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Economy

Khamenei Circumvents Parliament To Get Controversial Budget Bill Approved

Radiofarda - Iran's Supreme Leader Ayatollah Ali Khamenei has issued a decree, circumventing parliament by allowing members of the budget…

Coronavirus puts more pressure on Iran’s already strained economy

Al-Monitor - The current crisis surrounding the spread of coronavirus in Iran is a complex and multilayered issue with political,…

Iranian rial plunges as coronavirus threatens export lifeline

Reuters - Iran’s rial hit a one-year low against the dollar on Wednesday as a sharp rise in coronavirus cases…

Coronavirus Outbreak To Hurt Ailing Iranian Economy

Radiofarda - After nationwide unrest in November, escalation with the U.S. following the killing of Qods Force Commander Qassem Soleimani…

Iran’s Currency Falls Again After Watchdog Decision To Strengthen Penalties

Radiofarda - Iran’s currency rial continued to lose value against major currencies on Saturday, reaching as low as 154,000 to…

Iran Faces Global Anti-Terrorism Financing Watchdog Blacklist – Sources

Reuters -A global dirty money watchdog is likely to place Iran on its blacklist on Friday after it failed to…

Iran parliament committee approves currency overhaul bill

PayvandNews - The Iranian parliament has approved the details of a government bill to drop four zeros from the national…

Iran’s Long Battle With FATF

Radiofarda - The February plenary of the Financial Action Task Force (FATF) is underway in Paris. The outcome of this…

International Watchdog To Review Iran’s Status On Anti-Terror, Money Laundering Laws

Radiofarda - A Financial Action Task Force (FATF) meeting which has started in Paris is expected to review the situation…

Government Debt, Deficit, Money Supply Soar, Iran Central Bank Reveals

Radiofarda - The latest report from Iran's Central Bank (CBI) released on Thursday indicates a steep rise in the volume…