Central Bank of the Islamic Republic of Iran
From Taighde
The Central Bank of Iran (CBI) was established in 1960 to design and implement monetary and credit policies within the greater economic policy of Iran.
Leadership
The Board of Governors for the CBI consists of:
- Mahmud Bahmani, Governor
- Hossein Ghazavi, Deputy Governor
- Yadollah Asna Ashari, Vice Governor for Administrative & Training Affairs
- Ramin Pashaei Fam, Vice Governor for Economic Affairs
- Reza Raei, Vice Governor for Foreign Exchange Affairs
- Heidar Mostakhdemin Hosseini, Vice Governor for Legal and Parliament Affairs
Responsibilities
The CBI's stated objectives are:
- Maintaining the value of the national currency
- Maintaining a balance of payments
- Facilitating trade-related transactions
- Improving the growth potential of the country
To meet these objectives, the CBI is charged with the:
- Issuance of notes and coins
- Supervision of banks and credit institutions
- Formulation and regulation of foreign exchange policies and transactions
- Regulation on gold transactions
- Formulation and regulation on transactions and inflow/outflow of Domestic currency
