Iran’s housing sector keeps building
Al-Monitor -In Iran, the housing sector — which accounts for a hefty 35% of all household expenses — has since…
Economy
Iran Faces Banking Turmoil After US Nuclear Deal Exit
VOA —Some Iranians had been cashing in their savings even before U.S. President Donald Trump's announcement he would pull out…
Iranian Currency Roils As Trump Decision Looms
Radiofarda - Iran’s currency rial continues its free fall reaching a historic low and bringing the country’s economy one step…
Oil Prices Highest Since 2014 Ahead Of Trump’s Iran Decision
RFL/RE - Oil prices surged to their highest levels since November 2014 as investors braced for U.S. President Donald Trump's…
Iranian Currency Hits A New Low As Trump Announcement Looms
Radiofarda - Despite government edicts and police pressure foreign currencies keep rising in Iran, as desperate travelers and others try…
Iran Currency Crunch Hits Foreign Tourists
Radiofarda - Newly arrived in the city of Tabriz in northwestern Iran, Corneilis Vamoorschot wanted to change his euros into…
Rial Slips Again Against Dollar, Despite Gov’t Intervention
Radiofarda - Iran’s national currency, the rial, continues its downward spiral, and is approaching 60,000 rials to the dollar. (more…)
Iran pushes for transparency to deal with currency instability
Al-Monitor - On April 10, Iranian authorities announced a policy of unification of exchange rates — a move that has…
Baku Signs Another Caspian Oil Contract,While Iran Still Waits
Radiofarda - Azerbaijan’s state-run oil and gas company, Socar, signed a new 25-year production sharing contract (PSA) with British Petroleum…
Can ‘de-dollarization’ break Iran’s economic isolation?
Al-Monitor - While the nuclear deal struck between Iran and six world powers in 2015 lifted international sanctions, it failed…