The governor of Iran’s central bank says the country has totally scrapped US dollar in trade with Russia and Turkey, and trade partners are using their national currency instead. …
Business And Markets
<p>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.</p>
Domestic business climate improved in winter of the last calendar year (Dec. 22, 2018-March 19, 2019), the Majlis Research Center said in a report Tuesday. MRC reported on the business…
The number of home sales in Tehran slumped to a decade-low of 2,855 deals during the month ending Sept. 22, indicating declines of 72.9% and 15.2% compared with the same period of last year and…
In a directive to banks and credit institutions, the Central Bank of Iran has obliged borrowers to submit credit rating reports from relevant rating companies. As per the bylaw, lenders…
Tehran’s stock market was sluggish on Tuesday after making a historic advance a day earlier as investors moved to sell shares to save past gains. The main gauge of Tehran Stock Exchange…
The benchmark of the Iran Fara Bourse, the junior stock market, stood at 4,017 by the end of last calendar month to Sep.22, registering a 78% growth since the beginning of the current fiscal…
An estimated €7.98 billion in non-oil export revenues was repatriated through the Central Bank of Iran's secondary market in the first half of the current fiscal year (started March 21).
Selling gasoline via the Iran Energy Exchange on average generates $200 million a week, the managing director of IRENEX said. “Over the past seven weeks more than 100,000 tons of gasoline…
Tehran stocks made a solid 3.1% gain on Monday cheered by the dramatic rise in demand for refinery, petrochemical and metal stocks. Riding on the tailwinds of fresh liquidity inflow, the…
The Statistical Center of Iran has published a new report on home and land prices, as well as rents across urban areas of the country during the first quarter of the current Iranian year (March…
The Ministry of Economy will issue Islamic financial securities worth 380 trillion rials ($3.3 billion) to partly compensate the budget deficit for the current fiscal year (March 2019-20).…
Managing director of the company overseeing the regulated foreign exchange market said Friday’s fire will not have a major impact on the opening of the long-awaited currency market. …
The main gauge of Tehran Stock Exchange nudged 1.4% higher on Sunday amid investors’ optimism on the eve of half yearly reports of companies. The benchmark clawed back above historic…
In the run-up to opening the Open Market Operation, governor of the Central Bank of Iran is setting up a committee to handle the executive affairs of the OMO. The five-member team will…
Senior bank and government officials have belittled the new US sanctions imposed Friday on Iran’s central bank, unanimously branding the move as a visible sign of desperation by Donald Trump and…
Tehran stocks rallied on Saturday, recovering losses over the last trading week, with the main gauge gaining more than 3,500 points, or 1.2%, to 297,712. Mineral, telecom, bank and…
The overall value of exchange-traded funds reached 150.39 trillion rials ($1.33 billion) by the end of the calendar month to August 22, a report by the Central Securities Depository of Iran said…
The number of accounts opened with Bank Maskan, the agent bank of the housing sector for home loans, under the so-called "Housing Savings Account" scheme, registered an average weekly decline of…
The government's move in July to regulate cryptocurrency mining as a legal industrial activity has been broadly welcomed by miners, though they say minor adjustments in regulations would create…
With a new person in charge of the IT department of Iran’s central bank, long-awaited reforms in bank service fees will be announced in the near future as part of a broader banking reform…
The unusually high number of bank branches has long been a source of concern for both economic experts and government officials, giving rise to calls for cutting the number of barely used and…
The benchmark of Tehran stocks shed 8,000 points on Wednesday, bringing down TEDPIX more than 2.6% lower amid a massive selloff of stocks.
The governor of the Central Bank of Iran, Abdolnasser Hemmati, appointed Mehran Moharamian as the new vice governor for IT affairs. In the appointment letter Hemmati referrerd to the role…
The new head of INSTEX, Michael Bock, who was in Tehran this week, says some small European bank are willing to join the barter trade mechanism. According to Bock, small banks in Italy,…
The main gauge of Tehran Stock Exchange shed more than 3,800 points on Tuesday amid investors’ rush to sell shares to save profits. Stocks fell as investors were disturbed by a gloomy…
