Iran is launching the pilot version of its central bank digital currency (CBDC)—the crypto rial. The governor of the Central Bank of Iran (CBI), Ali Salehabadi, has disclosed that his agency is putting the finishing touches to ...
Four of the Iran regime’s pension funds are currently unable to pay their retirees’ salaries and benefits from internal sources and are provided with annual assistance budget laws. The plunder of the pension funds by the regime ...
The International Atomic Energy Agency’s (IAEA) new report on Iran’s nuclear activities has created a major challenge for the Iranian regime, with many of its media outlets and officials expressing their fear and concern over the consequences ...
Banks play an extremely crucial role in any country’s relatively healthy economic system. Monetary intermediation, creating income and investment opportunities, providing extended loans, and aggregating deposits are among the banks’ major functions.
For years, Iran has been using various financial mechanisms to enable it to carry out international trade in foreign currency and bypass various economic sanctions (MPC, the Obama-era sanctions regime, FATF black list, PMLC). In this way ...
Iran’s Bank Tejarat has committed to providing finances required for a major fuel pipeline project in the country’s south as part of a contract signed with the Iranian Oil Ministry.
A member of the Tehran’s Chamber of Commerce says the country's banks do not have enough money to provide loans and credits to the manufacturing sector.
Iran's Road and Urban Development Minister Rostam Qasemi who is visiting Syria said on Thursday that the two countries will establish a joint bank, Trend reports citing IRNA .
Last month we faced a very strange claim by Iran’s Central Bank. Right after that and with the use of the numbers published by the regime’s Central Bank and while all the economic statistics speak about the ...
Iran’s President Ebrahim Raisi has recently declared that he does not intend to increase the country’s liquidity. “I decided to compensate for budget deficits and decrease inflation,” he said. However, how is he supposed to perform such ...
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