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Economy

Iran Arrests 25 Currency Traders For ‘Disturbing Forex Market’

Radiofarda - Media in Iran reported on Monday that 25 people have been arrested for “disturbing the forex system of…

Iran’s Central Bank Proposes Reform Of Battered Currency

Radiofarda - The Iranian Central Bank has proposed a currency reform that would remove four zeros from the rial, Iranian…

In bid to ease foreign trade, Iran approves anti-money laundering bill

Al-Arabia - A powerful Iranian council approved an anti-money laundering bill on Saturday, state media reported, a major step towards…

Official Says Iran’s Main Oil Customers Not Buying ‘Even One Additional Barrel’

Radiofarda - Iranian oil minister’s deputy for international trade says the eight countries which have received U.S. sanctions' waivers to…

Iran Parliament Forecasts Up To 5.5 Percent Economic Contraction As Oil Exports Halve

Radiofarda - The Parliament Research Center in Iran has forecast two scenarios for Iran’s economic growth, based on two different…

Iran says despite US sanctions, it has found new “potential” oil buyers

Al-Arabia - All countries that were granted waivers from the United States to continue buying a certain amount of Iranian…

US sanctions and the dynamics of Iran’s petroleum sector

Al-Monitor - Between 2016 and 2018, Iran’s energy sector was the main beneficiary of the lifting of nuclear-related sanctions. Increased…

Iran Health Minister Quits Over Budget Cuts As U.S. Sanctions Bite

Radiofarda - Iran's health minister has resigned over proposed budget cuts, the official news agency IRNA reported, amid an economic…

Oil Price Outlook Not So Bright In 2019 As Iran Loses Exports

Radiofarda - Reuters has surveyed 32 economists and analysts to find out what are their predictions for oil prices in…

Retirees And Farmers Protest For Their Share Of State Money

Radiofarda - Iranian government retirees in Tehran and farmers in Isfahan held protests on Wednesday, demanding money they believe is…