Business And Markets

The Central Bank of Iran has published its latest report on the economic performance of the country for the six months ending Sep. 21. Although the report lacks important data such as the growth…

After years of isolation left them with outdated practices, banks in Iran are trying to fall in line with international norms of transparency, attract more business and integrate with the global…

The government has sufficient financial resources to implement the long-pending single foreign exchange rate regime, said Kamal Seyyed Ali, head of the Export Guarantee Fund of Iran.

Central Bank of Iran needs more authority to start merging banks, said Ali Divandari, head of the Monetary and Banking Institute.

The US dollar was traded at 36,800 rials in markets on Saturday -- a drop of 230 rials compared with the previous day’s close. The currency experienced surges during the last week crossing the…

Lloyd's of London, the British insurance firm, is to send international insurance marketing experts to Iran, to study potentials in the country's free trade zones, said the company’s chief…

A 10-12% annual increase in foreign exchange rates based on the inflation rate is not an anomaly, says a economist.

“Those who insist that currency rates must stay fixed should (also) keep…

A banking official admits a significant rise in the interbank interest rates, but denies reports that put the rates as high as 24%.

“Interbank interest rates have increased from 16% to 21%…

Tehran Stock Exchange’s main index inched up 10.23 points or 0.01% to end Saturday trade at 79,278.60.

More than 678 million shares valued at $41.5 million changed hands for the day.

The rise in steel prices in Iran could speed up significantly this week, although local demand is not strong.

The appreciation of the dollar against the Iranian rial, as well as concerns…

Airbus says it is evaluating the implications of a congressional vote that could block it and Boeing from providing jets to Iran, as a $27 billion order announced in January is at stake.

Markets in Tehran had a rocky month. Though they mostly traded sideways, both of Tehran’s equity exchanges hit record highs in the month.

However, the month’s calamitous event was Donald…

Iran Fara Bourse will list Iran Mercantile Exchange on its primary board. IME’s request was approved, but not before the exchange doubled its capital to 900 billion rials ($24.4 million at market…

Production and consumption of gold has declined by two thirds during the past five years as a result of consecutive price swings, said Mohammad Keshti Arai, head of Tehran Gold and Jewelry Union…

Banks have recovered 203 trillion rials ($6.3 billion) of their non-performing loans during the past three years,” said Gholamreza Malekshoar, head of Central Bank of Iran’s Office for Banking…

The Central Bank of Iran is negotiating with international credit card issuers and preparing the infrastructure for the official reentry of the payments technology companies, says the bank…

Head of the Tehran Association of Realtors says the volume of real estate deals in the capital rose 18% since the start of autumn, a trend which he hopes would extend to other parts of the country…

India has carved a new geopolitical beginning in the Persian Gulf region by putting Chabahar in the grand canvas of its geo-economic calculus in the emerging Asian architecture.

However,…

Tehran Stock Exchange and Iran Fara Bourse may separate their trading systems to better handle trading traffic that has caused headaches for investors in recent months. “This is an opportunity for…

During the past week, stocks mainly recouped losses that they incurred on November 9, after Donald Trump was announced as the new US president.

Tehran Stock Exchange's main index gained 857…

A research center for titanium pigment production became operational in the city of Kahnouj in Kerman Province on Tuesday.

First Vice President Es’haq Jahangiri, Minister of Industries,…

The US House of Representatives passed a bill on Thursday to block the sale of commercial aircraft to Iran in a bid to stop sales by Boeing and Airbus that have already been approved by President…

A Central Bank of Iran official says rather than focusing on the reaction to the US election, the central bank must “implement good and consistent policies” and work to make Iran’s economy “…

The US dollar experienced a hike in both the official exchange market and the Tehran open market on Wednesday as Bahar Azadi–the benchmark Iranian gold coin– fell.The greenback was traded at 32,…

The role of the Asian Infrastructure Investment Bank (AIIB) in Iranian economic projects was discussed in a meeting between the president of the China-based bank and the minister of roads and…