Financial Tribune- Former governor of the Central Bank of Iran, Tahmasb Mazaheri, lays the blame for the first-ever rejection of the general outlines of the countrys budget by parliamentarians on hereditary problems that are not exclusive to next years (March 2018-19) budget bill and have been there for years. Last Wednesday, Iranian lawmakers approved ...

Former governor of the Central Bank of Iran Tahmasb Mazaheri said the recent decision on cutting deposit and loan interest rates would positively affect the economy if necessary prior conditions are created. The decision was made by the Money and Credit Council (MCC) in a meeting on April 28 to decrease deposit rate ceiling (for one-year deposits) ...

CARACAS, Venezuela (AP) -- Iran's ambassador to Venezuela said Tuesday that a check worth about $70 million, found by German authorities in the luggage of Iran's former central bank chief, was going to be used by an Iranian company for its expenses while building public housing in Venezuela. Iranian Ambassador Hojattolah Soltani made the remarks in ...

BERLIN (AP) The German newspaper Bild am Sonntag reports that a man caught last month trying to enter Germany with a check worth about $70 million was Iran's former central bank chief. The weekly reports that customs officials at Duesseldorf airport found the check in Tahmasb Mazaheri's luggage Jan. 21 upon his arrival from Turkey. German customs ...