The US dollar is being used as an instrument for regime change and interference in the internal affairs of other countries, and “everyone” is “tired” of the greenback, Russia’s foreign minister, Sergey Lavrov, stated on Thursday.

Chinas top diplomat in Iran says efforts by developing countries to ditch the US dollar are gaining momentum. In an interview with Irans Tasnim news agency published on Monday, Ambassador Chang Hua said that the US dollar is in its weakest position ever as many countries have lost confidence in the currency. That is a result of the United States ...

The American dollar has fallen by around a fifth against the Iranian rial as people flock to the markets to sell their currency savings amid fears that change of government in the United States elections might strengthen the rial. A report by the IRIB News on Thursday said the dollar was trading nearly 18 percent lower compared to earlier this week ...

Reuters - The Iranian rial fell to a record low against the U.S. dollar on the unofficial market on Sunday, a day after the U.S. President Donald Trumps administration declared all United Nations sanctions on Tehran had been restored. The dollar was offered for as much as 273,000 rials, up from 267,800 rials on Saturday, according to foreign exchange ...

AP Irans currency on Saturday dropped to its lowest value ever against the dollar, and has seen its value fall by 30% since June amid severe U.S. sanctions imposed on Tehran. Money exchange shops traded the Iranian rial 262,000 for a dollar. The rial had traded at 256,000 to $1 on Thursday, and markets were closed Friday, the start of the weekend ...

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 ...

Reuters - The Iranian rial fell to a new low against the U.S. dollar on the unofficial market on Saturday, as the economy comes under pressure from the coronavirus pandemic and U.S. sanctions. The dollar was offered for as much as 215,500 rials, softening from 208,200 on Friday, according to foreign exchange site Bonbast.com. The economic daily ...

Financial Tribune - Major foreign currencies rallied again in Tehrans open market on Sunday with the dollar bouncing back to 202,000 rials, up 2.5% overnight. One euro fetched 226,000 rials, up more than 3% compared to Saturdays close. The UK pound sterling rose 4,000 rials to 246,000 rials. The UAE dirham was worth 56,600 rials. The greenback ...

Financial Tribune - The US dollar paused on Wednesday following two weeks of strong rallies after Central Bank of Iran reportedly stepped in to stop further deprecation of the rial. ISNA reported that the CBI injected $55 million in hard currency into the market via its affiliate- exchangers. The greenback went up to 205,000 rials in the middle ...

Financial Tribune - Iranian rial hit new lows against major currencies on Tuesday with the US dollar breaking above the psychological 200,000 rials. After tumbling near the critical level a day earlier, the greenback broke through the resistance level closing at 201,700 rials at Tehrans open market, marking the highest ever depreciation of the national ...

AP Irans currency has dropped to its lowest value ever at 190,000 rial for each dollar amid severe U.S. sanctions against the country. The Iranian currency has tumbled from a rate of 32,000 rials to $1 at the time of Tehrans 2015 nuclear deal with world powers. The rial unexpectedly rallied after President Donald Trumps decision to withdraw ...

Reuters - The Iranian rial hit its lowest rate against the dollar since September 2018 on the unofficial market on Thursday, a foreign exchange website reported, amid the worsening economic impact of U.S. sanctions and the new coronavirus outbreak. The dollar was being offered for as much as 188,200 rials, according to website Bonbast.com, which ...

financial Tribune - Major currencies on Thursday hit the highest rates since September 2018 with the dollar traded at 180,000 rials in Tehrans open market. One euro fetched 203,000 rials and the UK pound sterling 226,000 rials. Following similar trends in the open market, moneychangers affiliated to the Central Bank of Iran also increased their ...

Financial Tribune - The ascending order of the US dollar and euro continued on Wednesday, being sold respectively at 178,000 rials and 194,000 rials in Tehran's open market. The greenback was traded 0.9% higher than the previous day's close while the European currency marked an increase of 1.03%. Bank-affiliated exchange shops sold the dollar ...

Financial Tribune - The US dollar surged above the critical 170,000-rial level on Sunday at the moneychangers affiliated with the Central Bank of Iran. The moneychangers traded the dollar at 170,230 rials, up 2,300 rials, or 1.4%, compared to Saturdays close. Each euro at the CBI forex bureaus were sold for 184,200 rials, 1.2% higher than the ...

Reuters - The Iranian rial hit its lowest rate against the U.S. dollar since September 2018 on the unofficial market on Tuesday, a foreign exchange website reported, amid a deterioration in the economic situation brought on by crippling U.S. sanctions and restrictions to deal with the new coronavirus outbreak. The dollar was being offered for as ...

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 - Major currencies soared in Tehran on Tuesday amid new concerns among market participants about a decision by the Financial Action Task Force on Iran by the weekend. The US dollar was worth 14,440 rials in Tehrans open market, up 2,500 rials compared to Mondays close. One Euro bought 15,600 rials. Currency prices have been ...

Financial Tribune - Exchange shops in Tehran on Saturday sold the US dollar at 133,500 rials, which was up 2.7%, or 3,500 rials, compared to previous working day's close. According to the Tehran Gold and Jewelry Union website, the euro also posted 2.4% growth in Saturday trade with 148,500 rials. Local media also reported an increase in the difference ...

Free Malaysia Today - Prime Minister Dr Mahathir Mohamad is agreeable to Irans suggestion on using cryptocurrency as an alternative to the US dollar. We are hearing this for the first time that Iran and Turkey are of the opinion that we should use an alternative to the US dollar. We can use our own currencies or have a common currency, he said....