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 02,2021After a short hiatus a session earlier, forex rates bounced back on Tuesday spurred mainly be political developments. -
May 31,2021The minimum capital requirement for setting up foreign exchange shops has been increased to 250 billion rials ($1.08 million) in large cities and 130 billion rials ($565,000) in other cities, the...
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May 31,2021Foreign exchange rates fell on Monday at Tehran’s currency market after two sessions of rally, as speculators increased offers to save gains. The US dollar dropped 6,500 rials or 2.8% to fetch 237...
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May 30,2021Forex rates advanced again on Sunday in Tehran building on recent gains spurred by reports of change of guard at the Central Bank of Iran. The dollar moved above the critical 240,000 rials...
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May 30,2021Currencies rallied in Tehran on Saturday after more than two weeks of stability spurring a rising trend in the domestic bullion market. Vacillating between 228,000-232,000 rials in the past week...
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May 20,2021While precious metals rise in international markets, the domestic bullion market did not waver under the omnipresent influence of the currency market in Tehran. Foreign exchange rates retreated...
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May 20,2021The Central Bank of Iran said Tuesday it is no hurry to announce new procedures for cryptocurrency exchanges. "Contrary to recent claims, the central bank is focused on a roadmap for managing the...
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May 18,2021Forex rates declined on Monday pulling down gold prices in the Iranian market. The dollar retreated after breaking past the critical 230,000 rial at the start of trading week on Saturday. The...
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May 17,2021The Iran Fintech Association, an independent body of fintech startups, has responded to attempts by parliament and financial authorities to impose restrictions on cryptocurrency exchanges. In a...
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May 16,2021Currency and gold prices rallied on Saturday in Tehran after official markets were closed for two days due to religious holidays. The dollar briefly rebounded to 230,000 rials before retreating...
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May 11,2021Currency and gold prices increased on Monday contrary to expectations of the Central Bank of Iran that rates will decline as the Iran nuclear talks in Vienna make progress. The dollar gained 2.54...
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May 09,2021Foreign exchange rates climbed on Saturday despite expectations that the prices would decline due to the diplomatic efforts in Vienna related to Iran’s nuclear agreement. The dollar was sold at...
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May 07,2021Forex and gold coin prices have become more sensitive to the rumor mills and reports about the outcome of the marathon nuclear talks between Iran and the five world powers in Vienna. Both markets...
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May 05,2021Major foreign currencies are fast losing value in Tehran amid reported panic selling with the market regulator implying that further decline is on the way. Extending a long losing streak the...
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May 04,2021The possibility of removing banking sanctions and unfreezing billions in forex assets in foreign banks are the main reason behind the sharp decline in currency prices in recent days. In a press...
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May 03,2021The Central Bank of Iran in a notification to banks and credit institutions increased the official parity rates for converting banks’ forex assets into rials. Reportedly under pressure to bolster...
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May 03,2021Apparently driven by some positive political developments, forex rates declined again on Sunday. The US dollar took a drubbing and lost more than 4.5% or 10,100 rials to temporarily fall below 220,...
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May 01,2021Foreign exchange rates in Tehran dropped sharply on Saturday and pulled down the gold market. Struggling near 230,000 rials in early trade, the dollar lost the psychological level and closed at...
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April 30,2021Extending a declining trend foreign exchange and gold prices dropped again in Tehran on Thursday. The dollar fell below 235,000 rials and the Emami gold coin was below the 100 million rials mark...
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April 30,2021Export companies sold forex hawala worth $4.8 billion to the secondary foreign exchange market, known locally as Nima, in the calendar month to April 20. Out of this only $1.3 billion was bought...
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April 24,2021Foreign exchange rates in Tehran were mostly unchanged Saturday as the market waits for the outcome of diplomatic efforts to revive the landmark Iran nuclear deal and lifting of the US economic...
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April 24,2021Foreign exchange rates were down Thursday with the dollar retreating to below 240,000 rials in Tehran's free market.
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April 21,2021Bucking a declining trend that started on Saturday, foreign exchange rates reversed course on Wednesday gaining against the national currency. The dollar scaled back above 240,000 rials for day...
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April 20,2021Currency rates in Tehran were choppy Tuesday with the dollar near the 240,000-rial support level in the free market.
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April 14,2021Gold prices were of the descending order in Tehran on Tuesday amid limping demand. The popular Emami gold coin was 0.8% lower to end the session at 104.4 million rials, shedding 800,000 rials in...
