Business And Markets

Parliamentarians have obliged banks and credit institutions to allot a minimum 40% of their lending facilities to the housing sector in each fiscal year.  The mandate applies to all…

The Securities and Exchange Organization plans to change the daily price spread from the current ±5% asymmetrically as of Feb. 13, according to SEO's managing director.  Mohammad Ali…

Bucking a four-day declining trend, Tehran's share market made a promising comeback on Sunday, as investor sentiment was buoyed by the regulator's new measures to boost the struggling market.…

Shaparak, Iran’s payment settlement network, processed 2.79 billion transactions worth 4,562.46 trillion rials ($19.01 billion) in the month ending Jan. 19. Compared to the month before, the…

The International Monetary Fund says it is processing Iran’s $5 billion loan request submitted in March to the global crisis lender, said Jihad Azour, the IMF’s director of the Middle East and…

The Securities and Exchange Organization’s board members convened the first session presided by the newly-appointed CEO Mohammad Ali Dehqan-Dehnavi to help reinforce the collapsing stock market…

Tehran stocks opened trading week on Saturday under the relentless sell side pressure in a majority of shares, amid mounting capital outflow from the struggling market. 

The Central Bank of Iran will soon unveil its contactless payment scheme, allowing cardholders to make payment transactions solely using their smartphones, the bank's governor says.

The Majlis Research Center, affiliated to Iran's parliament, has recommended the mutual funds operating in the country's capital market to reduce their share of investment in banks in favor of…

The ever-expanding money supply and the rising consumer price inflation are products of the domination of fiscal policies over monetary policies, head of the Central Bank of Iran economic…

The number of bad checks shot up in the month to Dec.20 reaching 893,000 or 31.1% higher compared with a month earlier.   

The price of major currencies and gold declined Wednesday in Tehran after posting growth a day earlier. The dollar lost 1.89% or 4,500 rias to close at 239,300 rials in the free market. The…

Extending a losing streak for the third day, the main indicators of Tehran's share market dived deeper at the close of trading week on Wednesday.  The main gauge of Tehran Stock Exchange,…

Iran’s external debt increased to $9.3 billion by the end of the ninth Iranian calendar month to Dec. 20, the Central Bank of Iran reported. The debt is 3.5% or $317 million higher compared to…

South Korea is finalizing talks with the United States about using some of Iran's money frozen in Seoul under US sanctions to pay Tehran's UN dues in arrears, a South Korean Foreign Ministry…

Less than two months before enforcing the new check law, the Central Bank of Iran on Wednesday unveiled checkbooks designed to comply with new check transaction rules.

Private companies have called on the government to take efficient measures for the use of cryptocurrency and its mining in way that compatible with the national interest. 

The main indicator of Tehran Stock Exchange retreated to 1.2 million points on Tuesday after two consecutive sessions of heavy losses. The TSE benchmark, TEDPIX, lost 28,238.65 points or 2.3%…

The government sold 29.1 trillion rials ($121 million) in bonds at the weekly auction held by the Central Bank of Iran on Tuesday. It was the highest earning in the fourth quarter of the fiscal…

As seen in the past few months, growth of sight deposits again far outweighed term deposits in the month to Dec.20, the Central Bank of Iran reported. 

By the end of the ninth Iranian month (on Dec.20), banks held 71 quadrillion rials ($289.8 billion) in assets, up 42.7% YOY and 31% compared to the beginning of the current fiscal year last…

The Central Bank of Iran trying to reduce interbank interest rates in the hope of realizing its inflation target, the governor Abdolnasser Hemmati said.  An inflation target of ±22% has…

Foreign exchange rates dropped Monday in Tehran after the central bank governor on state TV forecast much lower currency prices that triggered panic selling. 

Most major market indicators dropped in Tehran's share market Monday driven by excessive offers of large cap stocks.  The market cap-weighted index of Tehran Stock Exchange, TEDPIX lost 17…

Iran Aseman Airline, the country's third largest carrier by active fleet size, affiliated to the Civil Servants Pension Organization, is planning initial public offering, the company's CEO said…