During a ceremony organized by Iran’s Chamber of Cooperatives, a number of domestic units producing the goods, that their import has been banned in line with the country’s policy of achieving self-reliance to tackle the sanctions, were honored, Press TV reported on Thursday.
News ID: 5691 Publish Date : 2019/08/04
Inflation rate (the increase in consumer prices besides those of the producer), as one the main economic indices, has skyrocketed during the past recent year, i.e. as of the US withdrawal from the JCPOA, May 8, 2018.
News ID: 5677 Publish Date : 2019/08/02
Central banks purchased a record $15.7bn of gold in the first six months of the year in an effort to diversify their reserves away from the US dollar as global trade tensions continue to simmer.
News ID: 5674 Publish Date : 2019/08/02
A senior Iranian financier said Tuesday banks in the United Arab Emirates are willing to process Iran’s trade and business transactions despite sanctions that have restricted the country’s access to financial services in the Middle East.
News ID: 5631 Publish Date : 2019/07/31
Deputy Governor of Central Bank of Iran (CBI) Akbar Komijani held talks with the Australian Ambassador to Tehran, Ian Biggs, on Tuesday to discuss expansion of banking and economic relations.
News ID: 5619 Publish Date : 2019/07/31
Iran’s Ministry of Industry, Mining and Trade announced that in the first three months of the current Iranian calendar year (March 21-June 21), some 256.17 trillion rials (nearly $6.1 billion) worth of bank loans have been offered to small and medium-sized enterprises (SMEs) and semi-finished industrial projects with an over 60 percent physical progress.
News ID: 5618 Publish Date : 2019/07/31
Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €17.357 billion for imports of goods and services since it was launched in April 2018 up to July 22, 2019, IRNA reported.
News ID: 5617 Publish Date : 2019/07/31
Iranian government, in a cabinet meeting on Sunday, approved cryptocurrency mining as an industrial activity, IRNA reported.
News ID: 5616 Publish Date : 2019/07/31
High-ranking Iranian and Australian officials in a meeting in Tehran on Tuesday conferred on ways to further develop banking ties and cooperation between the two countries despite the US sanctions.
News ID: 5600 Publish Date : 2019/07/30
Head of the company that will oversee the regulated forex market says the new market will open with the participation of 100 plus money changers.
News ID: 5598 Publish Date : 2019/07/30
Banks and credit institutions provided the industrial and mining sector with 300 trillion rials (about $7.14 billion) worth of loans in the first two months of the current Iranian year (March 21-May 21), registering a 41.5 percent rise year-on-year.
News ID: 5584 Publish Date : 2019/07/29
Central Bank of Iran (CBI) plans to launch an integrated forex market in the country by mid-August, IRIB reported.
News ID: 5581 Publish Date : 2019/07/29
Iran will undertake a new measure to contain foreign-backed shocks against its economy with operationalizing the long-anticipated initiative of Integrated Currency Market by mid-August, in a bid to strengthen its economic system in the face of foreign interventions.
News ID: 5537 Publish Date : 2019/07/28
European central banks have ditched a 20-year-old agreement to coordinate their gold sales, saying they have no plans to sell large amounts of the metal, the European Central Bank (ECB) said on Friday.
News ID: 5520 Publish Date : 2019/07/28
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati boasted his country’s victory in thwarting foreign-backed economic conspiracies against Tehran, stressing that the plots to devaluate the national currency of rial have effectively failed.
News ID: 5498 Publish Date : 2019/07/27
Iranian ambassador to Denmark, Morteza Moradian cited local media saying, Danish government is considering joining Instrument in Support of Trade Exchanges (INSTEX).
News ID: 5465 Publish Date : 2019/07/25
The Statistical Center of Iran announced that the inflation rate in the twelve-month period ended on July 22, which marks the end of the fourth Iranian calendar month of Tir, stood at 40.4 percent, IRIB reported.
News ID: 5463 Publish Date : 2019/07/25
In early January, Money and Credit Council (MCC), the highest banking policy-making body of Central Bank of Iran (CBI), approved establishment of an integrated forex market as the CBI aims to explore the real volume of demand and supply in the foreign currency market through a new mechanism.
News ID: 5460 Publish Date : 2019/07/25
Afghanistan and Pakistan have announced readiness to open bank branches in Iran’s free zones or the mainland, according to a Foreign Ministry official in Tehran.
News ID: 5441 Publish Date : 2019/07/24
Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has put forward three specific proposals for the government to carry out a structural overhaul of its budget.
News ID: 5408 Publish Date : 2019/07/22
