EghtesadOnline: The Central Bank of Iran says inability of meeting the inflation target it announced earlier is likely but the CBI is doing all it can to achieve the goal, the vice governor for economic affairs said.
EghtesadOnline: The United States’ policy of imposing pressure on Iran to win concessions out of it was a miscalculation and will never be successful, President Hassan Rouhani said on Wednesday.
EghtesadOnline: Tehran Municipality takes out 180 million cubic meters of water from depleting underground resources in the sprawling capital per year, director of the National Water and Wastewater Engineering Company of Iran (Abfa).
EghtesadOnline: Export companies have refused to return $27 billion in overseas earnings in the past two years and the government is struggling to bring the money back by resorting to a mix of pliability and penalty.
EghtesadOnline: President Hassan Rouhani said government offices and the public transport system are to reject customers and passengers not wearing face coverings starting Sunday, when a nationwide mandatory facemask policy comes into force to slow the spread of the Covid-19 pandemic.
EghtesadOnline: Governor of the Central Bank of Iran says the bank has put an end to the unreasonable practice of injecting foreign currency into the market to control forex rates.
EghtesadOnline: The Central Bank of Iran said it will implement more aspects of open market operation that involves regulating the borrowing of lenders from the CBI by obliging them to put up enough collateral when seeking funds.
EghtesadOnline: The Plan and Budget Organization says role of the stock market and the Central Bank of Iran monetary policy is pivotal to curbing inflation.
EghtesadOnline: Following reports that the Central Bank of Iran has allowed companies to import goods “without transferring foreign currency”, the CBI outlined conditions for doing so.
EghtesadOnline: The government’s plan to divest its shares in state-run companies via exchange-traded funds can neither be called privatization nor a realistic move toward a market economy, says Davoud Soori, an economist.