Head of CBI Explained:
Red Lines for Fintech: Money Laundering and Capital Flight / Conditions for Online Gold Platforms
High Supervisory Board Approves Removal of Four Zeros from Currency
The High Supervisory Board of the Expediency Council did not find the removal of four zeros from the national currency to be contrary to the general policies.
CBI Foreign exchange schemes
Farzin plans to mitigate forex risk and shift to local currencies for nearby trade and transactions.
Soon to come;
The first Iranian bank in Syria
The first Iranian bank is set to commence operations in Syria soon, and both sides anticipate extensive bilateral banking collaborations.
Iran-Syria bilateral trade transactions in national currencies
With announcement of two government officials, the development of bilateral trade transactions in national currencies is underway.
Farzin; Interest rate won’t be changed
"We have no intention to change interest rate", referring to deal with offending banks in field of interest rate compliance, Governor of central bank said.