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Iran

Sheibani appointed new CBI governor: report

The newspaper Hamshahri reported on Wednesday 30 April that Ebrahim Sheibani has been appointed the new governor of the Central Bank of Iran. A previous leading contender for the post, Massoud Nili, was said to have withdrawn his candidacy to concentrate…

Vahhaji takes over as central bank head in Iran

After the sudden death of the governor of the central bank of Iran, Mohsen Nourbakhsh, at the weekend, it has been announced by the Islamic Republic News Agency that the deputy governor will assume the position of interim governor.

Iranians turn to gold as war casts its shadow

Iran's central bank has introduced measures designed to bring down soaring gold prices, including easing procedures for the importation of gold and silver bullion, a bank official, Jalal Jalilian, was quoted as saying Tuesday.

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 sees large inflow of gold and capital

IRAN - Iran has experienced a net inflow of capital and gold bullion for the first time since the 1979 Islamic revolution. It has been drawn by domestic investment opportunities and driven by financial insecurity outside the country following the…

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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