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.
April 21, 2021 21:55
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April 07,2021Foreign exchange rates rose again on Tuesday with the dollar surging above the critical 250,000 rials level. -
April 07,2021The Rouhani administration has submitted a bill to the parliament that allows ECO Trade and Development Bank to open a representative office in Tehran to help expand ties between Iran and members...
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April 06,2021Tehran stocks closed lower Monday to register the sixth consecutive decline despite some respite from the sell side compared to the earlier session. The main index of Tehran Stock Exchange,...
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April 06,2021The economy minister Monday denied reports that the government borrowed from the Central Bank of Iran to cover its huge budget deficits in the last fiscal year (March 2020-21). "The government did...
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April 06,2021Shaparak, the company affiliated to the Central Bank of Iran and in charge of supervising Iran's payment network, is to rank payment service providers (PSPs), the company director said.
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April 06,2021Bank loans to newlyweds climbed to 430 trillion rials ($1.7 billion) in the last fiscal year (March 2020-21), indicating 65% growth compared to the year before.
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April 06,2021The managing director of Securities and Exchange Organization says provisions of the fiscal budget (March 2021-22) should be enforced with extra caution because it could have mixed effects on the...
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April 04,2021With the bearish trend dragging on, the Tehran share market slumped on Sunday to extend a losing streak into the fifth day. The main index of Tehran Stock Exchange, TEDDPIX, lost 13,469 points or...
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April 04,2021The managing director of Iran Fara Bourse, the junior equity market in Tehran, says removing limits on daily share prices would be a boon for bourse. Amir Hamouni told IRNA said eliminating the...
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April 03,2021A member of the High Council of Securities and Exchange, the capital market policymaking body, criticized the government predominant role in the debt market that is depriving the private sector of...
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April 03,2021Prices in Tehran’s currency and gold market dropped sharply as official trade resumed on Saturday after the annual two-week Nowrouz holidays, marking the Iranian new year. The dollar lost close...
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April 03,2021During the last Iranian year that started on March 20, 2020, and ended on March 20, 2021, the number of home deals finalized in Tehran totaled 83,303, which shows a 0.3% decline year-on-year. In...
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April 03,2021Data released by the Central Insurance company of Iran shows decent growth in insurers' premium income from two recently digitalized categories, namely fire insurance and transportation insurance...
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April 03,2021An estimated 227 trillion rials ($908 million) worth of checks bounced in the month to Feb 18 -- up 8.8% compared with the earlier month. The Central Bank of Iran said the number of bad checks...
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April 03,2021Tehran stocks opened trading week on Saturday lower to extend a four-day losing streak and post the biggest daily loss since the beginning of new fiscal year (started March 21). The main index of...
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April 02,2021Stock market performance was disappointing in the first trading week of the new Persian year (started March 21) while currency and bullion market posted gains. The US dollar was traded below 250,...
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April 02,2021The new check issuance and operational rules came into effect on the first working day of the new fiscal year on March 25. It is designed to improve transparency in check transactions by obliging...
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April 02,2021Iran’s central bank governor Abdolnasser Hemmati has asked the International Monetary Fund to end its annoying bias and without "undue influence" of the United States respond to Iran's emergency...
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April 02,2021The Central Bank of Iran has outlined priorities in the new fiscal year that started on March 21 including taming high inflation, boosting manufactures and stabilizing markets. It said it is...
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March 17,2021Bond sale in the final week of the current fiscal year hit a record and enabled the government to realize its goal to generate 1,250 trillion rials ($5 billion) by selling debt.
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March 17,2021The Central Insurance company of Iran, the industry regulator, has increased the premium for compulsory third-party auto insurance by 37% for the next fiscal year (starts March 21), following the...
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March 17,2021Tehran stocks closed the last trading session in the outgoing fiscal year on Wednesday in positive territory extending a 9-day upbeat trend.
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March 17,2021The Energy Ministry is planning to promote renewable energy for mining cryptocurrencies.
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March 17,2021Banks and credit institutions paid 16,060.5 trillion rials ($64.2 billion) in loans to businesses in 11 months since the beginning of current fiscal year that ends on March 20.
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March 16,2021Tehran stocks eked out robust gains on Tuesday extending an 8-day winning streak that started last Sunday amid rising demand for large caps. The main index of Tehran Stock Exchange, TEDPIX,...
