Currency - Press Shia Agency

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Iran, Turkey foiled Israeli plot in N Iraq: Larijani

Iran, Turkey foiled Israeli plot in N Iraq: Larijani

TEHRAN, Nov. 21 (Press Shia Agency) – Iran-Turkey cooperating in preserving Iraqi territorial integrity was very important, says Ali Larijani, the Iranian Parliament Speaker in his meeting with his Turkish counterpart İsmail Kahraman on Tuesday.Iran-Turkey cooperating in preserving Iraqi territorial integrity was very important, says Ali Larijani, the Iranian Parliament Speaker in his meeting...

Iran, Austria to trade in non-dollar currencies

Iran, Austria to trade in non-dollar currencies

TEHRAN, Nov. 16 (Press Shia) –An Austrian bank official said that to reassure traders and businessmen, Kontrollbank will support non-dollar currencies in trade transactions between Iran and Austria. “Our traders and businesspeople are worried about US new sanctions against Iran and to relieve their stress we are offering non-dollar currencies transaction services,” said an official of...

Rial redenomination possible only after 2019

Rial redenomination possible only after 2019

TEHRAN, Apr. 02 (Press Shia) – Central Bank Governor Valiollah Seif has said dropping few zeros from banknotes will be possible only after 2 years.Mr. Seif said the current budget had not allocated any sum for zero-dropping scheme which had haunted many in the community of economic analysts as the panacea for economic woes and depreciation; “Central Bank has sent a proposal to the government...