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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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'Cryptomining Equipment Sale Is Legal in Iran'
Head of computer technology union said selling cryptocurrency mining equipment in Iran is allowed.
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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.
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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.
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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.
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'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.
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"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.
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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.
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Development Bank of Brazil to Dedicate $1.2 bn for Investment in Iran
Brazilian ambassador to Tehran reported that the Development Bank of Brazil is about to allocate 1.2 billion dollars for Brazilian trade activists to expand trade and investment cooperation in Iran.
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Hemmati;
CBI Does Not Interfere in Market's Foreign Exchange Rate
Central Bank of Iran's Governor stressed that there is no decree to rise interest rate to 23 percent, adding the bank doesn't interfere in market's foreign exchange rate, but controls it.
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Islamic Banking Annual Conference Kicks off in Tehran
The 29th Annual Conference of Islamic Banking started on Saturday morning in IRIB International Conference Center in the presence of Central Bank of Iran's governor.
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European Central Banks Working on Financial Mechanism to Connect Iran
"If we want to build a truly independent instrument, we must open up all the options," Le Maire, French Finance Minister, stressed, referring to French and German governments holding talks on the matter with their central banks.
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President Rouhani;
"Central Bank of Iran Is Not Allowed to Use Forex Reserves"
President Rouhani said I've instructed the governor of the central bank that he is not allowed to use the bank's reserves.
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Iranian Cryptocurrency's Features Revealed
The latest details and specifications of Iranian national cryptocurrency based on rial and blockchain have been delineated.
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Minister of Economy Fails to Secure Second Vote of Confidence
Iranian members of parliament impeached Minister of Economy and removed him from his post.
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In 16 days;
Iranians Foreign Exchange Trades Hit 945 Million Euros
Initiating new foreign exchange policies have led to upward trend in drafts and cash trades.
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Ditching Dollar from Iran-Italy Banking Relations
Head of Iran-Italy joint chamber of commerce reported that two nations’ banking relations will be without greenback.
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Hemmati;
"Foreign Exchange Trade Will Be Smoother in Secondary Market"
Iranian governor of the Central Bank reported that foreign exchange trade in the secondary market will be smoother.
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Iranian CBI Governor's Promises to Boost Economy
Iranian Governor of Central Bank delineated some of the bank's new policies and measures.