Central Bank of Iran – Involved In

ifmat - Iran Blocks Billions Of Peoples Money In Car PreSale Scam2

Iran Blocks Billions Of People’s Money In Car Pre-Sale Scam

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 ...
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ifmat - Irans Chief Banker Justifies Measures To Pocket Peoples Cash Currency 1

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
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ifmat - Iran New Restriction On Supply Of US Dollars Creates Chaos In Market

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 ...
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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 ...
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ifmat - Printing More Money Iran May Face Hyperinflation In Coming Months 1

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 ...
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ifmat - Iran Economy In Miserable State Economist

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 ...
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