What Lies Behind Iran’s Sharp Currency Drop?
Iran’s national currency, rial, has fallen sharply since early January, losing around 20% in less than three months, further raising...
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Iran’s Currency Drops To New Lows Two Days Before Norouz
After a short respite, Iran’s currency, the rial, plummeted on Monday to its lowest-ever level against the US dollar and...
US Announces Sanctions Over Smuggling Tech To Iran’s Central Bank
The United States has announced a new package of sanctions over a technology procurement network linked to the Central Bank...
UK Banks Facilitated Covert Movement Of Funds For Sanctioned Iranian Firm
Iran utilized two major UK banks to clandestinely transfer funds globally as part of an extensive sanctions-evasion plot.Documents reviewed by...
Iran’s Rial Loses Value Over Mideast Escalation, Prospect Of Trump Victory
Despite extensive currency injections, Iran’s rial is on a nosedive amid heightened regional tensions and prospects of Donald Trump winning...
US Official Says Iran Used Money Released Under Sanctions Waiver
A US official revealed on Wednesday that Iran has used some of the money held in Oman, which the Biden...
US Sanctions Iran-Backed Group, While Releasing Funds For Tehran
Washington sanctioned an Iran-backed militia group in Iraq on Friday for targeting US troops, after it approved the release of...
Can BRICS de-dollarise the global financial system?
The highlight of the 15th BRICS summit was the agreement to admit six new member countries – Argentina, Egypt, Ethiopia,...
Iran Intends To Replace Dollar With Local Currencies For Travelers
The Central Bank of Iran intends to offer regional currencies to citizens traveling to neighboring countries, instead of selling them...
Russia’s sanctions-dodging is getting ever more sophisticated
On February 24th America marked the anniversary of Vladimir Putin’s invasion of Ukraine by freezing the assets of a dozen...
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