Business And Markets

Trading in the Tehran Stock Exchange tumbled on Sunday as the negative psychological climate created by political developments continued to batter investor sentiment.  The bearish trends…

The Central Bank of Iran is strongly opposed to the policy of printing money to plug budget holes, Abdolnasser Hemmati, the CBI boss, said. He said the government is stepping up efforts to find…

CEO of the Special Trade and Finance Institute, the newly created trade mechanism to reciprocate with the European Instrument in Support of Trade Exchange (INSTEX), says now it is up to Europe…

A report by Tehran Chamber of Commerce, Industries, Mine and Agriculture shows the foreign exchange market recorded the highest return in the previous fiscal (March 2018-19) compared …

The policy of granting costly subsidies to help improve the quality of life of the people have apparently failed, and experts say the rich have benefitted much more than those at the middle and…

Banks divested over 120 trillion rials ($800 million) in surplus holdings in the last fiscal (March 2018-19), the deputy economy minister for banking, insurance and state-owned companies said.…

Shaparak, the nationwide payment network, processed an estimated 1.82 billion transactions worth 1.83 trillion rials ($11.7 billion) during the month to April 20 – down 17.66% in the number of…

Following three bear market sessions, the Tehran Stock Exchange on Wednesday turned bullish amid rising investor demand for big shares.     The main index of TSE, TEDPIX, pared…

In a move to curb cybercrime pertaining to debit card fraud and increase the security of online banking, the Central Bank of Iran has instructed banks and credit institutions to use one-time…

Currency rates have been rising in Iran’s open market amid the negative psychological climate created by the ongoing political developments and investors’ uncertainty about what the future holds…

The CEO of Iran Mercantile Exchange says the gold coin futures market will resume in the near future after a short hiatus. Hamed Soltaninejad said new gold coin futures have improved to be…

Massive selloff, the market’s corrective response to earlier gains, and a bearish global market pulled the main gauge of Tehran Stock Exchange down on Tuesday to record another fall in the third…

The Statistical Center of Iran has published its latest report on Tehran’s home and land prices in addition to rents, which indicates a significant increase during the fourth quarter of the last…

India’s government is holding talks with a new bank to facilitate trade with Iran and process Iran/India transactions. The new bank is set to work in tandem with UCO bank, according to Gaddam…

If there has been an acute need for structural reforms and fiscal probity in Iran it is now. Much has been said and written about the role, compulsion and significance of transparency and…

After a moderate decline in the main gauge of the Tehran Stock Exchange on Sunday, TEDPIX pared its earlier gains on Monday to record its most drastic fall in the past seven months. …

Members of the European financial mechanism company known as INSTEX [Instrument in Support of Trade Exchanges] and its Iranian counterpart will join talks between Iran and the five signatories…

An update on licensed currency exchange shops shows their number has increased from 419 in the 2017-18 fiscal to 692 in the current year that started on March 21.  According to IBENA,…

Lawmakers on Sunday decided to look into the performance of the Central Bank of Iran during the past five years. The bank’s seemingly poor performance in regulating the currency market and the…

The value of exchange-traded funds stood at 254.4 trillion rials ($1.7 billion) at the end of the first month (March 21-April 20) of the current fiscal, according to the Central Securities…

After seven consecutive rallies, Tehran Stock Exchange turned bearish on Sunday and its main index, TEDPIX, shed 532 points to close trading at 224,057 points and enter a correction phase.…

Since the beginning of the current fiscal (March 21) over 2.2 billion has been sold via the Integrated Forex Deal System, locally known as Nima, the Central Bank of Iran reported.  Nima is…

The share of life insurance in the overall portfolio of the Iranian insurance industry is meager which has reduced the overall penetration rate of insurance cover in the country of 80 million…

Governor of the Central Bank of Iran has outlined six monetary and banking plans to help fend off the new US economic sanctions. Abdolnasser Hemmati in an Instagram post Friday said the CBI is…

Amid the upbeat in the Tehran stock market, gold and currency closed the week bullish despite decline in international gold prices.  The US dollar briefly climbed above the resistance…