Currencies traded choppily in Tehran’s market on Wednesday, before ending lower and gold prices market soared. Like other financial markets around the globe, Iran’s forex market…
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>
With money supply expanding at tremendous speed the growth of sight deposits in banks far outpaced term deposits in the first six months of current fiscal year (March 20- Sept.21) This…
The last report published by the central bank shows increase in Iran’s external debts and assets. Bucking a declining trend, foreign debt registered 7% growth at the end of the second…
Foreign currencies gained against the rial on Monday in Tehran’s open market. The dollar climbed 15,000 rials to reach 291,000 rials, more than 5% higher compared to earlier session.
Electronic banking charges are higher than what customers pay, says the Central Bank of Iran's deputy governor for innovative technologies, elaborating the reasons behind the recent increase in…
Iran’s Money and Credit Council, the top monetary decision-making body, approved proposals from the Central Bank of Iran to improve the balance sheets of lenders.
After a short-lived rally a session earlier, share prices dropped in Tehran amid sell-off pressure and uncertainty over future developments. The main index of Tehran Stock Exchange,…
The US dollar rally resumed Sunday against the national currency after retreating 17% from the record high of 320,000 rials reached two weeks ago. The greenback advanced during the…
Data released by the Central Bank of Iran show a significant increase in monetary indicators during the first six months of current fiscal year (March 20- Sept. 21), raising fresh concerns about…
The Central Bank of Iran has required banks to charge customers higher fees for banking operations in rial and electronic banking services.
After nine consecutive sessions of bear market, the Tehran share market bucked the trend as indicators reached strong support levels. Led by blue chips, the main index of Tehran Stock…
The national currency pared earlier losses at the beginning of trading day on Saturday as sentiment in the forex market weakened following new measures announced by the Central Bank of Iran…
The value of bounced checks in the month to Sept. 21 jumped 7.9% compared to the earlier month to reach 205 trillion rials ($732 million).
The government on Wednesday again adjusted rules for the repatriation of non-oil export revenues that has long become a bone of contention. Approved by the ‘Headquarters for Economic…
The Central Bank of Iran said it injected $450 million into the market to help stabilize the volatile market and control foreign exchange rates. In a press release published on its…
The currency and gold coin markets on Wednesday fluctuated posting drops after Tuesday's gains. The US dollar lost 2.5% or 6,000 rials during the day to close at 280,000 rials at Tehran’s open…
After eight consecutive sessions of bear market, Tehran stocks showed signs of recovery on Wednesday as some sell-off pressure eased in the later hours of trade. Adding to the string of losses…
State-owned Bank Melli Iran, the largest domestic lender, says it sold assets worth 56 trillion rials ($200 million) in the first six months (March 20-Sept. 21) of the current fiscal year.…
Banks and non-bank financial institutions again refused to participate in the weekly bond auction held by the Central Bank of Iran on Tuesday.
Tehran stocks plunged Tuesday amid relentless sell-off that has continued for eight days in a row. The main index of Tehran Stock Exchange, TEDPIX, lost 2.6% for the day. Shedding 34,628 points…
Foreign exchange and gold prices in Tehran increased on Tuesday after posting declines in the past couple of days. The US dollar gained 1.74% and climbed to 286,000 rials after falling 3.…
Not complying with standards of the Financial Action Task Force, the international anti-money laundering watchdog, has further undermined Iran’s access to international banking and financial…
The Central Bank of Iran has paid the rial equivalent of €600 million demanded by the Health Ministry to help medical workers cope with the rapidly spreading Covid-19 pandemic, the CBI governor…
In the first six months of the current fiscal year banks and credit institutions paid 6,967.2 trillion rials ($25 billion) in loans to businesses. Based on data from the Central Bank of Iran,…
Tehran’s equity market plunged deeper in the red Monday as panic selling in almost all range of shares continued, raising fresh concerns about the fate of the collapsing market. …
