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.
August 09, 2022 19:55
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June 07,2022Currency and gold prices retreated slightly from the recent highs as the market opened on Monday after the two-day public holiday. The US dollar shed more than 0.6% or 2,000 rials to change... -
June 07,2022Extending a long losing streak, Tehran stocks opened Monday under fresh selloff pressure, registering the biggest daily loss in one month. The benchmark of Tehran Stock Exchange, TEDPIX, shed 27,...
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June 07,2022The Majlis on Monday began an investigation into the performance of Iranian banks. In a letter to 25 banks and credit institutions, the parliamentary committee in charge of the probe ordered CEOs...
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June 07,2022The Governor of the Central Bank of Iran Ali Salehabadi said the CBI will soon issue forex-backed bonds to fund development projects. CBI officials have recently spoken about plans to issue forex...
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June 06,2022The loan-to-deposit ratio (LDR) of banks and credit institutions increased for five consecutive months, indicating the penchant for higher lending. LDR was 83.2% by end of the last fiscal year (...
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June 06,2022The High Council of Economic Coordination gave the Central Bank of Iran additional authority to restore calm to the chaotic currency market. The council is the ad hoc decision-making body...
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June 06,2022The Majlis Research Center, the research wing of the parliament, has assessed the impact of the government ban on cryptomining and closure of unauthorized mining centers, saying that the policy was...
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June 06,2022Investment funds in the domestic capital market held assets worth 6,078 trillion rials ($19.6 billion) by end of the first Iranian calendar month to April 20. The assets were managed by 289 funds...
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June 05,2022During a choppy trade on Wednesday, the benchmark of Tehran Stock Exchange, TEDPIX, pared early hour gains and ended slightly below the flatline.
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June 05,2022After a one-day hiatus, foreign exchange rates soared on Wednesday at Tehran’s free market, which also pushed up prices in the bullion market. The US dollar advanced to as high as 317,000 rials...
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June 05,2022More than 41,000 automated teller machines across the country are now connected to the Central Bank of Iran's Sayyad system that allows account holders to register checks and assess the credibility...
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June 05,2022The National Development Fund of Iran has received the go-ahead to broaden its investment scope, the sovereign wealth fund’s board of directors announced. In a meeting attended by President...
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June 05,2022The government generated 30.1 trillion rials ($97 million) in the second round of weekly bond auction held by the Central Bank of Iran on Tuesday. The auctions are held by CBI on behalf of the...
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June 01,2022The government on Tuesday submitted a bill to parliament regarding Iran's contribution to the sixth round of Islamic Development Bank's (IDB) capital increase. According to Mohammad Hosseini,...
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June 01,2022The 29th Monetary and Banking Conference in Tehran ended Tuesday after debating the trends in inflation and adopting strategies to curb it. Organized by the Monetary and Banking Research...
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June 01,2022The benchmark of Tehran Stock Exchange, TEDPIX, closed Tuesday in positive territory gaining 5,330 points or 0.35% to end trade at 1,542,711.
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June 01,2022Logging daily gains since last week the US dollar crossed the critical 310,000-rial level on Monday in the open market and closed at 311,000 rials, rising more than 3%. America’s currency soared...
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May 30,2022The Central Bank of Iran plans to launch its digital currency project, known as the crypto-rial by the end of the summer. Governor Ali Salehabadi made the announcement at the opening ceremony of...
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May 30,2022Data released by the Central Bank of Iran show broad money registered a slight monthly decline in the first month of current fiscal year ending April 20. Broad money stood at 48,234 trillion...
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May 30,2022Bucking a two-day losing trend, the benchmark of Tehran Stock Exchange, TEDPIX, ended trade Monday in positive territory. The market cap-weighted TEDPIX gained 3,322 points or 0.22% to finish...
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May 30,2022Despite the Reserve Bank of India (RBI) allowing use of third-party currency for doing business with Iran, Indian tea exporters are facing difficulties as Tehran is unable to make direct payment in...
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May 29,2022Tehran’s share market Sunday incurred one of the biggest losses in recent days amid retail investors’ continued reluctance to trade plus large-scale capital outflow. The benchmark of Tehran Stock...
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May 29,2022Tehran Municipality is buying material and equipment for its urban expansion projects from the Iran Mercantile Exchange, a deputy mayor said Sunday. Abolfazl Fallah said the move should help...
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May 29,2022The Central Insurance company of Iran (CII) published a report on the industry's performance saying the number of branches and insurance agents increased in the last fiscal year that ended in March...
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May 29,2022The Central Bank of Iran Sunday issued new instructions obliging banks to monitor the transactions of customers based on their “level of activity”. The instructions, seen on the CBI website,...
