First Vice-President Eshaq Jahangiri yesterday urged the exporters to return forex earned from exports to the national economy.
The Central Bank of Iran has injected hundreds of millions of dollars to stabilize the currency market, CBI Governor Abdolnaser Hemmati said on Saturday.
870,896 tons of commodities valued at over $1.45 billion were traded in its domestic trade and export halls in the past week (ending June 25), IME announced.
Emerging markets head into the final full week of the first half buoyed by the confidence the global liquidity rush will keep risk assets supported.
Iranian stock market kept surging to new high despite a dire situation in the country’s forex market where the national currency rial fell against major international currencies.
Iranian President Hassan Rouhani said his administration has been doing its utmost to mitigate the economic repercussions of the coronavirus pandemic.
Iran's Supreme Economic Coordination Council allowed unlimited foreign exchange inflows into the country and exempted gold imports from paying tolls and value-added tax.
Brazilian Treasury Secretary Mansueto Almeida confirmed in an interview with financial blog Brazil Journal published on Sunday that he plans to resign from the government in July or August.
The UK Treasury should act to help more than a million people who have fallen through the cracks in the government’s COVID-19 income support schemes.
Iranian President Hassan Rouhani highlighted his administration’s strategies to deal with the economic consequences of the coronavirus outbreak.