Russia’s State Duma supports building ties with Iran and the Central Bank of Iran, says Anton Tkachev, deputy of the State Duma, noting that the two countries need to make better use of…
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 Central Bank of Iran said banks and credit institutions have expedited marriage and micro loans to encourage child birth and support needy households wanting to rent a home.
The ratio of loans to deposits has declined for three months until June 21. It was 81.7% at the end of Q1, which was 1.6 percentage points lower on mid-April when it stood at 83.3%, the…
Unrelenting selloff swept the share market on Sunday pushing most stock categories into negative territory. The benchmark of Tehran Stock Exchange, TEDPIX, shed 17,357.98 points or 1.2%…
Investors at the Iran Mercantile Exchange traded almost 360 million commodity-based certificates of deposit worth 75 trillion rials ($241 million) in the first four months of current fiscal year…
Sixty-three illegal cryptocurrency mining centers were shut in the week to July 21, half of which reported by whistleblowers. According to Energy Ministry's news service, some 714 illegal…
Issuance of money was curbed in the past few months as banks and credit institutions reduced lending, the Economy Ministry said. In a press release seen on its website, the ministry said…
The rise in interbank rates paused after climbing for 14 consecutive weeks and hitting multi-month highs. The rate dropped slightly to 21.13% from 21.31% last Saturday, which was the…
Tehran stocks opened Saturday on a strong note in the early hours but sell-side pressure returned as the session came to a close. The main gauge of Tehran Stock Exchange, TEDPIX, gained…
Bounced checks in the third calendar month (ended June 21) reached of 374 trillion rials ($1.2 billion) up 9.5% monthly. A total of 640,000 checks were rejected by banks in the month,…
Tehran stocks added more loss in the last Iranian business week on Wednesday registering the sixth straight weekly declin The bearish trend was spurred by huge sell-off of small-sized companies…
The Central Bank of Iran says it supports the growth of "buy now pay later" (BNPL) services because of its acceptable impact on the economy. Mehran Mahramian, the CBI deputy chief for…
The government program to sell bonds to plug its budget deficits faltered in the last weekly auction for the second straight week Total bonds offered at both the interbank and equities…
A poll conducted by Iran Chamber of Commerce, Industries Mines and Agriculture (ICCIMA) shows that most businesses are now struggling with the rising need for liquidity after the government…
The Money and Credit Council, the top monetary and banking decision-making body, set a higher ceiling for the legal reserve requirement of banks. According to a press release published…
Tehran stocks closed the week Wednesday with slight gains in most categories but retail investors’ role in overall trade remained unimpressive. The main index of Tehran Stock Exchange,…
The Securities and Exchange Organization (SEO) held a ceremony Wednesday to unveil an electronic platform that eases the collateral process for investors seeking loans. The ceremony was…
After piling losses in the earlier session, selloff pressure eased on majority of shares Tuesday with the benchmark of Tehran Stock Exchange closing slightly below the flatline, …
Insurance startups say implementing measures that promote competitiveness by the regulator is the key for the growth of the sector. Officials from the Central Insurance company of Iran,…
The governor of the Central Bank of Iran, Ali Salehabadi, says the regulator will work to curb interbank rates in line with monetary policy.
Iran’s capital market made available 635 trillion rials ($2 billion) in the first quarter of fiscal 2022-23 (ending June 21). This was 31% lower compared to 926 trillion rials ($2.9b)…
Stocks took a fresh drubbing on Monday amid uninterrupted capital outflow and uncertainly among retail investors. The benchmark of Tehran Stock Exchange, TEDPIX, lost 24,342.31 points or…
The Energy Ministry has revised crypto mining regulations to help ease miners' access to renewable power. As per a decree, miners are no more obliged to use on-site power plants and can buy…
The Governor of the Central Bank of Iran, Ali Salehabadi, said goals anticipated in the Seventh Five-Year Economic Development Plan should be realistic and accessible. The sixth plan ended last…
Repaying forex debt to the National Development Fund of Iran has improved in the past ten months, a member of the NDFI executive board said. Alireza Mirmohammad-Sadeqi said companies…
