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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March 01,2023Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar traded at 525,000 rials on Wednesday in the open market down 2.4% on the previous day. The euro... -
March 01,2023Head of the Bank of Russia Elvira Nabiullina is due to visit Iran, ambassador of the Islamic Republic in Moscow, Kazem Jalali said on Wednesday. "The chairman of Bank of Russia is expected to Iran...
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March 01,2023The government can raise up to 2,000 trillion rials ($4.65 billion) from bonds based on the proposed 2023-24 budget. Lawmakers this week approved the cap for government debt. Bonds are largely...
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March 01,2023The Central Bank of Iran said $2 billion was supplied to the market via the newly-created Iran Center of Exchange (ICE) in the first week of its operation. From the total forex offered via the...
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March 01,2023Tehran Stock Exchange's main index, TEDPIX, gained 29,046.47 points or 1.61% on Tuesday to end at 1,838,119.40. The TSE equal-weighted index was up 0.81%. About 18.79 billion shares worth 105.9...
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February 27,2023The Majlis Research Center has proposed amendments to rules to help ease the sale of excess assets of state-owned banks. In a report seen on the MRC website, the influential body suggested that...
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February 27,2023The ‘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 market...
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February 27,2023Tehran Stock Exchange's main index, TEDPIX, gained 4,774.18 points or 0.26% on Monday to end at 1,809,073.81 but the TSE equal-weighted index lost 0.36%. About 21.56 billion shares worth 122.84...
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February 26,2023Trade 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 same...
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February 26,2023Interbank 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%. ...
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February 26,2023Tehran 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 156.66...
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February 25,2023Tehran 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...
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February 25,2023First 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 state...
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February 25,2023The 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 Iran...
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February 24,2023The 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 pre-pilot phase ended successfully with...
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February 24,2023An 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...
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February 24,2023The 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 weekly...
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February 22,2023The 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...
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February 22,2023TEDPIX, 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 worth...
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February 22,2023An 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 checks were...
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February 21,2023The 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 governor...
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February 21,2023Economy 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.
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February 21,2023Tehran 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...
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February 20,2023The 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...
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February 20,2023Tehran 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 81....
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