Tehran stocks jumped higher on Monday for the seventh day in a row. Tehran Stock Exchange main index, TEDPIX, gained 45,076.24 points or 3.35% to end at 1,389,752.61. About 11.47 billion shares…
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.
Tehran Stock Exchange's main index, TEDPIX, gained 1,344,675.86 points or 1.23% on Sunday to end at 1,344,675.86. The TSE equal-weighted index gained 1.35%. About 8.64 billion shares worth 48.…
The Central Bank of Iran on Sunday said selected banks have been allowed to sell foreign currency at negotiated rates in line with new measures to help tame the high and rising forex market.
Data related to the performance of the National Development Fund of Iran must available to the public because resources of this sovereign fund belong to all Iranians, head of the NDFI board of…
Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data…
The Ministry of Economic Affairs and Finance is preparing a bill to disengage from the harm inflicted on the economy due to years of government-dictated prices on goods. “The law, on many…
The board of directors of Iran Fara Bourse, Iran's over-the-counter exchange, appointed Muhammad Ali Shirazi as the new head of IFB replacing Meysam Fadaei, who resigned on Thursday after less…
Iran’s foreign debt was $7.16 billion by the end of the fifth calendar month (August 22), the central bank said Saturday. This was almost 17.4% lower from the beginning of the year in March 2022…
Tehran’s share market wrapped up the week on Wednesday recovering some loss incurred in the week before when it was hit by the biggest five-day loss since the beginning of the fiscal year in…
The Central Bank of Iran has given permission to exchange shops to buy and sell foreign currency online through the website of the Iran Currency Exchange (ICE).
Iran and Oman central banks discussed ways to boost cooperation in Tehran on Thursday.
Despite persistent warnings by the Central Bank of Iran, banks continue to offer higher interest rates on deposits -- up to 22% and 24%. There is plenty of evidence of the toxic impact of…
The main index of Tehran Stock Exchange, TEDPIX, gained 3084.62 points or 0.24% on Wednesday to end at 1,283,540.76. About 6.18 billion shares worth 33.88 trillion rials ($98 million) changed…
Currency prices shot up Wednesday in Tehran's open market with the US dollar at an all-time high. The greenback was quoted at 344,400 rials on Wednesday, up 2.96% or 10,200 rials,…
The government bond offer was welcomed by stock market investors on Tuesday after two consecutive unsuccessful weeks wherein the main buyers (banks and institutional investors) stayed away.…
The main index of Tehran Stock Exchange, TEDPIX, gained 9,026 points, or 0.72%, on Monday to end trading at 1,254,212. About 7.88 billion shares worth 64.57 trillion rials ($269.07 million)…
Since the beginning of the calendar year in late March banks and credit institutions gave 1,080 trillion rials ($3.22 billion) loans to low-income people , namely to bolster youth marriage and…
The Securities and Exchange Organization (SEO) is set to announce further support policies to help address mounting concerns of shareholders, the SEO chief said. "The measures are…
The National Iranian Gas Company (NIGC) has informed cryptocurrency miners about a rise in natural gas prices for the current fiscal year (started in March 2022). As per the decision, each…
The Securities and Exchange Organization (SEO) cannot alone reverse the extended frustration that has cast a shadow over the capital market while other sectors of the economy make it ever harder…
The main index of Tehran Stock Exchange, TEDPIX, gained 15,368.45 points or 1.23% on Monday to end at 1,269,833.38. An estimated 16.28 billion shares worth 92.6 trillion rials ($319.3 million)…
The Central Bank of Iran on Monday revealed a draft of its central bank digital currency (CBDC) project whitepaper, known as the crypto-rial and called for recommendations before moving forward…
The government sold 12% of its shares in the Persian Gulf Petrochemical Industries Company (PGPIC) on Monday worth 1,087 trillion rials ($3.33 billion) marking "the largest privatization deal in…
Life insurance has become the main source of premium income for some private insurance companies, data released by the Central Insurance company of Iran (CII), the supervisory body of the sector…
The main index of Tehran Stock Exchange, TEDPIX, gained 9,837.53 points or 0.79% on Sunday to end at 1,254,464.84. About 7.41 billion shares worth 50.62 trillion rials ($174.6 million) changed…
