EghtesadOnline: The government on Wednesday approved a central bank proposal based on which four zeros will be shaved off and the national currency rial and the change from official rial to the popularly used toman.
EghtesadOnline: Approximately $27.5 billion was repatriated by non-oil exporters to the secondary currency market known locally as Nima (Integrated Forex Deals System) since the fifth month of last calendar year (July 23-August 22, 2018) up until now, the central bank governor said Tuesday.
EghtesadOnline: Governor of the Central Bank of Iran says Iraq has paid a large part of its debt to Iran. The debts are mainly related to Iranian gas and electricity export to the neighboring country.
EghtesadOnline: The governor of the Central Bank of Iran said Sunday that the long-awaited Regulated Foreign Exchange Market will be launched by mid-April.
EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati says by implementing the tenets of the Resistance Economy in the new fiscal year (started March 21), the country can reduce the negative impact of unilateral US sanctions on the economy.
EghtesadOnline: To help again rescue the dysfunctional local auto industry, the Central Bank of Iran agreed last month to lend €844 million to the two main companies, Iran Khodro and SAIPA.
EghtesadOnline: According to central bank data, Iran’s foreign debt was $10.03 billion by the end of first nine months of the current fiscal on December 21.
EghtesadOnline: The Central Bank of Iran unveiled its draft policy on cryptocurrencies and invited experts and industry players to send their suggestions.
EghtesadOnline: In only 3% of all countries, the central banks are responsible for collecting and publishing statistical information, the deputy head of the Statistical Center of Iran said.
EghtesadOnline: In its latest directive, the Central Bank of Iran, on Tuesday urged exporters to return their export earnings to "the country's economic cycle'' as their three-month deadline comes to an end.