Financial Tribune - Forex rates moved above 260,000 rials on Sunday to extend a rally that has strengthened since the beginning of the previous week.
The dollar made a big leap forward and rose by 5,000 rials, or 2%, to reach 267,000 rials at the close of Sundays session. The rial has tanked more than 10% since the new turmoil in the currency market ...
Financial Tribune - After a brief halt on Thursday, forex rates resumed rally at the start of the trading week on Saturday with the dollar gaining more than 5,000 rials in Tehrans open market.
The greenback surged to 247,000 rials -- up more than 2% compared to 242,000 rials a session earlier.
Other currencies were soon to follow. The euro climbed ...
Financial Tribune - Major currencies resumed their climb against the rial at the start of trading week on Saturday after being in check for a few sessions largely due to the intervention of the Central Bank of Iran.
The dollar closed at 232,000 rials in Tehrans open market, rising more than 13,000 rials, or 6%, compared to the previous session.
The ...
Financial Tribune - The US dollar extended gains against the rial on Thursday, comfortably breaking past the resistance level of 240,000 rials after falling briefly near the critical level.
The greenback closed Thursday at 243,000 rials, up more than 1.6% compared to 239,000 rials a session earlier.
Similarly, the euro rose slightly to 272,000 ...
Financial Tribune - After a brief hiatus major currencies resumed rallies going back to their bad old ways in Tehran on Wednesday as CBIs selected moneychangers demanded higher rates.
The US dollar rose to 224,000 rials in the free market, up approximately 5,000 rials compared to a session earlier to grab 2.3% gain overnight. Euro hiked about 1....
Financial Tribune - Currency prices shot up again on Monday in Tehran as bank-affiliated moneychangers tagged the US dollar at 165,000 rials -- the highest in the past 20 months. Cold coin prices also increased by another 1.3 million rials to hit an all-time high of 70 million rials ($424).
The greenback gained 2,000 rials, or 1.84%, compared to ...
Financial Tribune - Gold declined in Tehran on Monday, though gold coins were sold at higher prices.
According to Tehran Gold and Jewelry Union's website, 18-karat gold was worth 5.882 million rials per gram, marking 1.58% decline compared to Sunday's close.
Unlike 18-karat gold, gold coin prices registered growth in Mondays trade. The benchmark ...
Financial Tribune - Spike in foreign currency rates gained momentum on Monday after an average 3% climb a day earlier.
Each US dollar was quoted 155,000 rials by exchange-bureaus affiliated to the Central Bank of Iran, up 4,000 rials compared with Sundays close.
The euro hiked more than 3% and was changed for 170,000 rials while the UK pound ...
Financial Tribune - Foreign exchange rates and gold coin prices fell on Saturday following Central Bank of Iran measures to moderate rates after a week of high volatility.
The US dollar that had leaped 9.1% the last week, lost 5.5%, or 8,000 rials and was worth 149,000 rials in Tehran's open market. The euro's decreased by 4.66%, to reach 162,000 ...
Financial Tribune - Currency rates jumped against the rial on Saturday in Tehran market amid rising demand and apparently a shortage in supply.
The US dollar was traded between 151,000 to 153,000 rials, the highest in the past nine months. The greenback climbed as high as 155,000 rials during the session only to dip down later in the day.
Bank-...
Financial Tribune - Foreign currency and gold coin prices increased in Tehran on Wednesday ostensibly influenced by the upcoming meeting of Financial Action Task Force on Feb 21.
Moneychangers in Tehran sold the dollar for 139,500 rials, 1,500 rials higher than the close of the previous session. Euro was priced 151,080 rials -- slightly lower than ...
Financial Tribune - Gold and currency prices fell in domestic market at the start of the week on Saturday as Tehran market began responding to de-escalation of political and military tensions in the region.
The US dollar, which changed hands as high as 138,000 rials last week, retreated back to the supportive level of 130,000 rials, down 1.2% compared ...
The Wall Street Journal - Gold prices rise after Iran fired more than a dozen ballistic missiles at U.S. forces in Iraq, according to the Pentagon, an act of retaliation for the assassination of Iranian Maj. Gen. Qassem Soleimani.
The precious metal is 0.9% higher at $1,588.30 a troy ounce in the New York futures market in early European trading....
Bloomberg - Gold held near the highest level in more than six years as risk appetite crept back into equity markets, with investors on alert for Irans next move in the showdown with the U.S.
Gold, which climbed 2.4% over the past two days to approach $1,600 an ounce, was little changed Tuesday as equities in Europe and Asia jumped.
Bullion investors ...
Financial Tribune - Currency rates have been of the declining order since last Tuesday amid widespread presence of the Central Bank of Iran in the market and reports about easing political tensions.
Each US dollar, which was traded for 151,000 rials last Tuesday, fell below the resistance channel of 150,000 rials on Saturday and changed hands for ...
Financial Tribune - A mid the upbeat in the Tehran stock market, gold and currency closed the week bullish despite decline in international gold prices.
The US dollar briefly climbed above the resistance level of 145,000 on Thursday, up 1.5% compared to a day earlier. The euro traded for 162,000 rials and the UK pound fetched 187,000 rials.
The ...
Reuters - Gold edged lower on Tuesday as strong equities provided a risk-conducive backdrop for investors, countering support from Washingtons move to end waivers on Iranian oil sanctions.
Spot gold fell 0.1 percent to $1,273.18 per ounce as of 0750 GMT. U.S. gold futures shed 0.2 percent to $1,275 an ounce.
Gold is currently trying to find a ...
Financial Tribune - The benchmark Bahar Azadi Gold Coin that traded at 52.50 million rials ($375) in Tehran during the week, lost more than 7% by Thursday's market close and fetched 48.40 million rials ($345), according to the head of Irans Specialized Gold and Jewelry Commission at the Iran Chamber of Guilds.
The price of half and quarter coins ...
Financial Tribune - Despite an uptick in gold prices in international markets on Monday, the yellow metal stayed almost unchanged in Tehran due largely to falling currency rates.
The benchmark Bahar Azadi coin fetched 38.4 million rials ($350) on Monday, according to the Tehran Gold and Jewelry Union website.
Global gold prices rose Monday as ...
Press TV - Market figures in Iran show the prices of the US dollar and gold two key drivers of consumer prices - have been declining over the past week in what is seen as a clear defiance against earlier predictions that sanctions could trigger a price shock in the country.
The prices of the US dollar against the Iranian Rial saw a decline ...