Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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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... -
May 24,2019The Association of Bureaux de Change Operators of Iran has called on members wanting to participate in the regulated foreign exchange market to register. Set up with the aim of stabilizing the...
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May 22,2019The Securities and Exchange Organization is planning to launch foreign exchange futures contracts after a reference price for foreign currency is discovered in the soon-to-be launched regulated...
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May 21,2019The Central Bank of Iran supplied over $6 billion in foreign currency for importing goods in two months since the beginning of the current fiscal on March 21. CBI Governor Abdolnasser Hemmati...
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May 21,2019The regulated foreign exchange market can and should help in stabilizing foreign exchange rates and in the process eliminate rent-seeking and corruption because trade will be conducted in an open...
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May 20,2019The Central Bank of Iran has announced a new set of rules for repatriation of export earnings in the current fiscal (March 2019-20). In a directive published on the CBI website Monday, it...
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May 20,2019Currency rates have been of the declining order since last Tuesday amid widespread presence of the Central Bank of Iran in the market and reports about easing political tensions. Each US dollar,...
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May 17,2019In the previous fiscal (March 2018-19) exporters repatriated $18.7 billion of their export earnings to the country, the Central Bank of Iran Governor Abdolnasser Hemmati wrote in an Instagram post...
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May 15,2019Euro and the Chinese yuan topped the Central Bank of Iran's list of subsidized currencies allocated for imports in the past 13 months, with USD at the bottom of the list. Department of Economic...
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May 11,2019A report by Tehran Chamber of Commerce, Industries, Mine and Agriculture shows the foreign exchange market recorded the highest return in the previous fiscal (March 2018-19) compared to a year...
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May 08,2019Currency rates have been rising in Iran’s open market amid the negative psychological climate created by the ongoing political developments and investors’ uncertainty about what the future holds...
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May 06,2019If there has been an acute need for structural reforms and fiscal probity in Iran it is now. Much has been said and written about the role, compulsion and significance of transparency and openness...
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May 04,2019Since the beginning of the current fiscal (March 21) over 2.2 billion has been sold via the Integrated Forex Deal System, locally known as Nima, the Central Bank of Iran reported. Nima is a...
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May 03,2019Amid the upbeat in the Tehran stock market, gold and currency closed the week bullish despite decline in international gold prices. The US dollar briefly climbed above the resistance level of 145...
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April 27,2019The regulated foreign exchange market that is slated to commence work by mid-May has already launched its pilot trade. According to details provided by IBENA website -- affiliated to Central Bank...
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April 24,2019Despite apprehensions that currency rates would soar after US announcement on Monday that it was ending sanction waivers on Iran oil importers, the forex market response to the news remains...
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April 21,2019After undergoing a correction phase on Wednesday, stocks soared again on Saturday to break another record. The main gauge of Tehran Stock Exchange, TEDPIX, rose 4,464 points and lifted the index by...
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April 17,2019Tehran Stock Exchange lost close to 1% in Wednesday trade. The TSE’s main index, TEDPIX, shed 1,972 points to stand at 199,918 points, dropping below the supportive level achieved barely two days...
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April 16,2019After recording a whopping growth of 5,700 points on Monday, the main gauge of Tehran Stock Exchange continued its upward movement on Tuesday. TEDPIX recorded a fresh record by entering the 202,000...
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April 14,2019After previously limiting foreign exchange transactions in the United Arab Emirates, the Central Bank of Iran has reportedly reactivated the remaining channels there to help increase hard currency...
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April 13,2019With last week's brief volatility behind, the currency market in Tehran experienced more stability on Saturday. The US dollar, which had surged above the resistance level of 140,000 rials last week...
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April 12,2019Bank-affiliated exchange bureaux are required to cut the cost on money transfers in order to facilitate currency deals in banknote and hawala, the Central Bank of Iran reported on its website. ...
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April 12,2019Since the beginning of the current fiscal (March 21) to April 10 an estimated €420 million plus was deposited with Nima (Integrated Forex Rate System). The amount includes both Central Bank of Iran...
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April 09,2019Stocks continued their unabated surge on Tuesday, making the benchmark index TEDPIX 2.6% shy of its own historic high. The surge comes as foreign exchange rates remain bullish and a stampede of...
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April 08,2019Currency rates and gold prices continued their steady rise in Tehran amid a bull run in the stock market. On Monday the US dollar climbed above the resistance level of 140,000 rials for the first...
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