Business And Markets

Tehran stocks closed the last trading session in the outgoing fiscal year on Wednesday in positive territory extending a 9-day upbeat trend.  TEDPIX, the main index of Tehran Stock…

Tehran stocks eked out robust gains on Tuesday extending an 8-day winning streak that started last Sunday amid rising demand for large caps.  The main index of Tehran Stock Exchange,…

The High Council of Securities and Exchange, the top stock market policymaker, has given approval in principle to raise daily price limits in the bourse.  Spokesman of the Securities and…

In a bylaw sent to banks and credit institutions, the Central Bank of Iran announced new official rates for foreign currencies. As per the rule, one euro will be equal to 129,000 rials and the…

The central bank governor commended the initiative to hold bond auctions that helped in preventing further expansion of money supply.  Addressing the 60th CBI General Assembly on Tuesday,…

Gold prices in Tehran ended higher Monday while currency rates remained mostly unchanged. The popular Emami gold coin experienced no change during the day and was traded at 107.5 million rials…

The new monetary policy of the Central Bank of Iran was timely and appropriate during the difficult economic conditions, head of the CBI's department for open market operation said.   Reza…

Data released by the Central Bank of Iran indicate that total lending by banks was higher than deposits during the calendar month to Dec.20. 

The managing director of the Securities and Exchange Organization has called on the Central Bank of Iran not to raise the yields on bonds to avoid harming the stock market.  Talking on a…

Building on some earlier gains, the main index of Tehran Stock Exchange, TEDPIX, closed 1.3% higher Sunday boosted by price increase in large caps.  The index gained 15,808 points to close…

The state-run Power Generation, Distribution and Transmission Company (Tavanir) offered standard salaf contracts worth 15 trillion rials ($60 million) at the Iran Energy Exchange on Sunday. The…

The regulated foreign exchange market has expanded penetration with listed exchange shops as members increasing steadily, the market's head for communication department said. 

Twelve cryptomining farms are operating in Iran's free trade and special economic zones, says an official with the High Council of Free Zones and Special Economic Zones.  "Miners are…

The stock market in Tehran opened trading week Saturday on a high note amid fresh demand for commodity stocks and other large caps.  The main index of Tehran Stock Exchange, TEDPIX, gained…

Increase in market participants and transactions in the stock market has obliged the Securities and Exchange Organization to seek help from artificial intelligence to detect malpractice. …

The bond market in Tehran has grown exponentially in the current fiscal year thanks to government endeavors to tap into debt instruments to help cover budget deficits. 

The total number of health insurance policies sold by Iranian  companies in the first eleven months of the current fiscal year (ends March 20) plunged 90% to 372,886. 

Central Bank of Iran says the overexpansion of monetary variables is largely due to ingrained defects in the structure of economy.  The public relations department of the bank published a…

Stock market regulators cancelled initial public offerings from two companies reportedly due to unfitting market conditions.  The companies were Rail Pardaz Industrial Group, a big private…

Governor of the Central Bank of Iran Abdolnasser Hemmati says the bank’s foreign exchange policy has been crafted without taking into account billions of assets blocked overseas. 

Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture on Tuesday reviewed economic developments in the outgoing fiscal year (ends March 20).  Addressing TCCIM members…

Tehran stocks continued the previous session’s rally in the early hours of trade on Tuesday before retreating as sell side pressure mounted on large caps.   The main index of Tehran Stock…

With the new fiscal year fast approaching, senior managers of Central Bank of Iran met on Tuesday where the governor defended the bank's performance during the course of the past 12 months.…

The government sold bonds worth 10.9 trillion rials ($40 million) at the weekly auction held by the Central Bank of Iran on Tuesday.  A bank was the sole buyer at the interbank market…

The number of active credit cards, the least common bank card in Iran, increased 15.5% during the month to Feb 18 compared to the month before.  Data released by Shaparak Company, the…