Abdolnasser Hemmati - page 3

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

Hemmati Signals Interest Rate Cuts

EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has announced the bank's decision to alter the liquidity structure by curbing money supply and lowering bank rates.

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Publish Date:13/April/2019 | 14:47

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

Hemmati Sees Positive Side of Things

EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati says by implementing the tenets of the Resistance Economy in the new fiscal year (started March 21), the country can reduce the negative impact of unilateral US sanctions on the economy.

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Publish Date:06/April/2019 | 15:03

Open Market Operations Predicted in Iran's 2019 Budget Bill

EghtesadOnline: The mechanisms for implementing open market operations, as an effective measure to control and implement monetary and interest rate policies, have been included in next year’s (March 2019-20) budget bill, said the governor of Central Bank of Iran.

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Publish Date:09/December/2018 | 11:58

Iran Pursuing Options to SWIFT

EghtesadOnline: Governor of the central bank says if Iran is disconnected from the Belgium-based financial messaging service SWIFT (the Society for Worldwide Interbank Financial Telecommunications), alternative systems will be used to preserve ties with its trading partners.

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Publish Date:10/November/2018 | 09:22

€3.2 Billion for Essential Imports

EghtesadOnline: Central Bank of Iran Governor Abdolnasser Hemmati announced on his Instagram page that €3.2 billion have been allocated for the import of essential goods in the past one month.

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Publish Date:15/September/2018 | 05:30

CBI Says Will Fight Liquidity

EghtesadOnline: The Central Bank of Iran has vowed to curb the rising tide of liquidity, which he blamed as the source of all market volatility, including a currency crisis that has seen the rial drop to record lows since April.

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Publish Date:02/September/2018 | 04:09

Central Bank of Iran Outlines Top Priorities

EghtesadOnline: The governor of the Central Bank of Iran, who took the reins of the policymaking body late last month, has outlined his top priorities for solving the problems and instilling stability in the economy.

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Publish Date:19/August/2018 | 04:28

Iran Gov’t Moves Closer to Market Economy

EghtesadOnline: The government has eased foreign exchange rules and allowed money exchangers to resume work at open market rates, as part of the latest rescue package intended to calm the volatile market.

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Publish Date:07/August/2018 | 06:17