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Economy

As Iran’s Exports Drop, Pressure Rises On Its Currency Reserves

Radiofarda - The Islamic Republic customs data for the first two months of the new Iranian calendar year (beginning March…

Iranian Stock Market Boom Prompts ‘Bubble’ Warnings

VOA - Iran's stock market has been booming for months, despite a collapse in the country's economy and a rampant…

Brian Hook To Iran: Negotiate Or Manage Economic Collapse

Radiofarda - The U.S. Special Representative for Iran on Wednesday reiterated that maximum economic pressure on Iran would prevent Tehran…

Iran Central Bank Forecasts Annual 22 Percent Inflation In Rare Move

Radiofarda - In a rare move, Iran's Central Bank (CBI) has announced its forecast about the country's annual inflation rate,…

Iran’s Central Bank To Merge Several Military-Owned Banks Amid Economic Crisis

Radiofarda - The Governor of the Central Bank of Iran (CBI) announced on Monday that two banks owned by the…

Iran’s Exports To China Drop 61 Percent Compared With 2019

Radiofarda - The latest trade figures published by China’s customs shows a 61 percent drop in imports from Iran in…

Iran Suffers Huge Reduction Of Revenues From Overflight Rights

Radiofarda - Iran Airports Company (IAC) has reported an 85 percent reduction in overflights by airlines using Iran's airspace in…

Iran Has Lost Its Top Position As Oil Exporter Without Developing Alternatives

Radiofarda - Iran's non-oil exports, which have suffered from weaknesses in its economic and management systems as well as from…

Iran Spokesman Says New US Sanctions ‘Fruitless’ And ‘Repetitive’

Reuters - Iran dismissed on Thursday new U.S. sanctions on several Iranian officials, saying they were a sign of the…

US Sanctions A Chinese Firm For Dealing With Iran’s Banned Airline

Radiofarda - The U.S. Departments of State and Treasury sanctioned a Shanghai-based firm Tuesday, May 19, for allegedly working on behalf of…