Bourse and Bazaar | Navid Kalhor; The COVID-19 crisis has forced Irans government to turn to little-used financial tools to help stabilize the economy and address a widening fiscal deficit. In the arena of monetary policy, the crisis is the first test of the new Open Market Operation (OMO) powers announced by the Central Bank of Iran (CBI) on January ...

Press TV - The Central Bank of Iran (CBI) says it is ready for massive liquidity injections into the banking system as part of efforts to help government shore up the economy. CBI governor Abdolnasser Hemmati said on Friday that the lender would ramp up its efforts for implementation of the newly-launched open market operations (OMO) to ...

Al-Monitor | Maziar Motamedi: Under the leadership of Abdolnaser Hemmati, the Central Bank of Iran has recently secured a fresh financial tool to better steer Iran's highly troubled economy, which faces stagflation for another year on the back of local mismanagement and unilateral US sanctions. But how successful will the central bank be, and how big ...