EghtesadOnline: Head of the Export Department of the Central Bank of Iran on Monday gave some clarification about the €25 billion in unreturned export earnings.
EghtesadOnline: A package was announced Monday by the CBI outlining procedures for repatriating export earnings in the current fiscal year that ends in March 2021 and also earnings of the past two years.
EghtesadOnline: The sharp increase in currency rates will not change the Central Bank of Iran's approach toward the market, the CBI governor said.
EghtesadOnline: Major currencies soared in Tehran on Tuesday amid new concerns among market participants about a decision by the Financial Action Task Force on Iran by the weekend.
EghtesadOnline: Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.
EghtesadOnline: The Central Bank of Iran is committed to fighting money laundering, speculative activities and unaccountable transactions, the CBI Governor Abdolnasser Hemmati said.
EghtesadOnline: The governor of the Central Bank of Iran said Switzerland's payment mechanism unveiled this week for delivering humanitarian supplies to Iran is not enough, as it does not cover bank transactions.
EghtesadOnline: Central Bank of Iran has allocated up to 700 trillion rials ($5.3 billion) to companies via the CBI’s new funding scheme dubbed the ‘Productive Credit Certificate’, the bank’s governor said.
EghtesadOnline: Having accomplished one goal of bringing a semblance of stability to currency market, the Central Bank of Iran will now concentrate on controlling inflation, the governor said.
EghtesadOnline: With the aim to facilitate trade in the anticipated regulated foreign exchange market, the Central Bank of Iran raised the ceiling of planned daily forex trade fivefold.