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Rise of Sight Deposits

EghtesadOnline: The Central Bank of Iran said increase in sight deposits far outpaced term deposits in the first quarter of the current fiscal year (March 20-June 20), reflecting depositors’ reluctance to keep money in banks for extended periods.
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Publish Date:02/August/2020 | 14:04

Iran 's Trade With Turkey Normalizing

EghtesadOnline: Iran ’s trade with Turkey totaled $1.07 billion during January-June to register a decrease of 72.54% compared with the first half of 2019, data released by Turkish Statistical Institute show.
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Publish Date:02/August/2020 | 13:50

Central Bank of Iran Reviews Q1 Foreign Trade

EghtesadOnline: During the first quarter of the current year (March 20—June 20), Iran ’s foreign trade was at its lowest level in the month ending April 19 and at its peak in the month ending May 20, Otaghiranonline.ir reported citing data by the Central Bank of Iran .
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Publish Date:02/August/2020 | 13:39

Iran to Enforce Strict Covid-19 Guidelines

EghtesadOnline: Iran is to implement stringent coronavirus-related health protocols in the midst of a second wave that has infected over 70,000 in the past month.
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Publish Date:02/August/2020 | 13:31

EGFI to Open 21 Offices to Boost Exports

EghtesadOnline: The Export Guarantee Fund of Iran is planning to open 21 offices in the provinces to help address exporters’ increasing demand for guarantees.
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Publish Date:01/August/2020 | 13:18

Central Bank of Iran Reviews Tehran's Housing Market

EghtesadOnline: A total of 14,047 homes were sold in the capital during the fourth month of the current fiscal year (June 21-July 21), registering a 30.3% rise compared with the preceding month.
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Publish Date:01/August/2020 | 13:07

Impact of Fiat Money

EghtesadOnline: Expansion of monetary growth has again been blamed on the Central Bank of Iran ’s obligation to purchase forex from the National Development Fund of Iran and settle the payment in rials, an “ill-advised method” the CBI governor says is tantamount to over borrowing from the bank at a time when NDFI currency resources at best are inaccessible.
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Publish Date:01/August/2020 | 24:00

Iran Virus Infections Cross 300,000 Mark

EghtesadOnline: Iran ’s Covid-19 tally rose past the 300,000 threshold on Friday, as its national taskforce began to broaden the scope of lockdown measures in its worst-hit regions.
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Publish Date:01/August/2020 | 08:52

Iran Auto Output Rises 4.3%

EghtesadOnline: Iran ’s automotive output increased by 4.3% during the first four months of the current Iran ian year (March 20-July 20) compared with the year-ago period.
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Publish Date:30/July/2020 | 11:26

Critical Virus Patients Cross 4,000 in Iran

EghtesadOnline: Critically ill coronavirus patients in Iran topped 4,000 on Wednesday, as a second wave of infections continued its relentless spread across the country.
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Publish Date:30/July/2020 | 11:24

Iran : Bonds Worth $191m Sold

EghtesadOnline: The government sold 44 trillion rials ($191 million) in bonds at the weekly auction on Tuesday. So far it has generated 464 trillion rials ($2 billion) in nine auctions that have been set up to help plug budget deficits.
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Publish Date:30/July/2020 | 11:18

Iran ’s External Debt Is $8.6b, Assets $54b

EghtesadOnline: Iran ’s foreign debt dropped from $9.031 billion at the end of the last fiscal year (March 19) to $8.65 billion by the end of the first quarter of current fiscal on June 21.
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Publish Date:29/July/2020 | 13:26

Iran -Afghanistan Rail Linkup in Autumn

EghtesadOnline: Khaf-Herat railroad project is scheduled to be launched this autumn (Sept. 22-Dec. 20), says the deputy head of Construction and Development of Transportation Infrastructure Company, affiliated with the Ministry of Roads and Urban Development.
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Publish Date:29/July/2020 | 13:19

Iran ’s Business Index Perks Up in First Fiscal Quarter

EghtesadOnline: Iran ’s business environment improved in the first quarter of the current year (March 20-June 20), despite the outbreak of coronavirus and its impacts, Iran Chamber of Commerce, Industries, Mines and Agriculture reported.
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Publish Date:28/July/2020 | 13:39

Update on Border Crossings With Neighboring States

EghtesadOnline: Spokesman of the Islamic Republic of Iran Customs Administration Rouhollah Latifi has given the latest account of Iran 's commercial exchanges through border crossings with neighboring countries, as the outbreak of the new coronavirus had restricted the flow of goods through land borders.
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Publish Date:28/July/2020 | 24:00

Tough Times Ahead for Iran Auto Parts Makers

EghtesadOnline: Iran ’s auto part production sector is having a hard time procuring the raw material and key parts from foreign sources due to the restrictive US sanctions, an industry insider said.
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Publish Date:28/July/2020 | 11:57

Iran Breaks Its Record of Covid-19 Patients in ICUs

EghtesadOnline: The number of severely ill Covid-19 patients in intensive care units hit an all-time high in Iran on Monday, with 3,819 occupied beds, health officials said.
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Publish Date:28/July/2020 | 11:54