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.
May 15, 2021 00:34
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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... -
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 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 17,2021The 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 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 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,...
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March 16,2021In a bylaw sent to banks and credit institutions, the Central Bank of Iran announced new official rates for foreign currencies. As per the rule, one euro will be equal to 129,000 rials and the US...
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March 16,2021The High Council of Securities and Exchange, the top stock market policymaker, has given approval in principle to raise daily price limits in the bourse. Spokesman of the Securities and Exchange...
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March 16,2021The central bank governor commended the initiative to hold bond auctions that helped in preventing further expansion of money supply. Addressing the 60th CBI General Assembly on Tuesday,...
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March 16,2021The main index of Tehran Stock Exchange, TEDPIX, gained 9,026 points, or 0.72%, on Monday to end trading at 1,254,212.
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March 16,2021Data released by the Central Bank of Iran indicate that total lending by banks was higher than deposits during the calendar month to Dec.20. Loans crossed 25,709.3 trillion rials ($102.8 billion...
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March 16,2021Gold prices in Tehran ended higher Monday while currency rates remained mostly unchanged.
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March 16,2021The new monetary policy of the Central Bank of Iran was timely and appropriate during the difficult economic conditions, head of the CBI's department for open market operation said. Reza...
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March 16,2021The managing director of the Securities and Exchange Organization has called on the Central Bank of Iran not to raise the yields on bonds to avoid harming the stock market. Talking on a radio...
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March 15,2021Building on some earlier gains, the main index of Tehran Stock Exchange, TEDPIX, closed 1.3% higher Sunday boosted by price increase in large caps. The index gained 15,808 points to close at 1,...
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March 15,2021The regulated foreign exchange market has expanded penetration with listed exchange shops as members increasing steadily, the market's head for communication department said. Close to 300...
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March 15,2021The state-run Power Generation, Distribution and Transmission Company (Tavanir) offered standard salaf contracts worth 15 trillion rials ($60 million) at the Iran Energy Exchange on Sunday. The...
