Iran government

Iran Intends To Replace Dollar With Local Currencies For Travelers

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Iran Intends To Replace Dollar With Local Currencies For Travelers

The Central Bank of Iran intends to offer regional currencies to citizens traveling to neighboring countries, instead of selling them US dollars. Iran this year provided Iraqi dinars, instead of US dollars, to hundreds of thousands of pilgrims who visited Iraq at the end of August and early September for Shiite religious ceremonies. Now it … Read more

Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high

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Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high

DUBAI, United Arab Emirates (AP) — Western-backed maritime forces in the Middle East on Saturday warned shippers traveling through the strategic Strait of Hormuz to stay as far away from Iranian territorial waters as possible to avoid being seized, a stark advisory amid heightened tensions between Iran and the U.S. A similar warning went out … Read more