Medicine shortages and rising prices have already been grave in Iran but now officials say the situation will aggravate in the coming months. Masoud Pezeshkian, the representative of Tabriz ...
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Central Bank of Iran – Involved In
Printing More Money, Iran May Face Hyperinflation In Coming Months
Iran hit a new record in annual inflation in the calendar year which ended on March 20, but pundits say the country will go into hyperinflation this year. Hyperinflation ...
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Iran Economy In ‘Miserable State’
The Iranian rial has witnessed a 94% decline in the last decade as the economy plunges further into darkness, according to recent reports. In research by The Economist, it ...
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Iran’s Currency Falls to Record Low as Sanctions to Continue
Iran's troubled currency broke below the psychologically key level of 500,000 rial per U.S. dollar on Monday, as market participants saw no end in sight to sanctions.
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Mohammad Reza Farzin, Head of the Central Bank
A part of the recorded conversation of Mohammad Reza Farzin, the head of the central bank, with Dr. Mohammad Mokhbar, the first vice president, came to us, which we ...
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US exporter jailed for illegally supplying Iran bank with cybersecurity tools
A dual US and Iran citizen has been sentenced to two-and-a-half years for conspiring to export cutting-edge cybersecurity software to the blacklisted state to help its central banking system ...
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