Tag Archives: Central Bank

European countries will do nothing for the INSTEX without entering into a reasonable trade with Iran in various fields.

Iran is after accomplishing an objective of increasing non-oil exports to 15 neighboring countries by two-fold to counter the US bans on its oil sale.

Iranian knowledge-based firms and start-ups will employ graduates and experts from developing countries. to further speed up the country’s drive to increase tech-based exports.

Government'.s full control over the foreign exchange market. and expressed hope that reduction of inflation rate would continue in the next few months.

Iran’s national currency of the rial has regained ground after 4 days of fall which was triggered by the government’s decision to increase the price of subsidized gas by 50% and unsubsidized gas by 300% in the country.

The country’s dependence on oil revenues. and urged for more technology-oriented economic activities.

The majority of the loan will reportedly be used for conducting several joint power plant projects in Iran.

Iran has imported $25 billion worth of products in the first 7 months of the current local calendar year.

The recent minor loss of the national currency of rial’s value against foreign exchange is a minor fluctuation of no concern. advising the masses not to take the market of foreign currencies as an investment opportunity.

The top banker of the country added that the US failed to reach its ultimate goal. which was bringing Iran to its knees.