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Economy

Iran’s Rial Hits New Historic Low Against US Dollar, Other Currencies

Radiofarda - The Iranian currency rial fell to new lows against the U.S. dollar in trading on Sunday at Tehran’s…

Central Bank; Where Iran’s Foreign Currency Resources Are Plundered

Radiofarda - The rate of exchange for the U.S. dollar has risen 2,700 times during the past 41 years since…

Striking Workers At Iran’s Agro-Industrial Complex Protest On Streets

Radiofarda - On day seventeen of the new round of strikes at Haft Tappeh agro-industrial complex on Wednesday, workers took…

Iran Lawmakers Want To Set Up ‘Garlic And Lentil’ Caucus In Parliament

Radiofarda - A member of Iran’s parliament, Majles, says that the Board of Directors of the legislative body has so…

With Huge Decline In Oil Sales Iran’s Exports Drop Dramatically

Radiofarda - Customs statistics of Iran's major foreign trade partners show a significant drop in their transactions with the Islamic…

Iran’s Rouhani says 2020 ‘most difficult’ year due to US sanctions, coronavirus

Al-Arabia - Iranian President Hassan Rouhani said on Sunday that his country is experiencing its toughest year because of US…

New U.S. Sanctions Hit Firms Linked To Iran’s Metals Sector

RFL/RE -- The United States has unveiled new sanctions against the Iranian metallurgical sector, blacklisting several companies, including domestic and…

Housing Prices, Rents Climb Fast As Iran’s National Currency Loses Value

Radiofarda - Real estate prices in Iran’s capital Tehran have risen by 23 percent in the past one month, the…

Iran’s Currency Faces Its Biggest Devaluation In A Tumultuous Forex Market

Radiofarda - Reports from Iran say that that the value of Iranian currency rial has fallen to a record low…

Workers At Iran’s Restive Industrial Complex On Strike For Second Week

Radiofarda - Workers at one of Iran’s most restive industrial units, the Haft Tapeh sugarcane complex resumed their strike for…