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July 2018
July 28, 2018
The Price of Government Dollar Exceeds 4400 Tomans
The Central Bank of Iran has raised the government dollar rate to 4403 tomans amid ongoing economic turmoil, with raw materials for production now excluded…
July 19, 2018
Iran's Gas Flaring Increases for the Third Consecutive Year
Iran's gas flaring has increased for the third consecutive year, burning 17.7 billion cubic meters of gas last year, valued at around $4 billion. This…
July 10, 2018
Erdogan Sworn in as New President of Turkey
Recep Tayyip Erdogan has been sworn in as Turkey's new president, gaining unprecedented powers following the abolition of the Prime Minister's position. His election comes…
July 4, 2018
Central Bank of Iran Announces Launch of 'Secondary Currency Market'
The Central Bank of Iran has launched a secondary currency market aimed at stabilizing the currency exchange rate, with rates determined through agreements between importers…