Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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December 01,2018The Central Bank of Iran in a directive on Saturday announced rules and regulations for selling and buying foreign currency of export earnings at authorized exchange bureaus. It says the... -
November 30,2018Gold prices in Tehran fell 10% during the week to November 29 following the drop in foreign exchange rates. Mohammad Kashtiaray, president of the Special Gold and Jewelry Commission of the Iran...
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November 30,2018Following the recent decline in foreign currency rates, the price of goods which leaped (thanks to earlier exchange rate rises) over the past several months is expected to fall again, says Mohammad...
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November 28,2018Foreign exchange rates in Tehran’s market dropped below the support level of 120,000 rials on Wednesday as foreign currency rates continue to decline in the open market. The US dollar was traded...
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November 25,2018Foreign exchange rates are of the declining order in the final days of November thanks to a stronger presence of the Central Bank of Iran in the market and optimism that Iran will continue to sell...
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November 19,2018Iran’s central bank has communicated the details of the latest currency repatriation rules that oblige all exporters to repatriate their earnings. The directive has four clauses, as reported on...
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November 19,2018The Central Bank of Iran will soon launch a formal foreign currency market where dealings will take place at free rates, the bank’s governor said Monday. Abdolnasser Hemmati said this in his...
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November 16,2018Currency and gold markets in Iran registered one of their biggest weekly declines in recent months despite the re-sanctioning of wide sectors of the economy by the Trump White House. On Thursday...
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November 13,2018Foreign exchange rates continued their downward trend on Tuesday even as new US sanctions are being imposed on Iran. According to reports from the open market, the rial was traded for 136,500 rials...
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November 11,2018The rial has been keeping relatively steady since the reimposition of US sanctions last week, a fact reflected in official comments in Tehran that much of the impact of the sanctions have already...
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November 05,2018As Iran's national currency has lost considerable value in recent months, local hotel operators are now calling for a two-tier pricing system. The proposal is fiercely opposed by tour operators...
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November 03,2018The rial rallied on Saturday paring much of its losses during the past week even as the US sanctions on Iran's oil exports are certain to take effect by Monday. According to reports from exchange...
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October 31,2018Foreign exchange rates on Wednesday continued their upward trajectory with the US dollar crossing the resistance level of 150,000 rials in Tehran's open market. Currency rates were mostly stable...
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October 28,2018Foreign exchange rates gained on the Tehran currency market on Sunday for the first time after a period of stability with the dollar again crossing the resistance level of 140,000 rials. In late ...
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October 23,2018Much as the Iranian national currency's steep devaluation in recent months gave rise to challenges, it has also provided a boost to the country's trade balance on the back of surging exports and...
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October 20,2018The central bank governor said volume of foreign currency trade in the secondary market amounted to €7.3 billion in the past two months. Abdolnaser Hemmati predicted that this amount would...
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October 19,2018Iran's private sector remains steadfast in its opposition to recent currency repatriation rules lately adopted by the government with the supposed aim of bolstering currency reserves and fostering...
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October 14,2018The currency market in Tehran stabilized further on Sunday with the USD exchange rate dropping below the support level of 14,000 rials. The greenback was traded for 138,000 rials on the open...
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October 08,2018The Central Bank of Iran governor Abdolnaser Hemmati said more than $3 billion has been earmarked for the import of pharmaceuticals since the beginning of the current fiscal in March, IBENA...
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October 08,2018Iran's currency market has lost some of its fluctuating fervor in the past few days, leading to hopes that airlines will also bring down their skyrocketing prices, as some have already done so. "...
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October 06,2018Selling continued on Saturday for stocks, with the Tehran Stock Exchange main gauge, TEDPIX, logging a third straight drop after getting hit by another jump in the rial value and investor...
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October 05,2018Figures from the Central Bank of Iran show that foreign currency revenues from non-oil exports from August 7 to October 3 through Nima–the Integrated Forex Deals System launched by the government...
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October 03,2018The Central Bank of Iran on Wednesday allowed currency exchange houses to sell hard currency up to €5,000 to anyone wanting to buy as the bank struggles to stabilize the foreign exchange market...
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October 02,2018The Iranian rial continued its rally on Tuesday after weeks of depreciation had sent it to a series of record low. New gains for the national currency came unexpectedly as people rushed to exchange...
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October 01,2018The rial on Monday pared more of its losses in the open foreign exchange market and was traded at around 154,830 to the US dollar. According to the Tehran Gold and Jewelry Union's website, the...
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