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  • EghtesadOnline: The CBI warned that banks found in breach will see their branches shut, codes deactivated and restrictions on their physical expansion, balance sheets and credit plus permission to offer forex services.

  • EghtesadOnline: Major currencies continued to rise Wednesday for five successive sessions with the US dollar moving closer to 240,000 rials in Tehran’s open market but sopped near the threshold.

  • EghtesadOnline: Major currencies on Thursday hit the highest rates since September 2018 with the dollar traded at 180,000 rials in Tehran’s open market.

  • EghtesadOnline: Governor of the Central Bank of Iran says the bank has put an end to the unreasonable practice of injecting foreign currency into the market to control forex rates.

  • EghtesadOnline: Exchange shops in Tehran on Saturday sold the US dollar at 133,500 rials, which was up 2.7%, or 3,500 rials, compared to previous working day's close.

  • EghtesadOnline: The Majlis Joint Commission has decided that government employees who earn less than 360 million rials ($2,769) per year will be exempted from paying income tax as of the next Iranian year (starting March 20, 2020).

  • EghtesadOnline: The growth in overall Consumer Price Index was the highest (3.4%) for Kerman Province in the seventh month of the current Iranian year (Sept. 23-Oct. 22) when compared with the previous month.