Tag Archives: Abdolnaser Hemmati

In a phone conversation with newly-appointed managing director of the International Monetary Fund (IMF). governor of Iran’s central bank called for a fair share in the decision-making process of the body.

The IMF will spare no efforts in helping members. including the Central Bank of Iran.

SCI announced that figures from the last month of the local calendar show that point-to-point inflation rate has decreased by 6.6 percent in comparison with a month earlier. signaling that the country is doing well in the face of the US sanctions.

The National Development Fund of Iran had already been impacted by the US sanctions. and the new round of Washington’s bans against Tehran will have no influence on the activities of the entity.

Iran’s national currency. the rial. has kept its value against other currencies. signaling strength in the face of the new rounds of US sanctions against Tehran which were announced on Friday.

The new sanctions are aimed at blocking Iran’s international transactions and its access to food and medicine.

CBI) said that during the meeting held between Presidents of Iran and Turkey on the same day in Ankara. the two sides focused on expansion of trade and banking ties besides doing monetary transactions via Rial or Lira.

The Supreme Council of Economic Coordination Sat. decided to extend the authorities of the Central Bank of Iran (CBI) for managing the exchange market for the purpose of stability in the market.

The Iranian government has approved to revalue its rial tenfold and revert to the currency’s old name. the toman. the Fars news agency reported.

After China. South Korea. India and Turkey. Japan also started the process of importing Iranian oil.