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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November 10,2020Retail traders in Iran's bourse have taken out 400 trillion rials ($1.4 billion) after the chaotic market started to nosedive since mid-August. While a slew of neophytes flooded the market with... -
November 10,2020Total outstanding bank loans rose by 5,712.5 trillion rials ($21 billion) to 21,801.8 trillion rials ($80 billion) by the end of the Iranian month to August 21. That was 35.5% higher compared to...
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November 10,2020Foreign exchange rates gained against the rial for the third straight day contrary to expectations about further decline and the prospects of a stronger rial following optimisms about ease of...
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November 09,2020Despite significant growth in trade value, Tehran stocks again closed Monday in negative territory as sell-side pressure outweighed demand. The main index of Tehran Stock Exchange, TEDPIX, shed...
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November 09,2020Day trading will resume Tuesday after Tehran Stock Exchange authorities earlier banned the practice to entice investors to adopt ‘a buy and hold’ approach. In a notice published on its website,...
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November 09,2020Foreign exchange rates increased again Monday, with the dollar recording gains for the second day in a row. The Central Bank of Iran, however, said it expects further decline in rates. The dollar...
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November 09,2020With consumer price inflation galloping again in the last Iranian calendar month (Sept.22-Oct.21), the Central Bank of Iran in a report examined key factors pushing up prices and ways to control...
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November 08,2020Gold prices swung like a pendulum Sunday in Tehran despite the certainty expressed by analysts that the fluctuations will fade soon and prices will continue to fall. Emami gold coin started...
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November 08,2020Tehran stocks continued to plummet on Sunday as the bruising sell-off drags on and investors show little or no interest, nothing to say about their lack of empathy. The main index of Tehran Stock...
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November 08,2020The Central Bank of Iran is struggling to curb the high foreign exchange rates as best as it can through its affiliated exchange bureaus. Over the past week the dollar has been of the declining...
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November 07,2020The Central Bank of Iran condemned a Bahraini court verdict convicting Iranian banks for alleged money laundering saying that it "lacks legal basis".
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November 07,2020Iranian insurance companies are working to develop an integrated insurance market platform, to help insurers efficiently transfer risks to reinsurance companies. The integrated market is expected...
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November 07,2020The rial erased earlier losses in Tehran on Saturday as the dollar dipped and panic selling continued.
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November 07,2020Downturn in the currency market extended to share prices in Tehran, particularly those of export-oriented companies. The main index of Tehran Stock Exchange, TEDPIX, lost 27,684, shedding 27,864...
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November 06,2020Privatization of Tehran's two top football clubs, Esteghlal and Persepolis, will be finalized by the end of December, the Minister of Sports and Youth Affairs Masoud Soltanifar was quoted as saying...
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November 06,2020Data released by the Central Bank of Iran indicate that bonds worth a total of 1,021.5 trillion rials ($3.8 billion) were sold during the first six months of current fiscal year. Bond sale grew...
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November 06,2020Foreign exchange rates plunged in Iran’s currency market on Thursday amid nervousness over the fate of the US presidential election. Panic-selling was reported as initial results of the ...
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November 04,2020The Central Insurance company of Iran, the body in charge of regulating the industry, announced that four new insurance companies will open soon "Investors are interested in starting insurance...
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November 04,2020With money supply expanding at tremendous speed the growth of sight deposits in banks far outpaced term deposits in the first six months of current fiscal year (March 20- Sept.21) This reflects...
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November 04,2020Tehran’s stock market picked up on Wednesday on relative optimism among investors as they approached the shares of export-oriented companies, mostly commodity stocks. Increase in demand for the “...
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November 04,2020Currencies traded choppily in Tehran’s market on Wednesday, before ending lower and gold prices market soared. Like other financial markets around the globe, Iran’s forex market was also...
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November 03,2020Foreign currencies gained against the rial on Monday in Tehran’s open market. The dollar climbed 15,000 rials to reach 291,000 rials, more than 5% higher compared to earlier session. Other major...
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November 03,2020Iran’s Money and Credit Council, the top monetary decision-making body, approved proposals from the Central Bank of Iran to improve the balance sheets of lenders. The “cautionary policy for...
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November 03,2020The last report published by the central bank shows increase in Iran’s external debts and assets. Bucking a declining trend, foreign debt registered 7% growth at the end of the second quarter of...
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November 03,2020Electronic banking charges are higher than what customers pay, says the Central Bank of Iran's deputy governor for innovative technologies, elaborating the reasons behind the recent increase in...
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