The governor of the Central Bank of Iran reiterated that all state and private lenders should raise capital to be able to improve efficiency. Ali Salehabadi said in collaboration with the…
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.
After sessions of lukewarm trade, Tehran’s share market closed Tuesday in positive territory. The main index of Tehran Stock Exchange, TEDPIX, gained 10,369 points or 0.69% to end trade…
The Central Bank of Iran has announced higher ceilings for security deposit loans to help the low-income strata rent a home.
Disciplinary measures taken by the Central Bank of Iran has to some degree improved the balance sheets of banks, head of the CBI Department for Health Assessment said. “Regular monitoring…
The main index of Tehran Stock Exchange, TEDPIX, ended Monday slightly higher gaining 2,724 points or 0.18% to end at 1,504,065. Almost half of active tickers fell and retail trade rose…
Saman Insurance company, affiliated to Saman Bank, says it will soon offer new packages exclusively for Iranian firms doing business with Iraq.
The reasons fueling hyperinflation in the last calendar month are plenty, the Central Bank of Iran’s deputy for economic affairs said. “There are multiple factors. Main among them are…
The national currency pared more past losses on Monday. The US dollar traded almost 10,000 rials lower at 305,000 rials in Tehran’s unofficial market to post more than 3% decline to the day.…
Tehran share market dived deeper on Sunday amid mounting selloff pressure and retail investors’ rushing to exits. The main gauge of Tehran Stock Exchange, TEDPIX, shed 18,955.07…
The Central Bank of Iran seems hopeful about fulfilling the goals of the bank’s digital currency project, especially those related to innovating payment and monetary mechanisms.
Trade via units of exchange-traded funds listed in Iran Fara Bourse stood at 430 trillion rials ($1.4 billion) in the first quarter (March 21-June 21) of the current fiscal year. This was 107%…
The spot market of the Iran Mercantile Exchange hosted 10.826 million tons of goods worth 802 trillion rials ($2.6 billion) in the last calendar month to June 21. In terms of volume, the…
The currency market saw declining rates on Sunday as sellers outnumbered buyers in Tehran’s free market. The same was true in the domestic bullion market as the yellow metal was much weaker.…
The benchmark of Tehran Stock Exchange, TEDPIX, lost 13,058 points as trading week opened Saturday losing 0.85% to end at 1,520,334. Unlike the market cap-weighted TEDPIX, the TSE’s equal-…
The Securities and Exchange Organization (SEO) has announced the articles of association for setting up guaranteed investment funds. The funds are designed to encourage indirect investment by…
The secretary of Iran's High Council of Free Trade Zones said the Central Bank of Iran has okayed opening of an offshore bank in Kish Island Free Trade Zone.
The Central Insurance company of Iran, the industry’s regulator, has denied claims that it plans to create a monopoly in the online insurance market.
While forex rates advanced at the end of last week, the trend paused on Saturday apparently due to unexpected political developments and cautious optimism. The market was relatively stable in…
Net capital outflow by retail investors amounted to 22.42 trillion rials ($72.3 million) in five trading sessions in the preceding Iranian week that ends on Wednesday. This was almost a three-…
Check transactions rose sharply on a monthly basis in the second calendar month to May 21 after posting steep decline a month earlier. The number of issued checks jumped 20.9% to…
Iran Power Generation, Transmission and Distribution Company (Tavanir) has again told all cryptocurrency miners to suspend work during the three summer months. Mostafa Rajabi Mashhadi, the…
A report by the Monetary and Banking Research Institute (MBRI) showed a fifth consecutive decline in output of manufacturing companies listed in the stock market. It reflected on the…
The Central Bank of Iran Wednesday launched its regulatory sandbox to address regulatory challenges faced by the bank and financial startups. Speaking at the unveiling ceremony at the CBI…
Tehran stocks closed the week Wednesday in negative territory as capital continued to flow out the distressed share market. The main index of Tehran Stock Exchange, TEDPIX, lost 6,237…
President Ebrahim Raisi has called on the Central Bank of Iran to take early action to bring dysfunctional banks and credit institutions into line. “Drawing on existing legislation, the…
