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Central Bank of Iran: We can not provide hard currency

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1 hour ago, NEPatriotsFan1 said:

You forgot to have them call some national holidays in there in between a couple more week long vacations ;) But you get the idea.... 

 

someday my friend, someday we will wake up to an Adam Montana Text 

Yes, someday... But with the ups and downs of late I am not holding my breath. .. Last week it was an absolute flurry of positives.. now we are back to the I don’t give ____ attitude .. So yes I agree .. someday 😊

Edited by NoviceInvestor
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1 hour ago, NEPatriotsFan1 said:

You forgot to have them call some national holidays in there in between a couple more week long vacations ;) But you get the idea.... 

 

someday my friend, someday we will wake up to an Adam Montana Text 

 

I hope that someday is anywhere in the 1st Quarter of 2019 :praying:

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The central bank has been reluctant to lower the dollar rate

The head of the central bank responded by quoting the bank's deliberate inhibition of the dollar's decline, saying the current rate is not at all an inherent price to the dollar and we have to adjust that program.

According to Mehr News Agency , Abdul Nasser Hemmati, after attending the March 22 march of the march, wrote on his Instagram page: "Today I found the presence among the great people of the people who came to the scene on the 40th anniversary of the revolution. Dozens of marchers expressed their gratitude and gave the following explanations:

Generally, they were commended and grateful to the central banker during this difficult period. Honestly, it was the heart to continue.

There was some question in the minds of some that the Central Bank does not want to drop the dollar down? I said hello! Maybe it? In addition to strengthening the value of the national currency, stabilizing the market and preventing fluctuations, it is also important for the central bank, but this does not mean that we should prevent or seek to increase the rate.

Stressed that more effort would be made to lower the dollar. I said that I also believe that the current rate is by no means an inherent price for the dollar and that we are adjusting for that program and that we will work hard to increase the value of the national currency.

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Code 4539586
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we will work hard to increase the value of the national currency.

 

Thanks Buti !!!!

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Iranian customs permit the introduction of foreign currencies without a specific ceiling

19/02/2019 11:44 AM | Number of readings: 844

Iranian customs permit the introduction of foreign currencies without a specific ceiling

 

Iranian customs permit the introduction of foreign currencies without a specific ceiling
The customs authorities said Tuesday that the security services, police and customs (at ports and airports) are not authorized to prevent the entry of foreign currency under this decision, and whoever violates that will be held accountable. Admin .

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The dollar reaches 14 thousand tomans in the Tehran market

The dollar reaches 14 thousand tomans in the Tehran market
 
 



 Twilight News    
 Friday, 22 February 2019

The price of foreign currency in the currency market exceeded 13 thousand tomans to the dollar, after four months of relative stability, and reached again about 14 thousand tomans. 
At the same time, the official SANA website of the Central Bank of Iran announced the price of 13,000 tomans for the dollar this weekend. 
On the reasons for the rise in the exchange rate in the Iranian currency market, the head of the Central Bank of Iran, Abdel Nasser Hamati, wrote in his account on "Instagram": "The government's decision to allow the entry of goods from the border was one of the reasons for this rise. Imposed on foreign currencies, increased the import of non-essential goods, and will certainly increase demand for currency in Sulaymaniyah, Dubai and Herat .. and therefore in the Iranian market. "
It is noteworthy that the reference of the President of the Central Bank was to the decision of the last Rouhani government, when his government agreed to allow the residents of the border and sailors to enter the goods. This was a proposal by the Ministries of Industry, Mining and Trade, the Ministry of Economy and Finance and the Anti-Smuggling of Commodities and Currencies Authority. 
My concern is that the concern and ambiguity associated with the fate of Iran's accession to the Palermo agreement to combat international organized crime is one of the reasons for the instability of the Iranian currency market. 
Hamati noted that the "statements and warnings" of some officials about "the possibility of rejecting a Palermo bill, the end of 20% bank deposits or the budget, and the negative atmosphere resulting from the introduction of some unknown plans and actions are other reasons that led To the instability of the currency. "
On the other hand, Iran is actively seeking to implement the European financial mechanism to facilitate business dealings with European partners and should announce its final decision on a Palermo bill. Recently, the German Ambassador to Tehran, Michelle Claude Brechtold, said that "the launch of the European financial mechanism is Possible without the final approval of the FATF agreement in Iran. " 
At the same time, the head of the central bank stressed that "the central bank will be present in the market in order to prevent instability, and will take necessary measures if necessary." 
It is not clear what my concern was about these measures, and when this need was met. But the key question is: has the exchange rate tripled since last year so far does not require action?
It is noteworthy that the exchange rate of the dollar, which was last year (2018) about 3700 Toman, now more than three times. It reached some 20,000 tomans in October, in an unprecedented jump, followed by an increase in the prices of many commodities and the upward trend in commodity prices continues.

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Zarif, Hemmati and Zanganeh are at the forefront of the fight against America

 

 
11:51 ::
1397/12/7
 
Political /
News ID: 452081
The reaction of the president to the delicate resignation; Zarif, Hemmati and Zanganeh are at the forefront of the fight against the United States

You can not say the country to 10 to 20 people and say that we are subject to your decisions / Leadership, the government and the Parliament do not oppose the four bills, so who is against?

 

The president said that the United States today has all its powers in the issue of boycott against the banking system, oil sales and other economic fields, adding that the foreign ministries and the central bank, our front line in the fight against America, and I appreciate the gentlemen Zarif, Zanganeh and Hemmati as those who are standing on the front line of the struggle.

Hojatoleslam and Al-Muslimin Dr. Hassan Rouhani said on Tuesday at the fifty-eighth anniversary of the Central Bank and among the bank's governors, referring to the report provided by the head of the Central Bank at the General Assembly meeting, despite all the hardships and The current problems are promising.

"Despite the hardships and the critical conditions, the president said," We have made good progress, while there are people who have absolutely correct expectations and expectations that we must take to resolve it. "

Dr. Rouhani said the government, the central bank and the oil ministry, are people's representatives, said the government is a general elected people and efforts are the efforts of the nation. Each of us has a heavy burden on liability.

The president said that, under the current sanctions conditions, we should not have a decent trade balance, but statistics show that, despite all these difficulties, we had $ 40 billion in non-oil exports and $ 38.5 billion in imports, indicating a positive 1.5-point, which is good.

Dr. Rouhani added: "Of course, in the basic commodities, imports have been slightly increased, but in parts we have faced a drop in imports, which is a very important point.

The president went on to mention the legal and banking successes against the United States and said that despite the pressure from the US government, we succeeded in defeating Americans three times in the international court.

Dr. Rouhani added that the court once voted in favor of Iran in the matter of confirmation of jurisdiction once again in the issuance of a temporary and third-level ruling on the jurisdiction of the International Court of Justice regarding the bank notes of the Central Bank of Iran despite the demands and pressures of the United States.

The president noted that we had won two rights in two European courts two times. He noted: "We have achieved great success on the political and international scene, and we have done a lot of work in the region, some of which are on our side." The IRGC has been part of the Department of State and has been part of the economic sphere.

Dr. Rouhani continued: Syrian President Bashar al-Assad drove from Damascus to Tehran yesterday, serving the Supreme Leader and conducting a meeting with me and announcing that in order to thank the people, the government and the leader of the revolution, as well as appreciation of The Foreign Ministry has traveled to Iran, showing that when we are all together, we will succeed.

The president said that in some media it was alleged that the government had not done much to raise liquidity, but the statistics presented today show that, before the 11th government, liquidity growth averaged 27.4 percent, but since the beginning of the government Eleventh to the present day this figure has dropped to 23.8%, and that liquidity control at the monetary base is a very important task.

Dr. Rouhani added that before that, the government was a large part of the monetary base based on government borrowing and government debt to the central bank, but now if the monetary base has increased, due to banks' debt to the central bank, banks have been trying to use this monetary base Do not push and not push the economy.

"The other point at the meeting today is the demand for money from banks by the central bank, which has fallen in recent months, and this is good that banks have helped," the president said.

Dr. Rouhani continued: Statistics show that the status of state-owned banks is better than private banks and principle 44. Banks need to help and control overdrafts from the central bank.

In his speech, the president went on to say that one of the good achievements of the central bank, with the help of the government and other forces, was to investigate the situation of unauthorized credit institutions and said unpredictable credit institutions were a great blight to the country and the people, and the solution to this problem was easy. Was not When Mr. Seif came to deal with this situation, he was struggling, several letters were sent to him with about 100 signatures, but this was great work and still continues, the banking institutions were unauthorized, which increased the money base and The solution to this problem created a lot of problems for the government, of course, these institutions did not have to do with the government, and it was the previous government, which was a burden on us.

Dr. Rouhani said that it is very important that the central bank increase its oversight over banks and that if it is necessary to make decisions about the bank, it is important that the central bank's needs for the three Central Bank Coordination Councils be approved and resolved shortly. , With power.

The president noted: "People should be aware that during the economic pressures of many banks, it is also happening that this action is essential for the economy and healthy functioning of banks.

Dr. Rouhani also announced that several Armed Forces banks will soon be merged into a reform process that will hopefully be completed by the end of this year.

The president, saying that in the current situation, the central bank and the government have a very heavy responsibility, said: "If anyone wants to wall around the country, they will harden the government, so I beg you to own any ideas and belong to each line." The factions that do not wall around the government because it does not benefit the people and let the government do its job.

Dr. Rouhani added: "Is it possible to make a decision in Tehran, and whoever has to execute, will face the wall across the border." This wall must be removed wherever it is.

The president also said, "If our banks are not comfortable with banks in the world, how can they be healthy and comfortable?"

Dr. Rouhani said: "We participate in the banking and monetary affairs of the world not to retreat from the banking and system development of the world, because without the banking and financial communication with the world, we can not sell our oil and commodities and bring the money to the country.

The president noted that it is not possible to transfer money from export to suitcases, and that banks should be active in this regard.

Dr. Rouhani stressed that if our country's relationship with the financial services group is cut off, our banks are facing a world-wide problem, saying that if there is one person in the country who disagrees with this statement and believes that the adoption or rejection of the two remaining bills of bills The four do not have an impact on the relationship of our country with the world's banks, today it is interviewing and rejecting it.

The president added: "We must accept a little bit of reason for the world." All countries in the world participate in an organization and a group. That is, if all the countries of the world participate in a group and an institution, none have any reason and mind? And if the government has adopted a bill in this regard, and the parliament has ratified it and the Guardian Council has signed it, have not they had any plans?

Dr. Rouhani stated: "We can not give the country 10, 20 people and say that they make every decision, we are also the function; it is not so, and the owner of this country is a great nation of Iran, and surely the people and the central bank and banks in this regard too They will talk.

The president noted that two or three weeks have passed since the transfer of a small meat problem, and although 90% of it is provided internally, the same 10% of the imported from abroad is also difficult because the private meat sector To the frontier, and the banking system faces a problem in clearing it.

Dr Rohani, stressing that the facts are not told to the people, said that when problems arise, they immediately question the governance of the government, why do you make it difficult for people to do today and tomorrow. The decision is in our country, either with the government, either with the parliament or with the leadership, and the leadership has told me several times that they are not opposed to the four bills. The government and the parliament also have no problem, so who opposes.

The president said the same size as I am talking about, and if I say rightly, all of you must interview and tell the truth to the people to cross the problems. 

Dr. Rouhani stressed: Today, do you need financial and banking professionals to bring the truth to people so people know what the reality is?

In another part of his speech, the president emphasized the central bank's efforts in the area of production and employment, saying: "No doubt, if there is no activity and participation of banks, production and employment will be in trouble." So, there are good actions and decisions in the field of providing credit and support to the economic institutions, and this process should be continued with careful monitoring.

Dr Rohani, referring to the need for increased employment, said that the manufacturing, industry, agriculture, services and housing sectors have a lot of jobs, so the government is determined to make all of these areas, especially housing, in order to provide affordable housing for the people. Be employed.

The president noted that the central bank and other banks should have a twofold attempt to increase employment, boom in production and exports for the next year, and we believe that the 40 billion non-oil exports due to the existing capacities in our country are small and that export mechanisms And increase the figure by facilitating the export process.

Dr. Rouhani said the government is satisfied with the activities of the Central Bank and the economic sector of the country in terms of the problems we face.

He said the central role of the central bank was to curb inflation and create favorable conditions for economic growth, saying that the indices and economic trends of the country have improved over the past four years, and the pride of the 11th and 12th governments is that in 95 and 96, inflation after 26 The year became one-digit and this year, due to the problems that have occurred, inflation has reached 23 percent, so this year we have lost the one-digit rating, but next year, the year is curbing inflation and reducing it, and with what has happened over the past few months. Fallen, this is possible.

Dr. Rouhani said that the central role of the central bank is to increase the supervision of banks, and no bank should be excluded from the supervision of the central bank.

The president noted: "Economic growth has been good in the past two years and we have to take further steps for the next year in terms of economic growth."

Dr. Rouhani also described the creation of a currency equilibrium in the market and said everyone should help the central bank in this way to make the exchange rate at reasonable, balanced and acceptable prices. / Presidential Information Base

http://www.ion.ir/News/452081/استعفای-ظریف-و-واکنش-روحانی

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 Arab and international


Economy News _ Baghdad

Iran's central bank governor Abdul-Nasser Hamati announced that the merger of Ansar, Hikmat Iranan, Mawaneen, Mehr-e-Aktar and Kawther as part of the Sabeh Bank is a shift in the banking system in the country. 
In an interview with Iranian television on Saturday evening, Hemeti said that these banks have 24 million depositors with a total savings of 2.15 thousand riyals ($ 42,000) and planning has been made so that there is no change in how the profits are paid to the savings. 
He announced that the facilities of these banks amounted to 1.3 thousand trillion riyals, adding that these facilities are continuing according to the contracts concluded and employees will continue to work on the basis of their contracts. 
He pointed out that the number of branches of these integrated banks is about 2500 and with the addition of branches of Bank of the number of 1200, the total number will be after the merger of 3700 branches, which is more than the number of branches of Bank "
In another part of his speech, Hamati explained that the latest statistics show that the country's exports of non-oil goods reached 40 billion dollars and imports 38.5 billion dollars, ie the country's trade balance is positive. 
Regarding the entry of hard currency from oil and non-oil exports, he said that great efforts are being exerted in this field. It is noteworthy that contrary to expectations, the volume and returns of oil exports were so hopeful that oil exports to Japan, China, Turkey, Iraq and others are continuing the efforts of the Ministry of Oil. 
"Since June last year, the country's net foreign currency reserves have increased by 1.7 percent, adding to the central bank's holdings and we have the reserves and sufficient paper currency for special circumstances," he said.
The Central Bank of Iran announced on Saturday the merger of the banks of the armed forces in the bank "Sabha" government, based on the decisions of the Monetary and Credit Council and the Supreme Economic Council of the three authorities.


Views 44   Date Added 03/03/2019

 
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Iran raises the minimum wage by 36% to this value

 
Spread Wednesday , 20 March 2019
 

Iran raises the minimum wage by 36% to this value

The Supreme Council of Labor in Iran has decided to increase the minimum wage for workers in the country by 36% starting from the beginning of the new Iranian year, which will start on Thursday 21 March 2019.

 

According to the official Iranian news agency (IRNA), the Supreme Council of Labor in Iran, discussed during a meeting on Tuesday evening, the issue of minimum wage for workers for the Iranian year, which will start on 21 March.

 

The Supreme Council of Labor decided to increase the minimum wage to 15.168 million riyals ($ 360.24) per month, compared to 11.140 million riyals ($ 264.58) in the Iranian year, which ends Wednesday, 20 March 2019.

 

The planned increase in the minimum wage is SR 4.028 million ($ 95.67), or 36.15%, compared to the current Iranian year.

On the other hand, reported the website of the Iranian President Hassan Rowhani, that the President informed the planning and budget in the country, the implementation of the draft budget for the coming Iranian year, which begins on 21 March.

The budget, the first of a spiritual government, after the withdrawal of Washington from the nuclear agreement and imposed economic embargo on Tehran, and the size of the budget is 4700 trillion riyals (110 billion dollars).

Rowhani said that next year's budget is commensurate with the unjust US embargo on Iran, calling for a reduction of the government sector and a reduction in government dependence on oil revenues.

The government has set the price of a barrel of oil in the draft budget at $ 54.

Rowhani told parliament that government employees would receive a 20 percent pay increase next year and that the budget includes $ 14 billion in government subsidies to provide commodities such as food and medicine at cheap prices.

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Iran is considering introducing a new currency and deleting 4 zeros from its currency

16/04/2019 06:00 PM | Number of readings: 895

 
Iran is considering introducing a new currency and deleting 4 zeros from its currency

 

 

Iran's central bank has submitted a proposal to amend the country's monetary system, including the deletion of 4 zeros and the introduction of a new currency, after the devaluation of the riyal to record levels due to US sanctions. The Fars news agency reported on Tuesday that the economic committee of the Iranian cabinet is considering the proposal, which offers a new currency to Iran. In its proposal, the Iranian central has set a gradual transition from the riyal to the 24-month Toman, with the aim of withdrawing the old banknotes and replacing them with new notes. By eliminating the four zeros, Iran aims to facilitate and restore the role of payment instruments in local monetary transactions, reduce the cost of printing and publishing paper currency, and maintain the viability of the monetary system over the coming years, in addition to facilitating the exchange of the national currency against other international currencies.

 

 
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Tuesday, April 23,
 
 
Search Bigger
 
 

Alsumaria News / Baghdad
The Iranian riyal came back again after Washington tightened its restrictions, indicating that the dollar exchange rate amounted to 140,500 Iranian riyals. Russia

said on Thursday that the exchange rate of the Iranian currency fell against the dollar after Washington announced tightening restrictions on Iranian oil exports, saying it would not give the buyers of crude from Tehran exemptions after the end of May. The exchange rate of the dollar reached 140,500 Iranian riyals (Tuman = 10 riyals), up 2.5 percent from Sunday, according to data from the Bonnast website, which tracks the Iranian currency's move against foreign currencies in the parallel market.

 

 


For comparison, the dollar was sold at the beginning of this year in the parallel market for 112000 riyals, meaning that the US currency rose since the beginning of 2019 until yesterday, 28,500 riyals. 

The drop came after the United States announced on Monday it would end all exemptions from sanctions on Iran in May that allow eight countries to buy Iranian oil without falling under US sanctions.

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14 minutes ago, danielchu said:

Bet those that bought the riyals are not happy now!

 

$500.00 bought $11,000,000.00

I would say it is worth the risk. 

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Agree gregp...the US doing this will only prolong the china-trade agreement. As u know China is the biggest oil buyer coming from Iran...and stopping China from buying oil from Iran would only aggravate the agreement n amongst other countries.I have seen reports that asian countries would retaliate if ever this happens. Cheers

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 28-04-2019  14:17  0  1819
 

A new decline of the Iranian currency against the dollar

 
   
 
img
 
 

TEHRAN (Reuters) - Iran's Toman fell on Sunday against the US dollar on the Tehran Stock Exchange.

The price of the Iranian Toman in Tehran was 1,430,000 million Tuman for every 100 US dollars, the correspondent of the news agency N Non-News said in Tehran.

The price of the Iranian currency has stabilized over the past few months, reaching 1,300,000 million tomans per 100 dollars in the domestic markets of the Iranian capital Tehran.

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 Arab and international


Economy News _ Baghdad

TEHRAN (Reuters) - Iran's riyal fell sharply against the US dollar to a record 150,000 Iranian riyals per dollar, according to Iranian media, after two days of reports of the administration's intention to tighten sanctions on Iran to include a dollar ban and a ban on petrochemical exports.

Tasnim said that the dollar was traded at the exchange offices in banks worth 140 thousand and 700 riyals, while economic sites and accounts through the sites of communication that the dollar reached the exchange market of 150 thousand Iranian riyals.

The Iranian riyal has lost two-thirds of its value over the past year for various reasons, including the US withdrawal from the nuclear deal and the return of all sanctions against Iran.

The sanctions caused unrest in the Iranian market, where the price of the dollar in the free market to about 190 thousand riyals in the month of October.

While the Iranian riyal has recovered slightly against the US dollar and has been trading in the past few weeks at 120,000 riyals, it fell sharply on Sunday to around 150,000 riyals in a fresh blow to the Iranian currency.


Views 0   Date Added 05/05/2019

 
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The Iranian Rial is at its lowest level in 7 months

Political | 03:31 - 07/05/2019

 
image
 
BAGHDAD scales News 
reported , "Reuters" that the Iranian riyal exchange rate fell during trading on Tuesday to its lowest level in seven months, due to growing tensions with the United States. 
Foreign exchange sites monitoring the movement of the Iranian currency in the parallel market have said that the exchange rate of the Iranian riyal fell to 154000 riyals to the dollar, after Monday was at 150500 riyals to the dollar. 
She pointed out that the Iranian currency has reached its lowest level since early October 2018, attributed the drop to the escalation of tension between Tehran and Washington, which said it sent an aircraft carrier and bombers to the Gulf region.

 

 
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 2019-05-10 17:33:50

The Iranian riyal lost about 10 percent of its value compared to last week, as US sanctions tightened and the Tehran regime announced its renunciation of commitments in the 2015 nuclear deal.

The Iranian riyal recorded a new decline Friday, reaching more than 156.5 thousand riyals per dollar, according to foreign currency exchange sites monitoring the movement of the Iranian currency on the black market, which was the beginning of this year about 11.2 thousand riyals.

The Iranian riyal fell to about 154,000 on Tuesday when Tehran announced its intention not to comply with some provisions of the nuclear deal.

The administration of President Donald Trump announced last month its intention to end the exemptions granted to eight countries that buy Iranian crude in order to "reset" Tehran's oil exports, making the Iranian riyal falling sharply to about 144 thousand dollars for every dollar.

The fall of the Iranian currency coincides with the United States sending an offensive force composed of the Abraham Lincoln aircraft carrier and grenade launchers to the Gulf in response to alarming "signs and warnings" from Iran.

Tehran has fixed the official exchange rate of the US dollar at 42.1 thousand riyals.

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Please correct me if I am wrong, but is this essentially what happened in Iraq nearly 15 or so years ago. Military push from U.S and threat of war. Then the collapse or the IQD in the midst of sanctions and economic collapse.  Then many IQD began buying currency and wait and wait and wait. Now it looks like this may be an exact mirror to the real life story we all are living. Things that make you go hmm...

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20 minutes ago, chris2028 said:

Please correct me if I am wrong, but is this essentially what happened in Iraq nearly 15 or so years ago. Military push from U.S and threat of war. Then the collapse or the IQD in the midst of sanctions and economic collapse.  Then many IQD began buying currency and wait and wait and wait. Now it looks like this may be an exact mirror to the real life story we all are living. Things that make you go hmm...

For some reason I can't edit the post and was typing on my phone so there were multiple errors. That should say collapse of the IQD. And then many IQD "investors"

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Iranian dirty money (1) .. Black and gray money in Iranian politics!

59877388_1267190003436261_7116296596521746432_n.jpg

 

 Thursday, 09 May 2019

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خاص: Translation - أبرار رمضان بهجت:

As the official and declared statistics and the percentage of "dirty money" within the Iranian economy confirm, with about 81,000 billion Tuman. It has seen a special file on the dirty money laundering issue in the Iranian political process and its complex details. .

 

"Money laundering" is a harmful and dangerous issue in all parts of the world because of its negative impact on national economies and paves the way for the activation of many branches of the "black economy" such as "drug trafficking, smuggling, arms trade and terrorism" ; And increased money laundering.

The term "money-laundering" is called the illicit transaction and proceeds collection, which takes legal form and manages to evade legal penalties.

Making "money laundering" worse than ever before, the corrupt criminal organs that carry out and carry out banking transactions; which sometimes cause, as a current of the economic system, paralysis of the financial and monetary cycle of States.

19_2018-636654539695382229-538-e1557364039164.jpg

Getting dirty money and disinfecting has long been illegal, and causes many of the negative effects of economies around the world. Money-laundering operations have drawn the attention of the world community, and some countries have enacted laws and regulations.

The dynamics of money laundering.

And "money laundering" is a complex, continuous, long-term and collective process, usually on a large scale and may go beyond the "geopolitical" scope of a State, thus changing the nature of the dirty funds in a legitimate and lawful manner.

Dirty funds are generally divided into three sections:

1. Black currency: means the proceeds of smuggling and drug trafficking and illegal wealth.

2 - Blood money: the proceeds of treason and acts against humanity.

3. Gray funds: include activities under peace; away from the eyes of government officials.

The use of dirty money in the Iranian political process ..

The official statistics have identified the percentage of dirty money in the Iranian economy, about 81 thousand billion Tuman.

The proceeds of the organized activities of military and religious institutions and institutions, which lack transparency, as well as systemic corruption in the Iranian economy. The money that entered the political cycle in the state, according to the statements of the Minister of Interior in the government of the President, "Hassan Rohani," which made it more difficult, and even impossible, to combat economic corruption.

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The use of dirty money in politics and elections, in Iran, is not new. Fourteen years ago, after the presidential election in 2005, which ended with the victory of Ahmadinejad, "Mehdi Karroubi", the losing candidate in the elections, issued a statement that said: "I lost the elections because I do not have the money of secret ports or smuggling proceeds, Or even trading in sugar. "

Prior to that, Karoubi, when he was the sixth speaker, revealed the existence of non-controlled, privately controlled ports, the Revolutionary Guard, according to the text of his then-adviser Mohsen Armin's resignation, A parliamentary MP for "Tehran", where he said: "The annual Revolutionary Guard revenues, from smuggling, about 12 billion dollars."

A figure six times higher in 2017, according to the head of the Anti-Smuggling Agency, about $ 25 billion, or about half the imports of legal Iranian goods.

Smuggling ..

Unlike the money smuggled goods, "parts of the proceeds of drug trafficking" entered the Iranian policy cycle.

According to Abdul Rahman Fadhli, the interior minister of the moderate government, the annual drug turnover cycle in Iran has exceeded 10,000 billion tomans. He also confirmed the flow of part of the money on the campaign as an aid.

In parallel to Fadhli's comments on the execution of the prison sentence on Mohammed Reza Rahimi, the power of suspicions about the involvement of the first deputy president, Ahmedinejad, has increased in drug trafficking and pumping revenues in the elections.

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Among the defendants in this case is Jaber Abdali, a partner, Mohammad Reza Rahimi, who was convicted earlier on charges of drug trafficking and money to 170 members of parliament.

According to the commander of the police forces, "the question of dirty money has been raised before. Unfortunately, there were cases (both before and after the elections), which were injected into certain personalities or later involved. Unlike other countries, there is no specific role for them Funds in the Iranian political arena.

On February 23, 2018, the head of Iran's Central Bank, Waleedullah Saif, announced the launch of the bank's efforts to prevent the entry of dirty money into Iran's political arena.

These statements were a reaction to some officials' warning that dirty money would be used in politics and elections. Some MPs have also warned against election sponsors. For example, Gholamreza King Gordon, a parliamentary MP for Gajsaran, said in an interview for the news website: "The ability of money in the electoral process must be reduced. Money has played a crucial role in the transition of political power. "

Meanwhile, Mustafa Pour Mohammadi, the former Minister of Justice, and the Chancellor of the Judiciary, drew attention to the media and its role in fueling the dirty money discussions, and recommended that such discussions be stopped.

Blackout ..

"We are trying to control these funds, but there should be no debate about dirty money in the media and on public opinion to express opinions," said a high-ranking judicial official, "illegal money spending in politics and elections."

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Iranian dirty money (2) .. Why Iran suffers the highest risk of "money laundering"?

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 Friday, 10 May 2019

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Special: Translation - أبرار رمضان بهجت وعبدالرحمن محمد عبدالعظيم:

As the official and declared statistics and the percentage of "dirty money" within the Iranian economy confirm, with about 81,000 billion Tuman. It has seen a special file on the dirty money laundering issue in the Iranian political process and its complex details. .

In the 2017 report, the Basel Committee on Swedish Banking Supervision ranked first in terms of money laundering risk for the fourth consecutive year among 142 countries surveyed. According to "Ahmed Alawi," an Iranian economic analyst based in Sweden, in his latest analytical articles on the site (Radio Tomorrow).

Iran, with the exception of 2013, has been ranked first in terms of the risk of "money laundering" globally in the period 2012-2017. In the second place, until the tenth, countries "Afghanistan, Guinea Bissau, Tajikistan, Laos , Mozambique, Mali, Uganda, Cambodia and Tanzania. "

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Dirty money is the destination for all illegal transactions such as smuggling, embezzlement, which are not subject to tax and legal scrutiny. In order to benefit from these funds, within the legal framework of the economic system, they must first be formally used within the banking system.

Officially, these funds, which are derived from suspicious transactions of illicit origin, are known as "money laundering". This process has a specific path and involves various sources and stages.

Iran has all the high risk of money laundering, such as large-scale smuggling, embezzlement, financial operations in suspicious economic sectors, a failed tax system, a corrupt banking system, lack of transparency and response from government and private institutions, and corruption of regulatory bodies.

The most important sources of "dirty money" in Iran ..

"Iran" is one of the countries where money laundering is a serious risk for various reasons. First: the abundance and diversity of sources of "dirty money".

The smuggling of goods, both at home and abroad, is one of the most important sources of "dirty money" in Iran. Unfortunately, there are no admirable estimates about the smuggling of goods within Iran, and published statistics contradict each other.

According to published statistics, in 2013, smuggling revenues outside the country amounted to about $ 7.8 billion, before declining in the following years to reach half a billion dollars in 2016.

According to the same statistics, internal smuggling revenues in 2013 reached about $ 17.2 billion before falling by about $ 5 billion in 2016.

According to officials' claims, total internal and external smuggling revenues in the previous period fell from $ 25 billion to $ 12.6 billion, or nearly 50%. But these statistics are not accepted by all officials.

For example, the Attorney-General, Mohammed Jafar Montazeri, described the failure to combat smuggling and the vagueness of statistics as part of his review of the performance of drug control and cargo smuggling agencies, which are based on "imams without miracles". "I do not say they do not work because this is unfair, but what has been achieved by a body headed by the President of the Republic and includes influential members. This reflects a flaw in performance. Sometimes we talk out of sight and know, but that hurts the country. " "According to the latest statistics, the fight against smuggling is terrifying. In 2016, we discovered smuggling operations worth 18,000 billion Tuman. "

The Attorney-General expressed concern about official statistics issued by the Anti-Smuggling Authority. "Some gentlemen are seeking not to announce statistics on smuggling. We have discovered nearly 18,000 billion Tuman smuggled goods, but how much is undiscovered? We do not know. "

But the sources of dirty money are not limited to smuggling. Iran is among the countries where the informal economy is expanding significantly. This part of the Iranian economy is not under the umbrella of the tax system and is not transparent.

A corrupt banking system ..

Entering the dirty money The economic cash cycle requires a corrupt and non-transparent banking system. The majority of the Iranian banking sector is government, while the other is under the ownership and management of institutions such as the Revolutionary Guards, police and municipal forces, and there is another part known as private.

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Iran's private banking sector is under the influence of the first two sectors. It is natural in light of the lack of healthy competition and inappropriate laws, as well as the influence of the power gangs, that banking resources are distributed within the framework of power and wealth gangs (the Iranian financial oligarchy).

"If we want to compare the Iranian administrative systems with the industrialized countries, we have the most backward system in the banking sector in a way that makes the gap between Iran and the world very large," said Akbar Turkan, adviser to the president.

Inappropriate laws ..   

There is a general relationship between the failed legislation and the size of "money laundering". The failure of economic laws such as the "Trade Law" and the tax laws are among the most important "money laundering" incentives in Iran.

A simple comparison between Iran's economic laws with developed countries proves that Iranian laws are flawed and complex at the same time, making healthy economic activities difficult, ineffective and transparent.

The main source of laws in "Iran" is the jurisprudence of the Shiites and fatwas of jurists and the understanding of the scholars of antiquity of life in the stage of modernity. Those sources that are incompatible with modern economic and social relations and can not guarantee the transparency of the economic, monetary and credit system.

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Corruption Control Institutions

According to officials, administrative corruption in Iran has achieved high levels of institutional and methodological corruption. Therefore, internal control institutions such as the judiciary, which is contaminated with corruption, can not monitor and restrict the widespread economic and administrative corruption in Iran.

The main causes of this economic and administrative corruption are the lack of transparency of the administrative and governmental system, as well as the repression of the media and civil society independent of power.

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https://kitabat.com/news/الأموال-الإيرانية-القذرة-2-لماذا-تعان/

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