Tag Archives: Central Bank of the Islamic Republic of Iran

Central Bank of Iran’s forex market will be inaugurated later than the predetermined date i.e. August 12. 2019. an official from the central bank (CBI) said.

Iran will undertake a new measure to contain foreign-backed shocks against its economy with operationalizing the long-anticipated initiative of Integrated Currency Market by mid-August.

Iranian Foreign Minister Mohammad Javad Zarif said that Tehran is in talks with a number of other states. including China. India and Russia. to establish bilateral monetary channels in a bid to bypass Washington’s unilateral sanctions.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati stressed his country'.s interest in expanding mutual trade cooperation with Russia and selling its oil with the help of the Northern neighbor.

Iran will back Turkey’s participation and investments in various Iranian economic sectors.

The central banks of Iran and Iraq are finalizing negotiations to begin trade in their own currencies.

Banking transactions between Tehran and Beijing have not been still restarted

Hemmati announced on Tuesday that the country has launched mutual financial channels with a number of world states for money transactions to confront the US sanctions.

Connecting Jask island to Sowigh led to shipment of the first no-oil consignment to Oman.

Iran has the capacity to export between nine million tons to 10 million tons of steel by March 2019 .