Central Bank of the Islamic Republic of Iran

Established in 1960, the Central Bank of the Islamic Republic of Iran (CBI) serves as the nation's principal monetary and banking authority. Its primary mission is to maintain the value of the national currency (the Iranian Rial), ensure the stability of the economy, and facilitate trade transactions. Key responsibilities include implementing monetary and credit policies, issuing currency, supervising banks and credit institutions, managing foreign exchange reserves, and acting as the banker to the government. The CBI plays a crucial role in regulating the country's financial landscape and contributing to its economic growth objectives.