Business And Markets

After a one-day hiatus, stocks made a big leap forward on Monday amid signs of positive political developments and monthly financial records of listed companies.  The main gauge of Tehran…

Sailing in calm waters since the beginning of the calendar year (mid-March), the currency market witnessed another fall at the start of the business week in Tehran on Saturday.   …

Total deposits with Iranian banks and credit institutions stood at 21,311.2 trillion rials ($190.27 billion) at the end of the second calendar month to May 21, according to a report by the…

The slowdown in the monthly rise in housing price levels is believed to be behind the disinflation registered for the Iranian month ending Aug. 22. 

The main gauge of Tehran Stock Exchange fell more than 760 points on Sunday as investor sentiments for buying shares abated following a weeklong bullish market.  TSE’s main index TEDPIX…

Governor of the Central Bank of Iran says people are more optimistic now about the improving economic conditions than they were six months ago. Referring to efforts to enhance domestic…

Out of a total of 341 million cards issued by Iranian banks by the end of calendar month to July 22, card holders conducted at least one transaction with 101.2 million cards during the month.…

Iranian National Tax Administration said Saturday that it is giving defaulters until the end of current calendar year (March 20) to clear their liabilities.  According to INTA cheif, Omid…

While the government insists on lenders to get rid of their surplus properties, it seems that this is better said than done.  The primary problem is that in most, if not all, cases there…

Amid investor enthusiasm about monthly financial reports of listed companies, benchmark of the Tehran Stock Exchange soared more than 1.4% on Saturday.  Despite high demand for a wide…

In a comparative study the Economic Research Department of Tehran Chamber of Commerce, Industries, Mines and Agriculture has probed the experience of currency redenomination in other countries…

The Central Securities Depositary of Iran has published a list of the biggest industries active in the capital market in terms of their trading value up until late July.  A report released…

State-owned Bank Melli Iran has granted 7,612 debt purchase applicants facilities worth 11.78 trillion rials ($100.7 million) in the first four months (March 21-July 22) of the current fiscal…

President Hassan Rouhani is scheduled to launch a project for the construction of 150,000 homes of the so-called “National Initiative to Build and Deliver Homes” via video conferencing this week…

The main gauge of Tehran Stock Exchange climbed 1.2% Wednesday to end trading week at 266,000 points.  As seen in the past few days, trade was dominated by small and medium sized stocks on…

President Hassan Rouhani sent the rial redenomination bill to the Majlis on Wednesday for debate.  As per the ‘Reforming Monetary and Banking Law’ bill, four zeros will be shaved off the…

Austria’s ambassador to Iran visited the Tehran Stock Exchange on Monday, news outlets reported.  Stefan Sholz and his delegation toured TSE’s trading floor and conferred with the TSE CEO…

CEO of the government-owned Iran Insurance Company says the fact that insurer has to pay 20% of third party vehicle premiums to relevant bodies has given rise to prospects for loss-…

Leaving behind months of rainy days, Iran’s economy is showing signs of improvement in major variables, governor of the Central Bank of Iran said on Monday. 

The Central Bank of Iran has obliged importers who use subsidized currency to sell their goods via a transparent distribution network, according to a CBI official. 

A former governor of the Central Bank of Iran says the regulated foreign exchange market would be a significant step by the CBI toward a single rate currency.  Welcoming the positive…

Caretaker of the Trade Promotion Organization of Iran says exporters who hire commercial cards have abused loopholes in export rules and incur extra costs on export formalities. …

The Statistical Center of Iran has published a new report on home and land prices, as well as rents, in the capital city during the first quarter of the current Iranian year (March 21-June 21),…

In a letter to President Hassan Rouhani, private sector representatives have called on government to give more authority to the Export Guarantee Fund of Iran with regard to issuing export…

Head of the Iran-Afghanistan Joint Chamber of Commerce says central banks in the two countries are looking for ways to resolve problems hurting banking ties between the two neighbors.…