News

  • The value of trade between Iran and China rose 10.1 percent during the first half of 2018 and stood at $17 billion, Gao Feng, the spokesman for China’s Ministry of Commerce, told IRNA on Saturday.
  • The Central Bank of Iran released a statement assuring the public and businesses that the recent price surge in the open market is bound to abate, as CBI seeks to deepen the market with more supply.
  • German Economy Minister Peter Altmaier sharply criticized US President Donald Trump’s sanctions policies, saying Europe would not bow to US pressure regarding Iran.
  • Iran's annual budget plan for the next Iranian calendar year of 1398, which starts on March 21, 2019, is to be prepared considering all the domestic and international economic conditions of the country in a bid to tackle the new round of U.S.-led sanctions and to meet the Iranian nation’s expectations.
  • 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.
  • Iran’s Guardian Council approved a bill amending a law on combating the financing of terrorism (CFT) as part of standards set by the Financial Action Task Force (FATF).
  • NIOC has set a discount for its customers by 90 cents in Septembers.
  • The Central Bank of Iran has urged people to meet their hard currency requirements through the established foreign exchange market, which consists of banks and certified exchange bureaux, announcing that it is preparing a framework to respond to all currency needs.
  • The International Energy Agency (IEA) has warned of the significant impact of a US plan to impose targeted crude sanctions against Iran, saying it could exhaust the world's spare oil capacity cushion.
  • TEDPIX Snaps Winning Streak
    Thursday 9 August 2018
    Tehran Stock Exchange’s main index lost 2,062.78 points or 1.54% on Wednesday to end trading at 131,521.6.