Economy

A remarkable growth of 60% in value of trades

Tehran (ISNA) - Within the week ending on the 4th of June, 2021, the IME witnessed trade of 905,197 tonnes of commodities with a total value of nearly 567 million USD, showing 51% and 60% of growth in volume and value of trades respectively, as compared to figures in the previous week.
Iran’s misery, miserable state of Iranian Rial

By Steve H. Hanke
Trade of nearly 600,000 tonnes of commodities on IME

Tehran (ISNA) - Within the week ending on May 26, 2021, the IME witnessed trade of 597,727 tonnes of commodities with a total trading value of more than 365 million USD.
IME reaches a record high

Tehran (ISNA) - Within the month ending on May, 21, 2021, the IME set a new record as it sold 2,925 tonnes of various types of commodities with a total trading value of almost 1,828 million USD, with a 6% and 16% of growth in volume and value of trades respectively compared to the previous month.
IME witnesses rise in volume, value of trades

Tehran (ISNA) - Within the week ending on May, 21, 2021, the IME witnessed trade of 861,793 tonnes of commodities with a total trading value of almost 554 million USD, showing 36% and 40% of growth in volume and value of trades respectively as compared to the previous week.
Iran’s non-oil export grows by 46%

Tehran (ISNA) - President of the Islamic Republic of Iran Customs Administration (IRICA) announced that the country exported $5.6 billion worth of non-oil goods and commodities to foreign countries from March 21 to May 15, 2021.
IME witnesses growth in both volume, value of trades

Tehran (ISNA) - Within the week ending on May, 14, 2021, the IME witnessed trade of 631,879 tonnes of commodities with a total trading value of nearly 400 million USD, showing 2% and 4% of growth in volume and value of trades respectively.
Rail link to be created between Iran, China through Afghanistan

Tehran (ISNA) – Following the inauguration of Khaf-Herat Railway Project and announcement of Iran’s readiness to invest $2.2 billion in Afghanistan to complete the final phase of this railway and to connect it to Mazar-e-Sharif, Iran’s railway route will eventually reach China.
IME witnesses trade of more than 600,000 Tonnes of commodities

Tehran (ISNA) - Within the week ending on May, 7th, 2021, the IME witnessed trade of 617,484 tonnes of commodities with a total trading value of more than 408 million USD.
Iran exports non-oil goods to 143 countries

Tehran (ISNA) – Iran managed to export its non-oil products to 143 world countries and imported products from 123 countries last year despite oppressive and unjust sanctions imposed against the country.
IME Posts sales of 686,000 tonnes of commodities

Tehran (ISNA) - Within the week ending on April, 30th, 2021, the IME traded 686,963 tonnes of commodities with a total trading value of more than 400 million USD.
Iran bans flights from/to India, Pakistan

Tehran (ISNA) – Iran will ban flights from and to India and Pakistan as of Sunday due to the outbreak of the mutated coronavirus in the two countries, Civil Aviation authority spokesman Mohammad Hassan Zibakhsh announced on Saturday.
IME witnesses continuous growth in both volume, value of trades

Tehran (ISNA) - Within the week ending on April 16th, 20121, the IME traded 18,000 tonnes of commodities with a total trading value of nearly 435 million USD, showing 36 and 7 percent of growth in volume of trades respectively, as compared to the previous week.
IME witnesses growth in volume, value of trades

Tehran (ISNA) - Within the week ending on April 9th, 2021, the IME witnessed trade of 745,073 tonnes of commodities with a total trading value of more than 443 million USD, showing 102 and 109 percent of growth in volume and value of trades respectively.
Possible inflationary trends in the short-term

Tehran (ISNA) – In its recent report, the IMF predicted 36.5 percent inflation for Iran this year. For further discussing possible scenarios for possible inflationary trends in the short-term; we’d asked professor Hanke for a commentary.
IME did gangbusters last year breaking 8 all-time records

Tehran (ISNA) - Within the Iranian year 1399, ending on March 20th, 2021, the Iran Mercantile Exchange posted its biggest yearly gain, with a total trading value of 17.5 billion USD, more than doubling up the figure as compared to the previous year.
Ocean port to be constructed on Jask coast, SE Iran

Tehran (ISNA) - A senior official in Ports and Maritime Organization of Hormuzgan Province said on Sunday that an ocean port plan was being prepared to be constructed on the coast of the province.
A mixed bag of commodities worth 384 million USD sold on IME

Tehran (ISNA) - Within the week ending on March 12th, the IME witnessed trade of various types of commodities with a total trading value of more than 383 million USD.
IME weekly trades edge up

Tehran (ISNA) - During the week ending on 3 of March, close to 940,000 tons of commodities worth of 123,000 billion rials were traded on the IME's spot platforms.
An uptick of 9% in volume of trades on Iran Mercantile Exchange

Tehran (ISNA) - Within the week ending on 26th of February, the IME witnessed trade of 789,176 tonnes of commodities with a total trading value of nearly 445 million USD, showing a growth of 9% in volume of trades as compared to the week before.
A mixed bag of commodities worth 442 million UDS changed hands on IME

Tehran (ISNA) - Within the week ending on February 18th, the IME witnessed trade of 718,966 tonnes of commodities with a total trading value of nearly 443 million USD.
Rises in value, volume of trades on Iran Mercantile Exchange

Tehran (ISNA) - Within the month ending on February 18th, the IME sold 2,960,000 tonnes of commodities with a total trading value of more than 1,620 million USD, showing 2 and 16 percent of growth in volume and value of trades respectively.
Corona vaccine transactions can be conducted through SHTA if needed: SECO

Tehran (ISNA) – During the Trump’s administration's maximum pressure campaign, Swiss humanitarian trade arrangement channel was established to facilitate legal trades with Iran. For discussing SHTA current situation and further details, we'd asked Antje Beartschi for a commentary.
Upward trend of trades in IME market

Tehran (ISNA) - Within the week ending on the 29th of January, the IME witnessed trade of 689,307 tonnes of commodities worth more than 306 million USD, showing 62 and 26 percent of growth in volume and value of trades respectively.
Dollar depreciation may continue in 2021 too: Steve Hanke

Tehran (ISNA) – Janet Yellen will be the next secretary of treasury. According to some reports, the first woman in this position in the American history won’t seek a weaker dollar.
Iran-Armenia trade volume to increase to $1b

Tehran (ISNA) – Armenian Economy Minister, Vahan Kerobyan announced on Sunday that based on negotiations with Iranian ambassador to Yerevan, both countries are willing to increase trade volume to $1b within six months.
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.