Official says out of the 43,000 small and medium sized enterprises in industrial towns, 20% are facing recession, which means their production has come almost to a halt

Mohsen Salehinia, head of #Iran SMEs Organization says 22% of Iranian #SMEs (about 10,000 units) are now in recession. About 13,000 units are also working at 50% below their capacity. #sanctions

Another drought on #Iran Energy Exchange on Monday as no oil was traded for the sixth crude offer. #OOTT

Head of #Iran Mercantile Exchange Hamed Soltaninejad tells me the bourse has conducted ample study on #blockchain technology and is ready to host #cryptocurrency trade. https://t.co/ZlmMFWGYuI

Since last March 66 tons of #Saffron has been traded in the physical ring of #Iran Mercantile Exchange and the bourse plans to launch an international ring on #Kish island for foreign exchange trade of saffron https://t.co/xQT8oSPUGI

According to seed Fallahpour, deputy for Supervision of Financial Institutions at Securities and Exchange Organization, the value of Iran's four bourses has reached 9,000 trillion rials ($66b). #Iran #StockMarket #bourse

Central Bank of #Iran chief Abdolnaser Hemmati tells state TV that CBI’s net #forex reserves has increased 1.7% since September, adding that the country has found ways to bypass US #sanctions which will take America 3-4 yrs to spot.

CBI governor Abdolnaser Hemmati tells the State TV that the merger of these 5 banks with Sepah will be completed in 4 months.

Lawmakers finally reached a vote on how to to spend the proposed $14b for basic goods and medicine in next year budget : they obliged the gov't to distribute the basics via ''electronic coupon." #Iran

Secretary of the Expediency Council @ir_rezaee says the council has decided to debate both the #Palermo and #CFT bills next calendar year (begins March 21) adding that any behaviour by #Europe can sway members' vote. #FATF

After much speculation. the Central Bank of #Iran officially confirmed that 4 military #Banks (mostly loss-making) will soon be merged with state-owned Bank Sepah. https://t.co/R56YfBskSd

A vote on #Palermo bill was deferred again at the Expediency Council as the stalemate on #FATF continues. #Iran

Trade between #Iran and #China in Jan.219 has fallen 54.8% YOY and as business leaders say China's compliance with US sanctions and #forex restrictions in Iran are main culprits. https://t.co/EHndPb2gaJ

With the Expediency Council set to deliberate on #Palermo bill Saturday again Central Bank of #Iran governor Abdolnaser Hemmati reminds them #FATF recommendations are global banking standards and "maintaining limited relations" with foreign banks is a necessity.

Lawmakers on Wednesday approved one more amendment to the next year’s (March 2019-20) budget bill that requires monitoring high-value banking transactions

Tehran Stocks welcomed President @HassanRouhani's decision to reject FM @JZarif's resignation TEDPIX gained 0.35% to close Wednesday trade at 165,294.7

#Iran, #Armenia foreign ministers sign two documents on standardization and free trade zones during Prime Minister Nikol Pashinyan's visit to Tehran

In order to combat #MoneyLaundering and #tax evasion, #Iran-nian MPs passed a measure, requiring the central bank to set a threshold for banks to report cash transactions and request documents if needed. https://t.co/dAxiUY2aDV

As part of efforts by Central Bank of #Iran governor Abdolnaser Hemmati to crack down on capital flight, the ban on operation of Iranian POS devices abroad has been enforced. #currencytrading

#zarif accompanying #Rouhani at the official reception ceremony for Armenian prime minister today