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 […]

Market News – In an attempt to bypass the effect of US sanctions, the central bank of Iran is to launch its very first Iranian national cryptocurrency by the end of September 2018. This the first official response that CBI made with regards to the issue which will make the bed further development of Iranian […]

Market News – In order to tame the unleashed growth of real estate market which led to unreasonable prices in Iran housing sector, the cabinet members are to ratify a directive, using tax leverages, to maintain the situation and force landlords to empower the supply side. The urban and housing ministry seeks the following goals […]

Market News – According to Iran’s Statistics centre data, the monthly point to point inflation rate of the Iranian economy (Jun-Jul 2018) reached 13.8% and broke its single digit pattern of recent years. The inflation rate of Tir month (Jun-Jul 2018) also hiked to 4.4% which showed a meteoric rise contrary to other months. The average quarterly inflation […]

Market News – Privatization Organization of Iran announced that in a bill offered to the parliament it is suggested that Justice shares should be freed and tradable on Iran Capital Market in from on an ETF. This idea would eventually lead to the elimination of provincial investment companies.  – A member of Majlis economy commission told that in line with supporting Iranian […]