May 2016
Zarif: The U.S. Should Provide More Guarantees to European Banks for Trade with Iran
Iran's Foreign Minister Zarif called on the U.S. to provide guarantees to European banks to facilitate trade with Iran, citing ongoing concerns about U.S. penalties.…
US: No Restrictions on Foreign Banks' Dollar Cooperation with Iran
Adam Zubin from the US Treasury clarified that while the US will block Iran's access to its financial system, foreign banks can still trade with…
Inflation Rate Approaches Single Digits
Iran's inflation rate has dropped to 10.4% in May 2016, nearing single digits for the first time in years, as reported by the Central Bank…
Another Attempt to Lift Banking and Financial Sanctions Against Iran
Valiollah Seif, head of Iran's Central Bank, attended a conference in London to advocate for the lifting of banking sanctions against Iran, emphasizing the need…
Zarif: Practical Actions Must Accompany Statements for JCPOA Implementation
Iran's Foreign Minister Mohammad Javad Zarif emphasized the need for practical actions alongside supportive statements from Western powers regarding the JCPOA. Despite some sanctions being…
Rouhani's Promises to Qom's Religious Authorities
Iranian President Hassan Rouhani met with eight religious authorities in Qom, emphasizing cooperation to solve public issues, particularly employment and livelihood. The meeting comes amid…
Seif: It Cannot Be Claimed That International Banking Relations Have Normalized
Valiollah Seif, the Governor of Iran's Central Bank, expressed dissatisfaction with the current state of international banking relations, emphasizing that they have not yet normalized…
Seif: Iran's Lack of Access to Global Markets Delays Currency Unification
Valiollah Seif, head of Iran's Central Bank, stated that Iran's lack of access to global financial markets is delaying efforts to unify its dual currency…
IMF Recommendation: Iran Must Adapt to Low Oil Prices
David Lipton from the IMF emphasizes that Iran needs to adapt to low oil prices and improve its economic policies to benefit from lifted sanctions.…
Iraqi: Only Small European Banks Are Interacting with Iran
Abbas Araghchi stated that only small European banks are currently interacting with Iran due to fears stemming from sanctions and lobbying efforts. He emphasized that…
Seif Expresses Hope for Iranian Banks to Exit 'Black List'
Valiollah Seif, the Governor of Iran's Central Bank, expressed optimism about Iranian banks potentially being removed from the FATF's black list following a recent meeting…