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Mar 2, 2021

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  • Free Fall of Dollar Value in Iran Currency Market

    Free Fall of Dollar Value in Iran Currency Market

    Dollar price has decreased sharply despite high fluctuation in the currency market and also banks have entered the market to buy foreign exchange.

    2 October 18 - 17:47
  • Iran Weighs up New Payment System to Circumvent U.S. Sanctions

    Iran Weighs up New Payment System to Circumvent U.S. Sanctions

    Iran and its trading partners are working to establish mechanisms for the oil trade to bypass US sanctions against the country, said Iranian Deputy Foreign Minister Abbas Araghchi.

    1 October 18 - 17:15
  • Iran Oil Export to Japan Hits Record

    Iran Oil Export to Japan Hits Record

    Japan's crude oil imports from Iran jumped 65% year on year in August, marking the fourth consecutive month of increase, according to government trade data released.

    1 October 18 - 10:16
  • CBI to Interfere in Currency Market to Stabilize it

    CBI to Interfere in Currency Market to Stabilize it

    Central Bank of Iran has been authorized by High Council of Three Powers Coordination to interfere in the currency market to stabilize it.

    29 September 18 - 16:27
  • China Behind Iran Foreign Trade

    China Behind Iran Foreign Trade

    China fully supports the EU's proposal to set up a "special payments system" to facilitate trade with Iran and safeguard the Iranian nuclear deal, a move experts say will reduce reliance on the US dollar in global trade and further isolate it from the international community.

    28 September 18 - 11:18
  • How Does the EU Plan to Bypass US Sanctions against Iran?

    How Does the EU Plan to Bypass US Sanctions against Iran?

    The European Union is creating a new payment mechanism to allow countries to legally trade with Iran amid US sanctions.

    27 September 18 - 12:48
  • France to Consider Establishing Joint Bank with Iran

    France to Consider Establishing Joint Bank with Iran

    France should consider setting up a special bank for trade with Iran and Russia, as the suggested special-purpose vehicle (SPV) to bypass US sanctions is insufficient, Damien Lempereur, spokesman for the French right-wing Debout La France party.

    27 September 18 - 10:26
  • Turkey to Continue to Purchase Iran's Gas despite U.S. Sanctions

    Turkey to Continue to Purchase Iran's Gas despite U.S. Sanctions

    President Recep Tayyip Erdogan said Turkey will continue to buy natural gas from Iran in line with its long-term supply contract ignoring US' threats to punish countries doing business with Iran.

    26 September 18 - 13:17
  • EU Reiterates Development of Payment Channels with Iran

    EU Reiterates Development of Payment Channels with Iran

    "The European Union will set up a legal entity to facilitate legitimate financial transactions with Iran to allow for continued trade", EU High Representative for Foreign Affairs and Security Federica Mogherini said.

    25 September 18 - 15:59
  • Iran non-Oil Export Hits $22.7 bn

    Hemmati:

    Iran non-Oil Export Hits $22.7 bn

    Central Bank of Iran's Governor reports that Iran's non-oil export stood at 22.7 billion dollars by 23rd of Sharivar (14 September), emphasizing that this figure has to return to the country's economic cycle.

    24 September 18 - 19:55
  • Iran's Foreign Debt Decreases by 5.6 Percent

    Iran's Foreign Debt Decreases by 5.6 Percent

    Iran's volume of foreign debt in the first four months of the current year (based on Iranian calendar) decreased by 5.6 percent.

    23 September 18 - 16:24
  • "U.S. Will Fail in Economic War against Iran"

    President:

    "U.S. Will Fail in Economic War against Iran"

    President Rouhani pointed to Donald Trump's efforts to provoke Iran to withdraw from JCPOA, adding the U.S.A. will be defeated in economic war with Iran.

    22 September 18 - 16:13
  • Iranians Bitcoin Trade Declines Sharply

    Iranians Bitcoin Trade Declines Sharply

    Chairman of the Board of Directors of Iran's Blockchain Association said following the ban on cryptocurrencies trade such as bitcoin in Iran the volume of bitcoin trade has decreased to 300 bitcoins from 1000 ones.

    21 September 18 - 23:7
  • Iran Non-Oil Export Stands at 19 Billion Dollars

    Iran Non-Oil Export Stands at 19 Billion Dollars

    Central Bank of Iran's Governor says the volume of non-oil export in the first five months of the current year (based on Iranian calendar) reached more than 19 billion dollars.

    21 September 18 - 22:51
  • New Euro Banknotes Unveiled

    New Euro Banknotes Unveiled

    The European Central Bank has revealed a new series of 100 and 200 euro bills that are set to enter into general circulation from May 28, 2019.

    20 September 18 - 11:14
  • Iran Oil Export Declines by 580000 bpd

    Iran Oil Export Declines by 580000 bpd

    An American bank states that Iranian crude oil export has decreased by 580000 barrels per day since three last month.

    18 September 18 - 18:57
  • Iran to Legalize Import of Cryptocurrency Mining Equipment

    Iran to Legalize Import of Cryptocurrency Mining Equipment

    Secretary of Iran's Supreme Council of Cyberspace reported the legalization process of importing bitcoin mining and cryptocurrencies equipment is on agenda.

    18 September 18 - 11:48
  • Iran's Gold Production to Hit Record

    Iran's Gold Production to Hit Record

    Iran's Minister of Industry, Mine and Trade said our ore iron production will be 90 million tons and also our cathode copper production will exceed 220 thousand tons in the current year (according to Iranian calendar), adding gold production will be 10 tones setting a new record.

    15 September 18 - 17:55
  • EU Underlines Establishing New Payment System with Iran

    EU Underlines Establishing New Payment System with Iran

    Germany says the European Union and this country are considering a new payment system with Iran as U.S. sanctions are looming.

    14 September 18 - 18:28
  • CBI Allocates 3.2 Billion Euros to Basic Commodities Import

    CBI Allocates 3.2 Billion Euros to Basic Commodities Import

    Central Bank of Iran's Governor said 3.2 billion euros have been allotted to import basic goods since last month.

    14 September 18 - 18:2
  • Trump Sanctions against Iran to Drive Oil Price over $100

    Trump Sanctions against Iran to Drive Oil Price over $100

    U.S. sanctions on Iran's energy industry, when they come into effect in November, could potentially drive oil prices above $100 per barrel, according to an industry expert.

    12 September 18 - 17:11
  • "Central Bank Provides Needed Foreign Exchange for Basic Goods"

    Hemmati:

    "Central Bank Provides Needed Foreign Exchange for Basic Goods"

    Central Bank of Iran's Governor said the bank in association with other banks controls liquidity trajectory, adding the Central Bank provides needed foreign exchange for basic commodities.

    11 September 18 - 17:24
  • 'Cryptomining Equipment Sale Is Legal in Iran'

    'Cryptomining Equipment Sale Is Legal in Iran'

    Head of computer technology union said selling cryptocurrency mining equipment in Iran is allowed.

    10 September 18 - 11:24
  • Iraq Sets Maximum Foreign Currency Transfer to Iran 10000 Euros

    Iraq Sets Maximum Foreign Currency Transfer to Iran 10000 Euros

    Iraq's Customs stated that the maximum amount of foreign currency to enter Iran is 10000 euros or its equivalent.

    10 September 18 - 10:6
  • Travel Foreign Exchange Sale Kicks off in Banks

    Travel Foreign Exchange Sale Kicks off in Banks

    Selling travel foreign exchange has started to applicants in banks at 14500 toman for one euro by submitting their documents.

    9 September 18 - 18:35
  • Coalition of Iran,Russia,Turkey to Ditch Dollar

    Coalition of Iran,Russia,Turkey to Ditch Dollar

    Iran, Russia and Turkey have taken a new step recently to eliminate USD in trade transactions, using national currencies in bilateral trade instead of it, amid their trade war with the U.S.A.

    8 September 18 - 13:57
  • 'SWIFT Restrictions Exerted just against Iran'

    'SWIFT Restrictions Exerted just against Iran'

    A member of Iranian Parliament National Security Commission believes that American administration has imposed sanctions differently against Turkey than Iran so that our loss is more than Turks.

    7 September 18 - 11:29
  • Iran Takes Back Its Request for 300 mn Euros Return

    German media:

    Iran Takes Back Its Request for 300 mn Euros Return

    Iran has informed German financial regulator BaFin that it would be dropping its earlier request to repatriate the funds from the bank.

    5 September 18 - 21:15
  • "Current Foreign Exchange Rate Has No Economic Justification"

    "Current Foreign Exchange Rate Has No Economic Justification"

    Chairman of Iranian Parliament Economic Commission said foreign exchange rate in the market doesn't have an economic justification and it's a bubble, adding there is power in the country to reduce it.

    5 September 18 - 16:46
  • Iran Government Accepts Cryptocurrency Mining as Industry

    Cyberspace chief:

    Iran Government Accepts Cryptocurrency Mining as Industry

    Secretary of Iran's Supreme Council of Cyberspace reported that the government has accepted cryptocurrencies mining as an industry.

    4 September 18 - 11:35
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