Hemmati underscores need for rial revaluation
Financial Tribune – Governor of the Central Bank of Iran says removing four zeros from the rial is one necessity of the…
Financial Tribune – Governor of the Central Bank of Iran says removing four zeros from the rial is one necessity of the…
Radio Farda – Iran’s battered currency took another significant dive on Sunday against major currencies, breaching the 150,000 rial to the dollar…
MNA – In April 2018, the Central Bank of Iran banned domestic banks and people from dealing in foreign cryptocurrency because of…
MNA – Minister of Industry, Mine and Trade Reza Rahmani said that role of Iranian ‘rial’ would be strengthened in financial exchanges…
IRNA – Iran’s decision to slash four zeros from its currency will improve the economic situation in the country and gain more…
Bloomberg – Iran’s reshuffled economics team is trying a new tactic to defend the rial against U.S. sanctions — ordering exporters to…
Tasnim – The central banks of Iran and Iraq are finalizing negotiations to begin trade in their own currencies, chairman of Iran-Iraq…
MNA – The Iranian Oil Minister Bijan Namdar Zanganeh said Sun. that oil will probably be offered via stock exchange in Iranian…
Al-Monitor | Navid Kalhor: The money supply in the Iranian economy exceeds $355 billion at the official exchange rate, remarkably surpassing total economic output of $331…
Bloomberg | Golnar Motevalli: The Iranian rial hit a record low against the U.S. dollar for the second time in two months…
Bloomberg | Ladane Nasseri and Golnar Motevalli: Iranian authorities closed almost a dozen currency-exchange offices and arrested traders, part of an effort to…
Al-Monitor | Bijan Khajehpour: A recent devaluation of the rial on the so-called free market in Iran has raised concerns that the…
MNA – Central Bank Governor Valiollah Seif has said dropping few zeros from banknotes will be possible only after 2 years. Mr.…
Financial Tribune- The end of the current Iranian year in March will bring about an end to currency fluctuations plaguing the market,…
Russian banks are welcome in Iran, where the Russian-Iranian Chamber of Commerce is actively working on opening a joint Russian-Iranian bank, Bahram…
Jan 27 (Reuters) – Russia and Iran plan to create a mutual account for bilateral payments in national currencies, RIA news agency…
Iran has sent a high-level delegation, led by top official Ali Shamkhani, to Damascus for talks with Syria’s President Assad. Shamkhani has…
The Iranian currency appreciated in unregulated trading after the central bank canceled its fixed, subsidized rate for the dollar. The rial strengthened…
Iran news headlines on Sunday include rising of Iranian rial currency; country navy commander dismissal of Israel’s growing war rhetoric against Iran as insignificant; inscription…
AFP – The Iranian rial has strengthened by more than 15 percent against the dollar since the victory of moderate Hassan Rowhani who…
Iran news headlines on Thursday include rising of Iranian rial currency by nearly 10 percent; Mohammad Khatami reamrks over giving Rowhani more time…
(Reuters) – The Iranian currency, the rial, rose further on Thursday on hopes the country’s deep economic crisis could ease under its…
The Iranian rial, whose plunge triggered an inflation crisis, is gaining in the unregulated market after President-elect Hassan Rohani said he would…
(Reuters) – The Iranian property developer leant back in his chair, drew hard on a shisha pipe and looked down at photographs…
Iran’s currency suffered another steep drop after the nuclear talks in Almaty failed to achieve any palpable results. Reports from Iran indicate…
(Reuters) – The Iranian currency jumped about 9 percent against the U.S. dollar because of apparent government intervention and a positive tone…
Four months after the collapse of the rial earlier this fall, Iran’s economy is still reeling from its effects. The rial lost…
TEHRAN — Iran’s currency plummeted to an all-time low on Saturday, registering a more than 21-percent drop in a span of two…
Jan 22 (Reuters) – The Iranian rial has dropped sharply on the open market since Sunday on speculation the head of the…
Iran’s currency fell 8 per cent on Monday amid confusion over the fate of Iran’s central bank governor. Iran’s domestic media reported…