Foreign Minister Mohammad Javad Zarif assured the business community that the future of the Joint Comprehensive Plan of Action–the formal name of the nuclear deal Iran signed with world powers…

Seventy days after the government decided to unify the US dollar's exchange rate at 42,000 rials and assure importers that all hard currency needs would be fulfilled at that rate, it is…

Capital Intelligence, the international credit rating agency, has released its key report on the Iranian insurance market, reviewing the latest development in the wake of the US unilateral move…

Having entered a new era after the lifting of most sanctions in early 2016, Iran has aptly understood the importance of making endeavors for modernizing its financial and corporate sectors.…

As the curtains fell on the previous Iranian year on March 20 and the usual lull in the markets sets in during the ensuing holidays, few expected currency volatility.

However, a few…

With the government’s rescue package reining in the foreign exchange market, the private sector once again voiced its objection over the administration’s adamance on keeping the national…

The new directive, which bans the use of the US dollar in import order registrations by Iranian traders, serves the double purpose of sidelining the US dollar and curbing the volatility that…

The Financial Action Task Force finally issued a public statement about Iran on Friday, ending months-long speculations about the fate of a country it has kept on it blacklist for almost a…

After weeks of wild rallying, the US dollar has lost its bullish momentum in Tehran's foreign exchange market as the Central Bank of Iran's rescue package appealed to investors anxious about a…

As the fallout from the forex market volatility continued into Wednesday, the Cabinet approved a package by the Central Bank of Iran to stabilize the market and push speculators into a legal…

The US dollar hit new highs against the rial on Monday, as the foreign exchange market continued to surprise investors and policymakers who are struggling to accept record forex rates as the new…

Determined to permanently exit the blacklist of Financial Action Task Force, Iran has accelerated the pace of reforms to implement the action plan recommended by the international group that…

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…

Iran Chamber of Commerce, Industries, Mines and Agriculture has proposed an Asian model for economic development to weather the current storms facing the Iranian economy.

Tehran foreign exchange and gold markets experienced another bout of rallies on Wednesday, as investors turn to safe-haven investments that have led to a price uptrend not witnessed since 2012…

With too many irons in the fire, the government and the Central Bank of Iran do not seem to be in the mood for making tough decisions, especially in the foreign exchange market.

As the Iranian private sector has been allowed, for the first time since the 1979 Islamic Revolution, to select its best exporters, both officials and senior business figures used the occasion…

The rial hit a record low against the US dollar in Tehran's foreign exchange market, in keeping with its customary surge in December every year.

On Sunday, the rial was quoted at 41,550…

There seems to be no end to the gold coin fever engulfing Iran's market. Despite the Central Bank of Iran's attempts to bring the precious metal– traditionally favored by Iranians as a safe-…

Renowned for its world-famous historical monuments, UNESCO heritage sites and natural beauty, Iran is expected to be mainly favored by cultural visitors and Nature enthusiasts. Although that's…

PricewaterhouseCoopers, a leading multinational professional services network, is working to establish a formal presence in Iran, as foreign interest in the Iranian economy has surged after…

In what would mark a big stride toward the development of Iran's insurance industry and the promotion of its privatization initiative, the government is to relinquish its remaining stake in Amin…

As Iran pushes reforms to privatize its economy and improve the business landscape, the country's private sector is taking a more proactive approach in convincing the government to liberalize…

Iranian voters on Friday handed a decisive victory to incumbent President Hassan Rouahni in a race that had become polarized not just along ideological lines but also along economic visions.

Iran’s presidential election campaign is in full swing and what was perceived as an easy victory for the incumbent President Hassan Rouhani seeking reelection only a few weeks ago is now appearing…