Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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March 12,2023Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar was quoted at 425,000 rials on Sunday in the open market, down 3.19% from the previous day's close... -
March 05,2023The Central Bank of Iran said it has allowed all authorized moneychangers to buy the export income of mining and petrochemical companies, the secretary of the Iran Exchange Bureaus’ Association...
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March 01,2023Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar traded at 525,000 rials on Wednesday in the open market down 2.4% on the previous day. The euro...
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February 27,2023The ‘Council for Coordination of the Three Branches of Power’ has decided to delegate more authority to the Central Bank of Iran to enable it prop up the rial and stabilize the chaotic forex market...
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February 25,2023First Vice-President Abbas Mokhber, Economy Minister Ehsan Khandouzi and the Governor of the Central Bank of Iran Mohammad Reza Farzin went to the Majlis on Saturday to brief lawmakers on the state...
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February 20,2023The Central Bank of Iran officially unveiled the Currency and Gold Trade Center apparently in the latest bid to control forex and gold prices that have jumped to levels unseen in the history of the...
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February 19,2023With forex rates at historic highs, the Central Bank of Iran says it has new plans for “managing currency rates”. "The CBI has new plans in accord with the forex market's current conditions. What...
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February 11,2023Russia and Iran are cooperating in banking and are planning to ramp up the share of national currencies in mutual settlements, Russian deputy foreign minister, Andrei Rudenko, said. "We are...
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February 04,2023The central bank officially launched the ‘Iran Currency and Gold Trade Center’ in line with the new governor's bid to try and control skyrocketing forex and gold prices. The measure was proposed...
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January 29,2023Foreign exchange rates jumped again on Saturday in Tehran's unofficial market to continue on the upward trajectory seen for months. The US dollar shot up by 4.22% to buy 433,300 rials on Saturday...
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January 28,2023Five banks will start selling dollars and euros without the need for buyers to register with the Iran Central Exchange website, the Central Bank of Iran announced on Thursday. Selected branches...
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January 24,2023The governor of the Central Bank of Iran, Mohammad Reza Farzin, said the bank has gained access to a big part of its blocked assets in some foreign countries and is using it to control currency...
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December 24,2022The Central Bank of Iran said it has raised the ceiling for the amount of local currency local residents and foreigners can hold when leaving and entering the country to 50 million rials (around $...
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December 17,2022The Central Bank of Iran is making concerted efforts to stabilize the chaotic forex market amid the steep decline in the national currency, the bank governor said. “We have set up a joint...
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November 30,2022Forex reserves are in a relatively better shape and supply to the secondary currency market, known as Nima, has improved considerably, the governor of the Central Bank of Iran said. “We expect...
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November 15,2022The Central Bank of Iran will issue foreign currency bonds starting Saturday as a part of its plan to stabilize the chaotic forex market. Forex will be offered at the state-owned Bank Melli, the...
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November 09,2022Governor of the Central Bank of Iran, Ali Salehabadi, says the bank has enough resources and tools to stabilize currency and gold prices that have rocketed to unprecedented high in the past several...
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November 07,2022The recent hike in currency prices in the domestic market is largely due to inflationary expectations, which in and of itself has more reasons than one. “US mid-term elections will be held on...
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November 06,2022The Central Bank of Iran on Sunday said selected banks have been allowed to sell foreign currency at negotiated rates in line with new measures to help tame the high and rising forex market. It...
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November 04,2022The Central Bank of Iran has given permission to exchange shops to buy and sell foreign currency online through the website of the Iran Currency Exchange (ICE). CBI Governor Ali Salehabadi said...
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November 02,2022Currency prices shot up Wednesday in Tehran's open market with the US dollar at an all-time high. The greenback was quoted at 344,400 rials on Wednesday, up 2.96% or 10,200 rials, Eghtesadnews...
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October 29,2022Close to 300 exchange bureaus have started publishing their buy/sell and supply/demand data live on the regulated market website, the governor of the Central Bank of Iran said. “After exporters...
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October 28,2022Forex trade at negotiated rates amounted to $700 million since June when the Central Bank of Iran allowed moneychangers to purchase currency from exporters at “agreed prices”. Mehdi Hadinejad,...
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October 03,2022The Central Bank of Iran has required licensed currency exchange bureaus to report buy/sell rates shown on their electronic boards also on a central e-platform accessible to the public. The move...
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September 13,2022Currency rates made significant gains against the rial on Tuesday triggering fresh demand in the domestic gold market. The US dollar crossed the resistance level of 310,000 rials to buy 314,000...
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