The main index of the Tehran Stock Exchange climbed 1.5% on Sunday after four consecutive days of bear market. Stocks in the mineral, chemical, telecom and refinery groups contributed the…
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.
The Central Bank of Iran is trying to find ways to plug the budget deficit and avoid printing more money, says the CBI governor Abdolnaser Hemmati. In an Instagram post on Friday, Hemmati…
The Financial Action Task Force, the global anti-money laundering watchdog, decided on Friday to continue the suspension of counter-measures against Iran until October.
The Statistical Center of Iran has published a new report on home and land prices, in addition to rents, showing all have increased significantly across the country during the fourth quarter of…
The government will not change its current policy to subsidize imported essential goods and food up until next March, the government spokesman said. “There won’t be any change in…
A food industry guild association has called on German firms to create a mechanism for trade with Iran to help mitigate the impact of tough United States economic sanctions.
Following hikes in forex rates in the Integrated Forex Deals System, known by its Persian acronym Nima, Iranian exporters repatriated more overseas earnings to the country. Nima is…
The Tehran Stock Exchange reentered the bear market from Monday, which had pushed down its main gauge more than 3,000 points in three straight days of trade. After a shining performance last…
President Hassan Rouhani said Wednesday if the Expediency Council fails to ratify the remaining two anti-money laundering bills, Iran’s banking relations with the outside world would be…
The highly touted monetary mechanism -- open market operation -- to regulate the interbank market, is getting the final touches and will be launched soon, said the governor of the Central Bank…
The British government has settled a 1.25 billion pound ($1.6 billion) damages claim brought by Iran’s largest private bank in an 11th-hour, out-of-court deal following a dispute over sanctions…
The main index of Tehran Stock Exchange TEDPIX lost 1,000 points or 0.43% on Tuesday to end trading day at 237,148 points. About 3.9 billion shares valued at 15.79 trillion rials ($118.78…
President of the Instrument in Support of Trade Exchange (INSTEX) recently conferred with economic and business authorities in Tehran on ways to remove barriers to launching the long-awaited…
The High Council of the Economic Coordination will convenes on Thursday to decide the fate of the highly controversial subsidized forex policy for importing essential goods, said an official…
Iran’s capital market is ready to establish a committee with Islamic countries to design joint financial Islamic instruments, head of the Securities Exchange Organization told the 11th…
Iran's plans to join the UN Convention on Transnational Crime were reviewed by the joint commission of Iran's Expediency Council on Sunday. The commission invited the Central Bank of Iran,…
The Majlis Research Center holds the view that the government can significantly boost its foreign currency earnings by rewriting the Central Bank of Iran’s controversial policy on…
The company overseeing the soon-to-be launched regulated foreign exchange market cut the membership fees for exchange bureaus from the previously announced 1 billion rials ($7,700) to 250…
The main gauge of Tehran Stock Exchange gained more than 4,000 points as the demand for commodity stocks rose on Sunday. The market, which was dominated by auto and bank stocks in…
The British government is locked in crunch talks in an effort to avoid a lengthy high court battle by settling a £1.25 billion legal claim by Iran’s Bank Mellat. A five-week hearing…
Data released by Shaparak payment and settlement network show that during the last Iranian month to May 21, it processed 2.14 billion retail transactions worth 2,759 trillion rials ($20.2…
Deposits in Iranian banks and credit institutions totaled 20,223 trillion rials ($155 billion) during the eleven-months to Feb 19, up 32% compared to the same period a year ago. The deposits…
Ambassadors from France, Germany and the UK to Iran released a joint statement on Friday underscoring the commitments of their governments to launch the first transaction soon with Iran using…
The currency market, seemingly in calm waters for almost two weeks, shot up Thursday triggered by negative political developments. The US dollar rose 4% in the open market and was sold…
The company overseeing the soon-to-be-launched regulated forex market held a meeting Wednesday to brief exchange bureaus on the role, functions and responsibilities of the new market.
