Finance

News and opinion on the banking and finance sectors domestically and abroad. It includes national-level policy-making, the Central Bank of Iran, the stock exchange, as well as private actors in the field.

Iran and Switzerland Hold Financial Talks in Bern

Iran and Switzerland held a first round of financial talks in Bern and explored grounds for cooperation by presenting reports on their respective financial and banking activities and monitoring systems.

Committee Considering Ways to Reclaim Iran’s Assets Seized by US

Iran’s administration has set up a committee to take a series of legal and political measures to restore the Central Bank of Iran’s assets, seized by Washington according to a US court order, a Foreign Ministry spokesman said Monday.

German Firms Dissatisfied with Merkel’s Stance on Iran

German businesspeople seem to be dissatisfied with German Chancellor Angela Merkel’s hard line on Iran because of Tehran’s anti-Israel stances, and expect Vice-Chancellor Sigmar Gabriel to enhance mutual cooperation with Iran in his Monday visit.

UN Says Open to Help Resolve Iran-US Assets Dispute

The United Nations on Friday suggested it would be willing to assist in a dispute between Tehran and Washington after Iran requested UN help in convincing the United States to stop what the Islamic Republic says are violations of state immunity.
Zarif

Zarif Sends Official Letter to UN Chief over US Asset Seizure: Full Text

Iranian Foreign Minister Mohammad Javad Zarif sent a letter to the United Nations Secretary General Ban Ki-moon, stressing that Tehran will take whatever action to get back the Central Bank of Iran’s assets that the US has recently seized under a court ruling.

Leader: US Deception Hindering Iran Trade

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says the US has resorted to “deception” to obstruct international trade with Iran despite a nuclear agreement.

US Seizure of Iran’s Assets is “Blatant Theft”: President Rouhani

Iranian President Hassan Rouhani lashed out at a recent US court ruling to confiscate nearly $2bn of Iran’s property, calling it a clear example of theft and a big legal scandal, and stressing that no one can encroach upon the rights of the Iranian nation.

Iran’s Foreign Exchange Reserves Soar: IMF

The International Monetary Fund (IMF) has pointed to a significant rise in Iran’s foreign exchange reserves.

Velayati Raps US Supreme Court Ruling to Seize Iran’s Assets

Head of the Strategic Research Center of Iran’s Expediency Council, Ali Akbar Velayati, criticized the US decision to seize nearly $2bn of the Central Bank of Iran’s assets in an American bank, describing the move as an indication of Washington’s “bullying” approach.

Iran’s President Forms Committee to Reclaim Money Seized by US

Iranian President Hassan Rouhani has set up a committee to find a way to restore the Central Bank of Iran’s assets, seized by Washington according to a US court order, an Iranian diplomat announced.

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