Learn more

By bne Tehran bureau Speculation is mounting that there may soon be a change in the leadership of its Central Bank of Iran due to increasing friction between the bank’s governor, Mohammadreza Farzin, and his predecessor, who now heads a top position in the Pezeshkian cabinet. Under Iranian law, the governor of the Central Bank is nominated by the economy minister and appointed by the President. President Masoud Pezeshkian appears to be among the few presidents in Iran who have opted not to replace the CBI initially, likely out of respect for the independence that the regulatory body aims to ac…

cuu