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Thursday, June 20, 2013 02:31
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Mahmoud Bahmani

Iran’s inflation called result of ‘economic war’

Iran’s inflation rate will rise to 31 percent by the end of March, according to the head of Iran’s Central Bank. » read more

Court says Central Bank chief got dismissal notice

Iran’s Court of Audit announced that Mahmoud Bahmani, the head of the Central Bank, has been given notice of dismissal in connection with issues concerning foreign currencies. » read more

Iranian Parliament approves probe of Central Bank

Iranian Parliament has passed a motion to investigate the actions of the Central Bank in connection with its management of the foreign currency market and the devaluation of the national currency. » read more

Sanctions no less than military war: Central Bank chief

The head of Iran’s Central Bank, Mahmoud Bahmani, says: “Sanctions mean nothing short of military war, and we need to begin a series of irregular economic war policies.” » read more

Iranian currency in freefall

Iran’s currency has experienced another steep fall against the U.S. dollar, with each dollar buying more than 20,000 rials. » read more