Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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July 23,2019Currency rates surged in the open market in Iran following more than two weeks of bear market after demand for foreign currency rose amid expectations that the plunging forex rates had hit the... -
July 19,2019Currency rates in Tehran briefly hit six-month lows since January 9 as the US dollar was traded for 111,000 rials during the mid-day trade in the open forex market on Wednesday. Varying rates...
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July 16,2019Currency rates in Tehran have been of the descending order over the past two weeks amid noticeable decline in demand and visible efforts by the Central Bank of Iran to boost the rial. The...
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July 14,2019Currency rates continued on the downward path in Tehran on Sunday as the Central Bank of Iran mobilizes its resources to plug the gap between rates in the open market and secondary market. Since...
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July 13,2019The long-awaited regulated foreign exchange market is ready for launch but is waiting for the opportune inauguration time in order to have the best possible impact on the forex market, the CEO of...
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July 05,2019The foreign exchange rate in Integrated Forex Deals System (Persian acronym for Nima) has been hiked in recent months to come closer to the rates quoted on the Sana website that reports the average...
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July 02,2019Exporters of non-oil products have repatriated €5 billion of their export earnings to the economic cycle of the country since the beginning of the current fiscal year (started March 21), a Central...
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July 01,2019The foreign exchange rate in Tehran has been on a declining trajectory since the beginning of the Iranian week on Saturday, amid a noticeable decrease in demand for foreign currency. Each US...
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June 26,2019The Majlis Research Center says a parliamentary bill wanting to scrap the US currency from Iran’s overseas transactions would further add to the already detrimental effects of US sanctions...
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June 23,2019Governor of the Central Bank of Iran says a new trade monitoring system is in the offing to complement the Integrated Forex Deals System (known by its Persian acronym Nima). Nima is a platform...
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June 21,2019Following hikes in forex rates in the Integrated Forex Deals System, known by its Persian acronym Nima, Iranian exporters repatriated more overseas earnings to the country. Nima is the platform...
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June 21,2019The government will not change its current policy to subsidize imported essential goods and food up until next March, the government spokesman said. “There won’t be any change in the forex rates...
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June 18,2019The High Council of the Economic Coordination will convenes on Thursday to decide the fate of the highly controversial subsidized forex policy for importing essential goods, said an official...
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June 16,2019The company overseeing the soon-to-be launched regulated foreign exchange market cut the membership fees for exchange bureaus from the previously announced 1 billion rials ($7,700) to 250 million...
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June 14,2019The currency market, seemingly in calm waters for almost two weeks, shot up Thursday triggered by negative political developments. The US dollar rose 4% in the open market and was sold for 136,...
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June 14,2019The company overseeing the soon-to-be-launched regulated forex market held a meeting Wednesday to brief exchange bureaus on the role, functions and responsibilities of the new market. The meeting...
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June 11,2019The Majlis Research Center has proposed a roadmap to help wean the economy away from oil revenues by making better use of the nation’s abilities and potential for raising income and reducing...
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June 10,2019The Association of Bureaux de Change Operators of Iran will hold a briefing on Wednesday for members of the regulated foreign exchange market scheduled to be launched in the near future. In an...
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June 09,2019Currency rates are declining and have hit the lowest level Sunday compared to the past three months following mixed economic and political developments in and outside Iran. The rial clawed back...
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June 01,2019Restrictions on foreign currency trade by authorized exchange bureaus have pushed people towards the black market, chief of the founding board of Association of Bureaux de Change Operators of Iran...
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May 31,2019A member of the Tehran Chamber of Commerce, Industries, Mines and Agriculture has cast doubt on the efficacy of the new export earning repartition rules and urged the Central Bank of Iran to bear...
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May 29,2019The parliament plans to investigate the foreign exchange policy of the Central Bank of Iran during the last fiscal year that ended in March, says head of the Majlis Economic Commission. ...
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May 29,2019Currency rates continued to descend in markets across the country on Wednesday as businesses took some relief from weeks of political bickering in the region.
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May 28,2019The head of Tehran Chamber of Commerce, Industries, Mines and Agriculture has again urged the government to scrap the controversial subsidized currency policy and focus on creating the long-delayed...
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May 24,2019Iran is looking for a new channel to repatriate currency earrings from exports to Iraq, secretary general of the Joint Iran-Iraq Chamber of Commerce said. Regarding a directive issued by the...
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