Search results
Results from the WOW.Com Content Network
In 2002 the "official rate" a/k/a "preferred rate" (Rls 1,752:US$1) was abolished, and the TSE rate became the basis for the new unified foreign-exchange regime. [48] Iran's Central Bank channels more than 90 per cent of hard currency into the local market (2012).
This news agency covers news and special reports on Iran Macroeconomics, Industry, mining and commerce, Energy markets including oil and gas, Agriculture, Civil, Banking and Insurance. In addition to its coverage of economic news, Eghtesad Online also delivers the exchange rates for currency, gold and gold coins, and the latest market prices. [5]
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
Government loans and credits are available to industrial and agricultural projects, primarily through banks. Iran's unit of currency is the rial which had an average official exchange rate of 9,326 rials to the U.S. dollar in 2007. [37] Rials are exchanged on the unofficial market at a higher rate. In 1979, the government nationalized private ...
Israel-Iran conflict will add to Fed’s caution on rate cuts as oil prices may disrupt inflation fight—but China and OPEC+ could ease pressure, Capital Economics says Jason Ma April 14, 2024 at ...
As of 2010, the price-to-earnings rate in Iran's market stands at around six while it is 15 in regional markets. [citation needed] With the removal of obstacles to foreign investment Iran could potentially have a 2,000–3,000 billion US dollar stock exchange market.
The rial plunged to 820,500 to the dollar on the unofficial market, compared to 808,500 rials on Friday, according to Bonbast.com, which reports exchange rates.
The establishment of Iran Fara Bourse Company is one of the main steps for developing the capital market in Iran and diversifying financial instruments traded in the securities market. In 2013 Farabourse started offering exchange-traded funds [ citation needed ] and real estate ETFs in September 2014. [ 4 ]