Forex Rate Unification
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June 13,2018The government has allocated $15 billion of foreign exchange to imports in the 50 days since the start of the current Iranian year on March 21. According to Government Spokesman Mohammad Baqer... -
May 29,2018The government earmarked a total of $12.28 billion to all import of goods and services at the unified rate of 42,000 rials during the first 45 days since it unified the US dollar's dual exchange...
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May 28,2018President Hassan Rouhani has called on the private sector to play a serious role in the economy, stressing that his government will ensure the business community benefits from the resources of the...
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May 27,2018Majlis Research Center, the parliamentary think tank, has released its first comprehensive report on the current foreign exchange market situation and the reasons it was gripped by wild gyrations...
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May 21,2018For the first time after the government decided to unify the US dollar's exchange rate more than a month ago, the Central Bank of Iran has allowed for a minor increase in its rate. The CBI set...
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May 20,2018Governor of the Central Bank of Iran said the exchange rates of the US dollar, which were unified at 42,000 rials last month, will not remain fixed and change 5-6% until the end of the current...
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May 11,2018The Central Bank of Iran has announced allocating $6.6 billion to fulfill the country' foreign exchange needs between April 11 and May 8 at the unified rate of 42,000 rials. CBI said in a...
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May 06,2018The government is committed to meeting all hard currency needs, including the ones that exceed the current caps devised in the wake of the foreign exchange rate unification implemented last month,...
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April 29,2018The governor of the Central Bank of Iran acknowledged shortcomings in the government's new foreign exchange policy, promising that they would be addressed. Valiollah Seif, in his first TV...
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April 23,2018When President Hassan Rouhani’s administration decided to unify Iran’s dual foreign exchange rate regime to prevent further depreciation of its currency on April 9, part of its market control...
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April 21,2018Governor of the Central Bank of Iran has provided further details about the new Forex Deals Integrated System, noting that it will reposition banks as the main market player, promote transparency...
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April 20,2018It is too soon to pass judgment on the administration’s decision to fix the US dollar’s exchange rate at 42,000 rials, the deputy economy minister for banking and insurance said. Abdolrahman Nadimi...
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April 17,2018The Majlis Economic Commission said on Tuesday that it fundamentally agrees with the government's recent measures to control the foreign exchange market, although some of the executive decisions...
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April 14,2018As Iran moves to unify its exchange rates, the government has announced new policies that give the banking system the prime role in the foreign exchange market. According to measures decided at...
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April 11,2018Governor of the Central Bank of Iran Valiollah Seif said the drastic decision by the government to unify the US dollar’s rate does not mean that a fixed exchange rate system would be at work, as...
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April 10,2018The Iranian government decided to put an end to the dual exchange regime, in an attempt to control the bullish forex market and promote safety of foreign investments.
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November 20,2017The Central Bank of Iran’s Exports Department has sought to provide more details on the online...
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March 11,2017The head of Tehran Chamber of Commerce, Industries, Mines and Agriculture has called for the...
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March 11,2017The International Monetary Fund is optimistic that Iran can unify its dual foreign exchange rates in 2017-18 despite recent challenges facing the country, such as currency market volatility.
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February 15,2017Grounds have been prepared for unifying the foreign exchange rates, which will finally be...
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February 04,2017Following efforts during the current fiscal year (ending March 20) to close the gap between...
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December 31,2016The unification of Iran's dual foreign exchange regime and the decline in the exchange rate...
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December 27,2016Many illegal bureaux de change have been identified and a number of them have been...
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December 27,2016The Majlis Economic Commission is to hold a meeting with Economy Minister Ali Tayyebnia...
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December 20,2016The current rate of the US dollar in the Iranian market varies greatly from the rate predicted in the...
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