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 Arrests Suspects behind Volatility of Exchange Market

Police in Tehran have shut down several currency exchange shops and arrested a number of money changers suspected of being behind a recent turmoil in exchange rates.
Unemployment Rate Down, Economic Growth Rate Up in Iran

Unemployment Rate Down, Economic Growth Rate Up in Iran

Mohammad Baqer Nobakht, the spokesman for the Iranian government, says the country's unemployment rate has decreased and economic growth rate has increased during the past Iranian fiscal year.

Iran’s Foreign Exchange, Gold Reserves More than US: CIA

A document released on the website of the US Central Intelligence Agency shows that the Islamic Republic outstrips the United States in terms of reserves of foreign exchange and gold.

Iran’s Forex Revenues Outstrip Expenses: President Rouhani

Iranian President Hassan Rouhani assured the nation that the country’s foreign exchange revenue far outstrips the spending, stressing that foreign exchange reserves will even grow in future.
Iran, Italy Sign €5 Billion Investment Deal

Iran, Italy Sign €5 Billion Investment Deal

Tehran and Rome on Thursday signed a framework credit agreement worth five billion euros whereby Italy will help its companies invest in Iran.
Russia's EXIAR to Provide 'Unlimited Funds' for Iranian Banks

Russia’s EXIAR to Provide ‘Unlimited Funds’ for Iranian Banks

Iran says four of its banks have signed an agreement with the Export Insurance Agency of Russia (EXIAR) to provide “unlimited funds” for development projects to be carried out by domestic and international contractors in the Islamic Republic. 
Iran's Parliament

Iran Parliament Okays $50bn in Financing for Next Year’s Budget Bill

Iranian parliamentarians have given the go-ahead to “financing” sources of income proposed by the government in next fiscal year’s budget bill.

UK to Pay £400m Debt to Iran in Coming Days: Envoy

Iran's ambassador to Britain says an outstanding debt owed by the UK to Tehran will be transferred to the Central Bank of Iran soon, in what will mark an end to the decades-long legal dispute between the two sides.
UAE Bank

UAE Bank Stops Offering Services to Iranian Tradesmen

A group of Iranian tradesmen say Emirates NBD, one of the largest banking groups in the Middle East in terms of assets, has stopped offering banking services to them.
dollars

Iranian Jewish MP Stresses Removal of US Dollar from Trade Deals

Siamak Moreh Sedgh, the representative of Iranian Jews at the Parliament, says the US dollar needs to be removed from Iran’s business transactions in a bid to put an end to the US monopoly.

Today Front Pages

Ads