tag foreign currency

Foreign Ministry’s Budget Down 10%

EghtesadOnline: The Foreign Ministry’s budget, when converted to foreign currency , is 10% less in the current fiscal year (2021-22) compared with that of last year (2020-21).
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Publish Date:27/June/2021 | 06:14

Forex, Gold in Tehran Moving Up

EghtesadOnline: 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.
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Publish Date:15/February/2020 | 13:06

Iran: $46b Allocated for Imports in Outgoing Fiscal

EghtesadOnline: The acting head of Trade Promotion Organization of Iran says $46 billion in foreign currency has been allocated for imports in the current fiscal. Of this $24 billion was allocated by banks and $10.5 via Nima (integrated forex rate system).
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Publish Date:16/March/2019 | 24:46

IRICA: Gold, Forex Imports Not Smuggling

EghtesadOnline: The import of foreign currency does not amount to smuggling and their import, as well as those of gold, is permitted without restriction, a directive issued to all customs offices across the country by the Islamic Republic of Iran Customs Administration on Tuesday reads.
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Publish Date:23/September/2018 | 13:17

Iran - List of Subsidized Imports Gets Longer

EghtesadOnline: Seventy-five new items have been included among essential goods that can be imported by receiving foreign currency at the subsidized rate.
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Publish Date:05/September/2018 | 05:29

Surcharge on Forex Rate Difference “Illegal”

EghtesadOnline: The retrospective application of Clause Five of the government’s new foreign currency on imports is against the law, the chairman of the parliamentary faction focused on fighting corruption and economic transparency said.
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Publish Date:26/August/2018 | 13:01

Iran: Airfares Skyrocket in Wake of Forex Crisis

EghtesadOnline: The Civil Aviation Organization of Iran issued a directive on Thursday, saying that the foreign currency needed by airlines to finance their ongoing operations would be determined at the rates set by the Central Bank of Iran’s Sana system, as the government would no longer supply forex at subsidized rates.
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Publish Date:14/August/2018 | 05:46

FTZ Rules Revised

EghtesadOnline: First Vice President Es’haq Jahangiri has issued a directive to government agencies laying out the details of latest revisions to foreign currency and order-placement regulations in free trade zones.
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Publish Date:14/August/2018 | 05:38

Money, Gold Smuggling Ring Dismantled

EghtesadOnline: Iran’s intelligence forces disbanded a criminal ring on Thursday involved in foreign currency and gold smuggling.
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Publish Date:04/August/2018 | 04:13

$239m Supplied to Meet Public Forex Demand

EghtesadOnline: The Central Bank of Iran has supplied $239 million over the past three months at the official exchange rate to satisfy public demands for foreign currency to pay for medical, educational, transportation and other services.
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Publish Date:29/July/2018 | 05:15

Agro Export Ban Aimed at Controlling Profiteering

EghtesadOnline: Now that the government allocates subsidized foreign currency to imports of essential goods, their export seems to be uncalled-for, the head of Exports Promotion Directorate of the Agriculture Ministry said on Sunday.
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Publish Date:10/July/2018 | 07:03

CBI Eases Forex Rules for Int’l Exams

EghtesadOnline: Candidates attending international exams are eligible to apply for foreign currency at the official rate, the Central Bank of Iran said in a letter to the National Organization of Educational Testing.
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Publish Date:03/July/2018 | 06:10

New Forex Regulations for Foreign-Based Students

EghtesadOnline: The Central Bank of Iran issued new regulations governing the allocation of foreign currency to Iranians studying overseas, two months after the government tightened its control over the currency market to curtail a spiraling crisis.
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Publish Date:10/June/2018 | 05:13

New Measure to Fast-Track Foreign Currency Allocations

EghtesadOnline: On recent measures taken by the CBI Farzin said, is Allocating currency from the government's reserves for essential goods and medicine is one of the first steps to restore stability and prevent steep jumps in exchange rates.
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Publish Date:13/May/2023 | 22:15

Gold and Forex Make History in Tehran

EghtesadOnline: Gold and foreign currency in Tehran posted strong gains in post-holiday trading on Saturday jumping to record highs.
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Publish Date:11/October/2020 | 14:06

Currency Appreciation Stopped In Tehran Market

EghtesadOnline: The rising tide of foreign currency rates against the rial paused on Saturday after soaring to record highs last week. The slide extended to the bullion market.
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Publish Date:20/September/2020 | 11:36

Iran’s CB Suspends ‘Currency Quota’

EghtesadOnline: The Central Bank of Iran on Wednesday temporarily suspended allocation of $2,200 or equivalent in foreign currency at relatively less rates to the people after price arbitrage with the free market caused new problems.
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Publish Date:10/September/2020 | 11:04

Gold, Forex Slide in Tehran Market

EghtesadOnline: After a concerning pattern of hikes in the price of gold and foreign currency in Tehran, both assets registered decline in Monday trade.
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Publish Date:07/July/2020 | 10:13