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Iran arrests currency traders as rial collapses
Iranian police arrested around 100 money changers on Wednesday as they scrambled to contain the decline of the rial, which has lost a quarter of its value in six months.
Russia eyes national currencies for trade settlements with Iran
Russia hopes to achieve progress in talks with Iran on using national currencies in settlements in 2018, said Russia's ambassador to Iran.
Tehran, Baku keen on national currencies in trade exchanges
Azerbaijani President Ilham Aliyev in a meeting with Iranian President's Chief of Staff Mahmoud Vaezi on Thursday said that the two countries should try to do their trade exchanges with national currencies.
Venezuela unveils virtual currency amid economic crisis
Venezuelan President Nicolas Maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis.
Turkey, Iran will use national currencies in trade
Turkey and Iran will use national currencies in trade to further improve mutual turnover between the two countries.
Iran, Turkey sign deal to trade in national currencies
Iran and Turkey signed a draft agreement to conduct trade in their own currencies instead of traditional foreign currencies such as the euro and the dollar.
Egypt's foreign currency reserves jump by $391m
The Central Bank of Egypt (CBE) said its foreign currency reserves rose by $391 million in September to stand at $36.53 billion.
Digital currency start-ups shrug off SEC warning on fund raising
Technology companies looking to raise money by issuing digital coins are moving forward with their plans despite a US regulator's decision that their offerings may be subject to tough securities laws.
Currency war is growing threat to global trade
Round numbers carry a significance that defies rationality. There is no quantity more important in mathematics than 3.14159, yet humans fixate on big numbers such as 20,000, which the Dow Jones Industrial Average came within a point of hitting on Friday. Close, but no cigar.
Turkish lira sinks to record low vs. US dollar amid high inflation
The value of the troubled Turkish currency, lira, has crashed to a record low against the US dollar due to growing security concerns after the Istanbul terror attack as well as a higher-than-expected inflation rate.
Venezuela postpones currency move after chaos, protests
Venezuelan President Nicolas Maduro suspended the elimination of the country's largest denomination bill, which had sparked cash shortages and nationwide unrest, saying the measure would be postponed until early January.
D-8 backs Erdogan's call to use national currencies in trade
General Secretary of the Developing Eight (D-8) Ali Mohammad Mousavi has expressed support for Turkish President Recep Tayyip Erdogan's recent call to use national currencies in bilateral trade.
Iran to switch currency from rial to toman
Iran is gearing to switch its national currency back to the toman – a move that would end the rein of the rial after around 90 years and also could boost the value of the country’s national currency against the US dollar.

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