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Iran, Russia eyeing digital currency to sidestep sanctions
As Iran is facing the risks of returning US sanctions, one of the country's lawmakers has raised the idea of Tehran-Moscow transactions using digital currencies to bypass the sanctions.
Iran, Pakistan to implement currency swap deal soon: Envoy
A currency swap agreement and resumption of banking channels between Iran and Pakistan is under process, said Iran's ambassador to Pakistan.
Minister: Unification of currency rates stems smuggling
Minister of Economy Masoud Karbasian said that the government's recent decision on the unification of official and free-market rates will prevent smuggling of goods.
President: Gov’t currency policy aimed at decreasing people’s concerns
President Hassan Rouhani described a recent currency policy adopted by the government as an important step for decreasing the concerns of the people, producers and businessmen.
Economists call for floating foreign currency rates
Iran's currency continues to hit fresh lows against the US dollar these days. This has raised serious concern among different people from walks of life, including economic experts.
Dollar reaches record high against Iran’s Rial
Iran’s national currency the Rial plunged above 6 percent against the US dollar in free market on Sunday thus deteriorating a depreciation streak that started over the past few months.
Russia mulls oil payments in national currencies for Turkey, Iran
Russia is considering an option of payments for oil in national currencies, in particular with Turkey and Iran, Energy Minister Alexander Novak told reporters.
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.

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