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April 04,2023
The Iranian Center for Exchange (ICE), a recently-established market under the auspices of the Central Bank of Iran, started offering gold coins on Tuesday.
According to a press release seen on...
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February 25,2023
First Vice-President Abbas Mokhber, Economy Minister Ehsan Khandouzi and the Governor of the Central Bank of Iran Mohammad Reza Farzin went to the Majlis on Saturday to brief lawmakers on the state...
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February 04,2023
The central bank officially launched the ‘Iran Currency and Gold Trade Center’ in line with the new governor's bid to try and control skyrocketing forex and gold prices.
The measure was proposed...
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November 28,2022
The Emami gold coin rallied to an all-time high of 170 million rials on Sunday -- 1.39% higher on the day before.
Demand for gold coins has increased in recent days, the Persian-language economic...
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November 09,2022
Gold coin prices dropped in Tehran market on Tuesday as the Central Bank of Iran launched the initial public offer for Bahar Azadi gold coin bonds at the Iran Mercantile Exchange (IME).
Bahar...
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November 07,2022
The Central Bank of Iran has launched the initial public offer for Bahar Azadi Gold Coin Bonds at the Iran Mercantile Exchange (IME).
The sovereign gold bonds (SGBs) should help restore stability...
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November 02,2022
Currency 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...
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September 13,2022
The Ministry of Industry, Mine and Trade in collaboration with the relevant unions will soon start issuing license for gold trade on the internet.
According to Alireza Shahmirzaei, a deputy...
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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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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 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 12,2022
The Central Bank of Iran’s monopoly over minting gold coins should be blamed for shortages in the bullion market, a vice president of the Tehran Gold and Jewelry Union said.
“Due to monopoly over...
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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 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 17,2022
Currency and gold prices pulled back again on Wednesday after the Central Bank of Iran decided to increase offers.
The US dollar was quoted at 318,500 rials in Tehran’s free market, down 1.7% or...
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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 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 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...
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June 07,2022
Currency and gold prices retreated slightly from the recent highs as the market opened on Monday after the two-day public holiday.
The US dollar shed more than 0.6% or 2,000 rials to change...
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June 05,2022
After a one-day hiatus, foreign exchange rates soared on Wednesday at Tehran’s free market, which also pushed up prices in the bullion market.
The US dollar advanced to as high as 317,000 rials...
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April 12,2022
Forex and gold prices increased again in Tehran’s free market on Monday amid renewed diplomatic efforts to revive the landmark Iran nuclear deal.
According to Eghtesadnews, the dollar was quoted...
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March 11,2022
After a brief rally in the session before, foreign exchange rates retreated on Wednesday in Tehran’s unofficial market.