Business And Markets

Despite earlier reports that the government would make tweaks in procedures involved in divesting residue of its stake in state companies, a notice by the Iranian Privatization Organization says…

The average Consumer Price Index for rents in urban areas in the year ending Dec. 21 increased by 23.5% compared with last year’s corresponding period.  The Statistical Center of Iran had…

From the beginning of fiscal 2018-19 up until September, the loan-to-deposit ratio has been of the descending order indicating that banks are exercising extra caution when it comes to…

Currency rates again pushed upwards on Tuesday, amid heightened political tensions in the region, but the Central Bank of Iran was quick to announce that there is no need for anxiety.…

As negative psychological conditions continue to undermine financial sectors, the stock market in Tehran took another drubbing on Tuesday as investors embrace extra caution regarding future…

Following two rounds of sea delivery of oil products offered on the Iran Energy Exchange, the National Iranian Oil Company has said that it wants to expand such offers.  According to…

More than 3.7 billion transactions were processed via automated teller machines in the first eight months of the current fiscal year that ends in March. 

Unprofessional approach of insurers in underwriting medical insurance policy categories could inflict considerable loss on the insurance industry's performance in the coming years. …

Social Security Investment Company, the investment arm of the Social Security Organization (SSO), will offer 5% of its stake on the stock market, the SSIC managing director said. Mohammad…

The government says it expects to earn 400 trillion rials ($3 billion) in the next fiscal year that begins on March 20 --  a prediction many experts say is unrealistic at best. 

Foreign exchange and gold coin prices jumped on Saturday as the trading week opened in an overcast Tehran.  Almost all foreign currencies gained against the rial, according to Tehran…

The nationwide payment settlement network, known as Shaparak, processed more than 2.25 billion payments worth 2,790.8 trillion rials ($20.98 billion based on open market currency rates in Tehran…

Equities in both of Tehran Stock Exchange and the over-the-counter Iran Fara Bourse made a rare nosedive at the start of trading week on Saturday as markets dived following renewed military…

Newlyweds have received more than 188,000 marriage loans worth 59.3 trillion rials ($453 million) from the state-owned Bank Melli Iran since the beginning of current fiscal year in March 2019.…

Intervention of central banks in currency markets does not happen only in Iran, says a former head of Tehran Stock Exchange.

Benchmark of Iran Fara Bourse, over-the-counter stock market, stood at 5,031 points at the end of last trading session on Jan 1.  This was a 123% growth over the course of almost nine…

The government sold 53 trillion rials ($400 million) worth of Manfa’at Sukuk bonds on Wednesday via Iran Fara Bourse, over-the-counter market for trading securities, to meet budgetary needs.…

The Majlis Joint Commission has approved a proposal calling for exempting exporters of technical and engineering services and agricultural goods from currency repatriation rules.  This was…

Safety of investment in Iran improved slightly in the spring of the current calendar year (March-June), according to a quarterly survey by the Majlis Research Center, an influential think tank…

Against expectorations that the stock market may take a breather at the weekend from non-stop rallies in recent days, Tehran Stock Exchange made one of its biggest leaps on Wednesday. …

Rules announced by the Central Bank of Iran to make one-time password obligatory can help foster the business of e-wallet startups, says a board member of Tehran Chamber of Commerce.

Bahar Azadi and Emami gold coin prices were higher 2% on Tuesday, extending their growth in the past few weeks. Emami coin was sold for at 46.81 million rials according to Tehran Gold and…

The Tehran Stock Exchange’s main index TEDPIX gained 1,465.03 points, or 0.39%, on Tuesday to end trading at 377,012.7. About 5.95 billion shares valued at 33.61 trillion rials ($259.56 million…

Almost 1,290 trillion rials ($9.9 billion) has been injected into Iran’s stock market since the beginning of current fiscal year (March 2019) up until December 21, said the Securities and…

Bank Keshavarzi Iran, a state-owned lender to the agriculture sector, has 26 trillion rials ($200 million) in holdings that need to be sold, the bank’s deputy manager for legal and supervision…