Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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October 02,2021The Central Bank of Iran says it has plans to further increase the repatriation of foreign currency by exporters, noting that it is not too concerned about meeting forex demand. "The integrated... -
September 29,2021After almost a month of relative stability, foreign exchange rates jumped Wednesday in Tehran’s open market.
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September 28,2021The government’s plans to end subsidized currency for importing basic goods will expose companies to increasingly higher working capital needs. Head of the Agriculture Commission of Tehran Chamber...
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September 14,2021The government will put on end to paying subsidized foreign currency to import pharmaceuticals, the health minister said. “Allocating subsidized currency creates the ground for rent-seeking and...
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September 14,2021Foreign exchange rates on Tuesday pared most of loss incurred on Thursday and in the process lifted gold prices in the domestic market. The dollar advanced above the 270,000 level in Tehran’s open...
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September 13,2021Currencies pulled back against the rial on Monday in Tehran’s market though some of the losses were pared later. The dollar briefly fell below the psychological 270,000 rials in the early hours of...
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September 10,2021Foreign exchange rates extended gains on Thursday after the dollar advanced above 270,000 rials a session before. The greenback closed more than 1% higher or 2,900 rials, reaching 278,200 rials in...
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September 08,2021The forex market in Tehran was volatile on Wednesday as most foreign currencies posted gains reportedly spurred by expectations arising mainly from political developments. The dollar vacillated...
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September 08,2021Soymeal prices in the domestic market have soared by 200% compared to last year, says the head of Food Wholesalers Association, noting that soybean imports are entitled to subsidized foreign...
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September 05,2021Prices in the currency and gold markets surged Sunday after some stability in four sessions. However, the precious metal outpaced forex rates buoyed by rising trends in international markets. The...
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August 31,2021After holding back two days, foreign exchange rates clawed back on Tuesday, paring some of the losses.
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August 30,2021Foreign exchange rates pared more of their previous gains on Monday dragging down gold prices in the domestic market.
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August 29,2021After days of consecutive rallies, foreign exchange and gold prices dropped in Tehran on Sunday spurring a bout of selling.
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August 28,2021The dollar advanced above the critical 280,000 rials at the start of trading week on Saturday as the national currency is tanking under a fresh bout of volatility.
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August 27,2021Foreign exchange rates extended gains against the national currency on Wednesday with the dollar getting closer to the critical 280,000-rial level. Currencies were traded moderately in the middle...
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August 24,2021Major currencies rallied sharply in the early hours on Tuesday in Tehran but pared some of the gains in the middle of the day. The dollar crossed above 278,500 rials in the open market before...
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August 21,2021Foreign currencies continued to gain against the rial during the six-day lockdown in the unofficial market in Tehran as geopolitical risks loom and uncertainty mounts in the region and beyond.
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August 11,2021Extending a week-long rally at Tehran foreign exchange market, the dollar advanced above the 260,000-rial level to reach the highest level in nine months.
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August 10,2021The ascending order of forex rates in Tehran continued on Tuesday with the dollar moving above 260,000 rials in the open market. The greenback climbed more than 1.7% or 4,400 rials and was quoted...
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August 10,2021Foreign exchange rates increased for the third consecutive session on Monday with the dollar quoted as high as 258,500 rials in Tehran open market. The domestic bullion market however, was down in...
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August 01,2021Building on last week’s gains, foreign exchange rates rallied in Tehran at the start of the business week on Saturday pushing up prices in the domestic bullion market. The dollar briefly touched...
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August 01,2021The rising trend in Tehran’s foreign exchange market bucked on Sunday along with gold prices. After briefly touching 260,000 rials a session earlier, the dollar retreated Sunday dropping more than...
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July 27,2021In wake of the rising trend that started last week, the US dollar crossed above the critical 250,000 rials on Tuesday in Tehran’s open market. The greenback was quoted at 251,200 rials, 0.6% or 1,...
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July 19,2021Parliament on Monday passed a law that criminalizes export companies that fail to return their overseas income to the country. The new legislation is an amendment to Combating Goods and Foreign...
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July 14,2021Forex rates declined on Wednesday in Iran as positive reports about Iran’s access to its overseas frozen assets weakened sentiment in the currency market. The dollar lost more than 1.2% or 3,000...
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