Central Bank of the Islamic Republic of Iran
Banknotes: January to March 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Iran appoints new governor amid protests and plummeting rial
Farzin becomes fourth head of central bank in less than two years
Hackers target Iran’s central bank website amid protests
Internet blackout reported on September 21
Outsider arts: how Russia might adapt to sanctions
The history of the USSR and actions by other sanctioned countries may give clues to Russia’s next moves
Iran appoints third governor this year
Ali Salehabadi joins central bank three months after predecessor took office
Iran’s Hemmati warns against monetary financing
Former governor mounts criticism of departing President Rouhani
Iranian president appoints new central bank governor
Economics professor has served as central bank’s deputy governor since 2014
Iranian prosecutors indict former governor
Seif charged with “wasting” reserves in case that some argue is politically motivated
Iran’s central bank tries to unfreeze foreign assets
Governor seeks to reduce effects of US sanctions, but expert says nuclear talks will be key
US Treasury imposes sanctions on Syrian central bank chief
Governor Karfoul used extortion tactics to help Assad regime, alleges US Treasury
Iranian central bank pledges oil-based bond issue
Central bank makes large foreign exchange intervention as currency comes under pressure
Iran’s race towards monetary policy reform faces high hurdle reality
The Majlis Research Center’s Tohid Atashbar says positive outcomes from the Iranian central bank’s fast-tracking of monetary policy reform – made in response to Covid-19 and US sanctions – may prove difficult to deliver
Iran’s Seif details banking sector clean-up operation
Iranian central bank is working to improve the transmission of its monetary policy, stabilise the banking system and bring itself in line with international standards, governor says
Iran must contain liquidity growth to safeguard inflation success, IMF’s Lipton says
Speaking at the Iranian central bank, David Lipton discusses how inflation can be anchored in single digits, after steadily declining in past year
End of sanctions offers chance to fix Iran’s banking sector
Iranian banks struggling with high levels of non-performing loans may see their situation improve, but deep reforms are needed and the political situation remains complex
Iranian banks may reconnect to Swift as sanctions lift
Reconnection ends four-year exclusion from the global payments messaging service and should make sending international payments considerably less costly
Iranian deputy points to economic turnaround since Rouhani took office
Deputy governor says central bank has managed to impose new discipline on the economy, but sees room for improvement in the broader Islamic world
Iran central bank appoints new governor
New Iranian president names commercial bank veteran to take over at the top of the central bank; priority will be taming inflation now running at around 40% a year
Iranian central bank escapes Swiss sanctions
Swiss authorities stop short of freezing assets of Central Bank of the Islamic Republic of Iran; note the institution's importance to the country's economy in reaching the decision
Central Bank of Iran reacts to major debit card security breach
Central Bank of Iran urges debit card users to change personal identification codes after hacker publishes security details of millions of accounts on internet
EU freezes assets of Iranian central bank
EU follows US lead by announcing strict new sanctions on Iranian central bank; heart of action is to limit the country’s nuclear programme