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Central Bank of the Islamic Republic of Iran

Iran issues high-value notes, hints at reform

The Central Bank of Iran is swapping high-denomination paper notes for private banks' promissory notes in a bid to exert tighter control over the country's money supply as it plans broader currency reforms.

Iranian news agency closed over governor reports

The Iranian authorities have ordered Fars, one of the country's biggest news agencies, to shut down for three days following the publication of reports over the future of Tahmasb Mazaheri, the governor of the Central Bank of Iran.

Is Iran's Mazaheri to be replaced?

Sections of the Iranian media have reported that Tahmasb Mazaheri, the governor of the country's central bank, is to be replaced less than nine months after taking the top job.

CBI governor emphasises independence of banks

The Central Bank of Iran (CBI) fully supports and respects the authority of banks to implement measures to better perform their functions, said CBI Governor Ebrahim Sheibani, reported by the Iran Daily. Sheibani was also reported to have said that the…

Iran: Single exchange rate policy to continue

The governor of the Central Bank of Iran Mohsen Nurbakhsh has announced that the single exchange rate policy will continue in the next Iranian year which begins on 21 March. In another move it was reported that certain political groups want Nurbakhsh…

Iran's economy minister threatens to resign

IRAN - Iran's Minister of Economy and Financial Affairs Tahmasb Mazaheri has threatened that he would resign if the Governor of the Central Bank of Iran (CBI) Mohsen Nurbakhsh is not removed from office, press reported Wednesday.

Who is the next head of the central bank of Iran?

IRAN - Over the past year and at the outset of the appointment of the new cabinet, private and official talks focused on a change of leadership at the Central Bank of Iran (CBI). Different proposals have been suggested and private speculation has been…

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