Iran's insurance market logged noteworthy growth in the first 11 months of calendar year (ended Feb 19), with the total insurance premiums reaching 1,546 trillion ($3.09 billion). The y/y…
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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.
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Interbank rates continued to climb last week reaching the highest level in seven years. According to EcoIran Web TV, rates were up 0.1% during the week to April 5 to reach 23.46%.
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Lawmakers have voiced support for the Central Bank of Iran following the latter’s move to implement new restrictions on the allocation of cheaper foreign currency. The CBI last week…
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An estimated 4.23 billion retail transactions were logged by the domestic electronic payment network Shaparak in the 12th month of the calendar year to March 20. Business via the major company…
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Tehran Stock Exchange's main index, TEDPIX, gained 18,359.93 points or 0.87% on Wednesday to end at 2,137,464.90. The TSE equal-weighted index jumped 2.09%. About 20.24 billion shares worth 128…
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The overall value of checks rejected in the month to February 19 shot up 30.08% compared to the earlier month to reach 470 trillion rials ($1.04 billion).
By the end of the month the…
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Tehran Stock Exchange's main index, reached its highest level on Tuesday. TEDPIX, gained 29,154.82 points or 1.40% on Tuesday to end at 2,119,105.89.
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The Iranian Center for Exchange (ICE), a recently-established market under the auspices of the Central Bank of Iran, started offering gold coins on Tuesday. According to a press release seen on…
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The government sold 448.7 trillion rials ($879.8 million) bonds in the 43rd weekly auction -- the highest in the last fiscal year that ended on March 20. Bond auctions are held by the…
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The Central Bank of Iran said moneychangers and banks can henceforth sell currency only up to €2,000 to each Iranian in one year, lowering the cap from €5,000. Last month the CBI said selected…
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Tehran Stock Exchange's main index, TEDPIX, gained 11,239.59 points or 0.54% on Monday to end at 2,089,951.31 and the TSE equal-weighted index climbed 1.32%. About 18.84 billion shares worth…
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The International Court of Justice (ICJ) has ordered the United States to pay compensation to Iranian companies after ruling that Washington had illegally allowed courts to freeze their assets…
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Iran’s foreign debt was $6.50 billion by the end of the tenth calendar month to January 22, the Central Bank of Iran said -- almost 25.1% lower on the last fiscal year that ended on March 20.…
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Russia and Iran continue to work on the integration of Russia's Mir payment system with Iran's Shetab through specialized agencies, the director of the Economic Cooperation Department of the…
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Tehran Stock Exchange's main index, TEDPIX, gained 38,000.81 points or 2.13% on Wednesday to end at 1,820,990.03. The TSE equal-weighted index gained 2.43%. About 20.31 billion shares worth…
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The Central Insurance of Iran, the regulatory body of the sector, has signed an agreement with the Iran National Innovation Fund and the Iran Biotech Development Council to launch a fund for…
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Iran’s Energy Ministry has required owners of cryptomining hardware to register data related to themselves as well as the location of their devices in the Comprehensive Trade System of the…
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The head of Iran Consulting and Credit Rating Company says a new credit rating system will be unveiled in the next few months. "The new system assigns a score to each Iranian individual, which…
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The Securities and Exchange Organization of Iran plans to expand the limit of daily price spread in the stock market by at least 10%. Majid Eshqi, the head of SEO, made the announcement and…
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Tehran Stock Exchange's main index, TEDPIX, lost 1565.65 points or 0.09% on Monday to end at 1,781,632.05. The TSE equal-weighted index dipped 0.1%. About 12.447 billion shares worth 80.996…
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A report by Shaprak Company, the body in charge of supervising Iran’s domestic payment network, ranked business sectors in terms of retail transactions and the average value of transactions.
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Iran's Securities and Exchange Organization (SEO) says it will strive to reform market regulations and procedures to address discrepancies and improve transparency to help attract investors to…
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Tehran Stock Exchange's main index, TEDPIX, lost 33,542.46 points or 1.85% on Sunday to end at 1,783,197. The TSE equal-weighted index tumbled 1.75%. About 12.65 billion shares worth 85.35…
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Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar was quoted at 425,000 rials on Sunday in the open market, down 3.19% from the previous day's…
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Iran and Iraq are holding talks for the release of blocked Iranian assets in the Arab country. According to Yahya Al-e Es’haq, head of the Iran-Iraq Joint Chamber of Commerce, the ongoing talks…
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