IBENA Reports:

The First Gold-Backed Iranian Token is a Step to Launch

The first Persian Token with gold backing is a step to launch.

The Decline in Currency Fluctuations in 2019

The Managing Director of the Export Development Bank predicted the year 2019 as the year for curbing the volatility and creating the stability of the foreign exchange market.

IFB Brokerage Firms Are among the Best in FEAS Champions League Award

Despite severe sanctions against the country, Iran Fara Bourse brokerage firms held the second, third and fourth places in FEAS Champions League Award which is an international achievement for Iran capital market according to IFB CEO.

In an interview with IBENA, experts said

Ineffective Petrochemical Sanctions on the Foreign Exchange Market

The United States denounced Friday a network of 39 subsidiaries and registered companies outside Iran, but market analysts believe this has no effect on the foreign exchange market.

Declining Growth Rate of Inflation in May 2019

The consumer price index rose 1.5 percent in May this year, the lowest increase in the last seven months.

Create a Currency Account for Each Iranian Citizen

The director of the Central Bank's Foreign Exchange Supervision office announced the creation of a foreign exchange profile for each Iranian citizen.

Explanation of the New Currency Package of CBI

Director of the Central Bank’s Export Division announced the new currency package that is completing the general policies of last year.

Facilitate the Process of Domestic and Foreign Investment

In an order, the president called on executive organs to facilitate the process of domestic and foreign investment.

Proposal for Creation of Monetary Channel between Tehran-Prague

The Vice President of the Tehran Chamber of Commerce proposes the formation of a joint committee to examine the creation of a monetary channel between Iran and Czech Republic.

The latest status of "INSTEX" and "SATMA"

The governor of the Central Bank, arguing that “the ball is in Europe’s court”, describes the latest operational status of the INSTEX and SATMA mechanisms.

The First 25 Origins of Exports to Iran

The largest source of import to Iran in April of 2019 is China with import value of $ 434 million, accounting for about 19% of Iran's imports of goods during this period.

Hemati's advice on currency

The Central Bank's governor, advising the public not to enter the currency market by taking into account the political variables, said the Central Bank made predictions about the foreign exchange market and will have the necessary prevention.

Supplying 2.2 Billion Euros in the Secondary Market

The Central Bank, referring to 2.2 billion euros from the beginning of the year in the secondary market, announced its readiness to provide currency for the real needs of the country.

Visible and Invisible of the Organized Foreign Exchange Market

Increasing transparency and eliminating the benefits of the speculators and currency renders network are the main achievements of the formation of the organized foreign exchange market, which should be welcomed.

What changes the open market operations create in Iran’s Economy

Easier control of inflation, avoiding turmoil in interest rates, and reducing the discount rate of government debt securities are the most important outcomes of open market operations.