Iran’s coverage: Iran’s central bank proposes slashing 4 zeros from currency

Daily look at Iran’s late-breaking news and upcoming events:


CBI seeks to slice four zeros off currency: Hemmati

The Central Bank of Iran (CBI) is looking to take four zeros off the national currency in a bid to curb the rising tide of liquidity and help the rial regain part of its lost value, an MP quoted the CBI governor as saying on Sunday.

Iran holds Europe responsible for not implementing SPV

The Spokesman of Iranian Foreign Ministry Bahram Ghasemi says that Iran will definitely hold Europe accountable for not putting the special financial mechanism into force.


Iran, Russia navies prepare for joint naval wargames: Iran navy cmdr.

Commander of Iranian Navy Rear Admiral Hossein Khanzadi announced that the naval forces of Iran and Russia have begun preparing for the tactical, relief and rescue and anti-piracy war games to be operated in the near future.


Defense Minister: Enemies in weak position in light of Iran’s deterrence

Iran has enhanced its deterrent capabilities to such an extent that the enemies have found themselves in a position of weakness, Iranian Defense Minister Brigadier General Amir Hatami said.


Iran oil exports at sufficient level: Veep

The Iranian First Vice President said that the United States was trying to choke up Iran’s oil exports as the main source of revenue for the country, but, “fortunately we have so far been able to sell oil as much as we needed and have collected its revenues.”


Iran FM to visit Kurdistan Region of Iraq

Iran’s Foreign Minister, Mohammad Javad Zarif will soon stop in the Kurdistan Region during a trip to Iraq that is aimed at boosting economic ties.


Iran to decide on CFT, Palermo bills within month: MP

A senior Iranian lawmaker said on Sunday that the case of Convention against Financing of Terrorism (CFT) is slated to be closed in the Iranian parliament next week.


Pakistani Peace, Friendship Fleet docks in Bandar Abbas

Pakistani Peace and Friendship fleet comprising Kheyber flagship destroyer, Coast Guard Job, Logistic ship of Madadgar and Rahnavard training ship docked in the 1st zone of Naval Force of the Iranian Army.


Deputy FM: Iran not to forget Taliban’s past crimes

Iranian Deputy Foreign Minister Seyed Abbas Araqchi stressed that despite playing a mediatory role in peace talks between the Afghan government and the Taliban, Tehran can never forget the killing of its diplomats by the group in Mazar-i Sharif in 1998.


Iran Majlis bans advertising foreign products

Lawmakers voted Sunday to ban carrying advertisement for foreign products which have similar Iranian models.