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Banking System News

(Saturday 10 10 20)
Governor of the Central Bank of Iran Abdolnasser Hemmati blasted imposing sanctions on the Iranian banks, and said that some of the sanctioned banks were handling imports of food and medicine and worked with foreign banks which still hold all the necessary waivers from the US government.
(Sunday 27 09 20)
The central bank will resist attempts to pay the rial equivalent of loans taken from the National Development Fund of Iran in bid to avoid overburdening the bank’s balance sheet by printing money.
(Monday 21 09 20)
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said despite the US maximum pressures, the country expects improving conditions for its foreign currency market due to growing crude exports and return of exporters’ foreign currency.
(Saturday 15 08 20)
The Central Bank of Iran again raised the lower bound of interest rate corridor (IRC) in the interbank market to further narrow the interbank interest rate spread.
(Tuesday 30 06 20)
The Central Bank of Iran has finalized the draft of a regulatory framework for e-wallets that is expected to be unveiled soon, said Ayandeh Bank's deputy for electronic banking affairs.
(Wednesday 27 05 20)
Central Bank of Iran (CBI) in a statement on Tuesday announced that the annual inflation rate for the current Iranian calendar year (ends on March 20, 2021) is set to be 22 percent.