EghtesadOnline: Governor of the Central Bank of Iran says despite the United States declared policy of maximum pressure to hurt Iran’s economy, the country has devised ways to access its foreign earnings.
EghtesadOnline: US President Donald Trump offered direct talks with Tehran, saying top Iranian officials should “call me” and suggested the US would help improve Iran’s economy if the country moves to ease the US ostensible concerns over its nuclear program.
EghtesadOnline: Over the past week, the value of Turkish lira collapsed yet another time. At first glance, this seems like a problem peculiar to Turkey, but economists are warning that the Turkish lira’s slide will have a ripple effect on Iran’s economy.
EghtesadOnline: Aziz Ahmad is one of the unlikely winners of the standoff between the United States and Iran, turning his modest transport service into an international foreign exchange operation that is providing much-needed dollars to the Iranian economy.
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: The United States’ pullout from the Joint Comprehensive Plan of Action, as the Iran deal is formally known, does not seem to be a matter of big concern for the most cited Iranian economist in the world, Mohammad Hashem Pesaran.
EghtesadOnline: In Iran, the only surprise regarding US President Donald Trump’s May 8 announcement to leave the Joint Comprehensive Plan of Action was that it was four days early.
EghtesadOnline: The US decision regarding Iran’s nuclear deal, whatever that may be, will not cause any disruption to the country’s economy, the governor of the Central Bank of Iran said.
EghtesadOnline: As the impact of the previous year’s boost in oil production and exports dissipates, Iran's overall growth rate is expected to stabilize at around 4.2%, with a larger contribution from the non-oil sector.
EghtesadOnline: Iran has been experiencing volatility in its foreign exchange and gold markets in the past few months, but the minister of economic affairs and finance has vowed that this is only temporary and the economy will soon be on the right track again.