X

Economy

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…

Iran’s Currency Plummets To Record Low Against Dollar Amid Coronavirus, U.S. Sanctions

RFL/RE - Iran’s currency has tumbled against the dollar to its lowest level ever as the country grapples with U.S.…

Iran’s Currency At New Lows Amid Pandemic And Government Borrowing

Radiofarda - Iran’s currency the rial has again fallen to record lows against the U.S. dollar on Thursday, June 18,…

Iraq To Pay Its Debts To Iran By Exporting Food And Medicine

Radiofarda - After an eight-hour trip to Iraq June 17, the Governor of the Central Bank of Iran (CBI), Abdolnasser…

Foreign Investment In Iran In 2019 Dropped To Lowest Level In 17 Years

Radiofarda - The United Nations Conference on Trade and Development (UNCTAD) in its latest report says foreign direct investment (FDI)…

Iran Allows Limited Price Increase For Home Appliances Amid Devaluation

Radiofarda - An Iranian regulatory body on Tuesday issued a permit allowing price hikes of up to 25 percent for…

Intensity Of Pandemic Unabated In Iran, Along With Economic Crisis

Radiofarda - The situation of COVID-19 pandemic in Iran appears to be deteriorating with 115 deaths and 2,563 new cases…

Iranian Oil Shipments To China Rebranded In Malaysia To Circumvent Sanctions

Radiofarda - Like its Latin American ally, Venezuela, Iran appears to be rebranding its crude oil destined for China in…