Iran’s Finance and Economic Affairs Minister Farhad Dejpasand said a program for amending the country’s banking system has been prepared by the ministry and handed over to President Rouhani in late September.
News ID: 6517 Publish Date : 2019/10/05
Iran is going to allocate all revenues from oil sales to the development projects following structural reforms in the next Iranian calendar year’s (March 2020-March 2021) budget bill, IRIB reported on Monday, quoting the head of Planning and Budget Organization (PBO) as saying.
News ID: 6511 Publish Date : 2019/10/03
Several European companies and banks have expressed their readiness to join the European financial channel with Iran, INSTEX, in a bid to help operationalize the system, said new INSTEX president on Tuesday.
News ID: 6433 Publish Date : 2019/09/18
During weekdays ending up to September 12, while 429,093 MT of commodities worth over $547 million were traded on Iran Mercantile Exchange, IME experienced a growth of 17% in its trading value.
News ID: 6432 Publish Date : 2019/10/01
Exports of commodities from Iran’s southeastern port of Chabahar has risen 100 percent during the first half of the current Iranian calendar year (March 21-Septemeber 22) compared to the first half of the past year, according to the head of Ports and Maritime Department of Sistan-Baluchestan Province (where the port lies).
News ID: 6430 Publish Date : 2019/10/01
The Statistical Center of Iran announced that the inflation rate in the twelve-month period ended on September 22, which marks the end of the sixth Iranian calendar month of Shahrivar, stood at 42.7 percent, IRIB reported.
News ID: 6403 Publish Date : 2019/09/30
The trade between Iran and European Union countries during the first seven months of 2019 stood at €3.087 billion, Tasnim news agency reported.
News ID: 6390 Publish Date : 2019/09/30
Iranian Industry Minister Reza Rahmani appointed Hamid Zadboum as the new head of Trade Promotion Organization of Iran (TPO) and also a new deputy minister, TPO announced.
News ID: 6368 Publish Date : 2019/09/27
Iranian Deputy Industry Minister Hossein Modares Khiabani said his ministry has it on the agenda to increase the value of exports to Iran’s 15 neighbors up to $50 billion, Tasnim news agency reported on Saturday.
News ID: 6345 Publish Date : 2019/09/01
During weekdays ending up to August 29, while 680.291 million tons (MT) of commodities worth over $666 million were traded at Iran Mercantile Exchange (IME), the trading volume and value experienced a growth of 169 percent and 81 percent, respectively.
News ID: 6344 Publish Date : 2019/09/01
Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied €7.197 billion for imports of basic goods since the beginning of current Iranian calendar year (March 21) up to August 29, IRNA reported on Friday.
News ID: 6342 Publish Date : 2019/09/01
Governor of Central Bank of Iran (CBI) said the bank’s current programs are mainly focused on controlling liquidity and supporting domestic production, IRNA reported on Saturday.
News ID: 6341 Publish Date : 2019/09/01
The U.S.-China trade war, which has been going on for more than a year, entered a new phase last week as China not only imposed new tariffs on U.S. goods in retaliation against Trump's actions, but took the matter a step forward by putting "crude oil" on its tariff list.
News ID: 6320 Publish Date : 2019/09/02
Iran exported $17.8 billion of non-oil commodities during the first five months of the current Iranian calendar year (March 21-August 22), IRIB reported on Monday.
News ID: 6317 Publish Date : 2019/09/02
Investors are going for gold in a big way. Inflows into bullion-backed exchange-traded funds topped 100 tons in August to hit the highest since February 2013 as the trade war worsened, risk assets took a knock, and central banks signaled looser monetary policy.
News ID: 6291 Publish Date : 2019/09/03
Latest reports show that Iran’s economy has found its way under pressures with increase in stock exchange market, 16 months after US President Donald Trump unilaterally withdrew from nuclear deal and imposed Washington’s unilateral sanctions against Tehran.
News ID: 6275 Publish Date : 2019/08/29
Iran’s private sector invested 2.68 trillion rials ($24.2 million) in Payam Special Economic Zone & Payam International Airport in Karaj, the central city of Alborz Province, during the five months to Aug. 22, which indicates a threefold rise compared with last year’s corresponding period.
News ID: 6270 Publish Date : 2019/08/29
The secretary of Iranian Free Zones High Council said domestic investment in the country’s free economic, industrial zones increased nearly 40 percent in the past Iranian calendar year of 1397 (ended on March 20), IRIB reported on Tuesday.
News ID: 6255 Publish Date : 2019/08/29
Iran’s Oil Minister Bijan Namdar Zanganeh has denied the idea of U.S. sanctions’ long-term impact on the country’s oil production and exports capacity, saying output could be back to normal very quickly once the sanctions are removed.
News ID: 6254 Publish Date : 2019/08/29
Head of Iran’s Planning and Budget Organization (PBO) said despite the decrease in the country’s oil revenues the country won’t face any budget deficit in the current calendar year (ends on March 19, 2020).
News ID: 6253 Publish Date : 2019/08/29
