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Iran's cryptocurrency research lab formed to develop national digital currency
A blockchain and cryptocurrency research lab was set up in Iran on Wednesday, said the head of a company contracted by the Central Bank of Iran to design and develop a national digital currency.
Expert: National currency's value can be increased by supporting production
The value of Iran's national currency can be increased by strengthening local production, not by slashing four zeros from the currency, said an Iranian economy expert.
Central Bank of Iran proposes slashing four zeros from currency
The Central Bank of Iran proposed slashing four zeros from its currency, the CBI governor said on Sunday, after it plunged due to the US sanctions.
Euro currency remains a work in progress on 20th birthday
The euro is about to celebrate its 20th birthday, but the countries that use it are still wrestling over how the shared currency should work and how to fix flaws exposed by the debt crisis that marred its second decade.
CBI reassures control of foreign currency market
The Central Bank of Iran (CBI) has reassured that it is in full control of the foreign currency exchange market, said the bank's governor.
Official: Iran, Iraq in talks on trade in national currencies
The central banks of Iran and Iraq are finalizing negotiations to begin trade in their national currencies, said the chairman of Iran-Iraq Chamber of Commerce.
Central bank adviser says China should defend currency at seven yuan per dollar
China should not allow the yuan to fall below seven per dollar or attempts to stabilize the currency will become more costly on the country’s foreign exchange reserves, Sheng Songcheng, an adviser to the People’s Bank of China, said on Saturday.
CBI: Currency swap underway with several countries
Iran has launched financial channels with a number of countries to conduct money transactions to confront the US sanctions, Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced on Tuesday.
Leader urges CBI to boost currency
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei ordered the Central Bank of Iran (CBI) to boost the value of rial, the bank’s governor said on Saturday, after a months-long plunge in the currency due to a faltering economy and US sanctions.
Use of national currencies in Russia-Iran trade on the rise
Over 20 percent of the payments in Russia-Iran trade are currently made in national currencies and this figure is on the rise, said Iran's ambassador to Russia.
Russia may switch to settlements in national currencies with Iran: Novak
Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran, Russian Energy Minister Alexander Novak told Anadolu Agency on Sunday.
CBI: No currency shortage for aviation firms
Central Bank of Iran (CBI) on Wednesday dismissed claims of currency shortage for aviation companies, and said making currency available has always been on its agenda.
Russia backs switching to national currencies
Transitioning to mutual settlements in national currencies could open prospects for countries of the Shanghai Cooperation Organization (SCO), according to the Russian prime minister.
VP apologizes to Iranians over economic issues as rial gains
Vice President Es’haq Jahangiri on Tuesday apologized to Iranians over economic problems cropped up amid US sanctions, assuring that authorities are working round the clock to tackle them.
Official: Iran, Russia should start trade based on local currencies
Iran and Russia should start trade exchanges based on local currencies to confront US sanctions, said a member of the United Russia Political Party.

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