Week in Brief

Week in Brief 15.06.2018

After the fall in the value of the Iranian rial, IRR, in April 2018, the Government unified the currency exchange rate of the dollar, hoping to control the currency market. Importers were asked to place […]

Automotive

Week in Brief 01.06.2018

A week ago, Citroen offered its C3 model manufactured in Iran. Amid extensive stagnation at various markets in Iran, 2000 cars were sold in few minutes to be delivered in six months. Previously, Peugeot pre-sold […]

Week in Brief

Week in Brief 25.05.2018

The Ministry of Labor and Social Welfare has released a report, indicating that the number of households run by women has been growing significantly over the last decade. From 21 million Iranian households, currently 3 […]

Week in Brief

Week in Brief 18.05.2018

Although unrelated to economy, we believed this good news would lighten up our newsletter. On Saturday, the Iranian women’s futsal team became the Asian champions. The team managed to defeat Japan 5 to 2 in […]

Week in Brief

Week in Brief 11.05.2018

On Tuesday, Mr Trump pulled America out of the nuclear deal with Iran, giving 90 to 180 days to the companies and foreign governments to wind-down their businesses with Iran. Iran, however, picked a rather […]

Week in Brief

Week in Brief 04.05.2018

Tehran International Book Fair, the largest cultural event in Iran, was inaugurated on Wednesday, May 2. In 2018, 1900 Iranian and 149 foreign publishers from 21 countries participated. What can distinguish Tehran Book Fair from […]

Week in Brief

Week in Brief 27.04.2018

In a ceremony introducing the NIMA currency system, Vice President, Eshaq Jahangiri emphasized the Government’s decision to control the currency market even if some people may be planning to disrupt financial stability. He mentioned the […]

Week in Brief

Week in Brief 20.04.2018

A week ago, the government set a unified market rate for the US dollar, after decades, which could be seen as a positive development. However, the rate at 42 thousand IRR per USD seems unrealistic […]

Week in Brief

Week in Brief 13.04.2018

As soon as the new year holidays were over, devaluation of Rial was resumed. The exchange rate for one USD at market price reached 62000 IRR, making the gap between the unofficial and official exchange […]

Agriculture

Week in Brief 16.03.2018

This week three ministers well called to the Parliament to answer the questions of MPs. All of them passed the test. The interpellation of the Minister of Labor and Social Welfare, Ali Rabeii and the […]