Business And Markets

The Central Bank of Iran hopes it would be able to ease the unprecedented pressure on the currency market after billions in assets are unlocked overseas. Speaking on the sidelines of a Cabinet…

Data from recent weekly bond auctions show increasing aversion of investors to buy bonds offered by the government, apparently due to the low returns compared to parallel markets. …

Financial markets in Tehran on Tuesday had an uneventful session after a highly volatile day a session earlier.  

The government will maintain the policy of selling its shares in state-owned companies via the bourse. Addressing economic and bank officials at a Cabinet meeting on Tuesday, President Hassan…

After gains a session earlier, the main index of Tehran stocks closed Monday trade in negative territory despite increase in trade value.  The benchmark of Tehran Stock Exchange, TEDPIX,…

Taking stock of the extended volatility in Iran’s financial markets, the Majlis Research Center examined the root causes and offered some potential solutions.  In the view of the…

Struggling to bring some semblance of stability to the turmoil gripping the currency market, the Central Bank of Iran said it was again pumping cash to stabilize the situation.  In a press…

An agreement was reached between the Central Bank of Iran, Central Bank of Iraq and the Trade Bank of Iraq to unfreeze Iran's financial assets in the neighboring country. 

Tehran stocks reported the highest daily growth on Sunday since late August fueled by spike in foreign currency rates and renewed demand from retailers.  After a lukewarm market on…

Shaparak, the main payment settlement network in Iran, processed 2.92 billion transactions worth 4,875.12 trillion rials ($16.25 billion) in the last calendar month to Sept. 21. Compared to the…

Coming on the heels of the chaotic forex market, gold prices shot up in Iran on Sunday as the Emami gold reached 161 million rials, rising 5.5 million rials or 3.41% in one day. 

The foreign exchange market in Iran is experiencing unprecedented highs as major currencies continue to rise against the national currency.  

Tehran stocks opened trading week on Saturday amid a lukewarm reception of blue chips and relatively high demand for shares of smaller companies.  The market-cap weighted index of Tehran…

Gold and foreign currency in Tehran posted strong gains in post-holiday trading on Saturday jumping to record highs. Emami gold coin jumped 7.5 million rials, or 4.82%, to an all-time high of…

News US sanctions against Iranian banks are less likely to have further impact as they are already under multilayer restrictions, a monetary expert and former banker said. 

The Statistical Center of Iran has published its latest findings concerning building permits issued in Iran, especially in the capital city Tehran, during the last fiscal year that ended on…

The average Consumer Price Index for rents in urban areas during the four-quarter period ending Sept. 21, which marks the end of the second quarter of the current Iranian year, increased by 24.3…

The Supreme Audit Court of Iran, the supervisory arm of the parliament, issued a ruling reversing a decision by the Iranian Privatization Organization two years ago to divest Moghan Agro…

Bond auctions held Tuesdays by the Central Bank of Iran concluded with none of the legal or individual investors showing interest in the government bonds.  As per an earlier announcement,…

New exchange rates should be used by banks as the basis for converting their forex debt and assets into rial, the Central Bank of Iran said Thursday. As per a CBI bylaw, each euro will be equal…

Governor of the Central Bank of Iran Abdolnasser Hemmati, said Thursday that the new US sanctions against Iranian banks are yet another blow to the few remaining channels to pay for food and…

Following two consecutive loss sessions, Tehran’s share market saw increase in demand on Tuesday, particularly for small-cap stocks.

The market-weighted benchmark of Tehran Stock…

Bank of Industry and Mine, a specialized bank owned by the government, unveiled an open banking platform in line with belated plans to access new financial technologies. 

Government organizations refuse to abide by budgetary laws that call for relinquishing more than 60 trillion rials ($210 million) in assets, an official with the Economy Ministry said.  

Unabated rallies in currency rates propelled exchange shops affiliated to the Central Bank of Iran to push rates to unprecedented levels on Tuesday.  The dollar climbed 10,000 rials to 292…