Purchasing Managers' Index for the sixth month of the current fiscal year (Aug. 22-Sept. 21) settled at 50.54 from 52.94 in the preceding month (July 22-Aug. 21). Iran Chamber of…
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>
Data released by the Central Securities Depository of Iran show that the number of trading codes has reached 20.5 million. More than 40% of the codes was issued in the current fiscal year…
Tehran stock market losses multiplied on Monday as sell-side pressure outweighed demand and many categories saw price declines. The main index of Tehran Stock Exchange, TEDPIX, lost 32,808.06…
Foreign exchange rates in Iran’s free market climbed again on Monday after a lull in the past two sessions as the US dollar clawed back losses in previous trade.
The semi-private Bank Saderat Iran’s financial performance improved in the last calendar month (August 21- Sep 21) as the bank reported a strong enough balance sheet.
Share prices in Tehran were choppy Sunday but sell-side pressure prevailed further pulling down demand. The main index of Tehran Stock Exchange, TEDPIX, closed in red losing 23,173 points or 1.5…
The Export Guarantee Fund of Iran, the state-owned export credit agency, and Parsian Bank signed an agreement Sunday to jointly finance and guarantee loans to exports of non-oil goods.
In a ceremony held Saturday by the central bank the performance of 49 giant exporting companies was appreciated as they met all their commitments to repatriate overseas earnings. A press…
Major currencies moved further from record highs reached last week and declined Sunday both in Tehran’s free market and official exchange-bureaus affiliated to the Central Bank of Iran. …
Tehran stocks built on gains in the last trading session and opened Saturday trade 2.85% higher amid rising demand for most stock categories. The main index of Tehran Stock Exchange,…
After reaching new peaks in the last trading session, advance of the dollar against the national currency paused at the start of new trading week.
The Majlis is reviewing a proposal to set up a union for safeguarding the interest of retail investors in the stock market, a deputy speaker of the parliament said. “The ‘individual…
Data released by the payment network authority, Shaparak, indicate decline in the market share of leading payment companies in the fifth Iranian month (July 22- August 21).
The Central Bank of Iran says its efforts have delivered in curbing growth of the monetary base during the first six months of current fiscal year (March 20-Sep 21). The monetary base…
The US dollar rose again in Tehran’s free market at the close of trading week on Thursday, moving incessantly toward 300,000 rials. Having touched a milestone, the greenback declined…
The government has so far sold 970.89 trillion rials ($3.3 billion) in sukuk to shore up its finances in the current fiscal year (March 2019-20).
Tehran stocks swung choppily at the close of trading session on Wednesday as trade began in negative territory but later gained ground. The main index of Tehran Stock Exchange, TEDPIX, closed…
Gold coin prices soared again in Tehran riding on the upbeat mood in the currency market and the omnipresent rush to buy the precious metal
President Hassan Rouhani told Germany’s new ambassador on Tuesday said that Iran expected the three European Union countries signatory to the landmark nuclear deal to support its loan request…
Iran’s 21 major commercial ports handled 58.44 million tons of commodities during the first half of the current Iranian year (March 20-Sept. 21) to register a 25.4% decline compared with the…
In line with plans to enforce anti-money laundering principles, the Central Bank of Iran imposed new restrictions on banking transactions of minor clients. In a bylaw sent to banks and credit…
Central Bank of Iran data show growth in deposits outpaced lending during the month to July 21. It reported that the gap between banks’ outstanding loans and deposits widened further by 9,338…
A total of 8,463 homes were sold in Tehran during the sixth month of the current fiscal year (Aug. 22-Sept. 21), registering a 6.8% decline compared with the preceding month. The number…
The benchmark of Tehran Stock Exchange lost a strong support level Monday with the TEDPIX diving deeper below 1.6 million points. Extending earlier losses, TEDPIX shed 54,957 points for…
Iranians usually opt for investing directly in the stock market and are less inclined to let investment funds or asset managers to trade on their behalf. In most countries the opposite is the…
