Iran’s chief banker says economy excluding oil sales has grown between March and May 2019.

Iran’s central bank says OMO would become its main regulatory policy in near future.

Iran has spent $62 billion on imports of basic goods and medicine over the past five months.

Iran has removed the US Dollar from its official currency rate reporting platform and replaced it with China’s Yuan in an effort that the media in Tehran say could be a key step toward ditching the greenback in trade.

Iran is working on a plan to create a floating mechanism for pricing the US Dollar to help prevent further depreciation of its national currency which lost its value by above 14 percent within only hours this past Sunday.

The Central Bank of Iran (CBI) says it plans to create what it has described as a secondary currency market to help ease tensions that plunged the rial against the US dollar to a record low level on Sunday.

The IMF says it will continue to cooperate with the governor of Iran's Central Bank despite the US sanctions against him.

Valiollah Seif, the governor of the Central Bank of Iran (CBI), says police action against speculators helped return calm to the country’s currency market that had been in turmoil for several weeks.

The central banks of Iran and Pakistan have signed a deal on banking and payment arrangement.

The Central Bank of Iran (CBI) says it is still working on a plan to reduce the role of the US dollar in its foreign exchange basket.