Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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April 07,2019The governor of the Central Bank of Iran said Sunday that the long-awaited Regulated Foreign Exchange Market will be launched by mid-April. Rules for launching the first-ever forex market in Iran... -
March 18,2019President Hassan Rouhani said Monday the policy of subsidizing basic goods will continue in the coming fiscal (starts March 21), but the manner of allocating subsidized currency could change. ...
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March 17,2019Iran equity markets witnessed a stellar rally on Sunday and extended their winning streak for the eighth consecutive session. The main gauge on Tehran Stock Exchange TEDPIX soared 1,397.79 points...
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March 16,2019The benchmark index on Tehran Stock Exchange closed above the 170,000 mark on Saturday for the first time in four months. TEDPIX soared 2,009.54 points or 1.19% to finish at 171,125.0 and thus...
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March 16,2019Tehran Province accounted for almost half of the foreign exchange allocated for imported goods in the current fiscal, head of the Industry, Mine and Trade Organization of Tehran Province said. ...
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March 15,2019The acting head of Trade Promotion Organization of Iran says $46 billion in foreign currency has been allocated for imports in the current fiscal. Of this $24 billion was allocated by banks and $10...
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March 15,2019The Tehran Stock Exchange registered a stellar performance during the week to March 13, with the benchmark index TEDPIX increasing 6,289 points compared to the previous week. According to the TSE...
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March 13,2019Iran's main stock index ended Wednesday's session close to a resistance level that it has held for close to four months, boosted by continued gains for the biggest commodity shares. The TEDPIX...
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March 12,2019Further to its persistent calls for transparency and doing away with the controversial subsidy schemes, Tehran Chamber of Commerce, Industries, Mines and Agricultures called on the government to...
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March 11,2019Iranian stocks rallied as global markets reopened on Monday, prompting the benchmark index on Tehran Stock Exchange to top 167,000 for the first time since the outset of winter. TEDPIX soared 2,900...
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March 09,2019Governor of the Central Bank of Iran says the subsidized foreign currency programs for importing essential goods has failed to achieve the desired results due mainly to the dysfunctional...
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March 06,2019Governor of the Central Bank of Iran Abdolnaser Hemmati says “the government is not yet decided on the mechanism” of allocating $14 billion in subsidized currency for basic goods for the next...
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March 05,2019Head of the Plan and Budget Organization says the government is weighing three options on allocating $14 billion for importing essential goods in the next fiscal that starts on March 21. Mohammad...
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March 04,2019Foreign exchange rates dropped below the psychological level of 130,000 rials on Monday as markets prepared for relative stability before the fiscal year is out on March 20. According to local...
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March 03,2019The governor of Central Bank of Iran says the CBI has so far allocated $38 billion in foreign currency for imports. Out of this amount, $9.3 billion was allocated via Nima (the integrated forex...
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February 25,2019The soon-to-be-launched regulated foreign exchange market, the framework for which has been approved, will function as an over-the-counter market. Rules for launching the first-ever foreign...
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February 22,2019Foreign exchange rates declined on Thursday, after a week of flurry brought the US dollar close to the psychological level of 140,000 rials the previous day. According to market reports, the...
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February 20,2019President Hassan Rouhani's chief of staff has denied recent claims by selected news outlets that the government for politically motives intentionally allows increase in foreign exchange rates. "...
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February 18,2019The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of the Iranian fiscal year approaches in March. The greenback sold for 130,000...
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February 16,2019Foreign exchange rates and gold began the week in a bullish mood as the two surged on Saturday in Tehran market. The US dollar broke the psychological level of 120,000 rials and was traded for...
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February 15,2019In a bid to encourage companies to return their export earnings to the country, the Central Bank of Iran has offered a new incentive package. Depending on the exporters’ earnings and their...
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February 13,2019The Money and Credit Council - a top decision-making body - approved a proposal by Central Bank of Iran to launch a mechanism to monitor currency allocation process for imports. According to the...
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February 11,2019Governor of the Central Bank of Iran says besides the importance for the national currency to regain more of its value, the CBI remains focused also on the stability of the rial. "For the CBI it...
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February 02,2019Foreign exchange rates and gold dropped in Iran as markets reopened on Saturday in an expected response to a move by European powers on Thursday to launch a special payment channel for Iran. In...
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January 28,2019In a report to the decision-making Money and Credit Council, the Central Bank of Iran outlined the effects of subsidized foreign exchange on the price of essential goods and food. The report was...
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