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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July 03,2022Foreign 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, posting 2.1%... -
July 03,2022The 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 agreement...
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July 03,2022New 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 of bank debts...
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July 02,2022Net 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 business...
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July 02,2022The Central Bank of Iran has announced new guidelines for “contract farming” to help improve funding for the key sector. As per a definition by Food and Agriculture Organization of the United...
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July 02,2022Insurance 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. In a...
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July 02,2022After 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 to post 2...
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June 29,2022Efforts 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. According to Iran...
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June 29,2022The 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. Bond auctions are held to raise funds for the...
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June 29,2022Amid 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 1,513,715. The...
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June 29,2022The National Development Fund of Iran (NDFI) deposited 10 trillion rials ($33 million) with the Capital Market Stabilization Fund (CMSF) on Wednesday. “This was in line with a previous agreement...
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June 29,2022The 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 Economy...
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June 29,2022After 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 at 1,514,...
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June 29,2022Disciplinary 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 of the...
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June 29,2022The Central Bank of Iran has announced higher ceilings for security deposit loans to help the low-income strata rent a home. As per a press release seen on the CBI website, banks and credit...
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June 28,2022The 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 slightly...
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June 28,2022The 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 supply...
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June 28,2022Saman Insurance company, affiliated to Saman Bank, says it will soon offer new packages exclusively for Iranian firms doing business with Iraq. Company officials met members of the Iran-Iraq...
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June 28,2022The 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. The...
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June 27,2022Tehran 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 points or 1.25...
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June 27,2022Trade 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.
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June 27,2022The 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...
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June 27,2022The 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. Mohammad Beigi,...
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June 27,2022The 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 deals...
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June 26,2022The 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-weighted...
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