EU and Iran have agreed to continue trade after the US withdrawal from the nuclear deal.
News ID: 2440 Publish Date : 2018/10/14
As part of its continued pressure campaign on Iran, the US government has issued an advisory to help US financial institutions (particularly banks; money services businesses (MSBs), such as virtual currency administrators and exchangers; and dealers in precious metals, stones, and jewels) better detect "potentially illicit transactions" related to the Islamic Republic.
News ID: 2429 Publish Date : 2018/10/13
Iran and Turkey may establish a joint bank, aiming to facilitate and increase trade exchanges, secretary of Iran-Turkey Joint Chamber of Commerce announced.
News ID: 2408 Publish Date : 2018/10/10
According to economic indicators of the Central Bank of Iran (CBI), the country’s liquidity growth rate in the first three months of the current Iranian year (March 21-June 21) stood at 3.4 percent.
News ID: 2406 Publish Date : 2018/10/10
The International Monetary Fund, in its latest World Economic Outlook, predicts Iran's economy will contract this year and in the following year as a result of the reimposition of US sanctions against the Islamic Republic.
News ID: 2404 Publish Date : 2018/10/10
Iran ranks 78th out of 195 countries in its education and health care funding as measurements of its commitment to economic growth, findings of the first-ever worldwide scientific study show their levels of human capital investments.
News ID: 2399 Publish Date : 2018/10/09
The Chinese government's 7 October move to add more stimulus to the economy, by freeing up banks' ability to lend more, could support the steel sector by pushing credit into the key real estate and manufacturing consuming sectors. Around 60pc of China's steel is consumed by construction projects, including real estate and infrastructure.
News ID: 2393 Publish Date : 2018/10/09
A former deputy governor of the Central Bank of Iran said the country holds such a large supply of foreign exchange reserves that it could take care of economic issues for at least three years even without any oil revenues.
News ID: 2368 Publish Date : 2018/10/05
The International Monetary Fund compares the global annual per capita GDP based on two major methods.
News ID: 2350 Publish Date : 2018/10/04
Arange of new financial products, from Islamic bonds to warrants and insurance-linked securities, are being developed to help give local firms more funding options as US sanctions pile pressure on the economy.
News ID: 2342 Publish Date : 2018/10/03
The Iranian currency, rial, is bouncing back against US dollar which has started to nosedive since Monday evening as people have flocked to money exchange markets to exchange their dollars for rial.
News ID: 2338 Publish Date : 2018/10/02
At least parts of the European Union’s envisioned mechanisms to facilitate trade and banking relations with Iran will be in place by Nov. 4 when a new set of United States’ sanctions are to be applied against Tehran, a senior diplomat said on Friday.
News ID: 2306 Publish Date : 2018/09/30
Iranian Deputy Foreign Minister Seyed Abbas Araqchi announced that the new financial mechanism to be used by the European Union will be implemented by the EU in November.
News ID: 2302 Publish Date : 2018/09/29
Iranian President Hassan Rouhani in a meeting with Managing Director of the International Monetary Fund Christine Lagarde in New York voiced Tehran's readiness to expand bilateral ties with IMF.
News ID: 2300 Publish Date : 2018/09/29
Central Bank of Iran new set of policies for managing the currency market was approved on Saturday by the Supreme Council of Economic Coordination.
News ID: 2298 Publish Date : 2018/09/29
Federica Mogherini, the European Union’s foreign policy chief, said a so-called "Special Purpose Vehicle" under consideration to facilitate trade with Iran could be in place “before November”.
News ID: 2296 Publish Date : 2018/09/29
According to the newest data released by the Central Bank of Iran (CBI), Iran’s debts to foreign lenders in the end of the fourth Iranian month of Tir (July 22, 2018) stood at $10.66 billion, showing 5.6 percent decrease in comparison with announced figure in the first Iranian calendar month of Farvardin (March 21- April 20, 2018), IRIB reported on Sunday.
News ID: 2250 Publish Date : 2018/09/24
The economy saw 1.9% growth without taking into account production in the oil sector, the SCI said
News ID: 2224 Publish Date : 2018/09/22
The International Monetary Fund (IMF) in its latest World Economic Outlook titled “Cyclical Upswing, Structural Change” predicted a four-percent real gross domestic product (GDP) growth for Iran in 2018, down 0.3 percent from 4.3 percent in 2017.
News ID: 2096 Publish Date : 2018/04/19
The Iranian cabinet on Wednesday ordered all state-run organizations and companies to replace U.S. dollar with euro in reporting their financial statements
News ID: 2095 Publish Date : 2018/04/19
