Central Bank of the Islamic Republic of Iran

Central Bank of the Islamic Republic of Iran is Iran's central bank. It sets monetary policy, issues the IRR, and supports financial system stability.

It oversees payment systems, manages foreign reserves, and acts as lender of last resort to the banking system.

Related Terms

Central Bank

A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...

IRR

Iranian Rial

IRR is the official currency of Iran. It is issued by the Central Bank of the Islamic Republic of Ir...

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