Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati, in an Instagram post on Monday, said that the value of his country’s national currency had improved by 21 percent, adding that Tehran has succeeded in overcoming US sanctions.
Iran’s national currency regains value by 21%: CBI
Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that he expects further production decrease during the next meeting of the Organization of the Petroleum Exporting Countries (OPEC) in December.
Zanganeh sees more output cuts at next OPEC meeting
The customs office at the southern port of Shahid Rajaei is providing domestic new technology-based firms (NTBFs) with special services to facilitate their foreign trade.
Official: Iranian customs facilitating services for NTBFs
British Airways owner IAG said on Monday it had agreed to buy Spanish carrier Air Europa for one billion euros ($1.12 billion) in cash, bolstering its ability to compete for European travel to Latin America and the Caribbean through Madrid.
IAG looks westward with 1b-euro Air Europa purchase
India's gold imports fell for a fourth straight month in October from a year ago as near record-high prices dampened buying during key festivals in the world's second-biggest consumer of the metal, a government source said on Monday.
India gold imports drop 33%
US Commerce Secretary Wilbur Ross said the Trump administration remained ‘fully committed’ to the Indo-Pacific, amid questions over US strategy in the region fueled by the president’s absence from a regional summit.
Progress made on Asia trade deal: Ross
As the world’s central banks loosen monetary policy to support growth and rekindle inflation, central banks in eastern Europe reckon the best option for now is to do nothing.
East Europe to resist global rate-cut push with economies strong
Iran exported 80 percent more electricity, especially to neighboring countries, in the current Iranian year (started March 21).
Iran's power exports up 80%
Experts at the National Iranian Drilling Company (NIDC) successfully designed and built batch mixers, which are used in well acidizing operations on offshore platforms.
NIDC manufactures well acidizing equipment
Iran’s leading carmaker Iran Khodro Company (IKCO) denied reports that it wants to establish a large production site in Turkey.
IKCO denies reports it is building plant in Turkey

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