The US dollar added another 2,500 rials on Thursday in Tehran's free market to close trade at 187,500 rials -- the highest closing price ever. Its latest ascend started last Saturday and…
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>
Iran and Iraq will invoke past agreements to expedite settlement of Iraqi arrears using a trading mechanism designed to supply basic goods to Iran. Governor of the Central Bank of Iran…
Iran’s foreign debt was $9.031 billion at the end of last fiscal year that ended in March, dropping slightly from $9.339 billion at the end of fiscal 2018-19 to register 3.4% decline.…
The nationwide online database of all residential properties across the country will be completed and put at the Iranian National Tax Administration’s disposal by next week, Mahmoud…
The Central Bank of Iran said in a report that broad money supply reached 24,721.5 trillion rials ($137 billion) when the fiscal year ended in the third week of March. Broad money grew by…
To fight rampant tax evasion and fraud, the Iranian National Tax Administration will henceforth focus on the minority taxpayers who indeed are liable for the majority of unpaid taxes, head of…
The main gauge of Tehran Stock Exchange, TEDPIX, shed 4,481 points on Sunday and dipped 0.38% to end trading session at 1,185,376 points.
The Central Bank of Iran wants to revise the current system of debit and credit card fees, head of Iran Kish Credit Card Company, one of the twelve authorized payment service providers said.…
A review of the stock, currency, gold and housing markets shows that although all four displayed upbeat performance in the first calendar month of current fiscal year (March 20- April 19), there…
The Statistical Center of Iran has published its latest report on home and land prices as well as rents in urban areas across the country during the fourth quarter of the last Iranian year (Dec…
Tehran stocks opened trading week Saturday on a strong note as demand remained high for a range of large cap stocks particularly in refinery, base metals and bank groups. The market-cap…
The Central Insurance company of Iran in charge of regulating the industry, has released a report on the performance of the key sector in the previous fiscal year (March 2019-2020) saying…
Foreign exchange trade in the secondary market, known as Nima, declined significantly in three months since the beginning of the current fiscal year (March 20) up to June 13 compared to the…
Close to 1.24 million trading codes were issued for investors since the beginning of the current fiscal year (March 20) up until mid-June.
Iran Insurance Company, the largest and the only state-owned insurance company on Wednesday unveiled a new platform allowing personal auto policyholders to file claims online. The platform is…
A survey of Iran’s interbank market in the past 10 years shows that it was steady from 2008 to 2014 in terms of both volume and value of deals before rising sharply from 2015 onwards
Major currencies on Thursday hit the highest rates since September 2018 with the dollar traded at 180,000 rials in Tehran’s open market. One euro fetched 203,000 rials and the UK pound…
Many of the people seeking to buy a home but can’t afford it in Tehran opt for one in surrounding cities. However, the price hikes of the past two years and the rise in demand for housing in…
Iran is escalating its pressure on South Korea to release billions of dollars of oil-export revenue, arguing that Seoul is buckling to pressure from its US ally and illegally withholding funds…
With stock market indicators heading upward at a regular pace and fresh money pouring in the bourse from an ever-increasing number of investors, the Majlis Research Center stressed the need to…
Tehran Stock Exchange closed Wednesday’s session 3.18% higher, with its main gauge, TEDPIX, gaining 35,561 points to close trading week at an all-time high of 1,153,679 points. The rally…
The Government-Private Sector Dialogue Council on Tuesday approved seven proposals out of nine to ease rules and procedures for repatriation of exporters’ overseas earnings and help promote the…
After rising more than 1% at the opening of trade, Tehran stocks closed Tuesday’s session near a flatline as sell-off pressure mounted in the final hours of the session. The main index of…
Credit cards seem to be gaining traction among Iranians. The total number of active credit cards is close to 80,000. However, comparing this number to the previous month shows 121.13% growth. A…
The CBI said Tuesday 49 trillion rials ($288 million) worth of government bonds were sold to banks on Tuesday in the second round of bond auctions organized by the Central Bank of Iran. …
