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Economy

Dollar Hits A New High On Iran’s Black Market

Radiofarda - Based on the latest reports from Tehran, the value of each U.S. dollar climbed to 80,000 Iranian rials…

Iran’s calendar in dire need of reform

Al-Monitor - Last month, Iran’s education minister said he intends to create a two-week "winter holiday"before the new Iranian school year starts this fall.…

Iran Walks Out As Russia, Saudis Gain Support For Oil Output Increase

RFL/RE  - Iran's oil minister has walked away from negotiations with other major oil producers over a significant increase in…

Iran preps for sanctions by expanding major port project

Al-Monitor - Providing landlocked Central Asia with shipping access through Iran’s southeastern Chabahar port has been a hot topic since the fall…

Iran Rejects U.S. Call For OPEC To Increase Output

RFL/RE - Iran has slammed a U.S. call for OPEC to increase production, as ministers from the oil cartel traveled…

Iran Telegram Ban Strangles Country Amid Struggling Economy, Protests

CHRI — The disruption to millions of people’s daily lives in Iran caused by the Iranian Judiciary’s blocking of the…

Russia, Saudis Agree To Request Increase In OPEC+ Oil Output

RFL/RE - Russia and Saudi Arabia will ask OPEC to increase oil output by 1.5 million barrels a day in…

Khamenei Forbids ‘Too Much Travelling Abroad’ To Save Foreign Currency

Radiofarda - Iran’s Supreme Leader Ayatollah Ali Khamenei has criticized Iranians for “travelling abroad too frequently” and told them to…

Iran Government To Open Warehouses To Combat Rising Prices

Radiofarda - In an attempt to harness soaring prices, Iran’s President Hassan Rouhani has ordered his cabinet ministers to open…

How rial’s devaluation may boost Iranian economy

Al-Monitor - The money supply in the Iranian economy exceeds $355 billion at the official exchange rate, remarkably surpassing total…