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Central Bank of Iran: We can not provide hard currency


yota691
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Iran executes "golden coins"

Iran executes "golden coins"



 Twilight News    
 3 hours ago

The judicial authorities in Iran carried out Wednesday the death sentence of "Wahid Mazloumin" known as the Sultan of gold coins and "Mohammed Qasimi."

The Information Department of the General Court and the Revolutionary Court in Tehran, said that "the competent authorities carried out on Wednesday morning, 14/11, the death penalty for criminals," Waheed Mazloumin "known as the Sultan of gold coins and" Mohammed Qasimi "accused of file targeted the Iranian economy after several hearings of the trial.

The police announced on July 4, the arrest of Habibullah in possession of tons of gold, which has increased the price of gold value in Iran for more than five times.

According to the statement of the spokesman for the judiciary, "Mohsen Aiji," was convicted and Waheed Mazloumin and Mohammed Qasmi on charges of corruption in the land after the formation of a network of corruption has disturbed the economic system and the currency market in the country. 

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Despite US sanctions, the Iranian currency is recovering

Despite US sanctions, the Iranian currency is recovering



 Twilight News    
 2 hours ago

The Iranian riyal has continued to recover in the domestic market since the second round of US sanctions on Iran entered into force earlier this month. 
The exchange rate of the Iranian currency today in the parallel market (black) 119 thousand riyals per dollar, after it was at 150 thousand riyals in early November. 
For his part, the President of the Federation of gold and jewelry in Iran, Mohammad Keshti, said that the Iranian currency recovered last week by 8%, while gold prices fell by about 15%. 
As for the reasons for the rise of the riyal, Kushti attributed this to a monetary policy followed by the Central Bank of Iran, in addition to controlling the exchange rate of the dollar in the domestic market. 
Tehran has taken a series of measures to counter what it calls an "economic war" it targets under US sanctions and last August set up special courts to hold corrupt officials accountable.
In the context of these courts, the Iranian authorities executed people convicted of "corrupt people", the latest of which was this week. Wahid Mazloumin, nicknamed Sultan of Gold, was accused of storing two tons of precious metals to manipulate the local gold market and foreign currencies. 
On November 5, the second round of US sanctions, through which Washington sought to halt Iranian oil exports in full, came into force.

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The Iranian Toman regains part of its value in front of the Iraqi dinar and foreign currencies Iranian currency against the dollar

1511201823354Doc-P-152001-636587978408860670.jpg

 

2 hours ago

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Digital Meditation NRT

Iran's Toman has recovered more than 10 percent of its value against foreign currencies in the past 48 hours .

According to Iranian press sources on Thursday, November 15, 2018, the Iranian currency continues to improve as the exchange rate of foreign currencies in Tehran on Thursday as follows:

USD: 12.600 TOMAN

The price of the euro: 14.300 Toman

British Pound: 16.000 Toman

Thousand Iraqi Dinar: 10.300 Toman

With the start of the first package of sanctions, the Iranian currency witnessed a sharp decline in its market value. The Iranian riyal continued its decline against the dollar and lost 20% of its value within days. Since the beginning of this year, the riyal has lost about two-thirds of its value. Thousand riyals, while the exchange rate of the dollar in the first of January 2018 to 42.900 Iranian riyals.

http://www.nrttv.com/AR/News.aspx?id=6492&MapID=5

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Iran takes measures to speed up the return of hard currency

11:55 - 17/11/2018
 
  
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Information / Baghdad ..

The governor of the Central Bank of Iran Abdul Nasser Hamti, on Saturday, to take measures to speed up the return of hard currency from exports expected to reach 47 billion dollars this year.

"Exports are the necessary resources for sustainable development and the most important element for entering the country's hard currency, increasing employment and economic income," Hamati said in remarks carried by Iranian media.

He added that it is natural, because of the barbaric ban, that the return of hard currency from exports to the wheel of the economy of the country with problems and difficulties, "noting that" the central bank and taking into account all the conditions of the country and laws and controls, will make the necessary cooperation and the necessary in this area " .

Hamati explained that "the pledge to return the hard currency to the wheel of the economy of the country can be in the framework of the composition of various methods of presentation of hard currency in the system 'Nima' or offer transfers and money to exchange offices or imports registered by," noting that "it is obvious "Except for the above, any other measure is an exit from the country's capital, in contradiction to the country's economic development goals."

He added that "in light of consultation with private sector activists, it has been taking precautions on how different groups of exporters work, and by doing so will accelerate the return of hard currency from exports to the wheel of the country's economy, which is expected to reach at least $ 47 billion this year" . Ending / 25

https://www.almaalomah.com/2018/11/17/364986/

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  • yota691 changed the title to Iranian official acknowledges money laundering in banks in the country

Iranian official acknowledges money laundering in banks in the country

Iranian official acknowledges money laundering in banks in the country
 



 Twilight News    
 3 hours ago

An Iranian official confirmed on Wednesday the occurrence of money laundering operations in banks in the country, stressing the need to take measures against them.

"The money of criminal organizations or drug smugglers who are able to penetrate the country's banking system is less transparent," said Laya Jnidi, Iran's vice president for legal affairs.

"After a meeting of the Council of Ministers in Tehran, these funds do not know exactly the source or where to go."

She stressed the need for developing control mechanisms.

On November 12, Foreign Minister Mohammad Jawad Zarif told local news agency Khabar Online that the money laundering operations in the country were "real" and that those involved "were behind strong media" without giving further details.

The issue of joining the FATF aimed at halting the financing of terrorism and combating money laundering has recently been raised. The Conservatives expressed their opposition to the move in return for the insistence of the government of President Hassan Rowhani.

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6 hours ago, yota691 said:

On November 12, Foreign Minister Mohammad Jawad Zarif told local news agency Khabar Online that the money laundering operations in the country were "real" and that those involved "were behind strong media" without giving further details.

The issue of joining the FATF aimed at halting the financing of terrorism and combating money laundering has recently been raised. The Conservatives expressed their opposition to the move in return for the insistence of the government of President Hassan Rowhani.

 

I was surprised to see FATF gaining traction in Iran. An announcement like this seems to contravene the Insanian Terrorist Machine Practices AND Funding Necessities. If this source of financing of terrorism and combating money laundering proves successful internal to Iran, I may be wrong but, seems like the Insanian Terrorist Machine is being defanged effectively in ways not implemented previously right before OUR very EYES!!!

 

Maybe some Good News about "SUDDEN" cooperation of the Insanians with dismantling the Insanian Terrorist Machine???!!!

 

Maybe FURTHER Good News about "economic reform" AND subsequent "international normalization" of Iran???!!!

 

GO True The United States Of America Patriot President Donald J Trump AND ALL The True The United States Of America Patriots!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

In The Mean Time............................................................................

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

:rodeo:   :pirateship: 

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Iranian official acknowledges the occurrence of money laundering in banks in the country

Iranian official acknowledges money laundering in banks in the country

Twilight News    

 Wednesday, 21 November 2018

An Iranian official confirmed on Wednesday the occurrence of money laundering operations in banks in the country, stressing the need to take measures against them.

"The money of criminal organizations or drug smugglers who are able to penetrate the country's banking system is less transparent," said Laya Jnidi, Iran's vice president for legal affairs.

"After a meeting of the Council of Ministers in Tehran, these funds do not know exactly the source or where to go."

She stressed the need for developing control mechanisms.

On November 12, Foreign Minister Mohammad Jawad Zarif told local news agency Khabar Online that the money laundering operations in the country were "real" and that those involved "were behind strong media" without giving further details.

The issue of joining the FATF aimed at halting the financing of terrorism and combating money laundering has recently been raised. The Conservatives expressed their opposition to the move in return for the insistence of the government of President Hassan Rowhani.


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2018-11-27 BY SOTALIRAQ

 

Iraq to resume 10-day suspension with Iran

 

Iraq resumed on Monday the issuance of visas to convoys of visitors to religious thresholds after a 10-day suspension.

The Iranian Hajj and Visit Organization has stopped sending Iranian convoys to the religious thresholds because visas have not been issued to Iraq since November 15, 2018.

In the opinion of some officials of the convoys of pilgrimage and visit, to stop sending convoys to pilgrims to the religious thresholds, was due to problems in hard currency, where officials of pilgrimage and visit negotiations with the Iraqi side to resume the issuance of visas and send visitors to the thresholds.

https://www.sotaliraq.com/2018/11/27/العراق-يستأنف-مع-ايران-اجراء-أوقفه-عشر/

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An Iranian proposal to host the International Banking Conference

01/12/2018 02:10 PM | Number of readings:

An Iranian proposal to host the International Banking Conference

 

An Iranian proposal to host the International Banking Conference
The Secretary-General of the Iranian Cooperation Chamber, Makhlullah Azimi, has announced a proposal to host the International Banking Conference and the World Association of Cooperatives. Speaking at a ceremony of representatives of the cooperative sector of several countries of the Iranian-Iranian commercial investment project, Azimi said that he welcomed the representatives of 30 countries in the world to host Iran's International Cooperation Conference in Asia-Oceania in its version. Thirteenth. He described the cooperation sector as a unique opportunity and expressed his satisfaction at paving the way for this economic sector in Iran, "and the government officials should run the vehicles on its deck to make the most of it." He pointed out the results of the International Conference on Cooperation in the Asia- Signed on the sidelines of the conference. He called for the submission of further proposals for the development of the cooperation sector in Iran through the use of international energies provided, In view of Iran's accession to the governing body of the International Federation for Cooperation in Asia-Oceania, it is hoped to achieve positive results. He pointed out that it is possible to use the cooperation sector to achieve economic development in the country and thwart the ban through the development of this sector.

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Baghdad Post Sunday, 02 December 2018 11:45 p

Central Bank of Iran

 

In desperate attempts to stop crises .. A new decision of the Central Bank of Iran

 

 

 

In a move seeking the regime of Supreme Leader Khamenei to absorb the anger of the "bazaar" and to try to ease the rise in prices, which became the main engine of demonstrations in the Iranian street, the Central Bank of Iran announced that the exchange offices allowed foreign currency transactions amounting to one million euros Exports to the domestic economy. 
According to the instructions of the Central Bank, licensed exchange offices can purchase foreign currencies resulting from export operations at a maximum of one million euros, or the equivalent in other currencies, or by registering in the currency control site (SANA) in the form of banknotes Or remittances at market prices. 
In recent months, Iran's hard currency market has seen unrest leading to the arrest of dozens of market activists by the judiciary on charges of "disrupting the economic system."

Count

https://www.thebaghdadpost.com/ar/Story/135296/في-محاولات-بائسة-لوقف-الأزمات-قرار-جديد-للبنك-المركزي-الإيراني

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  • yota691 changed the title to Iran supreme leader urges currency boost amid months-long rial plunge

Iran supreme leader urges currency boost amid months-long rial plunge

308fd272-2de7-4457-ad42-048e97819a7d_16x
A 2,000 rial Iranian banknote showing Ayatollah Ruhollah Khomeini and a handwritten pro-opposition graffiti in Farsi. (File photo: AP)
Reuters, DubaiSunday, 9 December 2018
 

Iran’s Supreme Leader Ayatollah Ali Khamenei has “ordered” the central bank to boost the value of rial, the bank’s governor said on Saturday, after a months-long plunge in the currency due to a faltering economy and US sanctions.

The state news agency IRNA quoted Governor Abdolnaser Hemmati as saying Ayatollah Khamenei “ordered the bank at a recent meeting to increasingly strengthen the national currency and called for the observance of the independence of the central bank”.

“The central bank and the banking system will use all of its managerial power and expertise to fulfill the Leader’s goals,” Hemmati said.

He did not say which policies he would follow to support the rial, which has lost about 65 percent of its value in 2018. The rial’s plunge had reached about 75 percent in the past few months, but it has recovered some of its value in recent weeks.

The currency has been volatile for months because of a weak economy, financial difficulties at local banks and heavy demand for dollars among ordinary Iranians to protect their savings as the United States withdrew from a landmark 2015 nuclear accord and piled pressure on Iran by reimposing sanctions.

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  • 4 weeks later...

Iran's central bank plans to delete 4 zeroes from the currency

Editorial date: 2019/1/6 10:04  422 times read
Iran's central bank plans to delete 4 zeroes from the currency
(International: Al Furat News) A deputy in the Islamic Shura Council in Iran, (parliament) revealed the intention of the central bank in the country to delete four thousand of the Iranian currency.
"The governor of the Central Bank of Iran Abdul-Assad Hamati, announced that the liquidity of 1700 thousand billion Tuman lost 30 percent of its capacity due to inflation." 
He added that the governor of the bank confirmed that the bank plans to delete four zeros from the national currency and that he should take the initiative quickly and the banking system should be reformed. " 
Papai said to the meeting of the bloc held on Sunday in the presence of Central Bank Governor Abdul Nasser Hamti to discuss the status of the country's reserves Of hard currency and inflation in society. " 
He said that the governor of the bank pointed out at the meeting that the central bank in front of two important challenges are the hard currency and the national currency and at a time when the people suffer from the size of inflation, we find that the value of foreign currency tended to stability.
He said that Hamati also pointed out that the US president is forced to retreat daily after he claimed the collapse of the Iranian economy says today that the Iranian national currency is now besieged. 
"" The central bank governor announced that the government never plans to revalue the hard currency and we have to achieve better, " 
The governor said that the reason for the non-decline in the value of hard currency is due to the perception that the value of hard currency will increase again, noting that the road is open with China and South Korea on his way to deal with India while talking with Turkey in this area. " 
Haji Babai announced that Hemmati said he could not hold hopes too much on the European channel, but it should work on the claim ".anthy
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Iran's central bank plans to delete 4 zeroes from the currency

10:19 - 06/01/2019

 
image
 
 


Mawazine News 
A deputy in the Islamic Consultative Council in Iran, the parliament, expressed the intention of the central bank in the country to delete four thousand of the Iranian currency. 
"The governor of the Central Bank of Iran Abdul-Assad Hamati, announced that the liquidity of 1700 thousand billion Tuman lost 30 percent of its capacity due to inflation." 
He added that the governor of the bank confirmed that the bank plans to delete four zeros from the national currency and that he should take the initiative quickly and the banking system should be reformed. " 
Papai said to the meeting of the bloc held on Sunday in the presence of Central Bank Governor Abdul Nasser Hamti to discuss the status of the country's reserves Of hard currency and inflation in society. "
He said that the governor of the bank pointed out at the meeting that the central bank is facing two important challenges are hard currency and the national currency and at a time when the people suffer from the volume of inflation, we find that the value of hard currency went to stability, " 
He added that Hamati also pointed out that the US president is forced to retreat daily After claiming the collapse of the Iranian economy, he says today that the Iranian national currency is now besieged. " 
"The central bank governor has announced that the government is never planning to revalue hard currency and we should achieve the best results at the lowest cost," Babai said. 
The governor said that "the reason for non-decline in the value of hard currency is due to everyone's perception that the value of hard currency will increase again, noting that the road is open with China and South Korea is on its way to deal with India while talking with Turkey in this area."
Haji Babaei said Hamati said it was not possible to hold much hopes on the European channel but that its demand should be met. "

https://www.mawazin.net/Details.aspx?jimare=28150

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here would be a bright  side of this  " iran  lops off the zeros  and the  money is still not worth much , takes  hand fulls too buy any thing ,  but  with the Iraq dinar in the  wallet they have something else too use ,  and this drives up the  need for the Iraq  money ,  ( and the  knowledgeable  fellows of Iraq see this  ,  and  put the dinar up too .50  cents per dinar , and every one except the central bank of iran live  really happy !  )   :D

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  • yota691 changed the title to Iran's central bank plans to delete 4 zeroes from the currency
50 minutes ago, easyrider said:

interesting timing by Iran,wonder what their neighbor Iraq has in the works?

 

Exactly. With Iraq deleting 3-zeros and Iran  deleting 4-zeros, it’s too coincidental.  👍

Trump must’ve signed a deal during his visit.  

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The government proposes to delete 4 zeroes from the Iranian currency

The government proposes to delete 4 zeroes from the Iranian currency
 
 



 Twilight News    
 2 hours ago

The Central Bank of Iran has submitted a proposal to the government to delete four zeroes from the local currency riyal, which was caused by the economic crisis suffered by Tehran because of US sanctions, according to the Iranian news agency (IRNA) on Sunday. 
"The central bank presented to the government yesterday a draft law to delete four zeros from the national currency, and I hope to complete this matter as soon as possible," the agency quoted central bank governor Abdel Nasser Hamati as saying. 
Proposals to delete four zeros from the currency have been on the table since 2008, but the idea gained strength as the riyal lost more than 60 percent of its value in 2018, despite its recent recovery with support from the central bank in defiance of US sanctions. 
The riyal was trading around 110,000 riyals to the dollar on the informal market on Sunday, according to currency websites.
US President Donald Trump imposed sanctions on Iran last year after withdrawing from a nuclear deal signed by world powers with Tehran in 2015. Washington has vowed to exert "maximum pressure" on Iran's economy to force Tehran to accept tougher restrictions on its nuclear and missile programs. Exclude it. 
The riyal's weakness disrupted Iran's foreign trade last year and helped push annual inflation up four-fold to about 40 percent in November. 
The weakness of the currency and inflation have led to sporadic street protests since late 2017. 
After obtaining approval from the government, the proposed currency plan will be presented to Parliament for approval and then approved by the Guardian Council for implementation.

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Iran's central bank plans to delete 4 zeroes from the currency

Editorial date: 2019/1/6 10:04  782 times read
Iran's central bank plans to delete 4 zeroes from the currency
(International: Al Furat News) A deputy in the Islamic Shura Council in Iran, (parliament) revealed the intention of the central bank in the country to delete four thousand of the Iranian currency.

"The governor of the Central Bank of Iran Abdul-Assad Hamati, announced that the liquidity of 1700 thousand billion Tuman lost 30 percent of its capacity due to inflation." 
He added that the governor of the bank confirmed that the bank plans to delete four zeros from the national currency and that he should take the initiative quickly and the banking system should be reformed. " 
Papai said to the meeting of the bloc held on Sunday in the presence of Central Bank Governor Abdul Nasser Hamti to discuss the status of the country's reserves Of hard currency and inflation in society. " 
He said that the governor of the bank pointed out at the meeting that the central bank in front of two important challenges are the hard currency and the national currency and at a time when the people suffer from the size of inflation, we find that the value of foreign currency tended to stability.
He said that Hamati also pointed out that the US president is forced to retreat daily after he claimed the collapse of the Iranian economy says today that the Iranian national currency is now besieged. 
"" The central bank governor announced that the government never plans to revalue the hard currency and we have to achieve better, " 
The governor said that the reason for the non-decline in the value of hard currency is due to the perception that the value of hard currency will increase again, noting that the road is open with China and South Korea on his way to deal with India while talking with Turkey in this area. " 
Haji Babai announced that Hemmati said he could not hold hopes too much on the European channel, but it should work on the claim ".anthy

 
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  • yota691 changed the title to Central Bank of Iran: We can not provide hard currency
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