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Deputy chair of the Iranian parliament’s Article 90 Committee Nasrollah Pejmanfar said they have lodged three complaints with the judiciary against former President Hassan Rouhani. According to Pejmanfar, the move addresses …
The trade turnover between Russia and Iran in the first six months of this year increased by 39.9% compared to the same period last year, the trade mission of the Russian Federation in Iran informs, citing data from the Federal Customs …
Outgoing Iranian president Hassan Rouhani said his administration is offering a general outlook of the country’s economy to its successor and will share experiences with the next administration’s officials. Speaking at the …
Iran’s New Budget Is Tight, But Not Tight Enough
It is one of the few countries they can travel to without a visa
The Iranian government’s goal by the aid scheme is to help the middle-class and lower-income households, Iranian President Hassan Rouhani said at a cabinet session yesterday evening about his government's recently …
Iran introduced gasoline rationing and price hikes on November 15 with an official saying that the revenue would be used for subsidies for 18 million needy families, state television reported. According to State TV, the price of a liter …
Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country’s cabinet. In a session on Sunday, chaired by President Hassan Rouhani, cabinet …
Open economy of the Islamic Republic threatens businesses that bypass sanctions
Iran's Peyman cryptocurrency is about to start operating and will soon be launched, CEO of Bank Melli Iran Mohammad Reza Hosseinzadeh said, adding that the cryptocurrency is gold-backed. Hosseinzadeh noted that …
India has ended all imports of oil from Iran, its ambassador in Washington Harsh Vardhan Shringla said. The diplomat said that India had already sharply decreased its imports from Iran and bought one million tonnes …
Iran will not surrender to U.S. pressure and will not give up on its goals even if it is bombed, Iranian President Hassan Rouhani said as tension rises between the Islamic Republic and the United States. Speaking at a …
The export of Iranian products must not strike a blow at the local market and citizens must not face product shortage, Iranian Industry, Mine and Trade Minister Reza Rahmani said. According to the statistics, 50,000 jobs were created as …
Zanganeh said on Monday that the third phase of Persian Gulf Star Refinery (PGSR), in the city of Bandar Abbas, southern Hormozgan province, will go into full swing in the coming weeks, which will increase the country’s gasoline output to …
Iran rial extended its slide on Wednesday, hitting a record low around 150,000 against the dollar, according to foreign-exchange websites, Reuters reported. The dollar was being offered for 150,000 rials, compared with about 138,000 …
Iranian lawmakers have given President Hassan Rouhani one month to appear before parliament to answer questions on his government’s handling of Iran’s economic struggles. Lawmakers want to question Rouhani …
Iran currency extends record decline as US sanctions approach
Iran’s central bank chief Valiollah Seif said that the country’s economy would not be affected if US President Donald Trump took the United States out of the nuclear deal agreed with world powers in …
Tehran authorities have detained almost 100 currency traders and frozen bank accounts reportedly worth 200tn rials ($5.3bn) in the biggest crackdown on foreign exchanges in six years. The operation is aimed at tackling a slide in the …
Iran economy's recovery strengthening but the country urgently needs to shore up its banks
