Foreign Debt Down 25%
EghtesadOnline: The Central Bank of Iran said Sunday foreign debt was near $6.40 billion by the end of the eleventh calendar month to February 22 -- $2.7 billion or 25% lower on fiscal March 2021-22.
Auto Spare Parts Market Unstable
EghtesadOnline: A large number of spare parts manufacturers stopped their production lines due to the lack of raw materials in the month ending March 20, which will have its ramifications on the market in the next two to three months.
12 Million Commercial Bank Accounts Identified so Far
EghtesadOnline: The Central Bank of Iran's plan of action separating commercial bank accounts from personal accounts are moving ahead in cooperation with the tax authority, Hassan Mirzapour, the head of CBI's software department, said.
Key Elements of using marble in interior design
Marble stone is a fashionable and adjustable material that can be used in a variety of ways in contemporary home design. Fireplaces, sanitary ware, backsplash, countertop, floor and wall patterns made of marble are examples of marble's application in contemporary interior design.
US Supreme Court Rejects Turkish Halkbank’s Arguments in Iran Case
EghtesadOnline: The US Supreme Court has rejected a Turkish bank’s main arguments for avoiding prosecution on charges it helped Iran evade US sanctions, but the court sent the case back for additional review, newswires said.
TSE Edges Higher
EghtesadOnline: Tehran Stock Exchange's main index, TEDPIX, gained 2,361.33 points or 0.10% on Monday to end at 2,326,494.30. The TSE equal-weighted index climbed 1.02%.
Limits Set on Non-Banking Fixed Assets of Lenders
EghtesadOnline: The regulator has set a ceiling of 30% on fixed non-bank assets that banks and credit institutions are allowed to hold.
Shares Remain on Growth Trajectory
EghtesadOnline: Tehran Stock Exchange's main index, TEDPIX, gained 42,218.88 points or 1.81% on Tuesday to end at 2,368,712.32.The TSE equal-weighted index was up 1.68%.
Ceiling Raised on Microloans, Again
EghtesadOnline: The Credit Commission of the Central Bank of Iran has agreed to raise the cap on Qarzol-Hassanah (interest-free microcredit) loans by 50%.
CBI Changes Rules for Forex Accounts
EghtesadOnline: Buyers of the so-called “cheaper” currency must have a forex bank account with domestic financial institutions for moneychangers to transfer the sum only to those accounts.