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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November 09,2022The government's weekly bond sale was held on Tuesday with banks returning to the auction after staying away for almost two months. Debt worth 15.75 trillion rials ($43.17 million) was sold in the... -
November 09,2022Governor of the Central Bank of Iran, Ali Salehabadi, says the bank has enough resources and tools to stabilize currency and gold prices that have rocketed to unprecedented high in the past several...
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November 09,2022Data released by the Central Bank of Iran show relatively higher growth in assets that can be readily changed into cash compared to less liquid assets. Value of money, or M1, stood at 12,163...
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November 09,2022Tehran Stock Exchange main index, TEDPIX, moved higher on Tuesday adding 17,982 points or 1.29% to end at 1,407,734.06. It was the eight session of the TSE’s improvement in fortunes after declining...
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November 09,2022An estimated 3.71 billion retail transactions were processed by the domestic electronic payment network Shaparak in the seventh month of the Iranian calendar year to Oct 22. These were worth 7,051...
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November 09,2022Gold coin prices dropped in Tehran market on Tuesday as the Central Bank of Iran launched the initial public offer for Bahar Azadi gold coin bonds at the Iran Mercantile Exchange (IME). Bahar...
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November 07,2022The Central Bank of Iran has launched the initial public offer for Bahar Azadi Gold Coin Bonds at the Iran Mercantile Exchange (IME). The sovereign gold bonds (SGBs) should help restore stability...
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November 07,2022The recent hike in currency prices in the domestic market is largely due to inflationary expectations, which in and of itself has more reasons than one. “US mid-term elections will be held on...
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November 07,2022Tehran stocks jumped higher on Monday for the seventh day in a row. Tehran Stock Exchange main index, TEDPIX, gained 45,076.24 points or 3.35% to end at 1,389,752.61. About 11.47 billion shares...
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November 07,2022Despite the Central Bank of Iran warning banks against interest rates higher than those set by the regulator, banks and credit institutions are oblivious to its entreaties and continue offering...
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November 06,2022Tehran Stock Exchange's main index, TEDPIX, gained 1,344,675.86 points or 1.23% on Sunday to end at 1,344,675.86. The TSE equal-weighted index gained 1.35%. About 8.64 billion shares worth 48.56...
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November 06,2022Data related to the performance of the National Development Fund of Iran must available to the public because resources of this sovereign fund belong to all Iranians, head of the NDFI board of...
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November 06,2022The Central Bank of Iran on Sunday said selected banks have been allowed to sell foreign currency at negotiated rates in line with new measures to help tame the high and rising forex market. It...
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November 06,2022Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show...
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November 05,2022Iran’s foreign debt was $7.16 billion by the end of the fifth calendar month (August 22), the central bank said Saturday. This was almost 17.4% lower from the beginning of the year in March 2022....
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November 06,2022Tehran stocks rebounded on Saturday amid rising retail trade and fresh liquidity following weeks of large sums quitting the market. Tehran Stock Exchange's main index, TEDPIX, gained 44,782.76...
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November 05,2022The board of directors of Iran Fara Bourse, Iran's over-the-counter exchange, appointed Muhammad Ali Shirazi as the new head of IFB replacing Meysam Fadaei, who resigned on Thursday after less than...
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November 05,2022The Ministry of Economic Affairs and Finance is preparing a bill to disengage from the harm inflicted on the economy due to years of government-dictated prices on goods. “The law, on many...
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November 04,2022The Central Bank of Iran has given permission to exchange shops to buy and sell foreign currency online through the website of the Iran Currency Exchange (ICE). CBI Governor Ali Salehabadi said...
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November 04,2022Tehran’s share market wrapped up the week on Wednesday recovering some loss incurred in the week before when it was hit by the biggest five-day loss since the beginning of the fiscal year in late...
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November 04,2022Iran and Oman central banks discussed ways to boost cooperation in Tehran on Thursday. Ali Salehabadi, governor of the Central Bank of Iran in talks with the visiting Chairman of the Central Bank...
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November 02,2022The government bond offer was welcomed by stock market investors on Tuesday after two consecutive unsuccessful weeks wherein the main buyers (banks and institutional investors) stayed away. Debt...
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November 02,2022Despite persistent warnings by the Central Bank of Iran, banks continue to offer higher interest rates on deposits -- up to 22% and 24%. There is plenty of evidence of the toxic impact of such...
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November 02,2022Currency prices shot up Wednesday in Tehran's open market with the US dollar at an all-time high. The greenback was quoted at 344,400 rials on Wednesday, up 2.96% or 10,200 rials, Eghtesadnews...
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November 02,2022The main index of Tehran Stock Exchange, TEDPIX, gained 3084.62 points or 0.24% on Wednesday to end at 1,283,540.76. About 6.18 billion shares worth 33.88 trillion rials ($98 million) changed...
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