Interest Rate
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Call for Boosting Interest Rate to Curb Forex Crisis
EghtesadOnline: The rising value of foreign exchange against the rial has been a cause for serious concern in recent months.
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The Interest Rate Quandary
EghtesadOnline: Higher interest rates seem inevitable but understanding the need, composition and rationale is of the utmost importance, Kamran Nadri, a monetary and banking commentator said.
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High Mortgage Interest Rates Render Home Buying Unjustified
EghtesadOnline: Mohammad Hashem Botshekan, former managing director of Bank Maskan, the state agent bank of the housing sector, calls for single-digit interest rates to help low-income borrowers…
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Iran's CB Again Raises Lower Bound of IRC
EghtesadOnline: The Central Bank of Iran again raised the lower bound of interest rate corridor (IRC) in the interbank market to further narrow the interbank interest rate spread.
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Central Bank of Iran Again Raises Interbank Deposit Rate
EghtesadOnline: In bid to further narrow the rate spread in the interest rate corridor (IRC) the Central Bank of Iran announced that it would raise rates on interbank deposits by 1 percentage…
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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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Central Bank of Iran Signals Interest Rate Hike
EghtesadOnline: The Central Bank of Iran has sent another signal that it is about to raise interest rates. It has allowed banks and credit institutions to renew one-year deposit contracts that…
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Iran: Interest Rate Growth Gathers Pace
EghtesadOnline: Two major banks have been allowed by the Central Bank of Iran to offer certificate of deposit (CD) at interest rates higher than the current ceiling, reinforcing months-long speculatio…
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Iran's Central Bank Mulling Interest Rate Tweaks
EghtesadOnline: A senior Central Bank of Iran official said the bank is conducting studies to "revise" interest rates in the banking system.