posted tages with "Central Bank of Iran"

Euro to replace dollar in trade transactions: CBI governor

Euro to replace dollar in trade transactions: CBI governor

TEHRAN, Apr. 10 (Press Shia Agency) – Central Bank of Iran Governor Valiollah Seif said Tue. that the decision to replace dollar with euro in the country’s foreign trade transactions will be implemented with more determination this year.Governor of the Central Bank of Iran (CBI) attended an open session at the Parliament this morning to discuss the recent foreign exchange fluctuations in the...

Rouhani calls for transparency in banking operations

Rouhani calls for transparency in banking operations

TEHRAN, Mar. 04 (Press Shia) – President Rouhani urged banks and financial institutions to exercise utmost transparency in their dealings in order to improve the global view on Iran’s monetary system.The Iranian president made the remark on Sunday at the 57th annual meeting for the General Assembly of the Central Bank of the Islamic Republic of Iran. “We have presented three bills to the...

Iran, Turkey foiled Israeli plot in N Iraq: Larijani

Iran, Turkey foiled Israeli plot in N Iraq: Larijani

TEHRAN, Nov. 21 (Press Shia Agency) – Iran-Turkey cooperating in preserving Iraqi territorial integrity was very important, says Ali Larijani, the Iranian Parliament Speaker in his meeting with his Turkish counterpart İsmail Kahraman on Tuesday.Iran-Turkey cooperating in preserving Iraqi territorial integrity was very important, says Ali Larijani, the Iranian Parliament Speaker in his meeting...

Pres. Rouhani to visit S Africa: Seif

Pres. Rouhani to visit S Africa: Seif

TEHRAN, Sep. 04 (Press Shia Agency) – Seif, the governor of Iran’s Central Bank told S Africa’s top law maker that he hopes President Rouhani’s visit to S Africa would make up the shortcomings in bilateral Banking relations.“In the past, there were expanded relations between Iran and South Africa but anti-Iran sanction have limited the scope of cooperation,” said Valiollah Seif, the...

Rial redenomination possible only after 2019

Rial redenomination possible only after 2019

TEHRAN, Apr. 02 (Press Shia) – Central Bank Governor Valiollah Seif has said dropping few zeros from banknotes will be possible only after 2 years.Mr. Seif said the current budget had not allocated any sum for zero-dropping scheme which had haunted many in the community of economic analysts as the panacea for economic woes and depreciation; “Central Bank has sent a proposal to the government...

Iran to appeal Luxembourg's ruling on freezing assets

Iran to appeal Luxembourg's ruling on freezing assets

TEHRAN, Mar. 26 (Press Shia) – The Central Bank of Iran (CBI) says the country will appeal Luxembourg's recent decision to freeze $1.6 billion of the Islamic Republic’s assets.“The recent decision of a court in Luxembourg in seizing Iranian assets is not following the verdict of the American court and the Central Bank of Iran uses its full capacity to annul the verdict,” reads the formal...

Swiss economy min. to visit Iran

Swiss economy min. to visit Iran

TEHRAN, Dec. 04 (Press Shia) – Chairman of Iran-Switzerland Chamber of Commerce has announced that Switzerland’s minister of the economy will travel to Tehran in the coming week.Sharif Nezam-Mafi noted that Johann Schneider-Ammann, Head of Federal Department of Economic Affairs (FDEA) as Switzerland's ministry of the economy, will lead a delegation comprising Director of the Swiss State...