The US dollar made new gains against the rial on Wednesday, but stopped short of crossing another psychological barrier. The rial was quoted at 44,400 to the dollar in Tehran’s open market, which is slightly higher than the previous day, Tehran Gold and Jewelry Union’s website reported. The Iranian currency has hit consecutive record lows […]

Special Report on the Economic Implementation of the JCPOA Following President Trump’s decision to reissue key sanctions waivers and keep the United States in the Iran Deal for the time being, Bourse & Bazaar has launched a special report on the two year anniversary of the implementation of the JCPOA. This report is titled “Great Expectations, […]

Market News – In today’s session, 20% of Zagros-e Shahr-e Kord Milk and Meat Company, equal to 16,000,000 shares, went public in the second market of Iran Fara Bourse, listed on the Agriculture space, through the book building with its price ranges from IRR 3400-3500; each individual and institutional code was allowed to put orders up to 130 shares. According to the […]

Ahead of the Jan. 31 deadline set by the Financial Action Task Force for Iran to fully adhere to its anti-money laundering and combating of financing terrorism commitments, parliamentarians and Foreign Ministry officials convened to discuss related bills. Deputy Foreign Minister Seyyed Abbas Araqchi and Majlis Research Center Director Kazem Jalali on Sunday reviewed and […]

Market News – World Bank forecasted Iran Economy to go through a 4% and 4.3% growth in 2018 and 2019, respectively; rather similar rate has also been proposed for 2020. Despite predicting higher investment growth, the estimated lower oil revenues intensified with more restrictions on having access to finance are said as the major barriers ahead Iran economy taking off. In […]

Market News – Today a new piece of Iranian Islamic treasuries worth IRR 19,000 bn (cUSD 434 mn) offered to public on Iran Fara Bourse. Aiming to settle another part of administration’s debts, the new securities priced at IRR 769,367 a piece which made the YTM to be 15.36% and the BEY to be 14.37%. This is the first set […]

The Monetary and Banking Research Institute, affiliated with the Central Bank of Iran, has in the works a new plan to exert constant supervision over the performance of banks in terms of information technology and communications, the head of research group at the institute said. “All the banks’ info in this regard will be stored […]

Market News * Tejarat Kousha Sepahan, a private joint stock company active in railway transportation, succeeded to surpass the initial stages of issuing corporate Sukuk Istisna on Iran Fara Bourse to cover its IRR 768 mn (cUSD 17.64 mn) need of capitalization providing the company with 300 new Freighter wagons. These new securities have a maturity of 4 years with a […]

TSE’s main index TEDPIX jumped 2,391 points or 2.5% during the week that ended on Dec. 27 to close at 97,899.2. The benchmark index of the smaller over-the-counter exchange Iran Fara Bourse gained 0.8 points or 0.1% during the week to stand at 1,082.6. TSE bulls faced benchmark correction on Tuesday after hitting an all-time […]

Central Insurance of Iran, the industry’s sole regulator, is not pursuing the reduction of the state-owned Iran Insurance Company’s market share, as it holds high untapped potential, the CII chief said. “In adding to the share of private insurance companies, CII has no plans to reduce the market share of Iran Insurance Company, but we […]