The Central Bank of Iran said Monday it was exempting for three months checkbook holders with bounced checks from some of rules that govern bounced checks.
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>
Tehran Stock Exchange closed trade in negative territory Monday after setting new highs in consecutive rallies in earlier sessions. The TSE's market-cap weighted index, TEDPIX, lost 4,230…
The value of trade at the Iran Mercantile Exchange spot market increased 56% during the last fiscal year that ended in March A total of 26.33 million tons of goods worth 1,691 trillion…
The government in Tehran plans to divest the residue of its stakes in 18 companies, estimated at 520 trillion rials ($3.2 billion). According to a report by the Ministry of Economy, the…
After tagging higher a session earlier, the Tehran stock benchmark added more than 1% Sunday despite visible cautiousness among investors. The main gauge of Tehran Stock Exchange…
Gold coin prices set a new record climbing 8% from the Persian New Year holidays in the Tehran market -- from 60.28 million rials ($375) on March 18 to 65.05 million rials on Sunday. The rise…
The coronavirus pandemic has created an economic crisis “like no other” — one that is “way worse” than the 2008 global financial crisis, the International Monetary Fund’s top official said on…
Tehran stocks opened trade on a stronger note Saturday with the main index of Tehran Stock Exchange, TEDPIX, gaining unprecedented 19,940 points. The benchmark closed the session more…
Insurance companies in Iran generated 528 trillion rials ($3.3 billion) from selling 64.2 million policies during the eleven months to February 21, registering a 38.7% increase in premium and 10…
The Central Bank of Iran is ready to use its new open market operation system to help government address some of its economic problems triggered by the tough US sanctions, the CBI governor said…
Tehran’s home prices increased, despite the decline in the number of deals in the month leading to March 19 compared with the preceding month, the Planning and Housing Economy Office of the…
European companies exported medical supplies to Iran as part of a mechanism set up to circumvent US sanctions. The two sides have struggled over the past year to establish the barter system,…
OPEC Fund for International Development has approved $500,000 in emergency grant to purchase and distribute medical equipment needed for combating COVID-19 in Iran. The grant is set to be…
The government has approved a large package to help low-income households and struggling businesses impacted by the rapidly spreading coronavirus.
Turkey’s state-owned Halkbank pleaded not guilty Tuesday (March 31) to US charges that the bank helped Iran evade sanctions on billions of dollars in oil funds. The plea, entered on behalf of…
A decision by the Central Bank of Iran requiring all bank card holders to use one-time passwords for online transactions has had no significant change on payment services providers' performance…
After a short-lived bull market in the earlier session, the benchmark of Tehran Stock Exchange dipped 0.72% on Tuesday. The TSE's market cap-weighted index, TEDPIX, lost 3,653.90 points…
Iran’s bond market grew twofold in two years from January 2018 till January 2020, but its real value changed little becaue of high inflation, the Central Securities Depository of Iran said…
Iran Fara Bourse, the junior market for trading bonds and equities, has launched a altruistic crowdfunding campaign to help fund efforts to contain the spread of COVID-19.
Embattled UK lender Metro Bank has been hit with a fresh lawsuit by a group of Iranian customers who say their accounts were unfairly suspended without notice or explanation.
Tehran Province, wherein lies the capital city, has the most expensive residential land in the country.
Emerging from one of its longest bear markets in recent times, Tehran Stock Exchange turned bullish Monday thanks to the contribution of institutional investors. TSE's market cap-weighted index…
Gold declined in Tehran on Monday, though gold coins were sold at higher prices. According to Tehran Gold and Jewelry Union's website, 18-karat gold was worth 5.882 million rials per gram,…
Exporters of non-oil goods sold €16 billion ($17.8 billion) in their overseas revenues on the secondary foreign exchange market, known as Nima, since the beginning of the current fiscal year…
Currency rates soared sharply in Tehran on Monday amid warnings that the prices are driven more by speculators and less by fundamental factors. Following a period of steep volatilities, the…
