Iran Currency News

The Central Bank of Afghanistan raised concerns about the increasing smuggling of US dollars to neighboring countries, especially Iran, from Afghanistan and warned that this could further impact…

Central Bank of Iran Governor Abdolnasser Hemmati announced on his Instagram page that €3.2 billion have been allocated for the import of essential goods in the past one month. Hemmati added…

The first quarter of the current Iranian year (March 21-June 21) saw exports and imports in dollar terms of “Fishing” sector register the most remarkable changes, the Statistical Center of Iran…

Members of Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Board of Representatives convened on Tuesday to discuss the latest status of the economy, particularly the anguish…

The Central Bank of Iran notified a directive on Monday, elaborating on rules based on which exporters are required to bring back their export earnings into the “economic cycle” of the country.…

President Hassan Rouhani on Saturday weighed in on foreign exchange volatility that has seen the rial sink to consecutive record lows since April, saying that the crisis has been triggered by…

Iran’s rial recouped some of its losses after hitting a record low against the US dollar on Thursday on the open market, according to reports, as the economy continues to face pressure from the…

Iranian government’s fight with hoarding is heating up. 

Back-to-back reports being published on police confiscating goods in warehouses across the country are meant to assure…

While the unofficial currency market enters a bull run, a Central Bank of Iran official said trade in the Secondary Forex Market is increasing, with deals breaking a record on Tuesday. …

President of Iran Chamber of Commerce, Industries, Mines and Agriculture called for the total elimination of cheap currency offered at the 42,000-rial exchange rate. Speaking at the 77th…

As the intense rally persists in the foreign currency market, the Central Bank of Iran issued a statement on Tuesday to assure the public that the bank's main concern continues to be provision…

Seventy-five new items have been included among essential goods that can be imported by receiving foreign currency at the subsidized rate.

This has been announced by Minister of…

The foreign exchange market intensified its rally on Monday, with the rial dropping to new lows against most major currencies. 

According to reports from currency exchange houses…

Airlines have recently voiced concerns about their future operations, underscoring their most serious problems in a letter to President Hassan Rouhani. 

The currency and gold coin markets heated up again on Sunday, keeping up a rally that started from the beginning of the trading week on Saturday. 

The rally was apparently sparked…

The US dollar has been completely eliminated from trade deals conducted between Iran and Iraq due to US sanctions and the neighboring countries have shifted toward the euro and national…

Majlis Economic Commission welcomed the new foreign exchange policies introduced by the government on August 6 and believes that these policies, along with the appointment of the new Central…

Figures show that Nima, the online foreign exchange system set up by the Central Bank of Iran at the behest of the government, is increasingly being embraced by traders following forex policy…

The Central Bank of Iran said in a statement that hard currency for students at the official rate will be paid only for the first academic half-year of 2018. Thus, students will receive the…

In a letter to the Central Bank of Iran governor Abdolnasser Hemmati, Minister of Industries, Mining and Trade Mohammad Shariatmadari announced the list of imports exempted from paying the 28,…

Foreign exchange witnessed a fresh rally in the open market, which was accompanied by a surge in the price of gold coin. 

On the Central Bank of Iran's website Sana that reports the…

Latest figures from transactions conducted in the Central Bank of Iran's online system for foreign currency deals as well as those handled by exchange shops show that both payment orders and…

The Central Bank of Iran on Saturday notified a directive to the banking system, which sets foreign currency deposit interest rates and doubles down on the previous promise of guaranteed returns…

The retrospective application of Clause Five of the government’s new foreign currency on imports is against the law, the chairman of the parliamentary faction focused on fighting corruption and…

The new forex policy, announced last week by the Central Bank of Iran, which will partially remove the ceiling for the price of the dollar and allow more freedom for market changes, has…