Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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January 23,2019The Central Bank of Iran is working on the legal framework to launch the promised regulated foreign exchange market in two weeks, the CBI governor said. In a primetime interview with state TV... -
January 23,2019Members of the Majlis Joint Commission annulled an earlier ruling that very recently allowed import of machinery, raw materials, seeds and fertilizers without obliging importers to follow the...
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January 23,2019Gold prices are rallying again in Iran’s market, buckling the bearish trend in global markets. The benchmark Bahar Azadi gold coin in Tehran crossed 41 million rials ($357) on Wednesday which marks...
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January 22,2019Spokesman of the Majlis Joint Commission said Tuesday that the government has been allowed to issue Islamic bonds up to 290 trillion rials ($2.5 billion) in rials and foreign exchange for the next...
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January 22,2019A survey of businesses conducted by Tehran Chamber of Commerce, Industries Mines and Agriculture sought the opinion of businesses, in particular about the main challenges they face. The survey...
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January 21,2019Governor of the Central Bank of Iran said at the weekend Japan has resumed importing Iranian oil after China, South Korea, India and Turkey. Abolnaser Hemmati used Instagram to assure the public...
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January 18,2019As the Central Bank of Iran struggles to stabilize the foreign exchange market – a colossal task that has long exacted energy and focus of the regulator – some argue that the CBI’s disproportionate...
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January 18,2019The Central Bank of Iran is going to launch a mechanism for tracking forex allocated to the import of essential goods to ensure importers fulfill their commitments for which they acquired foreign...
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January 15,2019In a meeting attended by officials from the Central Bank of Iran and an association comprising players in upcoming regulated forex market on Monday, details of the mechanisms of the new market were...
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January 13,2019Governor of the Central Bank of Iran used Instagram on Sunday to announce that forex earnings and transfer to the country has gained momentum. Abdolnasser Hemmati said US hostility and spite...
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January 12,2019Foreign exchange rates surged in the Tehran market on Saturday, prompting the Central Bank of Iran to release a statement to reassure the public that it has a grip on the market. "CBI in...
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January 09,2019Rules for launching an official foreign exchange market were approved by the Money and Credit Council - a top financial decision-making body headed by the governor of Central Bank of Iran. ...
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January 08,2019The Tehran Stock Exchange has released an analysis comparing the fiscal 2018-19 budget with a year before and budgetary forecast on the capital market performance for the year ahead. It says the...
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January 06,2019Iran Chamber of Commerce, Industries, Mines, and Agriculture in a notice called on exporters to keep on repatriating their currency earning on Integrated Forex Deals System, locally known as Nima...
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January 06,2019Close to €22 billion was allocated by the Central Bank of Iran for import of essential goods during the first nine months of the current fiscal (March 21- December 21). According to the CBI...
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January 01,2019In its latest directive, the Central Bank of Iran, on Tuesday urged exporters to return their export earnings to "the country's economic cycle'' as their three-month deadline comes to an end. The...
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January 01,2019The Majlis Research Center, Iran parliament’s research arm, has taken a dim view of the preferential forex rate policy of the government in the past months and warned about the perpetuation of...
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December 28,2018After unexpected gains in currency rates over the past week, the market returned to stability on Thursday. On the last trading day of the Iranian week, the US dollar dropped below the psychological...
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December 25,2018Foreign exchange rates on Tuesday registered dramatic increases after weeks of stability that saw the rial recover much of its earlier losses. The US dollar was traded 115, 000 in the afternoon, up...
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December 18,2018As stability in the foreign exchange market takes hold, gold prices are also following suit. The benchmark gold coin market dropped again on Tuesday and fetched around 33 million rial ($335), down...
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December 14,2018Following the slump in currency rates in Tehran market, the gold coin has also dropped in value in recent weeks to reach the lowest point in the past four months. According to Mohammad Kashti-...
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December 12,2018Foreign exchange rates in Tehran were again of the declining order on Wednesday as several factors prompt the rial to pare much of its unprecedented losses since the beginning of the current fiscal...
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December 11,2018The Iranian rial strengthened sharply on Tuesday, climbing to a near three-month high against the US dollar. With the exchange rate breaking below the psychological level of 110,000, the US dollar...
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December 07,2018The Central Bank of Iran said after the creation of the secondary foreign exchange market – known by its Persian name Nima – in late April, €6.8 billion was sold by it for imports. Nima – the...
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December 05,2018Head of the Securities and Exchange Organization said the SEO is willing to launch a market for currency futures (also known as FX futures) but noted that the Central Bank of Iran has the final say...
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