Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
-
August 05,2018Ongoing currency fluctuations in Iran have the potential to put a dent in the strong growth of the country’s payment network, the head of Informatics Services Corporation, the company in charge of... -
August 05,2018Rial rebounded on Sunday, in anticipation of Central Bank of Iran Governor Abdolnasser Hemmati's announcement of the new plan to calm forex market volatility that has seen Iranian currency sink to...
-
August 04,2018The Central Bank of Iran has established an exclusive online system to allocate foreign currencies at cheap government rates to innovative and knowledge-based firms in collaboration with the...
-
August 04,2018First Vice President Es'haq Jahangiri announced that the new foreign exchange plan, which is intended to address the recent volatility in the currency market, has been approved by the High Economic...
-
August 03,2018The government's new package to salvage the volatile currency market agrees with the lawmakers' own plans for strengthening the rial, the chairman of Majlis Economic Commission said. Mohammad...
-
August 01,2018As markets await the government’s new foreign exchange plan to combat the intense volatility, speculation about the contents of the package abounds. Mohammad Reza Pour-Ebrahimi, chairman of...
-
July 31,2018A top tourism official highlighted the untapped potential of the tourism sector to attract foreign currency inflows at a time the government is grappling with a currency crisis. "Over five...
-
July 31,2018Foreign exchange rates in Tehran's unofficial market declined in a sign that the bull run has slowed, following the Central Bank of Iran's announcement that it will soon unveil a package of new...
-
July 30,2018Abdolnasser Hemmati, the newly-appointed governor of the Central Bank of Iran, said the ongoing volatility in the currency and gold markets is "unusual" and a byproduct of "enemies' conspiracy". ...
-
July 29,2018The US dollar's rally in the unofficial foreign exchange market, along with other major currencies, is gaining in intensity. Iranian currency hit a record low on Sunday at 100,000 rials to the...
-
July 29,2018The Iranian Hoteliers Association is reviewing its pricing policy to allow hotels to offer a double-currency payment system, a move aimed at mitigating the fallout from a volatile currency market...
-
July 28,2018The Central Bank of Iran has supplied $239 million over the past three months at the official exchange rate to satisfy public demands for foreign currency to pay for medical, educational,...
-
July 28,2018As the negative consequences of the government’s policy in enacting a single exchange rate for the US dollar are becoming clearer, report from local media suggest that the government is finally...
-
July 27,2018Amid various suggestions for reforming the travel money policy, Iran's Cultural Heritage, Handicrafts and Tourism Organization, as the country's top tourism authority, has proposed the allocation...
-
July 27,2018A third unofficial foreign exchange market has emerged, despite the government's efforts to prevent the turbulent currency market from spiraling out of control, a lawmaker warned. "In fact, a third...
-
July 27,2018In a bid to ease Iranian technology firms’ access to hard currencies to bring goods into the country and receive services from international companies, the ICT Ministry with the assistance of two...
-
July 25,2018The Majlis Economic Commission criticized the government’s poor handling of a crisis that hit the hard currency market in April and stressed the need for measures to boost the Secondary Forex...
-
July 23,2018Foreign exchange rates and gold coin prolonged their rallies on Monday, amid news of President Hassan Rouhani deliberating changes in his economic team, which will likely replace the governor of...
-
July 22,2018After a period of calm, the US dollar is once again surging in the unofficial market along with other major currencies against the rial. The forex rally is joining hands with gold coins to form a...
-
July 22,2018A top official with Iran's Cultural Heritage, Handicrafts and Tourism Organization has called into question the recently released data pointing to the amount of hard currency that has flown out of...
-
July 21,2018Confirming rumors of an imminent change in the Central Bank of Iran’s policy to allocate subsidized currency to outbound tourists, the head of CBI’s Forex Policies & Regulations Department has...
-
July 21,2018The supply of currency to the Secondary Forex Market will decrease in the coming months, as export gains will fall due to the government’s current approach toward exports and the rising demand for...
-
July 18,2018Two goals set have been set for the recent establishment of the so-called “Secondary Forex Market”, namely meeting the country’s monetary needs through non-oil exports and setting a non-government-...
-
July 18,2018The government’s policy to allocate dollars and euros to companies at a fixed rate of exchange was the best policy, a deputy minister of economic and finance affairs said. Hossein Mir-Shojaeian...
-
July 17,2018A total of $312 million were allocated by the Central Bank of Iran to people traveling abroad in the roughly three months that has passed since the Iranian government decided to unify the country's...
Pages
