Iran Currency News

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. …

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…

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…

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…

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…

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…

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…

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…

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…

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…

Building on earlier gains, the US dollar advanced at the start of the trading week on Saturday climbing above the psychological level of 260,000 rials in unofficial currency markets in Iran.…

Gold coin prices jumped above the all-time high of 120 million rials on Thursday as demand for the metal and foreign exchange rates soared again.    

The Central Bank of Iran on Wednesday temporarily suspended allocation of $2,200 or equivalent in foreign currency at relatively less rates to the people after price arbitrage with the free…

Foreign exchange rates gained against the rial in Tehran’s unofficial market Tuesday amid rising demand and despite large-scale forex injection by exchange bureaus affiliated to Central Bank of…

Price of the dollar increase slightly by 0.04% on Monday  to reach 246,300 rials. The currency started the week with 1.3% increase. The euro, however, lost 250 rials, or 0.87% to be quoted…

After a brief halt on Thursday, forex rates resumed rally at the start of the trading week on Saturday with the dollar gaining more than 5,000 rials in Tehran’s open market.  The greenback…

Major currencies resumed their climb versus the rial from Monday with the dollar rising more than 10,000 rials in Tehran’s open market compared to prices quoted Thursday.  The greenback…

The US dollar gained 3% against the national currency in Tehran’s free market and was sold for 230,000 rials on Monday after vacillating between 220,000-224,000 rials for two weeks.  The…

After a short-lived downturn a day earlier, major currencies climbed again on Monday with the dollar drawing closer to 220,000 rials at the end of trading session. 

The US dollar dropped by 21,000 rials on Sunday, losing close to 9% against the rial. The decline soon extended to bullion market, causing gold prices to fall about 10%. 

Gold coins recorded further increase on Wednesday with another 2.8% growth in prices compared to the previous day's close.  Emami gold coin was quoted at 113.5 million rials in the…

Major currencies closed Saturday’s session unchanged while in the bullion market prices slipped after the gold coin peaked to new highs on Thursday.  Hitting a historic high of 113.6…

Gold coin prices faltered on Tuesday in the domestic market after reaching to the all-time high a session earlier.  Emami gold coin, which hit a historic high of 112.4 million rials on…

Governor of the Central Bank of Iran Abdolnasser Hemmati has called on President Hassan Rouhani to incentivize exporters who have fulfilled their commitment to repatriate their overseas revenues…

Major currencies resumed their climb against the rial at the start of trading week on Saturday after being in check for a few sessions largely due to the intervention of the Central Bank of Iran…