EghtesadOnline: Iran's economy grew 3.7% during the last fiscal year (March 2017-18), according to latest reports released by the Central Bank of Iran and the Statistical Center of Iran.
EghtesadOnline: During President Hassan Rouhani's visit to China, the two countries signed several agreements to boost trade and financial ties, including an agreement to use their respective currencies.
EghtesadOnline: T he share of Iranian young people (ages 15-24) who were not in employment, education or training (NEETs, for short) fell from 38.3% in the fiscal 2011-12 to 36.2% in 2016-17, according to a report by the Ministry of Cooperatives, Labor and Social Welfare.
EghtesadOnline: Members of Iran's Parliament during Sunday's open session voted to postpone for two months the review process of the government-proposed bill aimed at joining the United Nation's International Convention for Combating the Financing of Terrorism.
EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif said the prospect of Iran and China using local currencies in bilateral trade will eliminate any difficulties arising from the fallout of the US decision to quit the nuclear deal Iran signed with world powers in 2015.
EghtesadOnline: The volume of foreign investments attracted during the previous fiscal year (ended March 20, 2018) registered a notable increase compared with the previous year, the head of the Organization for Investment, Economic and Technical Assistance of Iran said.
EghtesadOnline: The producer price index (using Iranian year to March 2012) stood at 271.2 for the month ending May 21 (the second Iranian month of Ordibehesht), increasing by a four-year high of 1.8% compared with the previous month.
EghtesadOnline: India’s largest lender State Bank of India has alerted all its offices on the pitfalls of dealing with companies carrying out trade with Russia and Iran, which are battling US sanctions.
EghtesadOnline: The Central Bank of Iran has agreed to significantly ease capital conditions based on which foreign banks will be able to establish a branch in the country's free trade zones, the secretary-general of the High Council of FTZs said.
EghtesadOnline: The government earmarked a total of $12.28 billion to all import of goods and services at the unified rate of 42,000 rials during the first 45 days since it unified the US dollar's dual exchange rate, the latest data show.