The government unveiled its much-heralded stimulus package in mid-October.
The package has a six-month expiration date and is aimed at increasing money supply to stimulate demand and pull…
The two securities exchanges, Tehran Stock Exchange and Iran Fara Bourse, are losing the fight to attract and hold on to investments with their main indices at two-year lows and falling further.…
When Enrico Mattei, Italian oil company Eni’s CEO, coined the phrase "seven sisters" to signify the oil companies constituting "the Consortium for Iran", which dominated the global oil scene from…
Iran's oil revenues have fallen to record lows, pushing the government to take an unprecedented step against privacy in its fight against tax evasion.
The deadline for registering Bureaux de change with the Central Bank of Iran ended on Wednesday.
The bureaux had to apply for an operating permit from the central bank, by meeting the bank'…
News website Banker defended the Central Bank of Iran’s management of the money market, saying the bank had fared well in its quest to curb inflation and the growth of money supply.
The…
The rial fell to record lows against major currencies on Saturday as investors fled Iranian equities, which dropped to four-week lows.
The US dollar advanced 0.93% to a five-month high of…
Competition in the Iranian financial industry is rising. Financial institutions are battling over existing territory and opening new frontiers. Anyone who falls behind will be left in the dirt and…
After a long and drawn out dispute over the scale and scope of Tehran’s nuclear energy program, a historic deal between the permanent members of the United Nation Security Council—the US, Britain…
The Iranian rial took investors on a rollercoaster ride on Tuesday, as Iran and six major world powers reached a nuclear deal, capping more than a decade of negotiations with an agreement that…
Bank Saderat is one of the top 10 most active companies and the top lender operating in the Tehran Stock Exchange. The bank is the largest listed lender in terms of nominal capital in Iran, state-…
C reating a bourse for trading foreign currencies is the talk of the town these days. Pundits argue that such an exchange would bring about transparency, but there are critics who say such an…
Financial instruments are the backbones of modern economies. With an over $700 trillion market, derivatives–financial instruments whose value depend on the value of an underlying asset–have become…
A central bank's mandate is to control inflation and maintain the value of a country's currency. For the Central Bank of Iran, those mandates have become mired with the government's policies and…
The central bank has tightened its grip over the foreign exchange market by increasing supervision. But time and again the bank has distorted the market.
T here is no denying it. Social media is changing everything, from how we find restaurants and book flights to how we gain access to news. Iran with its tech savvy, fashion conscious young…
Long caffeine fueled working hours, Armani suits, and fat bonuses. Investment banking is one of the more lucrative branches of financial services. In Iran, however, the business is just at its…
B usinesses are suffering from a “credit crunch” in the Iranian economy. For the right and wrong reasons businessmen are asking for cheaper money. They contend that with adequate financing,…
Iran's financial industry is expanding rapidly. Since changes were made in Iran's financial laws in 2008, many new financial services firms and various financial instruments have sprung up. This…
Lending to businesses has rocketed in the past year. Although banks are still suffering from toxic debt, efforts by the central bank seem to have borne some fruit. Not only has lending jumped, but…
Equities in Iran had one of their worst years in recent memory, will this continue? Haunted by political uncertainty and an economic recession, investors fled from stocks taking the index down…
M utual funds had their worst year since the first started working in 2008. That doesn’t say much for a seven-year-old industry, but the bear market that took over the Tehran Stock Exchange in the…
The framework agreement between Iran and five permanent members of the UN Security Council plus Germany (P5+1) will take time to finalize, and the sanctions will roll back in due course, but…
Amazon CEO Jeff Bezos has had the upper hand for sales of online goods for the better part of a decade now in the US, and with their bonus services like Amazon Prime and Amazon Air, the company is…
Foreign currencies pushed the rial back down on Monday, after a weak of gains for the Iranian currency.
The rial fell versus all major currencies and gold coins on Monday, as lower foreign…
