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Domestic Economy

Economy minister defends single exchange rate policy, says it backs production

Economy minister says the government’s move to unify the exchange rate and scrap preferential currency allocations was a long-standing demand of the private sector and would ultimately support production and boost national income.

Iran Economy

Iran budget risks deepening pressure on small firms, chamber research center warns

The Research Center of Iran Chamber of Commerce has warned that proposed budget policies risk intensifying pressure on small and medium-sized enterprises (SMEs), arguing that fiscal and tax measures are misaligned with the realities facing businesses.

Macro Economy

Iran Chamber official urges legal reforms after single exchange rate policy

The head of Iran Chamber of Commerce mining commission said the government should focus on reforming laws to support businesses rather than distributing a 7,000 trillion rials ($4.5 billion) support package, arguing that cash aid risks reinforcing rent-seeking and corruption.

Macro Economy

Business leader warns currency spike hurting imports

A senior Iranian business leader said sharp rises in the foreign exchange rate are preventing timely imports of raw materials for domestic industries.

Local Chambers

Iran chamber chief calls for FX reforms to be coupled with social justice

President of Iran Chamber of Commerce has urged the need for the government to take supportive measures for the vulnerable class of the society, saying foreign exchange reforms have to be pursued while taking social justice into consideration.

Macro Economy

Annual inflation hits 44.6% by late January

Iran’s annual inflation rate rose to 44.6 percent in the 12 months ending in late January, the Statistical Center of Iran (SCI) said.

Macro Economy

Iran’s monthly GDP grows 2.3%

According to calculations by the Parliament Research Center, the growth of the gross domestic product (GDP) at constant prices in Aban 1404 (October-November 2025) compared to the same month last year is estimated at 2.3 percent, and non-oil economic growth is estimated at 2.7 percent.

Macro Economy

Iran to keep subsidized FX for medicine as it weighs currency reform

Iran will continue allocating a subsidized exchange rate for medicines and has yet to take any new decision on the sector as it considers moves toward a single exchange rate, Economy Minister Ali Madanizadeh said on Monday.

Iran Economy

Business leader warns against hasty single exchange rate without safeguards for poor

A senior Iranian business leader has endorsed the government’s push to unify the country’s complex multi-tiered currency system but warned the move must be carefully calibrated and preceded by substantial, targeted support for low-income citizens.

Iran Chamber

Iran appoints Hemmati as new central bank governor

President Masoud Pezeshkian has appointed Abdolnasser Hemmati as governor of the Central Bank of Iran, replacing Mohammadreza Farzin.

Iran Economy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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