Iran Rate Cuts
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Rate Cut Benefits in Retrospect
EghtesadOnline: A few months into the implementation of a Central Bank of Iran directive that meant changes for the banking system, depositors and markets, the regulator’s deputy for economic…
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Iranian Banks' Term Deposits Up Despite Rate Cuts
EghtesadOnline: The total volume of term deposits attracted by the Iranian banking system in the six months to September 22 has hit 11.36 quadrillion rials ($275.4 billion), which indicate a…
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Iran's Gold Market Rally Fuelled by Rate Cuts
EghtesadOnline: As if the recent gold rally was not enough of a surprise, the precious metal continued to gain in strength in Tehran's market–this time fueled by the Central Bank of Iran's decision…
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Rate Cuts to Propel Growth, Inflation
EghtesadOnline: The Central Bank of Iran issued a new directive less than a week ago requiring banks to rigidly observe interest rates lowered a year ago by the Money and Credit Council in the…
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Nematzadeh Opposes Forced Rate Cuts
EghtesadOnline: As the bank interest rates’ cuts are a hot topic of discussion these days, the minister of industries, mining and trade has said cutting interest rates should not be forced and…