Governor of the Central Bank of Iran Valiollah Seif said the drastic decision by the government to unify the US dollar’s rate does not mean that a fixed exchange rate system would be at work, as the rate would “fluctuate with market mechanisms”.
News ID: 2070 Publish Date : 2018/04/14
President Hassan Rouhani on Sunday outlined his administration’s vision of promoting economic prosperity in the next Iranian year (starting March 21), as well as goals set for the country in the face of economic and social challenges.
News ID: 2029 Publish Date : 2018/03/22
India and Iran signed 15 agreements in the presence of Iranian President Hassan Rouhani and Indian Prime Minister Narendra Modi in New Delhi on Saturday.
News ID: 1953 Publish Date : 2018/02/18
Members of parliament on Saturday approved a measure determining the share of the National Development Fund of Iran from all oil and gas export revenues in their latest open session on Saturday to decide on the articles of the fiscal 2018-19 budget law.
News ID: 1950 Publish Date : 2018/02/18
President Hassan Rouhani inaugurated three iron ore and steel projects in Sirjan County during his visit to Iran’s southern Kerman Province.
News ID: 1898 Publish Date : 2018/02/03
The rial continued to drop to record lows against the US dollar on Sunday, ending a short spell of stability that held for only a few days after the government assured the public that volatility in the foreign exchange market was temporary.
News ID: 1894 Publish Date : 2018/02/05
The governor of the Central Bank of Iran on Monday met with the ambassador of Switzerland in Tehran to discuss improvements in the banking system and the possibility of Iranian lenders opening branches in the Alpine country.
News ID: 1876 Publish Date : 2018/01/30
The Subsidy Reform Plan and the pricing of energy carriers topped the agenda of Majlis Joint Commission in its sessions to revise the rejected budget bill for the next fiscal (March 2018-19) on Monday.
News ID: 1871 Publish Date : 2018/01/30
South Korea’s second batch of steel weighing 5,500 tons was unloaded at the Iranian port of Chabahar in the southeastern Sistan-Baluchestan Province, an official with the province’s Ports and Maritime Office said on Wednesday.
News ID: 1850 Publish Date : 2018/01/27
President Hassan Rouhani has stressed the need for efforts to develop export markets and boost their sustainability by bolstering trust in Iranian-made products.
News ID: 1833 Publish Date : 2018/01/22
As per the Sixth Five-Year Economic Development Plan (2017-22), Iran Power Generation, Distribution and Transmission Company (aka Tavanir) has been obliged to boost the country's electricity trade with its neighbors on northwestern, western and eastern borders, a deputy manager of the company said.
News ID: 1820 Publish Date : 2018/01/20
Iran Privatization Organization, the state-run entity overseeing the sale of state-owned companies, plans to divest the remaining stake of the government in major privatized lenders and thereby make them "completely private", an official with IPO told Financial Tribune.
News ID: 1804 Publish Date : 2018/01/17
Iran’s trade with France stood at $3.18 billion during Jan.-Oct., 2017, registering a staggering rise of 112% compared with last year’s corresponding period.
News ID: 1757 Publish Date : 2018/01/07
Iran’s non-oil trade with member states of the Association of Southeast Asian Nations reached $2.63 billion during the eight months to November 22, registering 55.5% growth year on year.
News ID: 1734 Publish Date : 2017/12/29
President Hassan Rouhani has agreed to allocate $500 million from the National Development Fund of Iran, the country’s sovereign wealth fund, for the establishment of a rail leasing company, the deputy head of the Islamic Republic of Iran Railways said.
News ID: 1732 Publish Date : 2017/12/27
A petrochemical company in western Iran has turned into a leading producer and exporter of polyethylene, the most produced plastic in the world.
News ID: 1723 Publish Date : 2017/12/25
Operations to swap the fifth batch of crude oil consignment from the Caspian Sea littoral states to the port of Neka in northern Iran with deliveries in the Persian Gulf were carried out successfully, deputy operations manager at Iranian Oil Pipeline and Telecommunications Company said.
News ID: 1551 Publish Date : 2017/11/16
Natural gas production from the giant South Pars Gas Field is scheduled to return to normal by the end of the present fiscal year in March, following a string of overhauls at the field's platforms and refineries.
News ID: 1545 Publish Date : 2017/11/15
Foreign investment in Iran has seen a tenfold increase following the 2015 nuclear deal reached between Iran and six world powers, the government spokesman said.
News ID: 1532 Publish Date : 2017/11/13
Preserving water resources and reforming the national wastewater system amid a chronic water crisis are front and center to plans of Reza Ardakanian, Iran's new energy minister who boasts environmentally-friendly credentials.
News ID: 1488 Publish Date : 2017/10/31