Iran Currency News
Follow the latest news stories about Iran currency market, future, forex rates, and Iranian gold coin prices.
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November 24,2020Foreign exchange and gold prices posted meager changes Monday amid nationwide restrictions on non-essential businesses to control spread of the Covid-19 plague. -
November 22,2020Currency and gold dropped in Tehran Sunday after a short rally a day earlier when the government launched the first day of a lockdown program to curb the Covid plague. Climbing above 260,000...
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November 19,2020Forex and gold prices continued to fall on Wednesday in Tehran. The Emami gold coin lost 3.42% and was priced at 117 million rials. Half Bahar Azadi plunged 5.74% to 61 million rials. The coin had...
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November 17,2020Foreign currencies gained against the rial on Monday bucking a declining trend that started last Wednesday. The rally as usual extended to the bullion market. The dollar changed hands for 264,000...
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November 15,2020Major currencies extended losses against the rial on Sunday with the dollar closing the session more than 3.7% lower. The greenback surrendered the 260,000-rial support level in the later hours...
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November 14,2020Iran’s forex market seems to be relatively calm following bouts of anxiety before and after the Nov. 3 US presidential election. The dollar surged 1% or 4,000 rials to 275,000 rials in the...
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November 10,2020Foreign exchange rates gained against the rial for the third straight day contrary to expectations about further decline and the prospects of a stronger rial following optimisms about ease of...
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November 09,2020Foreign exchange rates increased again Monday, with the dollar recording gains for the second day in a row. The Central Bank of Iran, however, said it expects further decline in rates. The dollar...
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November 08,2020The Central Bank of Iran is struggling to curb the high foreign exchange rates as best as it can through its affiliated exchange bureaus. Over the past week the dollar has been of the declining...
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November 07,2020The rial erased earlier losses in Tehran on Saturday as the dollar dipped and panic selling continued.
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November 06,2020Foreign 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 ...
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November 04,2020Currencies 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 was also...
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November 03,2020Foreign 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. Other major...
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October 31,2020The 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...
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October 30,2020The 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 website, the...
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October 28,2020The 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...
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October 27,2020Foreign 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 3.2% on...
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October 26,2020The 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 rials in...
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October 21,2020The 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...
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October 20,2020Foreign exchange rates and gold prices declined again on Tuesday following renewed intervention by the Central Bank of Iran. The US dollar lost 12% to fetch 277,000 rials in the open market. Bank...
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October 20,2020Foreign exchange rates and gold prices declined again on Tuesday following renewed intervention by the Central Bank of Iran.
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October 19,2020Currency 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 to...
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October 18,2020Gold 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 lost...
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October 17,2020The 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 320,000...
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October 14,2020The 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...
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