As part of its continued pressure campaign on Iran, the US government has issued an advisory to help US financial institutions (particularly banks; money services businesses (MSBs), such as virtual currency administrators and exchangers; and dealers in precious metals, stones, and jewels) better detect "potentially illicit transactions" related to the Islamic Republic.
News ID: 2429 Publish Date : 2018/10/13
The International Monetary Fund, in its latest World Economic Outlook, predicts Iran's economy will contract this year and in the following year as a result of the reimposition of US sanctions against the Islamic Republic.
News ID: 2404 Publish Date : 2018/10/10
The Iranian currency, rial, is bouncing back against US dollar which has started to nosedive since Monday evening as people have flocked to money exchange markets to exchange their dollars for rial.
News ID: 2338 Publish Date : 2018/10/02
Central Bank of Iran new set of policies for managing the currency market was approved on Saturday by the Supreme Council of Economic Coordination.
News ID: 2298 Publish Date : 2018/09/29
Governor of the Central Bank of Iran Valiollah Seif said the drastic decision by the government to unify the US dollar’s rate does not mean that a fixed exchange rate system would be at work, as the rate would “fluctuate with market mechanisms”.
News ID: 2070 Publish Date : 2018/04/14
Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif are set to appear before lawmakers to explain the situation.
News ID: 2049 Publish Date : 2018/04/09
President Hassan Rouhani on Sunday outlined his administration’s vision of promoting economic prosperity in the next Iranian year (starting March 21), as well as goals set for the country in the face of economic and social challenges.
News ID: 2029 Publish Date : 2018/03/22
At the behest of private producers and downstream users, the Ministry of Industries, Mining and Trade has banned price increases for all steel products at Iran Mercantile Exchange up until June 21.
News ID: 2009 Publish Date : 2018/03/14
The governor of the Central Bank of Iran said on Monday Iran’s banking relationship with the outside world is incomparable with what it was before the nuclear deal was reached between Iran and world powers, which is formally known as the Joint Comprehensive Plan of Action.
News ID: 1999 Publish Date : 2018/03/10
Ayandeh Bank, Iran’s private lender that has been hailed both locally and internationally, is currently financing the construction of Iran Mall, an ambitious project based in Tehran.
News ID: 1993 Publish Date : 2018/03/10
The Central Bank of Iran has prepared a set of policies for the monetary and foreign exchange markets, which will act as a blueprint for regulating these markets, the bank's deputy governor announced on Sunday.
News ID: 1988 Publish Date : 2018/03/05
The controversial and pending case of illegal credit institutions in Iran has seemingly prompted the administration to make a U-turn regarding its previous scheme to rate certified financial institutions.
News ID: 1983 Publish Date : 2018/03/04
The new directive, which bans the use of the US dollar in import order registrations by Iranian traders, serves the double purpose of sidelining the US dollar and curbing the volatility that gripped the foreign exchange market in recent weeks.
News ID: 1969 Publish Date : 2018/03/03
Iranian banks have started buying Qatar’s riyal from exporters of goods and services to the Persian Gulf emirate, director general of Trade Promotion Organization for Iran’s Arab-African affairs said.
News ID: 1926 Publish Date : 2018/02/13
The governor of the Central Bank of Iran on Monday met with the ambassador of Switzerland in Tehran to discuss improvements in the banking system and the possibility of Iranian lenders opening branches in the Alpine country.
News ID: 1876 Publish Date : 2018/01/30
The Central Bank of Iran has welcomed the country’s risk rating improvement from 6 to 5 by the Organization for Economic Cooperation and Development, regarding it as another promising signal of the country’s enhancing financial and credit status in international markets.
News ID: 1865 Publish Date : 2018/01/28
The average goods and services Consumer Price Index for urban areas in the 12 months ending Jan. 20, which marks the end of the Iranian month of Dey, increased by 10% compared with last year’s corresponding period, the latest report released by the Central Bank of Iran announced.
News ID: 1847 Publish Date : 2018/01/27
The Iranian housing sector is witnessing a notable increase in residential deals in a sign of imminent recovery, but a deputy roads and urban development minister said this will not translate into higher prices.
News ID: 1816 Publish Date : 2018/01/20
With the shadow of political risks receding, investors went back to cashing in on rising global commodity prices and stocks kept growing after weeks of lackluster trade.
News ID: 1815 Publish Date : 2018/01/20
In its latest directive to the banking system, the Central Bank of Iran has obliged all banks and credit institutions to refrain from accepting any kind of guarantees from financial entities active in the capital market and under the supervision of the Securities and Exchange Organization, including brokerage firms.
News ID: 1789 Publish Date : 2018/01/15