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The Central Bank of Iran (CBI), also known as Bank Markazi, officially the Central Bank of the Islamic Republic of Iran ( Persian: بانک مرکزی جمهوری اسلامی ايران, romanized : Bank Markazi-ye Jomhuri-ye Eslāmi-ye Irān; SWIFT Code: BMJIIRTH) is the central bank of Iran . Established under the Iranian Banking and ...
In 1960 the Central Bank of Iran (CBI, also known as Bank Markazi) was established as a banker for the government, with responsibility for issuing currency. In 1972 legislation further defined the CBI's functions as a central bank responsible for national monetary policy.
Iranian frozen assets. Iranian frozen assets in international accounts are calculated to be worth between $100 billion [1] [2] and $120 billion. [3] [4] [5] Almost $2 billion of Iran's assets are frozen in the United States. [6] According to the Congressional Research Service, in addition to the money locked up in foreign bank accounts, Iran's ...
“The Central Bank of Iran has played a critical role in providing financial support to" Iran's Islamic Revolutionary Guard and militant group Hezbollah, said Treasury Under Secretary Brian E ...
The website of Iran's Central Bank was briefly taken down on Wednesday as hackers claimed they had targeted the websites of several Iranian state agencies. The apparent cyberattack came amid days ...
Minister of Economic Affairs. Appointer. President of Iran. Term length. No fixed term. Formation. 1960; 64 years ago. ( 1960) Governor of the Central Bank of Iran ( Persian: رئیس کل بانک مرکزی ایران) is the highest administrative authority of the Central Bank of Iran, making decisions concerning all such current affairs of ...
In 2008, an official at the Central Bank of Iran said the bank plans to slash four zeros off the rial and rename it the toman. The bank printed two new traveller's cheques, which function quite similar to a banknote, with values of Rls 500,000 and Rls 1,000,000. However, they have the figures "50" (should read 50 thousand toman) and "100 ...
The central bank's interest rate is 21%, and the inflation rate has climbed to 22% in 2012, 10% higher than in 2011. There is little alignment between fiscal and monetary policy. According to the Central Bank of Iran, the gap between the rich and the poor narrowed because of monthly subsidies but the trend could reverse if high inflation persists.
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