Central Bank of Iran

The Central Bank of Iran, also known as Bank Markazi, officially the Central Bank of the Islamic Republic of Iran is the central bank of Iran.

Established under the Iranian Banking and Monetary Act in 1960, it serves as the banker to the Iranian government and has the exclusive right of issuing banknote and coinage. CBI is tasked with maintaining the value of Iranian rial and supervision of banks and credit institutions. It acts as custodian of the National Jewels, as well as foreign exchange and gold reserves of Iran. It is also a founding member of the Asian Clearing Union, controls gold and capital flows overseas, represents Iran in the International Monetary Fund and internationally concludes payment agreements between Iran and other countries.The website of the Islamic Republic of Iran was shut down on September 21, 2022 by the hacker group "Anonymous" in the form of a DDoS-Attack and is not accessible. The reason is a protest due to the death of Mahsa Amin.