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Iran dedicated SPV

Iran dedicated SPV is now finalized! – Daily Market News

by date: 5 December 2018in News & Reports No Comments

Iran dedicated SPV is now finalized!

Market News

– In an interview with Javad Zarif, the current Iranian Minister of Foreign Affairs, it was announced Iran dedicated SPV is now finalized and soon will be registered. The heads of EU powers apparently are on the same page about the mechanics of this specialized purpose vehicle, however, in order to minimize the chance of US meddling, EU members are finalizing the practical steps in private. This came out after the meeting of Javad Zarif with EU officials held the other week in Geneva.

Iran Trade Balance

Iran Trade Balance turns positive as non-oil exports surges! – Daily Market News

by date: 3 December 2018in News & Reports No Comments

Iran Trade Balance turns positive as non-oil exports surges!

Market News

– After the first 8 months of 1397 (2018/19), the total non-oil exports surpassed USD 31.491 bn which made Iran Trade Balance positive for USD 2 bn. The figure is raised 12.96% in value contrary to the same period last year. Major exports of Iran were gas condensates (8.81%), liquid propane (4.25%) and other light oil products except for petroleum (3.5%). The top 5 export destinations of Iranian products are Iraq (21.46%), China (20.52%), UAE (16.17%), Afghanistan (7.13%) and India (4.99%). 

Iran Government financial status

Iran Government financial status analyzed! – Daily Market News

by date: 1 December 2018in News & Reports No Comments

Iran Government financial status analyzed!

Market News

– In a study carried out by Donya-e-Eqtesad, Iran Government financial status has been analyzed with a bit of historical comparison and an eye on the sanctions snapback. It seems that President Rohani’s administration is under a lot of pressure and must make difficult choices surviving the next two years. Moreover, the administration shall become more organized by utilizing strict financial disciplines. The below picture demonstrates a brief yet comprehensive image of the state financial status:

Iran FX revenues

Oil exports share reduces in Iran FX revenues! – Daily Market News

by date: 26 November 2018in News & Reports No Comments

Oil exports share reduces in Iran FX revenues!

Market News

– The share of oil exports in Iran FX revenues has been reduced over the past few years which shows that the economy is now less dependent on oil sales. During the first 10 months of 2018, the share of oil exports reached below 48% of total FX revenues. This figure surpassed 80% decade. The dependence of Iran economy to oil exports heralds that the nation was successful in producing industrial goods to compensate for the reducing piece of the oil pie. 

Iran Central Bank

Iran Central Bank fights money laundering in FX transactions! – Daily Market News

by date: 18 November 2018in News & Reports No Comments

Iran Central Bank fights money laundering in FX transactions!

In the Market

– After the devastating devaluation of Iranian Rial against foreign currencies, the nation’s money started a recovering trend with chaotic ups and downs. The unbelievable rates of more than 19,000 for USD/IRR plummeted to reasonable levels (circa 12,000) and went down even further during the past week (entering 11,000 band).

Iran Economy

Money Supply growth trend analyzed in Iran Economy! – Daily Market News

by date: 14 November 2018in News & Reports No Comments

Money Supply growth trend analyzed in Iran Economy!

Market News

– In an analysis carried out by Bamdad economical studies, it is shown that despite the popular belief, money supply growth trend in Iran Economy has always been on the same track regardless of each administration’s political party. The below chart demonstrates that an inflated money supply trend with the aim of higher economic growth was on the policy makers big picture after the Islamic revolution. 

Iranian Banks Sanctions

Iranian Banks sanctions status analyzed! – Daily Market News

by date: 11 November 2018in News & Reports No Comments

Iranian Banks sanctions status analyzed!

Market News

– After the confusion made by the US Department of Treasury on the latest status of Iranian Banks with regards to the SDN list and the secondary sanctions (being still connected to SWIFT), an analysis has been performed by Donya-e-Bank news agency showing the map of Iranian Banks in a picture. According to the below table, almost all banks in Iran is under the SDN list, however, the ones with no “Secondary Sanctions” tick on their status are clear to deal with:

Iranian Stock Exchanges

Iranian Stock Exchanges on the top of WFE ranking! – Daily Market News

by date: 5 November 2018in News & Reports No Comments

Iranian Stock Exchanges on the top of WFE ranking!

Market News

– Iranian Stock Exchanges (Iran Fara Bourse and Tehran Stock Exchange) stood tall in the ranking of the World Federation of Exchanges (WFE) in terms of performance for a period of 365 days ending September 2018. IFB & TSE has returned their investors’ handsome figures of 132% and 127% respectively during the said period and stood 1st and 2nd in the ranking between 72 international exchanges. 

Iran Sanctions

US exempts 8 countries from Iran Sanctions! – Daily Market News

by date: 3 November 2018in News & Reports No Comments

US exempts 8 countries from Iran Sanctions!

In the Market

– Backing down from the zeroing Iran oil sales, the United States grants case exemptions to 8 nations with regards to their oil purchases from Iran just days away from sanctions snapback deadline. Apparently, India, Japan, South Korea, Iraq, China and Turkey are among this shortlist exempted from Iran Sanctions.