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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September 12,2020Building on earlier gains, the US dollar advanced at the start of the trading week on Saturday climbing above the psychological level of 260,000 rials in unofficial currency markets in Iran. This... -
September 11,2020Gold coin prices jumped above the all-time high of 120 million rials on Thursday as demand for the metal and foreign exchange rates soared again. Emami gold coin briefly broke past the...
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September 11,2020A plan to launch an international stock exchange is getting the finishing touches and is scheduled to be launched by late October, the economic deputy to the secretary of Iran's High Council of...
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September 11,2020As the stock market continues to plunge, the High Council of Securities and Exchange said banks too can invest in the bourse. This is in line with a variety of measures by the government to revive...
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September 11,2020An estimated 2.89 billion transactions worth 4,769.01 trillion ($20.7 billion) were processed via Shaparak (the nationwide electronic payment network) in the fifth month of current fiscal year (...
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September 09,2020Tehran Stocks offered a sliver of hope at the close of trading week Wednesday as sell-off pressure eased in the final hours of trading session. The main index of Tehran Stock Exchange, TEDPIX,...
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September 09,2020The government sold 54 trillion rials ($225 million) in Islamic bonds during the weekly bond auction held by the Central Bank of Iran. Buyers were banks and credit institutions, investment funds...
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September 09,2020The Central Bank of Iran on Wednesday temporarily suspended allocation of $2,200 or equivalent in foreign currency at relatively less rates to the people after price arbitrage with the free market...
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September 09,2020After months of turbulence and sharp increases, a new report by the Central Bank of Iran shows a semblance of calm has returned to Tehran’s housing market. The average price of each square meter...
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September 08,2020One or more neobanks will start operation in 2021, the Central Bank of Iran's deputy governor for innovative technologies said. "Robotic process automation and neobanks are among the latest...
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September 08,2020Tehran stocks piled up more losses on Tuesday as the sell-off of majority of shares continued unabated but the overall volume of share sales kept diving. The main index of Tehran Stock Exchange,...
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September 08,2020Foreign exchange rates gained against the rial in Tehran’s unofficial market Tuesday amid rising demand and despite large-scale forex injection by exchange bureaus affiliated to Central Bank of...
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September 07,2020Price of the dollar increase slightly by 0.04% on Monday to reach 246,300 rials. The currency started the week with 1.3% increase.
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September 07,2020The Monetary and Banking Research Institute (MBRI), the research arm of Central Bank of Iran, has looked into challenges ahead of Iran’s currency swap agreements and offered solutions. Political...
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September 07,2020Thirty-six percent of all homebuyers in the first four months of the current fiscal year (March 20-July 21) used Bank Maskan loans to finance their homes. A total of 95,000 home deals were...
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September 07,2020The Securities and Exchange Organization wants to tap into the National Development Fund of Iran, the country’s sovereign wealth fund, to prop up the struggling stock market, the SEO chief said. ...
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September 07,2020After fragile gains in the past two session, Tehran stocks plunged further on Monday as investors rush to sell with simply no empathy from buyers. The main index of Tehran Stock Exchange, TEDPIX...
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September 06,2020Bank customers had 29,326.1 trillion rials ($127.5 billion) in deposits by the end of the calendar month to June 20, according to monthly data released by the Central Bank of Iran. Deposits with...
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September 06,2020Relentless sell-off pressure hit the Tehran stock market on Sunday as retail investors struggled to get their money back while institutional buyers continued to boost demand. Despite the negative...
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September 06,2020The trade channel between Iran and Switzerland, known as the Swiss Humanitarian Trade Agreement (SHTA), is expected to be more viable than its counterparts and function even after a possible change...
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September 05,2020Checks worth about 195 trillion rials ($866 million) bounced during the Iranian month to July 21 -- up 4.9% compared to a month before. An estimated 874,000 bad checks were returned by banks...
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September 05,2020Banks owned by the government sold 280 trillion rials ($1.2 billion) in assets since January 2018, the Ministry of Economy said in a report. Lenders sold nonfinancial assets worth 130 trillion...
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September 05,2020After a brief halt on Thursday, forex rates resumed rally at the start of the trading week on Saturday with the dollar gaining more than 5,000 rials in Tehran’s open market. The greenback surged...
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September 05,2020The market cap-weighted index of Tehran Stock Exchange, TEDPIX, gained 10,096 points on Saturday to close session 0.62% higher. The TSE benchmark ended trade at 1,642,037 points, a level seen by...
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September 04,2020The Central Bank of Iran outlined key measures to tame mounting inflation and guide it toward the ±22% target. In a press release on its website, the CBI linked the galloping inflation to the...
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