Iran government
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Currencies
Iran’s pharmaceutical industry grapples with currency, electricity crises
The Iranian pharmaceutical industry is facing a dual crisis of currency shortages and frequent power outages, significantly impacting production and…
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Brokers
Stock Market Turmoil in Iran as Brokers Strike
Trading was brought to a halt in stock exchanges in Isfahan and Tabriz on Monday as brokers initiated a strike against the downturn…
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Currencies
Iran’s Currency Recovers Some Losses As Israel Tension Eases
After significant losses since January, the Iranian rial has managed to regain nearly 10 percent of its value over the…
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Currencies
Iranian Lawmaker Warns Of Insecurity From Currency Devaluation
Mehdi Toghyani, the spokesperson for the Economic Committee of the Iranian Parliament, has pointed to currency instability as a factor…
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Currencies
Iranian Lawmaker Slams Central Bank as Currency Crisis Deepens
Criticism of Iran’s Central Bank is continuing as one lawmaker takes aim at its failure to provide necessary foreign currency…
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Currencies
Iran’s Central Bank Denies Plans for Large-Denomination Currency
Iranian Central Bank officials are denying that the government is considering introducing a large-denomination bill into its circulation. As the…
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Brokers
Iran To Sue Turkish Broker Over $263M Electricity Debt
Iran is preparing to sue a sanctioned Turkish businessman and broker over a dispute involving $263 million in debts related…
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Currencies
Iran’s Currency Market in Turmoil Following Attack on Israel
In the wake of heightened geopolitical tensions, the already battered Iranian currency, rial, has been thrust into a whirlwind of…
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Currencies
Iran’s Currency Continues Slide In The Wake Of Israeli Air Strike
Iran’s currency, rial, reached another historic low on Saturday, breaking through the 650,000 threshold and dropping to 653,000 per US…
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Currencies
Iranian Hardliner Warns Of Further Fall Of Battered Currency
In the midst of Iran’s economic turmoil, a politician close to the country’s political establishment expressed concern over the government’s…
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