Iran’s external debt increased to $9.3 billion by the end of the ninth Iranian calendar month to Dec. 20, the Central Bank of Iran reported. The debt is 3.5% or $317 million higher compared to the beginning of the current fiscal year last March.
Total CBI assets reached 9,239.9 trillion rials ($37.7b) in the first nine months of current fiscal year, registering 20.2% growth year-on-year and up 15.6% when compared to the end of the previous fiscal in March 2020.
The Central Bank of Iran (CBI) says COVID-19, the disease caused by the coronavirus pandemic, was to blame for a 0.6-percent contraction in the country’s gross domestic product (GDP) without oil in the fiscal year quarter ending June 20.
The Central Bank of Iran (CBI) says domestic bonds issuance that began in early June has earned the government more than $2.1 billion in new resources.
The Central Bank of Iran (CBI) has imposed a cap on withdrawal of cash from banks amid toughening of rules on money laundering and also efforts to contain inflation.
Head of the International Department of the Central Bank of Iran said constructive talks were held with Iraqi officials which could result in unfreezing millions of dollars of Iranian money.
President Hassan Rouhani has urged the Central Bank of Iran (CBI) to continue following up on the release of the country’s frozen assets in foreign banks.
The Central Bank of Iran on Sunday tasked the state-owned Bank Melli Iran to open accounts for foreign investors seeking residence permit.
The CBI vice governor for economic affairs, Peyman Ghorbani, has been appointed first vice chair of International Monetary Fund’s Group of Twenty-Four (G-24).
A top court in Luxembourg has officially blocked a long-running request by the US administration to seize $1.6 billion worth of Iranian cash assets.