EghtesadOnlinne: The Purchasing Managers' Index in the second month of the current fiscal year (April 20-May 20) settled at 60.55 from 18.75 in the preceding month (March 20-April 19), showing signs of recovery after plunging for two months in the aftermath of the coronavirus pandemic.

EghtesadOnline: Mobarakeh Steel Company sold 391.44 trillion rials ($2.23 billion) worth of steel in the last fiscal year that ended on March 19, 2020, marking the highest among all Iranian steelmakers, according to Iran Steel Producers Association.

EghtesadOnline: Banks lent 9,750 trillion rials ($62.9 billion) to businesses in the last fiscal year (March 2019-20), which was up by 2,012 trillion rials or 26% compared to the year before.

EghtesadOnline: The number of bounced checks jumped in the month to March 19, marking the end of last fiscal year when the coronavirus spread in Iran hammering businesses in a way unseen in decades.

EghtesadOnline: Guilds across the country registered an 83% decline in sales during the fourth quarter of the last fiscal year (Dec. 21, 2019-March 19, 2020) compared with Q4 of the year before.

EghtesadOnline: The Central Insurance company of Iran has released data about the solvency of insurance firms based on their performance in the previous fiscal year (ended March 2019).

EghtesadOnline: The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of the Iranian fiscal year approaches in March.