The Central Bank of Iran (CBI) has approved a series of general rules governing the repurchase and reverse agreements (repo and reverse repo) as it continues enforcing the so-called open market operations (OMO) to control the flow of cash between the banks.
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said the CBI is making all-out efforts to provide funds for the purchase of medicines and medical equipment needed for the battle against the coronavirus outbreak amid the cruel US sanctions.
Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati said on Monday that the US administration appears to have issued directive to exempt parts of Iran’s currency resources and transactions to ease supply and import of basic products and pharmaceutical drugs.
A downward trend in the inflation rate in Iran and the improvement in the country’s non-oil economic growth will continue in the next Iranian year (to start March 20), a deputy governor of the Central Bank of Iran said.
The Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati shrugged off the possible outcome of an ongoing meeting of the Paris-based Financial Action Task Force (FATF), saying that even if it blacklists Iran, the move would have no effect on the country’s foreign exchange market.
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the decision to be taken by the Financial Action Task Force (FATF) on Iran's case in its February assembly meeting will not leave an impact on the country's foreign currency market.
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati highlighted the country’s success in increasing its foreign exchange reserves and said they are at an unprecedented level in the past decade.