Iran’s Central Bank Unveils New Regulatory Package, Lifts Ban on Currency Trade
TEHRAN (Tasnim) – Governor of the Central Bank of Iran unveiled a new package of regulations on foreign currency trade which lifts a ban on the activity of money exchange markets.
Iranian MP: US Trade War Upsetting Int’l Relations
TEHRAN (Tasnim) – An Iranian lawmaker decried the US administration for waging a trade war in defiance of the long-standing norms of international relations, saying such an American policy will backfire.
German Energy Firms to Visit Iran Int’l Gas Show
TEHRAN (Tasnim) – Senior executives from German gas and energy companies are scheduled to visit the First Iran International Gas Show (IRGS 2018) to be held in Tehran in September.
Negotiations on Iran-Pakistan Gas Project Likely Next Month
TEHRAN (Tasnim) – Iran and Pakistan may start a new round of talks on how to advance a long-awaited gas pipeline project between the two countries in September, an official said.
Scania Says Working to Deliver Spare Parts to Iran after US Sanctions
TEHRAN (Tasnim) – Scania’s entire sales into Iran could be lost if the United States reinstates sanctions against the country, the Swedish truckmaker’s head warned on Friday.
Five Purchased ATR Planes to Land in Iran Tomorrow
TEHRAN (Tasnim) – Five more turboprops that Iran has purchased from ATR aircraft manufacturer will arrive in the country on Sunday morning to be added to the Iran Air’s fleet, the Iranian company said.
Iran Prosecutor General Alarms Those Behind Price Hikes
TEHRAN (Tasnim) - Prosecutor General of Iran Mohammad Jafar Montazeri gave a stern warning to the elements behind the recent fluctuation in currency rates and price hikes in the country, warning them to stop betraying the nation before facing the consequences of their actions.
Iranian Intelligence Smashes Fake Money Ring
TEHRAN (Tasnim) – Iran’s Intelligence Ministry forces in the northwestern province of West Azarbaijan disbanded four criminal rings that issued counterfeit banknotes, minted fake gold coins, and smuggled foreign currency.
China Rejects US Request to Cut Iran Oil Imports: Report
TEHRAN (Tasnim) – The US has been unable to persuade China to cut Iranian oil imports, according to two officials familiar with the negotiations, dealing a blow to US President Donald Trump’s efforts to isolate the Islamic Republic after his withdrawal from the 2015 nuclear accord.
Austria’s OMV Calls for More EU Defense against US Iran Sanctions
TEHRAN (Tasnim) – The CEO of Austrian energy company OMV called on Europe's politicians to do more to protect EU companies from the returning US sanctions against Tehran.
India Loaded 12% Less Iranian Oil in June: Report
TEHRAN (Tasnim) – Indian refiners ordered about 12 percent less Iranian oil in June than in May, when the US said it would reintroduce sanctions on Iran, but sales remained around 50 percent higher than a year ago.
France Says ‘Hopeful’ ATR Can Deliver Planes to Iran
TEHRAN (Tasnim) – The French minister of economy and finance expressed hope that the ATR aircraft manufacturer will be able to get permission from the US to deliver eight planes to Iran before August 6 despite the sanctions imposed on Tehran.
Iran Currency’s Value Continues to Fall
TEHRAN (Tasnim) – While Iran’s market has experienced a hike in the value of foreign currencies and gold coin prices in recent months, the Iranian money plunged to a record low against the US dollar in the unofficial market, which is being offered for as much as 110,000 rials Monday.
Iranian, Turkish Banks to Use National Currencies in Bilateral Trade: Official
TEHRAN (Tasnim) – Iran’s Deputy Minister of Industry, Mine and Trade Sadeq Najafi announced that the two countries have reached an agreement on the exchange of Turkish lira with Iranian rial in banking transactions.
Joining FATF to Be ‘Very Dangerous’ for Iran: US Prof.
TEHRAN (Tasnim) – An American writer said it would be “very dangerous” for Iran to join the Financial Action Task Force at this time, noting that the European parties of the JCPOA would withdraw from the nuclear agreement if Iran refuses to join the international watchdog.
Iran Lodges Complaint against US Sanctions on Persian Carpets: Official
TEHRAN (Tasnim) – The head of Iran National Carpet Center (INCC) deplored the US sanctions on hand-woven Persian carpets as a breach of international protocols and said the Islamic Republic has filed complaints against the embargoes.
Iranian Cabinet Appoints New CBI Chief
TEHRAN (Tasnim) – Abdonnaser Hemmati was appointed as the new governor of the Central Bank of Iran (CBI), replacing Valiollah Seif, after the Iranian cabinet gave him a vote of confidence.
Enemy Focusing on Iran’s Oil Sales, Banking Transactions: Larijani
TEHRAN (Tasnim) – Iranian Parliament Speaker Ali Larijani warned of the US administration’s plots to increase pressures against the Islamic Republic in various economic fields, oil exports and banking transactions in particular.
