bank of Iran's Forex Mandate

EghtesadOnline: The Supreme Council of Economic Coordination extended the authority of the central bank governor, Abdolnasser Hemmati , for one more year to intervene and regulate the foreign exchange market, the government spokesperson said at the weekend.
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Publish Date:16/September/2019 | 11:15

Syria Central Bank Chief Meets Hemmati

EghtesadOnline: Central bank governors of Iran and Syria on Monday discussed bilateral banking issues and prospects for setting-up a joint bank to facilitate financial ties.
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Publish Date:04/September/2019 | 11:11

Central Bank of Iran Pins Hope on OMO to Curb Inflationary Effects of Liquidity

EghtesadOnline: The Central Bank of Iran is now focused on the upcoming open market operation hoping that the monetary policy would help curb inflationary effects of the ballooning liquidity because previous measures failed to produce the desired results the bank’s governor said.
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Publish Date:03/September/2019 | 09:54

Iran's Banking Reforms Making Slow But Steady Progress

EghtesadOnline: Governor of Central Bank of Iran says the bank has been working hard to reform the banking system long grappling with mismanagement and financial indiscipline.
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Publish Date:01/September/2019 | 09:30

Central Bank of Iran Governor Defends 1-Year Mandate

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has reviewed the achievements of the bank one year after he took office and outlined future plans.
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Publish Date:27/July/2019 | 24:09

Hemmati Holds Talks in Ankara

EghtesadOnline: Governor of the Central Bank of Iran and the accompanying delegation arrived in Ankara on Thursday for talks on improving banking and monetary cooperation.
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Publish Date:20/July/2019 | 10:31

Import of Iran Oil Critical for Success of INSTEX

EghtesadOnline: The governor of the Central Bank of Iran says the European Union’s newly-launched trade mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), needs to be financed by importing oil from Iran to ensure its sustainable operation.
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Publish Date:01/July/2019 | 10:58

Iran: New Trade Monitoring System Planned

EghtesadOnline: Governor of the Central Bank of Iran says a new trade monitoring system is in the offing to complement the Integrated Forex Deals System (known by its Persian acronym Nima).
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Publish Date:24/June/2019 | 11:36

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

Hemmati Says US Pressure Tactics in Vain

EghtesadOnline: Governor of the Central Bank of Iran says despite the United States declared policy of maximum pressure to hurt Iran’s economy, the country has devised ways to access its foreign earnings.
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Publish Date:01/June/2019 | 10:29

$18.7b of Iran's Export Earnings Repatriated Last Year

EghtesadOnline: In the previous fiscal (March 2018-19) exporters repatriated $18.7 billion of their export earnings to the country, the Central Bank of Iran Governor Abdolnasser Hemmati wrote in an Instagram post Friday.
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Publish Date:18/May/2019 | 11:02

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

Central Bank of Iran Signals No Interest Rate Hikes

EghtesadOnline: Abdolnasser Hemmati says local banks have no plans for now to increase interest rates because of the state of the economy and bank sector challenges.
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Publish Date:16/April/2019 | 13:53