MNA Based on planned perspectives trade volume exchange between Islamic Republic of Iran and India must increase up to $30 billion. Consul General of the Islamic Republic of Iran in Indias Hyderabad Mohammad Haghbin Qomi made the remarks in Bushehr province on Wednesday and put the trade volume exchanged between Islamic Republic of Iran and India ...

Financial Tribune - President Hassan Rouhani on Saturday weighed in on foreign exchange volatility that has seen the rial sink to consecutive record lows since April, saying that the crisis has been triggered by both foreign pressure and domestic malpractices. "Today, there is disturbance in the currency market , a part of which is due to pressures ...

Financial Tribune - Foreign exchange rates and gold coin prolonged their rallies on Monday, amid news of President Hassan Rouhani deliberating changes in his economic team, which will likely replace the governor of Central Bank of Iran as his five-year term is coming to an end. According to reports from the unofficial market, the US dollar's exchange ...

Financial Tribune- The Central l Bank of Iran has announced allocating $6.6 billion to fulfill the country' foreign exchange needs between April 11 and May 8 at the unified rate of 42,000 rials. CBI said in a statement published on its website that of this amount, $5.46 billion have been allocated through banks from central bank resources, $700 ...

Financial Tribune | Maziar Motamedi: When President Hassan Rouhanis administration decided to unify Irans dual foreign exchange rate regime to prevent further depreciation of its currency on April 9, part of its market control process translated into a measure that has prompted mixed response from the private sector. One of the 16 measures approved ...

Al Monitor | Maziar Motamedi: In an abrupt move, Iran moved to unify its dual exchange rates one official and the other the free market rate on April 11to prevent further depreciation of the rial, re-establish the currency'sstability and empower banks. Why at that time, and how successful will the move be? The short answer seems to be that it was ...

Reuters - Irans central bank chief on Monday warned investors speculating on the fall of the rial that they were heading for losses because his bank could control the foreign exchange market and the currency was likely to rebound in the next couple of months. Goveror Valiollah Seif was quoted by Irans Tasnim news agency as the rial sank to record ...

Financial Tribune- Rising foreign exchange rates over the past several weeks is pushing up the price of raw material for automakers according to the secretary of Irans Automakers Association. He has called on the government to provide more support to the local auto part manufacturers. According to Eghtesad Online, Ahmad Nematbakhsh says automakers ...

Tehran, Oct 1, IRNA Minister of Finance and Economic Affairs Ali Tayyebnia announced that the government has planned to reach a single rate of foreign exchange by the end of the Iranian calendar year (started March 20). Tayyebnia told reporters on Saturday that the government insists on fulfillment of that plan and will do it by the end of the ...

The International Monetary Fund (IMF) has pointed to a significant rise in Irans foreign exchange reserve. In its latest World Economic Outlook report, the IMF said the Iranian reserve of foreign exchange rose by 14.3 billion dollars in 2015, registering a record of 125.9 billion dollars. It added however that the reserve could slightly slim ...

Risk aversion prevailed as Iranian investors cashed out of risky assets and moved toward the haven of foreign exchange and gold on Wednesday. Iranian markets showed a cautious first reaction to the signing of a historic deal between Iran and P5+1United States, Russia, Britain, France, China and Germanythat would ensure the peaceful nature of Iran's ...

Daily look at Iran's late-breaking news and upcoming events:   Iran to stage massive air defense wargames in October Iranian air defense units plan to carry out massive nationwide exercises in October, Commander of Khatam al-Anbia Air Defense Base Brigadier General Farzad Esmaeili announced on Saturday.   Rafsanjani: Ripples of military ...

Todays top stories in Iran includeIrans 25thbattle group enteringstraits of Bab-el-Mandeb;Iran's Central Bank Governor predicting exchange rate's decline;26th Tehran International Book Fair hosting book lovers; USD, euro prices rising at Irans forex center;Irans solidarity with Syria under any circumstances and ending fifth court session of Kahrizak ...