tag Forex Rates

Private Sector Waiting for Single Forex Rates

EghtesadOnline; In his latest remarks to the news website of Iran Chamber of Commerce, Industries, Mines and Agriculture, the chamber’s deputy head talked of new deals in the industrial sector, underlining the importance of exchange rate unification and new openings in international banking.
|
Publish Date:18/July/2016 | 14:48

CBI Optimistic About Lower Forex Rates

EghtesadOnline: Foreign exchange rates increased again Monday, with the dollar recording gains for the second day in a row. The Central Bank of Iran, however, said it expects further decline in rates.
|
Publish Date:10/November/2020 | 14:15

Forex Rates Low as Demand Declines in Tehran Market

EghtesadOnline: Sailing in calm waters since the beginning of the calendar year (mid-March), the currency market witnessed another fall at the start of the business week in Tehran on Saturday.
|
Publish Date:27/August/2019 | 10:06

Iran Currency Market: FX Rates Surge Amid Rising Demand

EghtesadOnline: Currency rates surged in the open market in Iran following more than two weeks of bear market after demand for foreign currency rose amid expectations that the plunging forex rates had hit the bottom.
|
Publish Date:24/July/2019 | 10:07

Open Market, Nima Forex Rates Gap Narrows

EghtesadOnline: The foreign exchange rate in Integrated Forex Deals System (Persian acronym for Nima) has been hiked in recent months to come closer to the rates quoted on the Sana website that reports the average exchange rates from the exchange bureaus, according to a report by the Department of Economic Reviews of Tehran Chamber of Commerce, Industries, Mines and Agriculture.
|
Publish Date:06/July/2019 | 11:45

Exporters Repatriate €4.5b in Q1

EghtesadOnline: Following hikes in forex rates in the Integrated Forex Deals System, known by its Persian acronym Nima, Iranian exporters repatriated more overseas earnings to the country.
|
Publish Date:22/June/2019 | 11:42

Nima Forex Rates Rise

EghtesadOnline: In the fiscal month to May 22, almost €2.16 billion in foreign currency was sold via the Integrated Forex Deals System, locally known as Nima, IRNA reported. In the same period currency rates in Nima also soared.
|
Publish Date:26/May/2019 | 10:26

Iran: Forex Rates Rise to 8-Month High

EghtesadOnline: Currency rates have been rising in Iran’s open market amid the negative psychological climate created by the ongoing political developments and investors’ uncertainty about what the future holds.
|
Publish Date:11/May/2019 | 13:24

Forex Rates Dip in Tehran Markets

EghtesadOnline: With last week's brief volatility behind, the currency market in Tehran experienced more stability on Saturday. The US dollar, which had surged above the resistance level of 140,000 rials last week, was traded for 137,000 rials in the open market.
|
Publish Date:14/April/2019 | 14:51

Central Bank of Iran Focus on Stability of Forex Rates

EghtesadOnline: Governor of the Central Bank of Iran says besides the importance for the national currency to regain more of its value, the CBI remains focused also on the stability of the rial.
|
Publish Date:12/February/2019 | 13:25

Iranian Lawmaker Says Forex Rates Should Be of Descending Order

EghtesadOnline: Following the recent decline in foreign currency rates, the price of goods which leaped (thanks to earlier exchange rate rises) over the past several months is expected to fall again, says Mohammad-Reza Pour-Ebrahimi, the chairman of Majlis Economic Affairs Commission.
|
Publish Date:01/December/2018 | 10:39

Forex Rates Gain in Tehran Market

EghtesadOnline: Foreign exchange rates gained on the Tehran currency market on Sunday for the first time after a period of stability with the dollar again crossing the resistance level of 140,000 rials. In late afternoon, the greenback traded at 144,000 rials. The euro changed hands for 166,000 rials, up from the previous day's 159,000 rials.
|
Publish Date:29/October/2018 | 08:28

Forex Rates Decline Continues in Tehran Market

EghtesadOnline: The currency market in Tehran stabilized further on Sunday with the USD exchange rate dropping below the support level of 140,000 rials. The greenback was traded for 138,000 rials on the open market to post the fourth straight decline. The Euro changed hands for 160,000 rials -- down from 162,400 at the outset of trade.
|
Publish Date:15/October/2018 | 05:54

Decline in Forex Rates Expected

EghtesadOnline: While the foreign exchange rates are still considered bullish by most observers, both officials and businesspeople expect the market to stabilize in the coming days, as the latest rescue package takes effect.
|
Publish Date:18/August/2018 | 04:20