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While a China-Russia payment system to boost the use of the yuan and ruble in cross-border transactions might initially have a limited impact, it could gain momentum if the US continues to abuse the dollar’s dominant position in the existing payment system, experts noted.
Market figures in Iran show the prices of the US dollar and gold – two key drivers of consumer prices – have been declining over the past week in what is seen as a clear defiance against earlier predictions that sanctions could trigger a price shock in the country.
In a video interview with Iranian Ambassador to London, Hamid Baeidinejad, released by CNN on Tuesday, he was asked to comment on how “realistic” the claims by US National Security Advisor, John Bolton, are regarding the US’ attempts to squeeze Iran’s economy to the point Iran would be forced to change its behavior.
Instructions and charter for private equity funds have been ratified, Iran’s Securities and Exchange Organization’s deputy for supervision of financial institutions said.
On Sunday the national currency gained slightly against the dollar with the exchange rate falling below the support level of 140,000 rials. The rial was traded at 161,000 rials to the euro down from the previous day’s 164,000.
As reimposed US sanctions restrict Iranian banks, the Export Guarantee Fund of Iran is set to expand operations to better support the country’s exports, especially with regional partners.
Governor of the central bank says if Iran is disconnected from the Belgium-based financial messaging service SWIFT (the Society for Worldwide Interbank Financial Telecommunications), alternative systems will be used to preserve ties with its trading partners.
The government of President Hassan Rouhani is mulling reintroduction of the gasoline rationing system that ended in 2015 and the restrictions could, and very likely will, harm ride-hailing companies, with drivers already complaining about low fares.
گران شدن سکه و طلا بر همه جوانب زندگی انسان امروزی تاثیر گذار شده است و همین امر باعث شده سود جویان زیادی به ضرب سکه های تقلبی در کشور بپردازند تا شاید کمکی باشند برای دولت در جهت کاهش قیمت طلا و سکه در بازار!
Governor of the Central Bank of Iran (CBI), Abdolnaser Hemmati announced that EU’s special payments channel for Iranian and European exporters will act as a bilateral monetary agreement between Iran and EU.