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January 2016
January 19, 2016
Central Bank of Iran Chief: $32 Billion in Frozen Assets Will Be Released
The Governor of the Central Bank of Iran announced that $32 billion in frozen assets will be released following the lifting of sanctions, with $28…
January 14, 2016
Cancellation of Private Exchange Licenses in Azerbaijan
Azerbaijan has canceled licenses for private currency exchange offices, allowing only banks to conduct foreign currency transactions due to the manat's significant devaluation. This decision…
January 8, 2016
World Bank: 6% Growth for Iran's Economy in 2016
The World Bank projects Iran's economic growth to rise to 5.8% in 2016 and peak at 6.7% in 2017, primarily due to the expected release…