Central Bank of the Islamic Republic of Iran

The Central Bank of Iran
Ensie & Matthias/Flickr
Brief History

Established in May 1960 to take over central banking activities performed by Bank Melli Iran. In 1983 the Bank changed its name from Bank Markazi Iran to Bank Markazi Jomhouri Islami Iran. The Bank has the authority to issue notes and is responsible for the control of inflation and for maintaining the value of the domestic currency.


Mohammad Reza Farzin
E: governor@cbi.ir
Terms of appointment: term began in December 2022; nominated by the President, confirmed by the General

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