Iran Currency News

Foreign exchange rates plunged in Iran’s currency market on Thursday amid nervousness over the fate of the US presidential election.  Panic-selling was reported as initial results of the…

Currencies traded choppily in Tehran’s market on Wednesday, before ending lower and gold prices market soared.    Like other financial markets around the globe, Iran’s forex market…

Foreign currencies gained against the rial on Monday in Tehran’s open market. The dollar climbed 15,000 rials to reach 291,000 rials, more than 5% higher compared to earlier session.

The national currency pared earlier losses at the beginning of trading day on Saturday as sentiment in the forex market weakened following new measures announced by the Central Bank of Iran…

The Central Bank of Iran said it injected $450 million into the market to help stabilize the volatile market and control foreign exchange rates.  In a press release published on its…

The currency and gold coin markets on Wednesday fluctuated posting drops after Tuesday's gains. The US dollar lost 2.5% or 6,000 rials during the day to close at 280,000 rials at Tehran’s open…

Foreign exchange and gold prices in Tehran increased on Tuesday after posting declines in the past couple of days.  The US dollar gained 1.74% and climbed to 286,000 rials after falling 3.…

The US dollar pared more of the early gains against the national currency amid efforts by the Central Bank of Iran to intervene in the market and balance rates.  It was traded at 281,000…

The US dollar made a strong comeback on Wednesday in Tehran’s open market after a steep decline a session earlier. Gold prices also followed suit.  After a temporary hiatus on Tuesday, the…

Foreign exchange rates and gold prices declined again on Tuesday following renewed intervention by the Central Bank of Iran. 

Foreign exchange rates and gold prices declined again on Tuesday following renewed intervention by the Central Bank of Iran. 

Currency rates retreated further from historic highs on Monday as the Central Bank of Iran intensified efforts to intervene in the chaotic market. Gold saw a similar fate. The US dollar dropped…

Gold and dollar prices declined on Sunday after posting new highs a day earlier. The half Azadi coin lost 5.82% or 5 million rials to be sold for 86 million rials. The quarter Azadi coin also…

The US dollar jumped to an all-time high of 320,000 rials on Thursday, despite the central bank’s move to inject currency in the forever rising market.  The dollar finished the week at 320…

The Central Bank of Iran hopes it would be able to ease the unprecedented pressure on the currency market after billions in assets are unlocked overseas. Speaking on the sidelines of a Cabinet…

Financial markets in Tehran on Tuesday had an uneventful session after a highly volatile day a session earlier.  

The foreign exchange market in Iran is experiencing unprecedented highs as major currencies continue to rise against the national currency.  

Gold and foreign currency in Tehran posted strong gains in post-holiday trading on Saturday jumping to record highs. Emami gold coin jumped 7.5 million rials, or 4.82%, to an all-time high of…

Unabated rallies in currency rates propelled exchange shops affiliated to the Central Bank of Iran to push rates to unprecedented levels on Tuesday.  The dollar climbed 10,000 rials to 292…

Foreign exchange rates in Iran’s free market climbed again on Monday after a lull in the past two sessions as the US dollar clawed back losses in previous trade. 

Major currencies moved further from record highs reached last week and declined Sunday both in Tehran’s free market and official exchange-bureaus affiliated to the Central Bank of Iran. …

After reaching new peaks in the last trading session, advance of the dollar against the national currency paused at the start of new trading week. 

The US dollar rose again in Tehran’s free market at the close of trading week on Thursday, moving incessantly toward 300,000 rials.  Having touched a milestone, the greenback declined…

Gold coin prices soared again in Tehran riding on the upbeat mood in the currency market and the omnipresent rush to buy the precious metal

Foreign exchange rates made significant gains on Monday despite efforts by the Central Bank of Iran to meet demand through the secondary market.