When the Central Bank of Iran abruptly announced the unification of the US dollar's exchange rate from Tuesday, the gold market reacted swiftly and prices declined.
News ID: 2072 Publish Date : 2018/04/14
Governor of the Central Bank of Iran Valiollah Seif said the drastic decision by the government to unify the US dollar’s rate does not mean that a fixed exchange rate system would be at work, as the rate would “fluctuate with market mechanisms”.
News ID: 2070 Publish Date : 2018/04/14
Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif are set to appear before lawmakers to explain the situation.
News ID: 2049 Publish Date : 2018/04/09
The average Producer Price Index in the 12 months ending March 20, which marks the end of the Iranian month of Bahman and the last Iranian year, increased by 10.5% compared with last year’s corresponding period, the latest report of the Central Bank of Iran showed.
News ID: 2039 Publish Date : 2018/04/05
Strengthening the private sector role in bolstering the economy and implementing divestiture laws has been a major focus of President Hassan Rouhani’s administration, but the privatization initiative does not appear to be closing in on Iran’s payment entities.
News ID: 2037 Publish Date : 2018/04/05
Iran's gross domestic product grew 3.4% during the first three quarters of the current fiscal year (March 21-Dec. 21, 2017) compared with last year's corresponding period, according to the Central Bank of Iran's report released on Sunday.
News ID: 2022 Publish Date : 2018/03/20
The governor of the Central Bank of Iran said on Monday Iran’s banking relationship with the outside world is incomparable with what it was before the nuclear deal was reached between Iran and world powers, which is formally known as the Joint Comprehensive Plan of Action.
News ID: 1999 Publish Date : 2018/03/10
Ayandeh Bank, Iran’s private lender that has been hailed both locally and internationally, is currently financing the construction of Iran Mall, an ambitious project based in Tehran.
News ID: 1993 Publish Date : 2018/03/10
The Central Bank of Iran has prepared a set of policies for the monetary and foreign exchange markets, which will act as a blueprint for regulating these markets, the bank's deputy governor announced on Sunday.
News ID: 1988 Publish Date : 2018/03/05
The controversial and pending case of illegal credit institutions in Iran has seemingly prompted the administration to make a U-turn regarding its previous scheme to rate certified financial institutions.
News ID: 1983 Publish Date : 2018/03/04
The new directive, which bans the use of the US dollar in import order registrations by Iranian traders, serves the double purpose of sidelining the US dollar and curbing the volatility that gripped the foreign exchange market in recent weeks.
News ID: 1969 Publish Date : 2018/03/03
Iranian banks have started buying Qatar’s riyal from exporters of goods and services to the Persian Gulf emirate, director general of Trade Promotion Organization for Iran’s Arab-African affairs said.
News ID: 1926 Publish Date : 2018/02/13
Saudi Arabian Oil Company and Malaysia’s state-owned oil firm are close to raising an $8 billion loan to partly finance the construction of a planned refinery and a petrochemical complex in the Southeast Asian nation, people familiar with the matter said.
News ID: 1917 Publish Date : 2018/02/09
Bank Mellat plans to sell 15 trillion rials ($326 million) worth of certificates of deposit during the next five trading days. The sale of CDs is scheduled to begin today and continue till Feb. 12.
News ID: 1893 Publish Date : 2018/02/05
After weeks of speculation about the banking problems of Iranian students and businesses in China, which ranged from difficulties in conducting transactions to the total closure of accounts, a breakthrough has been made to end those concerns.
News ID: 1881 Publish Date : 2018/01/31
The governor of the Central Bank of Iran on Monday met with the ambassador of Switzerland in Tehran to discuss improvements in the banking system and the possibility of Iranian lenders opening branches in the Alpine country.
News ID: 1876 Publish Date : 2018/01/30
The Central Bank of Iran has welcomed the country’s risk rating improvement from 6 to 5 by the Organization for Economic Cooperation and Development, regarding it as another promising signal of the country’s enhancing financial and credit status in international markets.
News ID: 1865 Publish Date : 2018/01/28
Iran Privatization Organization, the state-run entity overseeing the sale of state-owned companies, plans to divest the remaining stake of the government in major privatized lenders and thereby make them "completely private", an official with IPO told Financial Tribune.
News ID: 1804 Publish Date : 2018/01/17
In its latest directive to the banking system, the Central Bank of Iran has obliged all banks and credit institutions to refrain from accepting any kind of guarantees from financial entities active in the capital market and under the supervision of the Securities and Exchange Organization, including brokerage firms.
News ID: 1789 Publish Date : 2018/01/15
A senior member at Iran's biggest bank has come out in favor of cryptocurrencies and called for them to be recognized and widely accepted in the banking system.
News ID: 1760 Publish Date : 2018/01/07
