Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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December 18,2021The Industries Ministry and Central Bank of Iran signed a memorandum of understanding to coordinate the foreign trade programs of the former with the forex policy of the latter. According to a... -
December 13,2021Foreign currencies Monday continued on the descending order that started on Saturday, paring more past gains. The dollar lost the psychological 300,000 rials support level and retreated to 298,000...
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December 12,2021Foreign currency and gold prices retreated from the recent highs on Sunday following some positive reports, particularly those related to reviving Iran’s nuclear deal. The dollar dropped more than...
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December 08,2021The Iranian National Tax Administration announced Wednesday that henceforth currency trade will be taxable. In a press release posted on its website, INTA said that the decision is part of the...
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December 07,2021The Central Bank of Iran will launch an electronic trade platform to register retail demand for foreign currency, the governor Ali Salehabadi said. Salehabadi was speaking during a rare tour of...
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December 06,2021The Governor of the Central Bank of Iran Ali Salehabadi said access to foreign currency is improving gradually. “CBI’s access to forex resources has improved meaningfully in the present fiscal...
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December 05,2021Supply of foreign currency to the regulated wholesale market and the secondary forex market known as Nima increased in the current fiscal year (started March), an official with the Central Bank of...
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December 04,2021The currency market in Tehran was highly volatile on Saturday, apparently riven by negative political developments that sent forex and gold prices to the highest in past 14 months. The dollar...
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November 30,2021Foreign exchange rates declined in Tehran’s free market on Tuesday, mostly under the influence of positive reports related to the new round of Iran’s nuclear talks in Vienna. Eghtesadnews website...
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November 28,2021Exchange shops affiliated to banks priced foreign currencies considerably lower on Sunday but free market rates were slightly higher. Melli Exchange of Bank Melli Iran sold the dollar at 264,124...
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November 27,2021The Central Bank of Iran has ordered moneychangers to stop selling cheaper currency to people with unspecified needs. It said the regulator will continue allocating forex for 25 services, asking...
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November 26,2021The government has delayed the plan to eliminate forex subsidies for basic goods, the Economy Minister Ehsan Khandouzi said. "The government initially decided to move towards ending the allocation...
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November 26,2021Export companies sold $18.1 billion in foreign currency in the secondary foreign exchange market, known locally as Nima, in the eight months (March 21-Nov.20). The amount was $10.7 billion in the...
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November 24,2021The US dollar gained 1.6% or 4,700 rials and was traded at 290,030 rials in Tehran’s open market on Wednesday, the highest since March. Bank-affiliated moneychangers sold demanded 271,540 rials...
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November 23,2021Foreign exchange rates continued to rise Tuesday in Tehran’s open market extending an ascending order that started on Saturday. The dollar was choppy reaching above 286,000 rials early in the day...
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November 15,2021Foreign currencies stumbled on Monday for the second straight session in Tehran’s unofficial market after a two-week rally. The dollar was down 1.25% or 3,500 rials for the day to settle at 282,...
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November 14,2021The Governor of Central Bank of Iran Ali Salehabadi has expressed hope that increase in forex revenue would help control volatility in the currency market. Salehabadi said the regulator will...
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November 13,2021While currency market observers had expected a pause in the volatile currency market after a weeklong rally, forex rates continued to climb at the beginning of the trading week on Saturday. The...
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November 12,2021The dollar reached 284,240 rials on Thursday in Tehran’s open market, the highest rate since the beginning of the calendar year in March 2021. The greenback started the week at 276,000 rials,...
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November 10,2021Forex and gold prices climbed on Wednesday extending the upward trajectory that started on Saturday. The dollar closed slightly above 283,000 rials in Tehran’s open market, notching up 0.8%. It...
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November 07,2021Foreign exchange rates advanced on Sunday for the second straight day in Tehran’s open market pushing up the domestic bullion market. The dollar closed at 279,900 rials, gaining 0.61% or 1,700...
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October 25,2021The government's plan to eliminate forex subsidies will not be implemented this month despite insistence from several quarters. The subsidized foreign currency policy ($1=42,000 rials), which came...
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October 16,2021The Majlis Research Center scrutinized the policy of “curbing exchange rates” adopted by successive governments and concluded that it has harmed the economy in more ways than one. In a report the...
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October 13,2021The dollar bucked the declining trend on Wednesday after falling below the psychological support level of 270,000 rials a session before. Trade under the support level was short-lived as rates...
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October 12,2021Forex and gold prices continued to decline in Tehran market on Tuesday. The dollar was sold at 271,200 rials during the day posting 1.37% or 3,700 rials decline compared to Monday's close. It was...
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