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.
July 21, 2023 18:51
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December 24,2022Trade at the Iran Mercantile Exchange (IME) reached 6,937 trillion rials ($18.1 billion) in the first nine months of the calendar year to November 22. This was an all-time high and above the... -
December 24,2022The Cabinet on Wednesday approved a proposal calling for state-owned banks to raise their capital and enhance lenders' capital adequacy ratio, Economy Minister Ehsan Khandouzi said. "An estimated...
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December 24,2022The weekly government bond auction held by the Central Bank of Iran barely generated 32.24 trillion rials ($83.7 million) as major buyers stayed away for the fifth week in a row. Auctions are held...
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December 21,2022The Central Bank of Iran has floated the possibility of raising interest rates any decision must be first be approved by the Money and Credit Council MCC) before announcement. Economist and...
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December 21,2022An estimated 7 million gold coin bonds, the equivalent of 70,000 Bahar Azadi gold coins were sold in the capital market up until December 20 and are seen as pushing gold coin prices higher in the...
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December 21,2022The Central Bank of Iran says it is concentrating on developing efficient supervisory tools. “The plan for promoting electronic banking and remote service started three decades ago at the central...
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December 21,2022Tehran Stock Exchange's main index, TEDPIX, lost 8,813.33 points or 0.59% on Tuesday to end at 1,492,095.08. The TSE equal-weighted index too lost 0.20%. About 8.8 billion shares worth 53.8...
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December 21,2022Russia’s second largest bank, VTB, has launched a new service allowing both individuals and businesses to transfer money to and from Iran, the lender said, RT reported.
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December 21,2022The Money and Credit Council (MCC), the top decision-making body of financial and monetary markets, is expected to increase interest rates, an unnamed official was quoted as saying Tuesday. "The...
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December 19,2022Banks are overstretched with the swelling demand for small loans and lack resources to meet the trend, a deputy governor of the Central Bank of Iran said. "Bank resources are insufficient to meet...
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December 19,2022The National Development Fund of Iran (NDFI) released a report on its performance since inception in 2011 up until the last calendar year that ended in March. Deals to the tune of $119.2 billion...
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December 19,2022Tehran Stock Exchange's main index, TEDPIX, gained 666.11 points or 0.04% on Monday to end at 1,500,908.60.The TSE equal-weighted index lost 0.15%. About 16.62 billion shares worth 63.5 trillion...
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December 18,2022The Central Bank of Iran says it plans to modify interest rates to help strengthen the depreciating national currency, the bank governor Ali Salehabadi said. “Interest rates could have been used...
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December 18,2022Tehran Stock Exchange's main index, TEDPIX, gained 30,308.55 points or 2.06% on Sunday to end at 1,500,241.84. The TSE equal-weighted index gained 1.71%. About 11.2 billion shares worth 65.64...
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December 17,2022The unprecedented rise in car prices has little if anything to do with the auto sales in the Iran Mercantile Exchange, a market observer says. In his view, IME is the pitch where “supply and...
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December 17,2022Tehran Stock Exchange's main index, TEDPIX, lost 2,827.70 points or 0.19% on Saturday to end at 1,469,933.21. The TSE equal-weighted index gained 0.63%. About 7.84 billion shares worth 48.75...
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December 17,2022The Central Bank of Iran is making concerted efforts to stabilize the chaotic forex market amid the steep decline in the national currency, the bank governor said. “We have set up a joint...
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December 17,2022Banks and credit institutions have given an estimated 445.8 trillion rials ($1.26 billion) in collateral-free loans after the government announced the new lending program in January. The money...
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December 16,2022The loan to deposit ratio (LDR) declined for eight months to November 22 by 82.4%, which was 1.1 percentage points lower than the beginning of the fiscal year in March at 83.2%, the Central Bank of...
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December 16,2022Banks and credit institutions gave 1,347 trillion rials ($3.8 billion) in loans to encourage youth marriage and childbirth since the beginning of the calendar year in late March The Central Bank...
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December 16,2022Iran’s capital market continues to face challenges and officials need to take practical measures to restore trust to the market. “What indeed is the main culprit eating away at the roots of the...
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December 14,2022The Monetary and Banking Research Institute (MBRI) has reported an increase in manufacturing by companies listed in the stock market. Its new report covered 280 companies in the Tehran Stock...
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December 14,2022Some of demands by the Financial Action Task Force (FATF), the global anti-money laundering watchdog, have been implemented, a senior official said Wednesday. The Expediency Council (EC) is again...
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December 14,2022Tehran Stock Exchange's main index, TEDPIX, gained 18,292.84 points or 1.26% on Wednesday to end at 1,472,760.53. The TSE equal-weighted index was 0.85% higher. About 10.47 billion shares worth 72...
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December 13,2022Central Bank of Iran data show relatively higher growth in assets that can be readily cashed compared to less liquid assets. M1 stood at 12,798.7 trillion rials ($36.25 billion), up 56.3% by the...
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