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 […]

Week in Brief

Week in Brief 09.03.2018

The Minister of Road and Urban Development and the Minister of Labour will go to the parliament next week. MPs have given them ten days to prepare for the interpellation. This is the third time, […]

Industries

Week n Brief 02.03.2018

Housing market in big cities has been flourishing over the last few months, experiencing a maximum of 20 percent increase in prices. According to Ali Chegini, Head of Planning Department at Ministry of Economic Affairs […]

Banking

Week in Brief 23.02.2018

Tehran to Yasuj flight operated by Aseman Airline was lost 50 minutes after takeoff on Saturday morning. Shortly after, Iran Airports Company confirmed that the aircraft, an ATR 72, a twin engine turboprop, had crashed on […]

Banking

Week in Brief 16.02.2018

Devaluation of Iranian Rial and the fluctuations in Forex market have become the daily, even hourly, topic. On Tuesday, the Police stopped some foreign currencies’ speculators. The Central Bank of Iran said that every evening […]

Week in Brief

Week in Brief 09.02.2018

As extreme air pollution shuts down the schools once again for three days, the President announces the launch of a plan to reconstruct the transportation fleet. The plan permits the old commercial vehicle owners to […]

Banking

Week in Brief 02.02.2018

It was a surprise that for the first time after the Islamic Revolution, the parliament rejected next year’s budget bill. A number of representatives have said that the unfair allocation of budget to cities is […]

Banking

Week in Brief 26.01.2018

One of the hottest topics of the week was the exchange rate for the US dollar which reached 47000 IRR on Monday. While exchange offices refused to buy and sell dollars, the Governor of the […]