Market

BAKU: Various foreign currencies sold at the Iranian foreign exchange and gold exchange centers at the NIMA exchange rate increased by $6.5 million on March 5 compared to the previous day, March 4, Trend reports, referring to Iran’s Central Bank.

Acc…

BAKU: Iranian companies are ready to provide technical and engineering services for oil projects in Uzbekistan, Iranian Oil Minister Javad Owji said during a meeting with a delegation headed by Uzbek Energy Minister Jurabek Mirzamakhmudov in Tehran, T…

BAKU: The new edition of Iran’s Bahar Azadi gold coin was sold for approximately 367 million rials (about $8,738) on March 5, Trend reports.

On March 4, the coin was sold for approximately 352 million rials (about $8,380).

The previous edition of th…

BAKU: Iran’s gas sector is fully prepared for transit and transportation of energy within the framework of North-South and West-East corridors, Iranian Oil Minister Javad Owji said to reporters after a Cabinet meeting in Tehran, Trend reports.

Accord…

BAKU: The next ministerial meeting of the Gas Exporting Countries Forum (GECF) will be held in Tehran in October-November, Iranian Oil Minister Javad Owji told reporters after a Cabinet meeting in Tehran, Trend reports.

According to Owji, member coun…

BAKU: Iran is currently negotiating with 21 countries to establish joint free trade zones, advisor to the Iranian president and secretary of the Supreme Council of Free Trade Zones of Iran, Hojatollah Abdolmaleki said, Trend reports.

According to Abd…

BAKU: Iran’s product import from Azerbaijan amounted to about 17,400 tons worth $41.9 million for 11 months of the current Iranian year (from March 21, 2023 through February 19, 2024), the statistics of Iran’s Customs Administration says, Trend report…

BAKU: Iran Energy Exchange (IRENEX) will sell around 26,800 tons of various hydrocarbon products on March 5, Trend reports.

Of the mentioned volume, 9,980 tons will be on sale on the domestic ring of the energy exchange.

The following goods are to b…

BAKU: The rial, Iran’s national currency, has reached a historic low against the US dollar and the euro today, Trend reports.

Iranian media reports that currently, 1 US dollar on the black market in Iran costs about 603,000 rials. Yesterday, the US d…