Iranians turn to gold and foreign currencies to preserve assets
As Iran's economic situation continues to deteriorate and the rial loses value, citizens have increasingly turned to purchasing gold, foreign...
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Iran’s pharmaceutical industry grapples with currency, electricity crises
The Iranian pharmaceutical industry is facing a dual crisis of currency shortages and frequent power outages, significantly impacting production and...
Iran’s Currency Recovers Some Losses As Israel Tension Eases
After significant losses since January, the Iranian rial has managed to regain nearly 10 percent of its value over the...
Iranian Lawmaker Slams Central Bank as Currency Crisis Deepens
Criticism of Iran’s Central Bank is continuing as one lawmaker takes aim at its failure to provide necessary foreign currency...
Bills Targeting Iran Pass The US House In Landmark Aid Package
During an unusual Saturday session, the US House of Representatives passed a $95 billion aid package for Ukraine and Israel,...
Iran’s Central Bank Denies Plans for Large-Denomination Currency
Iranian Central Bank officials are denying that the government is considering introducing a large-denomination bill into its circulation.As the country’s...
Iran’s Currency Market in Turmoil Following Attack on Israel
In the wake of heightened geopolitical tensions, the already battered Iranian currency, rial, has been thrust into a whirlwind of...
Iran’s Currency Continues Slide In The Wake Of Israeli Air Strike
Iran's currency, rial, reached another historic low on Saturday, breaking through the 650,000 threshold and dropping to 653,000 per US...
Iranian Hardliner Warns Of Further Fall Of Battered Currency
In the midst of Iran's economic turmoil, a politician close to the country's political establishment expressed concern over the government's...
Trump’s Possible Return Shakes Iran Currency Market
The results of Iran’s recent elections along with growing concerns about Donald Trump’s possible return to the US presidency have...
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