EghtesadOnline: Currency rates eked out gains on Monday after several dull sessions with the dollar advancing above 250,000 rials. The spike extended to gold prices though the metal has been under pressure due to decline in international markets.
EghtesadOnline: The symbol tickers of commodity stocks started trading day on Monday mainly in green as investors reacted to the steep rise in crude oil prices in international markets.
EghtesadOnline: Tehran stocks started trading week in positive territory as commodity stocks gained traction amid upbeat trends in international markets and positive signals from domestic political developments.
EghtesadOnline: Despite an uptick in gold prices in international markets on Monday, the yellow metal stayed almost unchanged in Tehran due largely to falling currency rates.
EghteadOnline: The Central Bank of Iran has welcomed the country’s risk rating improvement from 6 to 5 by the Organization for Economic Cooperation and Development, regarding it as another promising signal of the country’s enhancing financial and credit status in international markets.
EghtesadOnline: In Friday trading in international markets, oil rose above $51 per barrel for the first time in multiple months.