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Iran's Foreign Trade, Excluding Oil, Hit $79 Billion in 11 Months
Fresh data on Iran's trade show the country exchanged $79 billion worth of goods during the first 11 months of the current year (started March 21, 2019).
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CBI: Iran’s foreign debt shrinks 3% in nine months
According to the statistics of the Central Bank of Iran (CBI), Iran's foreign debt in nine months of the current year (from March 21 to Dec. 22), amounted to $9.053 billion, down 3 percent from the end of the last year.
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Hemmati: Iran gradually emerging from recession
The Governor of the Central Bank of Iran (CBI) has said that the economy is rising from a recession that began nearly two years ago when the Washington imposed its unilateral sanctions on Tehran.
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Statistical Center of iran: Q3 Non-Oil Growth at 0.9%
The sectors of agriculture, industries and mines, and services registered growth rates of 3.2%, 2%, and -0.2% respectively in Q3.
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Hemmati: volume of trades between Iran and EAEU grown significantly
Governor of the Iran's Central Bank positive after meeting with Iran's Chamber of Commerce and the Heads of the Joint Chambers of Iran and Eurasian Economic Union and, noting the volume of trade between the sides grown significantly.
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Hemmati: Curbing Inflation Is The Goal Of Central Bank
Abdol Nasser Hemmati The Governor of Iran’s Central Bank at the opening ceremony of the implementation operations of Productive Line of Credit (Known by its Persian acronym; GAM) said: "The Central Bank, along with .inflation control, is sternly pursuing production boom and supporting the non-oil sector
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Hemmati: Iran not reliant on others for providing medicines
Governor of Central Bank of Iran Abdol Naser Hemmati in response to statements by the Swiss ambassador in Tehran said on Tuseday that "The import of medicine and our medical supplies over the past 10 months is 2,000 times more than the volume of imports from the Swiss financial channel."
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Komeijani appointed Head of MBRI
Dr. Abdul-Nasser Hemmati Governor of the Central Bank of Iran in a decree appointed Dr. Akbar Komeijani as Head of the Monetary and Banking Research Institute of the Central Bank (MBRI).
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Number of Iran’s POS terminal reached up to 8 million
According to a report released by Shaprak, the number of active POS (Payment terminal) in Iran by the end of January reached more than 8.16 million.
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IBENA reports:
Banks Are Digitalizing / Offering New Banking Services
"Banks are taking steps to move from e-banking to digital banking and offering new services," said the Deputy Director of Stock Exchange, Bank, and Insurance of Ministry of Economy.
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Central Bank is committed to maintaining the currency market
The Governor of the Central Bank of Iran emphasized that this Bank is committed to maintaining the relative stability of the currency market.
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The Central Bank is trying to boost non-oil exports
The Central Bank's effort is to boost non-oil exports, bring its currency into the economy, help facilitate the import of essential and capital goods, and stabilize the economy, said the Governor of the Central Bank of Iran.
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Iran asks for IMF support in decision-making
Governor of Iran’s central bank reiterated on the necessity of IMF support for developing countries to have a fair share in the decision-making process of the fund.
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CBI governor:
Foreign countries keen to have ties with Iran
“Foreign countries are keen on establishing banking ties with Iran despite US sanctions.” said Governor of Central Bank of Iran, (CBI) Abdolnaser Hemmati.
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CBI governor:
Repetitive sanctions on CBI shows US empty hands
“re-imposing sanctions on Central Bank of Iran indicates how empty are the US hands and that they have no more leverage left.” Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said on Saturday .
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Iran’s foreign trade hits $35.5 Billion
The statistics of the Islamic Republic of Iran Customs Administration (IRICA) shows that Iran’s foreign trade volume in the first five months of the current Iranian year has reached $35.539 billion.
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CBI sees stable market after hard months
Governor of Central Bank of Iran (CBI) reiterated on the stability of the currency market that affects other markets, leading to lower inflation.
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CBI governor:
Currency market is moving toward stability and predictability
Iran’s currency market is moving toward stability and predictability.
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Iran to cut zeros and rename its currency
The government of Iran approved a plan to review the plan to remove zeros from the Iranian currency” Rial” and rename the currency.
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Iran, Australia to develop banking cooperation
Deputy Governor of the Central Bank of Iran (CBI), Akbar Komijani stressed for development of banking and trade cooperation with Australia during talks with Australian ambassador.
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CBI governor:
Crypto currency mining approved by Iran’s economic commission
The Governor of the Central Bank of Iran Abdolnaser Hemmati said that the government’s Economic Commission has approved the mechanism of crypto currencies mining in Iran.
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Iran assigns tariff code to crypto mining machines
Islamic Republic of Iran Customs Administration (IRICA) issued an instruction regarding crypto currencies mining machines.
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Iran's external debt decreases 17% to $9.33 billion
Iran's external debt decreased 17 percent to $9.33 billion at the end of Iranian fiscal year.
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The Exchange Rate is Not Real
Economic Deputy of Minister of Economic Affairs and Finance said the exchange rate is not real.
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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.
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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.
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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.
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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.
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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.
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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.