Currency

Official Rial–Afghani Currency Settlement to Be Formalized

The Chairman of the Iran–Afghanistan Joint Chamber of Commerce, referring to the existing banking obstacles, said that…

Iran government triples subsidies to meet people's needs

After the recent fall in the value of Iranian currency the rial which triggered some protests at Tehran’s bazaar, the…

Iran reports 20% cut in subsidized currency allocation for imports

Iran has cut its allocation of subsidized currency for imports of goods and equipment.

Iran expects 20% rise in farmed shrimp output

Iran’s production of farmed shrimp is expected to increase by up to 20% in the three-month harvesting season that will…

Iran currency surges on positive news from Iran-US talks

Iran’s currency, the rial, has gained against the US dollar and other major currencies after a first round of indirect…

Can Iran Have a Stable Currency System Without Oil?

The lack of a transparent and stable currency system in Iran has led to currency fluctuations, exacerbating economic…

Iran's CBI to launch new currency exchange market

The Central Bank of Iran (CBI) is planning to launch a new currency exchange market in a bid to control the prices and…

Pezeshkian discusses economic topics with CBI governor

Iranian President-elect, Masoud Pezeshkian met and held talks with Governor of the Central Bank of Iran Mohammad Reza…

Iranians purchasing houses in Turkey at a slower pace

About $7 billion has been taken out of Iran over the course of three years for purchasing houses in Turkey.