Iran officially unveiled its central bank digital currency (CBDC) on Sunday during a ceremony attended by Central Bank of Iran (CBI) Governor Mohammad Reza Farzin and chief executives of several major banks. This
A top Iranian official said on Wednesday that Tehran has no blocked funds in Iraq, after the Biden administration issued sanction waivers in 2023 and this year to allow Baghdad to release the Iranian funds. After
Iran's broad money has doubled during the 2.5-year presidency of Ebrahim Raisi, according to statistics from the country’s Central Bank (CBI). The statistics suggest that broad money has surged from 5.19 quadrillion
Hossein Rahimi, the head of Iran's Economic Security Police, claims there are plans by ‘adversaries’ to disrupt the country's currency market in the lead up to Iranian new year celebrations. "As we approach
During a visit by the Union of Turkish Rights members to the Iran Tractor Manufacturing Industrial Group on Sunday, Karim Aghelvand said that products of this industrial group are being exported to European countries
Mohammad Reza Farzin, the head of the Iranian regime’s Central Bank, announced during an economic conference that a reform program for eight banks will be implemented next year, stating, “If they are not reformed
The Research Center of the Iranian Regime’s Parliament (Majlis) announced in August 2023 that various government initiatives in the Islamic Republic to reduce housing prices have failed. The latest official report
Simultaneously with the continued turmoil in the currency exchange rate in Iran, the prices of both domestic and foreign cars in the country have risen, with reports indicating an increase in the prices of imported
Leader of the Islamic Revolution, Imam Khamenei, met with a large group of producers and those active in the economy. The meeting took place in the Imam Khomeini Hussainiyah on January 30, 2024. During the meeting
A former commander of the Islamic Revolution Guards Corps (IRGC) has been appointed as a member of Iran's Strategic Council on Foreign Relations which is regarded as a key foreign policy body in the country. The
At the recent BRICS meeting, which took place in Durban, South Africa, early in December, Sooklal underlined —referring to the attendance of high-ranking representatives of Iran, Saudi Arabia, the United Arab
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