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September 13,2022
Currency 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...
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September 04,2022
Forex 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...
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August 27,2022
Foreign 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...
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August 22,2022
Forex 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,...
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August 14,2022
The 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...
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August 13,2022
Currency 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...
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August 10,2022
Forex 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...
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August 08,2022
The 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...
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July 20,2022
The 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...
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July 05,2022
The 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...
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July 03,2022
Foreign 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...
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July 03,2022
Foreign 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%...
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July 02,2022
After 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...
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June 28,2022
The national currency pared more past losses on Monday. The US dollar traded almost 10,000 rials lower at 305,000 rials in Tehran’s unofficial market to post more than 3% decline to the day.
The...
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June 27,2022
The currency market saw declining rates on Sunday as sellers outnumbered buyers in Tehran’s free market. The same was true in the domestic bullion market as the yellow metal was much weaker.
The...
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June 26,2022
While forex rates advanced at the end of last week, the trend paused on Saturday apparently due to unexpected political developments and cautious optimism.
The market was relatively stable in the...
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June 21,2022
The Plan and Budget Organization (PBO) has defended the government’s decision to end its forex subsidy policy basic imports.
In a statement released Monday the PBO responded to a group of 61...
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June 19,2022
The domestic gold market saw big gains at the beginning of trading week on Saturday amid rising currency rates.
The popular Emami gold coin jumped more than 4.7% or 7.5 million rials in one day...
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June 18,2022
After allowing non-oil exporters to sell their foreign currency at “negotiated rates” earlier in the week, the Central Bank of Iran extended the move to other forex sellers.
In a bylaw to...
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June 15,2022
The rial compensated some of the earlier loss on Tuesday as foreign currencies dipped dragging down prices in the domestic gold market.
The US dollar retreated to 324,000 rials in Tehran’s free...
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June 14,2022
The Central Bank of Iran said it is undertaking efforts to improve forex supply in the volatile market by encouraging non-oil export companies to increase their currency sale.
Following a meeting...
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June 12,2022
The Central Bank of Iran says it is committed to boost the supply side in the currency market.
After crossing the record high a session before, forex rates notched another gain on Sunday...
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June 12,2022
Foreign exchange rates hit a new record in Tehran’s unofficial market on Saturday. The US dollar crossed the historic level of 320,000 rials and jumped to 327,500 rials, registering 1.5% rise on...
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June 10,2022
The US dollar crossed the record high of 320,000 rials on Thursday in Tehran’s open market and closed at 322,500.
The price was 1.2% or 4,000 rials higher from the earlier session on Wednesday...
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June 09,2022
Forex rates pulled back on Wednesday after reaching all-time highs a session before in Tehran’s unofficial market.
The US dollar was quoted at 318,500 rials at the close of the day down 0.3% on...
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...
