Morteza Mirmohammadi, Business & Markets Desk;
Iran's currency may be redenominated to reflect the over three-decade change in day-to-day financial lingo.
News ID: 794 Publish Date : 2016/12/29
Higher demand for overseas trips, the growth in Emirati Dirham’s rate [which is important for Iranian imports] and increasing activity of middlemen in the currency market are the main causes of recent swings in forex rates
News ID: 793 Publish Date : 2016/12/29
Mohammad Affianian, Finance Desk;
Instead of admitting their wrongful practices and seeking help, banks have engaged in senseless wrangling that will do nothing to end their woes which has culminated in their trading halt in the stock market
News ID: 785 Publish Date : 2016/12/28
The average Producer Price Index in the 12-month period ending December 20, which marks the end of the Iranian month of Azar, reached 3.5% compared with last year’s corresponding period.
News ID: 784 Publish Date : 2016/12/28
The average goods and services Consumer Price Index for urban areas in the 12 months ending December 20, which marks the end of the Iranian month of Azar, increased 8.6% compared with last year’s corresponding period, according to the latest report released by the Central Bank of Iran .
News ID: 772 Publish Date : 2016/12/27
The banking sector lent 3.26 quadrillion rials ($82.7 billion) to 5.3 million applicants during the eight months ending Nov. 20, marking a 48.4% growth compared with the same period of last year, the Central Bank of Iran ’s data show.
News ID: 730 Publish Date : 2016/12/23
Luxemburg banks are welcome to establish branches in Iran, as it would help two-way commercial relations, said Valiollah Seif, Central Bank of Iran governor, during a meeting with Etienne Schneider, deputy prime minister of Luxembourg on Monday.
News ID: 639 Publish Date : 2016/10/20
At a meeting earlier this week to address the challenges of the domestic cement industry, it was suggested that cement be used instead of bitumen in building roads and pavements in a new bid to stimulate demand.
News ID: 523 Publish Date : 2016/08/11
In the last Iranian year (from March 2015 to March 2016) mining sector recorded a positive growth and overtook industry sector.
News ID: 521 Publish Date : 2016/08/11
Central Bank of Iran ’s recent decision to legalize gold exports will not impact prices since “gold prices fluctuate in tandem with global prices rather than the volume of our country’s gold resources”, said Mohammad Keshti-Aray, the president of Gold and Jewelry Union on Tuesday.
News ID: 519 Publish Date : 2016/08/10
Demand for fixed-income securities is high among Iranian investors, as decreasing deposit rates leave bonds as the only high yield investment.
News ID: 473 Publish Date : 2016/07/22
As the shockwaves of Britain voting to leave the European Union on Friday continue to shake global markets, the effect was felt in Iran a day later – due to markets being closed on Friday–, a country with a long history of trade with the UK.
News ID: 396 Publish Date : 2016/06/27