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July 22,2020
Currency rates were largely stable on Wednesday after losing 18% during three consecutive sessions of bear market. However, gold prices extended the slide.
The USD traded at 218,000 rials for the...
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July 20,2020
Currencies took a drubbing in Tehran after rallying for seven consecutive days and the decline soon extended to gold prices.
The rial pared earlier losses on Monday as the dollar lost more than 8...
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July 18,2020
The US dollar made one more leap on Saturday extending a rally that has lasted for seven successive sessions. The greenback strengthened close to 5% against the rial in Tehran’s open market, adding...
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July 17,2020
The US dollar extended gains against the rial on Thursday, comfortably breaking past the resistance level of 240,000 rials after falling briefly near the critical level.
The greenback closed...
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July 15,2020
Major currencies continued to rise Wednesday for five successive sessions with the US dollar moving closer to 240,000 rials in Tehran’s open market but sopped near the threshold.
The greenback...
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July 13,2020
Major currencies again gained against the rial on Monday with the dollar soaring above the critical 230,000 rials in Tehran’s free market.
The greenback climbed 5,500 rials to 233,000 rials, 2.5...
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July 08,2020
After a brief hiatus major currencies resumed rallies going back to their bad old ways in Tehran on Wednesday as CBI’s selected moneychangers demanded higher rates.
The US dollar rose to 224,000...
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July 06,2020
After a concerning pattern of hikes in the price of gold and foreign currency in Tehran, both assets registered decline in Monday trade.
The US dollar was close to 214,300 rials in the open market...
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July 01,2020
As gold coin prices hit record highs, Tehran Gold and Jewelry Union has announced that it is planning an integrated platform to keep track of and supervise gold coin trade.
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June 21,2020
The price of Emami gold coin rallied to an all-time high of 80 million rials ($410) on Sunday to post a 2.55% increase compared to Saturday's close. Forex rates also continued their mad dash. ...
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June 19,2020
The US dollar added another 2,500 rials on Thursday in Tehran's free market to close trade at 187,500 rials -- the highest closing price ever.
Its latest ascend started last Saturday and raised...
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June 12,2020
Major currencies on Thursday hit the highest rates since September 2018 with the dollar traded at 180,000 rials in Tehran’s open market.
One euro fetched 203,000 rials and the UK pound sterling...
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June 06,2020
The price of Emami gold coin fell by 2.2% on Saturday in Tehran after posting a near permanent increase for weeks.
According to the Tehran Gold and Jewelry Union website, the coin was sold at 72....
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May 27,2020
The currency market experienced a significant downturn on Wednesday after more than two weeks of bull market amid a noticeable decline in forex trade in Tehran’s open market.
Drop in currency...
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May 20,2020
The ascending order of the US dollar and euro continued on Wednesday, being sold respectively at 178,000 rials and 194,000 rials in Tehran's open market.
The greenback was traded 0.9% higher than...
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May 17,2020
The US dollar surged above the critical 170,000-rial level on Sunday at the moneychangers affiliated with the Central Bank of Iran.
The moneychangers traded the dollar at 170,230 rials, up 2,300...
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May 16,2020
Major currencies started trading week on a positive note after recording a brief drop on Thursday.
The US dollar fetched 172,000 rials in Tehran’s open market on Saturday, registering 1.68%...
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May 12,2020
Price of the US dollar passed over 170,000 rials in Tehran on Tuesday, hitting a 20-month high. Emami gold coin also recorded an all-time high on Tuesday climbing to an unseen 70.087 million rials...
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May 11,2020
Currency prices shot up again on Monday in Tehran as bank-affiliated moneychangers tagged the US dollar at 165,000 rials -- the highest in the past 20 months. Cold coin prices also increased by...
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May 09,2020
Gold in the domestic market is being traded at all-time highs with analysts warning about bubbles in the price of the precious metal.
Emami gold surged more than 2.5% Saturday and was traded at...
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April 26,2020
A review of the performance of financial markets in the 2019-20 fiscal shows investment in the currency and gold market yielded the lowest returns, and the stock market delivered the highest...
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April 22,2020
Major currencies gained against the rial Wednesday with the USD heading upward after breaking past 160,000 rials.
It was traded as high as 162,400 rials at Tehran’s open market up 2,400 rials...
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April 19,2020
Iran’s gold market will reopen on Monday following a month-long hiatus due to restrictions ordered by the government on almost all businesses to impede spread of the coronavirus.
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April 18,2020
Foreign currency rates declined in Tehran’s open market on Saturday for the third consecutive day with the downturn extended to the gold market.
The US dollar was traded 156,000 rials, down from...
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April 14,2020
Gold and gold coin prices were relatively stable on Tuesday in Tehran’s market, where gold and jewelry stores are still barred from opening due to government restrictions on businesses to curb the...