Central Bank Governor Abdoldnaser Hemmati says Iran’s foreign exchange reserves have risen in the face of US sanctions which aim to deplete them.

The top UN court at the Hague will rule Wednesday on an appeal by Iran to redeem more than $2 billion in frozen assets in the US.

Iranian traders can open accounts with Iraqi banks to carry out their transactions under a new payment system agreed between the two neighbors.

Amid growing Brexit uncertainties, more and more firms working in the UK are feeling the pinch, planning to relocate some of their operations abroad.  

Investors from Europe, Russia and Asia are considering moving their cryptocurrency operations to Iran which is dabbling with sanction-busting potentials of digital financial systems.

Indian refiners have begun clearing their oil debt to Iran under a new payment mechanism which they put in place after the US reimposed sanctions on the Islamic Republic.

Foreign Minister Zarif says Iran is working with its traditional partners to counter EU inaction in the face of US sanctions.

A court in Germany has ordered the country’s partly state-owned telecom provider to reactivate phone and internet services for an Iranian bank.

The European Union has reportedly picked Luxembourg to host the so-called Special Purpose Vehicle (SPV) which the bloc has designed to conduct banking transactions with Iran after the United States restored sanctions against the country earlier this month.

The Turkish head of state slams new US sanctions against neighboring Iran as wrong and says his country will not abide by them.