Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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April 14,2018As Iran moves to unify its exchange rates, the government has announced new policies that give the banking system the prime role in the foreign exchange market. According to measures decided at... -
April 11,2018When the Central Bank of Iran abruptly announced the unification of the US dollar's exchange rate from Tuesday, the gold market reacted swiftly and prices declined. CBI announced late Monday...
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April 11,2018Governor of the Central Bank of Iran Valiollah Seif said the drastic decision by the government to unify the US dollar’s rate does not mean that a fixed exchange rate system would be at work, as...
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April 10,2018The Central Bank of Iran's Governor Valiollah Seif answered heated questions during an appearance in the latest open session of the parliament after the government announced late Monday that it has...
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April 10,2018The Iranian government decided to put an end to the dual exchange regime, in an attempt to control the bullish forex market and promote safety of foreign investments.
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April 08,2018The Central Bank of Iran has eliminated another use of foreign currencies at official rates, announcing through a directive that as of the beginning of the current fiscal year on March 21, students...
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April 08,2018Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central Bank of Iran...
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April 07,2018With the US dollar's exchange rate remaining above the psychological threshold of 50,000 rials in Tehran's market, lawmakers frustrated with the performance of the Central Bank of Iran in managing...
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April 06,2018Institute for Trade Studies and Research, the think tank of the Ministry of Industries, Mining and Trade, concluded in a recent report that longstanding policies practiced by consecutive...
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April 04,2018Most foreign currencies continued to gain against the rial on Wednesday in a rally that started from the early days of the current Iranian year that began on March 21. According to Fars News Agency...
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March 16,2018On Thursday, which marked the last trading day in Iran’s markets, gold coin had a slight drop of 25,000 rials ($0.51) and fetched 16.33 million rials ($336), Banker.ir, an analytical news website,...
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March 12,2018Both foreign exchange and gold markets on Monday kicked off their rallies after days of relative calm, with major foreign exchange rates registering significant gains against Iran's national...
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March 06,2018With the government’s rescue package reining in the foreign exchange market, the private sector once again voiced its objection over the administration’s adamance on keeping the national currency...
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March 06,2018The Central Bank of Iran’s main plan to control runaway foreign exchange rates has been successful, as the total value of liquidity attracted by banks from the sale of rial certificates of deposit...
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March 03,2018The Central Bank of Iran is working to fulfill the longstanding pledge of unifying the dual foreign exchange rates, despite recent volatility that unsettled the currency market. Valiollah Seif,...
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March 02,2018The new directive, which bans the use of the US dollar in import order registrations by Iranian traders, serves the double purpose of sidelining the US dollar and curbing the volatility that...
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February 28,2018Based on a directive issued by the Ministry of Industries, Mining and Trade, the ministry-affiliated National Trade System announced that as of Wednesday, all traders are prohibited from...
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February 27,2018A total of 302,511 gold coins were pre-purchased by applicants, according to Bank Melli, the lender in charge of implementing the Central Bank of Iran’s initiative to hold gold coin presale to...
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February 24,2018Rial continued its gain against the US dollar in Tehran's foreign exchange market, as the Central Bank of Iran pushed through with its rescue package to stabilize the currency that had lost a...
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February 21,2018The presale of Bahar Azadi gold coins priced at 14 million rials ($311) and 13 million rials ($288) respectively with maturity periods of six months and one year began on Saturday at Bank Melli...
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February 16,2018Foreign exchange market showed early signs of cooling on Thursday after the...
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February 14,2018As the fallout from the forex market volatility continued into Wednesday, the Cabinet approved a package by the Central Bank of Iran to stabilize the market and push speculators into a legal...
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February 14,2018The US dollar is notching new highs against the rial in Tehran’s foreign exchange market these days, while the stock market remains relatively dormant. This is while equities, especially commodity...
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February 13,2018The US dollar's bull run in Tehran's foreign exchange market continues unabated: Rial was trading at 49,000 to the dollar, down from 37,700 in mid-2017...
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February 12,2018The US dollar hit new highs against the rial on Monday, as the foreign exchange market...
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