Economyone year ago
ACU summit in Tehran discusses substitutes for US dollar
Officials of the Asian Clearing Union meet in Tehran to discuss the use of alternative currencies as substitutes for the US dollar.
banking
Islamic banking in ascendancy: The case of Iran
Russian ATMs to accept Iranian bank cards in late August: CBI chief
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Businessone year ago
More US consumers are falling behind on payments
Consumers in the US are falling behind their credit card and loan payments.
Economyone year ago
Iran launches banking scheme to offer factoring services
Iran’s finance ministry launches a first banking scheme to offer factoring services to businesses.
Economyone year ago
US blacklists 39 entities for helping Iran evade banking sanctions
The US imposes sanctions on 39 entities it says have facilitated Iran’s access to global financial system.
Economyone year ago
Iran officially raises interest rate to 23%
Iran’s High Council of Money and Credit raises interest rate by 5% to 23%.
Economyone year ago
Iranian state banks raise interest rate by 7% to 25%: Report
A report by Iran’s Tasnim news agency shows state banks in the country have raised interest rate by 7%.
Economy2 years ago
Iran says jail sentences for bounced checks down by over 80%
A new law adopted in 2017 in Iran led to an 80% reduction in people jailed for bouncing checks.
This makes it easy to access the Press TV website