Iran appoints new central bank governor after protests as currency hits record low
The US dollar traded at 1.38 million rials on Wednesday, compared with 430,000 rials when the previous governor took office in 2022....
Dec 31Euronewseconomics
The US dollar traded at 1.38 million rials on Wednesday, compared with 430,000 rials when the previous governor took office in 2022....
Anger over collapse of currency has provoked largest demonstrations in Islamic republic in years...
The economic situation is likely to worsen as Iran's Central Bank drastically reduced the subsidised exchange rates for dollars it offers to importers and producers....
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Only three CBDCs have been successfully launched around the world so far, in Nigeria, the Bahamas, and Jamaica, although many jurisdictions are considering it as an option....
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As Iran's nationwide protests increase the pressure on Iran’s civilian government and its Supreme Leader Ayatollah Ali Khamenei, Nadia Massih is pleased to welcome Dr. Ammar Maleki, Director/Founder o...
RAKBank's in-principle nod from the Central Bank of the UAE to launch a dirham-backed stablecoin adds a homegrown bank to the UAE’s stablecoin race....
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FT poll shows preference for former Spanish and Dutch central bank heads to replace Christine Lagarde...
Germany's perennial debate over safety has flared up once again as fireworks sales resume ahead of New Year. Meanwhile, a spate of black ice has caused numerous accidents across the country. Follow ou...
A Cambodian bank founded by accused scam boss Chen Zhi, who has been indicted by the United States over a multibillion-dollar fraud and extradited to China, was ordered liquidated on Thursday, Cambodi...
When the United Nations General Assembly unanimously recognised Turkmenistan’s status of permanent neutrality in December 1995, few could have predicted quite how central this principle would become t...
China’s yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets the central bank will allow a gradual appreciation to boost market confidence....
Videos verified by the Observers team show Iranian security forces attacking a hospital in Ilam, Iran, on the night of 3-4 January. The footage shows security forces firing shotguns and tear gas as th...
President Faustin Archange Touadera has secured a third term, though the main opposition coalition boycotted the presidential election. Touadera is one of Russia's closest allies in Africa....
The demonstrations, which were sparked by anger over the rising cost of living, have been met with a crackdown by Iran's Islamic regime. Donald Trump has said the US will hit Iran "very hard" if prote...
New TVs from TCL and Hisense, like the TCL X11L, are closing the performance gap to those from Sony, LG, and Samsung. For all the time that I've been covering technology, there's been a hierarchy when...
Provisional results released by the electoral council in the Central African Republic suggest President Faustin-Archange Touadéra has been elected for a third term with 76% of the vote. The results ha...