Iran’s Central Bank, which had fixed the national currency at 12,260 to the dollar in a bid to stabilize it, said traders are once again allowed to buy and sell at market rates.
Tag: Bank
Assistance of Interpol requested in Great Bank Fraud case
The trial of suspects in Iran’s $3-billion bank fraud convened today for the third time, with the judge announcing that interpol has been called on in order to bring all the suspects in the case to trial.
EU adds Iran’s Bank Tejarat to sanctions list
Jan 24 (Reuters) – The European Union has included Iran’s state-owned Bank Tejarat among entities it isblacklisting to raise pressure on Tehran over its nuclear programme, according to an EU document published on Tuesday.
EU to sanction Iran bank, Greece holds up oil embargo
By Claire RosembergBRUSSELS (AFP) — EU nations Thursday agreed to sanction Iran’s central bank, freezing assets used to finance its nuclear drive, but have yet to clinch an oil embargo deal that could penalise debt-hit Greece.
Central Bank tries to control currency market
Iran’s Central Bank has announced that anyone in possession of foreign currency without a bank receipt will be put under arrest beginning Sunday January 15.
Iran Central Bank rejects halting trade with UAE in dirham
Iranian Central Bank dismissed reports that the county has halted trade exchanges with the UAE in dirham. The Central Bank rejected the smear campaign about ban on opening letter of credit for imports from the UAE and halting trade exchanges with the UAE in dirham.
Iran’s Chief of Central Bank: Sanctions Harsher than a Physical War
InsideIran – Mahmoud Bahmani, head of Iran’s Central Bank, announced this week that the conditions imposed by sanctions on the country are much harsher than a physical war.
Iran lawmakers find minister liable in fraud, Tehran Times says
IranFocus-BloombergAn Iran parliament committee has held several senior officials accountable for the biggest bank fraud in the country’s history, Tehran Times reported.
Iranian Lawmaker Boroujerdi Denies Allegations Of Involvement In Fraud
Alaeddin Boroujerdi, the head of National Security and Foreign Policy in Iran’s Parliament who was reportedly arrested for 24 hours last week, has denied any involvement in the great bank fraud case.
Iranian Parliament divided over bank fraud case
Iranian lawmakers have announced that if the report on Iran’s huge bank fraud is to be read in parliament, it must be read in full, without omitting the names of five MPs involved in the case.