Iran supreme leader urges currency boost amid months-long rial plunge
Iran’s Supreme Leader Ayatollah Ali Khamenei has “ordered” the central bank to boost the value of rial, the bank’s governor ...
Iranian economist warns of famine, rebellion as inflation rates rise
An Iranian economist, Hossein Raghfar, predicted that his country would face more famine and protests in the coming weeks.Raghfar warned of what he ...
Iran sentences three businessmen to death on ‘economic crimes’
Special courts set up in a drive against financial crime have sentenced three people to death in Iran, state television reported on Sunday, as the ...
Iran rial hits record low around 150,000 against dollar
Iran rial extended its slide on Wednesday, hitting a record low around 150,000 against the dollar, according to foreign-exchange websites, as the ...
Iran arrests ‘Sultan of Coins’ suspected of hoarding gold
Iranian state TV says police have arrested a man who was hoarding two tons of gold coins in order to manipulate the market.The Wednesday report quotes ...
Iran rial plunges to new lows as US sanctions loom
The Iranian rial plunged to a record low against the US dollar on the unofficial market on Sunday, continuing its slide amid fears of returning US ...