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Economy

Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.

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Iran Capable of Producing Quality Goods despite Sanctions: Leader

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has hailed Iranian producers and workers for their being able to produce high-quality products despite international pressure and sanctions on the Islamic Republic of Iran.

Unification of Forex Rates Pre-Emptive Response to US Plot: Iran

Iranian President Hassan Rouhani has defended his government’s plan to unify official and free market exchange rates for the Iranian currency rial against the US dollar, saying it foiled a plot hatched by Washington to foment economic instability in Iran.

Iran Officially Replaces US Dollar with Euro in Int’l Transactions

The Iranian government has decided to replace the US dollar with euro in its international transactions in a move to prevent the greenback’s fluctuations from negatively affecting the Iranian economy.

China Still Iran’s Top Business Partner

Islamic Republic of Iran Customs Administration's latest report shows China remains Iran’s top trading partner.

Iran Leader Hails Idea of Replacing Dollar with Euro in Int’l Transactions

The Governor of Iran’s Central Bank Valiollah Seif says the government eyes replacing the US dollar with the euro in its international transactions and the idea has been welcomed by the Leader Ayatollah Khamenei.

Iran FM Meets Brazilian President before Departing for Uruguay

Iran’s Foreign Minister Mohammad Javad Zarif, at the end of his visit to Brasilia, held a meeting with Brazilian President Michel Temer before leaving the country for Montevideo.

Iran, Brazil Sign MoUs to Expand Mutual Cooperation

Iran’s Foreign Minister Mohammad Javad Zarif and his Brazilian counterpart Aloysio Nunes have inked several documents of cooperation in the South American state’s capital.

FM Zarif Urges Removal of Banking Problems in Iran-Brazil Ties

Iran’s Foreign Minister says the lack of banking relations between Tehran and Brasilia is one of the major obstacles to the development of mutual ties, stressing that a solution must be found for the problem.

Iran to Boost Cooperation with Russia on National Projects: Larijani

Iran’s Parliament Speaker Ali Larijani says cooperation between Tehran and Moscow will be developed to implement major national and provincial projects.

Iran Resolved to Boost Business Ties with Developing Countries

Iranian Foreign Ministry Spokesman Bahram Qassemi says Foreign Minister Mohammad Javad Zarif’s ongoing visit to Africa and his later trips to South America are aimed at enhancing Tehran’s business relations with developing countries.

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