National currency regains 21% of its value: CBI gov.
MNA – Governor of Central bank of Iran says the national Iranian currency, rial, has regained its value by 21 percent against…
Currency Crisis
CBI chief highlights Iranian rial’s rise against US dollar
Tasnim – Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati highlighted the stability in the country’s foreign exchange market and…
Currency, gold coin prices drop in Tehran
Financial Tribune – Currency rates and gold coin prices dropped in Tehran’s market last week. Tehran Gold and Jewelry Union data show…
Iran’s Central Bank chief speaks out on currency plunge, $15 billion French credit line
Al-Monitor | Rohollah Faghihi: In an exclusive interview with Al-Monitor, the governor of Iran’s Central Bank, Abdulnaser Hemmati, said he has been…
Importers buy forex worth €7.8b at Iran’s secondary forex market
Financial Tribune – The total value of foreign currencies sold by exporters of non-oil goods at Iran’s secondary market amounted to €9.2…
Iran: Forex fluctuations impact domestic travel behavior
Financial Tribune – A weak local currency has proved to be a boon to Iran’s inbound tourists while a nemesis to its…
‘Blood pressure information of 3.3 million Iranians registered’
Tehran Times – About three million and 300 thousand Iranians have registered their blood pressure information at the health ministry’s comprehensive network,…
Majlis plans probe into forex subsidies
Financial Tribune – The parliament plans to investigate the foreign exchange policy of the Central Bank of Iran during the last fiscal…
Forex falls in Tehran
Financial Tribune – Currency rates continued to descend in markets across the country on Wednesday as businesses took some relief from weeks…
Tehran market: Currency and gold down
Financial Tribune – Currency rates have been of the declining order since last Tuesday amid widespread presence of the Central Bank of…
CBI chief: Iran has ample forex reserves
Tasnim – There are sufficient amounts of foreign currency in Iran, the Central Bank of Iran’s chief said, adding that the CBI…
Iran’s foreign trade conducted mainly in Euro, Yuan
Financial Tribune – Euro and the Chinese yuan topped the Central Bank of Iran’s list of subsidized currencies allocated for imports in…
Prices of foreign currencies remain unchanged in Iran, according to official rate
Azer News – The prices of foreign currencies remained unchanged according to the official exchange rate of Iran, Trend reports referring to…
Iran’s forex policy mismatch: Analysis
Financial Tribune – It has become abundantly clear that the government and Central Bank of Iran appeals have fallen on deaf ears…
Iran currency slips to around 7-month lows as US tensions rise
Reuters – Iran’s rial currency extended its fall on Tuesday, hovering around a seven-month low against the U.S. dollar, foreign exchange websites…
Central Bank of Iran: €2.2 billion sold via Nima
Financial Tribune – Since the beginning of the current fiscal (March 21) over 2.2 billion has been sold via the Integrated Forex…
CBI to launch new mechanism next week to curb rising prices in foreign currency market
MNA – An official with central bank of Iran (CBI) says that the previously announced one single organized foreign currency market will…
Iran currency, gold enter bull market
Financial Tribune – A mid the upbeat in the Tehran stock market, gold and currency closed the week bullish despite decline in…
Forex rates dip in Tehran markets
Financial Tribune – With last week’s brief volatility behind, the currency market in Tehran experienced more stability on Saturday. The US dollar,…
CBI chief warns of enemy plots to disrupt Iran’s foreign exchange market
Tasnim – Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati said enemies have hatched secret plots to hit the country’s…
Iranians line up at dawn for a sanctions meal they can afford
Bloomberg | Golnar Motevalli: Just after dawn Fatemeh Ansari Mokhtari stood alone outside Tehran’s Shahid Baharloo supermarket, gripping the edge of her…
Iran sees stable currency market after turbulent year
Press TV – Iran’s central bank governor Abdolnaser Hemmati says the government is in full control of the currency market that was…
Rouhani: Subsidy policy reform coming
Financial Tribune – Rouhani said despite the pressures and tensions, the government and the central bank were able to control currency rates…
Confronting failure, Iran government mulls new currency policy
Bourse and Bazaar | Maziar Motamedi: Despite mounting evidence that the Iranian government’s policy of allocating subsidized foreign currency for the importation…
Iran’s central banker says subsidies for imports have failed to keep prices low
RadioFarda – The head of Iran’s Central Bank has said that subsidized dollars for imports of essential goods, including medication and food…
Iran: Subsidy choices take center stage
Financial Tribune – Where oversight mechanisms cannot be enforced by the government, allocating subsidized currency will not help but hinder because “the…
CBI to launch new mechanism next month to keep control over forex market
MNA – The governor of the Central Bank of Iran (CBI) has announced the launch of an organized market to keep the…
Central bank chief: Nothing but ‘psychological atmosphere’ can affect currency market
MNA – Governor of the Central Bank of Iran (CBI) said Tue. that except for a ‘psychological atmosphere’, nothing can negatively affect…
Iran currency market calm
Financial Tribune – Foreign exchange rates declined on Thursday, after a week of flurry brought the US dollar close to the psychological…
Rouhani’s aide says Gov’t prefers lower forex rates
Financial Tribune – President Hassan Rouhani’s chief of staff has denied recent claims by selected news outlets that the government for politically…
Iran: Gold and forex rise, stocks fall
Financial Tribune – Foreign exchange rates and gold began the week in a bullish mood as the two surged on Saturday in…
Iran’s CB announces new incentives for currency repatriation
Financial Tribune – In a bid to encourage companies to return their export earnings to the country, the Central Bank of Iran…
Iran launches gold-backed cryptocurrency ‘PayMon’
Crypto Globe | Francisco Memoria: The Islamic Republic of Iran has reportedly launched a gold-backed cryptocurrency called “PayMon” – the Persian word for…
Gold, forex settle lower in Tehran market
Financial Tribune – Mohammad Kashtiaray, president of the specialized gold commission at the Iran Chamber of Guilds, says the gold coin has…
Iranian central banker sees stable rial despite pressure from US
Bloomberg | Golnar Motevalli: Iran has adequate currency supplies to cover trade, and the rial has stabilized after “a heavy attack” from…
Central Bank of Iran closing loopholes in currency allocation
Financial Tribune – The Central Bank of Iran is going to launch a mechanism for tracking forex allocated to the import of…
Iran: Regulated forex market structure announced
Financial Tribune – In a meeting attended by officials from the Central Bank of Iran and an association comprising players in upcoming…
Top banker upbeat on durable stability in Iran’s currency market
Tasnim – The Central Bank of Iran would maintain control over the country’s currency market despite the hostile attempts by the US…
Gold in Tehran steady despite Int’l rally
Financial Tribune – Despite an uptick in gold prices in international markets on Monday, the yellow metal stayed almost unchanged in Tehran…
Currency reconversion not a turning point in economic reformation
MNA | Haniyeh Sadat Jafariyeh: One of Iran’s main economic policies, under the framework of the sixth five-year development plan, is modification of…