Iran Forex Market News
-
December 24,2022The Central Bank of Iran said it has raised the ceiling for the amount of local currency local residents and foreigners can hold when leaving and entering the country to 50 million rials (around $... -
December 17,2022The Central Bank of Iran is making concerted efforts to stabilize the chaotic forex market amid the steep decline in the national currency, the bank governor said. “We have set up a joint...
-
November 30,2022Forex reserves are in a relatively better shape and supply to the secondary currency market, known as Nima, has improved considerably, the governor of the Central Bank of Iran said. “We expect...
-
November 15,2022The Central Bank of Iran will issue foreign currency bonds starting Saturday as a part of its plan to stabilize the chaotic forex market. Forex will be offered at the state-owned Bank Melli, the...
-
November 09,2022Governor of the Central Bank of Iran, Ali Salehabadi, says the bank has enough resources and tools to stabilize currency and gold prices that have rocketed to unprecedented high in the past several...
-
November 07,2022The recent hike in currency prices in the domestic market is largely due to inflationary expectations, which in and of itself has more reasons than one. “US mid-term elections will be held on...
-
November 06,2022The Central Bank of Iran on Sunday said selected banks have been allowed to sell foreign currency at negotiated rates in line with new measures to help tame the high and rising forex market. It...
-
November 04,2022The Central Bank of Iran has given permission to exchange shops to buy and sell foreign currency online through the website of the Iran Currency Exchange (ICE). CBI Governor Ali Salehabadi said...
-
November 02,2022Currency prices shot up Wednesday in Tehran's open market with the US dollar at an all-time high. The greenback was quoted at 344,400 rials on Wednesday, up 2.96% or 10,200 rials, Eghtesadnews...
-
October 29,2022Close to 300 exchange bureaus have started publishing their buy/sell and supply/demand data live on the regulated market website, the governor of the Central Bank of Iran said. “After exporters...
-
October 28,2022Forex trade at negotiated rates amounted to $700 million since June when the Central Bank of Iran allowed moneychangers to purchase currency from exporters at “agreed prices”. Mehdi Hadinejad,...
-
October 01,2022Demand for subsidized foreign currency declined by almost $2 billion since the end of the subsidized forex policy six months ago, compared with the same period last year, the spokesman of the...
-
September 13,2022Currency rates made significant gains against the rial on Tuesday triggering fresh demand in the domestic gold market. The US dollar crossed the resistance level of 310,000 rials to buy 314,000...
-
September 04,2022Forex rates opened trading week Saturday higher amid increasing uncertainty about the future of the market. Gold followed suit. The US dollar briefly inched above the critical 300-000-rials in...
-
August 27,2022Foreign currencies' prices increased on Thursday and Friday in Tehran's open market. According to Eghtesadnews website, each US dollar was sold at 295,000 rials on Thursday, up 2.03% or 6,000...
-
August 22,2022Forex and gold prices posted significant growth in Tehran Monday, after continuous declines for two weeks. The US dollar gained 1.55% during the day in Tehran's open market and was traded at 294,...
-
August 14,2022The rial gained more ground as most foreign exchange rates continued to retreat at Tehran’s unofficial market on Sunday. The US dollar was down almost 2.3% and was quoted at 301,700 rials at the...
-
August 13,2022Currency rates fell on Saturday as speculators tied forex prices to political developments and there seemed to be more sellers than buyers in Iran’s open market. The market was already on the...
-
August 10,2022Forex rates in the unofficial market dropped on Wednesday dragging down prices in the domestic bullion market. The US dollar was quoted at 311,140 rials, down 5,500 rials or 1.9% in Tehran’s free...
-
August 08,2022The US dollar and other currencies posted decline in Tehran’s free market on Wednesday, apparently under the influence of reports about the resumption of the Iran nuclear talks. The greenback was...
-
July 20,2022The Central Bank of Iran cut the “currency quota” for outbound travelers with a visa. Accordingly, authorized exchange bureaus are not allowed to sell more than €500 or equivalent in other...
-
July 05,2022The rail pared more past losses on Monday and strengthened against major foreign currencies in Tehran’s unofficial market. A dollar traded at 314,500 rials in the middle of the day, shedding 1.5...
-
July 03,2022Foreign currencies slipped in Tehran’s free market on Sunday impacting the bullion market. The dollar was down 2.3% after logging about 7% gain against the rial in three consecutive sessions to...
-
July 03,2022Foreign currency rates continued to rise in Tehran’s unofficial market at the beginning of business week on Saturday. The dollar was worth 327,500 rials at the close of the session, posting 2.1%...
-
July 02,2022After days on the pause button, forex rates jumped again Thursday along with gold prices in Tehran. The American currency made a big leap in the unofficial market touching 320,500 rials to post 2...
Pages
