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The largest source of import to Iran in April of 2019 is China with import value of $ 434 million, accounting for about 19% of Iran's imports of goods during this period.

The Central Bank's governor, advising the public not to enter the currency market by taking into account the political variables, said the Central Bank made predictions about the foreign exchange market and will have the necessary prevention.

The Central Bank, referring to 2.2 billion euros from the beginning of the year in the secondary market, announced its readiness to provide currency for the real needs of the country.

Increasing transparency and eliminating the benefits of the speculators and currency renders network are the main achievements of the formation of the organized foreign exchange market, which should be welcomed.

Easier control of inflation, avoiding turmoil in interest rates, and reducing the discount rate of government debt securities are the most important outcomes of open market operations.

Pakistani exporters wish to use third party banking channels, especially the Chinese bank, to do trade with Tehran since Pakistan has a paltry $35 million exports to Iran due to the US sanctions imposed on the neighboring country.

A groundbreaking ceremony for a joint Azerbaijan-Iran bus and truck production plant has been held in the Hajigabul Industrial Park.

Central Bank of Iran's Governor had a meeting with Marcus Leitner Swiss ambassador to Iran regarding developing banking relations.

Turkish Foreign Minister said Turkey is looking into establishing new trade mechanisms with Iran, like the INSTEX system set up by European countries to avoid U.S. sanctions.

Italy's top bank UniCredit SpA and two subsidiaries have agreed to pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said.