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.

economy

MP Calls for Use of IFRS to Boost Foreign Investment in Iran

An Iranian MP has emphasised the need to use the international accounting standards in order to attract foreign investors to Iran.
world bank

World Bank Says Iran’s Foreign Debts Have Decreased by 64%

The World Bank says Iran’s foreign debts have significantly dropped since 2011 when the country faced a series of US-led sanctions.
Saeed Laylaz

Economic Analyst Explains Why Iran Didn’t Turn into a Second Venezuela

An Iranian analyst has explained why Iran’s economy found its way to growth during the past years while the Venezuelan economy ended in meltdown in spite of having better economic conditions.
Rouhani

Increasing Dollar Rates in Iran Provoke Criticism

The runaway dollar has sparked serious concerns in Iran over what many believe could eventually prove costly for a country which has been planning for months to reap the benefits of the removal of the sanctions.
Dollars

Iranian Banks Authorized to Sell Dollars at Free Rates

The Central Bank of Iran (CBI) says it has authorized banks to deal in foreign exchange trading at a free-market rate – a move which is expected to help control the rising rates of the dollar.
Credit Carts

Iranians Will Be Able to Use Their Debit Cards in Other Countries

An Iranian official says the country’s debit cards will be connected to global banks in the coming months.
148110596746524100-1

Iran’s Official Currency to Be Changed from Rial to Toman

Iran’s government has approved a bill to change the country’s official currency from Rial to Toman (1 toman equals 10 rials).
Valiollah Seif

CBI Chief Urges Closer Banking Cooperation between Iran, Afghanistan

Governor of Central Bank of Iran (CBI) Valiollah Seif called for efforts to boost banking cooperation between the Islamic Republic and neighboring Afghanistan.
Iran to Join FATF

Washington’s Anti-Iran Efforts Are Because US Doesn’t See Itself Beneficiary

Iran says efforts by countries to expand post-sanctions trade ties with it are being hampered by the United States because Washington does not see itself as a beneficiary of the re-opening of the Iranian business environment.
Valiollah Seif

Iran Ready to Boost Banking Ties with Singapore: CBI Chief

Governor of Central Bank of Iran (CBI) Valiollah Seif, who is on an official visit to Singapore, voiced the Islamic Republic’s readiness to boost banking cooperation with the Southeast Asian country.

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