Asr IranIran-leaningJun 21, 2026, 7:38 AMRed Color Dominates the Stock Market/Overall Index Drops by 14,000 Points
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Asr IranIran-leaningJun 21, 2026, 7:38 AMArticle body
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The Governor of the Central Bank announced the storage of 4.5 billion dollars of currency for essential goods and the start of implementing a unified exchange rate policy, and stated: Iran's financial resources will gradually be released, all belonging to the Central Bank; therefore, the decision on how to use them rests with the Central Bank. Additionally, new resources resulting from oil exports and increased non-oil exports will also be realized.
Jun 21, 08:32 AM
The Minister of Economy said: $12 billion of Iran's foreign currency resources will be released, and the administrative and banking procedures for this are underway.
Jun 21, 08:10 AM
The head of the Chamber of Commerce, Industries, Mines, and Agriculture of Bushehr stated: Given the announcement of the UAE's readiness to accept Iranian commercial vessels again, maritime trade in the Persian Gulf will be resumed.
Jun 21, 08:09 AM
The Deputy Governor of the Central Bank, describing the major challenges of Iran's economy, identified three factors—the 'demand sector and liquidity growth,' 'inflationary expectations,' and 'costs in the supply sector'—as the main roots of economic problems. He emphasized that proper guidance of financial resources, utilization of the capital market capacity, and setting development priorities during the reconstruction period can help the economy move faster out of the current situation.
Jun 21, 08:01 AM
Tehran - IRNA - The head of the Agricultural Research, Education and Extension Organization (AREEO) announced the implementation of a national program to reduce the country's dependence on hybrid seeds and animal vaccines, stating that through the synergy of the Ministry of Agriculture Jihad, the Vice-Presidency for Science and Technology, the Innovation and Prosperity Fund, and knowledge-based companies, the foundation for achieving sustainable food security and realizing the goals of the Seventh Development Plan will be established.
Jun 21, 07:19 AM