Business And Markets
Iran Business And Markets News, Get the latest business news about Iran including banking, stock market, real estate market, steel industry, mining, trade finance, fintech and insurance.
April 20, 2021 22:21
-
April 20,2021Currency rates in Tehran were choppy Tuesday with the dollar near the 240,000-rial support level in the free market. -
April 20,2021The governor of Central Bank of Iran says the bank is prepared to meet the foreign currency needs for importing Covid-19 vaccine. In a note posted on his social media account, Abdolnasser Hemmati...
-
April 20,2021Foreign exchange rates were choppy Monday rising slightly in the early hours of trade before making a sharp retreat. The US dollar closed at 241,500 rials in Tehran's free market down 1.4%...
-
April 20,2021A senior official at the Planning and Budget Organization says high inflation is largely due to currency rate shocks and excessive borrowing of private banks from the Central Bank of Iran. Hamid...
-
April 20,2021Tehran stocks closed Monday again in the red extending a long streak of losses. The main gauge of Tehran Stock Exchange, TEDPIX, lost 7,920.75 points or 0.65% to end trading at 1,216,874. In...
-
April 18,2021The Securities and Exchange Organization will increase the limit down price in the share market from April 21, the SEO head said.
-
April 18,2021Settlement of Iraqi debt to Iran is likely to start in a month following an agreement signed by the two governments in March, the secretary general of the Iran-Iraq Joint Chamber of Commerce said...
-
April 18,2021A week after the economy minister asked banks to abide by the CBI policy on deposit and lending rates, the governor of the Central Bank of Iran communicated the same to CEOs of banks. In a...
-
April 18,2021Economic downturn is further affecting Tehran stocks amid the visible lack of interest in shares while jittery investors pushing hard to sell. The market on Sunday recorded the lowest trade value...
-
April 17,2021Majlis is trying to develop legal framework to allow trade in cryptocurrency, head of the economic commission said. Mohammadreza Pourebrahimi said the commission has done a comprehensive...
-
April 17,2021Tehran's share market opened trading week on Saturday again in red extending a bruising selloff that has lingered since the middle of last year. The main index of Tehran Stock Exchange, TEDPIX,...
-
April 16,2021The International Monetary Fund rectified its estimation of Iran's foreign currency reserves after it was questioned by the country's central bank.
-
April 16,2021With lockdowns to contain the spread of Covid-19, gold trade has moved to unofficial online platforms lacking proper monitoring, vice president of the Tehran Gold and Jewelry Union said.
-
April 16,2021The Governor of Central Bank of Iran Abdolnasser Hemmati dismissed claims that the CBI is the "government’s biggest debtor.” Hemmati was objecting to statements Tuesday by Mohammad-Baqer Nobakht...
-
April 14,2021Tehran’s forex market was calm Wednesday with most currencies posting slight changes. The dollar was sold at 248,700 rials in the free market down 500 rials or 0.21% compared to the previous day's...
-
April 14,2021The Trade Promotion Organization of Iran announced new rules Wednesday for repatriating forex earnings from exports in the current fiscal year that ends March 2022. It was prepared and published...
-
April 14,2021The Central Bank of Iran is preparing a credit rating platform for bank customers based on their creditworthiness, the CBI’s deputy for innovative technologies said. Speaking on state TV, Mehran...
-
April 14,2021After gains a session earlier Tehran’s share market was choppy on Wednesday to close trading week a little below the flatline. Bucking an 11-day declining trend a day before, the market failed to...
-
April 14,2021The governor of Central Bank of Iran rejected the IMF’s estimation of Iran’s currency reserve in its latest report published last week. In a note posted on his social media account, Abdolnasser...
-
April 13,2021Flights between Iran and the UK will resume on May 6, as the UK has unveiled a plan to lift its coronavirus restrictions.
-
April 14,2021Tehran’s stock market moved into positive territory on Tuesday after posting declines for eleven straight sessions, thanks to rise in demand for large caps. The main gauge of Tehran Stock...
-
April 14,2021Gold prices were of the descending order in Tehran on Tuesday amid limping demand. The popular Emami gold coin was 0.8% lower to end the session at 104.4 million rials, shedding 800,000 rials in...
-
April 13,2021The Purchasing Managers’ Index for the housing sector in the 12th month of the last Iranian year (Feb. 19-March 20) settled at 63.93 from 64.28 of the preceding month (Jan. 20-Feb. 18), indicating...
-
April 14,2021Data released by Shaparak, the company in charge of supervising Iran's domestic payment network, show more than 124 million bank cards were used at least once during the last month in the previous...
-
April 12,2021The dollar was 0.75% higher Monday in Tehran's free market to reach 250,100 rials.
