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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March 03,2020Tehran Stock Exchange and over-the-counter market Iran Fara Bourse extended earlier rallies on Tuesday as the power of fresh money continues to beat external risks. The main gauge of TSE gained... -
March 02,2020Spike in foreign currency rates gained momentum on Monday after an average 3% climb a day earlier. Each US dollar was quoted 155,000 rials by exchange-bureaus affiliated to the Central Bank of...
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March 02,2020In a delayed response to the humanitarian trade channel between Iran and Switzerland coming into full effect, governor of the Central Bank of Iran said its effect should be seen in practice. “It...
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March 02,2020The benchmark of Tehran Stock Exchange jumped more than 2.6% on Monday to extend a winning streak into the second day. TSE’s main index, TEDPIX, peaked a new high by adding 13,745 points for the...
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March 01,2020The Central Bank of Iran has linked big loans to submitting all financial documents, a move that further tightens lending restrictions. In a directive sent to banks and credit institutions, the...
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March 01,2020Central Bank of Iran has required individual customers to provide documents showing the reason for transactions above 2 billion rials ($13,340 as per Sunday exchange rates). This is said to be in...
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March 01,2020Tehran Stock Exchange eked out a 1.9% gain on Sunday and soared close to 9,800 points to pare some of the losses a session earlier. Stocks recovered from a rare nosedive that wiped more than 18,...
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February 29,2020Foreign exchange rates and gold coin prices fell on Saturday following Central Bank of Iran measures to moderate rates after a week of high volatility. The US dollar that had leaped 9.1% the...
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February 29,2020Tehran stocks took a drubbing Saturday unseen in recent history after the main gauge of Tehran Stock Exchange, TEDPIX, shed more than 18,000 points. The market cap-weighted TEDPIX lost 3.44% and...
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February 28,2020The United States and Switzerland formally launched a humanitarian trade channel on Thursday that will allow companies to trade food, medicine and other critical supplies with Iran.
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February 28,2020The Financial Action Task Force blacklist means significantly increasing the cost of doing business with the outside world, a senior member of the Tehran Chamber of Commerce, Industries, Mines and...
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February 28,2020During the last round of open market operation by Central Bank of Iran Wednesday, none of the lenders put up their bonds on offer, indicating they are not now in need of liquidity. Within the...
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February 26,2020The rial extended a losing streak against major currencies for the third day on Wednesday, pushing the Central Bank of Iran to intervene in the market to restore some semblance of calm. The US...
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February 26,2020The Majlis Research Center has called for changes to the crypto currency mining regulations in order to make the industry profitable for miners in particular and the economy in general. The...
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February 26,2020The government in a statement on Wednesday called for removing obstacles to joining regulations mandated by the Financial Action Task Force. In a meeting in Tehran, the Cabinet urged the top...
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February 26,2020Latest data released by the Central Bank of Iran show Tehran's housing market continues to pick up, leaving behind a long spell of inflationary recession. The market has been energized over the...
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February 25,2020Iran Insurance Company and Saman Insurance company have extended life insurance policies to cover hospitalization and death due to infection to the new coronavirus. Iran Insurance Company...
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February 25,2020Total deposits with banks and credit institutions reached 24,242.5 trillion rials ($157 billion as per Tuesday’s forex rates) up until Nov 21. The value of bank deposits increased by 5,147.4...
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February 25,2020Tehran stocks were making dramatic gains Tuesday despite risks related to the outbreak of the coronovirous in Iran and the rising number of deaths from the illness. The main gauge of Tehran Stock...
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February 24,2020Debs of banks and credit institutions to the Central Bank of Iran declined 25.6% year-on-year to Dec. 21. Arrears to the CBI reached 1,113.9 trillion rials ($7.3 billion based on Monday’s...
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February 24,2020The value of exchange-traded funds rose more than six times over one year since the end of tenth calendar month last year (Jan. 20, 2019) up until the same month in 2020. The total value of ETFs...
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February 24,2020In the framework of policy and commitment to help safeguard the environment, 95% of associated petroleum gas is collected from Ahvaz and Ramin Oil Fields in Khuzestan Province on a daily basis, the...
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February 24,2020Benchmark of Tehran Stock Exchange gained 4,831.98 points on Monday to comfortably cross the critical level of 500,000 points and end the session at 503,736.0. Main gauge of TSE, TEDPIX, climbed...
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February 23,2020The sharp increase in currency rates will not change the Central Bank of Iran's approach toward the market, the CBI governor said. Responding to ongoing fluctuations in the forex market,...
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February 23,2020Iran’s stock market launched the short-selling of shares as a new a financial instrument on Sunday. The mechanism is touted to function as a tool for hedging market risks and helping investors gain...
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