Abdolnasser Hemmati, a former economics minister, is the new central bank governor
State TV has reported the resignation of Mohammad Reza Farzin, the head of the central bank
The bank’s Monetary Policy Committee was divided on whether to cut interest rates
Probe related to Mozambique loans was opened in 2020
Effect of U.S.-China trade truce not yet apparent while domestic demand remains shaky
It plans to introduce an electricity price of about US$0.06 per kilowatt hour starting Jan. 1
It dropped to nearly the lowest point ever recorded by the UMich poll
Both sides report progress as Xi invites Carney to visit China
The Bank of England will hold its next policy meeting on Nov. 6
Infrastructure spending expected to boost economy