The ‘Council for Coordination of the Three Branches of Power’ has decided to delegate more authority to the Central Bank of Iran to enable it prop up the rial and stabilize the chaotic forex…
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 65,517.30 points or 3.77% on Sunday to end at 1,804,299.04 while the TSE equal-weighted index added 2.04%. About 26.8 billion shares worth 156…
Interbank rates continued to climb last week reaching the highest level in seven years. According to EcoIran Web TV, rates posted 0.75% growth during the week to February 23, to reach 23%.…
Trade via exchange-traded funds at Iran Fara Bourse (IFB) reached 85,403 trillion rials ($170.8 billion) in the first eleven months (ended Feb. 22) of the calendar year -- 146% higher on the…
First Vice-President Abbas Mokhber, Economy Minister Ehsan Khandouzi and the Governor of the Central Bank of Iran Mohammad Reza Farzin went to the Majlis on Saturday to brief lawmakers on the…
Tehran Stock Exchange's main index, TEDPIX, gained 82,188.58 points or 4.96% on Saturday to end at 1,738,782.27, posting the highest daily growth in recent months and displaying some rare…
The global anti-money laundering watchdog, the Financial Action Task Force (FATF), will maintain Iran's position on its blacklist until the country completes its full Action Plan. "If…
The Central Bank of Iran says the pre-pilot phase of its Central Bank Digital Currency project, CryptoRial, is complete and now in its pilot phase.
The bond market again signaled unease as investors remain unimpressed despite rising yields as seen over the past several months. The government managed to sell some bonds in the last…
An estimated 10.399 million tons of goods were traded in the spot market of the Iran Mercantile Exchange (IME) in the last calendar month to Feb 22. Compared to the month before, the deals…
The Central Insurance company of Iran (CII) has launched its long-awaited innovation center to promote innovative solutions for growing sector. Speaking at the opening ceremony of the center on…
An estimated 450,000 checks bounced in the eighth fiscal month ending January 22, down 9.7% on the previous month as banks cleared more checks compared to the recent past. The total…
TEDPIX, the main index of Tehran Stock Exchange, lost 2,822.67 points or 0.17% on Wednesday to end at 1,656,593.35 and the TSE equal-weighted index slumped 0.76%. About 14.8 billion shares…
Economy Minister Ehsan Khandouzi says Iran and China talked about increasing the share national currencies in two-way trade during President Ebrahim Raisi's visit last week to Beijing.
The Central Bank of Iran wants to gradually expand the scope of the newly-established Currency and Gold Trade Center (CGTR) so that it could replace the free (unofficial) market, the CBI…
Tehran Stock Exchange's main index, TEDPIX, gained 65,154.31 points or 4.09% on Tuesday to end at 1,659,416.45. The TSE equal-weighted index climbed 2.82%. About 18.7 billion shares worth 115.4…
The Central Bank of Iran officially unveiled the Currency and Gold Trade Center apparently in the latest bid to control forex and gold prices that have jumped to levels unseen in the history of…
The Central Bank of Iran will announce a new mechanism for assessing bank customers' credibility in the next Iranian year (starts March 21), the CBI deputy head for innovative technologies said…
Tehran Stock Exchange's main index, TEDPIX, gained 60,896.13 points or 3.97% on Monday to end at 1,594,262.88 while the TSE equal-weighted index jumped 3.45%. About 13.28 billion shares worth…
With forex rates at historic highs, the Central Bank of Iran says it has new plans for “managing currency rates”.
Tehran Stock Exchange's main index, TEDPIX, gained 8,570.88 points or 0.56% on Sunday to end at 1,533,366.46. The TSE equal-weighted index gained 0.41%. About 8.2 billion shares worth 56.88…
Come April companies listed at the Tehran Stock Exchange and Iran Fara Bourse will be rated in terms of their adaptability to corporate governance, the TSE' chief said. "Companies must…
Government bonds again failed to attract buyers on Wednesday as banks, credit institutions and institutional investors stayed away. Bond auctions are held by central bank on behalf of the…
Interbank rates continued to climb last week reaching the highest in two years. According to EcoIran Web TV, rates in the market posted 0.75% growth during the week to February 16, to…
The Economy Ministry says banks and credit institutions gave an estimated 475 trillion rials ($1.04 billion) in loans to 1,293,216 applicants without demanding collateral and by using their…
