برچسب Iran currency

Afghan Immigrants, Refugees Leaving Iran in Droves

EghtesadOnline: A huge number of Afghan immigrants and refugees have begun to leave Iran due to the recent decline in the value of the Iranian national currency, arguing that it’s no more cost-efficient to work in the country.
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Publish Date:14/July/2018 | 06:07

Euro Hit New High

EghtesadOnline: The rial was quoted at 45,950 to euro on Thursday in Tehran’s market, losing 4.35% against the European currency compared with the previous Thursday’s close.
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Publish Date:29/July/2017 | 08:51

Currency Change Requires Majlis OK

EghtesadOnline: The Central Bank of Iran on Tuesday announced that the government’s proposal for changing the currency unit needs to be passed by the parliament.
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Publish Date:26/July/2017 | 09:33

Subsidized Currency Hurting Domestic Production

EghtesadOnline: Domestic production in Iran is highly subsidized by the state, which is borne out by the fact that the country is not a member of World Trade Organization and the significantly high tariffs it slaps on imports.
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Publish Date:11/June/2017 | 10:29

Tenuous Dollar Role Merits Shift to Other Currencies

EghtesadOnline: A Central Bank of Iran official has denied any downside resulting from the country's decision to ditch the US dollar in its official statements, saying the minor role of the greenback in Iran's currency basket justifies the decision.
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Publish Date:11/June/2017 | 10:27

Iran pressing ahead with plan to ditch dollar

EghtesadOnline: A recent controversial decision by a Luxembourg court to endorse freezing Iran’s assets has once against brought a plan by Tehran to ditch the US dollar into the spotlight.
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Publish Date:04/April/2017 | 24:09

Gold Down, USD Up

EghtesadOnline: Bahar Azadi Gold Coin fell by 100,000 rials on Wednesday, changing hands for 12.10 million rials ($323) in Tehran’s market to witness another drop after an unexpected rally in recent days.
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Publish Date:19/March/2017 | 11:19

USD at 100-Day Low Against the Rial

EghtesadOnline: The rial was quoted at 37,240 to the US dollar on Wednesday, gaining 0.59% against the greenback compared with Tuesday's close.
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Publish Date:09/March/2017 | 17:10

USD at 37,800 Rials in Tehran Market

EghtesadOnline: The rial was 37,800 to the dollar on Saturday, marking a 0.08% gain against the US currency compared with the previous day’s close, according to Tehran Gold and Jewelry Union's website.
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Publish Date:26/February/2017 | 24:30

Proposal for Setting Forex Rates

EghtesadOnline: The difference between domestic and foreign inflation rates should be used to determine the foreign exchange rates, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture proposed.
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Publish Date:11/February/2017 | 10:18

USD at 38,200 Rials

EghtesadOnline: The US dollar was quoted in the free market at 38,200 rials on Monday. According to the Association of Bureaux de Change Operators of Iran, rial strengthened from 38,250 to 38,000 per dollar compared with Tuesday’s close.
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Publish Date:02/February/2017 | 19:45

USD at 38,210 Rials

EghtesadOnline: The rial was quoted at 38,210 to the US dollar on Monday, gaining 0.79% against the greenback compared with Sunday’s close, according to Tehran Gold and Jewelry Union’s website.
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Publish Date:31/January/2017 | 13:47

US Dollar at 38,500 Rials

EghtesadOnline: The US dollar was exchanged for 38,500 rials in Tehran’s market, the Association of Bureaux de Change Operators of Iran announced, down by 800 rials or 2% compared with Monday.
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Publish Date:18/January/2017 | 24:53

Lawmaker Warns of Currency Change Cost

EghtesadOnline: Changing Iran’s official monetary unit from rial to toman would cost a hefty 30 trillion rials ($922.7 million), announced the head of Majlis Economic Commission.
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Publish Date:30/December/2016 | 10:00

Higher-Denominations Bills a Possibility

EghtesadOnline: With the impending implementation of the plan to switch the Iranian monetary unit from rial to toman, the Central Bank of Iran may issue banknotes with higher denominations, the chief executive of a major private bank said.
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Publish Date:22/December/2016 | 11:29

Gov’t Think Tank: Overvalued Currency Counterproductive

EghtesadOnline: Institute for Trade Studies and Research, the think tank of the Ministry of Industries, Mining and Trade, concluded in a recent report that longstanding policies practiced by consecutive governments aimed at helping lower-class groups are having the opposite effect.
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Publish Date:07/April/2018 | 04:13

Forex Rates Rebound in Tehran Market as CBI Increases Rate

EghtesadOnline: Both foreign exchange and gold markets on Monday kicked off their rallies after days of relative calm, with major foreign exchange rates registering significant gains against Iran's national currency.
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Publish Date:13/March/2018 | 06:32