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CBI Forex Dealers Raise Rates

EghtesadOnline: Unabated rallies in currency rates propelled exchange shops affiliated to the Central Bank of Iran to push rates to unprecedented levels on Tuesday.
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Publish Date:07/October/2020 | 19:55

Forex Back on Fast Track in Iran

EghtesadOnline: Foreign exchange rates in Iran’s free market climbed again on Monday after a lull in the past two sessions as the US dollar clawed back losses in previous trade.
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Publish Date:06/October/2020 | 13:38

Demand for Gold, Forex Still High

EghtesadOnline: Gold coin prices soared again in Tehran riding on the upbeat mood in the currency market and the omnipresent rush to buy the precious metal.
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Publish Date:01/October/2020 | 15:18

Forex Rates and Gold Climb

EghtesadOnline: Foreign exchange rates made significant gains on Monday despite efforts by the Central Bank of Iran to meet demand through the secondary market.
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Publish Date:29/September/2020 | 14:17

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

Forex Rates High and Rising

EghtesadOnline: After touching 280,000 rials on Wednesday, the US dollar again extended gains against the rial on Thursday. It sold for 286,500 rials in Tehran’s open market, rising 6,000 rials, or 2%, compared to the previous session’s close.
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Publish Date:26/September/2020 | 13:32

Forex Rates and Gold Back to Record Highs

EghtesadOnline: After a brief lull, currency rates again rallied against the rial on Sunday. The dollar was quoted at 273,000 rials in Tehran’s open market, up 7,000 rials, or 2%.
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Publish Date:21/September/2020 | 14:11

Hemmati Blames US Plots for Steep Increase in Forex Rates

EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati reiterated that fluctuations in the foreign exchange market is linked more to external and less to economic factors.
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Publish Date:19/September/2020 | 24:11

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

Forex Reaches All-Time High

EghtesadOnline: Foreign exchange rates gained against the rial in Tehran’s unofficial market Tuesday amid rising demand and despite large-scale forex injection by exchange bureaus affiliated to Central Bank of Iran.
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Publish Date:09/September/2020 | 11:26

Forex , Gold Move Higher in Tehran

EghtesadOnline: After a brief halt on Thursday, forex rates resumed rally at the start of the trading week on Saturday with the dollar gaining more than 5,000 rials in Tehran’s open market.
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Publish Date:06/September/2020 | 24:21

CBI Resilient Amid Mounting US Pressure, Says Hemmati

EghtesadOnline: The Central Bank of Iran’s monetary and forex policy is resilient and has resisted the perpetual hostility and economic sanctions of the United States, the bank’s governor said.
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Publish Date:31/August/2020 | 09:17

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

Tehran Forex Market Edges Up

EghtesadOnline: After a short-lived downturn a day earlier, major currencies climbed again on Monday with the dollar drawing closer to 220,000 rials at the end of trading session.
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Publish Date:11/August/2020 | 17:14

Tehran Market: Forex and Gold Fall Together

EghtesadOnline: The US dollar dropped by 21,000 rials on Sunday, losing close to 9% against the rial. The decline soon extended to bullion market, causing gold prices to fall about 10%.
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Publish Date:10/August/2020 | 10:14

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

Forex and Gold Firm in Tehran Market

EghtesadOnline: Major currencies resumed their climb against the rial at the start of trading week on Saturday after being in check for a few sessions largely due to the intervention of the Central Bank of Iran.
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Publish Date:26/July/2020 | 08:42

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