Business And Markets
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.
July 21, 2023 18:51
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August 08,2022Interbank rates declined further last week after recently bucking a four-month rising trend, indicating the regulator’s intervention to control rates was effective. The rate dropped below 21% and... -
August 08,2022The bond sale boomed this week thanks to contribution of banks and credit institutions but lack of interest from investors in the capital market. In the 11th auction on Tuesday, 32 trillion rials...
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August 08,2022The US dollar and other currencies posted decline in Tehran’s free market on Wednesday, apparently under the influence of reports about the resumption of the Iran nuclear talks. The greenback was...
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August 08,2022Banks and credit institutions gave 160 trillion rials ($516 million) in collateral-free loans after the government announced a new lending program in January. According to a press release of the...
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August 08,2022Tehran’s share market improved at the close of trading week on Wednesday, building on slight gains in the previous session. The benchmark of Tehran Stock Exchange, the market cap-weighted TEDPIX...
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August 08,2022The National Development Fund of Iran, the sovereign wealth fund, is to deposit an extra 10 trillion rials ($32 million) with the Capital Market Stabilization of Fund (CMSF). “Based on talks...
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August 03,2022In a new appraisal of the Central Bank Bill, the Majlis Research Center, the expert wing of Iran’s Parliament, said the bill will potentially enhance the independence of the Central Bank of Iran,...
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August 03,2022The Central Insurance Company of Iran is planning to establish an innovation center that will extend support to knowledge-based companies and startups active in the field of insurance. Majid...
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August 03,2022The Central Bank of Iran on Tuesday unveiled a supply chain finance (SCF) scheme based on contract farming to improve financing for the agriculture sector. Speaking on the sidelines of the...
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August 03,2022The main index of Tehran Stock Exchange, TEDPIX, closed session on Tuesday slightly higher, as selling pressure in the share market eased. TEDPIX gained 2,415.51 points or 0.17% to end trading at...
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August 02,2022The Central Bank of Iran said banks and credit institutions have expedited marriage and micro loans to encourage child birth and support needy households wanting to rent a home. Mehdi Sahabi, the...
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August 02,2022Russia’s State Duma supports building ties with Iran and the Central Bank of Iran, says Anton Tkachev, deputy of the State Duma, noting that the two countries need to make better use of financial...
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August 02,2022The ratio of loans to deposits has declined for three months until June 21. It was 81.7% at the end of Q1, which was 1.6 percentage points lower on mid-April when it stood at 83.3%, the Central...
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August 02,2022The benchmark of Tehran Stock Exchange, TEDPIX, gained 4,108.21 points Monday ending trade at 1,427,605. The market again saw a deep decline in trade by retail investors. Total deals handled by...
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July 31,2022Unrelenting selloff swept the share market on Sunday pushing most stock categories into negative territory. The benchmark of Tehran Stock Exchange, TEDPIX, shed 17,357.98 points or 1.2% to...
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July 31,2022Sixty-three illegal cryptocurrency mining centers were shut in the week to July 21, half of which reported by whistleblowers. According to Energy Ministry's news service, some 714 illegal...
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July 31,2022Investors at the Iran Mercantile Exchange traded almost 360 million commodity-based certificates of deposit worth 75 trillion rials ($241 million) in the first four months of current fiscal year (...
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July 31,2022Issuance of money was curbed in the past few months as banks and credit institutions reduced lending, the Economy Ministry said. In a press release seen on its website, the ministry said...
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July 30,2022The rise in interbank rates paused after climbing for 14 consecutive weeks and hitting multi-month highs. The rate dropped slightly to 21.13% from 21.31% last Saturday, which was the highest in...
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July 30,2022Bounced checks in the third calendar month (ended June 21) reached of 374 trillion rials ($1.2 billion) up 9.5% monthly. A total of 640,000 checks were rejected by banks in the month, indicating 4...
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July 30,2022Tehran stocks opened Saturday on a strong note in the early hours but sell-side pressure returned as the session came to a close. The main gauge of Tehran Stock Exchange, TEDPIX, gained more...
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July 30,2022Tehran stocks added more loss in the last Iranian business week on Wednesday registering the sixth straight weekly declin The bearish trend was spurred by huge sell-off of small-sized companies,...
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July 30,2022The government program to sell bonds to plug its budget deficits faltered in the last weekly auction for the second straight week Total bonds offered at both the interbank and equities market...
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July 30,2022The Central Bank of Iran says it supports the growth of "buy now pay later" (BNPL) services because of its acceptable impact on the economy. Mehran Mahramian, the CBI deputy chief for innovative...
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July 30,2022A poll conducted by Iran Chamber of Commerce, Industries Mines and Agriculture (ICCIMA) shows that most businesses are now struggling with the rising need for liquidity after the government...
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