Fixed income investors purchased 19.6 trillion rials ($63 million) bonds issued by the government at the fifth weekly bond auction.
Business And Markets
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Tehran stocks ended lower Tuesday amid persistent capital outflow by retail investors and a steep decline in value of deals. The benchmark of Tehran Stock Exchange, TEDPIX, lost 7,615.55…
The Export Guarantee Fund of Iran, the Trade Promotion Organization, Iran Insurance Company and Saba Business Development Holdings on Tuesday signed an agreement to help reduce risks of foreign…
An estimated 190,000 newlyweds borrowed 255 trillion rials ($822 million) from banks since the beginning of the current fiscal year in March until June 21, the Central Bank of Iran said. …
Total funding made available through the capital market amounted to 365 trillion rials ($1.1 billion) in in the first two months of current fiscal year (March 21- May 20). This was 9.7%…
Tehran’s share market closed near the flatline for the second straight session on Monday. The benchmark of Tehran Stock Exchange, gained 1,284.69 points or 0.08% to end trade at 1,547,…
The Plan and Budget Organization (PBO) has defended the government’s decision to end its forex subsidy policy basic imports. In a statement released Monday the PBO responded to a group of…
The Iran Fintech Association, a private society supporting fintech startups, has strongly criticized the Central Insurance company of Iran (CII) for promoting monopoly in the online insurance…
Raising the daily price spread in the share market is not on the agenda of the market regulator, managing director of Iran Fara Bourse, the junior equities exchange, said. Meisam Fadaee…
Data released by the Central Bank of Iran show that the average annual interbank rates picked up in the last fiscal year (March 2021-22) but it was relatively stable.
A new report by the Iran e-payment network, known as Shaparak, says major payment service providers have maintained their lead in the growing market. It said Saman Electronic Payment (SEP…
The Central Insurance company of Iran (CII), the industry’s regulator, is concentrating on promoting specialized insurance companies.
The domestic gold market saw big gains at the beginning of trading week on Saturday amid rising currency rates. The popular Emami gold coin jumped more than 4.7% or 7.5 million rials in…
The Majlis Research Center (MRC), the think tank of the parliament, has released the draft of a bill to reform the capital market law and called on experts to comment on its provisions. The…
Major indicators in Tehran’s share market eked out gains in the last trading week that ended on Wednesday amid persistent capital outflow by retail investors. The main index of Tehran…
Iraq’s government has paid $1.6 billion of its debt related to natural gas from Iran, the Iranian Oil Minister Javad Owji said. "After months of negotiations and diplomacy we received $1.…
Traders at the Iran Mercantile Exchange are showing rare interest in options contracts since the past three months. Investors traded 440,000 options contracts since the beginning…
After allowing non-oil exporters to sell their foreign currency at “negotiated rates” earlier in the week, the Central Bank of Iran extended the move to other forex sellers. In a bylaw…
Tehran’s stock market ended trading week Wednesday in the red with the TEDPIX, the benchmark of Tehran Stock Exchange, losing 9,730 points or 0.62% to end at 1,564,333. The TSE equal-weighted…
Iraq's Ministry of Electricity announced on Tuesday that it will settle its gas dues to Iran within two days. Ahmed Musa, the ministry spokesman, made the statement in an interview with Iraqi…
The National Development Fund of Iran (NDFI) last week recessed its financial statement showing the sovereign wealth fund among the largest in the world according to the Global SWF ranking.
The government sold 21.3 trillion rials ($66 million) bonds in the latest auction held by the Central Bank of Iran on Tuesday.
The Tap30 company, one of the main ride-hailing companies in Iran, offered 5% of its shares on Tuesday. It offered 1.17 billion shares each at 9,400 rials. The IPO was billed at 11 trillion…
After gains a session earlier trade in Tehran’s share market was lukewarm on Tuesday. The benchmark of Tehran Stock Exchange, TEDPIX, gained 2,619.6 points or 0.17% to end trade at 1,574…
The Central Insurance company of Iran (CII) has stopped issuing new operation license for online insurance brokers until further notice. According to Way2pay, the CII's department for new…
