Economy

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

Calm Restored to Bazaar of Tehran after “Guild-Related” Protests

The Secretary general of the Islamic Society of Tehran Guilds and Bazaar says calm has returned to the Grand Bazaar of Tehran after a few hours of guild-related protests earlier today.

Iran Ready to Launch Joint Iranian-Syrian Bank

Governor of the Central Bank of Iran Valiollah Seif says Tehran is keen and prepared to launch a joint bank with Syria as part of its policy of expanding business ties with Damascus.

Iran Vows to Stand by Syria during Reconstruction Era

Es’haq Jahangiri, Iran’s First Vice President, says the Islamic Republic will continue to stand by the Syrian government and nation during their reconstruction era.

French Firms Can’t Stay in Iran, Minister Says

France’s finance minister says Europe has to build independent financial institutions immunized from US penalties which are making business in Iran impossible for European companies.

Iran’s Exports to US Increase by 450 Percent

New figures reveal that the volume and value of Iran’s exports to the US has increased by 450 percent and 333 percent respectively.

Enemy Plotting to Exert Economic Pressure to Disappoint Iranians: Leader

The Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei says the enemies’ major conspiracy is to put Iranian people under economic pressure to frustrate them.

MP Calls for Punishment of Foreign Firms Leaving Iran

A member of Iranian Parliament Economic Commission says the foreign companies which have decided to leave Iran in the wake of the US withdrawal from the Iran nuclear deal should be punished.

Iran President Issues Orders to Push Down Soaring Prices

Iran’s President Hassan Rouhani has ordered relevant organizations to adopt appropriate measures to push down the soaring prices of goods in the country.

IRGC’s Construction Base Ready to Work with Foreign Investors

The commander of Khatam al-Anbia Construction Base says the IRGC-affiliated conglomerate is prepared to work with foreign investors who are willing to fund Iranian construction projects.

Iran, China to Use National Currencies in Trade Transactions

The Iranian minister of finance and economic affairs says Iran and China have agreed to use the national currencies of both countries in their trade transactions.

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