Iranian legislators have passed a bill that gives the government the green light to join an international convention on fighting the sponsoring of terrorism.
Governor of the Central Bank of Iran Abdolnasser Hemmati says Tehran and Moscow are seeking to carry out transactions using their national currencies, gradually ditching dollar and other currencies in their trade relations.
Huge crowds of people are seen in viral photos and videos flocking to foreign currency markets on Monday night to sell their US dollars as its rate went on a downhill spiral and experienced a historic plunge of over 20 percent in a few hours.
A crowd of conservatives gathered in front of the Iranian parliament on Sunday to protest against a bill on Iran’s accession to Combating the Financing of Terrorism (CFT) convention, which is to be put to a vote in the parliament this week.
Iran’s Parliament speaker says two parliamentary bills required for Iran’s accession to the global anti-money laundering body FATF have been unanimously ratified by the Parliament after being rejected by the Guardian Council, and will soon be put to vote at the country’s Expediency Council.
The Iranian Foreign Ministry has released a statement to answer a number of frequently asked questions and concerns regarding the Islamic Republic of Iran’s engagement with the Financial Action Task Force (FATF).
A Turkish business official says Iran and Turkey could move to create a joint bank to facilitate economic cooperation, saying it would help the two countries achieve a $30 billion target for bilateral trade.
A report by the Iranian government says the US state and treasury departments, along with the country’s intelligence bodies, have started concerted efforts to manipulate Iran’s currency market.
The governor of Iran’s Central Bank Abdolnasser Hemmati says the foreign exchange offices are now allowed to import foreign currency notes to the country.
The Iranian parliament is to review a bill on Iran’s accession to Combating the Financing of Terrorism (CFT), which was earlier proposed by the government as part of measures to adopt the standards set by the Financial Action Task Force (FTAF).