Iranian Currency
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Rupee Edges Higher Against Dollar, Off 2-Week Low
Advances in the domestic equity markets along with government assurance that India will get additional supplies from other major oil producers to make up for loss of Iranian oil boosted the currency.
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Iranian Trader, Called "Sultan Of Coins", Executed For Gold Trafficking
Iran executed a trader dubbed the "Sultan of Coins" and his accomplice on Wednesday for exploiting a surge in gold demand from savers spooked by this year's currency crisis.
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Iranian Parliament Removes Finance Minister From Office
Iran's parliament sacked the minister of economic affairs and finance on Sunday, state media said, amid a sharp fall in the rial currency and a deterioration in the economic situation.
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Amid Looming US Sanctions, Iran's Rial Hits Record-Low, 100,000 To Dollar
Iran's currency hit a record low on Sunday of 100,000 rials to the dollar amid a deepening economic crisis and the imminent return of full US sanctions.
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India could save $8.5 billion by buying extra oil from Iran: Moily
In a letter to Prime Minister Manmohan Singh spelling out a strategy to curb foreign exchange outflow against a backdrop of a weak currency, Moily said India was likely to import about 13 million tonnes of oil from Iran in 2013/14.
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Barack Obama orders new economic sanctions on Iran
The Obama administration imposed new sanctions on Iran and its nuclear program, targeting the country's currency and auto industry and seeking to render Iranian money useless outside the country.
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Iran, in 'economic war,' sees currency dive to all time lows
Street traders were exchanging one dollar for 23,710 Iranian rials, according to several specialised websites with real-time rates and one trader reached by telephone. That represented a depreciation of more than three percent since yesterday and more than eight percent since last Wednesday, when President Mahmoud Ahmadinejad admitted on state tele...
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Iran's currency at record low, hits 21500 rials to the dollar
The collapse of the Iranian currency is a sign of the effect Western sanctions over Iran's nuclear program.
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Foreigner arrested in Kerala for possessing fake currency
An Iranian national has been arrested in Kochi for allegedly possessing fake currency notes, police said.
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Rupee Edges Higher Against Dollar, Off 2-Week Low
Advances in the domestic equity markets along with government assurance that India will get additional supplies from other major oil producers to make up for loss of Iranian oil boosted the currency.
-
Iranian Trader, Called "Sultan Of Coins", Executed For Gold Trafficking
Iran executed a trader dubbed the "Sultan of Coins" and his accomplice on Wednesday for exploiting a surge in gold demand from savers spooked by this year's currency crisis.
-
Iranian Parliament Removes Finance Minister From Office
Iran's parliament sacked the minister of economic affairs and finance on Sunday, state media said, amid a sharp fall in the rial currency and a deterioration in the economic situation.
-
Amid Looming US Sanctions, Iran's Rial Hits Record-Low, 100,000 To Dollar
Iran's currency hit a record low on Sunday of 100,000 rials to the dollar amid a deepening economic crisis and the imminent return of full US sanctions.
-
India could save $8.5 billion by buying extra oil from Iran: Moily
In a letter to Prime Minister Manmohan Singh spelling out a strategy to curb foreign exchange outflow against a backdrop of a weak currency, Moily said India was likely to import about 13 million tonnes of oil from Iran in 2013/14.
-
Barack Obama orders new economic sanctions on Iran
The Obama administration imposed new sanctions on Iran and its nuclear program, targeting the country's currency and auto industry and seeking to render Iranian money useless outside the country.
-
Iran, in 'economic war,' sees currency dive to all time lows
Street traders were exchanging one dollar for 23,710 Iranian rials, according to several specialised websites with real-time rates and one trader reached by telephone. That represented a depreciation of more than three percent since yesterday and more than eight percent since last Wednesday, when President Mahmoud Ahmadinejad admitted on state tele...
-
Iran's currency at record low, hits 21500 rials to the dollar
The collapse of the Iranian currency is a sign of the effect Western sanctions over Iran's nuclear program.
-
Foreigner arrested in Kerala for possessing fake currency
An Iranian national has been arrested in Kochi for allegedly possessing fake currency notes, police said.
