Bank loans to economic sector rise 12% in H1

TEHRAN- According to the latest report released by the Central Bank of Iran (CBI), the granted banking facilities to domestic economic sectors witnessed 12.1 percent growth during the first half of the present Iranian calendar year (March 21-September 22) compared to the same period of time in the past year, IRIB reported.

Income tax revenue rises 11.7% in 5 months on year

TEHRAN- Income tax revenue has risen 11.7 percent during the first five months of current Iranian calendar year (March 21-August 22) compared to the same period of time in the previous year, Tasnim news agency reported on Sunday citing the data released by the Central Bank of Iran (CBI).

External debt down 8%

TEHRAN- According to the newest data released by the Central Bank of Iran (CBI), Iran’s debts to foreign lenders in the end of the fifth Iranian month of Mordad (August 22, 2018) stood at $10.405 billion, showing eight percent decrease in comparison with announced figure in the first Iranian calendar month of Farvardin (March 21- April 20, 2018), IRIB reported on Sunday.

Iran's central bank authorized to amend banking system

TEHRAN- The Supreme Economic Coordination Council, led by President Hassan Rouhani, approved on Saturday the Central Bank of Iran’s (CBI) program aimed to modify the national banking system, IRNA reported.

Liquidity almost at $392b in a month

TEHRAN- Iran’s liquidity stood at 16.46 quadrillion rials (about $391.9 billion) during the fifth month of the present Iranian calendar year, Mordad (July 23- August 22, 2018), according to a report released by the Central Bank of Iran (CBI).

By Haniyeh Sadat Jafariyeh

After repeated record lows, rial recovers unexpectedly

Following government’s Saturday measure to grant authority to the Central Bank of Iran (CBI) to interfere in the foreign exchange market in defense of the rial, the Iranian currency started to regain incrementally.

Inflation rate at 13.5%: CBI

TEHRAN- The Central Bank of Iran (CBI) announced that the inflation rate in the twelve-month period ended on September 22, which marks the end of the Iranian calendar month of Shahrivar, stood at 13.5 percent, IRIB reported.

External debt down 5.6%

TEHRAN- According to the newest data released by the Central Bank of Iran (CBI), Iran’s debts to foreign lenders in the end of the fourth Iranian month of Tir (July 22, 2018) stood at $10.66 billion, showing 5.6 percent decrease in comparison with announced figure in the first Iranian calendar month of Farvardin (March 21- April 20, 2018), IRIB reported on Sunday.

Bank loans to economic sector up 15.6%

TEHRAN- According to the latest report released by the Central Bank of Iran (CBI), the granted banking facilities to domestic economic sectors witnessed 15.6 percent growth during the first five months of the present Iranian calendar year (March 21-August 22) compared to the same period of time in the past year, IRIB reported on Sunday.

GDP growth at 1.8% in spring

TEHRAN- Iran's growth of gross domestic product (GDP) stood at 1.8 percent in the first three months of the current Iranian calendar year 1397 (March 21-June 21), corresponding to spring 2018, data released by Central bank of Iran (CBI) showed.

€3.2b paid for importing basic goods

TEHRAN- The Central Bank of Iran (CBI) has paid €3.2 billion to import basic goods during the past month, according to the central bank governor.

Banking arrears of govt. up 22.4% in a month on year

TEHRAN- Debts of the Iranian government and state-run companies to the banking system hit 2.83 quadrillion rials (about $67.3 billion) in the fourth month of the present Iranian calendar year, Tir (June 22, July 22, 2018), according to the latest report of the Central Bank of Iran (CBI).

Liquidity at above $381b in a month

TEHRAN- Iran’s liquidity stood at 16.02 quadrillion rials (about $381.4 billion) during the fourth month of the present Iranian calendar year, Tir (June 22, July 22, 2018), according to a report released by the Central Bank of Iran (CBI).

Ex-CBI chief under investigation over corruption case: Judiciary

The Iranian Judiciary is investigating the former governor of the Central Bank of Iran (CBI) over recent economic corruption cases, the Judiciary spokesman Gholam Hossein Mohseni Ejei announced.

CBI pays €5.5b to supply basic goods since March

TEHRAN- According to the latest announcement of the Central Bank of Iran (CBI) the bank has paid €5.5 billion for supplying basic goods since the beginning of the present Iranian calendar year (March 21, 2018), IRNA reported.

Inflation rate at 11.5%: CBI

TEHRAN- The Central Bank of Iran (CBI) announced that the inflation rate in the twelve-month period ended on August 22, which marks the end of the Iranian calendar month of Mordad, stood at 11.5 percent, Tasnim news agency reported.

Secondary forex market witnessing smoother deals: CBI governor

TEHRAN- A smoother trend of deals is being seen in the secondary foreign currency market, according to Abdolnaser Hemmati, the governor of Central Bank of Iran (CBI).

Iran's central banker promises to improve economy

TEHRAN- Writing on Twitter, governor of the Central Bank of Iran (CBI) clarified some of the bank’s recent taken measures and adopted policies and also made some promises to keep for improving domestic economy, IRIB reported on Saturday.

Forex shops resume operation

TEHRAN- Foreign currency exchange shops officially became operational on Wednesday as part of Central Bank of Iran (CBI)’s new foreign currency package implemented since Tuesday, ISNA reported.

Details of currency rules unveiled

TEHRAN – The Central Bank of Iran (CBI)’s new foreign currency package, approved by the Cabinet on Sunday evening, would come into effect on Tuesday, CBI governor announced in a televised interview on Sunday night.

By Haniyeh Sadat Jafariyeh

Market looking forward to CBI foreign currency package

The Central Bank of Iran (CBI) launched a secondary currency market on July 3, 2018, in a bid to renovate its foreign currency system, reign the currency rates, reinforce exports, improve cooperation with foreign currency exchange shops, and to ease a dollar shortage ahead of the new turn of U.S. sanctions.

CBI accepts parliament’s plan on reinforcing secondary market

TEHRAN- After three months of incessant negotiations, the government and Central Bank of Iran (CBI) have accepted to adopt suggested policies of the parliament’s economic committee in foreign currency market, head of monetary and banking committee of the parliament was quoted by Tasnim news agency as saying on Tuesday.

ICCS to allocate foreign currency at official rate for imports

TEHRAN- According the latest decision of officials from Iranian ministries of industry, agriculture, and health besides the Central Bank of Iran (CBI) and Islamic Republic of Iran Customs Administration (IRICA), the Integrated Comprehensive Customs System (ICCS) would be utilized as the reference for pricing goods to be imported and allocation of foreign currency at official rate to import them.

Tax income increases 14% in a year

TEHRAN- According to the latest data released by the Central Bank of Iran (CBI), tax income rose 14.1 percent during the last Iranian calendar year (March 2017- March 2018) to reach 1.15 quadrillion rials (about $26.6 billion), Tasnim news agency reported on Saturday.

Liquidity at $35.3b in a month

TEHRAN- Iran’s liquidity stood at 1.52 quadrillion rials (about $35.3 billion) during the last month of the previous Iranian calendar year, Esfand (February 20- March 20, 2018), according to a report released by the Central Bank of Iran (CBI).

Secondary forex market starts operation

TEHRAN- Governor of the Central Bank of Iran (CBI) Valiollah Seif announced about official inauguration of secondary foreign exchange market on Wednesday, IRNA quoted him as saying on the sidelines of the cabinet meeting.

Inflation rate at 9.4%: CBI

TEHRAN- The Central Bank of Iran (CBI) announced that the inflation rate in the twelve-month period ended on the last day of the third Iranian calendar month of Khordad (June 21) stood at 9.4 percent, IRNA reported.

Bank loans to economic sector rise 21% in 2 months yr/yr

TEHRAN- Iranian banking system’s offered facilities to domestic economic sectors during the two-month period from March 21 to May 21 increased by 21 percent, in comparison with the same period of time in the year before, the Central Bank of Iran (CBI) announced.

Inflation rate at 9.1%: CBI

TEHRAN- The Central Bank of Iran (CBI) announced that the inflation rate in the twelve-month period ended on the last day of the second Iranian calendar month Ordibehesht (May 21) stood at 9.1 percent, IRNA reported on Saturday.

Bank loans to economic sector rise 14.9% in a month yr/yr

TEHRAN- Iranian banking system’s offered facilities to domestic economic sectors during the first month of the current Iranian calendar year (March 21-April 20) increased by 14.9 percent, in comparison with the same month in the year before, Public Relations Department of the Central Bank of Iran (CBI) announced.