Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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September 05,2020After 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 surged... -
September 01,2020Major 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 was traded...
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August 17,2020The 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 greenback...
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August 10,2020After 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. After losing close to 9% and...
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August 09,2020The 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%. The greenback was traded...
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August 05,2020Gold coins recorded further increase on Wednesday with another 2.8% growth in prices compared to the previous day's close.
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August 01,2020Major 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 million rials...
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July 28,2020Gold coin prices faltered on Tuesday in the domestic market after reaching to the all-time high a session earlier.
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July 26,2020Governor 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...
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July 25,2020Major 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...
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July 22,2020Currency rates were largely stable on Wednesday after losing 18% during three consecutive sessions of bear market. However, gold prices extended the slide. The USD traded at 218,000 rials for the...
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July 21,2020The rial pares some more of its losses against the US dollar on Tuesday amid a noticeable intervention by the Central Bank of Iran. The dollar dropped to 217,000 rials in the middle of the...
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July 20,2020Currencies took a drubbing in Tehran after rallying for seven consecutive days and the decline soon extended to gold prices. The rial pared earlier losses on Monday as the dollar lost more than 8...
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July 19,2020Currency rates experienced sharp swings on Sunday, with major currencies soaring again to new highs at the start of the trading session before retreating later.
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July 18,2020The US dollar made one more leap on Saturday extending a rally that has lasted for seven successive sessions. The greenback strengthened close to 5% against the rial in Tehran’s open market, adding...
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July 17,2020The US dollar extended gains against the rial on Thursday, comfortably breaking past the resistance level of 240,000 rials after falling briefly near the critical level. The greenback closed...
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July 15,2020Major currencies continued to rise Wednesday for five successive sessions with the US dollar moving closer to 240,000 rials in Tehran’s open market but sopped near the threshold. The greenback...
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July 13,2020A package was announced Monday by the CBI outlining procedures for repatriating export earnings in the current fiscal year that ends in March 2021 and also earnings of the past two years. The...
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July 13,2020Major currencies again gained against the rial on Monday with the dollar soaring above the critical 230,000 rials in Tehran’s free market. The greenback climbed 5,500 rials to 233,000 rials, 2.5...
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July 11,2020Petrochemical companies contributed 40% of the currency available at the secondary foreign exchange market, known locally as Nima, secretary general of Iran's Association of Petrochemical Industry...
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July 08,2020After a brief hiatus major currencies resumed rallies going back to their bad old ways in Tehran on Wednesday as CBI’s selected moneychangers demanded higher rates. The US dollar rose to 224,000...
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July 07,2020Iran Chamber of Commerce, Industries, Mines and Agriculture plans to set up a special committee to monitor procedures involved in repatriation of export earnings to the country that has become a...
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July 06,2020After a concerning pattern of hikes in the price of gold and foreign currency in Tehran, both assets registered decline in Monday trade. The US dollar was close to 214,300 rials in the open market...
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July 05,2020Currency rates are rising unabated in Tehran with exchange bureaus affiliated to, and working for, the Central Bank of Iran again the increased the dollar rate by 3.65% on Sunday after the 10% rise...
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July 04,2020Selected foreign exchange bureaus affiliated to the Central Bank of Iran pushed up dollar rates above the historic 200,000 rials on Saturday. This came after price gaps between the CBI...
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