Iranian Banking Provocation

Mar 11 2024

Iranian Economic Police Blame ‘Enemies’ For Currency Crisis

Hossein Rahimi, the head of Iran's Economic Security Police, claims there are plans by ‘adversaries’ to disrupt the country's currency market in the lead up to Iranian new year celebrations. "As we approach

Mar 11 2024

Iranian Tractor Company exports products to 24 countries

During a visit by the Union of Turkish Rights members to the Iran Tractor Manufacturing Industrial Group on Sunday, Karim Aghelvand said that products of this industrial group are being exported to European countries

Feb 19 2024

8 Iranian Banks At Risk of Dissolution, Central Bank Warns

Mohammad Reza Farzin, the head of the Iranian regime’s Central Bank, announced during an economic conference that a reform program for eight banks will be implemented next year, stating, “If they are not reformed

Feb 13 2024

Annual Inflation Rate For Housing In Tehran Surpasses 82%

The Research Center of the Iranian Regime’s Parliament (Majlis) announced in August 2023 that various government initiatives in the Islamic Republic to reduce housing prices have failed. The latest official report

Feb 02 2024

Price Surge in Iran’s Automotive Market

Simultaneously with the continued turmoil in the currency exchange rate in Iran, the prices of both domestic and foreign cars in the country have risen, with reports indicating an increase in the prices of imported

Jan 31 2024

Khamenei: Those active in Iranian economy have turned sanctions into opportunities

Leader of the Islamic Revolution, Imam Khamenei, met with a large group of producers and those active in the economy. The meeting took place in the Imam Khomeini Hussainiyah on January 30, 2024. During the meeting

Jan 02 2024

Ex-IRGC chief appointed as member of Iran’s key foreign policy body

A former commander of the Islamic Revolution Guards Corps (IRGC) has been appointed as a member of Iran's Strategic Council on Foreign Relations which is regarded as a key foreign policy body in the country. The

Jan 02 2024

Iran joins BRICS group formally in 2024

At the recent BRICS meeting, which took place in Durban, South Africa, early in December, Sooklal underlined —referring to the attendance of high-ranking representatives of Iran, Saudi Arabia, the United Arab

Dec 21 2023

Iran’s Currency Rises After Accessing Unblocked Funds In Oman

Iran’s currency, rial, rose against major currencies on Wednesday after reports last week said Tehran had used some of its unblocked funds kept in Oman. The rial broke through the psychological barrier of 500,000

Dec 11 2023

Iran: $3.37 Billion Stolen in Latest Government-Linked Embezzlement Case

In recent weeks, numerous cases of organized corruption involving various agencies, ministries, and even the central bank have been reported. For example, the General Inspection Organization of the regime announced

Dec 04 2023

Iran’s Chief Banker Denies Currency Crisis

Iran denies challenges in obtaining foreign currency, contradicting tangible signs of shortages of vital imports in the Iranian market and a plummeting rial. Amid the government's faltering attempts to assert control

An increasing number of Iranian politicians, media hubs, and members of Majlis are voicing criticism of the government's handling of the country's deteriorating economic crisis. Many questions arose about the economic mismanagement by the regime, especially over reports of corruption, for example, a report on Bank Melli published on January 2023 showing shady lending of $ 600 million to individuals and companies in Lebanon, Syria, and Venezuela. In your opinion, now, as the inner economic crisis is reaching a boiling point, what steps will the Iranian regime take to counter those?

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