EghtesadOnline: The US dollar made a strong comeback on Wednesday in Tehran’s open market after a steep decline a session earlier. Gold prices also followed suit.
EghtesadOnline: Oil byproducts worth $100 million were traded in the international ring of the Iran Energy Exchange in the month to October 18.
EghtesadOnline: The main index of Tehran Stock Exchange, TEDPIX, closed the trading week Wednesday in negative territory shedding another 7,000 points.
EghtesadOnline: Foreign exchange rates and gold prices declined again on Tuesday following renewed intervention by the Central Bank of Iran.
EghtesadOnline: Sell-off continued battering Iran’s share market on Tuesday with the benchmark of the Tehran Stock Exchange, TEDPIX, having lost more than 10% in the past three sessions.
EghtesadOnline: The insurance industry's total premium is expected to fall short of expectations in the current Iranian fiscal year, largely due to the ruinous Covid-19, rising inflation and forex rates at historic highs, the president of the Central Insurance company of Iran (CII) said.
EghtesadOnline: Gold and dollar prices declined on Sunday after posting new highs a day earlier. The half Azadi coin lost 5.82% or 5 million rials to be sold for 86 million rials. The quarter Azadi coin also lost 3.38% and was quoted at 59 million rials, Eghtesadnews reported.
EghtesadOnline: The US dollar jumped to an all-time high of 320,000 rials on Thursday, despite the central bank’s move to inject currency in the forever rising market.
EghtesadOnline: Stocks in major listed companies closed Sunday’s session under heavy sell-off pressure amid mounting uncertainty among investors about what lies ahead.
EghtesadOnline: The Ministry of Economy says that the capital market has expanded its role in contributing to the economy thanks to the share market and rise in the number of investors.