Tehran shares displayed promise on the eve of the Persian New Year (started March 21) as retail investors returned to the market and fresh liquidity flowed in. After the annual weeklong…
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.
The Governor of Central Bank of Iran Ali Salehabadi said the bank will undertake comprehensive reforms in the new Iranian year that started on March 21. In a meeting with senior CBI…
Cryptocurrency and its underlying technology blockchain are seen as efficient solutions for improving economic conditions in underdeveloped regions. However, data has it that crypto-related…
The Central Bank of Iran on Wednesday announced new foreign exchange rates based on which commercial banks should convert their currency assets. According to a press release posted on the CBI’s…
Iranian lenders granted loans worth a total of 25,432.9 trillion rials ($97.8 billion) to businesses in the course of eleven months since the beginning of current fiscal year (March 21- February…
Iran’s foreign debt reached $8.47 billion by the end of the calendar month to January 21. According to Central Bank of Iran data, the amount was 7.3% lower compared to the beginning of…
The Securities and Exchange Organization on Tuesday unveiled four new platforms to improve its oversight of stock market trade. Mehdi Parchini, head of the supervision department of the…
The Central Ban of Iran on Tuesday again warned banks and credit institutions not to violate caps set on interest rates. In a press release posted on its website, the regulator said…
The decision to tax bank deposits of legal entities may force investment funds in the capital market to change track in their asset portfolios, Mohsen Khodabakhsh, the vice chairman of board of…
Major indices of Tehran’s share market closed near the flatline on Monday amid noticeable decline in trade by retail investors. Swinging between positive and negative zones, the…
The latest monthly report of Iran's e-payment network, published by Shaparak Company, shows Saman Electronic Payment (SEP) company topped the list of payment service providers in the month to…
The Credit Commission of the Central Bank of Iran has agreed to raise the cap on Qarzol-Hassanah (interest-free microcredit) loans up to fourfold. According to a press release posted on…
The Central Bank of Iran reported 40% rise in term deposits on an annualized basis by the end of the 10th calendar month to Jan. 20. Total term deposits reached 36,280.8 trillion rials ($…
Forex rates saw big swings in the past two sessions in the unofficial currency market in Tehran with prices moving up on Sunday. The dollar jumped more than 1.5% to be traded at 263,500…
Electronic negotiable instrument will become tradable in the equities market in the near future, an official at the Economy Ministry said. According to Ebrahim Sayami, head of the…
The parliament is working on legislation that will cap payouts in third-party auto insurance coverage for luxury cars. “Owners of luxury cars should buy auto body insurance [to be able] to…
Foreign assets of Iranian banks reached $80 billion by the end of the tenth calendar month to Jan. 20. The Central Bank of Iran in a report said the assets were 46.1% higher compared to the…
After posting gains a week before, Tehran stocks opened trading week on Saturday under fresh heavy selloff pressure in almost all stock categories. The main gauge of Tehran Stock Exchange…
A major Iranian cryptocurrency exchange platform, Nobitex, has published a detailed report on its performance in 2021, claiming that it recorded 728% growth in the number of users. The exchange…
The Money and Credit Council, the top banking and monetary decision making body, will have the final say on loans ordered by the Majlis, Mohammadreza Pourebrahimi, head of the Majlis Economic…
The managing director of the Securities and Exchange Organization on Saturday briefed reporters on measures taken by the regulator in the outgoing calendar year. Majid Eshqi said the…
The Central Bank of Iran is intensifying controls over bank loans via electronic platforms, head of the CBI public relations department said.
Tehran’s share market showed some sign of recovery in the last trading week that ended on Wednesday as retail investors showed renewed interest. Benchmark of Tehran Stock Exchange, TEDPIX,…
More than 126.6 million bank cards were used at least once during the eleventh Iranian month (Jan. 20-Feb. 19) of the current fiscal year, data released by Shaparak, the company in charge of…
The lowest bond sale was recorded Tuesday in the past three weeks during the weekly auction held by the Central Bank of Iran. Out of the 76.7 trillion rials ($300 million) bonds on offer,…
