CBI

Regulated Forex Market to be formed by June. 21: MP

TEHRAN, May 27 (MNA) – The CBI's planned Regulated Foreign Exchange Market will be formed by the end of the present Iranian month, Khordad, (June 21, 2019), Mohammadreza Pourebrahimi, the Chairman of Iran’s Parliament Economic Committee said on Monday.

CBI’s new directive on re-injection of export income requires amendment

TEHRAN, May 25 (MNA) – Central Bank of Iran (CBI) unveiled a directive package on Monday which provides the country’s exporters with guidelines about how they should re-inject their foreign currency incomes into the country’s economy.

Imports of basic goods at 1.2mn tons in 2 months

TEHRAN, May 25 (MNA) – During the first two months of the current Iranian calendar year (ending on May 21, 2019) Iran imported 1.2 million tons of basic goods, the deputy agriculture minister Yazdan Seif announced on Saturday.

CBI not to eliminate forex management integrated system NIMA: governor

TEHRAN, May 25 (MNA) – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced that the central bank is not intended to omit Iran's domestic Foreign Exchange Management Integrated System (locally known as NIMA) from domestic forex trade market.

CBI to create personal forex profile for each Iranian

TEHRAN, May 22 (MNA) – An official from the Central Bank of Iran (CBI) announced on Wednesday that the central bank plans to create a personal foreign exchange profile for each Iranian in near future.

$18.7bn of exports forex revenues returned: CBI gov.

TEHRAN, May 21 (MNA) – “As of the beginning of the present Iranian year (March 21), about $18.7 billion of foreign exchange revenues earned via non-oil exports have been returned to the country’s economy cycle,” the Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced on Tuesday.

Hemmati lashes out at EU for ‘threadbare’ remarks over INSTEX

TEHRAN, May 14 (MNA) – Governor of the Central Bank of Iran criticized European countries for repeating ‘threadbare’ remarks over their promised trade mechanism for Iran (INSTEX) and their failure to make it operational.

Iran to launch integrated foreign exchange market next week

TEHRAN, May 11 (MNA) – The Central Bank of Iran will launch its newly-devised integrated foreign exchange market next week to define the real rate of the US dollar.

CBI to launch new mechanism next week to curb rising prices in foreign currency market

TEHRAN, May 05 (MNA) – An official with central bank of Iran (CBI) says that the previously announced one single organized foreign currency market will be inaugurated as soon as next week.

CBI alloted €2bn for necessity goods, medicine since March

TEHRAN, May 05 (MNA) – The Central Bank of Iran has allotted €2 billion for the purchase of necessity goods and medicine since the start of the Iranian year on March 21.

CBI gov. announces plan to curb inflation

TEHRAN, Apr. 28 (MNA) – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced the bank’s plan for controlling the fluctuating macroeconomic variables including inflation on his Instagram page on Sunday.

Forex market controlled for the nth time: CBI governor

TEHRAN, Apr. 24 (MNA) – "The illusion about any instability or inflation in domestic foreign exchange market, which was constantly spoken of, is broken for the nth time by the Central Bank of Iran’s (CBI) management," the central bank governor Abdol-Naser Hemmati wrote on his Instagram on Wednesday.

CBI gov. in Iraq for talks on banking transactions

TEHRAN, Apr. 23 (MNA) – Governor of Central Bank of Iran, Abdolnaser Hemmati, has traveled to the Iraqi capital Baghdad to follow up on the implementation of banking agreements between the two sides, according to an informed source.

China’s Bank of Kunlun to continue coop. with Iran

TEHRAN, Apr. 22 (MNA) – China’s Bank of Kunlun on Monday announced that it will continue cooperation with non-sanctioned Iranian banks for transactions and also payments related to non-sanctioned goods.

Cabinet studying currency reconversion, lopping off 4 zeroes of nat. currency

TEHRAN, Apr. 16 (MNA) – According to the request of the Central Bank of Iran (CBI), the economic committee of the cabinet has on agenda the plan to eliminate four zeros from the national currency rial and to introduce a new one.

CBI denies rumors of loan request from IMF

TEHRAN, Apr. 14 (MNA) – Central Bank of Iran has dismissed rumors about Tehran’s request for a loan from International Monetary Fund.

Central bank fully controls foreign exchange market, says governor

TEHRAN, Apr. 07 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said Sun. that the enemies are constantly plotting against the country’s local currency the rial, saying in continuation of countermeasures, an organized market will be launched within two weeks to further thwart plots.

CBI governor:

Supporting “domestic production”, main priority of banking system in current year

TEHRAN, Apr. 07 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that backing domestic production is the main priority of the Central Bank of Iran (CBI) in the current year (started Mar. 21, 2019).

Iran registers STFI, mechanism proportionate to INSTEX: CBI governor

TEHRAN, Mar. 20 (MNA) – Governor of the Central Bank of the Islamic Republic of Iran Abdolnaser Hemmati said Wednesday that Iran has registered a mechanism called ‘Special Trade and Finance Institute (STFI)’ in proportionate to EU-established INSTEX.

CBI governor:

Iran's STFI, proportionate to INSTEX, to be registered in near future

TEHRAN, Mar. 16 (MNA) – Governor of the Central Bank of the Islamic Republic of Iran Abdolnaser Hemmati said late on Fri. that a mechanism proportionate to EU's INSTEX channel, known as Special Trade and Finance Institute (STFI), will soon be registered in Tehran.

CBI to launch new mechanism next month to keep control over forex market

TEHRAN, Mar. 03 (MNA) – The governor of the Central Bank of Iran (CBI) has announced the launch of an organized market to keep the prices in the foreign currencies exchange market down.

CBI governor:

Maintaining limited banking ties with foreign banks, ‘essential’

TEHRAN, Mar. 01 (MNA) – Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said on Friday that the country should maintain its limited banking ties with foreign banks.

Rouhani:

Zarif, Zanganeh, Hemmati, at front line of fighting US

TEHRAN, Feb. 26 (MNA) – Iranian President Hassan Rouhani said that the country's foreign ministry, oil ministry, and the Central Bank are standing at the front line of the fight against Washington.

Iraq’s political leadership supports banking agreements with Iran: Pres. Salih

TEHRAN, Feb. 06 (MNA) – The Iraqi president expressed his support for continuation of banking negotiations with Iran to remove barriers to bilateral economic and trade cooperation, adding that Iraq’s political leadership supports the talks.

CBI governor, Iraqi PM discuss boosting financial coop.

TEHRAN, Feb. 06 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati Iraq’s Prime Minister Adil Abdul-Mahdi met in Baghdad on Wednesday to discuss a host of issues, including the financial transactions between the two countries.

Iran, Iraq agree on mechanism to remove payment obstacles

TEHRAN, Feb. 06 (MNA) – Iran and Iraq signed an agreement late Tuesday on a payment mechanism to remove the obstacles blocking the settlement of Baghdad’s debts to Tehran.

Iran central bank chief arrives in Baghdad to discuss banking relations, Iraq debts

TEHRAN, Feb. 05 (MNA) – The Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati has travelled to neighboring Iraq for negotiations on expansion of bilateral banking relations.

Top Iranian council approves boost in central bank’s supervision over credit institutes

TEHRAN, Feb. 03 (MNA) – The Supreme Council of Economic Coordination convened on Sunday in a session chaired by President Hassan Rouhani, with heads of the other branches of the government in attendance.