EghtesadOnline: The total projected income of eight Iranian state-owned banks, plus the Central Bank of Iran, has been put at 845.2 trillion rials ($20.09 billion) in the budget bill submitted to the parliament by President Hassan Rouhani, indicating an annual rise of more than 86 trillion rials ($2.04 billion) in revenue for the fiscal 2018-19.
EghtesadOnline: In order to contain the recent rise in gold coin prices and their unprecedented rally, the Central Bank of Iran held auctions on Nov. 25 to dampen the gold fervor but the move has failed to achieve the desired results so far.
EghtesadOnline: Tehran Stock Exchange’s main index gained 68.10 points or 0.07% to end Saturday trade at 91,160.3.
EghtesadOnline: The research arm of the Iranian Parliament has published a report on the status of the country’s foreign exchange market in the coming months, predicting a mostly stable environment by the end of current fiscal year (March 20, 2018).
EghtesadOnline: Tehran Stock Exchange’s main index TEDPIX shed 60 points or 0.1% during the week that ended on Dec. 5 to end at 91,092.4.
EghtesadOnline: There seems to be no end to the gold coin fever engulfing Iran's market. Despite the Central Bank of Iran's attempts to bring the precious metal– traditionally favored by Iranians as a safe-haven investment– down from its six-year high, the gold coin bubble has so far refused to deflate altogether.
EghtesadOnline: Tehran Stock Exchange's main index gained 599.70 points or 0.66% to end Tuesday trade at 91,255.2.
EghtesadOnline: Bulls are reigning over Tehran Stock Exchange these days, after its benchmark index recorded the highest daily growth in 13 months on Saturday and zoomed past its all-time high reached four years ago.
EghtesadOnline: Tehran Stock Exchange's benchmark index gained 1130.40 points or 1.27% to end Saturday trade at an all-time high of 90,469.5. The previous high of 89,500 was reached by TEDPIX back on January 5, 2014.
EghtesadOnline: Tehran Stock Exchange’s main index TEDPIX gained 1,333 points or 1.5% during the trading week that ended on Nov. 22 to close at 89,339.1.