EghtesadOnline: Low power tariffs and the volatile currency market have put private electricity producers under mounting financial pressure, head of the board of directors of the Power Generation Companies Syndicate 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: Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.
EghtesadOnline: Having accomplished one goal of bringing a semblance of stability to currency market, the Central Bank of Iran will now concentrate on controlling inflation, the governor said.
EghtesadOnline: Currency rates again pushed upwards on Tuesday, amid heightened political tensions in the region, but the Central Bank of Iran was quick to announce that there is no need for anxiety.
EghtesadOnline: Intervention of central banks in currency markets does not happen only in Iran, says a former head of Tehran Stock Exchange.
EghtesadOnline: Unprecedented volatility in the currency market over the last 15 months is adding financial pressure on private electricity producers and most are on the verge of bankruptcy, head of the board of directors of the Power Generation Companies Syndicate said Tuesday.
EghtesadOnline: Tehran Stock Exchange marked its sixteenth rally in a row Monday after its benchmark climbed 1% as investors keep both eyes on positive signals from currency market.
EghtesadOnline: Responding to the new chaos in the currency market, the Governor of Central Bank of Iran Abdolnasser Hemmati blamed it on developments unfolding in the political, social and economic arena.
EghtesadOnline: Keeping pace with trends in the domestic currency market, Tehran stocks rallied Saturday to new peaks.