Iran Economy
November 15, 2020 22:00
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January 18,2021Iran’s export of mineral products in the first three quarters of the current fiscal year (March 20-Dec. 20) stood at 29.5 million tons worth $4.11 billion, latest data released by the Iranian Mines... -
January 12,2021Thermal Power Plant Holding Company plans to sell standard salaf contracts worth 13.57 trillion rials ($52 million) in two phases to fund new projects, the company's CEO said. Affiliated to the... -
January 12,2021Share prices plunged deeper Tuesday as relentless sell-off swept through most categories with retail traders again rushing for the exits. The main gauge of Tehran Stock Exchange, TEDPIX, lost 40,... -
January 11,2021The main index of Tehran Stock Exchange, TEDPIX, dropped 0.41% on Monday, losing 5,375.44 points to end trading at 1,301,245. Blue chips and large caps pulled down the market cap-weighted TEDPIX... -
January 10,2021President Hassan Rouhani said on Sunday that a specific mechanism governs the stock market and underscored the critical need to avoid "unskilled intervention" in its operations. Addressing... -
January 10,2021Outbound smuggling via eastern and western borders is to blame for the increase in prices of cooking oil, says Qasemali Hassani, secretary of the Union of Food Wholesalers. “Sadly, the government...
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January 10,2021Tehran stocks broke a 3-day losing streak on Sunday as investor sentiment was buoyed by strong opposition from top government officials to the unwanted intervention in commodity prices. The main... -
January 09,2021Exports from the southern Bushehr Province during the first nine months of the current Iranian year (started March 20, 2020) stood at 18.95 million tons worth $4.36 billion. According to Ahmad... -
January 09,2021The main gauge of Tehran Stock Exchange, TEDPIX, lost 1.9% on Saturday as supply continued to outweigh demand. It shed 24,808 points to fall below the critical 1.3 million points, ending trade at 1... -
January 09,2021Growth in key monetary variables, including money supply and the monetary base, lost momentum in the calendar month to Dec. 20, the Central Bank of Iran said. Outlining trends in major... -
January 09,2021A total of $40 million worth of apparel were exported from Iran during the first seven months of the current Iranian year (March 20-Oct. 21, 2020), according to the deputy head of Textile and... -
January 08,2021Iran's stock market logged one the biggest downturns in the past several sessions on Wednesday as relentless sell-off continued to pummel share prices. The Tehran Stock Exchange extended the... -
January 06,2021Iran and 27 members of the European Union traded €1.06 billion worth of goods during the third quarter of 2020, to post a 21% decline compared with the previous year's corresponding period. ... -
January 05,2021Most commodity stocks in Tehran went into a tailspin on Tuesday as a government decision to intervene and control steel prices made the market jittery. After sessions of bear market, stocks had... -
January 05,2021Iran’s non-oil trade with the Eurasian Economic Union hit $1.4 billion during the eight months to Nov. 20, 2020, indicating an 11% decline compared with the corresponding period of last year. Non... -
January 05,2021Government revenues outweighed its expenditures by 40 trillion rials ($153.84 million) in the last fiscal year (March 2019-20), says Mehrdad Bazrpash, the head of Supreme Audit Court of Iran, the... -
January 05,2021The Industries Ministry on Tuesday announced a controversial policy based on which steel products have to be sold at the Iran Mercantile Exchange at prices equivalent to 70% in the Commonwealth of... -
January 05,2021The government has decided to import about 2.3 million tons of wheat during the course of the current crop year (September 2020-21) to replenish its strategic reserves, according to the head of the... -
January 04,2021A total of $805 million worth of commodities produced in Hormozgan Province were exported during the first nine months of the current Iranian year (March 20-Dec. 20), showing a 6% increase compared... -
January 03,2021Iran exported 20.8 million tons of goods worth $5.9 billion to Iraq during the first nine months of the current Iranian year (March 20-Dec. 20, 2020), registering a 15% decline in value compared... -
January 03,2021After heavy losses a session earlier, most indicators at Tehran's share market closed slightly above the flatline on Sunday, thanks to institutional traders' tilt on the buy side. Both the market... -
January 02,2021Tehran's share market opened trading week Saturday amid weakened sentiment over what lies ahead for share prices in the near future. The main index of Tehran Stock Exchange, TEDPIX, lost 43,682... -
January 02,2021The import of all necessity goods, except corn, has declined this year compared with last year, Domestic Commerce Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture reported... -
January 02,2021The managing director of the Securities and Exchange Organization, Hassan Ghalibaf-Asl, has again asked government bodies to stop intervention in pricing products of listed companies. Ghalibaf-... -
January 02,2021Iran’s commercial exchanges with its major trading partner China stood at $13.52 billion during the first 11 months of 2020 to register a 36.5% decline compared with the corresponding period of...
