Market News – The CEO’s advisor of Iran Privatization Organization announced that 630 state-owned businesses will be considered to the private sector until this current year-end (March 2018). The total amount of divested businesses by the organization in the first 5 months of 1397 reached IRR 25,000 bn (USD 566 mn) which topped the record of its past […]

Market News – After the announcement of a free market FX rate by both President Rouhani himself and the new chair of CBI, today the USD/IRR was priced around 80,000 level on Iran FX secondary market. Chemical producers like Jam petrochemical Co. was among the currency suppliers with a volume of 16.5 mn AED at AED/IRR 22,000. FX […]

Market News – The new chair of CBI revealed a super interesting FX plan for Iran Economy just the other night. Attempting to give the chaotic FX and gold markets a relief, it seems that this time the administration and other heads of powers are thinking clearly and the news package will work. Details of this new plan are: Only the […]

Market News – In wake of speculations on a different FX regime that suits the current situation of Iran economy (post-sanctions), Tehran Stock Exchange made history today and registered an all-time high. The trading value and volume reached record highs as the overall index stood at +128K level. According to the news, the chair of CBI, Naser […]

Market News – The head of Majlis economic committee has announced 12 conditions to be considered by President Rouhani administration in order for the parliament to back a new FX regime for Iran Economy: The separation of primary (essential goods and pharma) and secondary (all other currency needs) FX markets; Determination of petrochemical, metal and refineries products FX […]

Market News – Agah Group analysis shows that during the first 9 trading days of Mordad month (Jul-Aug 2018) the total trading volume of Iran Capital Market (all markets together) reached an astonishing figure of USD 1,136 mn (IRR 50,074,546,066,200) which herald a new wave of optimism and prosperity for the market. The below chart is showing the detail of […]

Market News – In a Resilient Economy committee meeting held the other day, the first VP of president Rouhani has announced that a brand new FX policy is on its way for Iran Economy. Stressing that the current economic situation is not permanent, he stated that the essential goods shall be provided at a subsidized USD/IRR rate of 42,000 while other sectors may […]

The unleased hike of USD/IRR and Bahar Azadi gold coins in Iran Economy to their all-time record high has raised unanswered questions in minds of ordinary people let along the economic experts. Despite all the attempts to blame non-economic factors and conspiracy theories for the national currency collapse these days, a closer look at “complex systems” theory will bring the reality […]

Market News – Central Bank of Iran announced that due to a directive ratified by the head of powers, Iranian Banks shall sell all their equity stakes in businesses other than banking on Tehran Stock Exchange. According to this bylaw, banks shall give up their own or even their subsidiaries +50% stake to non-banking entities in a matter of 3 years and through Iranian […]

Market News – Unofficial news has that import order placements are no longer available on NIMA platform by importers in order to have their required FX dedicated to. After some recent misusage of USD/IRR at the subsidized rate of 42,000, it seems all the previous unattended orders are now open for scrutiny and new ones are banned for […]