EghtesadOnline: The rial extended a losing streak against major currencies for the third day on Wednesday, pushing the Central Bank of Iran to intervene in the market to restore some semblance of calm.
EghtesadOnline: Iran’s stock market launched the short-selling of shares as a new a financial instrument on Sunday. The mechanism is touted to function as a tool for hedging market risks and helping investors gain when the market is down.
EghtesadOnline: Major currencies soared in Tehran on Tuesday amid new concerns among market participants about a decision by the Financial Action Task Force on Iran by the weekend.
EghtesadOnline: A CBI report shows that more than half of the loans given by Iranian banks and credit institutions were in the form of civil partnership and installment sale contracts.
EghtesadOnline: The main index of Tehran Stock Exchange, TEDPIX, gained 4,062.86 points, or 0.86%, on Monday to end trading at 476,812.8.
EghtesadOnline: Due to the big increase in liquefied fuel consumption over the last few weeks, the National Iranian Oil Company has stopped selling diesel and mazut on the Iran Energy Exchange, the company’s representative in charge of offering petroleum products in IRENEX said.
EghtesadOnline: Price of the US dollar reached 141,300 rials in Tehran’s open market on Sunday, the highest in the past nine months.
EghtesadOnline: Iran’s capital market is capable of financing half of the domestic oil projects, the CEO of Securities and Exchange Organizations said.
EghtesadOnline: Money put into the currency market yielded lower returns during the first nine months (March 20-Jan 20) of the current fiscal year compared to returns on investment in parallel markets.
EghtesadOnline: Iran Fara Bourse, the over-the-counter stock market, will host the initial public offering of an investment company on Monday.