A recent statement from the Iranian Chamber of Commerce, Industries, ... Whether the switch from the rial to the toman will bring much improvement to the economy seems doubtful.

The Central Bank of Iran will start a central bank digital currency (CBDC) pilot on Thursday, according to the news service of the country's Chamber of Commerce, Industries, Mines and Agriculture ...

A street money exchanger holds Iranian and U.S. banknotes in downtown Tehran, Iran. Iran’s currency has struck an all-time low this week, trading at 41,600 rials to $1, Monday, Dec. 26, 2016.

Iran’s rial plunged from 98,000 IRR/USD on Saturday to 112,000 IRR/USD on Sunday on Tehran’s Ferdowsi Street. That stunning 12.5% one-day plunge has pushed the rial into a classic death spiral.

A member of Iran’s Chamber of Commerce Sadegh Savaedi said that the price of the dollar could fall by as much as 10% in the coming days. Savaedi said that the price of safe-haven currencies had ...

Trump criticizes Iran at United Nations 06:54. Tehran - The head of Iran's Central Bank announced Monday that the nation's currency was set to be re-named and re-valued.Long called the rial, Iran ...

The Central Bank of Iran will make a pilot launch of a central bank digital currency (CBDC) on Thursda, the Iranian Chamber of Commerce has announced. The so-called “crypto-rial” has been in ...

Iran's currency fell below the psychologically key level of 1,000,000 rial per U.S. dollar on Tuesday, as market participants saw no end in sight to sanctions under U.S. President Donald Trump's ...

The Central Bank of Iran will start a central bank digital currency (CBDC) pilot on Thursday, according to the news service of the country's Chamber of Commerce, Industries, Mines and Agriculture ...