EghtesadOnline: Following last week’s appointment of Seyyed Ahmad Araqchi as the head of Foreign Exchange Department at the Central Bank of Iran, the new deputy is expected to oversee the long overdue task of unifying the dual foreign exchange rates–a promise central to the mission of Valiollah Seif, the CBI governor.
EghtesadOnline: The value of exchange-traded funds in Iran’s capital market stood at 13 trillion rials ($342 million) as of the end of the fourth month of the current fiscal year (June 22-July 22), according to the Central Securities Depository of Iran.
EghtesadOnline: Tehran Stock Exchange’s main index lost 101.60 points or 0.12% to end Sunday trade at 81,661.5.
EghtesadOnline: The Central Bank of Iran has for the first time sought the help of Iran Fintech Association (FintechA) to make its final decision about the long overdue task of regulating fintech companies and startups.
EghtesadOnline: Tehran Stock Exchange’s main index TEDPIX gained 313 points or 0.4% during the week that ended on August 2 to end at a 42-month high of 81,579.
EghtesadOnline: A key change in President Hassan Rouhani's Cabinet for his second tenure will potentially impact both state-owned and private lenders, and subsequently influence the outcome of his central promise of reforming the beleaguered banking system.
EghtesadOnline: The annual general meeting of the Central Insurance of Iran company was held on Friday in Tehran and the head of the regulatory body presented a report on the performance of insurance sector, indicating that premiums and penetration rate have both risen during the last Iranian year (March 20, 2017.
EghtesadOnline: Tehran Stock Exchange’s main index shed 117.70 points or 0.14% to end Tuesday trade at 81,415.8.
EghtesadOnline: The rial was quoted at 45,490 to a euro on Monday in Tehran's market, marking a 1% gain against the European currency in the past three days.
EghtesadOnline: Tehran Stock Exchange’s main index gained 70.50 points or 0.09% to end Sunday trade at 81,491.4.