ماه: آوریل 2019

Amid uncertainty over’s oil import possibilities from Iran after May 2 when the waivers to US sanctions on Iran are withdrawn, India’s state-run IDBI bank has stepped-up efforts in this direction by creating Iran trade processing cells in three India…

CEO of the Export Guarantee Fund of Iran says the fund has taken special measures to shield exports from the negative impact of US sanctions. 
Afrooz Bahrami said the insurance coverage EGFI provides is the best substitute for letters of credit at a…

The 8th Conference on Monetary Policies and Banking & Production Challenges was held Monday to explore the root causes of the lingering economic challenges in Iran. 
The event was organized by Donya-e-Eqtesad Media Group —  the parent company o…

In response to the US decision to eliminate waivers on Iran oil sanctions, the French Ministry of Europe and Foreign Affairs announced in a notice that despite the move, the European finical mechanism is in progress and will be put into operation in …

The Majlis has asked the government to eliminate the policy of compound interest rates in banks to help promote domestic production, and the Rouhani administration is expected to inform lawmakers about what it thinks of the prospect. 
According to t…

The governor of the Central Bank of Iran announced in an Instagram post Sunday a plan to create a universal insurance fund to cover losses inflicted by natural disasters. 
Abdolnasser Hemmati said creation of the fund was proposed in a meeting of th…

The Central Bank of Iran and the prosecutor general have agreed to freeze fraudulent bank accounts that collect people’s donations for the flood victims, the spokeswoman of Majlis Economic Commission said.
“The agreement to block dubious bank accoun…

The prosecutor general of western Ilam Province said Saturday medical centers which don’t abide by the law on using point of sale (POS) devices will be shut down. 
He said the law will be enforced for the first time in Ilam from Saturday and then wi…

Since the beginning of the current fiscal (March 21) to April 10 an estimated €420 million plus was deposited with Nima (Integrated Forex Rate System). The amount includes both Central Bank of Iran’s own contribution and repatriation of export earnin…

The benchmark Bahar Azadi Gold Coin that traded at 52.50 million rials ($375) in Tehran during the week, lost more than 7% by Thursday’s market close and fetched 48.40 million rials ($345), according to the head of Iran’s Specialized Gold and Jewelry…

UniCredit SpA is nearing an agreement with US authorities over allegations that the bank provided dollar-clearing services to Iranian clients in violation of US sanctions, people with the knowledge of the matter said. 
The deal would cost the Italia…