Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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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... -
July 06,2021Forex and gold prices posted slight gains on Tuesday in Tehran paring some earlier losses. After pulling back to the critical 250,000-rial level a session earlier, the dollar was quoted at 251,...
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July 06,2021Foreign exchange rates declined in Tehran’s free market on Monday amid uncertainty about the nuclear talks in Vienna and emergence of the fifth wave of Covid-19 infections across the country. The...
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July 04,2021The Central Bank of Iran says volatility in the currency market is ephemeral. In a press release published on its public relations website, it said “macroeconomic variables improved last year...
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July 03,2021Foreign exchange rates in Tehran started the week without fanfare as the market takes a wait-and-see approach given the uncertainty surrounding the extended nuclear talks in Vienna and the...
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July 01,2021The dollar continued to gain against the national currency on Wednesday strengthening above the critical 250,000-rial level. In choppy trade the greenback made a brief retreat to 250,000 rials...
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June 30,2021Foreign exchange rates continued to rise on Tuesday with the dollar crossing the 25,000-rial range -- the highest in 11 weeks. The dollar was sold at 251,300 rials in Tehran's open market, up 1....
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June 28,2021The currency market recovered from a brief hiatus a session earlier to resume past rallies on Monday and bolstered the domestic bullion market.
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June 20,2021Foreign exchange rates continued to decline in Tehran on Sunday as the rial got a long-awaited boost following reports that talks in Vienna to restore Iran’s nuclear deal were in the final round.
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June 20,2021Gold prices declined sharply on Saturday in Tehran amid a rush of sellers following a steep downturn in world markets. The popular Emami gold coin lost more than 4.8% and was quoted at 103.1...
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June 19,2021After posting a slight increase a session earlier, foreign exchange rates advanced on Thursday with the dollar strengthening above 240,000 rials.
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June 17,2021Foreign exchange rates increased slightly on Wednesday with the dollar crossing the 241,000-rial threshold in Tehran's free market.
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June 14,2021Iran’s Trade Promotion Organization has launched on online platform to enable exporters to enquire about their forex repatriation commitments. “This would enable them to check how much [money]...
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June 03,2021The private sector is concerned about possible government intervention in the currency market to artificially reduce prices, a member of the Tehran Chamber of Commerce, Industries, Mines and...
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June 02,2021After a short hiatus a session earlier, forex rates bounced back on Tuesday spurred mainly be political developments.
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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 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 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 20,2021The 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 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 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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