The Central Bank of Iran supplied over $6 billion in foreign currency for importing goods in two months since the beginning of the current fiscal on March 21. CBI Governor…
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 Ministry of Roads and Urban Development will set up a special committee to set rental rates to ensure they won’t exceed consumer inflation, the director of Housing Investment and Economy…
Currency rates have been of the declining order since last Tuesday amid widespread presence of the Central Bank of Iran in the market and reports about easing political tensions. Each US…
According to a notice by Central Bank of Iran, the previous deadline for selling shares of five merged banks and credit institutions has been extended for 15 working days ending on June 13.…
The Central Bank of Iran has announced a new set of rules for repatriation of export earnings in the current fiscal (March 2019-20). In a directive published on the CBI website Monday, it…
Iran Fara Bourse, the junior stock market in Iran, topped the list of 77 stock markets in the world as reviewed by World Federation of Exchanges, with its market capitalization registering 80%…
The Central Bank of Afghanistan has annulled the operating license of the only Iranian bank which was active in that country. Arian Bank started its operations under a joint venture between…
Lloyd's of London insurance market has widened its list of areas in and around the Persian Gulf posing "enhanced risk for marine insurers" after attacks on ships off the UAE. Lloyd's said that…
The Export Guarantee Fund of Iran is stepping up efforts to promote non-oil exports to Iraq by offering lower premium rates and cheaper guarantee cover. On the sidelines of a monthly meeting of…
In a move to facilitate crude oil sale on the Iran Energy Exchange, the National Iranian Oil Company has adjusted some of its purchasing terms for the next round of offer scheduled for May 21.…
The National Development Fund of Iran, the sovereign wealth fund, plans to lend $10 billion in foreign currency for private sector projects in the current fiscal (March 2019-20). …
Bank Maskan, the state-run agent bank of the housing sector, granted a total of 228,949 home loans worth 113.83 trillion rials ($775 million) in the last Iranian year that ended on March 20,…
In the previous fiscal (March 2018-19) exporters repatriated $18.7 billion of their export earnings to the country, the Central Bank of Iran Governor Abdolnasser Hemmati wrote in an Instagram…
After two straight rallies, the main gauge of Tehran Stock Exchange lost some of its earlier gains on Wednesday amid selloff in the stocks of the basic metals, petrochemical and mineral groups…
Euro and the Chinese yuan topped the Central Bank of Iran's list of subsidized currencies allocated for imports in the past 13 months, with USD at the bottom of the list.
The Money and Credit Council - a top financial decision-making body affiliated to the Central Bank of Iran - approved a decision Wednesday to raise the ceiling of loans allocated for renovating…
In a report analyzing drawbacks of the allocation of subsidized currency to import essential goods, the Majlis Research Center says the policy is inefficient and a new mechanism is needed to…
The Governor of the Central Bank of Iran criticized European governments for the procrastination over launching the trade mechanism know as Instrument in Support of Trade Exchange (INSTEX).…
In a directive to banks and credit institutions, the Central Bank of Iran obliged lenders to report banking transactions of tax payers to the Iran National Tax Administration on a monthly basis…
Tehran stocks pared some earlier losses on Monday to compensate for over 1.8% of its benchmark fall in earlier sessions. After two straight sessions of bear market, which was created…
Over 68,000 standard parallel Salaf (forward) securities for fuel oil (mazut) worth 4 trillion rials ($26.8 million) was offered Monday by the National Iranian Oil Company on the Derivative…
The consumer price index for the housing sector registered a year-on-year increase of 24.8% in the first Iranian month (March 21-April 20) compared with the similar month of last year. …
The construction material price index for Iran's capital city, Tehran, stood at 313.4 in the last Iranian year (March 2018-19) to register a 47.8% increase compared with the year before.
Iran Social Security Organization owes 400 trillion rials ($2.58 billion) to banks, SSO’s deputy for economic and planning affairs said. Hossein Amiri said the massive organization…
The Central Bank of Iran published a note on its website to clarify ambiguities about the one-time password that will soon be offered by banks. It covers a range of issues pertaining to…
