Whereas in March 2024, it was trading at 600,000 to the US dollar, one year later the rate has fallen to more than 1,000,000.

Isfahani, and Ali Vaez, Stanford University Press, 212 pages, $24If there's one part of foreign policy where President Donald ...

Iran’s economic crisis has reached a critical point, overshadowing its geopolitical maneuvering in the region. The recent dismissal of Economy and Finance Minister Abdolnaser Hemmati by the ...

Tehran, Iran – Iranian authorities are rolling out an electronic coupon scheme in recognition of the dire economic conditions under sanctions, but they are also hiking taxes across the board to ...

Iran’s economy minister has been impeached after parliament voted to dismiss him amid rising inflation and a falling currency. Abdolnaser Hemmati was removed from office after 182 of 273 ...

Iran’s parliament sacked the country’s economy minister on Sunday after impeaching him over soaring inflation and a plunging currency, state television reported. Economy Minister Abdolnaser ...

TEHRAN - Iran’s Parliament sacked the country’s finance minister on March 2 after impeaching him over soaring inflation and a plunging currency, state television reported. Economy and finance ...

On the black market, Iranian rial was trading at more than 920,000 to US dollar Economy and Finance Minister Abdolnaser Hemmati lost a vote of confidence, with 182 of 273 parliamentarians present ...