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Economy

Iran Arrests Beef Traders As Prices Soar To Hyperinflation Levels

Radiofarda - As food prices soar to hyperinflation levels in Iran, authorities resort to arrests and trials of merchants, trying…

Latest Official Stats In Iran Show Food Prices Reaching Dangerous Hyperinflation

Radiofarda - The Iranian government's Statistical Center has announced the inflation rate for the year ending on February 20 as…

Iran Warns Of ‘Options’ To Neutralize U.S. Oil Sanctions

RFL/RE - A senior Iranian official has said Tehran has many options to neutralize the reimposition of U.S. sanctions on…

Global Watchdog Gives Iran Until June to Adopt Anti-Money Laundering Rules

Radiofarda  - Iran has until June to fix its anti-money laundering and terrorism financing rules or face increased international scrutiny…

Iran’s Economy Lagging Behind For 40 Years According To IMF Data

Radiofarda - The Islamic Republic marked its 40th anniversary on February 11, 2019. Since 1979, the Iranian economy has experienced…

Iran’s central bank under pressure to print money, weaken rial

Al-Monitor - A disagreement between the Central Bank of Iran and factions of the government, backed by lawmakers, over profits from foreign exchange sales has…

As Dollar Rises In Iran Police Arrest 20 Currency Dealers

Radiofarda - Police chief of Greater Tehran has announced Tuesday the arrest of “twenty foreign currency dealers”, as the U.S.…

U.S. Dollar, Prices Rise As Iran Faces Uncertainty

Radiofarda - The U.S. dollar is again on a steep rise in Iran. The greenback climbed to over 130,000 rials…

Why Iran’s service startups scream for workers despite jobs crisis

Al-Monitor - To address the shortage of jobs in the country, Iran’s government has banked on the thriving technology sector.…

Iranian FM says European efforts for trade fall short

Al-Arabia - Iran's foreign minister said on Sunday that a European mechanism to trade with Tehran fell short and that…