Iran Forex Market News
February 16, 2020 19:23
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February 16,2020Price of the US dollar reached 141,300 rials in Tehran’s open market on Sunday, the highest in the past nine months. The greenback started the ascending order in the past few weeks due mainly to... -
February 12,2020Foreign currency and gold coin prices increased in Tehran on Wednesday ostensibly influenced by the upcoming meeting of Financial Action Task Force on Feb 21. Moneychangers in Tehran sold the... -
January 25,2020Exchange shops in Tehran on Saturday sold the US dollar at 133,500 rials, which was up 2.7%, or 3,500 rials, compared to previous working day's close. According to the Tehran Gold and Jewelry... -
January 21,2020A list of 150 companies that failed to repatriate their export revenues has been sent to the judiciary, head of Iranian Export Confederation said, noting that the deadline of the Central Bank of... -
January 14,2020With the aim to facilitate trade in the anticipated regulated foreign exchange market, the Central Bank of Iran raised the ceiling of planned daily forex trade fivefold. According to a CBI notice... -
January 07,2020Currency rates again pushed upwards on Tuesday, amid heightened political tensions in the region, but the Central Bank of Iran was quick to announce that there is no need for anxiety. The US... -
January 04,2020Foreign exchange and gold coin prices jumped on Saturday as the trading week opened in an overcast Tehran. Almost all foreign currencies gained against the rial, according to Tehran Gold and... -
December 13,2019A report reviewing the performance of different markets during the first seven months of current fiscal year (March-21-October.22) shows investors reaped higher returns from investment in equities... -
November 15,2019Currency rates in Tehran’s market have been rising since last week after more than three months of relative calm. The US dollar changed hands for about 116,500 rials on Thursday, up 40,000 rials... -
November 01,2019Head of the company that oversees the long-awaited regulated foreign exchange market says the market is ready to start functioning and is awaiting a final go-ahead by the regulator. In response... -
October 16,2019The total value of foreign currencies sold by exporters of non-oil goods at Iran's secondary market amounted to €9.2 billion since the beginning of the current fiscal year (started March 21), €7.86... -
October 09,2019Over the past decade, goods and services in Iran suffered at least two bouts of price shocks following unprecedented volatility in the currency market due to foreign economic sanctions. But... -
September 15,2019The Supreme Council of Economic Coordination extended the authority of the central bank governor, Abdolnasser Hemmati, for one more year to intervene and regulate the foreign exchange market, the... -
September 06,2019A report published by the economic research department of Tehran Chamber of Commerce, Industries, Mines and Agriculture show that the currency market was the worst-performing market in the first... -
August 04,2019State-owned Bank Maskan, the main lender in the housing sector, is to join the regulated forex market, head of the bank’s department for international affairs said Sunday. As a member of the new... -
July 29,2019Head of the company that will oversee the regulated forex market says the new market will open with the participation of 100 plus money changers. -
July 28,2019The regulated foreign exchange market will be launched on August 12 to coincide with the annual feast of Eid al-Adha (Eid- e- Qorban in Iran), the governor of the Central Bank of Iran said Saturday... -
July 19,2019Currency rates in Tehran briefly hit six-month lows since January 9 as the US dollar was traded for 111,000 rials during the mid-day trade in the open forex market on Wednesday. Varying rates... -
July 16,2019Currency rates in Tehran have been of the descending order over the past two weeks amid noticeable decline in demand and visible efforts by the Central Bank of Iran to boost the rial. The... -
July 14,2019Currency rates continued on the downward path in Tehran on Sunday as the Central Bank of Iran mobilizes its resources to plug the gap between rates in the open market and secondary market. Since... -
July 05,2019The foreign exchange rate in Integrated Forex Deals System (Persian acronym for Nima) has been hiked in recent months to come closer to the rates quoted on the Sana website that reports the average... -
July 01,2019The foreign exchange rate in Tehran has been on a declining trajectory since the beginning of the Iranian week on Saturday, amid a noticeable decrease in demand for foreign currency. Each US... -
June 23,2019Governor of the Central Bank of Iran says a new trade monitoring system is in the offing to complement the Integrated Forex Deals System (known by its Persian acronym Nima). Nima is a platform... -
June 21,2019Following hikes in forex rates in the Integrated Forex Deals System, known by its Persian acronym Nima, Iranian exporters repatriated more overseas earnings to the country. Nima is the platform... -
June 18,2019The High Council of the Economic Coordination will convenes on Thursday to decide the fate of the highly controversial subsidized forex policy for importing essential goods, said an official...
