Iran, Oman Move to Facilitate Financial Transactions
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati and Oman’s Minister of Commerce and Industry have weighed a plan to facilitate financial transactions between the two Muslim neighbours.
Iran Welcomes More EU States Joining INSTEX
Iran's Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi has hailed the reports that six other European countries are joining the special financial mechanism known as INSTEX, saying that Tehran hopes the move will give new energy to the mechanism and make it operational.
Iran Reveals Details of $5 Billion Loan from Russia
Iran’s energy minister says the country has already received a $2.2-billion loan from Russia and the remaining $2.8 billion would be paid to Iran in the next month.
FATF Bills: In the Interest or to the Detriment of Iran?
A senior Iranian economic activist believes that the approval of the bills proposed by the Iranian government to adopt the standards set by the global anti-money laundering watchdog FATF can be very useful in the current situation.
Top Banker Refutes US Claims, Says Iran’s Exports Growing
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati has dismissed the US officials’ claim that sanctions have greatly diminished Iran’s oil exports, saying the Islamic Republic is boosting exports and its foreign trade is thriving despite the sanctions.
FATF Ultimatum to Iran Politically-Motivated: FM Zarif
Iranian Foreign Minister Mohammad Javad Zarif deplored a recent decision by the Financial Action Task Force (FATF), a global anti-money-laundering watchdog, to increase pressures on the Islamic Republic, describing it as a “politically-motivated” move.
FATF Extends Suspension of Anti-Iran Measures for Last Time
The Paris-based Financial Action Task Force (FATF) has given Iran a final deadline of February 2020 to tighten its rules against money laundering in compliance with the global watchdog’s financial standards.
Iran Prefers Using National Currency in Trade with Neighbours: Minister
Iran’s Minister of Industry, Mine and Trade says the government's policy is to use national currency in business with friendly and neighbouring countries.
Zarif Raps US Sanctions on Central Bank as War Crime
Iran’s foreign minister has dismissed the recent sanctions on the Central Bank of Iran (CBI) as a war crime and instance of economic terrorism.
Iranian Currency Regains 40% of Lost Value: Top Banker
Governor of Central bank of Iran says the national Iranian currency, rial, has regained its value by 40 percent against the US dollar over the past year.
