Official says out of the 43,000 small and medium sized enterprises in industrial towns, 20% are facing recession, which means their production has come almost to a halt https://t.co/rInQVjoH05
Mohsen Salehinia, head of #Iran SMEs Organization says 22% of Iranian #SMEs (about 10,000 units) are now in recession. About 13,000 units are also working at 50% below their capacity. #sanctions
Head of #Iran Mercantile Exchange Hamed Soltaninejad tells me the bourse has conducted ample study on #blockchain technology and is ready to host #cryptocurrency trade.
https://t.co/ZlmMFWGYuI
Since last March 66 tons of #Saffron has been traded in the physical ring of #Iran Mercantile Exchange and the bourse plans to launch an international ring on #Kish island for foreign exchange trade of saffron
https://t.co/xQT8oSPUGI
According to seed Fallahpour, deputy for Supervision of Financial Institutions at Securities and Exchange Organization, the value of Iran's four bourses has reached 9,000 trillion rials ($66b). #Iran#StockMarket#bourse
Central Bank of #Iran chief Abdolnaser Hemmati tells state TV that CBI’s net #forex reserves has increased 1.7% since September, adding that the country has found ways to bypass US #sanctions which will take America 3-4 yrs to spot.
The Central Bank of #Iran said Saturday that plans for merging five banks and credit institutions affiliated to armed forces with the state-owned Bank Sepah is in motion
https://t.co/wqPsAaqY8i
Lawmakers finally reached a vote on how to to spend the proposed $14b for basic goods and medicine in next year budget : they obliged the gov't to distribute the basics via ''electronic coupon." #Iran https://t.co/IByLR4ujwD
Secretary of the Expediency Council @ir_rezaee says the council has decided to debate both the #Palermo and #CFT bills next calendar year (begins March 21) adding that any behaviour by #Europe can sway members' vote. #FATF https://t.co/78z7DzVhUB
After much speculation. the Central Bank of #Iran officially confirmed that 4 military #Banks (mostly loss-making) will soon be merged with state-owned Bank Sepah.
https://t.co/R56YfBskSd
Trade between #Iran and #China in Jan.219 has fallen 54.8% YOY and as business leaders say China's compliance with US sanctions and #forex restrictions in Iran are main culprits.
https://t.co/EHndPb2gaJ
With the Expediency Council set to deliberate on #Palermo bill Saturday again Central Bank of #Iran governor Abdolnaser Hemmati reminds them #FATF recommendations are global banking standards and "maintaining limited relations" with foreign banks is a necessity.
Lawmakers on Wednesday approved one more amendment to the next year’s (March 2019-20) budget bill that requires monitoring high-value banking transactions https://t.co/IX582QlHxE
Tehran Stocks welcomed President @HassanRouhani's decision to reject FM @JZarif's resignation
TEDPIX gained 0.35% to close Wednesday trade at 165,294.7
In order to combat #MoneyLaundering and #tax evasion, #Iran-nian MPs passed a measure, requiring the central bank to set a threshold for banks to report cash transactions and request documents if needed.
https://t.co/dAxiUY2aDV
@DanielKRad @yarbatman An official with Electronic Card Payment Network System (Shaparak) says even if the devices use VPN to alter IP address to #Iran, they have the ability to track and block them.
As part of efforts by Central Bank of #Iran governor Abdolnaser Hemmati to crack down on capital flight, the ban on operation of Iranian POS devices abroad has been enforced. #currencytrading https://t.co/JVFsD5bEwX