CBI welcomes prosperity of stock market: governor

TEHRAN – The Governor of the Central Bank of Iran (CBI) has said predictability of the economy is a prerequisite for the stability of markets adding that the central bank welcomes the prosperity of the capital market.

Lifting banking sanctions a must for nuclear negotiations to succeed: CBI

TEHRAN – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Saturday that guaranteed and comprehensive lifting of sanctions against the country’s banking system is a priority for Iran in order for the nuclear talks to proceed.

IMF should respond to Iran’s legal request: CBI governor

TEHRAN- The governor of the Central Bank of Iran (CBI) said that the International Monetary Fund (IMF) should respond to Iran's legal request.

National Housing Action Plan costs unchanged

TEHRAN – Iran’s Deputy Transport and Urban Development Minister for Housing and Construction Affairs Mahmoud Mahmoudzadeh has said that the construction costs for the National Housing Action Plan are set based on the current year’s construction material price list and haven’t changed.

Tehran, Muscat stress expansion of economic, banking ties

TEHRAN- During a meeting between the Governor of the Central Bank of Iran (CBI) and Oman’s Foreign Affairs Minister Sayyid Badr bin Hamad, in Muscat on Tuesday, the two sides emphasized the necessity of expanding bilateral economic and banking relations.

Inflation expectations lower as money growth stops

TEHRAN- The governor of the Central Bank of Iran (CBI) said that the money growth has stopped in the ninth Iranian calendar month of Azar (November 21-December 20, 2020), which is an important sign of decreasing inflation expectations.

Iran assumes rotating presidency of G24

TEHRAN - Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati was appointed as the chairman of the Group of 24 for a period of twelve months, in the recent virtual meeting of the ministers and heads of this group, according to the CBI’s office of public relations.

Tehran, Baghdad discuss banking issues, expansion of financial relation

TEHRAN - Governor of Central Bank of Iran (CBI) met with Iraq's Finance Minister Ali Abdul Amir Allawi on Monday to discuss the expansion of bilateral relations and issues related to the banking and financial sectors, IRNA reported.

Rouhani dismisses U.S. sanctions as internal ‘political propaganda’

TEHRAN – In his first response to the new sanctions the U.S. imposed on Iran on Thursday, President Hassan Rouhani said these sanctions were imposed to serve political goals in the United States.

CBI governor, private sector representatives discuss forex issues

TEHRAN – The governor of the Central Bank of Iran (CBI) held a meeting with the board of directors of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) to discuss issues related to the reinjection of the private sector’s foreign currency incomes into the economy.

CBI pledges to restore balance in forex market in coming weeks

TEHRAN – The Central Bank of Iran (CBI) is taking necessary measures for restoring balance in the domestic foreign currency market, Tasnim reported on Saturday.

‘Iran to take back funds from S. Korea through legal, intl. channels’

TEHRAN- Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati said that Iran will take back its dollars from South Korea through legal and international methods, IRNA reported.

Iran pushes South Korea to release billions withheld by banks

Iran is escalating its pressure on South Korea to release billions of dollars of oil-export revenue, arguing that Seoul is buckling to pressure from its U.S. ally and illegally withholding funds needed to counter the West Asia’s worst coronavirus outbreak.

Over $3b allocated to supply basic goods in 2 months

TEHRAN – Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said the bank has managed to supply over $3 billion foreign currency for importing basic goods in the first two months of the current Iranian calendar year (March 20-April 19).

‘Non-oil exports booming as pandemic subsides’

TEHRAN - Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said the country’s non-oil exports are improving following a downtrend of the coronavirus cases in the country, IRNA reported.

CBI capable of controlling currency market: governor

TEHRAN – Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati says the bank is going to control the currency market just like it did in the previous year, IRNA reported.

‘CBI’s access to its foreign resources improving’

TEHRAN – Governor of Central Bank of Iran (CBI) says the bank’s access to its financial resources abroad is improving, IRNA reported on Wednesday.

Iran changes national currency from ‘rial’ to ‘toman’

Majlis approves slashing 4 zeros from currency

TEHRAN- Iranian parliament (Majlis) approved a government’s bill proposed by the Central Bank of Iran (CBI) for eliminating four zeros from the national currency, CBI governor wrote in an Instagram post on Monday.

IMF should put politics aside, do its professional duties: Iran’s central banker

TEHRAN – The Central Bank of Iran (CBI) governor has urged the International Monetary Fund to put politics aside and do its professional duties in regard to Iran’s requests for financial aid during crises, especially in the wake of the coronavirus pandemic.

Over $17.8b of facilities to be paid to production units

TEHRAN- Iranian banking system will offer 750 trillion rials (about $17.85 billion) of facilities to the production units hurt by the current economic condition in the country, the governor of Central Bank of Iran (CB) announced.

Inflation rate falls 2.2%: SCI

TEHRAN- The Statistical Center of Iran (SCI) announced that the inflation rate in the twelve-month period ended on March 19, which marks the end of the past Iranian calendar year, stood at 34.8 percent.

‘FATF blacklist won’t affect Iran’s foreign trade, forex market stability’

TEHRAN – The governor of Central Bank of Iran (CBI) says blacklisting Iran by the Financial Action Task Force (FATF) is not going to cause any problem for the country’s foreign trade and stability of foreign currency market.

Over $35b supplied for import of basic goods since last March

TEHRAN- Despite the U.S. sanctions and their most pressures on Iranian economy Iran has managed to supply $35.5 billion for importing basic commodities in the current Iranian calendar year (began on March 21, 2019), Central Bank of Iran (CBI)’s governor informed on Tuesday.

Inflation rate seen to fall to 20% next year

TEHRAN- Inflation rate in Iran is predicted to go down to under 20 percent in the coming Iranian calendar year (begins on March 19), Central Bank of Iran (CBI) Governor Abdolnaser Hemmati announced on Tuesday.

Iranian economy emerging from recession: central bank

TEHRAN - The governor of the Central Bank of Iran (CBI) said CBI’s major economic indicators show that the economy is emerging from a recession that began nearly two years ago when the United States imposed sanctions on Tehran.

NIMA supplies over €25b for imports of goods, services since April 2018

TEHRAN - Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied over €25 billion for imports of goods and services since it was launched in April 2018 up to February 1, 2020, IRNA reported.