Iranian economic corruptor death sentence approved
IRNA – Iran’s judiciary spokesman announced that the death sentence of Hamid Baqeri Darmani was approved by the Supreme Court for bribery…
Tag Archives: Iran’s currency crisis
Iran Supreme Leader urges currency boost: central bank
Reuters – Iran’s Supreme Leader Ayatollah Ali Khamenei has “ordered” the central bank to boost the value of rial, the bank’s governor…
Iran’s SEO says ready to launch currency futures
Financial Tribune – Head of the Securities and Exchange Organization said the SEO is willing to launch a market for currency futures…
Why Iran’s currency repatriation rules threaten rising exports
Al-Monitor | Maziar Motamedi: When the administration of President Hassan Rouhani fixed the exchange rate of the Iranian rial against the US…
Tehran: Gold coin slips in tandem with currency rates
Financial Tribune – Gold prices in Tehran fell 10% during the week to November 29 following the drop in foreign exchange rates.…
Iran Central Bank chief says foreign currencies’ prices to decline further
MNA – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said Wed. that the declining trend of the foreign currencies’…
Iran’s rial rebounds but problems far from over
Press TV – The Iranian rial is gaining some respite from its record losses against the dollar after the country had to…
Iran Currency Market: Rial firms as forex power diminishes
Financial Tribune – Foreign exchange rates are of the declining order in the final days of November thanks to a stronger presence…
The app destroying Iran’s currency
Foreign Policy | ROHOLLAH FAGHIHI: Iranians are using the messaging app Telegram to spread fake news about the rial—and make a profit…
Iran’s currency repatriation rules revised
Financial Tribune – Iran’s central bank has communicated the details of the latest currency repatriation rules that oblige all exporters to repatriate…
Iran: Stocks nosedive as national currency gains
Financial Tribune – Another reason for the selloff was said to be Saturday’s initial public offering of Gohar Zamin iron Ore Company…
Smuggling surges as US sanctions hit Iranian rial
Al-Monitor | Bijan Khajehpour: The foreign exchange policies that have emerged in Iran in the aftermath of the sudden devaluation of the…
Iran turns to tourism to earn hard currency, create jobs
Al-Monitor | Maziar Motamedi: As another round of broad US sanctions against Iran is set to be implemented, the Islamic Republic is…
CBI: No currency shortage for aviation firms
IRNA – Central Bank of Iran (CBI) on Wednesday dismissed claims on currency shortage for aviation companies, and said supplying currency has…
Trial of 5 economic disrupters commence
IRNA – The first open trial session of five economic disrupters accused of disturbing the foreign currency system of the country began…
Forex rates gain in Tehran market
Financial Tribune – Foreign exchange rates gained on the Tehran currency market on Sunday for the first time after a period of…
Auto repair costs in Iran not for the fainthearted
Financial Tribune – Prices of auto parts have more than tripled since March thanks to the unprecedented increase in currency rates and…
20 foreign currency dealers arrested in Iran
Azer News – Around 20 foreign currency dealers have been arrested in Iran, Tehran prosecutor Abbas Jafari-Dolatabadi said. He said that with…
196 suspects detained over foreign currency crimes
MNA – The spokesman of Iran’s judiciary Gholamhossein Mohseni-Eje’i announced that 196 suspects have been detained in the capital city of Tehran…
Iran maneuvers to win back public trust in the rial
Al-Monitor | Maziar Motamedi : After months of a drastic and ongoing depreciation, the Iranian rial started recouping losses last week, mostly…
Why declining outbound tourism can be a good thing for Iran
Financial Tribune – As currency fluctuations continue to batter Iran’s economy and increase travel costs, the number of Iranians visiting other countries…
Iran’s housing sector rocked by currency crisis
Financial Tribune – After enjoying a short period of growth on the back of stable outlooks and government support, Iran’s housing and…
How Iran’s quasi-state firms intensify currency crisis
Al-Monitor | Saeed Jalili: While many observers ascribe the weakening of the Iranian rial in recent months to the psychological impact of…
Consumer prices dropping in Iran as currency regains value
Al-Monitor – With Iran’s national currency getting back on its feet in a fast-track trend that started this week, consumer prices in…
Jahangiri told Parl.: Dollar-to-rial rate falling
MNA – The Iranian first vice-president Es’hagh Jahangiri assured the MPs that the decreasing trend in currency rate will continue, said Shahbaz…
Iranians mob money changers to sell dollars as rial jumps
Al-Monitor – After months of steep falls in value, the Iranian rial enjoyed a massive rebound Oct. 1-2, rallying 30% against foreign…
A Look at Iranian Newspaper Front Pages on October 3
Iran Front Page – IFP has taken a look at the front pages of Iranian newspapers on Wednesday, October 3, 2018, and…
Turkey detains over 200 people for ‘illicit money transfers’
Al Jazeera – Turkish police have detained over 200 people in a major nationwide crackdown on illicit money transfers to individuals of…
How the Rouhani administration can contain excess liquidity
Al-Monitor | Navid Kalhor: Inflation is quickly rising in Iran on the back of a continuous and uncontrollable growth of liquidity. Two…
Iran’s coverage: Iran not to sit for talks with ‘unreliable’ US: FM
Daily look at Iran’s late-breaking news and upcoming events: We can’t start all over again with US: FM Zarif Iranian Foreign…
Photos: Tehran exchange market today
ISNA | Hamid Amlashi: Today, Iranian national currency the rial regained some of its previously lost value after the Central Bank of…
A Look at Iranian Newspaper Front Pages on October 2
Iran Front Page – IFP has taken a look at the front pages of Iranian newspapers on Tuesday, October 2, 2018, and…
Jahangiri apologizes to Iranians over problems as rial firms
Press TV – Vice President Es’haq Jahangiri has apologized to Iranians over economic problems in the face of US sanctions, assuring that…
Minister: gold coin, dollar rate to drop
MNA – Interior Minister Abdolreza Rahmani Fazli said on Tuesday effective decisions have been made to alleviate the foreign currency and gold…
Iranians selling their greenbacks overnight as Rial regains lost value
IFP – Huge crowds of people are seen in viral photos and videos flocking to foreign currency markets on Monday night to…
Smartphone insurance gaining traction in Iran
Financial Tribune – With each passing week and month prices of mobile phones keep climbing in Iran and many other countries. The…
Iran’s CB: New route to help meet currency needs
Financial Tribune – Plans are underway for eleven agent banks to sell foreign currency to non-commercial, everyday purposes as part of a…
Iranian official announces new packages for regulating currency market
Tasnim – Head of Iran’s Plan and Budget Organization said the administration is going to implement five new packages of measures to…
Iran sentences three to death for economic crimes: state TV
Reuters – Special courts set up in a drive against financial crime have sentenced three people to death, state television reported on…
Official blames enemies for upsetting Iran’s currency market
Tasnim – The Iranian presidential office’s chief of staff highlighted the role of the US, Saudi Arabia and the United Arab Emirates…