CBI

CBI governor:

Iran, Russia launch SWIFT-free banking ties

TEHRAN, Sep. 17 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced Monday the establishment of banking relations between Iran and Russia independent from SWIFT payment system.

Iran, Turkey investigating trade via national currencies: CBI gov.

TEHRAN, Sep. 16 (MNA) – Governor of the Central Bank of Iran (CBI) said on Monday that during the meeting held between Presidents of Iran and Turkey on the same day in Ankara, the two sides focused on expansion of trade and banking ties besides doing monetary transactions via Rial or Lira.

Central bank chief says forex market stable despite increasing US pressures

TEHRAN, Sep. 09 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati has said that despite the continuation of US ‘Maximum Pressure’ campaign, Iran’s foreign currencies market is stable.

CBI governor:

Month-long pressures of sanction devisers ‘broken’

TEHRAN, Sep. 05 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that month-long pressures imposed by sanction-devising countries against Iran were now broken.

Iran’s forex policy not influenced by French offer of $15bn credit line: CBI Gov.

TEHRAN, Sep. 04 (MNA) – Governor of the Central Bank of Iran (CBI) said on Wednesday that efforts to supply foreign currency resources are in progress irrespective of a French proposal for the launch of a $15 billion credit line for oil purchases from Iran.

By: Mahnaz Abdi

Investment funds laying ground to attract more investors

TEHRAN, Sep. 03 (MNA) – Investment funds have gained high popularity among the investors over the past two decades.

Economy returning to normalcy as a result of CBI proper measures: Hemmati

TEHRAN, Aug. 31 (MNA) – Governor of the Central Bank of the Islamic Republic of Iran (CBI) Abdolnaser Hemmati says the country’s economy is more stable now compared to last year as inflation rate loses momentum.

CBI governor:

Efforts underway to increase oil foreign exchange revenues

TEHRAN, Aug. 25 (MNA) – Governor of the Central Bank of the Islamic Republic of Iran (CBI) Abdolnaser Hemmati said on Sunday that the country is planning to increase foreign exchange earnings in oil sector.

Hemmati:

Inauguration of integrated forex market deferred due to software problems

TEHRAN, Aug. 07 (MNA) – The Governor of the Central Bank of Iran (CBI) said on Wednesday that official inauguration of integrated forex market is postponed since some of the Iranian banks and foreign exchange shops have not been able to install the required software by the set deadline.

CBI gov.:

Eliminating 4 zero from national currency not to impact inflation rate

TEHRAN, Aug. 06 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Tuesday that crossing out four zeros from national currency, Rial, will have no impact on inflation rate adding that the central bank is ready to implement the plan.

Official inauguration of integrated forex market postponed

TEHRAN, Aug. 05 (MNA) – Central Bank of Iran’s forex market will be inaugurated later than the predetermined date i.e. August 12, 2019, an official from the central bank (CBI) said on Monday.

Govt. agrees to slice four zeros off national currency

TEHRAN, Jul. 31 (MNA) – The Iranian government has approved a plan to take four zeros off the national currency in a bid to curb the tide of liquidity and boost the rial again.

$27.5bn of forex offered at NIMA in a year: CBI gov.

TEHRAN, Jul. 30 (MNA) – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced on Tuesday that as of July 23, 2018 some $27 billion of foreign exchange has been offered at the Integrated Forex Deals System (NIMA).

CBI to launch Integrated Forex Market by mid-August

TEHRAN, Jul. 28 (MNA) – The Central Bank of Iran is planning to launch the Integrated Forex Deals System (Persian acronym for Nima) by mid-August.

Launch of banking messengers parallel to SWIFT, promotion of monetary treaty, ‘essential’

TEHRAN, Jul. 22 (MNA) – Member of Parliament Economic Commission Mahmoud Bahmani said Monday that launch of banking messengers parallel to SWIFT (Society for Worldwide Interbank Financial Telecommunications) and development of monetary treaty in the country is essential, the issue of which should be followed up seriously.

Deputy IRICA:

No license issued for importing ‘miner’ into country

TEHRAN, Jul. 21 (MNA) – Deputy President of the Islamic Republic of Iran Customs Administration (IRICA) Jamal Arounaghi said on Sunday that any license has not been issued for importing ‘miner’ into the country.

Iran’s trade surplus at $12bn: CBI

TEHRAN, Jul. 21 (MNA) – Exports Department Manager of Central Bank of Iran (CBI) Samad Karimi on Sunday put the country’s trade surplus at $12 billion, saying that Iranian economy can be administered without oil revenues appropriately.

Hemmati:

Controlling liquidity, protecting production main targets of central bank

TEHRAN, Jul. 16 (MNA) – The Governor of the Central Bank of Iran Abdolnaser Hemmati said on Tuesday that as in the previous year, the main goals of the central bank are controlling liquidity volume and protecting domestic production.

1st Iranian cryptocurrency under CBI permission to be unveiled

TEHRAN, Jul. 13 (MNA) – An official form the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) informed that an indigenized digital money mined under the permission of the Central Bank of Iran (CBI) is to be unveiled.

Above $5bn of non-oil export revenues earned via NIMA since Mar.

TEHRAN, Jul. 09 (MNA) – Deputy Head of Central Bank of Iran (CBI) Gholamreza Panahi said on Tuesday that as of the beginning of the present Iranian year (March 21, 2019) some five billion dollars of non-oil export revenues has been earned via CBI’s launched Integrated Forex Management System, locally known as NIMA.

Annual liquidity growth at 23.1%

TEHRAN, Jul. 08 (MNA) – According to the latest data released by the Central Bank of Iran (CBI), liquidity grew 23.1 percent to reach 18.82 quadrillion rials (above $447 billion) in the previous Iranian calendar year, 1397, (ended on March 20, 2019).

By: Mahnaz Abdi

‘Productive Financing’, CBI’s new plan for supporting production units

TEHRAN, Jul. 07 (MNA) – Like the other economic bodies of the country, Central Bank of Iran (CBI) has defined supporting production as its major plan in the current Iranian calendar year, which is named the Year of Pickup in Production, and in this regard CBI Governor Abdolnaser Hemmati has several times stressed that supporting production units to flourish production is the priority of the country’s banking system in current year.

INSTEX should be funded by Iran's oil export to EU: Hemmati

TEHRAN, Jun. 30 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that INSTEX needs to be funded by exports of Iranian oil to European countries.

Oil exports rising despite US sanctions, says CBI governor

TEHRAN, Jun. 26 (MNA) – Governor of the Central Bank of Iran, Abdolnaser Hemmati, said Wed. that despite sanctions and US’ efforts to undermine Iran’s oil sector, the country’s oil exports are on the rise.

CBI governor:

INSTEX not to work miracles, Europeans should purchase Iranian oil

TEHRAN, Jun. 23 (MNA) – “I do believe that INSTEX will not work miracles; monetary transactions should be done via it and for that Europeans should purchase our oil or open credit lines for Iran,” the Governor of the Central Bank of Iran (CBI) Abdolanser Hemmati said in a televised interview last night.

CBI calls on Europe to buy Iran’s oil or create financial line

TEHRAN, Jun. 19 (MNA) – The Governor of the Central Bank of Iran has called on Europeans to purchase Iranian oil or establish a financial line with Iran.

BY: Haniyeh Sadat Jafariyeh

Road from oil-reliant economy to oil free one

TEHRAN, Jun. 12 (MNA) – The US-led sanctions, imposed to squeeze Iran’s oil-reliant economy by restricting oil revenues, has made the need for moving toward a non-oil economy for Iran ever-increasing.

Annual tax revenues at $8.2bn: economy min.

TEHRAN, Jun. 08 (MNA) – According to Iranian Economy Minister Farhad Dejpasand up to 1.09 quadrillion rials (above $8.2 billion) of tax revenues were earned during the previous Iranian calendar year, 1397, (ended on March 20, 2019).

Iran calls on S Korea to solve banking problems

TEHRAN, Jun. 04 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati criticized Korean banks for blocking the access of Iran to its assets, calling on South Korea to solve the problem as soon as possible.