Iran

Central Bank of Iran - Annual Report 2006/07

In the 2006/07 financial year, inflation increased above the target set in Iran's five-year development plan in part due to the central bank's lack of independence, it notes in its latest Annual Report.

Oil price plunge prompts Iraqi cut

The Central Bank of Iraq has cut its benchmark rate by a full percentage point to 15% days after the governor warned that the dismal global outlook and the slump in oil prices could drag the country into recession.

Iran appoints Bahmani as governor

Mahmoud Bahmani, the generally secretary of the Central Bank of Iran, is to take the helm after the sacking of Tahmasb Mazaheri, local media has reported.

Tehran ousts central bank governor

Mahmoud Ahmadinejad, Iran's president, has sacked Tahmasb Mazaheri, the governor of the country's central bank, after just 12 months in charge, state media reports.

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.

We will survive US snub: Iran's Mazaheri

Tahmasb Mazaheri, the governor of the Central Bank of Iran, has said the country's banks can weather the impact of United States-imposed sanctions. Mazaheri's comments come as Angela Merkel, Germany's chancellor, said she would back more sanctions on the…

Iran to consider redenomination

The Central Bank of the Islamic Republic of Iran will look into the possibility of knocking three zeros off its rial currency.

New governor for Iran

Tahmasb Mazaheri, a former Iranian finance minister, was appointed yesterday as head of the country's central bank.

Iran plans banknote with atomic symbol - reports

Iran, which is currently embroiled in a row with the West over its nuclear ambitions, will issue a new banknote this month carrying an atomic symbol, newspapers reported on Sunday 4 March.

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