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August 14,2021
The number of bad checks has declined by half thanks to the new check rules, according to an official with the Central Bank of Iran.
In a talk with IRIB news, Ameneh Nadali-Zadeh, the deputy at...
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August 14,2021
Insurance companies in Iran managed to improve their solvency margin ratio in the last fiscal year (ended March) to acceptable levels, an official with the Central Insurance company of Iran, the...
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August 11,2021
An investment company affiliated to the Civil Servants Pension Organization (CSPO) held an initial public offering on Wednesday at Iran Fara Bourse, the junior equity exchange.
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August 11,2021
Extending a week-long rally at Tehran foreign exchange market, the dollar advanced above the 260,000-rial level to reach the highest level in nine months.
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August 11,2021
Iran's Securities and Exchange Organization has no plan for hosting cryptocurrency trade in the capital market, head of the organization said.
"The SEO [so far] does not have plans for the entry...
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August 11,2021
Tehran stocks closed trading week Wednesday higher amid a buying frenzy that has been pushing up market indicators.
The benchmark of Tehran Stock Exchange, TEDPIX, gained 30,778.64 points and...
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August 10,2021
Tehran stocks made one of the biggest advances on Tuesday, rising for six successive sessions amid the spike in currency rates that have apparently fuelled demand for most commodity shares.
The...
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August 10,2021
The nationwide payment network, Shaparak, processed 3.37 billion transactions worth 5,605 trillion rials ($21.47 billion) during the Iranian month to July 22 – up 2.04% in volume and 1.42% in value...
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August 10,2021
The ascending order of forex rates in Tehran continued on Tuesday with the dollar moving above 260,000 rials in the open market.
The greenback climbed more than 1.7% or 4,400 rials and was quoted...
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August 10,2021
The Central Bank of Iran continues to implement open market operation to curb the excess liquidity of lenders in the interbank market.
During its weekly implementation of OMO, the CBI conducted...
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August 10,2021
Foreign exchange rates increased for the third consecutive session on Monday with the dollar quoted as high as 258,500 rials in Tehran open market.
The domestic bullion market however, was down in...
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August 10,2021
Liability insurance policies account for about 5% of insurance firms' annual premium income and experts believe that the category has the potential to play a bigger role in insurers' portfolios if...
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August 10,2021
The fifth wave of the Covid-19 pandemic infected over 40,800 Iranians and left 580 dead on Monday, the country’s largest single-day rise in cases and mortalities.
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August 10,2021
Tehran stocks extended a winning streak into the fifth session on Monday as demand outweighed supply for both small and large cap stocks.
The market-cap weighted index of Tehran Stock Exchange,...
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August 10,2021
On the 61st anniversary of foundation of Central Bank of Iran, its governor Akbar Komijani hailed the efforts to counter what he described as an “economic war”.
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August 09,2021
The number of bad checks have increased in the calendar month to June 21 three months after enforcement of stringent new rules to help improve credibility of check transactions.
Data released by...
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August 09,2021
Demand for large caps boosted the Tehran stock market on Sunday following a lukewarm session a day earlier. The main index of Tehran Stock Exchange, TEDPIX, gained 10,100 points or 0.72% to end...
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August 08,2021
The Iranian National Tax Administration has prepared a draft proposal for taxing cryptocurrency exchanges and called on the relevant regulatory bodies to pave the way for legalizing the crypto...
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August 08,2021
Assets owned by banks reached 84,606.4 trillion rials ($338 billion) by the end of the previous quarter on June 21, 50.3% higher y/y.
Foreign assets grew 60% y/y from 12,586.4 trillion rials ($50....
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August 09,2021
Banks have received 100,000 requests for credit cards for which Justice Shares can be used as collateral, an official with the Central Security Depository of Iran (CDSI) said.
"Since the beginning...
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August 09,2021
Iran Fara Bourse, the junior equity market in Tehran, launched an internet TV on Sunday to help improve the financial literacy of stock market investors.
The ITV “Vachar”, is borrowed from the old...
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August 08,2021
The managing director of Iran Mercantile Exchange in a letter to banks announced that the IME is willing and able to help them divest their non-financial assets.
Addressing managers of 27 state...
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August 08,2021
After eking out a 7% gain a week before, Tehran stocks started a lukewarm session at the beginning of trading week on Saturday.
The main index of Tehran Stock Exchange, TEDPIX, gained 1,718.18...
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August 06,2021
While parallel markets were rather lukewarm in the last trading week, Tehran’s share market was in upbeat mode in the working week ending Wednesday.
The benchmark of Tehran Stock Exchange closed 6...
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August 06,2021
Central Bank of Iran data shows despite decline in growth of sight deposits, depositors are keen about keeping their money in banks so long as term interest rates on deposits and sight deposits are...