Market News – The Central Bank of Iran (CBI) put Iran Economy inflation at 9.9% for 12 months ended February 19th, while it stood at 10% in the previous month. According to Agah Group previous daily news, the Statistical Center of Iran had announced this rate at 8.3%. Estimations indicate that this rate will remain in the one-digit area until the end […]

Market News – Brokerage houses ranking for the 11-month period ending Feb 19, 2018 has been announced by Securities and Exchange Organization (Iran SEO) and Agah Group again placed second in terms of electronic trades (e.g. online trading) with 6.68% market share. Electronic trades on Iran Capital Marketitself span for 21.5% worth IRR 235,000 bn (cUSD 5.2 bn) of the total […]

Market News – Iran Central Bank managed to control the forex market fluctuations through offering its rescue package over the past week. While some economists believe that such a package will act as a proper tool to relax the current fluctuations and enable the policy maker to implement its reform plans free from irrational behaviors, there are some disagreeing […]

After weeks of wild rallying, the US dollar has lost its bullish momentum in Tehran’s foreign exchange market as the Central Bank of Iran’s rescue package appealed to investors anxious about a slide in the value of rial. According to market reports, the rial continued to gain against the greenback on Monday and was quoted […]

Tehran Stock Exchange’s main index lost 152.17 points or 0.15% to end Monday trade at 98,148.52. About 933.18 million shares valued at $49.28 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday. Sarma Afarin Company incurred the biggest loss among all TSE-listed […]

Market News – Securities and Exchange Organization of Iran granted its principal consent on issuance of IRR 1,050 bn worth of Sukuk Ijara (on Iran Capital Market) for Alborz Railways Equipment Co. in order to buy 15 locomotives. These securities will be offering on Iran Fara Bourse and have a maturity of 5 years with Ijara (Rent) rate of 15%. The guarantor […]

Iran has signed memoranda of understanding and protocols pertaining to monetary agreements with 10 countries, the Central Bank of Iran’s head of Exports Department said. Addressing the First Conference on Financing Exports in Tehran on Sunday, Samad Karimi added that apart from finance and refinance deals, the bank has pursued monetary swap agreements and finalized […]

Tehran Stock Exchange’s main index lost 128.95 points or 0.13% to end Sunday trade at 98,300.7. About 998 million shares valued at $43.66 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday. Saipa Diesel Company was the biggest riser, going up 4.93% […]

Market News – Just the other day, Central Bank of Iran put a directive into effect allowing banks to issue 20% (Per annum) certificate of deposits which eventually affected Iran Debt Market. Aiming to stabilize the FX market, CBI directive caused a plunge in debt securities’, specifically Islamic Treasury Bills, prices, ended for almost all of the YTMs to hike over […]

Governor of the Central Bank of Iran Valiollah Seif defended this week’s crackdown on the foreign exchange market to counter market disruptors, saying the move was in line with “global norms”. “Countering economic disruptors is an accepted norm in the world. Therefore, CBI is collaborating with Law-Enforcement Forces that clamped down on foreign exchange disruptors,” […]