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Slight Gains in Currency Rates

EghtesadOnline: Forex rates in Tehran were rather stable on Sunday compared to the past several weeks as traders exercised extra caution due to the Central Bank of Iran’s presence in the market.
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Publish Date:28/September/2020 | 18:19

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

Rial Makes a Comeback After Two Months of Historic Lows

EghtesadOnline: The national currency declined to new lows in the face of a rising dollar on Monday but later recovered partially following intervention by exchange bureaus affiliated to the Central Bank of Iran.
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Publish Date:15/September/2020 | 09:30

Currency , Gold Keep Climbing

EghtesadOnline: Forex rates moved above 260,000 rials on Sunday to extend a rally that has strengthened since the beginning of the previous week.
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Publish Date:14/September/2020 | 13:05

At 260,000 Rials, US Dollar Surpasses All-Time High

EghtesadOnline: Building on earlier gains, the US dollar advanced at the start of the trading week on Saturday climbing above the psychological level of 260,000 rials in unofficial currency markets in Iran.
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Publish Date:13/September/2020 | 24:04

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

Currency Swaps and Challenges

EghtesadOnline: The Monetary and Banking Research Institute (MBRI), the research arm of Central Bank of Iran, has looked into challenges ahead of Iran’s currency swap agreements and offered solutions.
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Publish Date:08/September/2020 | 14:02

Forex Fractionally Lower

EghtesadOnline: Tehran’s currency market was calm on the first day of the week as foreign currency rates decreased but bank-affiliated moneychangers were unmoved.
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Publish Date:23/August/2020 | 11:18

Currency Rates Notch Higher in Tehran Market

EghtesadOnline: The US dollar gained 3% against the national currency in Tehran’s free market and was sold for 230,000 rials on Monday after vacillating between 220,000-224,000 rials for two weeks.
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Publish Date:18/August/2020 | 10:02

Exporters Flouting Rules Warned Again

EghtesadOnline: The Central Bank of Iran says it will send to the judicial authority a bigger list of exporters that have failed to repatriate their currency earrings.
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Publish Date:05/August/2020 | 09:12

Impact of Fiat Money

EghtesadOnline: Expansion of monetary growth has again been blamed on the Central Bank of Iran’s obligation to purchase forex from the National Development Fund of Iran and settle the payment in rials, an “ill-advised method” the CBI governor says is tantamount to over borrowing from the bank at a time when NDFI currency resources at best are inaccessible.
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Publish Date:01/August/2020 | 24:00

Currency Stable, Gold Falters

EghtesadOnline: Currency rates were largely stable on Wednesday after losing 18% during three consecutive sessions of bear market. However, gold prices extended the slide.
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Publish Date:23/July/2020 | 09:03

Currency and Gold Slump in Tehran Market

EghtesadOnline: Currencies took a drubbing in Tehran after rallying for seven consecutive days and the decline soon extended to gold prices.
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Publish Date:21/July/2020 | 24:20

Forex Remains on Fast Track in Iran

EghtesadOnline: Currency rates experienced sharp swings on Sunday, with major currencies soaring again to new highs at the start of the trading session before retreating later.
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Publish Date:20/July/2020 | 15:06

Forex Rates Rise Unabated in Tehran Market

EghtesadOnline: Currency rates are rising unabated in Tehran with exchange bureaus affiliated to, and working for, the Central Bank of Iran again the increased the dollar rate by 3.65% on Sunday after the 10% rise a day earlier.
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Publish Date:06/July/2020 | 09:01

Shares Fall to Make Comeback in Tehran Market

EghtesadOnline: Tehran stocks opened Sunday in negative territory with the benchmark of Tehran Stock Exchange losing about 2,000 points only to rebound later as a fresh rally in the currency market boosted sentiment.
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Publish Date:06/July/2020 | 08:57

2,500 Commercial Cards Suspended

EghtesadOnline: Iran’s Trade Promotion Organization suspended 2,500 commercial ID cards after their owners failed to heed government warnings regarding the return of overseas export currency earnings, head of the TPO said.
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Publish Date:30/June/2020 | 08:26

Rial Settles 5.6% Up

EghtesadOnline: Iran’s national currency pared more of earlier losses on Thursday, gaining 5.6% against the dollar in two days after tanking to all-time lows on Tuesday.
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Publish Date:27/June/2020 | 10:06

Tehran Stocks Surge 3.6%

EghtesadOnline: Tehran stocks made one of the biggest advances on Tuesday, rising almost 50,000 points as demand for most commodity shares remained high and increase in currency rates boosted inflation expectations.
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Publish Date:24/June/2020 | 24:00

Shares Continue Winning Streak

EghtesadOnline: Tehran Stocks rallied on Monday as the unprecedented surge in currency rates continued to boost investor sentiments over future rise in share prices.
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Publish Date:23/June/2020 | 10:49