A mixed bag of goods changed hands on Iran Mercantile Exchange

Tehran (ISNA) - Within the week ending on the 8th of January, the IME witnessed trading of 440,986 tonnes of various commodities worth more than 203 million USD.

Sizable growth in both value, volume of trades on IME

Tehran (ISNA) - Within the week ending on 30th of December, the exchange witnessed trades of 996,450 tonnes of commodities valued at more than 443 million USD, showing 55 and 39 percent of increase respectively in volume and value of trades.

Iraq to open euro account to secure its energy debts to Iran: Ardakanian

Tehran (ISNA) – Iran’s Energy Minister, Reza Ardakanian announced on Wednesday that a euro account is to be opened in Baghdad in the coming days to pave the way for settling all Iraq’s gas and electricity debts to Iran.

Iran’s Energy Minister meets with 3 senior Iraqi officials

Tehran (ISNA) – Iranian Energy Minister, Reza Ardakanian held talks with three senior Iraqi officials in Baghdad on Tuesday.

World’s highest inflations according to Steve Hanke

Tehran (ISNA) – Unlike advanced economies, the Corona Pandemic has worsened the inflation in many developing countries. For further discussing effects of Corona on economies, we’d asked Professor Hanke for commentary.

Iran exports €493 million worth of goods to 5 European countries in 10 months

Tehran (ISNA) - Iran has exported €493 million worth of goods to five European countries in 10 months prior to November 2020, which shows a 7-percent increase compared to the previous year.

IME hosts trades of 703 tonnes of commodities

Tehran (ISNA) - Within the trading week ending on the 1st of December 2020 the IME witnessed trades of 703,534 tonnes of various types of commodities worth nearly 349 million USD.

508,000 tonnes of commodities sold on Iran Mercantile Exchange

Tehran (ISNA) - Within the week ending November the second, 2020, the Iran Mercantile Exchange played host to trading 508,000 tonnes of various types of commodities worth more than 242 million USD.

IME trades nearly 775 million dollar of commodities in last month

Tehran (ISNA) – From October 22 to November 20 the Iran Mercantile Exchange sold 1,918,000 tonnes of various commodities worth nearly 775 million dollars on its spot market.

IME trades 504,000 tonnes of commodities

Tehran (ISNA) - Within the week starting on 21st of November and ending on 25th of November, the IME played host to trade of 504,759 tonnes of commodities worth more than 47,000 billion rials.

Dollar may remain weak in Biden’s first year: Ed Moya

Tehran (ISNA) – Recently, the dollar was near its lowest level in two years. On the other hand, SWIFT declared that euro's share of payment has exceeded US dollar for the first time in 7 years, and RMB's international payment has dropped to the sixth place in the world.

It’s likely dollar drift a bit lower against euro: Steve Hanke

Tehran (ISNA) – For the first time in the last 8 years, Euro became the most used currency for global transactions according to the SWIFT; We’d asked professor Hanke for a commentary.

Over the second week of November;

Trading 387 thousand tonnes of commodities on IME

Tehran (ISNA) - During weekdays ending up to November 12, 2020, over 387,584 MT of commodities worth over 136 million USD were traded on the Iran Mercantile Exchange.

Over the 1st week of November

Trading 514 thousand tonnes of various commodities on IME

Tehran (ISNA) - During weekdays ending up to November 5, 2020, over 514,047 MT of commodities worth over 211 million USD were traded on the Iran Mercantile Exchange.

New agreement between Iran, Russia on Sirik power plant

Tehran (ISNA) - Director of power plant projects in Iran announced on Saturday that Iran and Russia have renewed agreement on construction of Sirik power plant in southern Iranian province of Hormuzgan.

Sanctions have long history of not achieving their stated goals: Steve Hanke

Tehran (ISNA) – In recent days, Iranian financial markets, especially the currency market are experiencing a new round of volatility, which may be a result of the U.S presidential election; We’d asked professor Hanke for a commentary.

Over the 2nd week of October;

IME Witnessed a 70% Growth in its Trading Volume and Value

Tehran (ISNA) - During weekdays ending up to October 15, 2020, while over 928,524 MT of commodities worth over 401 million USD were traded on the Iran Mercantile Exchange, the trading volume and value experienced growth of %70 and %90, respectively.

A brief review of the Rial’s crisis

Tehran (ISNA) - The enthusiasm for the Iranians to hold Dollar may be strange at the first glance but considering the long-run trend, the ordinary people may have right to do so. Historical overview of the last four decades shows us that Rial wasn’t so much reliable most of the time.

Over the first week of October;

Trading 221 million dollar of various commodities on IME

Tehran (ISNA) - During weekdays ending up to October 8, 2020, over 543,582 MT of commodities worth over 221 million USD were traded on the Iran Mercantile Exchange.

Coronavirus didn’t stop Iran’s oil production even a single day: Zanganeh

Tehran (ISNA) - Iranian Oil Minister, Bijan Namdar Zangeneh stressed that the country’s crude production hasn’t been halted even a single day despite the coronavirus outbreak and the sanctions.

Khaf-Herat railway route to be inaugurated in next 2 months

Tehran (ISNA) - The Iranian section of the Khaf-Herat railway route will be completed in the next two months, the Iranian deputy Minister of Transport and Urban Development Abbas Khatibi announced.

Over the last week;

Trading over 637 thousand tonnes of Commodities on IME

Tehran (ISNA) - During weekdays ending up to September 17, 2020, while over 637,597 MT of commodities worth over 1,595 million USD were traded on the Iran Mercantile Exchange.

Iran to hold forum on boosting trade with Africa

Tehran (ISNA) - The Trade Promotion Organization of Iran is going to hold a forum in early October to weigh plans for boosting Iranian exports to the African nations, an official has announced.

Iran, Azerbaijan to develop infrastructure, rail links

Tehran (ISNA) – Iranian Minister of Roads and Urban Development Ahmad Eslami and Minister of Roads, Communications and Advanced Technologies of the Republic of Azerbaijan Ramin Gholizadeh held a video conference, stressing on the need to further develop infrastructure and rail links in the region.