Iran Currency News

Iran Currency News

Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.

  • Iran: Forex, Gold Slip for 2nd Day
    Currency rates retreated further from historic highs on Monday as the Central Bank of Iran intensified efforts to intervene in the chaotic market. Gold saw a similar fate. The US dollar dropped to...
  • Gold and Dollar Pause
    Gold and dollar prices declined on Sunday after posting new highs a day earlier. The half Azadi coin lost 5.82% or 5 million rials to be sold for 86 million rials. The quarter Azadi coin also lost...
  • Forex Rates at New Record Highs
    The US dollar jumped to an all-time high of 320,000 rials on Thursday, despite the central bank’s move to inject currency in the forever rising market.  The dollar finished the week at 320,000...
  • Iran: Positivity About Unlocking Forex Overseas
    The Central Bank of Iran hopes it would be able to ease the unprecedented pressure on the currency market after billions in assets are unlocked overseas. Speaking on the sidelines of a Cabinet...
  • Tehran: Markets Flat Amid Volatile Trade
    Financial markets in Tehran on Tuesday had an uneventful session after a highly volatile day a session earlier.   Major share indices, forex and gold prices were near the flat-line for the day....
  • Rial Enters Crisis Mode
    The foreign exchange market in Iran is experiencing unprecedented highs as major currencies continue to rise against the national currency.   In the open market the dollar was quoted at 312,000...
  • Gold Smashes Record
    Coming on the heels of the chaotic forex market, gold prices shot up in Iran on Sunday as the Emami gold reached 161 million rials, rising 5.5 million rials or 3.41% in one day.  It was the...
  • Gold and Forex Make History in Tehran
    Gold and foreign currency in Tehran posted strong gains in post-holiday trading on Saturday jumping to record highs. Emami gold coin jumped 7.5 million rials, or 4.82%, to an all-time high of 155....
  • CBI Forex Dealers Raise Rates
    Unabated rallies in currency rates propelled exchange shops affiliated to the Central Bank of Iran to push rates to unprecedented levels on Tuesday.  The dollar climbed 10,000 rials to 292,000...
  • Forex Back on Fast Track
    Foreign exchange rates in Iran’s free market climbed again on Monday after a lull in the past two sessions as the US dollar clawed back losses in previous trade.  The greenback surged to 293,000...
  • Rial Gains Against Major Currencies
    Major currencies moved further from record highs reached last week and declined Sunday both in Tehran’s free market and official exchange-bureaus affiliated to the Central Bank of Iran.  The US...
  • Currency and Gold Retreat
    After reaching new peaks in the last trading session, advance of the dollar against the national currency paused at the start of new trading week.  The US currency dipped more than 4,000 rials on...
  • Rial Plunges to All-Time Low
    The US dollar rose again in Tehran’s free market at the close of trading week on Thursday, moving incessantly toward 300,000 rials.  Having touched a milestone, the greenback declined slightly...
  • Demand for Gold, Forex Still High
    Gold coin prices soared again in Tehran riding on the upbeat mood in the currency market and the omnipresent rush to buy the precious metal The Emami gold coin extended gains on Wednesday to...
  • Forex Rates and Gold Climb
    Foreign exchange rates made significant gains on Monday despite efforts by the Central Bank of Iran to meet demand through the secondary market.  The US dollar rose 1.5% or 4,400 rials to 294,000...
  • Slight Gains in Currency Rates
    Forex rates in Tehran were rather stable on Sunday compared to the past several weeks as traders exercised extra caution due to the Central Bank of Iran’s presence in the market.  According to...
  • Iran: Dollar Rally Pauses
    Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the...
  • CBI Unable to Put the Brakes on Forex Rates
    After touching 280,000 rials on Wednesday, the US dollar again extended gains against the rial on Thursday. It sold for 286,500 rials in Tehran’s open market, rising 6,000 rials, or 2%, compared to...
  • Rial Falls to All-Time Low
    The national currency plunged to new lows on Wednesday as the dollar advanced to new record high. The greenback broke past the critical 280,000-rial level for the day in Iran’s open market and was...
  • Gold Slips, Dollar Flat
    After rising a session earlier, the US dollar lost momentum on Monday and stayed unchanged apparently after political tensions impacting investor sentiments eased.  The greenback was worth 272,500...
  • Forex Rates and Gold Back to Record Highs
    After a brief lull, currency rates again rallied against the rial on Sunday. The dollar was quoted at 273,000 rials in Tehran’s open market, up 7,000 rials, or 2%. Keeping pace with the upsurge,...
  • Currency Appreciation Stopped In Tehran Market
    The rising tide of foreign currency rates against the rial paused on Saturday after soaring to record highs last week. The slide extended to the bullion market. A dollar was quoted 266,000 rials...
  • Hemmati Blames US Plots for  Steep Increase in Forex Rates
    The Governor of the Central Bank of Iran Abdolnasser Hemmati reiterated that fluctuations in the foreign exchange market is linked more to external and less to economic factors. In a note posted...
  • Rial Makes a Comeback After Two Months of Historic Lows
    The national currency declined to new lows in the face of a rising dollar on Monday but later recovered partially following intervention by exchange bureaus affiliated to the Central Bank of Iran...
  • Currency, Gold Keep Climbing
    Forex rates moved above 260,000 rials on Sunday to extend a rally that has strengthened since the beginning of the previous week.   The dollar made a big leap forward and rose by 5,000 rials, or 2...

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