Latest Financial News in Iran – News and opinion on the banking and finance sectors domestically and abroad. It includes national-level policy-making, the Central Bank of Iran, the stock exchange, as well as private actors in the field.
The Islamic Republic of Iran’s administration has issued a statement about the Financial Action Task Force’s recent decision to put the country on its blacklist.
Iran President’s Chief of Staff Mahmoud Vaezi says the government has taken measures that are expected to reduce the impact of the FATF blacklisting of the Islamic Republic on the country.
An Iranian official says the import of the novel coronavirus diagnostic test kits has been hindered by the foreign sanctions and the Financial Action Task Force’s recent decision to put Iran on its blacklist.
The Financial Action Task Force (FATF) has returned Iran to its blacklist because of Iran's non-compliance with the Palermo and the CFT Conventions. The move could create new and serious difficulties for Iran's financial relations that could be added to sanctions problems.
Foreign Ministry Spokesman Seyyed Abbas Mousavi has condemned the Financial Action Task Force’s blacklisting of the Islamic Republic saying that it is a politically-motivated action taken by international institutions.
Iran Minister of Economy Farhad Dejpasand says that the country has pulled itself out of economic recession, as the economic growth without taking oil revenues into account has been positive from March to November 2019 despite the US sanctions.
Iran’s economy minister says in the first six months of the current Iranian year, the amount of foreign investment in the country has increased by 50% compared to the same period last year.
Governor of the Central Bank of Iran says the value of the pharmaceutical and medical products that have been imported over the past 10 months with the financing provided by his organization has been 2,000 times higher than the value of consignments recently delivered via a Swiss channel.
Top authorities at Iran's Expediency Council have adamantly opposed the Islamic Republic’s accession to the Palermo Convention and Combating the Financing of Terrorism (CFT) treaty, describing them as threats to the national security.
The Iranian government has once again called on the country’s Expediency Council to ratify the bills on Iran’s accession to the Financial Action Task Force, arguing that the US sanctions will hurt the country even more if the country fails to adhere to the standards set by the global anti-money laundering body.
The Italian head coach of Iran’s Esteghlal Tehran Football Club, Andrea Stramaccioni, has finally received part of his overdue salary payments after the representative of an Iranian bank gave him a check at Iran’s Embassy in Rome.
Iranian President Hassan Rouhani on Sunday submitted his administration’s proposed national budget bill for the next year to the parliament, saying the budget bill is based upon resistance and countering the sanctions.
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'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’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.
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.
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.
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.
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’s Minister of Industry, Mine and Trade says the government's policy is to use national currency in business with friendly and neighbouring countries.
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.
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati has travelled to Kuwait to attend an international banking conference in the Arab country.
The governor of the Central Bank of Iran says the re-imposition of US sanctions on the bank shows they are so desperate in finding a lever to pressure Iran.
