Governor of the Central Bank of Iran Valiollah Seif said the drastic decision by the government to unify the US dollar’s rate does not mean that a fixed exchange rate system would be at work, as the rate would “fluctuate with market mechanisms”.
News ID: 2070 Publish Date : 2018/04/14
A delegation of high-ranking officials from Qatar’s Ministry of Transport and Communications as well as Qatar Ports Management Company arrived in Tehran on Monday to survey avenues of expanding cooperation and increasing bilateral trade with their Iranian counterparts.
News ID: 2060 Publish Date : 2018/04/11
Iran's government spent 316.3 trillion rials ($5.27 billion) on development projects in the first 11 months of the last fiscal year (March 21, 2017-Feb. 19), 70.1% more than the similar period of the year before.
News ID: 2058 Publish Date : 2018/04/11
Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif are set to appear before lawmakers to explain the situation.
News ID: 2049 Publish Date : 2018/04/09
By importing part of the domestic demand for wheat and rice, Iran can use the vital resource as potable water and for more economically beneficial activities, amid worsening water woes in the country, the rapporteur of the Majlis Energy Commission said.
News ID: 2043 Publish Date : 2018/04/05
The average Producer Price Index in the 12 months ending March 20, which marks the end of the Iranian month of Bahman and the last Iranian year, increased by 10.5% compared with last year’s corresponding period, the latest report of the Central Bank of Iran showed.
News ID: 2039 Publish Date : 2018/04/05
Iran's gross domestic product grew 3.4% during the first three quarters of the current fiscal year (March 21-Dec. 21, 2017) compared with last year's corresponding period, according to the Central Bank of Iran's report released on Sunday.
News ID: 2022 Publish Date : 2018/03/20
Total capitalization of Iran's capital market, including equity and fixed-income, is currently standing at around $130 billion.
News ID: 1996 Publish Date : 2018/03/10
The Central Bank of Iran has prepared a set of policies for the monetary and foreign exchange markets, which will act as a blueprint for regulating these markets, the bank's deputy governor announced on Sunday.
News ID: 1988 Publish Date : 2018/03/05
Tehran Stock Exchange’s main index lost 139.05 points or 0.14% to end Wednesday trade at 97,961.8.
News ID: 1970 Publish Date : 2018/03/03
The new directive, which bans the use of the US dollar in import order registrations by Iranian traders, serves the double purpose of sidelining the US dollar and curbing the volatility that gripped the foreign exchange market in recent weeks.
News ID: 1969 Publish Date : 2018/03/03
Tehran Stock Exchange’s main index gained 142.03 points or 0.15% to end Monday trade at 97,924.7.
News ID: 1928 Publish Date : 2018/02/13
Iranian banks have started buying Qatar’s riyal from exporters of goods and services to the Persian Gulf emirate, director general of Trade Promotion Organization for Iran’s Arab-African affairs said.
News ID: 1926 Publish Date : 2018/02/13
The rial continued to drop to record lows against the US dollar on Sunday, ending a short spell of stability that held for only a few days after the government assured the public that volatility in the foreign exchange market was temporary.
News ID: 1894 Publish Date : 2018/02/05
After weeks of speculation about the banking problems of Iranian students and businesses in China, which ranged from difficulties in conducting transactions to the total closure of accounts, a breakthrough has been made to end those concerns.
News ID: 1881 Publish Date : 2018/01/31
Minister of Industries, Mining and Trade Mohammad Shariatmadari said only half of Iran’s active industrial units are operating above 50% of their capacity.
News ID: 1842 Publish Date : 2018/01/23
Iran and Italy on Thursday signed a Master Credit Agreement worth €5 billion in Rome, making it the biggest foreign finance deal reached between Iran and a member of the European Union.
News ID: 1776 Publish Date : 2018/01/13
Iran’s Exclusive Commercial and Industrial Exhibition is scheduled to be held in Baghdad’s International Exhibition Center from Feb. 12 to 15, Iran’s commercial attaché to Iraq announced.
News ID: 1758 Publish Date : 2018/01/07
As part of the government’s plan for lenders to do away with excess assets and become more agile, more than 150 trillion rials ($3.5 billion) worth of bank properties have been sold during the fiscal 2016-17, the economy minister said.
News ID: 1673 Publish Date : 2017/12/11
The Iran-Brazil Chamber of Commerce hosted a visiting delegation from the Brazilian Trade and Investment Promotion Agency, also known as Apex-Brasil.
News ID: 1670 Publish Date : 2017/12/11
