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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June 05,2022After a one-day hiatus, foreign exchange rates soared on Wednesday at Tehran’s free market, which also pushed up prices in the bullion market. The US dollar advanced to as high as 317,000 rials... -
June 05,2022More than 41,000 automated teller machines across the country are now connected to the Central Bank of Iran's Sayyad system that allows account holders to register checks and assess the credibility...
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June 05,2022The National Development Fund of Iran has received the go-ahead to broaden its investment scope, the sovereign wealth fund’s board of directors announced. In a meeting attended by President...
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June 05,2022The government generated 30.1 trillion rials ($97 million) in the second round of weekly bond auction held by the Central Bank of Iran on Tuesday. The auctions are held by CBI on behalf of the...
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June 01,2022The government on Tuesday submitted a bill to parliament regarding Iran's contribution to the sixth round of Islamic Development Bank's (IDB) capital increase. According to Mohammad Hosseini,...
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June 01,2022The 29th Monetary and Banking Conference in Tehran ended Tuesday after debating the trends in inflation and adopting strategies to curb it. Organized by the Monetary and Banking Research...
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June 01,2022The benchmark of Tehran Stock Exchange, TEDPIX, closed Tuesday in positive territory gaining 5,330 points or 0.35% to end trade at 1,542,711.
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June 01,2022Logging daily gains since last week the US dollar crossed the critical 310,000-rial level on Monday in the open market and closed at 311,000 rials, rising more than 3%. America’s currency soared...
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May 30,2022The Central Bank of Iran plans to launch its digital currency project, known as the crypto-rial by the end of the summer. Governor Ali Salehabadi made the announcement at the opening ceremony of...
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May 30,2022Data released by the Central Bank of Iran show broad money registered a slight monthly decline in the first month of current fiscal year ending April 20. Broad money stood at 48,234 trillion...
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May 30,2022Bucking a two-day losing trend, the benchmark of Tehran Stock Exchange, TEDPIX, ended trade Monday in positive territory. The market cap-weighted TEDPIX gained 3,322 points or 0.22% to finish...
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May 30,2022Despite the Reserve Bank of India (RBI) allowing use of third-party currency for doing business with Iran, Indian tea exporters are facing difficulties as Tehran is unable to make direct payment in...
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May 29,2022Tehran’s share market Sunday incurred one of the biggest losses in recent days amid retail investors’ continued reluctance to trade plus large-scale capital outflow. The benchmark of Tehran Stock...
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May 29,2022Tehran Municipality is buying material and equipment for its urban expansion projects from the Iran Mercantile Exchange, a deputy mayor said Sunday. Abolfazl Fallah said the move should help...
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May 29,2022The Central Insurance company of Iran (CII) published a report on the industry's performance saying the number of branches and insurance agents increased in the last fiscal year that ended in March...
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May 29,2022The Central Bank of Iran Sunday issued new instructions obliging banks to monitor the transactions of customers based on their “level of activity”. The instructions, seen on the CBI website,...
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May 29,2022Tehran’s share market opened the week Saturday again in negative territory with retail investors rushing for the exits.
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May 28,2022Trade in the Iran Energy Exchange (IRENEX) reached 1,480 trillion rials ($4.9 billion) in the last fiscal year that ended on March 20. According to Ali Naqavi, managing director of IRENEX, this...
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May 28,2022Cryptomining centers' access to the national power grid will be cut during the summer season as electricity consumption peaks. Mostafa Rajabi Mashhadi, spokesman of the Iran Power Generation,...
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May 28,2022The extended and failed debate over repaying foreign currency loans taken earlier from the National Development Fund of Iran (NDFI) has entered a new phase as the Iran Chamber of Commerce,...
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May 28,2022The Central Bank of Iran has implemented new rules to help reduce the number of bounced checks. Based on the new rules, if a check is rejected due to insufficient funds, the amount will be...
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May 28,2022Banks gave 669.4 trillion rials ($2.2 billion) in loans to the knowledge-based economy in the last fiscal year ending March 20. According to numbers released by the Central Bank of Iran, this was...
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May 28,2022Tehran’s share market again saw nervous investors trying to sell and exit the market in the last trading week that ended on Wednesday.
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May 28,2022The National Development Fund of Iran, the sovereign wealth fund, reiterated that it is expanding its investment activity, outlining key investment options and listing areas the fund must shun. ...
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May 25,2022The Central Bank of Iran has cancelled its decision announced last week to impose restrictions on third-party credit rating platforms, allowing them to resume services as the representative of the...
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