The latest news and views about the economy of Iran
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Iranian President Hassan Rouhani has decided to go to the Parliament to respond to the lawmakers’ questions about the Iranian economy, planning to use the opportunity to reveal “truths” behind the country’s conditions.
After several failed attempts, Iranian lawmakers for the first time mustered enough votes on Wednesday to summon President Hassan Rouhani to answer their questions in coming weeks over issues related to his handling of the country’s struggling economy.
Iran’s First Vice-President Es’haq Jahangiri says the new economic conditions in Iran will not continue and the government plans to introduce a new foreign currency package to deal with the situation.
The Iranian government is under great pressure to take more steps to normalize what the Central Bank calls “unusual” economic conditions, as the country grapples with a flagging economy and the national currency slides to record lows.
The Islamic Republic of Iran Customs Administration (IRICA) has released details of the country’s foreign trade, which show during the first four months of current Iranian year the value of Iran’s non-oil exports has risen by over $30 billion.
Turkey's Foreign Ministry says the country's officials are working to prevent Ankara from being negatively affected by the US move to re-impose nuclear sanctions against Iran in the wake of Washington's withdrawal from a historic nuclear deal signed between the Islamic Republic and the P5+1 group of countries in 2015.
Vice-President of the Iranian Chamber of Commerce says the EU has allocated a huge amount of credit to facilitating trade between Iranian and European small and medium-sized enterprises.
An Iranian figure says the US federal government has so far seized 500 bitcoins owned by Iranian people worth over five million dollars.
Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei has summoned President Hassan Rouhani and his cabinet members to discuss ongoing economic woes.
The Turkish president says his country is determined to conduct trade with Iran, Russia and China using national currencies.