All News about Iranian Economy – Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.
Dozens of Iranian economists, in an open letter addressed to the government, have expressed concern about the current social and economic situation in the country saying public worries about their livelihoods and businesses have reached a point of explosion.
Iran’s police say they have arrested 31 principals pulling the string of futures foreign currency and gold trade, as the Iranian rial’s exchange rate against the US dollar hits historical lows, driving a gold price surge.
Iran has delivered another oil tanker to Venezuela during a ceremony in which the presidents of the two countries participated from Tehran via video conference. The delivery ceremony was held in the Persian Gulf.
Iranian Trade Minister says the value of bilateral trade between Iran and Nigeria has witnessed a 300% growth over the last 9 months of the past Persian Calendar year (ended on March 20).
Iran’s oil ministry says the government has managed to avoid imprest funding from the central bank in the first months of the Iranian calendar year (starting from March 21) for the first time in the past years, thanks to an increase in oil export revenues.
An Iranian delegation has traveled to Afghanistan’s eastern Khost Province for talks with Afghan officials to step up trade ties between the two neighboring countries.
Tehran and Moscow have discussed ways of tackling money laundering amid joint efforts between the two countries to minimize the impacts of foreign sanctions on their banking and financial sectors.
Figures released by Iran’s customs organization show that non-oil exports by the country leaped by 30 percent in the first two months of the Persian year of 1401.
China says its imports from Iran rose by 25 percent in the first four months of 2022, compared to the similar period last year, as the two strategic partners speed up economic cooperation.
An Iranian official says the value of trade with Tajikistan witnessed a 463-percent rise in the past Persian calendar year, expressing hope for a further boost to economic cooperation between the two nations that have many commonalities in different spheres.
A spokesman for the Iranian oil ministry says oil revenues earned by the country have increased by more than 60% in April and May compared to the same period last year.
Iran’s Trade Promotion Organization says Iranian businesspeople have held talks with 75 Germany companies to expand economic ties between the two countries. The organization said the negotiations resulted in the signing of a number of agreements.
Forecasts suggest that the value of exports from the Islamic Republic of Iran to the Kingdom of Oman can be at least doubled and at most increased five-fold within 5 years. It is estimated that Iran can raise the value of direct and indirect imports from Oman to $1 billion during that time.
The Iranian government’s economic coordination headquarters has issued necessary licenses to facilitate imports of basic goods, particularly wheat, by the private sector.
Russian deputy prime minister says trade between Tehran and Moscow boosted by 81 percent last year and added the two sides need to further increase their ties to withstand the geopolitical changes.
Iran’s Minister of Industry, Mine and Trade Seyed Reza Fatemi-Amin, in a meeting with Deputy Prime Minister and Minister of Trade and Integration of Kazakhstan, Bakhyt Sultanov, described joint ventures as a strategic way to deepen economic relations between the two countries.
The Iranian foreign minister has called for the increase in trade ties between the Islamic republic and Bulgaria. Hossein Amir Abdollahian, raised the issue in a meeting with Ms. Velislava Petrova, Bulgaria’s Deputy Foreign Minister in Tehran on Sunday.
