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.

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.

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.

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.

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.