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  • Food & Beverages Inflation at 21.7%
    The average goods and services Consumer Price Index of food and beverages—among 12 groups of the basket of consumer goods and services purchased by households—in the 12-month period ending Sept. 21...
  • Iran: Dollar Rally Pauses
    Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the...
  • TSE Bans Day Trading Until Further Notice
    Tehran Stock Exchange on Saturday banned day trading until further notice, a move seen to encourage investors to adopt “a buy and hold” approach.  In a notice published by the Securities and...
  • 1.2m Tons Added to Iran’s Steel Production Capacity
    The second phase of South Kaveh Steel Company with a steel ingot production capacity of 1.2 million tons was inaugurated on Saturday in a ceremony attended by First Vice President Es’haq Jahangiri...
  • Stock Gains Give Way to Losses in Tehran
    Tehran stocks began trading week on Saturday on a strong note but pared gains later as sell-off pressure mounted on a broad range of shares. The benchmark of Tehran Stock Exchange, TEDPIX, gained...
  • Free Trade, Special Economic Zones Account for 40% of Iranian Exports
    Exports from Iran's free trade and special economic zones account for 40% of the country’s total exports during the seven years since President Hassan Rouhani first took office in August 2013. ...
  • 38% Decrease in H1 Tehran Home Construction Permits
    The first half of the current Iranian year (March 20-Sept. 21) registered a 38% decline in the number of permits issued to home builders, says the head of Construction Engineering Organization of...
  • Reservations About NDFI Loan Mechanism
    The central bank will resist attempts to pay the rial equivalent of loans taken from the National Development Fund of Iran in bid to avoid overburdening the bank’s balance sheet by printing money...
  • CBI Unable to Put the Brakes on Forex Rates
    After touching 280,000 rials on Wednesday, the US dollar again extended gains against the rial on Thursday. It sold for 286,500 rials in Tehran’s open market, rising 6,000 rials, or 2%, compared to...
  • Petrochemical Industry Reports $15b Revenue
    Petrochemical companies in Iran produced 30 million tons in the last fiscal that ended in March, of which 22 million tons were sold in global markets, managing director of National Petrochemical...
  • Stocks Nudge Up
    After four straight sessions of bear market, Tehran stocks closed in positive territory on Wednesday.    The main index of Tehran Stock Exchange, TEDPIX, gained 30,271 points to close at 1,611,452...
  • Rial Falls to All-Time Low
    The national currency plunged to new lows on Wednesday as the dollar advanced to new record high. The greenback broke past the critical 280,000-rial level for the day in Iran’s open market and was...
  • IME Monthly Trade Improves
    An estimated 3.152 million tons of goods worth 303 trillion rials ($1.12 billion) were traded at the Iran Mercantile Exchange in the sixth month of the Iranian fiscal year (August 21-Sep 21),...
  • Over $90m Worth of Spices Exported in Five Months
    A total of 17,810 tons of different types of spices worth $94.56 million were exported from Iran to 43 countries during the first five months of the current Iranian year (March 20-Aug. 21),...
  • Energy Coop Talks in Kabul
    A deputy energy minister has expressed the hope that Iran and Afghanistan would expand cooperation in all areas of trade, transit, and electricity. Homayoun Haeri said this in a meeting with the...
  • Surge in Subway Use Raises Alarm Amid Covid Third Wave
    Amid the third wave of Covid-19 infections in Iran, the number of subway passengers has recently risen by 10% and made the bad situation worse, Tehran Metro’s CEO said.  
  • Flights to Germany to Resume in October
    IranAir, the country’s national flag carrier airline, will resume flights to Frankfurt, Germany, as of Oct. 3 after more than six months of suspension.  Touraj Dehqani Zanganeh, the head of Iran...
  • New Curbs on Insurance Agents
    The Central Insurance company of Iran, the regulatory body of the market, has warned agents against receiving insurance premium stressing that premiums must be paid directly to the insurance...
  • Consumer Inflation Hits 26%
    The average goods and services Consumer Price Index in the 12-month period ending Sept. 21, which marks the end of the sixth Iranian month, increased by 26% compared with the corresponding period...
  • TEDPIX Gives Up 0.8%
    Tehran Stock Exchange’s primary index, TEDPIX, slipped 13,954.47 points, or 0.87%, to close Tuesday trade at 1,581,206.28. Losses sustained by auto companies, refineries and energy firms were the...
  • Stocks Ride High in H1
    Stock yields were higher than other markets in the first half of the Iranian fiscal year (March-Sep. 2020). TEDPIX, Tehran Stock Exchange's main index shot up 211% during the period. Half Bahar...
  • Flights to Turkey Resume as of Today
    Mahan Air will resume flights to Turkey as of Sept. 22, the secretary of the Association of Iranian Airlines announced. Maqsoud Asadi-Samani added that other domestic airlines can also apply for a...
  • Auto Output Up 21% in 5 Months
    Iran’s automotive output increased by 21% during the first five months of the current Iranian year (March 20-Aug. 21) compared to the year-ago period. According to data released by the Industries...
  • Seafood Exports Top $530m p.a.
    A total of 146,000 tons of seafood worth $539 million were exported from Iran in the last fiscal year (March 2019-20), according to the head of Iran Fisheries Organization. “The figures show a...
  • Tehran Province Accounts for Over One-Fifth of Iran’s GDP
    Tehran Province accounted for 22.1% or more than one-fifth of Iran’s gross domestic product in the fiscal 2019-20.  The value of Tehran’s output stood at 7,400 trillion rials ($27.1 billion) in...

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