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April 23,2022
The Central Bank of Iran allocated $11 billion for importing goods in one month since the beginning of the current fiscal year (March 21), a CBI official said.
“Four billion dollars was for...
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April 19,2022
The Economy Minister Ehsan Khandouzi said Tuesday the government is determined to take the first step towards gradually eliminating subsidized currency in this fiscal year.
"For sure the...
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April 13,2022
The Majlis has passed amendments to rules that government uses to curb forex smuggling, further restricting conditions for trading and holding foreign currencies.
The new legislation is an...
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April 12,2022
Forex and gold prices increased again in Tehran’s free market on Monday amid renewed diplomatic efforts to revive the landmark Iran nuclear deal.
According to Eghtesadnews, the dollar was quoted...
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April 08,2022
Forex rates paused on Wednesday after consecutive gains since the beginning of trading week impacting the domestic gold market.
The US dollar surged to two-month high and was traded as high as...
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March 14,2022
Forex rates saw big swings in the past two sessions in the unofficial currency market in Tehran with prices moving up on Sunday.
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March 11,2022
After a brief rally in the session before, foreign exchange rates retreated on Wednesday in Tehran’s unofficial market.
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March 07,2022
After two successive declines since the beginning of the business week on Saturday, forex rates jumped again on Monday driving up gold prices.
The US dollar was traded at 259,000 rials in Tehran’...
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March 05,2022
Foreign exchange rates continued to slide Saturday in Tehran’s free market, mostly under the influence of positive reports on the Iran nuclear deal talks in Vienna.
The dollar traded at 25,800...
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March 04,2022
The price of US dollar and other major foreign currencies declined in Tehran’s market on Friday, after posting stability in the past week.
The dollar lost more than 1.14% against the rial and was...
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February 22,2022
After sustaining hits in the beginning of trading week on Saturday, forex rates reversed course in the past two sessions along with the domestic bullion market.
The US dollar clawed back near the...
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February 21,2022
Extending previous losses, forex rates plunged further in Tehran on Sunday following new reports on the progress in the Iran nuclear talks in Vienna.
The US dollar was traded at 256,300 rials in...
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February 16,2022
Foreign exchange rates in Tehran have moved upward since the beginning of the Iranian week on Saturday after posting successive declines.
Extending a three-day rising trend, the US dollar clawed...
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February 09,2022
After a string of losses in the beginning of the week, foreign exchange rates dipped further on Tuesday as talks over reviving the Iran nuclear deal resumed. Gold also fell.
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February 07,2022
The Central Bank of Iran is working on measures to help attract more foreign currency to the banks.
Ahmad Lavasani, head of the High Council of Iran Exchange Shops Union, says the CBI will...
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February 05,2022
Foreign exchange rates plunged and the rial strengthened on Saturday amid new reports about progress in negotiations to revive the Iran nuclear deal.
The dollar lost more than 3.6% against the...
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February 02,2022
Foreign exchange rates fell again on Wednesday in Tehran amid optimism among traders over the outcome of the ongoing talks between Iran and world powers in Vienna to restore the landmark 2015 Iran...
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January 17,2022
After a short-lived rally a session earlier, currency prices paused Monday dragging down prices in the domestic bullion market.
The US dollar closed at 274,800 rials in Tehran’s unofficial market...
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January 16,2022
Tehran’s currency market opened lower Saturday as fears of further decline sparkled a new bout of selling.
After big losses in the recent past, the US dollar relatively stabilized last week...
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January 09,2022
The rial added to recent gains on Sunday as major foreign currencies retreated. The dollar lost 3% at the Tehran’s open market or 9,000 rials to settle at 275,500 rials at the close of the session...
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January 07,2022
Foreign exchange rates fell again on Thursday in Tehran amid optimism among traders over the outcome of the ongoing talks between Iran and world powers in Vienna to restore the landmark 2015 Iran...
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January 04,2022
Forex rates declined in Tehran’s free market on Tuesday apparently due to guarded optimism over the new round nuclear talks in Vienna.
The dollar was quoted at 291,800 rials posting more than 1%...
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December 28,2021
Foreign currencies pulled back on Tuesday in Tehran after weeks amid declining expectations arising from long-awaited positive political developments.
The dollar dipped further after losing the...
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December 24,2021
The reported government move to eliminate forex subsidies for import of basic goods would pose importers with new liquidity problems, businesspeople say.
The government has called for putting an...
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December 20,2021
Forex and gold prices saw meager growth on Monday except for the Turkish lira that posted another significant drop during the day.
Moneychangers sold the dollar at 301,000 rials slightly higher...