Iran Currency News

Export 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…

Foreign 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…

Foreign exchange rates were down Thursday with the dollar retreating to below 240,000 rials in Tehran's free market. 

Bucking 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…

Currency rates in Tehran were choppy Tuesday with the dollar near the 240,000-rial support level in the free market.  It lost 4,300 rials or 1.82% to be sold at the lowest price in the…

The dollar was 0.75% higher Monday in Tehran's free market to reach 250,100 rials.  Bank-affiliated exchange shops quoted the greenback at 243,011 rials, 130 rials higher than the previous…

Foreign 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…

Foreign exchange rates rose again on Tuesday with the dollar surging above the critical 250,000 rials level.  

Prices 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…

The domestic bullion market opened lower on Saturday influenced by the downside in international gold markets. 

Foreign exchange rates and gold coin prices declined on Tuesday in Tehran’s market, after posting gains on Monday. 

Foreign 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…

Governor 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…

Currency and gold prices jumped in Tehranon Tuesday amid renewed political sensitivities and sense of uncertainty in financial markets. 

Tehran'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%…

The 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…

Foreign currencies lost more ground on Monday for the second day in a row after rallying for four consecutive sessions.  The downturn soon extended to the domestic bullion market where…

Foreign exchange rates continued to rise on Saturday, with the US dollar entering the 26,000-rial channel, the highest in the past four weeks.  Each US dollar was sold at 261,200 rials on…

Foreign exchange rates were mostly increasing in the past seven days, mainly under the influence of political developments.  The US dollar rose by nearly 10,000 rials during Wednesday and…

The price of major currencies and gold declined Wednesday in Tehran after posting growth a day earlier. The dollar lost 1.89% or 4,500 rias to close at 239,300 rials in the free market. The…

Major currencies continued to advance in open markets on Sunday extending gains a session earlier.   The dollar strengthened above 240,000 rials gaining 1,500 rials to be traded at 244,500…

Forex rates shot up in Tehran on the first day of the week. The dollar climbed to 243,000 rials on Saturday in the open market, posting 2.3% or 5,600-rial growth compared to Thursday's close.…

Foreign exchange rates rose on Sunday in Tehran market. The US dollar gained 1.69% or 4,000 rials during the day to wrap up the second day of the week at 236,500 rials. The currency was traded…

After a recent pattern of decline, forex and gold prices in Tehran are rising again. The dollar, which plunged to as low as 210,000 rials last Monday, climbed to 232,000 rials on Thursday…

Extending a rally from the previous session, foreign exchange rates in Iran regained momentum on Wednesday. The dollar climbed more than 3.5% in Tehran's open market to close at 228,000 rials.…