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April 19-April 23, 1999 / Farrvardin 30-3 Ordibehesht, 1378

News | Sports | Arts | Rights | Community

Today

* Iran's NIOC gets $500 mln from Asia
* Germany, Iran look to improve relations

Previous

* Iran says inflation at 20 pct in year to March
* Iran to invite bids for telecoms satellite
* Iran eyes bonds to fund petrochemicals
* Iran says self-sufficient in meat, stops imports
* Iran calls for foreign investment in petrochemicals
* OPEC oil capacity management key-Iran
* Khatami to visit Saudi
* Iran to cut oil exports 12 pct a month in 99'

News | Sports | Arts | Rights | Community


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$ Rate

Updated April 21, 1999

* To send money to Iran, the rate is 802-812 tomans per dollar, depending on how much you wish to send.

* To send money out of Iran, the rate is 815 tomans per dollar.

Source: Sehaty Foreign Exchange. Preferntial rates for readers of The Iranian Times. Call in U.S.: 602-595-0777 OR 500-288-8881, Fax: 602-595-0222. Address: PO Box 3230, Carefree, AZ 85377, USA. Mention this code: BAJ 07


Thursday
April 22, 1999

* Iran's NIOC gets $500 mln from Asia

TEHRAN, April 22 (Reuters) - The National Iranian Oil Company (NIOC) secured about $500 million from Asian banks in April in exchange for guarantees that the money would be paid back from future oil sales, an NIOC official said on Thursday ... FULL TEXT

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* Germany, Iran look to improve relations

BONN, April 22 (Reuters) - German Foreign Minister Joschka Fischer may visit Iran in the second half of this year as part of efforts to improve relations, his ministry said on Thursday after he met Iranian counterpart Kamal Kharazzi ... FULL TEXT

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Wednesday
April 21, 1999

* Iran says inflation at 20 pct in year to March

TEHRAN, April 20 (Reuters) - Inflation in Iran rose to 20 percent in the year to March, up from 17.3 percent in the previous year, Iranian state televison reported on Tuesday ... FULL TEXT

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Tuesday
April 13, 1999

* Iran to invite bids for telecoms satellite

TEHRAN, April 20 (Reuters) - Iran is to invite bids for its first telecommunications satellite, which is to be built at an estimated cost of $300 million, Iranian state televison reported on Tuesday ... FULL TEXT

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* Iran eyes bonds to fund petrochemicals

TEHRAN, April 20 (Reuters) - Iran's top petrochemicals official said on Tuesday the country would tap international bond markets to help finance petrochemical projects, which would require $7.2 billion in investments ... FULL TEXT

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Monday
April 19, 1999

* Iran says self-sufficient in meat, stops imports

TEHRAN, April 19 (Reuters) - Iran, a major food importer, is to become self sufficient in red meat by boosting production to 720,000 tonnes in the year to March, a senior official was on Monday quoted as saying ... FULL TEXT

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* Iran calls for foreign investment in petrochemicals

TEHRAN, April 19 (Reuters) Iran on Monday called on international companies to inject funds into its petrochemicals industry, saying new projects in the sector required billions of dollars of investments and foreign technology ... FULL TEXT

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* OPEC oil capacity management key-Iran

TEHRAN, April 19 (Reuters) - Iran's OPEC governor said on Monday that the group should work toward regulating oil production capacity expansion to prevent new price collapses and ensure long-term market stability. ``OPEC producers need to focus on the management of oil production capacity. Otherwise some producers can ruin the revenues of others by being able to put too much oil in the market,'' Hossein Kazempour Ardebili told Reuters ... FULL TEXT

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Friday,
April 16, 1999

* Khatami to visit Saudi

RIYADH, Saudi Arabia, April 15 (UPI) -- A Saudi newspaper, Ukaz, has reported that Iranian President Mohammad Khatemi will make an official visit to Saudi Arabia next month, the first by an Iranian president since the 1979 Islamic revolution ... FULL TEXT

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$ Rate

Updated April 21

The dollar now offered at 802-812 tomans in the U.S. and 815 tomans in Iran

Sehaty Exchange (U.S.) 602-595-0777


Forum

U.S.-Iran Business Council Forum

The Iranian Trade Association, along with our host, the Washington International Trade Association will present the First Quarterly U.S.-Iran Business Council Forum: "The Process of Engagement" on Wednesday, February 3, 1999 in Washington, DC ... MORE DETAILS


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