Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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March 10,2020In a report on the controversial policy of the government to subsidize foreign currency for basic imports, the Majlis Research Center said it is ill-advised and a waste of scarce national resources... -
March 03,2020The Supreme Council of Economic Coordination on Tuesday extended the authority of the Central Bank of Iran for one more year to control the currency market and regulate exchange rates. ...
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March 02,2020Spike in foreign currency rates gained momentum on Monday after an average 3% climb a day earlier. Each US dollar was quoted 155,000 rials by exchange-bureaus affiliated to the Central Bank of...
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February 29,2020Foreign exchange rates and gold coin prices fell on Saturday following Central Bank of Iran measures to moderate rates after a week of high volatility. The US dollar that had leaped 9.1% the...
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February 26,2020The rial extended a losing streak against major currencies for the third day on Wednesday, pushing the Central Bank of Iran to intervene in the market to restore some semblance of calm. The US...
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February 23,2020The sharp increase in currency rates will not change the Central Bank of Iran's approach toward the market, the CBI governor said. Responding to ongoing fluctuations in the forex market,...
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February 22,2020Currency rates jumped against the rial on Saturday in Tehran market amid rising demand and apparently a shortage in supply. The US dollar was traded between 151,000 to 153,000 rials, the highest...
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February 18,2020Major currencies soared in Tehran on Tuesday amid new concerns among market participants about a decision by the Financial Action Task Force on Iran by the weekend. The US dollar was worth 14,440...
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February 16,2020Price of the US dollar reached 141,300 rials in Tehran’s open market on Sunday, the highest in the past nine months. The greenback started the ascending order in the past few weeks due mainly to...
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February 12,2020Foreign currency and gold coin prices increased in Tehran on Wednesday ostensibly influenced by the upcoming meeting of Financial Action Task Force on Feb 21. Moneychangers in Tehran sold the...
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February 11,2020Money put into the currency market yielded lower returns during the first nine months (March 20-Jan 20) of the current fiscal year compared to returns on investment in parallel markets. According...
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January 25,2020Exchange shops in Tehran on Saturday sold the US dollar at 133,500 rials, which was up 2.7%, or 3,500 rials, compared to previous working day's close. According to the Tehran Gold and Jewelry...
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January 21,2020A list of 150 companies that failed to repatriate their export revenues has been sent to the judiciary, head of Iranian Export Confederation said, noting that the deadline of the Central Bank of...
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January 17,2020Governor of the Central Bank of Iran says the bank has had at its disposal few policy options to address problems that have plagued the economy for years and came to the surface after the US...
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January 14,2020With the aim to facilitate trade in the anticipated regulated foreign exchange market, the Central Bank of Iran raised the ceiling of planned daily forex trade fivefold. According to a CBI notice...
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January 14,2020The total value of trade in Iran’s stock market registered a year-on-year growth of 118.5% during the first eight months of the current fiscal year, yielding the highest return compared to other...
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January 12,2020Companies exporting non-oil goods that fail to meet their financial commitments regarding repatriation of their overseas earnings in the previous Iranian fiscal year (March 2018-19) by the end of...
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January 11,2020Gold and currency prices fell in domestic market at the start of the week on Saturday as Tehran market began responding to de-escalation of political and military tensions in the region.
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January 07,2020Currency rates again pushed upwards on Tuesday, amid heightened political tensions in the region, but the Central Bank of Iran was quick to announce that there is no need for anxiety. The US...
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January 04,2020Foreign exchange and gold coin prices jumped on Saturday as the trading week opened in an overcast Tehran. Almost all foreign currencies gained against the rial, according to Tehran Gold and...
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January 03,2020Intervention of central banks in currency markets does not happen only in Iran, says a former head of Tehran Stock Exchange. "Central bankers around the world use a variety of methods to control...
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January 01,2020The Majlis Joint Commission has approved a proposal calling for exempting exporters of technical and engineering services and agricultural goods from currency repatriation rules. This was...
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December 30,2019Petrochemical companies provided 20% of the foreign currency needed for importing goods in the past Iranian year, the Central Bank of Iran governor said. "Nearly $29 billion was needed for imports...
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December 27,2019Central Bank of Iran’s conditions on non-oil exporters to repatriate their currency earnings has been criticized yet again by exporting countries after they reportedly received export ban warnings...
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December 13,2019A report reviewing the performance of different markets during the first seven months of current fiscal year (March-21-October.22) shows investors reaped higher returns from investment in equities...
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