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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April 24,2021Foreign exchange rates in Tehran were mostly unchanged Saturday as the market waits for the outcome of diplomatic efforts to revive the landmark Iran nuclear deal and lifting of the US economic... -
April 24,2021Before the Supreme Council of Economic Coordination convenes, a group of 100 stock market experts and managers of listed companies in a letter recommended ways to help lift the sagging bourse. ...
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April 24,2021Data released by the Central Bank of Iran show lending by banks increased in the month to January 19. The loan-to-deposit ratio rose 1.4% to reach 80.8% indicating a 2.2% increase compared to the...
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April 24,2021More than 2.74 million tons of goods worth 349 trillion rials ($1.45 billion) were traded at the Iran Mercantile Exchange in the last Iranian month that ended on April 20. The deals grew 350% in...
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April 24,2021The Central Bank of Iran said henceforth banks and licensed moneychangers can use cryptocurrency mined by authorized miners in Iran to pay for imports. It said lenders and moneychangers have been...
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April 24,2021Foreign exchange rates were down Thursday with the dollar retreating to below 240,000 rials in Tehran's free market.
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April 24,2021Data released by the Central Bank of Iran indicate that banks handled transactions worth almost 775.3 trillion rials ($3.2 billion) a day at the interbank market in the previous fiscal year (March...
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April 21,2021Bucking a declining trend that started on Saturday, foreign exchange rates reversed course on Wednesday gaining against the national currency. The dollar scaled back above 240,000 rials for day...
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April 21,2021Iran has used a part of its forex assets blocked in South Korea to pay for the Covid-19 vaccine, head of the Iran-South Korea Joint Chamber of Commerce said.
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April 21,2021The Central Bank of Iran said banks and credit institutions can issue debit cards for companies and legal entities.
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April 20,2021Currency rates in Tehran were choppy Tuesday with the dollar near the 240,000-rial support level in the free market.
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April 20,2021The governor of Central Bank of Iran says the bank is prepared to meet the foreign currency needs for importing Covid-19 vaccine. In a note posted on his social media account, Abdolnasser Hemmati...
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April 20,2021A senior official at the Planning and Budget Organization says high inflation is largely due to currency rate shocks and excessive borrowing of private banks from the Central Bank of Iran. Hamid...
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April 20,2021Tehran stocks closed Monday again in the red extending a long streak of losses. The main gauge of Tehran Stock Exchange, TEDPIX, lost 7,920.75 points or 0.65% to end trading at 1,216,874. In...
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April 20,2021Foreign exchange rates were choppy Monday rising slightly in the early hours of trade before making a sharp retreat. The US dollar closed at 241,500 rials in Tehran's free market down 1.4%...
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April 18,2021A week after the economy minister asked banks to abide by the CBI policy on deposit and lending rates, the governor of the Central Bank of Iran communicated the same to CEOs of banks. In a...
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April 18,2021Economic downturn is further affecting Tehran stocks amid the visible lack of interest in shares while jittery investors pushing hard to sell. The market on Sunday recorded the lowest trade value...
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April 18,2021The Securities and Exchange Organization will increase the limit down price in the share market from April 21, the SEO head said.
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April 18,2021Settlement of Iraqi debt to Iran is likely to start in a month following an agreement signed by the two governments in March, the secretary general of the Iran-Iraq Joint Chamber of Commerce said...
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April 17,2021Majlis is trying to develop legal framework to allow trade in cryptocurrency, head of the economic commission said. Mohammadreza Pourebrahimi said the commission has done a comprehensive...
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April 17,2021Tehran's share market opened trading week on Saturday again in red extending a bruising selloff that has lingered since the middle of last year. The main index of Tehran Stock Exchange, TEDPIX,...
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April 16,2021The Governor of Central Bank of Iran Abdolnasser Hemmati dismissed claims that the CBI is the "government’s biggest debtor.” Hemmati was objecting to statements Tuesday by Mohammad-Baqer Nobakht...
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April 16,2021The International Monetary Fund rectified its estimation of Iran's foreign currency reserves after it was questioned by the country's central bank.
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April 16,2021With lockdowns to contain the spread of Covid-19, gold trade has moved to unofficial online platforms lacking proper monitoring, vice president of the Tehran Gold and Jewelry Union said.
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April 14,2021The Trade Promotion Organization of Iran announced new rules Wednesday for repatriating forex earnings from exports in the current fiscal year that ends March 2022. It was prepared and published...
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