Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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June 11,2018The 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. -
June 10,2018Gold 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 took off on the...
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June 09,2018The 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 currency...
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June 08,2018Bahar Azadi gold coin continued its upward trend to gain 800,000 rials ($19) over the four-day period ending Thursday. The Central Bank of Iran announced that the US dollar’s exchange rate rose...
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June 01,2018Iran 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. "Trade...
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May 30,2018The 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...
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May 30,2018Tehran 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 forex...
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May 29,2018As 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 packages...
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May 29,2018The 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...
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May 28,2018The 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...
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May 27,2018Majlis Research Center, the parliamentary think tank, has released its first comprehensive report on the current foreign exchange market situation and the reasons it was gripped by wild gyrations...
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May 26,2018The Central Bank of Iran has increased the US dollar's exchange rate for the fourth time since it unified the rate on April 9. The move is a further sign that CBI is delivering on its promise of...
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May 25,2018Chairman of Majlis Economic Commission said on Tuesday a parliamentary measure to manage the foreign exchange market is still on the agenda, but lawmakers are giving the government more time to see...
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May 23,2018Businesspeople that have validated their purchase orders are allowed to directly purchase their required foreign currencies from certified exchange shops through Nima, the Central Bank of Iran's...
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May 21,2018For the first time after the government decided to unify the US dollar's exchange rate more than a month ago, the Central Bank of Iran has allowed for a minor increase in its rate. The CBI set...
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May 20,2018Governor of the Central Bank of Iran said the exchange rates of the US dollar, which were unified at 42,000 rials last month, will not remain fixed and change 5-6% until the end of the current...
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May 19,2018As Iran is dealing with the ramifications of the government's policy announced on April 9 to unify the country's dual foreign exchange rates, the private sector has called on President Hassan...
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May 18,2018Purchase orders by merchants from the start of the current Iranian year (March 21) until May 16 has doubled compared with the corresponding period of last year, the vice president for...
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May 14,2018Tehran Prosecutor Abbas Jafari Dolatabadi said the judiciary has arrested 180 people on charges of...
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May 13,2018The Central Bank of Iran has updated rules concerning the forex ceiling for travelers when entering or exiting the country. According to a directive published on CBI’s website, travelers who...
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May 13,2018The market capitalization of companies listed on Tehran's two stock exchanges has dropped by about 33% in US dollar terms in the past 14 months due to the rial's sharp devaluation against the US...
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May 12,2018The Central Bank of Iran has allowed lenders to purchase the hard currency held by foreign tourists, transit drivers, foreign diplomatic missions based in Iran and representative offices of foreign...
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May 11,2018The Central Bank of Iran has announced allocating $6.6 billion to fulfill the country' foreign exchange needs between April 11 and May 8 at the unified rate of 42,000 rials. CBI said in a...
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May 09,2018The Central Bank of Iran announced on Wednesday that foreign exchange resources and expenditures are under full control and the banking system is prepared to meet all the hard currency needs of the...
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May 08,2018The US decision regarding Iran’s nuclear deal, whatever that may be, will not cause any disruption to the country’s economy, the governor of the Central Bank of Iran said. Valiollah Seif also...
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