Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
-
September 01,2018The US dollar has been completely eliminated from trade deals conducted between Iran and Iraq due to US sanctions and the neighboring countries have shifted toward the euro and national currencies... -
September 01,2018Majlis Economic Commission welcomed the new foreign exchange policies introduced by the government on August 6 and believes that these policies, along with the appointment of the new Central Bank...
-
August 31,2018The Central Bank of Iran said in a statement that hard currency for students at the official rate will be paid only for the first academic half-year of 2018. Thus, students will receive the...
-
August 31,2018Figures show that Nima, the online foreign exchange system set up by the Central Bank of Iran at the behest of the government, is increasingly being embraced by traders following forex policy...
-
August 31,2018In a letter to the Central Bank of Iran governor Abdolnasser Hemmati, Minister of Industries, Mining and Trade Mohammad Shariatmadari announced the list of imports exempted from paying the 28,000-...
-
August 28,2018Foreign exchange witnessed a fresh rally in the open market, which was accompanied by a surge in the price of gold coin. On the Central Bank of Iran's website Sana that reports the average...
-
August 25,2018The Central Bank of Iran on Saturday notified a directive to the banking system, which sets foreign currency deposit interest rates and doubles down on the previous promise of guaranteed returns...
-
August 25,2018Latest figures from transactions conducted in the Central Bank of Iran's online system for foreign currency deals as well as those handled by exchange shops show that both payment orders and cash...
-
August 20,2018The retrospective application of Clause Five of the government’s new foreign currency on imports is against the law, the chairman of the parliamentary faction focused on fighting corruption and...
-
August 19,2018The new forex policy, announced last week by the Central Bank of Iran, which will partially remove the ceiling for the price of the dollar and allow more freedom for market changes, has sparked a...
-
August 18,2018The governor of the Central Bank of Iran, who took the reins of the policymaking body late last month, has outlined his top priorities for solving the problems and instilling stability in the...
-
August 17,2018While the foreign exchange rates are still considered bullish by most observers, both officials and businesspeople expect the market to stabilize in the coming days, as the latest rescue package...
-
August 15,2018Central Bank of Iran's Governor Abdolnasser Hemmati said the regulator's policy under his watch continues to be non-intervention in the foreign exchange market. "We have said repeatedly that we do...
-
August 15,2018The new forex initiative has only managed to fix major policy mistakes of the past two quarters, which is not enough to control profiteering in the foreign exchange market. The above statement was...
-
August 14,2018The benchmark Bahar Azadi gold coin gained on Tuesday, as both gold and foreign currency markets await greater stability in the wake of the government's rescue package that was unveiled last week...
-
August 14,2018Over the past week, the value of Turkish lira collapsed yet another time. At first glance, this seems like a problem peculiar to Turkey, but economists are warning that the Turkish lira’s slide...
-
August 14,2018The implementation of new foreign exchange policies by the Iranian government has meaningfully curbed unnecessary demand for cheap currency, the industries minister said. Addressing a gathering...
-
August 13,2018The Civil Aviation Organization of Iran issued a directive on Thursday, saying that the foreign currency needed by airlines to finance their ongoing operations would be determined at the rates set...
-
August 13,2018The Central Bank of Iran has released the updated list of certified exchange bureaux currently active in the country, as it pursues a crackdown on unlicensed moneychangers that have proven a bane...
-
August 12,2018The Central Bank of Iran released a statement assuring the public and businesses that the recent price surge in the open market is bound to abate, as CBI seeks to deepen the market with more supply...
-
August 10,2018New guidelines by the Central Bank of Iran regarding the supply of foreign exchange for travel purposes have seemingly helped fix the flaws of the former misguided policy through creating a more...
-
August 10,2018The Central Bank of Iran has urged people to meet their hard currency requirements through the established foreign exchange market, which consists of banks and certified exchange bureaux,...
-
August 08,2018With the government's rescue package for the currency market in full swing, exchange bureaus have found a newly-defined role after nearly four months of zero transaction. As reported by the local...
-
August 07,2018After months of volatility, the foreign exchange market has embraced a forex plan unveiled by the government on Sunday. Exchange houses resumed their normal operations, halted 115 days earlier on...
-
August 06,2018The government has eased foreign exchange rules and allowed money exchangers to resume work at open market rates, as part of the latest rescue package intended to calm the volatile market. In a...
Pages
