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CBI Raises Official FX Rates

EghtesadOnline: In an unprecedented move, the Central Bank of Iran has increased the official rate of US dollar by 300 rials on Saturday.
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Publish Date:29/October/2017 | 24:35

Rial Gains Despite Trump’s Anti-Iran Rhetoric

EghtesadOnline: U S President Donald Trump’s Friday speech ended the greenback’s three-week rally in Tehran’s foreign exchange market where the value of the American currency rose to its highest level since December 2016.
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Publish Date:15/October/2017 | 10:36

USD, Gold Register Big Gains in Tehran

EghtesadOnline: The US dollar once again gained against rial on Monday in keeping with its bullish mode in Tehran’s foreign exchange market, which has raged since early autumn.
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Publish Date:10/October/2017 | 09:48

USD Bull Run Presses On

EghtesadOnline: The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in Tehran’s open and official foreign exchange markets on Sunday to maintain its bull run that began in early autumn.
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Publish Date:09/October/2017 | 24:47

USD Hits Eight-Month High

EghtesadOnline: The US dollar gained against the rial on Thursday to reach its highest value in Tehran’s foreign exchange market in eight months.
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Publish Date:07/October/2017 | 06:34

USD’s Bullish Run

EghtesadOnline: The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in both the open and official markets on Monday to maintain its uptrend against the Iranian currency.
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Publish Date:03/October/2017 | 11:20

Bullish Autumn Begins for US Dollar

EghtesadOnline: After spending relatively tranquil days in the last week of summer, the greenback is rising again in Tehran’s foreign exchange market, heralding a bullish trend as autumn starts.
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Publish Date:27/September/2017 | 11:53

Steel Exporters Welcome Rial Depreciation

EghtesadOnline: It’s a fairly straightforward scenario. Weakening a domestic currency stimulates the country’s exports and makes imports more expensive—a desirable route to shape an export-oriented economy taken by many export powerhouses such as China.
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Publish Date:25/September/2017 | 24:20

USD Uptrend Continues in Tehran Market

EghtesadOnline: September has been yet another bullish month for the US dollar in Iran’s foreign exchange market.
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Publish Date:13/September/2017 | 11:55

Iran Forex Market Fluctuations Normal

EghtesadOnline: Central Bank of Iran's vice governor said the country's forex situation is currently very strong and believes that fluctuations in foreign exchange rates in Iran's market are normal.
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Publish Date:26/August/2017 | 08:33

USD Summery Gain

EghtesadOnline: The US dollar once again gained against rial in Tehran’s foreign exchange market to reach its highest value in the past six months late Sunday.
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Publish Date:21/August/2017 | 13:27

Euro Rally Cools

EghtesadOnline: The rial was quoted at 45,490 to a euro on Monday in Tehran's market, marking a 1% gain against the European currency in the past three days.
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Publish Date:01/August/2017 | 11:07

Forex Summer Rally Heats Up

EghtesadOnline: The US dollar continued its rally in Tehran's market on Saturday, gained about 200 rials and changed hands for 37,920 rials to reach its highest rate since the beginning of the new Iranian year (March 21).
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Publish Date:02/July/2017 | 13:27

Rouhani pledges to reverse slide of Iran's currency

EghtesadOnline: President Hassan Rouhani sought to reassure Iranians on Sunday that the government would work to protect market stability after the country's currency fell to a record low last week.
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Publish Date:02/January/2017 | 07:47

Rial Strengthens to 39,500 Per USD

EghtesadOnline: The unification of Iran's dual foreign exchange regime and the decline in the exchange rate of major currencies were among the most important topics discussed at Saturday's meeting between top economic officials and senior lawmakers, as rial continues to gain against the US dollar, announced the chairman of Majlis Economic Commission.
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Publish Date:01/January/2017 | 05:42

Currency Market Stabilizes as Rial Slightly Gains

EghtesadOnline: The end of the current Iranian year in March will bring about an end to currency fluctuations plaguing the market, as increased supply helps moderate the market, predicts the director of the Central Bank of Iran's Exports Department.
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Publish Date:31/December/2016 | 05:57

Iran tells banks to sell dollars at free rates

EghtesadOnline: The Central Bank of Iran (CBI) says it has authorized banks to deal in foreign exchange trading at a free-market rate – a move which is expected to help control the rising rates of the dollar.
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Publish Date:25/December/2016 | 11:52