Iran: Exporters blamed for rise in currency prices
Financial Tribune – Major currencies hit six-month highs on Thursday as the US dollar was heading toward the resistance level of 130,000…
Tag Archives: Foreign exchange trading
Forex at three-month high
Financial Tribune – Currency rates in Tehran’s market have been rising since last week after more than three months of relative calm.…
Non-oil exports can meet Iran’s foreign exchange demands
MNA – An official in charge of banking system of the country said on Sunday that export of non-oil commodities can meet…
Forex rates rise in Tehran market
Financial Tribune – Foreign exchange rates on Tuesday registered dramatic increases after weeks of stability that saw the rial recover much of…
Income from saffron exports to Afghanistan returning to Iran
IRNA – Iranian companies, which trade saffron from Afghanistan, return foreign exchange from exporting it to Iran, an official of the Ministry…
Forex rates decline further in Tehran market
Financial Tribune – Foreign exchange rates continued their downward trend on Tuesday even as new US sanctions are being imposed on Iran.…
Iran’s Central Bank to supply tour firms with foreign exchange
Financial Tribune- Following complaints about the exclusion of travel services from the list of priorities for foreign exchange allocation, the Central Bank…
Iran’s foreign exchange, gold reserves more than US: CIA
IFP – A document released on the website of the US Central Intelligence Agency shows that the Islamic Republic outstrips the United…
Initial version of foreign exchange regulation to be compiled in free zones
MNA – Secretary of Supreme Council of Free Zones Morteza Bank said the initial version of foreign exchange regulations in free zones…
CBI updates banks’ foreign exchange rules
Financial Tribune- In its latest directive, the Central Bank of Iran has raised the limit on the maximum amount to which the…
Rial strengthens to 39,500 per USD
Financial Tribune- The unification of Iran’s dual foreign exchange regime and the decline in the exchange rate of major currencies were among…
Iran allows free foreign exchange at banks in move to unify rates
Reuters– Iran authorized some banks on Saturday to deal in foreign exchange trading at a free-market rate, the central bank said, as…
IMF experts propose revival of foreign exchange reserve
Tehran, Sept. 29, IRNA – The International Monetary Fund Article IV Consultation delegation presented a report on the budgetary and efficiency policies…
Risk aversion prevails in Iranian market
Risk aversion prevailed as Iranian investors cashed out of risky assets and moved toward the haven of foreign exchange and gold on…
No plan for Iran single forex rate now: CBI
The governor of Central Bank of Iran (CBI) has said that there is no plan to unify the country’s multi-tier foreign exchange…
Iran ready to introduce single forex system
Iran’s minister of economy says the country would replace the current multi-tier foreign exchange system with a single system if economic conditions…
Iran removes euro and dollar from its trade exchanges
Minister of Economic Affairs and Finance Shamseddin Hosseini said Monday that Iran would no longer use euro and dollar in its trade…