Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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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... -
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 03,2021Apparently 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 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 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...
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April 12,2021The dollar was 0.75% higher Monday in Tehran's free market to reach 250,100 rials.
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April 10,2021Foreign exchange rates dropped on the last day of trading week Thursday, distressing prices in the domestic bullion market. The dollar lost close to 1.5% against the national currency to fetch...
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April 07,2021Foreign exchange rates rose again on Tuesday with the dollar surging above the critical 250,000 rials level.
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April 03,2021Prices in Tehran’s currency and gold market dropped sharply as official trade resumed on Saturday after the annual two-week Nowrouz holidays, marking the Iranian new year. The dollar lost close...
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March 06,2021The domestic bullion market opened lower on Saturday influenced by the downside in international gold markets. The Emami gold coin was traded as low as 103.5 million rials losing 4.5 million...
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March 03,2021Foreign exchange rates and gold coin prices declined on Tuesday in Tehran’s market, after posting gains on Monday. Each US dollar was traded at 251,480 rials in Tehran’s free market, marking a...
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March 02,2021Foreign exchange rates and gold coin prices started rising on Monday, mostly under the influence of political developments, such as the recent partial release of Iran's frozen assets in South Korea...
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February 28,2021Governor of Central Bank of Iran Abdolnasser Hemmati says the regulator is steadfast in the belief that market forces should determine forex rates. "The central bank has a strong conviction that...
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February 24,2021Currency and gold prices jumped in Tehranon Tuesday amid renewed political sensitivities and sense of uncertainty in financial markets. The US dollar rose 1.6% to finish the day at 249,000 rials...
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February 22,2021The Majlis on Monday restricted the government’s ability to use subsidized foreign currency for importing basic goods in the next fiscal year that begins in March. Reviewing the next budget bill,...
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February 22,2021Tehran's currency market was almost stable Monday as foreign exchange rates were unchanged. The dollar traded for 245,000 rials in the free market, posting 1,000 rials or 0.41% decline compared...
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