Financial Tribune - Governor of the Central Bank of Iran says removing four zeros from the rial is one necessity of the monetary system and postponing it to the future will not help. Addressing the mounting skepticism surrounding the wisdom and viability of the government plan for redenomination of the rial under the present economic conditions,...

MNA In its latest report titled challenges of and solutions for economic prosperity in year 1398, Iran's Islamic Parliament Research Center underscores the vitality of making new mutual or multilateral monetary contracts with international trade partners for Iran to skirt SWIFT, which operates under full supervision of the US. Underscoring the ...

MNA Iranian lawmakers have rejected a bill proposed by the government to conclude monetary pacts with other countries to break the monopoly of the US dollar in foreign trades. The bill failed to obtain approval by the Parliament during todays open session with 69 votes in favor, 99 votes against and 11 abstentions by 206 lawmakers in attendance....

IRNA Iranian Foreign Minister Mohammad Javad Zarif says negotiations are "underway" with other countries over monetary agreements. And some compromises have been reached on the issue, Zarif said in a comment to Iran's foreign financial transactions. About Foreign Ministry's moves to breeze through the US anti-Iran sanctions, Zarif said an economic ...

Financial Tribune- Iran has signed memoranda of understanding and protocols pertaining to monetary agreements with 10 countries, the Central Bank of Irans head of Exports Department said. Addressing the First Conference on Financing Exports in Tehran on Sunday, Samad Karimi added that apart from finance and refinance deals, the bank has pursued ...

Financial Tribune- The government is unwilling to pull down the inflation further. Economy Minister Ali Tayyebnia said the government has reached the stiff core of the inflation and that it has become difficult to fight it. He argues that reducing the inflation rate to lower than 8% has never been the policy of President Hassan Rouhanis administration ...