ANALYSIS: Why UK Is Imposing Sanctions on Founder of Ayandeh Bank
By Roshanak Astaraki
Ayandeh Bank, whose operating license was officially revoked late last month by the Islamic Republic of Iran Central Bank, is now being targeted by the UK government. The UK Foreign Office has...
ANALYSIS: Iran’s Currency Collapse Raises Risk of Nationwide Unrest
https://kayhanlife.com/business/irans-currency-sinks-to-a-new-record-low/
By Roshanak Astaraki
Iran’s accelerating currency crisis has propelled the U.S. dollar exchange rate to more than 130,000 tomans, heightening fears of widespread social unrest across the country as households suffer.
In recent days, Iran’s currency...
ANALYSIS: Islamic Republic Is Set to Post Major Budget Deficit in 2026-27
By Roshanak Astaraki
As work begins on next year’s budget bill, a looming deficit in the 2026–27 fiscal year has become a central concern. For years, successive governments of the Islamic Republic of Iran have...
EXCLUSIVE – G7 and EU Plan Maritime Services Ban on Russian Oil as Iran’s...
By Julia Payne, Jonathan Saul and Maria Cheng
BRUSSELS/LONDON/OTTAWA, Dec 5 (Reuters) - The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil exports with a full maritime services ban in...
FATF Keeps Iran on Blacklist, Citing Unfulfilled Commitments to Reform
By Colleen Goko, Sfundo Parakozov and Anathi Madubela
JOHANNESBURG, Oct 24 (Reuters) - Sub-Saharan Africa's largest economies, South Africa and Nigeria, have been removed from a global watchdog's list of countries subject to increased monitoring for illicit...
Inflation in Iran Is Causing Malnutrition and Food Insecurity, Data Shows
By Kayhan Life Staff
Statistics indicate that consumption of essential, nutritious foods in Iran has sharply declined amid rising inflation and the erosion of household purchasing power. As a result, a significant portion of the...
ANALYSIS: Iran Risks Severe Economic Downturn, Unrest as Renewed UN Sanctions Bite
By Parisa Hafezi
DUBAI, Oct 21 (Reuters) - Iran's economy is at risk of simultaneous hyperinflation and severe recession, officials and analysts say, as clerical rulers scramble to preserve stability with limited room to manoeuvre after a snapback of U.N. sanctions.
...
ANALYSIS: Collapsing Currency, Energy Shortages Hurt Iran’s Economy
By Roshanak Astaraki
Six months into Massoud Pezeshkian’s presidency of the Islamic Republic of Iran, his key economic promises are far from fulfilled. There is a significant disconnect between these promises and the actual performance...
Iran’s Currency Sinks to a New Record Low
DUBAI, Dec 8 (Reuters) - Iran's currency slipped to the lowest level in its history on Monday, nearing 1,250,000 rial to the U.S. dollar on the open rate market, various outlets including the semi-official Tasnim news...
Iranian Parliament Approves Currency Redenomination
DUBAI, Oct 5 (Reuters) - Iran has gained parliamentary approval for a monetary overhaul to remove four zeros from its national currency over the next few years to simplify transactions after years of inflation.
Years of inflation...
