CB
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Iran's CB Boss Says New Platform Planned for Retail Forex Trade
EghtesadOnline: The Central Bank of Iran will launch an electronic trade platform to register retail demand for foreign currency, the governor Ali Salehabadi said.
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Iran's CB to Control Lending to Curb Money Supply
EghtesadOnline: The Central Bank of Iran said its next step toward controlling broad money will be robust monitoring of lending by banks.
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Iran's CB Injects $50m to Help Share Market
EghtesadOnline: The Central Bank of Iran said Sunday it injected the rial equivalent of $50 million into the Capital Market Stabilization Fund.
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Iran's CB Says Has No Debt to Gov't
EghtesadOnline: The Governor of Central Bank of Iran Abdolnasser Hemmati dismissed claims that the CBI is the "government’s biggest debtor.”
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Iran's CB Says Monetary Variables in Check
EghtesadOnline: Growth in key monetary variables, including money supply and the monetary base, lost momentum in the calendar month to Dec. 20, the Central Bank of Iran said.
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Iran's CB Explains Some Numbers on Export Earning Dues
EghtesadOnline: Head of the Export Department of the Central Bank of Iran on Monday gave some clarification about the €25 billion in unreturned export earnings.
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Iran's CB Puts Exporters on Notice
EghtesadOnline: A package was announced Monday by the CBI outlining procedures for repatriating export earnings in the current fiscal year that ends in March 2021 and also earnings of the past…
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Iran's CB Says Not Discomfited by Forex Volatility
EghtesadOnline: The sharp increase in currency rates will not change the Central Bank of Iran's approach toward the market, the CBI governor said.
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Currency at New Low; Iran's CB Says Will Defend Rial
EghtesadOnline: Major currencies soared in Tehran on Tuesday amid new concerns among market participants about a decision by the Financial Action Task Force on Iran by the weekend.
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Iran's CB Discounts Effect of FATF Ruling on Forex Market
EghtesadOnline: Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.
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Iran's CB Committed to Fighting Dirty Money and Reduce Credit Risks
EghtesadOnline: The Central Bank of Iran is committed to fighting money laundering, speculative activities and unaccountable transactions, the CBI Governor Abdolnasser Hemmati said.
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Iran's CB Chief: Swiss Payment Mechanism Inadequate
EghtesadOnline: The governor of the Central Bank of Iran said Switzerland's payment mechanism unveiled this week for delivering humanitarian supplies to Iran is not enough, as it does not cover…
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Iran's CB Again Comes to the Aid of Manufactures: $5 Billion to Help Boost Production
EghtesadOnline: Central Bank of Iran has allocated up to 700 trillion rials ($5.3 billion) to companies via the CBI’s new funding scheme dubbed the ‘Productive Credit Certificate’, the bank’s…
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Iran's CB: Taming Inflation Is a Top Priority
EghtesadOnline: Having accomplished one goal of bringing a semblance of stability to currency market, the Central Bank of Iran will now concentrate on controlling inflation, the governor said.…
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Iran's CB Adjusts Cap on Future Regulated Forex Market
EghtesadOnline: With the aim to facilitate trade in the anticipated regulated foreign exchange market, the Central Bank of Iran raised the ceiling of planned daily forex trade fivefold.
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Iran's CB Sets Deadline For Export Revenues Repatriation
EghtesadOnline: Companies exporting non-oil goods that fail to meet their financial commitments regarding repatriation of their overseas earnings in the previous Iranian fiscal year (March 2018-19)…
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Iran's CB: Open Market Operation Set in Motion
EghtesadOnline: The Central Bank of Iran officially started open market operations as part of its monetary policy to curb inflation, control interest rates in the interbank market and manage…
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Iran's CB to Help Lift Stock Market
EghtesadOnline: Following sharp falls in the Tehran stock markets throughout last week, a senior bank official spoke about a plan to help support the market by granting loans to investors for…
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Exporters Decry Iran's CB Inaction Over Forex Repatriation Rules
EghtesadOnline: Central Bank of Iran’s conditions on non-oil exporters to repatriate their currency earnings has been criticized yet again by exporting countries after they reportedly received…
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Banking Bill Ratified Amid Iran's CB Concerns
EghtesadOnline: Majlis ratified the outlines of banking rules under the “Comprehensive Islamic Banking Bill” umbrella on Tuesday.
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Iran's CB Backs Non-Oil Foreign Trade
EghtesadOnline: The Central Bank of Iran will continue to promote non-oil trade with foreign countries, the bank’s deputy governor for currency affairs said.
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Iran's CB Enhances Anti-Money Laundering Rules
EghtesadOnline: In line with provisions of anti-money laundering guidelines, the Central Bank of Iran has further tightened rules for daily bank transactions.
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Iran's CB Catalogs Forex Given for Imports
EghtesadOnline: Soon after a call by President Hassan Rouhani, the Central Bank of Iran has published a report on its website that sheds light on the amount of subsidized currency allocated for…
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Regulated Forex Market Awaiting Okay From Iran's CB
EghtesadOnline: Head of the company that oversees the long-awaited regulated foreign exchange market says the market is ready to start functioning and is awaiting a final go-ahead by the regulator.
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Iran's CB: $3b in Subsidized Forex Allotted in 2 Months
EghtesadOnline: The Central Bank of Iran supplied over $6 billion in foreign currency for importing goods in two months since the beginning of the current fiscal on March 21.
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Iran's CB Reviews Changes in Export Price Index
EghtesadOnline: The export price index stood at 723.5 in the tenth month of the current fiscal year (Dec. 22, 2018-Jan. 20), registering a 3.4% decrease compared with the preceding month and…
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Iran's CB Announces New Incentives for Currency Repatriation
EghtesadOnline: In a bid to encourage companies to return their export earnings to the country, the Central Bank of Iran has offered a new incentive package.
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Iran's CB Chief Signs Payment Mechanism Deal in Baghdad
EghtesadOnline: Iran and Iraq signed an agreement Tuesday to establish a monetry channel for facilitating payments between the two countries. The agreement was signed by the governors of the…
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Iran's CB to Tap Blockchain Technology
EghtesadOnline: Blockchain technology is set to decentralize mechanisms governing the world’s financial systems and the Central Bank of Iran has focused efforts on studying ways to benefit from…
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Iran's CB Governor: Banking Reform First, Redenomination Afterwards
EghtesadOnline: The governor of Central Bank of Iran says the initiative to remove four zeros from the national currency will take up two years because first the legal and technical infrastructure…