Share prices plunged deeper Tuesday as relentless sell-off swept through most categories with retail traders again rushing for the exits. The main gauge of Tehran Stock Exchange, TEDPIX,…
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>
Thermal Power Plant Holding Company plans to sell standard salaf contracts worth 13.57 trillion rials ($52 million) in two phases to fund new projects, the company's CEO said. Affiliated…
In line with measures to improve security and transparency of bank transactions, the Central Bank of Iran said it plans to block unidentified transactions in less than two weeks. Mehran…
The average Consumer Price Index for housing rent levels in urban areas during the four-quarter period ending Dec. 20, which marks the end of the third quarter of the current Iranian year (fall…
The main index of Tehran Stock Exchange, TEDPIX, dropped 0.41% on Monday, losing 5,375.44 points to end trading at 1,301,245. Blue chips and large caps pulled down the market cap-weighted…
Reversing the course from previous sessions, gold and foreign exchange prices dropped on Monday in Tehran's market. The dollar was quoted at 248,000 rials down 1,300 rials or 0.53% compared to…
Checks worth 221 trillion rials ($850 million) bounced in the month to November 20 -- 3.1% higher on a monthly basis. According to data published by Central Bank of Iran, the number of…
The Central Bank of Iran demanded Monday South Korea release billions of its foreign exchange assets blocked in that country. South Korea’s First Vice Foreign Minister Choi Jong-kun…
The National Development Fund of Iran, the sovereign wealth fund, plans to deposit 25 trillion rials ($100 million) with the Capital Market Stabilization Fund to be invested in the stock market…
President Hassan Rouhani said on Sunday that a specific mechanism governs the stock market and underscored the critical need to avoid "unskilled intervention" in its operations.
Foreign exchange and gold prices closed higher on Sunday in Tehran's forex market paring losses in previous sessions. The US dollar briefly touched the critical 250,000-rial level…
Growth in key monetary variables, including money supply and the monetary base, lost momentum in the calendar month to Dec. 20, the Central Bank of Iran said. Outlining trends in major…
Forex rates posted heavy losses on the first day of trading week in Tehran on Saturday with major currencies sliding below support levels. The US dollar fell below 250,000-rial level…
The main gauge of Tehran Stock Exchange, TEDPIX, lost 1.9% on Saturday as supply continued to outweigh demand. It shed 24,808 points to fall below the critical 1.3 million points, ending trade…
In a report on the economy in the next March 2021-22 fiscal year, the Majlis Research Center said inflation will largely be the inability of the government performance in realizing its budget…
Banks gave 659,000 marriage loans worth 344 trillion rials ($1.37 billion) to newlyweds since the beginning of the current fiscal year last March to December 10.
The governor of Central Bank of Iran said he hopes stability in financial markets would be restored in the coming weeks as "excitement arising from political developments ebbs".
Gold prices in Iran slipped on Thursday influenced more from trends in international markets than domestic forex rates. The Emami gold coin lost close to 3% or 3.5 million rials to…
The Central Bank of Iran Tuesday said it had rejected a deal between Ayandeh Bank and Hami Sazeh Kian Company over divesting 35% shares in the giant Iran Mall Complex, a $3.5-billion shopping…
Iran's stock market logged one the biggest downturns in the past several sessions on Wednesday as relentless sell-off continued to pummel share prices. The Tehran Stock Exchange extended…
Non-oil export companies have not repatriated €17.5 billion to the country over two years from May 2018 to June 2020, according to the head of the commercial services department of Iran's Trade…
Government bonds worth 15.6 trillion rials ($60 million) were sold to banks, investment funds and buyers at the stock market during the weekly auction held by the Central Bank of Iran.
The Governor of Central Bank of Iran Abdolnasser Hemmati said the bank has made the advance payment for importing Covid-19 vaccine. In a note on his social media account late Tuesday, he…
Most commodity stocks in Tehran went into a tailspin on Tuesday as a government decision to intervene and control steel prices made the market jittery. After sessions of bear market…
The Majlis Joint Commission has made an amendment to the 2021-22 fiscal budget bill based on which state banks can increase capital by up to 100 trillion rials ($400 million) by selling…
