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.
September 29, 2020 19:29
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September 15,2020Bank Melli Iran lent 42.7 trillion ($170 million) rials in marriage loans to newlyweds in the first five months of the current fiscal year (March 20-August 21). -
September 14,2020Iranians’ tendency to invest in banks has declined drastically in favor of stocks and real estate markets, according to a poll by the Iran Student Polling Agency (ISPA). ISPA asked a... -
September 14,2020Tehran’s stock market gained some composure on Monday as sell-side pressure on a number of shares eased and sentiments were boosted by supportive measures. The main index of Tehran Stock Exchange... -
September 14,2020The national currency declined to new lows in the face of a rising dollar on Monday but later recovered partially following intervention by exchange bureaus affiliated to the Central Bank of Iran... -
September 13,2020The Central Insurance company of Iran, the regulatory body of the industry, and a private insurance firm have crafted a new package for covering losses to the business community due to the... -
September 13,2020After gains a session earlier, Tehran stocks dropped on Sunday after efforts to prop up the fragile recovery were fell short of boosting the sagging sentiment of disillusioned investors. The... -
September 13,2020The Central Bank of Iran continues to exercise flexibility toward exporting companies regarding the repatriation of export earnings, the bank’s governor said. “The central bank believes in... -
September 13,2020Forex rates moved above 260,000 rials on Sunday to extend a rally that has strengthened since the beginning of the previous week. The dollar made a big leap forward and rose by 5,000 rials, or 2... -
September 12,2020Iran’s building and construction industry meets 100% of its requirements for raw materials from the local market, says Jafar Sarqeini, the caretaker of the Ministry of Industries, Mining and Trade... -
September 13,2020Tehran stocks opened trading week Saturday on a strong note as sell-side pressure eased and sentiments buoyed by new supportive measures announced by the regulator. The benchmark of Tehran Stock... -
September 12,2020Building on earlier gains, the US dollar advanced at the start of the trading week on Saturday climbing above the psychological level of 260,000 rials in unofficial currency markets in Iran. This... -
September 11,2020A plan to launch an international stock exchange is getting the finishing touches and is scheduled to be launched by late October, the economic deputy to the secretary of Iran's High Council of... -
September 11,2020As the stock market continues to plunge, the High Council of Securities and Exchange said banks too can invest in the bourse. This is in line with a variety of measures by the government to revive... -
September 11,2020An estimated 2.89 billion transactions worth 4,769.01 trillion ($20.7 billion) were processed via Shaparak (the nationwide electronic payment network) in the fifth month of current fiscal year (... -
September 11,2020Gold coin prices jumped above the all-time high of 120 million rials on Thursday as demand for the metal and foreign exchange rates soared again. Emami gold coin briefly broke past the... -
September 09,2020Tehran Stocks offered a sliver of hope at the close of trading week Wednesday as sell-off pressure eased in the final hours of trading session. The main index of Tehran Stock Exchange, TEDPIX,... -
September 09,2020The government sold 54 trillion rials ($225 million) in Islamic bonds during the weekly bond auction held by the Central Bank of Iran. Buyers were banks and credit institutions, investment funds...
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September 09,2020The Central Bank of Iran on Wednesday temporarily suspended allocation of $2,200 or equivalent in foreign currency at relatively less rates to the people after price arbitrage with the free market... -
September 09,2020After months of turbulence and sharp increases, a new report by the Central Bank of Iran shows a semblance of calm has returned to Tehran’s housing market. The average price of each square meter... -
September 08,2020Tehran stocks piled up more losses on Tuesday as the sell-off of majority of shares continued unabated but the overall volume of share sales kept diving. The main index of Tehran Stock Exchange,... -
September 08,2020Foreign exchange rates gained against the rial in Tehran’s unofficial market Tuesday amid rising demand and despite large-scale forex injection by exchange bureaus affiliated to Central Bank of... -
September 08,2020One or more neobanks will start operation in 2021, the Central Bank of Iran's deputy governor for innovative technologies said. "Robotic process automation and neobanks are among the latest...
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September 07,2020Price of the dollar increase slightly by 0.04% on Monday to reach 246,300 rials. The currency started the week with 1.3% increase. -
September 07,2020The Monetary and Banking Research Institute (MBRI), the research arm of Central Bank of Iran, has looked into challenges ahead of Iran’s currency swap agreements and offered solutions. Political... -
September 07,2020Thirty-six percent of all homebuyers in the first four months of the current fiscal year (March 20-July 21) used Bank Maskan loans to finance their homes. A total of 95,000 home deals were...
