EghtesadOnline: The Central Bank of Iran says it is restraining surplus liquidity of banks in the interbank market. In a press release posted on its website, the CBI said it implemented the reverse repurchase agreement (reverse repo) in which banks give money to the CBI in lieu of bonds.
EghtesadOnline: The Central Bank of Iran is willing to reconsider official foreign exchange rates to market rates if the government offers tax exemptions to banks, the CBI governor said.
EghtesadOnline: The Central Bank of Iran's department for innovative technologies is working on projects aimed at improving transparency of the banking industry.
EghtesadOnline: The new monetary policy of the Central Bank of Iran was timely and appropriate during the difficult economic conditions, head of the CBI's department for open market operation said.
EghtesadOnline: Iran’s economy has come out of recession following two consecutive quarters of growth, says the Central Bank of Iran’s governor.
EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati says the bank’s foreign exchange policy has been crafted without taking into account billions of assets blocked overseas.
EghtesadOnline: With the new fiscal year fast approaching, senior managers of Central Bank of Iran met on Tuesday where the governor defended the bank's performance during the course of the past 12 months.
EghtesadOnline: The Central Bank of Iran Sunday unveiled a new 50,000-rial banknote with higher security features and four zeroes having a light hue.
EghtesadOnline: The Central Bank of Iran says decline in inflation expectation and relative stability in financial markets obviates the need for higher interest rates.
EghtesadOnline: During the latest round of bond auctions held by the Central Bank of Iran this week, the government sold bonds worth 30.3 trillion ($121 million).