Financial Tribune - Iran's main stock index rose to its highest level in five months on Monday, led by the material sector, as investor sentiment was lifted by robustness of the global economy and high foreign exchange rates in Iran. Monday marked the penultimate trading day of the outgoing year and the rally put Tehran Stock Exchange on a nine-...

Financial Tribune - Foreign exchange rates dropped below the psychological level of 130,000 rials on Monday as markets prepared for relative stability before the fiscal year is out on March 20. According to local media reports, the USD was traded for 127,000 rials in the open market, with bank-affiliated exchange rates also bringing their rates ...

FNA - Former Advisor to the Iranian Foreign Minister Hossein Sheikholeslam said the general policy of the Islamic Republic of Iran is to remove US dollar from all financial exchanges. Sooner or later the dollar will be ditched from all transactions between Iran and other countries. Now, we work with all our neighboring countries with local currencies",...

Financial Tribune - As part of the latest measure to ditch the US dollar from the country's transactions, the Central Bank of Iran has removed the American currency from the list of Sanarate.ir, the website reporting the exchange rate of foreign currencies based on exchange bureaux information. The website reportedly stopped showing the US dollar ...

Financial Tribune- Governor of the Central Bank of Iran Valiollah Seif said the drastic decision by the government to unify the US dollars rate does not mean that a fixed exchange rate system would be at work, as the rate would fluctuate with market mechanisms. Seif said during a TV interview late Tuesday that the exchange rate was only fixed ...

Xinhua - Iran's non-oil trade with other countries in the first 10 months of the current Iranian calendar year, starting from March 21, 2017, stood at 78.41 billion U.S. dollars, Financial Tribune reported on Sunday. The figures indicated a rise of 9.5 percent compared with the previous year, according to the report. The country's exports amounted ...