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Experts Analyze Impact of Forex Appreciation on Real-Estate Prices

EghtesadOnline: Prices of construction materials are pegged to the value of the US dollar but the decrease in foreign currency exchange rate won’t necessarily lead to the fall in the prices of construction materials, says Alireza Sarhadi, a housing analyst.
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Publish Date:02/December/2020 | 13:22

Volatility Returns to Forex Market

EghtesadOnline: A new round of volatility returned to Tehran's chaotic foreign exchange market Tuesday amid rising uncertainty and prospects of further political tensions.
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Publish Date:02/December/2020 | 13:16

Bid to Resolve Debt Problem of Private Power Producers

EghtesadOnline: Talks are being held to help address the financial problems of private power producers who built plants with forex loans from the National Development Fund of Iran (sovereign wealth fund) and are unable to repay.
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Publish Date:29/November/2020 | 13:18

Gold, Currencies Under Pressure

EghtesadOnline: Forex and gold prices continued to fall on Wednesday in Tehran. The Emami gold coin lost 3.42% and was priced at 117 million rials.
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Publish Date:21/November/2020 | 17:33

Gold, Currencies Under Pressure

EghtesadOnline: Forex and gold prices continued to fall on Wednesday in Tehran. The Emami gold coin lost 3.42% and was priced at 117 million rials.
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Publish Date:19/November/2020 | 15:05

Iran: Forex , Gold Continue to Fall

EghtesadOnline: Major currencies extended losses against the rial on Sunday with the dollar closing the session more than 3.7% lower.
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Publish Date:16/November/2020 | 14:51

Iran: Relative Calm in Forex Market

EghtesadOnline: Iran’s forex market seems to be relatively calm following bouts of anxiety before and after the Nov. 3 US presidential election.
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Publish Date:15/November/2020 | 15:34

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.
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Publish Date:13/November/2020 | 18:59

Iran: Forex Market Retreats, Gold Gains

EghtesadOnline: Currencies traded choppily in Tehran’s market on Wednesday, before ending lower and gold prices market soared.
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Publish Date:06/November/2020 | 08:42

Forex and Gold Higher

EghtesadOnline: Foreign currencies gained against the rial on Monday in Tehran’s open market. The dollar climbed 15,000 rials to reach 291,000 rials, more than 5% higher compared to earlier session.
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Publish Date:04/November/2020 | 16:12

Rial Up, Forex and Gold Down

EghtesadOnline: The national currency pared earlier losses at the beginning of trading day on Saturday as sentiment in the forex market weakened following new measures announced by the Central Bank of Iran including its currency injections to try and curb rates.
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Publish Date:01/November/2020 | 13:17

$6.2 Billion in Subsidized Forex for Basic Goods

EghtesadOnline: Despite restrictions resulting from US sanctions, the Central Bank of Iran provided $6.214 billion in subsidized foreign currency to import essential goods over seven months ending Oct. 21.
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Publish Date:31/October/2020 | 13:03

CBI Says Forex Injections Help

EghtesadOnline: The Central Bank of Iran said it injected $450 million into the market to help stabilize the volatile market and control foreign exchange rates.
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Publish Date:31/October/2020 | 24:55

Forex , Gold Not Losing Clout

EghtesadOnline: The US dollar made a strong comeback on Wednesday in Tehran’s open market after a steep decline a session earlier. Gold prices also followed suit.
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Publish Date:22/October/2020 | 20:00

Insurers Feel the Heat

EghtesadOnline: The insurance industry's total premium is expected to fall short of expectations in the current Iranian fiscal year, largely due to the ruinous Covid-19, rising inflation and forex rates at historic highs, the president of the Central Insurance company of Iran (CII) said.
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Publish Date:19/October/2020 | 18:31

Forex Rates at New Record Highs

EghtesadOnline: The US dollar jumped to an all-time high of 320,000 rials on Thursday, despite the central bank’s move to inject currency in the forever rising market.
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Publish Date:19/October/2020 | 18:25

Forex Rates at New Record Highs

EghtesadOnline: The US dollar jumped to an all-time high of 320,000 rials on Thursday, despite the central bank’s move to inject currency in the forever rising market.
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Publish Date:18/October/2020 | 13:47

Iran: Positivity About Unlocking Forex Overseas

EghtesadOnline: The Central Bank of Iran hopes it would be able to ease the unprecedented pressure on the currency market after billions in assets are unlocked overseas.
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Publish Date:15/October/2020 | 17:24

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