EghtesadOnline: The latest data published by the Central Bank of Iran show that Iran’s point-to-point inflation in November reached 39.9%, the highest level in the past five years.
EghtesadOnline: The mechanisms for implementing open market operations, as an effective measure to control and implement monetary and interest rate policies, have been included in next year’s (March 2019-20) budget bill, said the governor of Central Bank of Iran.
EghtesadOnline: The Central Bank of Iran said after the creation of the secondary foreign exchange market – known by its Persian name Nima – in late April, €6.8 billion was sold by it for imports.
EghtesadOnline: A temporary agreement previously reached on the formation of a free trade zone with Iran has been finalized in a summit meeting of Eurasia Economic Union in St. Petersburg, Russia, Russian media report.
EghtesadOnline: The Plan and Budget Organization of Iran submitted the government's budget bill for the next fiscal (March 2019-20) to the parliament in time on Thursday (known as Budget Day).
EghtesadOnline: Oil trade is the cornerstone of Europe’s financial mechanism to maintain business ties with Iran and the system cannot operate without covering the sale of Iranian crude, Foreign Minister Mohammed Javad Zarif said.
EghtesadOnline: The Majlis speaker says reforms to the central bank law proposed by the government to overhaul the dysfunctional banking system has been reviewed in the relevant committees and is awaiting a final vote in the chamber.
EghtesadOnline: An increase of 63.3% was registered in the Producer Price Index in the Iranian calendar month of Aban (Oct. 23-Nov. 21) compared with the similar month of last year, the latest report released by the Central Bank of Iran shows.
EghtesadOnline: Average liquidity growth dropped from 26.7% during 1988 to 2012 to 23.7 % between 2014-2018, said the deputy governor of the Central Bank of Iran.
EghtesadOnline: A court in Germany has ordered Deutsche Telekom, a partly state-owned telecom provider, to reactivate phone and internet services for the Hamburg branch of Bank Melli Iran.