Business And Markets

Tehran stocks retreated for the third consecutive day on Monday as base metal and steel shares came under further pressure and the rial strengthened. 

Iran's steel industry has always played a significant role in global, regional and national economies, brining high revenues for countries and helping build strong economies with…

Future contracts were officially launched for the first time on Sunday in the Tehran Stock Exchange on seven tickers.  The equity futures were unveiled during a ceremony, attended by…

Tehran Stock Exchange tumbled into correction territory Sunday as an unimpressive economic picture sparked a retreat by investors and traders hesitant to enter the week with big bets as in the…

The National Development Fund of Iran deposited 50 trillion rials ($471 million) with agent banks in the first eight months of the current fiscal that ends next March.  

The Central Bank of Iran is ready to buy at negotiated rates the foreign currency of exporters whose earnings are blocked in other countries due to the US sanctions, says the CBI deputy chief…

Stocks lost further ground in thin trading on the Tehran Stock Exchange Saturday with active buying held in check amid a dearth of fresh positive news, both domestic and international. …

Iraq has had the strongest presence in the Third Exports Capabilities Exhibition of Iran, also known as "Iran Expo 2018", with 64 traders and businesspeople attending the event, Iran’s…

Future contracts (also known as futures) will be launched officially on the Tehran Stock Exchange TSE on Sunday, the TSE director said.  Ali Sahraee said such futures are traded…

Independence of the Central Bank of Iran lies at the heart of a new set of regulations known as Central Bank Bill, says the head of the Majlis Economic Commission.  The bill is part of…

Major Iranian home builders operating in rundown urban districts can now receive up to 1.1 billion rials ($10,000) in loans from the state-run Bank Maskan, also known as the Housing Bank, as per…

Following the slump in currency rates, the gold coin has also dropped in value in recent weeks to reach the lowest point in the past four months.  According to Mohammad Kashti-Aray,…

Iran produced 29.64 million tons of iron ore concentrate in the first eight months of the current fiscal year (March 21-Nov. 21), to register a 19% growth compared with last year's corresponding…

Foreign exchange rates in Tehran were again of the declining order on Wednesday as several factors prompt the rial to pare much of its unprecedented losses since the beginning of the current…

Tehran Stock Exchange's main gauge, TEDPIX, slumped for the second straight day on Wednesday as investors remained cautious given the uncertainty about the commodity and oil prices as well as…

Iran exported 4.73 million tons of finished and semi-finished steel products during the first seven months of the current fiscal year (March 21-Oct. 22) to register a 12.65% year-on-year growth…

Economic experts have commended the monetary and banking measures taken by the Central Bank of Iran to augment transparency and stability in the foreign exchange market, emphasizing that such…

The rial strengthened sharply on Tuesday, climbing to a near three-month high against the US dollar. With the exchange rate breaking below the psychological level of 110,000, the US dollar was…

Tehran stocks closed unchanged, down a negligible 0.41% in a dull Tuesday session and a technical glitch also contributed to the lethargy. Uncertainty about  global markets and lack of…

The chief of Securities and Exchange Organization – the sole regulator of the capital market – said the market for trading future contracts will be launched before the new year sets in. …

The main Iran-China banking channel is functioning after China's Bank of Kunlun resumed services for Iranians on Monday, deputy president of Iran-China Chamber of Commerce and Industries said.…

Tehran Stock Exchange’s main index TEDPIX gained 24.73 points or 0.01% on Monday to end trading at 166,915.9.  About 1.61 billion shares valued at 4.82 trillion rials ($43.08 million)…

Head of the Security and Exchange Organization -the sole supervisory body in Iran's capital market – said the capital market is ready to open new vistas to finance the housing sector using its…

Business leaders and private stakeholders on Sunday convened at the fourth anti-corruption conference as part of their effort to promote transparency and their long-time desire for a level…

Tehran Stock Exchange’s main index lost 191.96 points or 0.11% on Sunday to end trading at 166,891.8 About 2.4 billion shares valued at 10 trillion rials ($87.71million) changed hands at TSE…