1233 GMT July 05, 2022
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It is a general practice in most Indian families to start saving for a girl’s marriage from the day she is born.
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The administrative government in Iran has introduced a bill in parliament to remove a heavily subsidized exchange rate which is used to fund imports of staples and medicine into the country.
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Figures by the Central Bank of Iran (CBI) showed that money supply in the country rose by 39.1% year on year in late August to reach the equivalent of more than $142.5 billion.
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The International Monetary Fund must ramp up its resources as it seeks to “monitor, advise on, and help manage this far-reaching and complex transition” to digital money, according to an IMF paper.
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A group of 15 West African countries have adopted a new road map to launch a single currency in 2027 after its previous plans were derailed by the coronavirus pandemic.
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No doubt we all have a cost-cutting trick or two up our sleeve which helps keep household costs down.
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The Central Bank of Iran (CBI) has succeeded in securing a court order in Luxembourg to prevent the transfer of nearly $1.7 billion worth of assets from the European country to the United States.
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The Iranian government has allowed tapping $200 million from its sovereign wealth fund for the purpose of investment in the local stock market where trade has plummeted sharply in recent months causing discontent among small investors.
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The Central Bank of Iran (CBI) has reiterated its ban on cryptocurrency trading, saying people would be solely responsible for losses they incur from buying and selling assets like bitcoin.
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Iran is calling on experts and firms with an experience in fighting money-laundering schemes to help expand the fight against online activities that can harm the banking and financial services in the country.
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Iran’s Energy Minister Reza Ardakanian said on Sunday that Baghdad is to release Tehran’s financial resources in line with an agreement earlier reached between the two countries.
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Iran’s Foreign Minister Mohammad Javad Zarif in a phone call with his South Korean counterpart on Wednesday said that over the past two and a half years Tehran-Seoul relations have been influenced by South Korea's “illegal” measures, urging Seoul to immediately change its approach toward releasing Tehran’s frozen assets.
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Iran’s Central Bank Governor Abdolnaser Hemmati said the country reserves the right to take legal action against the freeze of its funds in South Korea.
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Senior officials from Iranian and South Korean foreign ministries discussed the issue of releasing Tehran’s frozen money by Seoul in a phone call on Tuesday evening.
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