currency
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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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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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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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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.
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Dedollarization to Embark on in Regional Exchanges: CBI
Central Bank of Iran's Governor reports the formation of evolution in the mix of goods, export services and Iran's trade destinations.
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Iran,Russia Eliminating Dollar in Bilateral Trade
Moscow and Tehran have “essentially” turned away from the greenback in bilateral trade, and are using the ruble and rial for payments, the Russian ambassador to the Islamic Republic has revealed.
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Iran, Iraq Ink Payment Mechanism Agreement
Governors of central banks of Iran and Iraq signed a payment mechanism agreement in Baghdad last night.
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Iran to Eliminate Four Zeros from its Currency
Abdolnaser Hemmati, Central Bank of Iran's Governor, reported that 4 zeros will be removed from the national currency.
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National Development Fund of Iran Grants $8.550 bn Currency Facilities
National Development Fund of Iran gave 8.550 billion dollars currency facilities through 12 operating banks in the first three months of the current year(based on Persian calendar).
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NIMA System Provides 6.8 bn Euros Foreign Currency for Imports
Central Bank of Iran reported that since starting NIMA system activity, 6.8 bn euros foreign currency has been provided for importing required commodities and services to Iran.
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Free Fall of Dollar Value in Iran Currency Market
Dollar price has decreased sharply despite high fluctuation in the currency market and also banks have entered the market to buy foreign exchange.
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CBI to Interfere in Currency Market to Stabilize it
Central Bank of Iran has been authorized by High Council of Three Powers Coordination to interfere in the currency market to stabilize it.
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New Euro Banknotes Unveiled
The European Central Bank has revealed a new series of 100 and 200 euro bills that are set to enter into general circulation from May 28, 2019.
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Government's New Foreign Exchange Package Comes into Effect
As the new foreign exchange package came into force on Tuesday, 23 cases of foreign exchange supply were registered and 8 trades were finalized in NIMA system until 4 pm.
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Iran's Rial Boosts up Against Dollar
Trump's comment regarding his willingness for Talking to Iranian authorities without any preconditions, increased rial value by 13000.
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Iran-Turkey's National Currency Swap Implemented
The first LC has been opened for providing trade finance by using Iran and Turkey's national currencies swap agreement in Turkey.
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Iran,Turkey Prepared to Use Local Currencies in Reciprocal Trade
Iranian and Turkish Presidents talked on the phone, underlining the details of using two countries' local currencies in common deals have been finalized, waiting for its implementation.
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First Iranian Digital Currency to be Launched
Minister of Communications and Information Technology reported the the first Iranian digital currency will be issued in lab scale .
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Iran, Azerbaijan to Use National Currency in Bilateral Trade
Iran's Minister of Economy in an interview said, Iran and Azerbaijan can use their national currencies in bilateral commercial and economic activities and also expand banking cooperation.
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Iran,Turkey to Trade with Lire and Riyal
Rouhani says "Iran-Turkey's tarde volume has been targeted at $30 bn annually and two countries' currency will be used in business transactions."
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CBI Governor:
"There Is No Bubble in Currency Market"
Governor of Iran’s Central Bank says there is no bubble in the currency market and both dollar and euro rate have balanced price.