Iran will set up a secondary currency market by the next week, Central Bank of Iran (CBI) Governor Valiollah Seif announced on Monday. The decision was made as the Iranian rial plunged to a record low against the U.S. dollar in the unofficial market on Sunday.

The Judiciary chief on Tuesday lashed out at those who are “disrupting the economy” by funneling their huge assets into foreign currency and gold market, threatening that they will face “severe punishment” if their acts is recognized as “corruption on the earth”. Asking police to identify these persons, Ayatollah Sadeq …

Leader of the Islamic Revolution says despite Western powers’ attempts to shun responsibility for human rights violations, Iran keeps its “demanding” stance to pose questions regarding their behavior in North Africa and the Middle East.