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  • September 23, 2014
  • Last updated: 6:43am
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Results 1 - 7 of 7 for currency

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  1. News - World - IRAN

    US aims to make Iran's currency useless in global commerce

    Posted Jun 08th 2013, 12:00am by Bloomberg

    ... Bloomberg in Washington US aims to make rial useless in commerce The US wants to make Iran's currency useless in global commerce through an executive order that gives financial ... that exchanges rial to any other currency or that holds rial-denominated accounts." The move is intended to toughen sanctions to press the Islamic republic to halt its nuclear programme. According ...

  2. News - World - IRAN

    Iran and world powers fail to clinch nuclear deal

    Posted Nov 10th 2013, 03:50pm by Associated Press in Tehran

    ... and European Union economic sanctions that have cut oil revenues by more than half, caused the value of its currency to plunge and pushed inflation above 40 per cent. ...

  3. News - World - IRAN

    US says talks serious, after Iran hints at atomic concessions

    Posted Oct 17th 2013, 10:09am by Reuters in Geneva

    ... rial currency to plummet. Western officials have said that they need Iran to increase the transparency of its nuclear programme, stop enriching uranium to 20 per cent, reduce its uranium ...

  4. News - World - IRAN

    Moderate cleric Hassan Rowhani wins race for presidency in Iran

    Posted Jun 16th 2013, 12:00am by AFP

    ... promised to act to ease those sanctions, which have hobbled the economy. Inflation is running at more than 30 per cent, the Iranian currency, the rial, has lost nearly 70 per cent of its value, ...

  5. News - World - IRAN

    Iran still able to beat sanctions and sell oil to key markets in Asia

    Posted Sep 12th 2012, 12:00am by MCT

    ... in to provide the insurance necessary to deliver the oil. India has also allowed a handful of Iranian financial institutions to open accounts in the South Asian nation in the local currency, the rupee, ... China has negotiated discount rates for Iranian oil, although Tehran denies cutting prices. What is clear is that the more Tehran has to use local currencies and barter trades, the less it has ...

  6. News - World - IRAN

    Ahmadinejad denied visit to notorious Iranian prison

    Posted Oct 22nd 2012, 04:37pm by Reuters in Dubai

    ... of Ahmadinejad in parliament say his administration has mishandled a currency crisis and other economic fallout from the sanctions levied against Iran’s disputed nuclear programme. According to Iranian ...

  7. News - World - IRAN

    Iranian president criticises top judiciary official amid economic crisis

    Posted Oct 24th 2012, 12:00am by The New York Times in Tehran

    ... of an increasing economic crisis in Iran, where the currency has plummeted in value and the country's oil and banking sectors are confronting acute problems because of the Western sanctions. Analysts ...



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