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.
Iran’s judiciary has issued a halt to the prosecution of former governor of the Central Bank of Iran (CBI), Valiollah Seif, and former deputy governor for foreign exchange, Ahmad Araghchi, in a high-profile corruption case involving currency market manipulation.
In the face of sanctions and currency transfer restrictions, Iran's non-oil foreign trade volume has reached $117 billion in the past 11 months, marking an 11.2% growth compared to the same period last year.
The Iranian Ministry of Industry, Mine, and Trade announced that, according to customs statistics, Iran's non-oil trade reached over $117 billion in the first eleven months of the current Iranian year (March 20 to February 18), marking the highest level of non-oil exports in the past two years.
The Governor of the Central Bank of Iran, Mohammadreza Farzin, announced on Wednesday a significant increase in the country’s non-oil exports over the past 10 months.
Iran's non-oil exports have shown a significant increase, reaching $47.8 billion over the first ten months of the current fiscal year. That’s According to Iran’s Minister of Economy Abdolnasser Hemmati.
Iranian Foreign Minister Seyed Abbas Araghchi has announced that the comprehensive strategic partnership signed on Friday between Iran and Russia is primarily economic in nature.
A former deputy governor of the Central Bank of Iran has pointed out that China closed Iran's bank accounts due to Tehran's non-compliance with the Financial Action Task Force (FATF).
The value of Iran's foreign trade with the Eurasian Economic Union (EAEU) countries reached $2.7bn billion from the start of the Persian year (beginning on March 20, 2024), according to Foroud Asgari, the head of Iran's Customs Administration.
Governor of the Central Bank of Iran Mohammad Reza Farzin has announced that the digital Rial will begin operations soon. He also stressed that the development of modern banking is one of the central bank’s key ongoing goals.
Iran's Minister of Economic Affairs and Finance Abdolnasser Hemmati is set to travel to Saudi Arabia to attend the 28th annual meeting of the World Association of Investment Promotion Agencies (WAIPA) on Monday.
A former governor of Iran's Central Bank, underscored the potential benefits of Iran's compliance with the anti-money laundering Financial Action Task Force (FATF) standards, particularly in enhancing international banking transactions.
Iran's minister of economy has criticized the continued inclusion of Iran on the Financial Action Task Force (FATF) blacklist, arguing it unfairly labels the country as engaging in money laundering.
The Chabahar Free Zone Organization on the coast of Oman Sea in southeastern Iran, has signed four cooperation agreements with four Armenian economic actors, aimed at providing the necessary groundwork and conditions to facilitate, expedite, guide, and support investment in the region.
Iran's Customs Administration released a report on Monday detailing the country's foreign trade statistics for the first seven months of the current Iranian year.
The Iranian vice president for legal affairs says the Financial Action Task Force (FATF) is currently being reviewed by the ministry of economy and finance, following a directive by President Massoud Pezeshkian.
Iranian President Massoud Pezeshkian has called on the BRICS group of emerging economies to create interconnected economic and trade cooperation among its member states, involving both public and private sectors, emphasizing that these endeavours would resist the dominance of the US dollar in their exchanges.
Iranian President Massoud Pezeshkian has highlighted the importance of the BRICS summit that is underway in the Russian city of Kazan, saying the intergovernmental organization can strengthen ties between member states and beat back U.S. unilateralism.
Mohammad Reza Rezvanifar, the head of Iran's Customs Administration, announced that Iran's non-oil trade with 15 neighboring countries reached 50 million tons, valued at $32.6 billion, during the first half of the current year.
Iranian Vice President Mohammadreza Aref has been the subject of criticisms for saying on Sunday that importing gasoline price at high prices and selling it at heavily-subsidized prices is ‘unreasonable.’
China’s Ambassador to Tehran Cong Peiwu says the persisting problems for transactions between the Chinese and Iranian businesspeople are rooted in the Western, and specifically US, sanctions.
The Chairman of the Board of the Securities and Exchange Organization of Iran Majid Eshghi confirmed on Saturday he resigned from the post after a long period that the markets have been in the red, and days into a reported row over low-rate bank loans he received.
Iranian media is abuzz with controversy after it was revealed that senior members of the country's Securities and Exchange Organization (SEO) granted themselves loans totaling 10.5 billion tomans.
A massive cyberattack that hit Iran last month threatened the stability of its banking system and forced Tehran to agree to a ransom deal of millions of dollars, Politico reported citing people familiar with the case. The Islamic Republic has yet to respond to the claim.
