Financial Tribune- The Central Bank of Iran has managed to control foreign exchange rates and promote a relative stability in the forex market despite a turbulent season that saw the rial drop to historic lows against the dollar, the bank's deputy for economic affairs said. "In [the Iranian months of] Azar (November 21-December 20) and Dey (December ...

The twofold surge in commercial banks debt to the Central Bank of Iran within the last two months prompted the vice governor for economic affairs at the Central Bank of Iran to comment on the issue. Peyman Qorbani told the press on Tuesday that the upsurge in banks withdrawals from the CBI had to do with semi-budgetary spending like governments ...

The Central Bank of Iran has been authorized to issue $3.75 billion in bonds this year, the deputy governor of the bank said on Saturday. The Monetary and Credit Council approved allowing the Central Bank to issue 100,000 billion rials of bonds in the current year and the bank will publish papers whenever it feels a need for them, Peyman Qorbani ...