Iran’s president says Tehran has rejected direct negotiations with the United States in response to a letter from President ...

The Iranian economy continues to crumble as the rial falls below the significant level of 1,000,000 against the U.S. dollar.

Iran's currency fell below the psychologically key level of 1,000,000 rial per U.S. dollar on Tuesday, as market participants ...

Trial is set to begin tomorrow in the re-sentencing of Seifullah Abdul-Salaam, who was convicted of killing a police officer in Cumberland County 30 years ago. Jury selection finished today with the ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

TEHRAN: Iran's parliament on Sunday impeached the country's finance minister and voted to remove him from office amid growing concerns over the crashing rial and accusations of mismanagement.

On the black market on Sunday (March 2, 2025), the Iranian rial was trading at more than 920,000 to the U.S. dollar, compared with less than 600,000 in mid-2024. Earlier, President Masoud ...

While lawmakers focused on their criticism of Hemmati over Iran's plummeting rial currency, his removal also underscored the danger faced by Pezeshkian, who won election last year promising to reach ...

The plummeting Iranian rial has led to surge in the prices of imported goods — Atta KENARE Shops and markets in central Tehran, usually teeming with customers ahead of the Persian New Year, now barely ...

Iran's parliament has impeached Economy Minister Abdolnasser Hemmati, resulting in his removal from office amid the crashing rial and mismanagement accusations. President Pezeshkian emphasized the ...