search
Iran's Central Bank
An Iranian man withdraws money from an ATM machine at a Bank Sepah in the capital Tehran on January 19, 2016. (AFP/Atta Kenare)
March 2, 2019, 4:54 pm
Iran merges military financial institutions with bank under US sanctions
Move to reform the country’s banking system and financial markets comes as Tehran seeks to ease economic crisis
By Agencies and TOI staff
The Iranian Central Bank in Tehran. (CC BY-SA Ensie & Matthias, Flickr)
January 18, 2018, 4:04 pm
Iran’s central bank claims billions from German stock exchange
Bank Markazi demands some $4.9b of assets from Deutsche Boerse’s Luxembourg subsidiary, which blocked money after US accused Tehran of funding terrorism
By AFP
The Iranian Central Bank in Tehran. (CC BY-SA Ensie & Matthias, Flickr)
September 16, 2017, 12:49 pm
China provides $10 billion credit line to Iran
Funds that will help Tehran bypass US sanctions will reportedly finance water, energy and transportation projects
By AFP
American ex-president Ronald Reagan and his wife, Nancy, view the caskets of American diplomats killed in the 1983 bombing of the US Embassy in Beirut, Lebanon. (Courtesy Ronald Reagan Presidential Library)
April 22, 2016, 3:11 am
Iran says US court’s $2b verdict for terror victims’ families is ‘theft’
Tehran rejects Supreme Court decision on its culpability in 1983 Beirut attack, says it will hold US government responsible for loss of frozen funds
By AP
American ex-president Ronald Reagan and his wife, Nancy, view the caskets of American diplomats killed in the 1983 bombing of the US Embassy in Beirut, Lebanon. (Courtesy Ronald Reagan Presidential Library)
April 20, 2016, 7:36 pm
US Supreme Court: Iran owes $2b to terror victims’ families
Claimants, including relatives of 241 Marines slain in 1983 Beirut attack, will be able to demand compensation from Iranian central bank
By Mark Sherman
Iranian school-girls attend President Hassan Rouhani's speech to parliament before presenting the proposed annual budget in the capital Tehran, on January 17, 2016. (AFP / ATTA KENARE)
January 17, 2016, 9:32 pm
Iran welcomes sanctions’ end, but tough thaw ahead
$100 billion in assets are set to be released and oil ready to be marketed but global economy is facing tough times
By ALI AKBAR DAREINI and Jon Gambrell
An Iranian oil worker rides his bicycle near an oil refinery south of the capital, Tehran, December 22, 2014. (AP/Vahid Salemi)
January 17, 2016, 3:34 am
Multinationals ready to jump into Iran market
After nuclear accord implementation, an economy desperate to modernize is seeing global businesses eager to help
By AFP
Iran's leaders attend a 2013 ceremony marking the anniversary of the death of Ayatollah Khomeini at his shrine just outside Tehran (AP Photo/Office of the Supreme Leader)
June 19, 2015, 8:35 pm
US: Iran’s sponsorship of global terror is ‘undiminished’
Annual report, released as nuclear deal deadline looms, highlights Revolutionary Guards as primary terror mechanism; hails Abbas for reducing incitement
By Rebecca Shimoni Stoil
Iranian billionaire Babak Zanjani (screen capture: YouTube/Lenziran Newsvideo)
December 30, 2013, 11:33 pm
Iranian tycoon said arrested
Babak Zanjani, blacklisted by the US for trying to avoid sanctions, detained on corruption charges
By AP
The Iranian Central Bank in Tehran. (CC BY-SA Ensie & Matthias, Flickr)
January 21, 2013, 10:37 pm
Iran’s central bank head reportedly dismissed
Mahmoud Bahmani is accused of withdrawing funds from banks in the middle of the night
Iranians walk at the gold market of Tehran's old main bazaar. (photo credit: AP)
November 7, 2012, 4:20 pm
Iran inflation soars to 24.9 percent
Rial loses about 50 percent of its foreign exchange value during October
The Senate side of the United States Capitol building in Washington, DC (Wikimedia Commons/File)
From the WebOctober 6, 2012, 6:45 am
As rial plunges, US Congress looks at expanding Iran sanctions
Reuters: Measures include penalties on banks that handle large transactions with Iran’s Central Bank and freezing foreign currency reserves held in banks outside the country
The Iranian Central Bank in Tehran. (CC BY-SA Ensie & Matthias, Flickr)
July 31, 2012, 3:54 pm
Economic sanctions are ‘military war,’ Iranian bank chief says
Mahmoud Bahmani says Tehran must retaliate with its own financial countermeasures
US Secretary of State Hillary Rodham Clinton (photo credit: Miriam Alster/Flash90)
March 21, 2012, 12:38 am
US exempts 11 countries from Iran sanctions
Another 12 nations, including China and India, face US sanctions over petroleum purchases
Prime Minister Benjamin Netanyahu (photo credit: Amit Shabi/POOL/Flash90)
March 16, 2012, 12:23 am
PM praises SWIFT sanctions on Iran, as Tehran warns Israel will ‘end’ if it strikes nuclear sites
EU move severs more than 30 Iranian banks from vital financial hub
By Elizabeth Blade and AP
Load More