Total:88
-
2019-07-24 23:27
By Mahnaz Abdi
Integrated forex market to replace NIMA?
In early January, Money and Credit Council (MCC), the highest banking policy-making body of Central Bank of Iran (CBI), approved establishment of an integrated forex market as the CBI aims to explore the real volume of demand and supply in the foreign currency market through a new mechanism.
-
2019-07-22 17:35
Govt. economic committee approves mechanism for mining cryptocurrencies
TEHRAN - Iranian government’s economic committee on Sunday approved a mechanism for mining cryptocurrencies as Iran rushes to bring its growing mining farms in line with national laws, Mehr news agency reported.
-
2019-07-21 23:43
Bank loans to economic sector rise 20% yr/yr
TEHRAN- Iranian banking system offered nearly 13 quadrillion rials (over $309.5 billion) facilities to domestic economic sectors during the past Iranian calendar year (March 21, 2018-March 20, 2019), to register a 20 percent raise in comparison with the year before, Central Bank of Iran (CBI) data showed.
-
2019-07-19 19:18
By Mahnaz Abdi
Forex market stabilized, rial soaring
Forex market in Iran has been experiencing many ups and downs after the U.S. withdrew from Iran’s nuclear deal (known as JCPOA) in May 2018.
-
2019-07-15 20:49
CBI manages to stabilize foreign currency market: report
TEHRAN – The value of Iranian rial is recovering against the U.S. dollar as the Central Bank of Iran (CBI) policies for shielding the currency against the U.S. sanctions are taking effect.
-
2019-07-10 22:35
‘$5b of non-oil revenues injected to NIMA since March’
TEHRAN – Iran’s non-oil exporters injected $5 billion of their revenues into the Forex Management Integrated System, locally known as NIMA, since the beginning of the current Iranian calendar year (March 21), IRNA reported, quoting an official with the Central Bank of Iran (CBI).
-
2019-07-09 22:03
Liquidity at $448b in a year: CBI
TEHRAN- Iran’s liquidity stood at 18.82 quadrillion rials (about $448.095 billion) in the past Iranian calendar year (ended on March 20, 2019), IRIB reported citing a report released by the Central Bank of Iran (CBI).
-
2019-07-08 20:00
Iran’s foreign debt drops 17% in a year: CBI
TEHRAN - Iran’s foreign debt fell to $9.339 billion at the end of the last Iranian calendar year (March 20, 2019), registering a nearly 17 percent drop compared to the figure for the preceding year, IRNA reported on Monday, citing central bank data.
-
2019-07-02 22:22
Govt., private sector discuss amending CBI directive on re-injection of export income
TEHRAN - The 86th Dialogue Council of the Government and the Private sector was held in Tehran on Tuesday to discuss issues pertain to foreign trade and currency market, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.
-
2019-06-25 21:09
CBI hosts a gathering of economists to discuss monetary issues
TEHRAN – In a meeting with the country’s economists in Tehran on Monday, the governor of Central Bank of Iran (CBI) explored issues like Integrated Forex Market, open market operations (OMO), liquidity and inflation, IRIB reported.
-
2019-06-21 19:51
Industry ministry unveils directive on re-injection of export income
TEHRAN – Following the Central Bank of Iran (CBI), the ministry of industry, mining and trade has issued a directive package which provides the country’s exporters with guidelines about how they should re-inject their foreign currency incomes into the country’s economy, IRNA reported on Thursday.
-
2019-06-19 18:13
NIMA supplies over €4.5b for imports of basic goods
TEHRAN- Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €4.564 billion for imports of basic goods since the beginning of current Iranian calendar year (March 21), IRNA reported on Wednesday.
-
2019-05-28 19:47
Capital market optimistic about integrated forex market
TEHRAN- Iranian capital market’s experts are optimist about launching the integrated forex market, as this market promotes the performance of domestic industries which will lead to positive performance of the capital market, IRNA reported on Tuesday quoting some of these experts including Homayoun Darabi and Mohammad Eqbal-Nia.
-
2019-05-25 21:20
NIMA will not be omitted: CBI governor
TEHRAN- Central Bank of Iran (CBI)’s governor dismissed the news that the domestic Forex Management Integrated System (locally known as NIMA) would stop activity, IRIB reported.
-
2019-05-24 21:03
Inflation rate at 34.2%: statistical center
TEHRAN- The Statistical Center of Iran announced that the inflation rate in the twelve-month period ended on May 21, which marks the end of the second Iranian calendar month of Ordibehesht, stood at 34.2 percent, IRIB reported.
-
2019-05-20 20:11
CBI issues directive on re-injection of export income
TEHRAN – Central Bank of Iran (CBI) has unveiled a directive package which provides the country’s exporters with guidelines about how they should re-inject their foreign currency incomes into the country’s economy, Tasnim news agency reported on Monday.
-
2019-05-17 19:26
‘Exporters re-inject 60% of their foreign currency earnings into economy’
TEHRAN- The governor of the Central Bank of Iran (CBI) said so far the country’s exporters have re-injected 60 percent of their total exports revenues in the form of foreign currency into the country’s financial system, IRNA reported on Friday.
-
2019-05-10 20:18
Iran to launch organized forex market next week: fin. min.
TEHRAN- Iranian finance and economic affairs minister announced that an organized forex market will be launched in the country in the next week, IRNA reported on Friday.
-
2019-05-03 20:10
CBI drafts plans for shielding economy against sanctions
TEHRAN - Central Bank of Iran (CBI) Governor Abdolnaser Hemmati announced on Friday some of CBI plans for neutralizing or relieving the impact of U.S. sanctions on the country’s economy, IRNA reported.
-
2019-04-24 20:30
‘Forex reserves enough to stabilize domestic market amid U.S. pressures’
TEHRAN - Central Bank of Iran (CBI) Governor Abdolnaser Hemmati said the country’s foreign currency reserves are enough to stabilize the country’s forex market after U.S. ended the waivers for Iranian oil buyers.
-
2019-04-15 19:58
Natural disasters insurance fund to be established: CBI governor
TEHRAN- Central Bank of Iran (CBI) Governor Abdolnaser Hemmati announced that a natural disaster insurance fund will be set up in the country, IRIB reported.
-
2019-04-14 20:05
CBI rejects rumors of requesting loan from IMF
TEHRAN – Central Bank of Iran (CBI) has denied the recent rumors about the bank applying for a loan from the International Monetary Fund (IMF).
-
2019-04-09 21:43
'U.S. move against IRGC indicates its failure in anti-Iran economic measures'
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati underlined that the U.S. designation of the Islamic Revolution Guards Corps (IRGC) as a ‘terrorist organization’ shows its failure in anti-Iran economic pressures and policies.
-
2019-04-08 20:18
Iran’s annual oil revenues exceed $65.8b: CBI
TEHRAN – According to the Central Bank of Iran (CBI)’s latest data, Iran’s revenues from crude oil and oil products exports in the Iranian calendar year of 1396 (March 2017 - March 2018) stood at $65.818 billion.
-
2019-03-16 20:58
Iran’s mechanism for INSTEX to be set up soon: CBI governor
TEHRAN- The Iranian mechanism which is in consistence with INSTEX (the special purpose vehicle to facilitate trade between the EU and Iran to get around U.S. sanctions) will be set up in Tehran soon, Central Bank of Iran (CBI) Governor Abdolnaser Hemmati said on Friday night.
-
2019-03-04 20:11
‘Iraq willing to establish joint bank with Iran’
TEHRAN – Iraq has expressed readiness to establish a joint bank with Iran, Tasnim news agency reported on Monday quoting the secretary general of Iran-Iraq Joint Chamber of Commerce.
-
2019-02-26 20:45
By Haniyeh Sadat Jafariyeh
Contentious case of FATF membership
The Paris-based Financial Action Task Force (FATF) on Friday extended the suspension of countermeasures against Iran for another four months, until June, recognizing the country's efforts in meeting its Action Plan.
-
2019-02-06 20:02
Liquidity almost at $410b in a month
TEHRAN- Iran’s liquidity stood at 17.25 quadrillion rials (about $410.7 billion) during the seventh month of the present Iranian calendar year, Mehr (October 22- November 21, 2018), according to a report released by the Central Bank of Iran (CBI).