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ACU calls for new members

The Asian Clearing Union (ACU) concluded its two-day technical committee meeting Wednesday 19 July calling for the admission of countries beyond the ESCAP Asia/Pacific region.

ACU to discuss payment systems efficiency

Members of the Asian Clearing Union (ACU) will meet in Dhaka this week to discuss ways to make their payment systems easier to use to boost trade, a Bangladesh central bank official told Reuters.

Iran confirms reserves transfer

The head of the Central Bank of Iran has indicated that Tehran has already started shifting its foreign hard currency reserves amid the threat of sanctions, Iranian media reported on Friday 20 January .

Iran's central bank governor pledges reforms

The inflation rate in Iran will drop to a one digit figure by end of the fourth five-year economic development plan (2005-10), said governor of the Central Bank of Iran Ebrahim Sheibani here on Tuesday 30 August.

Iran and Bahrain link ATM systems

The Iranian ATM system has been connected to that of Bahrain, allowing the customers of Bahraini banks to use the ATM machines in Iran and vice versa.

Iran: New call for central bank independence

Iran's deputy minister of economic affairs and finance said the proposed scheme to transform the Central Bank of Iran (CBI) into an independent entity would help improve the management system of the key Foreign Exchange Reserve Fund.

Central Bank of Iran - Annual Report 2003-2004

The Central Bank of Iran has published its Annual Report for the year ended 1382 (2003/2004). Investment and employment exceeded projections during the year, according to the annual report. Structural reforms appear to have been the main driving force…

Interview with vice governor, Central Bank of Iran

In a recent interview Mohammed Jafar Mojarrad, vice-governor of Bank Markazi, Iran's central bank, spoke about the latest developments in the economy and the financial sector. He said there are two main challenges currently facing Iran: unemployment and…

Iran to discuss central bank independence

"Iranian MPs are to discuss with bank experts the independence of Iran's Central Bank from the government and the Iranian government will comment on the plan in due time," said Heydar Mostakhdemin Husseini, Iran's Deputy Minister of Economics in legal…

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