Central Bank of Iran

Zarif raps US’ ban on Iran’s access to food as ‘war crime’

TEHRAN, Oct. 09 (MNA) – Iranian Foreign Minister Mohammad Javad Zarif said the US’ sanctions on the country’s central bank, which blocks access to food and medicine, are clear instances of “war crimes.”

CBI governor:

Industrial productions at 1.2% growth in last month

TEHRAN, Oct. 07 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Monday that industrial productions in the country increased 1.2 percent in the last month of the current year (from August 21 to Sept. 22).

Iran calls for fair share in IMF decision-making

TEHRAN, Oct. 01 (MNA) – In a phone conversation with newly-appointed managing director of the International Monetary Fund (IMF), governor of Iran’s central bank called for a fair share in the decision-making process of the body.

Top economic council extends CBI authorities to manage foreign currencies market

TEHRAN, Sep. 14 (MNA) – The Supreme Council of Economic Coordination Sat. decided to extend the authorities of the Central Bank of Iran (CBI) for managing the exchange market for the purpose of stability in the market.

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.

Iran, Syria to expand banking coop.

TEHRAN, Sep. 02 (MNA) – Governor of the Central Bank of the Islamic Republic of Iran (CBI) Abdolnaser Hemmati met and held talks with his Syrian counterpart Hazem Karfoul on development of economic and business relations.

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.

Iran, Australia stress expansion of banking, trade coop.

TEHRAN, Jul. 30 (MNA) – Deputy Governor of the Central Bank of Iran (CBI) Akbar Komijani held talks with Australian ambassador to Tehran Ian Biggs on development of banking and trade cooperation.

CBI governor in S Korea for monetary talks

TEHRAN, Jun. 03 (MNA) – Governor of the Central Bank of Iran, Abdolnaser Hemmati, landed in South Korean capital Seoul on Sunday evening to hold talks on financial and monetary issues with Korean officials in banking and economic sectors.

Foreign currencies lose more value against Iranain rail

TEHRAN, May 20 (MNA) – The Iranian local currency the rial has regained almost 10% of its value against foreign currencies, especially the US dollar over the past few days.

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 outlines 6 tactics to neutralize US economic pressure

TEHRAN, May 03 (MNA) – Governor of the Central Bank of Iran has outlined six strategies to counter and neutralize the US economic pressures and rein in inflation.

CBI governor:

US' blacklisting of IRGC not to influence Iranian markets

TEHRAN, Apr. 09 (MNA) – The US move to brandish IRGC as a terrorist group will have no impact on stability in Iranian domestic markets, Governor of the Central Bank of Iran (CBI) announced.

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.

Iran central bank chief to visit Iraq in near future

TEHRAN, Apr. 06 (MNA) – The governor of the Central Bank of Iran (CBI) will visit Iraq in the near future to complete and pave the way for the implementation of bilateral financial and banking agreements.

No one can undermine Iran-Iraq ties, Rouhani reaffirms

TEHRAN, Mar. 17 (MNA) – Iranian President Hassan Rouhani said at a Supreme Council of Economic Coordination meeting that no one will be able to undermine the strong and amicable relations between Iran and Iraq.

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.

Central bank chief:

Nothing but ‘psychological atmosphere’ can affect currency market

EHRAN, Feb. 26 (MNA) – Governor of the Central Bank of Iran (CBI) said Tue. that except for a ‘psychological atmosphere’, nothing can negatively affect the country’s foreign currency market.

Iran central bank welcomes FATF’s extended deadline to complete reforms

TEHRAN, Feb. 22 (MNA) – Hours after the anti-money laundering body FATF extended the deadline for Iran until June 2019 to complete reforms, the Central Bank of Iran issued a statement welcoming the move.

Iraq to continue energy imports from Iran despite US sanctions

TEHRAN, Feb. 21 (MNA) – Iraq is close to finalizing a deal that will allow it to import Iranian energy despite American sanctions based on a non-dollar mechanism, an Iraqi official has said.

CBI governor defends joining FATF, warns of consequences otherwise

TEHRAN, Feb. 13 (MNA) – Governor of the Central Bank of Iran, Abdolnaser Hemmati, said Wednesday that joining the Financial Action Task Force (FATF) would be beneficial to Iran.

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.

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.

Iran, Syria sign agreement on banking cooperation

TEHRAN, Jan. 29 (MNA) – The Central Bank of Iran and Syria’s Central Bank signed a banking cooperation agreement on Tuesday with the aim of boosting cooperation and coordination between the two institutes.

By: Haniyeh Sadat Jafariyeh

Getting around sanctions with crypto-rial

TEHRAN, Jan. 19 (MNA) – In April 2018, the Central Bank of Iran banned domestic banks and people from dealing in foreign cryptocurrency because of money laundering and financing risks.

Iran, India prepare mechanism for banking transactions

TEHRAN, Jan. 01 (MNA) – The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati met with the India’s Ambassador to Iran Saurabh Kumar to discuss the latest developments in bilateral banking and trade relations.

CBI reports measures taken for controlling forex market to top authorities

TEHRAN, Dec. 23 (MNA) – The Central Bank of Iran (CBI) reported the measures it has taken so far for controlling foreign exchange market to the Supreme Council of Economic Coordination, chaired by President Rouhani.