The Central Bank of Iran has blocked at least 96 trillion rials ($2 billion) in public's money in a government scheme for car pre-sales, feared as another scam. The ...
Read More [+]
Central Bank of Iran – Involved In
Iran’s Chief Banker Justifies Measures To Pocket People’s Cash Currency
The Islamic Republic's chief banker says strict measures recently introduced on the banking system are aimed at curbing capital flight, claiming they follow international norms. Mohammad-Reza Farzin, the governor
Read More [+]
Read More [+]
Iran’s New Restriction On Supply Of US Dollars Creates Chaos In Market
Chaos has ensued in Iran’s financial and currency markets as the government tries to restrict the sale of cash US dollars. The Central Bank of Iran (CBI) issued a ...
Read More [+]
Read More [+]
Medicine Shortages, Rising Prices In Coming Months, Iran Lawmaker Says
Medicine shortages and rising prices have already been grave in Iran but now officials say the situation will aggravate in the coming months. Masoud Pezeshkian, the representative of Tabriz ...
Read More [+]
Read More [+]
Printing More Money, Iran May Face Hyperinflation In Coming Months
Iran hit a new record in annual inflation in the calendar year which ended on March 20, but pundits say the country will go into hyperinflation this year. Hyperinflation ...
Read More [+]
Read More [+]
Iran Economy In ‘Miserable State’
The Iranian rial has witnessed a 94% decline in the last decade as the economy plunges further into darkness, according to recent reports. In research by The Economist, it ...
Read More [+]
Read More [+]