Moscow and Tehran are no longer using the dollar in mutual trade transactions and have shifted to national currencies thanks to previously signed agreements between the two countries in the financial sector, Governor of the Iranian Central Bank …
Bank cards of the Russian payment system Mir will be accepted in Iran from January 2025, Governor of the Iranian Central Bank Mohammad Reza Farzin said. He …
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 …
Iran launched its digital rial this week. According to the head of the Iranian Central Bank, an offshore rial may also be launched soon. It will be used in transactions with Russia.
A currency agreement between the Russian Federation and the Islamic Republic may be signed soon. The head of the Iranian Central Bank announced the approximate dates.
Iran's Central Bank governor Mohammad-Reza Farzin, has confirmed that the Islamic Republic’s released funds totaling some $6 …
The direct connection has been established between the banks of Iran and Russia, governor of the Iranian Central Bank Mohammadreza Farzin said. Farzin said that within the framework of the joint action plan of banking cooperation …
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 …
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 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 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’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 …
A major part of US economic sanctions against Tehran has been rendered ineffective due to the Iranian Central Bank's efforts and policies, the CBI governor Abdolnaser Hemmati said. "Our efforts …
Iran expects to increase the share of transactions in national currencies in trade with Russia, Iranian Central Bank Governor Abdolnaser Hemmati said following his visit to Russia. According to him, following the …
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 …
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’s central bank chief Valiollah Seif said that the country’s economy would not be affected if US President Donald Trump took the United States out of the nuclear deal agreed with world powers in …
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 …
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 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 …
