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Zimbabwe bourse CEO bemoans 80% currency crash ravaging market
When it comes to adverse conditions for stock-market trading, Zimbabwe’s bourse belongs in a special category for extreme cases.
Iran’s national currency regains value by 21%: CBI
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.
Iranian currency regains 40% of value: CBI chief
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said US attempts to bring the country's economy down, have failed as the value of the national Iranian currency has bounced back by 40 percent.
Petrochemicals top Iran's foreign currency earners: Minister
Petrochemicals have become Iran's biggest driver of foreign currency income from exports ever since US sanctions limited the OPEC member's crude sales, Oil Minister Bijan Namdar Zanganeh said on Sunday.
Top gov’t council extends CBI’s authority  to manage foreign currency market
The Supreme Council of Economic Coordination decided to extend the authority of the Central Bank of Iran (CBI) for managing the exchange market for the purpose of stability in the foreign currency market.
Iran, Turkey discussing national currency use in bilateral trade
Iranian and Turkish banks are working on a plan to establish a financial channel between the two countries based on national currencies, in a bid to evade US sanctions against Tehran, Secretary of the Joint Iran-Turkey Economic Commission Bahman Hosseinpour said.
South Korean won likely to further ascend
The South Korean won is expected to further advance against the US dollar for some time on what analysts called long-awaited but unanticipated positive developments that helped remove some uncertainties facing Asia's fourth-largest economy.
Iran currency plan unaffected by Europe's proposed credit line: CBI chief
Iran’s chief banker said the country would stick to its current plans for currency regulation regardless of a European proposal for setting up a credit facility that could help revive a nuclear deal between Tehran and world powers.
Argentina imposes currency controls to support economy
Argentina has imposed currency controls in a bid to stabilize markets as the country faces a deepening financial crisis.
Iran to scrap rial as parseh becomes small currency unit
The rial, the currency unit used consistently in Iran for almost a century, will be totally abandoned once the country introduces a redenomination.
Iran’s plans to cut zeros from rial would cost nearly $160m: Report
A report shows that Iran should spend around $160 million to implement a plan for overhaul of the national currency rial.
CBI: Eliminating zeros from national currency not to impact inflation rate
The Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that deleting four zeros from the national currency will have no impact on the inflation rate, adding that the central bank is ready to implement the plan.
China says US currency manipulator labeling could cause chaos in financial markets
China’s central bank said on Tuesday that Washington’s decision to label Beijing as a currency manipulator would “severely damage international financial order and cause chaos in financial markets”.
Iran’s govt. decides to drop four zeros, rename currency
The Iranian government on Wednesday approved a plan proposed by the Central Bank of Iran to remove four zeros and rename the currency.
Iran to launch Structured Currency Market in early August: CBI
The Central Bank of Iran (CBI) announced that a long-anticipated initiative for launching a semiofficial market that could positively impact currency exchanges in the country will take shape next month.

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