Finance

President Hassan Rouhani says Iran cannot trust Americans when it comes to the transfer of money to purchase coronavirus vaccines as they are notorious for "stealing" Iran's funds.

The governor of the Central Bank of Iran says the problem of procuring the coronavirus vaccine has been solved.

Iran says the Instrument in Support of Trade Exchanges (INSTEX), the financial mechanism proposed by Europeans to enable Iran to get round US sanctions, has failed to prove itself effective in the past two years.

Tehran has called on Ankara to find a way for Iran to tap into its assets with Turkish banks to purchase the commodities it needs directly from other countries through Turkish banks.

Spokesman for the Iranian Administration Ali Rabiei says ratification of the remaining bills regarding the Financial Action Task Force requirements will take the country out of the FATF blacklist and help it have access to financial resources and avoid futile international challenges.

Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei has approved the administration’s proposal for the extension of a process that authorizes the Expediency Council to review the remaining bills prepared by the government to take Iran out of the Financial Action Task Force (FATF) blacklist.

Iran’s president says the world should know that the country will sell its oil next year.

Abdolnasser Hemmati, the Governor of the Central Bank of Iran (CBI), says Iran has tried to purchase COVID-19 vaccine from other countries, but the US sanctions have prevented financial transactions for the sale.

A senior Iranian official says Tehran has adopted measures to secure its financial and monetary claims from foreign countries.

An official at the Central Bank of Iran (CBI) has dismissed reports about a formal verdict being delivered against Iranian banks in Bahrain, saying any such ruling would lack legal credibility.

The Iranian government spokesman says efforts are being made to bring back Iranian foreign currency assets deposited at banks of other countries.

Iranian President Hassan Rouhani has called on Tehran’s trade partners to fulfil their legal and ethical commitments towards the Islamic Republic.

Governor of the Central Bank of Iran says his negotiations with the Iraqi officials have yielded "positive" results, and the Arab country has given its approval to the release of Iran’s frozen assets for the purchase of basic commodities.

The governor of the Central Bank of Iran (CBI) says the United States’ new sanctions mostly aim to serve Washington’s propagandist-political objectives.

Iran’s Foreign Minister Mohammad Javad Zarif says the Iranian people will survive the latest round of sanctions imposed by the US against Iranian banks, and those who block the Iranian people’s money will eventually face justice.

An Ecommerce business has overwhelmed digital marketing by providing online selling services to customers. Technology offers facilities to the customers to get anything by using the internet.

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...

The Iranian president says a top priority for the government is to provide medicines for people amid the tough economic situation caused by sanctions.

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.

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’s Ministry of Foreign Affairs says the country is filing lawsuits against “delinquent” South Korean banks which have seized Iran’s money.

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.

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.

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.

The Iranian president says the Tehran Stock Exchange has increased people’s contribution to the country's economy.