Iranian Central Bank

Iran plans to join BRICS New Development Bank

Iran plans to join BRICS New Development Bank

Iran thinks high of the role of the BRICS New Development Bank (NDB) in the association and is going to become its member, Governor of the Central Bank of Iran Mohammad Reza Farzin said after the BRICS Finance Ministers and Central Bank Governors …

Cyber attack against Iran’s Central Bank repelled

Cyber attack against Iran’s Central Bank repelled

A major cyberattack against the Central Bank of Iran (CBI) was neutralized, according to an Iranian cyber security official. The general director of the Infrastructure Communication Company notified that a significant DDoS attack …

Iran and Russia merge banking systems

Iran and Russia merge banking systems

The memorandums of interbank cooperation signed with Russia will soon be put into practice, the Iranian Central Bank's Governor, Ali Salekhabadi, said after talks in Moscow on July 7-8. "We will implement the memorandums of …

Iran appoints new central bank chief - state media

Iran appoints new central bank chief - state media

Iran has appointed Ali Salehabadi as head of the central bank, Iranian state TV reported on Wednesday, as the Islamic Republic's economy reels under U.S. sanctions. "The role of the central bank in preserving the value of the …

Japanese resumes Iranian oil imports

Japanese resumes Iranian oil imports

Japanese refiners have loaded Iranian oil onto a tanker, resuming imports after halting purchases because of sanctions by the United States, governor of the Central Bank of Iran Abdolnaser Hemmati said. "After …

Iran to slash four zeros from rial - media

Iran to slash four zeros from rial - media

Iran’s Central Bank has proposed slashing four zeros from its battered currency. “A bill to remove four zeros from the national currency was presented to the government by the central bank yesterday and I hope this matter …

Iran eases currency rules

Iran eases currency rules

Iran's Central Bank lifted a ban on exchange offices, allowing them to resume work in a move aimed at bringing in badly needed hard currencies. The bank also gave the green light for Iranian "legal institutions and …

Iran's central bank governor replaced

Iran's central bank governor replaced

Iranian President Hassan Rouhani has dismissed Iran’s central bank governor Valiollah Seif. Valiollah Seif was replaced with Abdolnaser Hemmati, who headed the state insurance …

Iran bans Bitcoin dealings

Iran bans Bitcoin dealings

Iran has banned the country’s banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, Iran's central bank said. "Banks and credit institutions and currency exchanges should avoid any …

Iran to replace dollar with euro in financial reports

Iran to replace dollar with euro in financial reports

Tehran will start reporting foreign currency amounts in euros rather than US dollars, state media said as part of the country's effort to reduce its reliance on the US currency due to political tension with Washington. The new …

Tehran arrests currency traders as rial plunges

Tehran arrests currency traders as rial plunges

Tehran authorities have detained almost 100 currency traders and frozen bank accounts reportedly worth 200tn rials ($5.3bn) in the biggest crackdown on foreign exchanges in six years. The operation is aimed at tackling a slide in the …