President says Govt determined to create balance to thwart pressures
IRNA – Iranian President Hassan Rouhani said on Sunday that the Government is determined to create a balance in terms of satisfactory…
Tag Archives: forex market
Forex, gold back to old ways
Financial Tribune – After a brief hiatus major currencies resumed rallies going back to their bad old ways in Tehran on Wednesday…
Forex at 20-month high in Tehran market
financial Tribune – Major currencies on Thursday hit the highest rates since September 2018 with the dollar traded at 180,000 rials in…
CBI chief says Iran’s forex reserves are satisfactory
IRNA – Central Bank of Iran (CBI) Governor Abdolnasser Hemmati said on Tuesday that the CBI forex reserves are satisfactory and at…
Exporters sold €16b on secondary forex market
Financial Tribune – Exporters of non-oil goods sold €16 billion ($17.8 billion) in their overseas revenues on the secondary foreign exchange market,…
Forex, gold in Tehran moving up
Financial Tribune – Foreign currency and gold coin prices increased in Tehran on Wednesday ostensibly influenced by the upcoming meeting of Financial…
Central Bank of Iran Governor says Forex rates to keep going down
IRNA – Governor of Central Bank of Iran Abdolnasser Hemmati said on Sunday that stability and balance of supply and demand are…
Subsidized forex maintained in Iran’s 2020-21 budget
Financial Tribune – Despite persistent calls by economic experts and academia on the government to scrap subsidized currency allocations, it appears that…
New CBI platform to oversee open banking, regulated forex operations
Financial Tribune – The Central Bank of Iran has developed a new platform, Diba, to supervise open banking operations, says Aboutaleb Najafi,…
Economic, political climate will govern forex market stability
Financial Tribune – Except for brief volatility in the first weeks of the new fiscal year (started March 2019), the currency market…
Forex reserves in stable conditions, CBI governor says
IRNA – Governor of Central Bank of Iran Abdul Nasser Hemmati stated that Iran is in a good place with regard to…
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.…
Forex rates low as demand declines in Tehran market
Financial Tribune – Sailing in calm waters since the beginning of the calendar year (mid-March), the currency market witnessed another fall at…
Inauguration of integrated forex market deferred due to software problems
MNA – The Governor of the Central Bank of Iran (CBI) said on Wednesday that official inauguration of integrated forex market is…
Official inauguration of integrated forex market postponed
MNA – Central Bank of Iran’s forex market will be inaugurated later than the predetermined date i.e. August 12, 2019, an official…
CBI to launch Integrated Forex Market by mid-August
MNA – The Central Bank of Iran is planning to launch the Integrated Forex Deals System (Persian acronym for Nima) by mid-August.…
Launching integrated forex market in last stages: CBI
Tehran Times – Central Bank of Iran (CBI) announced that launching integrated forex market in the country is in the last stages,…
Iranian currency dealers to be briefed on regulated forex market
Financial Tribune – The Association of Bureaux de Change Operators of Iran will hold a briefing on Wednesday for members of the…
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…
Regulated Forex Market to be formed by June. 21: MP
MNA – The CBI’s planned Regulated Foreign Exchange Market will be formed by the end of the present Iranian month, Khordad, (June…
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…
CBI reports measures taken for controlling forex market to top authorities
MNA – The Central Bank of Iran (CBI) reported the measures it has taken so far for controlling foreign exchange market to…
Iran Currency Market: Rial firms as forex power diminishes
Financial Tribune – Foreign exchange rates are of the declining order in the final days of November thanks to a stronger presence…
Forex rates gain in Tehran market
Financial Tribune – Foreign exchange rates gained on the Tehran currency market on Sunday for the first time after a period of…
Auto repair costs in Iran not for the fainthearted
Financial Tribune – Prices of auto parts have more than tripled since March thanks to the unprecedented increase in currency rates and…
Iran prevents exit of forex by illegal network
IRNA- Iran’s Ministry of Intelligence in a statement issued on Saturday announced that it has prevented illegal exit of the forex by…
Hearing session of trial for people accused of misusing Forex market begins
IRNA – The hearing session of trial for 13 people charged with importing mobile phones with official exchange rate but selling them…
CBI issues statement on recent developments at FOREX Market
MNA – Central Bank of Iran (CBI) on Saturday night issued a statement on the recent developments at the Foreign Exchange Market…
Forex drops to 8074t/1$ in secondary currency market
MNA – Iranian petrochemical plants, major suppliers of foreign currency in the country, sold their currency as low as 80740 rials/$1 in…
Iranian lawmakers review new forex package, economic problems
IRNA – Members of Iran’s Majlis (Parliament) behind the closed doors on Sunday reviewed the country’s recent economic problems and the new…
Forex market developments irrelevant to economic realities
IRNA – Central Bank of Iran (CBI) said in a statement on Sunday that recent developments in foreign exchange and gold markets…
Iran opens secondary forex market aiming to ease Dollar shortage
Bloomberg – Iran has launched a secondary market for foreign exchange to ease a dollar shortage ahead of the return of U.S.…
Bill of indictment issued for 30 forex convicts
IRNA –Tehran Prosecutor General Abbas Jafari Dolatabadi said on Sunday that up to so far bills of indictment have been issued for…
Parl. passes amendment bill on fighting forex smuggling
MNA – The Iranian lawmakers have passed into law an amendment bill to combat the smuggling of foreign exchange, especially the US…
CBI vows to address forex policy flaws
Financial Tribune- The governor of the Central Bank of Iran acknowledged shortcomings in the government’s new foreign exchange policy, promising that they…
Official advice for forex depositors
Financial Tribune- Governor of the Central bank of Iran Valiollah Seif has advised foreign currency depositors to be wary of banks’ credibility…
A Look at Iranian Newspaper Front Pages on April 12
Iran Front Page- IFP has taken a look at the front pages of Iranian newspapers on Thursday, April 12, and picked headlines…
A Look at Iranian Newspaper Front Pages on April 10
Iran Front Page- IFP has taken a look at the front pages of Iranian newspapers on Tuesday, April 10, and picked headlines…
A Look at Iranian Newspaper Front Pages on April 9
Iran Front Page- IFP has taken a look at the front pages of Iranian newspapers on Monday, April 9, and picked headlines…