Currency, gold keep climbing
Financial Tribune – Forex rates moved above 260,000 rials on Sunday to extend a rally that has strengthened since the beginning of…
Tag Archives: Iran’s currency
As Iran’s exports drop, pressure rises on its currency reserves
Radio Farda – The Islamic Republic customs data for the first two months of the new Iranian calendar year (beginning March 20,…
Iran’s currency is set to get a new name — and lose four zeros
CBS | Seyed Bathaei: The head of Iran’s Central Bank announced Monday that the nation’s currency was set to be re-named and…
Iran chops off zeroes from currency, changes ‘rial’ to ‘toman’
MNA – Iranian lawmakers approved on Monday a monetary bill to shave four zeroes off the national currency. As per the bill…
Currencies gain, gold slightly lower
Financial Tribune – Spike in foreign currency rates gained momentum on Monday after an average 3% climb a day earlier. Each US…
Currency rates climb in Tehran for 3rd straight day
Financial Tribune – The rial extended a losing streak against major currencies for the third day on Wednesday, pushing the Central Bank…
Currency and gold dip in Tehran market
Financial Tribune – Gold and currency prices fell in domestic market at the start of the week on Saturday as Tehran market…
Currency rates boost Tehran stock value
Financial Tribune – Keeping pace with trends in the domestic currency market, Tehran stocks rallied Saturday to new peaks. The main gauge…
Gold and currency surge in Tehran market
Financial Tribune – The US dollar was traded above the psychological level of 130,000 rials on Saturday and was worth 132,000 rials…
Currency, stocks extend gains in Tehran
Financial Tribune – Currency rates rose in Iran’s market on Wednesday, extending concerns about fluctuations that began in early November. The US…
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 rial rebounds despite tightening Trump sanctions
Bloomberg – Iran’s currency has appreciated 40% in the past year, the country’s central bank governor said, recovering from historic lows reached…
Iran intelligence forces smash network of currency offenders
Tasnim – Iranian Intelligence Minister Seyed Mahmoud Alavi said the country’s security forces have identified and busted a network of currency offenders…
Don’t look now, President Trump: Iran’s currency is soaring
Bloomberg | Paul Wallace: If there was a currency you wouldn’t expect to be strengthening, it would be Iran’s. But the truth…
Currency, gold lose luster in Tehran market
Financial Tribune – Currency rates in Tehran have been of the descending order over the past two weeks amid noticeable decline in…
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…
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…
Iran currency market in check
Financial Tribune – Despite apprehensions that currency rates would soar after US announcement on Monday that it was ending sanction waivers on…
Currency, gold decline in Iran
Financial Tribune – Foreign exchange rates dropped below the psychological level of 130,000 rials on Monday as markets prepared for relative stability…
Oxygen-18 to import currency to Iran; AEOI head
MNA – The head of the Atomic Energy Organization of Iran (AEOI), Ali-Akbar Salehi, said Oxygen-18, a natural isotope of oxygen, which…
Currency rates climb in Tehran market
Financial Tribune – The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of…
Top banker: Removing zeros from Iran’s currency not to impact inflation
Tasnim – Governor of the Central Bank of Iran described a plan to lop off four zeros from the country’s currency as…
Minister: Experts working on cutting 4 zeros off Iran’s rial
IRNA – Minister of economic affairs and finance Farhad Dejpasand said on Tuesday that experts are currently working on a proposed mechanism…
Lopping four zeros off rial to take about 2 years
MNA – Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Mon. that removing four zeros off national currency…
Iran’s coverage: Iran’s central bank proposes slashing 4 zeros from currency
Daily look at Iran’s late-breaking news and upcoming events: CBI seeks to slice four zeros off currency: Hemmati The Central Bank…
CBI seeks to slice four zeros off currency: Hemmati
MNA – The Central Bank of Iran (CBI) is looking to take four zeros off the national currency in a bid to…
After repeated record lows, rial recovers unexpectedly
MNA – Following government’s Saturday measure to grant authority to the Central Bank of Iran (CBI) to interfere in the foreign exchange…
Iran ditched single-currency rate policy to avoid US trap, top banker says
Tasnim – Governor of the Central Bank of Iran defended ditching the idea of a single dollar exchange rate as a strategy…
Dollar out, Yuan in: Iran changes benchmark currencies
Press TV – Iran has removed the US Dollar from its official currency rate reporting platform and replaced it with China’s Yuan…
MPs call for opening probe into CBI case
MNA – An Iranian MP said Sat. that the Parliament’s Economic Commission is seeking to open a probe into the activities and…
The interest group economics wreaking havoc on Iran’s currency
Al-Monitor | Bijan Khajehpour: While the Iranian rial has appreciated in recent days, its drop in value of more than 50% since March…
CBI chief says to execute new currency plan Tue.
MNA – Governor of Central Bank of Iran, Abdolnaser Hemmati, said a new foreign currency package aimed at reigning in the currency…
Iran’s rial claws back some losses after record fall
Press TV – Iran’s rial bounced back on Tuesday from a record low which has seen the national currency lose nearly two-thirds…
Afghan immigrants leaving Iran after devaluation of Iranian currency
IFP – A huge number of Afghan immigrants and refugees have begun to leave Iran due to the recent decline in the…
Relative calm seen in Iran’s currency market
Press TV – Serious signs have appeared in Iran that show the country’s volatile foreign currency market is already heading toward stability.…
Foreign garment prices increase
Financial Tribune- The prices of foreign garments in the Iranian market have increased by 10-15% since the beginning of the current fiscal…
Iran’s currency tensions spur crypto ban
Al-Monitor | Maziar Motamedi: Last week, Iran joined the growing list of nations to crack down on cryptocurrencies. But why did it…
Currency repatriation in the crosshairs
Financial Tribune | Maziar Motamedi: When President Hassan Rouhani’s administration decided to unify Iran’s dual foreign exchange rate regime to prevent further…
President assures people of meeting domestic currency needs
IRNA – President Hassan Rouhani on Sunday assured the Iranian people that the government owns sufficient foreign exchange reserves to meet their…
Why Iran moved to unify dual exchange rates
Al Monitor | Maziar Motamedi: In an abrupt move, Iran moved to unify its dual exchange rates — one official and the…