Iran’s Economy Recovering Balance after Coronavirus Shock: Top Banker
In an Instagram post on Monday, Abdolnasser Hemmati pointed to the statistics for Iran’s economic growth in the first quarter of the current Iranian...
Supplying Medicines Top Priority for Gov’t amid Sanctions: Iran President
The Iranian president says a top priority for the government is to provide medicines for people amid the tough economic situation caused by sanctions.
US Plot to Destabilize Iran’s Forex Market Failed: Central Bank Chief
Governor of the Central Bank of Iran says the relentless efforts of the US to destabilize Iran's foreign currency market have failed thanks to the Central Bank's measures.
Iranian Banks to Help Boost Crisis-Hit Tourism Industry
Iran’s Ministry of Tourism, Cultural Heritage, and Handicrafts has discussed closer cooperation with banks to further promote the tourism industry in the country.
Iran Filing Lawsuit against Korean Banks for Seizing Its Assets
Iran’s Ministry of Foreign Affairs says the country is filing lawsuits against “delinquent” South Korean banks which have seized Iran’s money.
Iran Blames Int’l Psy-War for Historic Devaluation of National Currency
Iranian President Hassan Rouhani says an international psychological warfare and an unrealistic anxiety among the people are the reasons for the recent fall in the value of Iran’s national currency, rial.
Iran after Release of Currency Assets Abroad: President
President of Iran Hassan Rouhani says diplomatic and economic officials have launched a push to free the country’s foreign currency assets in the other countries in order to reduce susceptibility to any currency market volatility.
Seoul’s Excuse to Freeze Iran’s Oil Revenues ‘Unacceptable’
The spokesperson for the Iranian administration has called on South Korea to unblock the petrodollars it owes to Iran, currently frozen in the Korean banks.
People Contributing to Economy by Trading Shares: Iran President
The Iranian president says the Tehran Stock Exchange has increased people’s contribution to the country's economy.
Parliament Imposes Fines on Taking Currency Out of Iran
The Iranian Parliament passed a law on Sunday according to which the plans to take foreign currency out of the country may be subject to forfeiture and will result in financial penalties.