Iranian economy grows 3.7% in 9 months: CBI

Tehran - The Governor of the Central Bank of Iran (CBI) announced that the country's economy has experienced a 3.7 percent growth in the first nine months of the current Iranian year (March 20 - December, 20 2024), IRNA reported.

Iran to keep current subsidized exchange rate in next year’s budget

TEHRAN - Iran will keep its current subsidized exchange rate for imports of basic goods in the next calendar year’s budget, according to the country’s chief banker and amid efforts to control food and medicine prices.

Iran, Afghanistan central bank chiefs agree to boost monetary, banking ties

TEHRAN – The governors of Iran and Afghanistan’s central banks met on the sidelines of a banking technology summit in Yekaterinburg, Russia, to discuss strengthening monetary and banking cooperation, Iran’s central bank said.

CBI chief visits Russia to boost banking ties

TEHRAN – Central Bank of Iran (CBI) Governor Mohammad Reza Farzin traveled to Yekaterinburg, Russia, to meet with his Russian counterpart and advance monetary and banking cooperation between the two countries, as well as discuss continued collaboration within the BRICS group.

Digital Rial to be launched soon: CBI

TEHRAN - The Central Bank of Iran (CBI) intends to launch its digital currency, the Digital Rial, in the near future as part of a larger effort to modernize the country's banking system and improve international financial cooperation.

Iran plans to become a member of BRICS Development Bank

TEHRAN – The governor of the Central Bank of Iran (CBI) has said Iran is going to become a member of the New Development Bank, formerly referred to as the BRICS Development Bank, IRIB reported.

OIC members discussing establishment of joint monetary channel among Islamic nations

TEHRAN – Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin said the negotiations have begun for establishing a joint monetary channel among Islamic countries, Mehr News Agency reported.

CBI takes new measures to support stock market

TEHRAN – The governor of the Central Bank of Iran (CBI) has announced the bank's new measures for supporting the capital market, IRIB reported.

CBI urges using rial in exchanges with Russia

TEHRAN - Governor of Iran Central Bank (CBI) Mohammadreza Farzin has urged the need for prioritizing the use of offshore rial in trade exchanges with Russia as he said the operational measures have been finalized in this regard.

Iran’s chief banker leaves Tehran for Riyadh

TEHRAN – The Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin, has traveled to Saudi Arabia with the aim of developing monetary and banking relations.

CBI plans to curb liquidity growth to 23% by Mar. 2025

TEHRAN - The Central Bank of Iran (CBI)’s planning for the end of the next Iranian year (late March 2025) is to achieve a liquidity growth rate of 23 percent as well as a point-to-point inflation rate of 20 percent, CBI Governor Mohammadreza Farzin said.

Iran's chief banker visits Oman to pursue expansion of banking ties

TEHRAN - The governor of the Central Bank of Iran (CBI) traveled to Oman on Sunday, aiming to develop monetary and banking cooperation between the two countries.

All Iranian frozen assets in S.Korea unblocked: CBI governor

TEHRAN – The governor of the Central Bank of Iran (CBI) has said all the country’s frozen assets in South Korea have been released, Mehr News Agency reported.

CBI holds over $100b of foreign currency reserves: governor

TEHRAN – Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin has said the bank is currently holding more than $100 billion of foreign currency reserves, Mehr News Agency reported.

CBI governor leaves Tehran for Washington to meet IMF officials

TEHRAN- Central Bank of Iran (CB) Governor Mohammad-Reza Farzin left Tehran for Washington to meet the officials of the International Monetary Fund (IMF), the CBI portal reported on Tuesday.

CBI launches currency, gold exchange center

TEHRAN - The Central Bank of Iran (CBI)’s center for the exchange of currency and gold was officially launched on Tuesday in a ceremony attended by the bank's officials, the CBI portal reported.

‘Currency, gold exchange center to control market fluctuations’

TEHRAN- The Central Bank of Iran (CBI) will open a new center for the exchange of currency and gold on Tuesday in order to control the market fluctuations and determine the rates based on the economic realities of the country, the CBI Governor Mohammad-Reza Farzin announced in a live TV program on Monday.

CBI steps in to stabilize forex market

TEHRAN – The governor of the Central Bank of Iran (CBI) said the bank has started taking the necessary measures to stabilize the foreign currency exchange market in collaboration with exchange shops, IRIB reported.

CBI governor meets Russian delegates to follow up on joint action document

TEHRAN - Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin has stressed following up on the implementation of a joint action document between CBI and the Central Bank of the Russian Federation, CBI portal reported.

CBI negotiations with Qatar, UAE expected to bear positive results: expert

TEHRAN – Economic Expert and University Professor Vahid Shaqaqi, who was among the scholars accompanying the governor of the Central Bank of Iran (CBI) in his visits to Doha and Abu Dhabi, says the negotiations with the mentioned countries are expected to result in positive outcomes.

Curbing inflation is CBI’s main strategy: governor

TEHRAN – The new governor of the Central Bank of Iran (CBI) has said curbing inflation would be the main strategy of the bank during his tenure, IRIB reported.

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BMI supports largest renewable energy PV project in country

Bank Melli Iran (BMI) supported the largest renewable energies photovoltaic (PV) project in the country.

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BMI chief emphasizes on using modern tools in offering financial services 

The Chief Executive of Bank Melli Iran (BMI) stressed the need to take advantage of modern tools in line with offering the quality financial services in Kerman province.

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Ground broken for photovoltaic solar park under BMI support

The ground was broken for the construction operation of Iran Renewable Energies’ Photovoltaic Chain Township in the presence of CEO of Bank Melli Iran (BMI) Dr. Mohammad-Reza Farzin, Minister of Economic Affairs and Finance (MEAF) Seyyed Ehsan Khandouzi, Head of Iranian Parliament’s Economic Commission Mohammad-Reza Pour-Ebrahimi, Governor General of Kerman province Mohammad Mehdi Fadakar, Leader’s Representative and Friday prayers leader of Kerman Hojjatoleslam Hassan Alidadi.