Central Bank of Iran

Report says Iran’s GDP rose by 43.7% last year

Figures by the Central Bank of Iran (CBI) show that the country’s gross domestic product (GDP) increased by nearly a half in the calendar year to March this year.

Macro Economy

Central Bank of Iran allocates $15bn to imports of essential goods

The Central Bank of Iran has provided $15 billion for the import of essential goods in the first four months of the current Iranian year (March 21-July 22), 27% more than the corresponding period of last year.

Macro Economy

Iran’s external debt at $9.3 billion

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.

Macro Economy

Central Bank of Iran foreign assets rise about 18% yoy

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.

Macro Economy

Coronavirus caused Iran’s quarter GDP to shrink by 0.6%: CBI

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.

Macro Economy

Iran gains over $2 billion from domestic bonds: CBI

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.

Macro Economy

Iran limits cash withdrawals from banks to prevent money laundering, inflation

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.

Macro Economy

Payment deal with Iraq in final phase

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.

Trade

Rouhani urges push to release Iran assets in foreign banks

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.

Trade

Bank Melli Iran to open accounts for foreign investors

The Central Bank of Iran on Sunday tasked the state-owned Bank Melli Iran to open accounts for foreign investors seeking residence permit.

Macro Economy