Business And Markets
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.
July 21, 2023 18:51
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August 09,2020The loan-to-deposit ratio (LDR) fell by 3.2 percentage points in the month to May 20 compared with the same month in the last fiscal year, to reach 77%, indicating banks’ increasing aversion to...
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August 09,2020The US dollar dropped by 21,000 rials on Sunday, losing close to 9% against the rial. The decline soon extended to bullion market, causing gold prices to fall about 10%. The greenback was traded... -
August 09,2020The government has announced that holders of the so-called “Justice Shares” can henceforth trade 60% of their shares. Initially in May it had allowed tradability of only 30%. Justice Shares are...
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August 09,2020Renewed investor interest in large-cap stocks pushed the benchmark of Tehran Stock Exchange, TEDPIX, higher on Sunday while many smaller shares closed under sell-off. The TSE’s main gauge gained...
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August 08,2020In accordance with long- delayed plans to change Iran's monetary unit, four zeros have been designed in muted colors in the new 1,000,000-rial ‘Iran Check’, governor of the Central Bank of Iran...
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August 08,2020The government earned 160 trillion rials ($695 million) by selling its shares in state companies via the stock market -- a figure far beyond initial projection in the fiscal budget (March 2020-21...
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August 08,2020Tehran share market trading hours will change to help ease pressure on the trading platform, CEO of the Tehran Stock Exchange said on Friday.
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August 08,2020The nationwide payment settlement network, Shaparak, processed more than 2.87 billion payments worth 5,199.28 trillion rials ($23.3 billion) in the calendar month to July 21. Transactions rose 33....
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August 05,2020Gold coins recorded further increase on Wednesday with another 2.8% growth in prices compared to the previous day's close.
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August 05,2020The Majlis will debate a government-proposed bill based on which companies listed in the stock market can raise capital via share premium. Share premium is the difference in price between the par...
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August 05,2020Tehran’s share market strengthened above the critical 2 million points gaining another 39,142 points at the close of trading week on Wednesday. The TSE benchmark closed the session at 2,034,186...
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August 05,2020The government so far has generated 500 trillion rials ($2.2 billion) from Islamic bonds in ten weekly auctions held by the Central Bank of Iran every Tuesday since early June. The auctions are...
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August 04,2020Value of trade at the Iran Energy Exchange surged in the first four months of current fiscal year (March 20-July 21). Data from IRENEX shows more than 295.82 trillion rials ($1.2 billion) worth...
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August 04,2020The Central Bank of Iran says it will send to the judicial authority a bigger list of exporters that have failed to repatriate their currency earrings. Last week the CBI said it had provided the...
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August 04,2020The CEO of Securities and Exchange Organization says 140 companies are in the listing process to join the Tehran Stock Exchange and Iran Fara Bourse, the junior equity market. Hassan Qalibaf-Asl...
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August 04,2020Faltering near the psychological resistance of two million points, the benchmark of Tehran Stock Exchange, TEDPIX, closed Tuesday near the flat-line. Amid sell-off in many large-cap shares, the...
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August 03,2020Close to 3.58 million trading codes were issued for new investors in the share market since the beginning of the current fiscal year (March 20) up until July end. This puts the total number to 15...
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August 03,2020The number of bad checks fell by 11.7% in the calendar month ending June 20, compared to a month earlier, the Central Bank of Iran reported. Data published on the CBI website show that 881,000...
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August 03,2020The Headquarters for Combating Smuggling of Goods and Foreign Exchange has announced a ban on buying and selling foreign currency hawala on the internet. A press release on Monday said the measure...
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August 03,2020The benchmark of Tehran Stock Exchange, TEDPIX, lost 18,194 points on Monday drifting lower by 0.9% to retreat below the milestone 2,000,000 points seen on Sunday. It closed trading session at 1,...
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August 02,2020South Korea and Iran have agreed to launch a working group on expanding humanitarian trade as part of efforts to maintain bilateral partnership within the scope of a US-approved sanctions exemption...
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August 02,2020The Central Bank of Iran says the coronavirus pandemic, deepening budget deficit and disruption in foreign trade are largely responsible for pushing up consumer prices in recent months. The bank...
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August 02,2020After getting near the milestone 2 million points for almost two weeks, the benchmark of Tehran Stock Exchange, TEDPIX, moved past the psychological level on Sunday. TSE’s market-cap weighted...
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August 01,2020Cryptocurrency miners have one month to register smuggled mining equipment, said a deputy minister of Industries, Mining and Trade, the body in charge of authorizing crypto mining industry. "Most...
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August 01,2020Major currencies closed Saturday’s session unchanged while in the bullion market prices slipped after the gold coin peaked to new highs on Thursday. Hitting a historic high of 113.6 million rials...
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