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Currencies Jump in Tehran

EghtesadOnline: Forex rates shot up in Tehran on the first day of the week. The dollar climbed to 243,000 rials on Saturday in the open market, posting 2.3% or 5,600-rial growth compared to Thursday's close.
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Publish Date:31/January/2021 | 19:08

Dollar Surges 3.3% in Tehran

EghtesadOnline: Currency and gold prices posted significant gains on Wednesday in Tehran after two days of decline. The dollar was quoted at 237,000 rials in the free market, 3.29% higher than the previous day's close, Eghtesadnews reported.
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Publish Date:29/January/2021 | 11:26

TEDPIX Down 0.6%

EghtesadOnline: The main gauge of Tehran stock Exchange, TEDPIX, dropped 7,299 points and fell 0.6% on Wednesday to close at 1,207,732.
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Publish Date:29/January/2021 | 11:25

Official Warns About Fire Hazards Facing Tehran Buildings

EghtesadOnline: There are 100 buildings in Tehran with conditions similar to Plasco – a high-rise commercial tower in Tehran that burned down in 2017, half of which were shut down after the incident but the rest are still being used, the head of Construction Engineering Organization said.
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Publish Date:25/January/2021 | 19:36

No Interest in Direct Contact With US Officials for Now

EghtesadOnline: Asenior diplomat said Iran has had no contact with the administration of new US President Joe Biden, stressing that any possible talks could only be held within the “right format” of the 2015 multilateral nuclear agreement signed between Tehran and major powers.
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Publish Date:25/January/2021 | 19:27

Forex, Gold Trim Losses

EghtesadOnline: After a recent pattern of decline, forex and gold prices in Tehran are rising again. The dollar, which plunged to as low as 210,000 rials last Monday, climbed to 232,000 rials on Thursday gaining 4,000 rials or 1.8% compared to the earlier session.
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Publish Date:23/January/2021 | 16:01

Tehran Stocks Buck Declining Trend

EghtesadOnline: Investors heaved a sigh of relief on the last day of trading week Wednesday as share prices in Tehran picked up following steep declines in five consecutive rallies.
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Publish Date:21/January/2021 | 17:19

US Contempt for Peace Denounced

EghtesadOnline: Foreign Minister Mohammad Javad Zarif denounced his outgoing American counterpart’s “warmongering lies” against Tehran as blatant contempt for peace.
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Publish Date:19/January/2021 | 15:14

Cash Crunch Stalls Subway Projects

EghtesadOnline: Tehran ’s subway network requires 20 trillion rials ($88.49 million) to launch 10 stations in three lines, the CEO of Tehran Metro Company said.
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Publish Date:19/January/2021 | 15:03

Cyberattack on Power Infrastructure Denied

EghtesadOnline: The Energy Ministry in Tehran ruled out the possibility of a cyber-strike or sabotage on the state-run Iran Power Generation, Distribution and Transmission Company’s (Tavanir) infrastructure.
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Publish Date:18/January/2021 | 15:47

Tehran Housing Inflation Tops 68%

EghtesadOnline: Tehran ’s housing Consumer Price Index in the 12-month period ending Dec. 20, 2020, which marks the end of the ninth Iranian month, increased by 68.2% compared with the corresponding period of last year, latest data released by the Statistical Center of Iran show.
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Publish Date:18/January/2021 | 15:30

Tehran Share Market Extends Losses

EghtesadOnline: Share prices plunged deeper Tuesday as relentless sell-off swept through most categories with retail traders again rushing for the exits.
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Publish Date:13/January/2021 | 16:02

Forex, Gold Rally Pauses

EghtesadOnline: Reversing the course from previous sessions, gold and foreign exchange prices dropped on Monday in Tehran 's market. The dollar was quoted at 248,000 rials down 1,300 rials or 0.53% compared to the day earlier.
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Publish Date:12/January/2021 | 14:10

TEDPIX Down 1.9 Percent

EghtesadOnline: The main gauge of Tehran Stock Exchange, TEDPIX, lost 1.9% on Saturday as supply continued to outweigh demand. It shed 24,808 points to fall below the critical 1.3 million points, ending trade at 1,285,947.
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Publish Date:10/January/2021 | 15:46

Tehran Wastewater Network to Be Complete in 2022

EghtesadOnline: Tehran wastewater network is 90% compete and will come online in 2022 to enhance water quality and quantity in the capital, executive director of the project said.
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Publish Date:09/January/2021 | 18:02

TCCIM to Organize Two Business Courses

EghtesadOnline: The Education and Human Resources Institute, affiliated with Tehran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to hold two specialized commerce-related courses in January.
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Publish Date:09/January/2021 | 17:53

While Smog Suffocates Tehran Bureaucrats Play Blame Games

EghtesadOnline: With air pollution hovering above emergency levels in Tehran amid news of widespread low-quality mazut use in power stations, bureaucrats are scapegoating the public and waging blame games.
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Publish Date:07/January/2021 | 15:35

Gov’t Vows Completion of Tehran -North Freeway’s 2nd Section by August

EghtesadOnline: Tehran -North Freeway Project’s Section-2 will be completed by the end of President Hassan Rouhani’s second term in office (August 2021) at a cost 37 trillion rials ($143 million), according to the head of Plan and Budget Organization of Iran.
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Publish Date:06/January/2021 | 19:02