Central Bank of Iran

Iran to increase IMF assets, aiming to strengthen influence

The Iranian parliament has allowed the government to increase its Special Drawing Rights (SDRs) in the International Monetary Fund (IMF).

Financial Markets

CBI approves $200 million in funding to support Iran’s stock market

The Central Bank of Iran (CBI) has authorized banks to provide $200 million to support the stock market.

Financial Markets

Another part of Iran’s assets to be unfrozen soon: Chief banker

Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin has said that another part of Iran’s frozen assets will be released and handed over to Iran soon.

Financial Markets

Iran’s assets in other countries to be released soon: Central bank governor

Two days after official reports about unfreezing Iranian assets in South Korea, governor of the Central Bank of Iran (CBI) says Iran’s funds in some other countries will be released soon.

Iran Economy

Iran urges ACU member states to trade in local currencies

Governor of the Central Bank of Iran (CBI) has underlined the need for the member states of the Asian Clearing Union (ACU) to trade in their national currencies and other not commonly used currencies.

Financial Markets

Tehran to host 51st ACU Summit on May 23-25

Asian Clearing Union (ACU) will hold its 51st summit in Tehran on May 23-25, says an official from the Central Bank of Iran (CBI), amid efforts to expedite de-dollarization plans in the continent.

Financial Markets

Iran determined to ditch US dollar in trade: CBI governor

De-dollarization is a strategic policy pursued by the Central Bank of Iran (CBI), says CBI Governor Mohammadreza Farzin.

Financial Markets

Iran seeking to ditch US dollar

The Central Bank of Iran is planning to hold an event in Tehran to discuss international monetary relations and de-dollarization, the CBI deputy for international affairs, Mohsen Karimi, said.

Financial Markets

Interest rates in Iran rise to all time high of 25%

Some state banks have started offering higher interest rates on deposits even though the Central Bank of Iran has not yet approved the increase, media reports in Tehran said Monday.

Financial Markets

Iran limits foreignes’ access to banking services

The Central Bank of Iran (CBI) has confirmed reports it has restricted the access of foreign nationals living in the country to various banking services.

Financial Markets