Iran Power Generation, Transmission and Distribution Company, Tavanir, announced new severe measures to discourage unlicensed cryptomining.
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 benchmark of Tehran Stock Exchange, TEDPIX gained 3,918.61 points or 0.26% on Tuesday to end trade at 1,511,075. The TSE’s equal-weighted index gained 0.08%, indicating the performance of…
The total number of credit cards, with at least one monthly transaction, increased 15% to June 20.
Growth in term deposits lagged behind sight deposits as more depositors park money for shorter periods in banks, recent data from the Central Bank of Iran show.
The Central Bank of Iran says annualized broad money growth has been of the declining order. Broad money stood at 49,434.7 trillion rials ($159.5 billion) -- down 37.3% to May 21. This…
Economy Minister Ehsan Khandouzi said Sunday that the government has a positive but rules-based approach towards cryptocurrencies "Policymakers have gone overboard in pushing opposing views…
Experts and financial authorities have apparently come to the conclusion that promoting futures contracts is a must to help improve the struggling capital market, the managing director of Iran…
The rail pared more past losses on Monday and strengthened against major foreign currencies in Tehran’s unofficial market.
The Central Bank of Iran has instructed commercial banks to expedite marriage and childbirth loans. As per a bylaw seen on the CBI website, lenders are also told to facilitate (ease) the…
The benchmark of Tehran Stock Exchange, TEDPIX, closed slightly above the flatline on Sunday amid mounting uncertainty and consecutive decline in retail trade. The market cap-weighted…
An estimated 3.701 billion retail transactions were processed by the domestic electronic payment network, known as Shaparak, in the third month of the calendar year to June 20. They were worth…
Foreign currencies slipped in Tehran’s free market on Sunday impacting the bullion market. The dollar was down 2.3% after logging about 7% gain against the rial in three consecutive…
Total assets of Iranian banks was 107,065.4 trillion rials ($334.5 billion) at the end of the first calendar month of fiscal year to April 20. It was 46% higher y/y but down 3% on a…
The benchmark of Tehran Stock Exchange, TEDPIX, lost 12,083 points or 0.8% on Saturday to close the first trading day of the week at 1,501,631. The TSE’s equal-weighted index fell more than 1…
The Central Bank of Iran says from mid-April it allocated $815 million for importing medicine. According to a press statement seen on bank's website, the money was paid as a part of an…
Foreign currency rates continued to rise in Tehran’s unofficial market at the beginning of business week on Saturday. The dollar was worth 327,500 rials at the close of the session,…
New data show net foreign assets owned by the Central Bank of Iran contributed more to the monetary base expansion the final month of the last fiscal year ending March 20. The role…
Net capital outflow by retail investors continued for the 12th consecutive session Wednesday but the amount was less compared to the week before During five trading sessions in the last…
Insurance startups continue to insist that the Central Insurance company of Iran, the regulator, cannot set up a third-party company for handling affairs related to online insurance services.
The Central Bank of Iran has announced new guidelines for “contract farming” to help improve funding for the key sector.
After days on the pause button, forex rates jumped again Thursday along with gold prices in Tehran. The American currency made a big leap in the unofficial market touching 320,500 rials…
Amid choppy trade on Wednesday, Tehran’s share market ended the week slightly below the flatline. The main gauge of Tehran Stock Exchange, lost 717 points or 0.05% to end trade at 1,513,…
Efforts to alleviate pressure on the national power grid by closing cryptocurrency mining centers have increased with the arrival of the hot summer and peak consumption season.
The National Development Fund of Iran (NDFI) deposited 10 trillion rials ($33 million) with the Capital Market Stabilization Fund (CMSF) on Wednesday.
The government’s bond sale jumped 30% to 28.7 trillion rials ($94 million) in the sixth weekly auction Tuesday held by the Central Bank of Iran.
