Hemmati removed from office after 182 of 273 lawmakers vote against him as rising cost of living fuels discontent.

For those planning a visit, Rs. 10,000 can last for several days, offering a luxurious experience. While five-star hotels can ...

Iran says it has turned much of its reserves into gold, as gold imports soar to three times the level of last year.

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The parliament has ousted Hemmati in a no-confidence vote almost eight months after President Masoud Pezeshkian appointed his ...

Since July 2024, when Masoud Pezeshkian became Iran’s new president, Iran’s currency, the rial, has lost about 60% of it’s value. Parliament voted on Sunday to fire the economy minister. Pezeshkian ...

Mr Abdolnaser Hemmati, a former central bank governor, was blamed for Iran's soaring inflation and plunging currency. Read ...

The CBI adopted the SANA system for currency exchange offices, where one euro costs 764,160 rials and $1 costs 703,841 rials. NIMA is a scheme for selling a percentage of the foreign money earned ...

DUBAI: Iran's parliament voted on Sunday to remove the country's Economy Minister Abdolnaser Hemmati from office over ...

Shops and markets in central Tehran, usually teeming with customers ahead of the Persian New Year, now barely see any buyers, ...

Iranian filmmakers Shirin Sohani and Hossein Molayemi have highlighted their nation's worsening economic crisis, citing U.S.