EghtesadOnline: The gravest problem facing privatization in Iran is the volatile foreign currency market, the head of Iranian Privatization Organization said.
EghtesadOnline: As the intense rally persists in the foreign currency market, the Central Bank of Iran issued a statement on Tuesday to assure the public that the bank's main concern continues to be provision of essential goods for the people.
EghtesadOnline: Bank Maskan, the agent bank of Iran's housing sector, has made several policy changes to address the ongoing turmoil in the domestic foreign currency market, which has led to a rise in home prices and pressured people in a market beset by speculative activities.
EghtesadOnline: Iran’s payment industry is beset by unhealthy competition between payment service providers and the fallout of a volatile foreign currency market, the managing director of Fanava Card Company said.
EghtesadOnline: The economic research arm of the Ministry of Economic Affairs and Finance has published a detailed analysis of taxation in housing sector, calling for levying capital gain tax to control the housing market that is now experiencing an upturn in tandem with the foreign currency market.
EghtesadOnline: Investors can finally imagine the government loosening its grip on the foreign currency market without being called dreamers. And with the prospect of change on the horizon, stocks have jumped.
EghtesadOnline: Increased lead exports in the first month of the current fiscal year (started March 21) over fluctuations in foreign currency market were a boon to producers but caused a shortage for local downstream industries such as battery producers, the head of Iran Society of Battery and Storage said.