Forex, gold move higher in Tehran
Financial Tribune – After a brief halt on Thursday, forex rates resumed rally at the start of the trading week on Saturday…
Tag Archives: forex
Forex rates rise unabated in Tehran market
Financial Tribune – Currency rates are rising unabated in Tehran with exchange bureaus affiliated to, and working for, the Central Bank of…
Gold and forex rise to historic levels in Tehran
Financial Tribune – The price of Emami gold coin rallied to an all-time high of 80 million rials ($410) on Sunday to…
Tehran forex, gold on a tear
Financial Tribune – The ascending order of the US dollar and euro continued on Wednesday, being sold respectively at 178,000 rials and…
Forex shoots higher in Tehran market
Financial Tribune – The US dollar surged above the critical 170,000-rial level on Sunday at the moneychangers affiliated with the Central Bank…
Forex and gold prices soar in Tehran market
Financial Tribune – Currency prices shot up again on Monday in Tehran as bank-affiliated moneychangers tagged the US dollar at 165,000 rials…
Most importers meet forex obligations
Financial Tribune – Unfulfilled commitments by importers of essential goods have decreased substantially thanks to measures by the Central Bank of Iran…
CBI head: Petchem industry, vanguard of supplying Iran needed forex
SHANA – The head of the Central Bank of Iran said that petrochemical companies were the vanguard of supplying the country’s needed…
Exporters decry Iran’s CB inaction over forex repatriation rules
Financial Tribune – Central Bank of Iran’s conditions on non-oil exporters to repatriate their currency earnings has been criticized yet again by…
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…
Pres. Rouhani urges for intensifying efforts against smuggling of goods, forex
MNA – President Rouhani described more effort in fighting goods and currency smuggling essential for improving production conditions in the country, and…
Tehran to tackle currency woes with new forex
Al-Monitor | Navid Kalhor: Extreme foreign exchange-market fluctuations are highly likely to continue to menace Iran’s national currency, the rial, and the…
CBI to create personal forex profile for each Iranian
MNA – An official from the Central Bank of Iran (CBI) announced on Wednesday that the central bank plans to create a…
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…
Senior banker welcomes Central Bank of Iran’s interest payment rule
Financial Tribune – A decision by the Money and Credit Council – a policymaking body – to scrap overnight interest payments has…
Forex policies, independent from EU mechanism: Iran Central Bank
IRNA – Governor of Central Bank of Iran (CBI) says the country’s foreign exchange rules and policies are independent from Europe’s Special…
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…
Court hearing session of forex misusers held in Tehran
IRNA – The first session of the court hearing for six misusers of forex market fluctuations was held here on Tuesday. Two…
Iranian airlines cap ticket prices for domestic flights
Financial Tribune – Airline operators convened a meeting with officials from the Iran Civil Aviation Organization on Saturday to try to boost…
Tehran stocks end week flat as traders await forex stability
Financial Tribune- Tehran stocks spent last week in limbo, as traders seemed paralyzed with eyes fixed on the foreign exchange market for…
Central Bank of Iran to issue forex bonds for the first time
Financial Tribune- The Central Bank of Iran has announced a plan to issue foreign currency bonds for the first time to provide…
Forex rally’s impact on housing sector limited
Financial Tribune- A housing official has ruled out any immediate impact of the ongoing rally in the foreign exchange market on home…
Major concession for private sector Forex debtors
The minister of industries, mining and trade has finally got his way on foreign exchange overdue debts owed mostly by Iranian manufacturers.…
Single forex rate to be introduced after nuclear deal: Central Bank chief
Following the settlement of some international issues, unification of the multi-tier foreign exchange system will be definitely next on the agenda, said…
Iran to rein in emotional reaction to forex rate
A senior Iranian banking official says the Central Bank of Iran (CBI) will curb any emotional variance in foreign exchange rate due to…
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…