inter@agah.com | (+98)21-82154469 & (+98)21-82154470 (Saturday to Wednesday, 8:00-17:00 IRST)
  • Home
  • Market Data
    • Fact Sheets
    • News & Reports
    • Debt Market
  • Blog
  • Brokerage
    • Trading License Application
  • Asset Management
  • Advisory
  • Investment Banking
  • Alternative Investment
  • FAQ
  • Home
  • Market Data
    • Fact Sheets
    • News & Reports
    • Debt Market
  • Blog
  • Brokerage
    • Trading License Application
  • Asset Management
  • Advisory
  • Investment Banking
  • Alternative Investment
  • FAQ

Category : Macroeconomics

Home/Blog/Archive by Category "Macroeconomics"
Iran Economy

Complex Systems; what is the motive behind USD jumps in Iran Economy?!

by Alireza Hojjatniadate: 30 July 2018in Blog, Macroeconomics No Comments

This article has been written originally in Farsi by donyayebourse.com

Complex Systems; what is the motive behind USD jumps in Iran Economy?!

The unleased hike of USD/IRR and Bahar Azadi gold coins in Iran Economy to their all-time record high has raised unanswered questions in minds of ordinary people let along the economic experts. Despite all the attempts to blame non-economic factors and conspiracy theories for the national currency collapse these days, a closer look at “complex systems” theory will bring the reality into our eyes. Moreover, a scientific approach to the current situation reveals alarms for policymakers with regards to the future of this market.

Read More
Iran Economy

CBI Holding the Key to Iran Economy Stability

by Mojde Rezaeedate: 14 March 2018in Blog, Macroeconomics No Comments

CBI Holding the Key to Iran Economy Stability

In a healthy economy, the central bank seeks the goal of optimum inflation rate through monetary and foreign currency policies. The Central Bank of Iran, however, aims at maintaining the local currency value, balancing payments, facilitating trades and boosting Iran Economy growth.

Read More
photo_2017-12-16_10-43-035555

Iran Budget Bill for 2018/19 Wrap Up!

by Mojde Rezaeedate: 17 December 2017in Blog, Macroeconomics No Comments

Iran Budget Bill for 2018/19 Wrap Up!

President Rouhani submitted Iran’s Budget Bill for the new Persian calendar year, starting 21 March 2018, to the Parliament on Sunday, December 10th, which seeks to generate employment, rooting out poverty and promoting equality among many others, which altogether will bring about prosperity in Iran’s economy.

Read More
Central Bank of Iran, CBI

Central Bank of Iran on Amend

by Mojde Rezaeedate: 8 November 2017in Blog, Macroeconomics 1 Comments

Central Bank of Iran on Amend

 

Central Bank of Iran was established in 1960 seeking major targets of issuing banknotes, protecting national currency value and acting as a banker to the government. The Money and Credit Council had 15 members of which 4 experts were proposed by the Board of Ministers and 1 university professor was also introduced from the academic side for 3 years.

After 12 years, the Monetary and Banking Law was written in 1972 bearing the most significant change in the combination of the Money and Credit Council; the number of members reduced to 11 and experts were introduced from specific organizations for a 2-year tenure; consequently, the government vote right dominated the council decisions, weakening its autonomy.

Read More
Foreign Direct Investment

Iran Foreign Direct Investment, it’s all about safety!

by Alireza Hojjatniadate: 17 October 2017in Macroeconomics No Comments

Iran Foreign Direct Investment, it’s all about safety!

By Alireza Hojjatnia

When it comes to Foreign Direct Investment (FDI), it is always better to be safe than sorry. Iran is no different from rest of the world. A rise in a nation’s FDI is hand in hand with uplifting its investment security protocols. The safer the county is, the more investments will flow in. This bond has some measures to be taken under consideration, for each of which, higher scores show a better made bed for Foreign Direct Investment. Despite the endless efforts of Iranians to attract more investments to their country, comparing global investment security indicators demonstrates the ugly truth of nation’s failure to deliver what shall be promised to foreigners.

Read More
DebtFinancing-56a830235f9b58b7d0f16670 in

Challenges Ahead Iran’s Debt Market

by Mojde Rezaeedate: 13 September 2017in Blog, Macroeconomics No Comments

Challenges Ahead Iran’s Debt Market

 

A well-developed debt market is proven to be a great advantage funding companies and therefore, providing grounds for economic growth in countries. Given the current conditions of Iran’s economy, developing an efficient debt market is unanimously said by experts to be of vital importance.

Debt market has the potential to lower reliance and pressure on banks for financing on one hand and contributes hugely to the government debt settlement by securitizing the debt, using the available mechanisms.

At the first glance, developing this market might seem easier than that of the stock market owing to the rather simpler structure of fixed-income bonds traded. There are, however, challenges ahead, whose identification might be the first step towards realizing this goal, the most important of which, taken from Tejarat-e Farda economic magazine, will be briefly stated below:

Read More
Iran's Economy, Lowering the Interest Rate, Lowering the Lending Rate, Iran's Capital Market

Lower Rates to Boost Iran’s Economy

by Mojde Rezaeedate: 6 September 2017in Blog, Macroeconomics No Comments

Lower Rates to Boost Iran’s Economy

By Mahdi Goodarzi & Mojde Rezaee

Of the major challenges with which Iranian manufacturing companies are struggling is the liquidity lack. This comes mostly from banks’ lack of a rating system to properly distribute banking resources in addition to high interest rates on bank deposits, which have raised financing costs.

Considering the still under-developed role of Iran’s capital and debt markets in financing, producers seeking for facilities largely refer to banks. Unfortunately, not only have banks’ troubled balance sheets lowered their ability to grant facilities, they have also been placed in an unhealthy competition to absorb money just to meet their previously made commitments to depositors. The final result has been nothing but higher interest rates on deposits, burdening banks with even more commitments. The rise in interest rates has eventually increased facilities’ prices. Expensive facilities, when Iran’s economy seems to have just kicked recession and showed signs of growth, will threaten the remained active companies’ survival.

Read More
Iran's Economy

Tax on Savings Interest; A Path towards Development of Iran’s Economy

by Mojde Rezaeedate: 23 August 2017in Blog, Macroeconomics No Comments

Tax on Savings Interest;

Read More
Iran’s economy, banking sector reform, SMEs

Iran’s Economy Benefits from the Liquidity Volume?

by Mojde Rezaeedate: 16 August 2017in Blog, Macroeconomics No Comments

Iran’s Economy Benefits from

the Liquidity Volume?

 By Mahdi Goodarzi & Mojde Rezaee

The 11th Iranian government took office aimed at curbing the inflation rate and boosting economic growth, for which controlling and managing the liquidity volume is a pre-requisite.

Historically investigating liquidity growth in the country proves that nearly all governments have experienced such growth, mostly due to the rise in base money other than the money multiplier; the former is mostly made up of “the Central Bank of Iran’s (CBI) foreign reserves”, “the government and state-run sector’s net debt to the CBI” plus “banks’ net debt to the CBI”.

Although calculated with different base years, average economic growth has approximately been 4% over 1997-2016; besides, the private sector/people purchase power has annually grown by 3.25%.

Read More
interest-rates-1-1

Lowering the Interbank Rate, A Pre-Requisite

by Mojde Rezaeedate: 2 August 2017in Blog, Macroeconomics No Comments

Lowering the Interbank Rate, A Pre-Requisite

 By Mahdi Goodarzi & Mojde Rezaee

After lowering the inflation rate, the government started to drag other related economic indices down and managed to put the interest rate on a descending path, having supported stricter financial discipline and implemented correct monetary policies. Over the past 4 years, the Central Bank of Iran decreased this rate twice to stand at 15% on banking deposits and 18% on facilities granted.

Despite arising from so many factors, some experts, including Kamran Nadri, the Head of the Islamic Banking Group, see the following three contributing the most to sky high interest rates: banks’ weak financial and monetary structures resulting from credit crunch, high cost of money and overdue claims plus deposits flow to parallel markets which raises the probability of banks’ assets getting stuck. As long as such reasons exist, lowering the interest rate by decree will not yield any results but the weakening of state-owned banks.

Read More
  • 1
  • 2
  • 3
  • »

Categories

  • Blog
  • News & Reports

Useful Tags

Agah Brokerage Firm Agah Group Automotive Sector banking banking sector budget Chadormalu Mining and Industrial Company Codal Codal release construction Cultural Heritage Investment Group Daily Daily Market News EPS forecasted IFB inflation interest rate Iran Iran's economy Iran capital market Iran Economy Iran Fara Bourse Iran’s capital market Market Market Cap market overview Mellat Bank Mobin Petrochemical Co. News next year nuclear deal Nuclear Framework Agreement Petrochemical price to earning ratio Saderat Bank SEO Sina Chemical Industries Company Tehran Stock Exchange Trading Halts Trading Reopenings TSE TSE index value of trades volume of trades

Recent Posts

  • AGAH Mutual Fund Fact Sheet – February 2021 March 28, 2021
  • Iran Capital Market Monthly Wrap! – February 2021 February 28, 2021
  • Iran Capital Market Monthly Wrap! – December 2020 December 28, 2020
  • Iran Capital Market Monthly Wrap! – November 2020 December 8, 2020
  • Agah wins the FEAS champions league for the second term! November 29, 2020

Latest Comments

  • Priyanka on FDI and FPI investment climbing up – Daily Market Report
  • Behzad jamshed Karai on Central Bank of Iran on Amend
  • Switzerland is to dedicate a financial line to Iran humanitarian imports! | Accounting, Tax, Advisory, Assurance , Consultancy and Auditing Iran on Switzerland is to dedicate a financial line to Iran humanitarian imports! – Daily Market News
  • Money Supply figure reaches new highs in Iran Economy! | Accounting, Tax, Advisory, Assurance , Consultancy and Auditing Iran on Money Supply figure reaches new highs in Iran Economy! – Daily Market News
  • Iran Banking Sector needs almost 50% of GDP to revive! | Accounting, Tax, Advisory, Assurance , Consultancy and Auditing Iran on Iran Banking Sector needs almost 50% of GDP to revive! – Daily Market News

Contact Us

  • Agah Building, NO. 13, Pirooz St. Africa Ave, Tehran, IRAN
  • Tel: (+98) 21-82154469 and (+98) 21-82154470 (Saturday to Wednesday) | Fax: (+98)21-82154250
  • inter@agah.com
  • Persian
  • Persian Facebook Fan Page

Site Map

  • Home
  • Brokerage
  • Asset Management
  • Advisory
  • Investment Banking
  • Alternative Investment
  • FAQ
  • Newsletter

Partner in Research

  • Invest Direct

Customer Club

Bashgah.com

Copyright © 2015, Agah Group, All Rights Reserved.