Cuts
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Hemmati Signals Interest Rate Cuts
EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati has announced the bank's decision to alter the liquidity structure by curbing money supply and lowering bank rates.
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Oil Climbs to 5-Month High Amid OPEC Cuts
EghtesadPnline: Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, US sanctions against Iran and Venezuela, fighting in Libya…
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OPEC to Keep Oil Cuts in Place
EghtesadOnline: O PEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June, when the market will be able to assess the full impact of US sanctions…
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Oil Prices Reach 2019 Highs
EghtesadOnline: O il prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, US sanctions on Iran and Venezuela, and hopes that the Sino-US trade dispute…
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Wangiri Scam Costs Iranian Cellphone Users Thousands of Dollars
EghtesadOnline: I n a phone scam recently gone viral in Iran, 126,000 cellphone subscribers have been targeted costing them some 3.8 billion rials ($27,300) collectively, deputy ICT minister…