Iran’s accessible foreign currency reserves exceed $41b in 2022: IMF
Iran’s official accessible foreign currency reserves have increased significantly in 2022, registering a more than 94 percent rise to exceed $41 billion, Tasnim News Agency reported on Sunday, citing data released by the International Monetary Fund (IMF).
Rouhani: Iran to Use Foreign Assets Held Abroad to Balance Market
Iran President Hassan Rouhani unveiled plans to use the foreign currency reserve assets held in other countries in order to balance the currency prices at home.
Iran, Iraq to Agree on Foreign Currency Deal
Iraq and Iran are on the verge of finalizing a foreign currency agreement which will inundate Iran's market with several million US dollars in the near future.
President Rouhani: US Plotting to Disrupt Forex Market
Iranian President Hassan Rouhani said on Thursday that the US has hatched new plots to harm Iran’s economy by disrupting the country’s forex market.
Iran to impose cap on carrying foreign currencies
The Central Bank of Iran (CBI) has imposed a cap on how much individuals can carry foreign cash amid efforts meant to stabilize the foreign currency market in the country.
Rouhani stresses on forex rates control
Iranian President Hassan Rouhani on Tuesday stressed the need to control the foreign exchange (forex) rates and prevent their hikes.
CBI vows to drive foreign exchange market towards stability
The Central Bank of Iran (CBI) is taking serious steps to establish stability in the market, said its Governor Abdolnaser Hemmati in an Instagram post on Monday.
Convert to Lira, Erdogan Urges People
TEHRAN (Iran News) – President Recep Tayyip Erdogan called on Turks to convert their foreign currency to Turkish lira, asking them to “leave the dollar”. “Leave the dollar and the rest. Let’s convert to our money, the Turkish lira. The Turkish lira doesn’t lose value anymore. Let’s show our patriotism like this,” Erdogan said, World […]
Economy returning to normalcy as a result of CBI proper measures: Hemmati
Governor of the Central Bank of the Islamic Republic of Iran (CBI) Abdolnaser Hemmati says the country’s economy is more stable now compared to last year as inflation rate loses momentum.
Turning away from USD: Russia, EU mull inclusion of national currencies in trades
Moscow and Brussels are keen on quickly extending the use of the ruble and the euro to bilateral payments, says the Russian Finance Minister Anton Siluanov.