EghtesadOnline: Traditionally influenced by domestic currency rates, Iran’s gold market has moved away and taken a different route since the past week amid soaring prices in global markets.
EghtesadOnline: All market regulatory functions have been restored to the Ministry of Industries, Mining and Trade as per the decision taken by the Supreme Council of Economic Coordination last week, which gave rise to the opposition of parliamentarians.
EghtesadOnline: A total of $215 million worth of home appliances were imported into Iran during the last fiscal year (March 2018-19), down from $1.28 billion in the previous year, indicating an 83.43% plunge year-on-year, data provided by the Islamic Republic of Iran Customs Administration show.
EghtesadOnline: After leaving behind a relatively tepid week, stocks in Tehran’s market began trading week in negative territory, amid selloff pressures over a wide range of equities.
EghtesadOnline: Tehran Stock Exchange heaved a sigh of relief on Wednesday when the market recovered from Tuesday’s losses that sent the TSE benchmark 2.7% lower.
EghtesadOnline: The United States' unilateral and illegal sanctions have no significant impact on Iran’s market, governor of the Central Bank of Iran said Tuesday.
EghtesadOnline: Currency rates and gold prices continued their steady rise in Tehran amid a bull run in the stock market. On Monday the US dollar climbed above the resistance level of 140,000 rials for the first time in the current calendar year that began on March 21.
EghtesadOnline: Foreign exchange rates and gold dropped in Iran as markets reopened on Saturday in an expected response to a move by European powers on Thursday to launch a special payment channel for Iran.
EghtesadOnline: OPEC concluded its 175th meeting with an accord to remove 1.2 million barrels a day of crude from the market, with non-OPEC allies including Russia taking a 400,000 barrel-a-day share.
EghtesadOnline: Currency and gold markets in Iran registered one of their biggest weekly declines in recent months despite the re-sanctioning of wide sectors of the economy by the Trump White House.