-
June 05,2022
After a one-day hiatus, foreign exchange rates soared on Wednesday at Tehran’s free market, which also pushed up prices in the bullion market.
The US dollar advanced to as high as 317,000 rials...
-
June 01,2022
Logging daily gains since last week the US dollar crossed the critical 310,000-rial level on Monday in the open market and closed at 311,000 rials, rising more than 3%.
America’s currency soared...
-
May 21,2022
Private companies have been complaining that the government apparently failed to anticipate the challenges manufacturing units would face after it ended the policy of allocating subsidized currency...
-
May 18,2022
The Iranian National Tax Administration (INTA) said foreign currency dealers must also pay tax if they trade outside the purview of official exchange bureaus and banks.
In a notice posted on its...
-
May 16,2022
The Central Bank of Iran says the supply of currency for imports outpaced damned over the past three weeks.
“Forex resources are enough to fully cover imports as well as [needs of] the people,”...
-
May 14,2022
Forex rates and gold prices dropped at the beginning of business week on Saturday bucking a rising trend that dominated the whole of last week.
Reaching the multi-month high of 307,000 rials as...
-
May 14,2022
Foreign exchange rates in the unofficial market extended weeklong gains against the rial hitting fresh highs on Thursday.
The dollar was traded at as high as 308,000 rials posting more than 3%...
-
May 13,2022
Forex rates hit new highs at Tehran’s unofficial currency market on Wednesday carrying with it the bullion market.
The US dollar briefly touched the psychological 300,000 rials in the middle of...
-
May 10,2022
Foreign currencies posted considerable growth in Tehran’s free market with the US dollar quoted at 291,800 rials on Tuesday.
According to Esghtesadnews.com, the dollar crossed the psychological...
-
May 10,2022
Currency trade in the secondary market, known locally as Nima, reached almost $4 billion from the beginning of the fiscal year in late March to May 9.
In press statement posted on its website on...
-
May 08,2022
Banks will accept forex deposits and pay interest in cash in the same currency, the Central Bank of Iran said.
In a press statement posted on its website, the central bank said that the provision...
-
April 23,2022
The Central Bank of Iran allocated $11 billion for importing goods in one month since the beginning of the current fiscal year (March 21), a CBI official said.
“Four billion dollars was for...
-
April 19,2022
The Economy Minister Ehsan Khandouzi said Tuesday the government is determined to take the first step towards gradually eliminating subsidized currency in this fiscal year.
"For sure the...
-
April 13,2022
The Majlis has passed amendments to rules that government uses to curb forex smuggling, further restricting conditions for trading and holding foreign currencies.
The new legislation is an...
-
April 12,2022
Forex and gold prices increased again in Tehran’s free market on Monday amid renewed diplomatic efforts to revive the landmark Iran nuclear deal.
According to Eghtesadnews, the dollar was quoted...
-
April 08,2022
Forex rates paused on Wednesday after consecutive gains since the beginning of trading week impacting the domestic gold market.
The US dollar surged to two-month high and was traded as high as...
-
March 14,2022
Forex rates saw big swings in the past two sessions in the unofficial currency market in Tehran with prices moving up on Sunday.
-
March 11,2022
After a brief rally in the session before, foreign exchange rates retreated on Wednesday in Tehran’s unofficial market.
-
March 07,2022
After two successive declines since the beginning of the business week on Saturday, forex rates jumped again on Monday driving up gold prices.
The US dollar was traded at 259,000 rials in Tehran’...
-
March 05,2022
Foreign exchange rates continued to slide Saturday in Tehran’s free market, mostly under the influence of positive reports on the Iran nuclear deal talks in Vienna.
The dollar traded at 25,800...
-
March 04,2022
The price of US dollar and other major foreign currencies declined in Tehran’s market on Friday, after posting stability in the past week.
The dollar lost more than 1.14% against the rial and was...
-
February 22,2022
After sustaining hits in the beginning of trading week on Saturday, forex rates reversed course in the past two sessions along with the domestic bullion market.
The US dollar clawed back near the...
-
February 21,2022
Extending previous losses, forex rates plunged further in Tehran on Sunday following new reports on the progress in the Iran nuclear talks in Vienna.
The US dollar was traded at 256,300 rials in...
-
February 16,2022
Foreign exchange rates in Tehran have moved upward since the beginning of the Iranian week on Saturday after posting successive declines.
Extending a three-day rising trend, the US dollar clawed...
-
February 09,2022
After a string of losses in the beginning of the week, foreign exchange rates dipped further on Tuesday as talks over reviving the Iran nuclear deal resumed. Gold also fell.