Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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June 28,2020Major foreign currencies rallied again in Tehran’s open market on Sunday with the dollar bouncing back to 202,000 rials, up 2.5% overnight. One euro fetched 226,000 rials, up more than 3%... -
June 26,2020Iran’s national currency pared more of earlier losses on Thursday, gaining 5.6% against the dollar in two days after tanking to all-time lows on Tuesday. The US dollar had gained 13% against the...
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June 24,2020The US dollar paused on Wednesday following two weeks of strong rallies after Central Bank of Iran reportedly stepped in to stop further deprecation of the rial. ISNA reported that the CBI...
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June 24,2020Iranian rial hit new lows against major currencies on Tuesday with the US dollar breaking above the psychological 200,000 rials. After tumbling near the critical level a day earlier, the...
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June 20,2020Major currencies continued to gain against the rial on Saturday with the dollar breaking past the critical 190,000 rials. The greenback was traded at 190,500 rials for the day, up more than 2,500...
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June 19,2020The US dollar added another 2,500 rials on Thursday in Tehran's free market to close trade at 187,500 rials -- the highest closing price ever. Its latest ascend started last Saturday and raised...
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June 13,2020Foreign exchange trade in the secondary market, known as Nima, declined significantly in three months since the beginning of the current fiscal year (March 20) up to June 13 compared to the similar...
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June 12,2020Major currencies on Thursday hit the highest rates since September 2018 with the dollar traded at 180,000 rials in Tehran’s open market. One euro fetched 203,000 rials and the UK pound sterling...
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June 05,2020Governor of the Central Bank of Iran says the bank has put an end to the unreasonable practice of injecting foreign currency into the market to control forex rates. "Pumping forex into the market...
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May 27,2020The currency market experienced a significant downturn on Wednesday after more than two weeks of bull market amid a noticeable decline in forex trade in Tehran’s open market. Drop in currency...
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May 20,2020The ascending order of the US dollar and euro continued on Wednesday, being sold respectively at 178,000 rials and 194,000 rials in Tehran's open market. The greenback was traded 0.9% higher than...
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May 17,2020The US dollar surged above the critical 170,000-rial level on Sunday at the moneychangers affiliated with the Central Bank of Iran. The moneychangers traded the dollar at 170,230 rials, up 2,300...
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May 17,2020Following reports that the Central Bank of Iran has allowed companies to import goods “without transferring foreign currency”, the CBI outlined conditions for doing so. The so-called import...
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May 16,2020Major currencies started trading week on a positive note after recording a brief drop on Thursday. The US dollar fetched 172,000 rials in Tehran’s open market on Saturday, registering 1.68%...
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May 12,2020Price of the US dollar passed over 170,000 rials in Tehran on Tuesday, hitting a 20-month high. Emami gold coin also recorded an all-time high on Tuesday climbing to an unseen 70.087 million rials...
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May 11,2020Currency prices shot up again on Monday in Tehran as bank-affiliated moneychangers tagged the US dollar at 165,000 rials -- the highest in the past 20 months. Cold coin prices also increased by...
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May 10,2020Lawmakers on Sunday voted in favor of modifying laws related to currency and goods smuggling, increasing fines and penalties for those who smuggle foreign currency to and from Iran. They set a...
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May 09,2020Gold in the domestic market is being traded at all-time highs with analysts warning about bubbles in the price of the precious metal. Emami gold surged more than 2.5% Saturday and was traded at...
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May 05,2020The government decision to lop four zeroes off the national currency could have some positive impact on the stock market, analysts say. The move would seemingly have little influence on the...
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May 02,2020The widening gap between the bid prices of foreign currency and their purchase in the secondary forex market could undermine the export sector growth, head of Iran Export Confederation said....
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April 26,2020A review of the performance of financial markets in the 2019-20 fiscal shows investment in the currency and gold market yielded the lowest returns, and the stock market delivered the highest...
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April 25,2020Foreign currency rates jumped 58.5% in the last calendar month to April 19 in the secondary forex market, known as Nima, compared to the same month last year.
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April 22,2020Major currencies gained against the rial Wednesday with the USD heading upward after breaking past 160,000 rials. It was traded as high as 162,400 rials at Tehran’s open market up 2,400 rials...
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April 18,2020Foreign currency rates declined in Tehran’s open market on Saturday for the third consecutive day with the downturn extended to the gold market. The US dollar was traded 156,000 rials, down from...
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March 16,2020Currency rates soared sharply in Tehran on Monday amid warnings that the prices are driven more by speculators and less by fundamental factors. Following a period of steep volatilities, the forex...
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