Market News – After the rapid jump of Iran Inflation Rate due to a massive devaluation of the national currency, the new CBI’s data show that the pace of prices rising up is now slowed down. The point to point inflation rate reached 34.9% during the last month, however, the monthly growth rate reduced from scaring figure […]

Market News – After the quite disappointing performance of CBI maintaining the nation’s currency devaluation, now the administration is to make amends for the missed opportunities by establishing an organized Iranian Currency Exchange meeting the hard currency and remittance orders needs of the retail side. It seems that the NIMA platform will remain intact for the whole FX trades as […]

Market News – Deputy trade and international affairs of NIOC announced some details about the Iran related SPV promised by the EU. According to Amir Hossein ZamaniNia, this specialized purpose vehicle is to connect some small-sized European banks, whom have negligible trades with the US, with Iranian correspondents. Moreover, the High Representative of the European Union for Foreign Affairs and Security […]

In the Market – After the devastating devaluation of Iranian Rial against foreign currencies, the nation’s money started a recovering trend with chaotic ups and downs. The unbelievable rates of more than 19,000 for USD/IRR plummeted to reasonable levels (circa 12,000) and went down even further during the past week (entering 11,000 band). The main reason behind this rapid recovery […]

Market News – In an analysis carried out by Bamdad economical studies, it is shown that despite the popular belief, money supply growth trend in Iran Economy has always been on the same track regardless of each administration’s political party. The below chart demonstrates that an inflated money supply trend with the aim of higher economic […]

Market News – The newest IMF predictions on Iran Economy suggest an economic growth of -1.5% and -3.6% for the current year and next respectively. This is while the figures for inflation have predicted to be around 29.6% and 34.1% for the same period. IMF tells that the US sanctions will grow the global crude […]

Market News – “Prospectus of Iranian Private Equity funds has been ratified by the SEO along with an operational directive on its mechanics”, said deputy supervision of Iran securities and exchange organisation. According to Saeed Fallah Pour, these funds have the main objectives of entering the shareholding structure of private firms, amending its financial structure and […]

Market News – After the confusion made by the US Department of Treasury on the latest status of Iranian Banks with regards to the SDN list and the secondary sanctions (being still connected to SWIFT), an analysis has been performed by Donya-e-Bank news agency showing the map of Iranian Banks in a picture. According to the below table, almost all banks in […]

Market News – After imposing secondary sanctions on almost all Iranian Banks, US treasury department excludes a couple of banks and credit institutes from the SDN action list. According to the news, Middle East Bank, Hekmat Iranian Bank, Mehr-e-Iran Bank and Tose’e credit institution are now just in the SDN watch list and can be connected to SWIFT like before.  – After the exemption of […]

Market News – Today and after the full snapback of US sanctions on Iran along with adding almost everything to OFAC’s SDN list, 10% of the newly sanctioned Qaed Bassir Petrochemical Co. (listed under BSRZ ticker) offered publically on Iran Fara Bourse via book building method with a price ranging from IRR 8,000-8,500 per share. The company produces ABS with […]