EghtesadOnline: The government was allowed to tap into revenues gained from the export of crude oil, gas condensates and natural gas to allocate cheap foreign currency at the rate of 42,000 rials per US dollar to import essential goods as per the budget laws of the fiscal years ending March 2020 and 2021.
EghtesaadOnline: A report by the Tehran Chamber of Commerce, Industries, Mines and Agriculture Economic Review Department shows the expanding role of the capital market in financing businesses.
EghtesadOnline: The Economy Ministry has procured 50 trillion rials ($438 million) for financing oil projects by selling standard parallel salaf contracts via Iran Energy Exchange (IRENEX).
EghtesadOnline: A report by the Economic Research Department of Tehran Chamber of Commerce, Industries, Mines and Agriculture indicates growing contribution of the capital market to financing companies.
EghtesadOnline: Iran, Russia and Kazakhstan are making progress on financing a long-delayed wheat deal that could double or triple export to Iran, the secretary general of Iran’s Federation of Food Industry Associations said.
EghtesadOnline: According to a report released by the Tehran Chamber of Commerce, Industries, Mines, and Agriculture, in the previous fiscal (March 2017-18), contribution of the capital market to the supply of finance reached 1,000 trillion rials ($8.7 billion).
EghtesadOnline: A forum aimed at exploring investment and financing opportunities in Iran's rail sector was held in Tehran on Sunday, which surveyed financial challenges in the area by top rail and capital market officials.