Iran and Pakistan have signed their first barter trade agreement to exchange Pakistani rice with Iranian LPG, marking a watershed in a quest to overcome the biggest hurdle to business between the two big neighbors.      

Iran’s central bank says loans to deposit ratio in the banking system rose by 4.6% y/y in May.

Iran is pressing the US for a guaranteed relief from sanctions targeting its banking system.

Iran is mobilizing firms and experts to improve its online anti-money laundering infrastructure.

The governor of the Central Bank of Iran says some of Iranian funds locked up in foreign bank accounts have been released and further freeing is in the pipeline.