Iran Currency News

Candidates attending international exams are eligible to apply for foreign currency at the official rate, the Central Bank of Iran said in a letter to the National Organization of Educational…

The Central Bank of Iran on Sunday published the full list of companies that have received foreign exchange for imports at the preferential rate of 42,000 rials. 

Iran's First Vice President Es'haq Jahangiri has sent a directive to all ministries and other related entities, which requires exports to significantly accelerate the process of repatriating…

Based on a joint scheme launched by the Security and Exchange Organization and the Central Bank of Iran, gold coin presale bonds can be traded in the bourse from Sunday, which can also be sold…

President Hassan Rouhani announced on Tuesday that he has ordered the Central Bank of Iran and the Ministry of Industries, Mining and Trade to publish the list of all individuals and firms that…

Iran National Tax Administration has announced details of the government’s initiative to levy taxes on people purchasing high amounts of foreign currencies and gold coins as investments,…

The government has finally consented to allow open market exchange rates for certain import transactions and markets reacted positively to the news, as the bull run in the foreign exchange and…

As gold coin prices are skyrocketing, the Central Bank of Iran has reached an agreement with the capital market on implementing the latest scheme aimed at controlling the bull run.

The government has agreed to consider a business community proposal to recognize a "secondary" foreign exchange market where rates are determined by supply-demand mechanism. 

Seventy days after the government decided to unify the US dollar's exchange rate at 42,000 rials and assure importers that all hard currency needs would be fulfilled at that rate, it is…

The government has curbed the allocation of foreign currency for the import of some commodities and appears set to launch a revised currency policy, Mehr News Agency cited an unnamed bank…

Despite several schemes by the Central Bank of Iran to satisfy the supply side, the gold coin rally has come a long way since the early days of the current fiscal year (started March 21).…

The Central Bank of Iran is preparing the gold market to issue bond certificates for the pre-purchase of gold coins in the capital market, the secretary-general of the monetary regulator has…

The government has allocated $15 billion of foreign exchange to imports in the 50 days since the start of the current Iranian year on March 21.

According to Government Spokesman Mohammad…

A new bull run has started in Iran's gold coin market, on the back of the rally that intensified in the current week. 

The benchmark Bahar Azadi coin crossed another psychological…

The Emami benchmark gold coin gained another 1% in Tehran on Monday and was traded at close to 25 million rials ($59), a new all-time high, according to Tehran Gold and Jewelry Union’s website.…

Gold coins kept rallying nationwide on Sunday, taking its lead from Tehran's market, in signs that investors are showing renewed interest in the safe haven asset. 

The rally, which…

The Central Bank of Iran issued new regulations governing the allocation of foreign currency to Iranians studying overseas, two months after the government tightened its control over the…

Bahar Azadi gold coin continued its upward trend to gain 800,000 rials ($19) over the four-day period ending Thursday, to close the week at 22.5 million rials. 

Iran and Russia are currently conducting bilateral trade in their local currencies, rial and ruble respectively, as well as euro, a former official of Iran-Russia Chamber of Commerce said.

The Central Bank of Iran issued a directive on Wednesday to outline the regulations and procedures governing the supply of foreign exchange to Iranians traveling visa-free overseas.  Before…

Tehran Chamber of Commerce, Industries, Mines and Agriculture has sent a letter to President Hassan Rouhani, urging his administration to consider four private sector proposals for the recent…

The government earmarked a total of $12.28 billion to all import of goods and services at the unified rate of 42,000 rials during the first 45 days since it unified the US dollar's dual exchange…

As per a new rule to address travel agents’ challenges regarding access to foreign currency, Iranian outbound tour operators will be able to receive payment orders after approval of their…

The Central Bank of Iran has removed pharmaceuticals from the list of essential items that receive subsidized foreign currency for imports, the head of the Iranian Pharmaceutical Importers…