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International Monetary Fund Chief Economist Gita Gopinath urged governments to shift to “equity-like” support from one focused on loans as the coronavirus pandemic inflicts prolonged damage on companies.

Iranian ambassador to Moscow Kazem Jalali and Russian Deputy Energy Minister Anatoly Tikhonov met and held talks on the latest and upcoming energy cooperation between Iran and Russia.

The Central Bank of Iran (CBI) is planning to issue certificates of deposit in euro as it struggles to contain liquidity and tame the rising inflation in the country.

Iran would be open to talks with the United States if Washington apologises for exiting a 2015 nuclear deal and compensates Tehran, Iranian President Hassan Rouhani said on Wednesday.

Iranian President Hassan Rouhani appealed to the International Monetary Fund to defy U.S. resistance and grant the country a $5 billion loan.

Iran has signed a two-year contract with Iraq to export electricity to the neighbouring country, Energy Minister Reza Ardakanian said.

The Central Bank of Iran will hold its first auction of government bonds on Tuesday. It has asked banks to place buy orders for the «Murabeha bonds» on the interbank trading platform. 

The Tehran Stock Exchange’s main index of shares exceeded one million points for the first time on Saturday, extending the record highs reached as the benchmark more than doubled since Iran’s first recorded Covid-19 case.

The Iranian deputy minister of agricultural jihad stressed on the necessity of handing over cotton and oilseeds plants to the Union of Agricultural Cooperatives of Cotton and Oilseeds In order to help boost domestic production in the country.

Trade between Iran and EU member states during January-February stood at €787.66 million to register a 9.17% increase compared with the similar period of 2019, latest data provided by the European Statistical Office show.