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Forex, Gold Rise Again in Tehran

EghtesadOnline: The US dollar extended gains against the rial on Thursday, comfortably breaking past the resistance level of 240,000 rials after falling briefly near the critical level.
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Publish Date:19/July/2020 | 13:29

Forex Rates Unrestrained in Tehran Market

EghtesadOnline: Major currencies continued to rise Wednesday for five successive sessions with the US dollar moving closer to 240,000 rials in Tehran’s open market but sopped near the threshold.
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Publish Date:16/July/2020 | 10:30

Currencies Gain, Gold Slightly Lower

EghtesadOnline: Spike in foreign currency rates gained momentum on Monday after an average 3% climb a day earlier.
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Publish Date:07/March/2020 | 07:02

Currency Rates Climb in Tehran for 3rd Straight Day

EghtesadOnline: The rial extended a losing streak against major currencies for the third day on Wednesday, pushing the Central Bank of Iran to intervene in the market to restore some semblance of calm.
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Publish Date:29/February/2020 | 07:04

Currency at New Low; Iran's CB Says Will Defend Rial

EghtesadOnline: Major currencies soared in Tehran on Tuesday amid new concerns among market participants about a decision by the Financial Action Task Force on Iran by the weekend.
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Publish Date:19/February/2020 | 10:39

Dollar in Tehran at 9-Month High

EghtesadOnline: Price of the US dollar reached 141,300 rials in Tehran’s open market on Sunday, the highest in the past nine months.
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Publish Date:17/February/2020 | 24:09

Gold and Currency Surge in Tehran Market

EghtesadOnline: The US dollar was traded above the psychological level of 130,000 rials on Saturday and was worth 132,000 rials in Tehran’s open market -- the highest in the past five months.
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Publish Date:08/December/2019 | 11:41

Euro, Dollar Extend Gains

EghtesadOnline: Price of the US dollar rose 2.45%, or 2,950 rials, on Tuesday to reach 123,480 rials in the Tehran market.
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Publish Date:27/November/2019 | 10:25

Iran Currency Market: Rial Gains Against All Odds

EghtesadOnline: Currency rates in Tehran briefly hit six-month lows since January 9 as the US dollar was traded for 111,000 rials during the mid-day trade in the open forex market on Wednesday.
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Publish Date:20/July/2019 | 10:21

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.
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Publish Date:14/April/2019 | 14:51

Tehran Market: Forex and Gold Surge Again

EghtesadOnline: Currency rates and gold prices continued their steady rise in Tehran amid a bull run in the stock market. On Monday the US dollar climbed above the resistance level of 140,000 rials for the first time in the current calendar year that began on March 21.
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Publish Date:09/April/2019 | 24:56

Iran Currency Market Calm

EghtesadOnline: Foreign exchange rates declined on Thursday, after a week of flurry brought the US dollar close to the psychological level of 140,000 rials the previous day.
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Publish Date:23/February/2019 | 15:02

Currency Rates Climb in Tehran Market

EghtesadOnline: The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of the Iranian fiscal year approaches in March.
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Publish Date:19/February/2019 | 11:43

Tehran Currency Market Becomes More Stable

EghtesadOnline: After unexpected gains in currency rates over the past week, the market returned to stability on Thursday. On the last trading day of the Iranian week, the US dollar dropped below the psychological resistance level of 110,000 rials after having approached 120,000 rials a day earlier.
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Publish Date:29/December/2018 | 10:44

Subsidies to Import Essential Goods Fail to Curb Price Hikes

EghtesadOnline: The rise in the retail prices of goods that used the government’s subsidized foreign currency at a rate of 42,000 rials per US dollar (about three times cheaper than the market rate) was no less than in other consumer goods.
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Publish Date:11/December/2018 | 11:12

Tehran Market: Euro and USD Keep Climbing

EghtesadOnline: Foreign exchange rates were again defiant and continued to climb on Tuesday with the US dollar surpassing the all-time high of 160,000 rials.
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Publish Date:26/September/2018 | 06:36

Currency, Gold at New High in Tehran Market

EghtesadOnline: The foreign exchange market heated up again on Monday to post fresh records for the US dollar and other major currencies as they gained considerably against the plummeting rial. The dollar was traded for 156,790 rials in Tehran’s open market, another "super-resistance" level to be broken since the rial's freefall began six months ago.
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Publish Date:25/September/2018 | 06:00

Rial’s Slide Necessitates Bank M&A

EghtesadOnline: A senior banking official said the steep fall in the value of rial against the US dollar has strained banks’ balance sheets by dealing a blow to their capital levels.
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Publish Date:17/September/2018 | 04:32