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  • EghtesadOnline: Foreign exchange rates increased for the third consecutive session on Monday with the dollar quoted as high as 258,500 rials in Tehran open market.

  • EghtesadOnline: The Central Bank of Iran on Sunday tasked the state-owned Bank Melli Iran to open accounts for foreign investors seeking residence permit.

  • EghtesadOnline: Penalty for employers hiring illegal foreign workers amid the coronavirus outbreak and closure of workshops has been set at 3.05 million rials ($19.6) per day, an official with the Ministry of Cooperatives, Labor and Social Welfare said.

  • EghtesadOnline: The presence of foreign military forces in the sensitive Persian Gulf is unconstructive, the Iranian Foreign Ministry said following France's declaration this week that the military component of its maritime surveillance and security mission in the Strait of Hormuz is fully operational.

  • EghtesadOnline: Having purchased 5,423 homes in Turkey, Iranians ranked the second biggest foreign buyers of real estate in the neighboring country after Iraqis in 2019, figures released by the Turkish Statistical Institute show.

  • EghtesadOnline: The presence of military forces in the Persian Gulf from countries outside the region would be considered a source of insecurity by Iran, Foreign Minister Mohammad Javad Zarif said, in reference to the United States' proposed maritime security mission in the strategic waters.