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MPs Eager to Sideline US Dollar

EghtesadOnline: The Iranian Parliament has now boosted efforts to sideline the US dollar in Iran’s international deals following recent remarks by Leader Ayatollah Seyyed Ali Khamenei who called for the American currency to be eliminated from the country’s foreign trade.
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Publish Date:06/November/2017 | 06:13

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

Dollar posts biggest quarterly drop in nearly seven years

EghtesadOnline: The U.S. dollar recovered slightly on Friday, but posted its biggest quarterly decline against a basket of rival currencies in nearly seven years after hawkish signals from foreign central banks this week pressured the greenback further.
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Publish Date:01/July/2017 | 05:53

Iran to Ditch US Dollar in Official Reports

EghtesadOnline: Iran will stop using the US dollar as its currency of choice in its financial and foreign exchange reports from the new fiscal year that begins in March, announced the governor of the Central Bank of Iran late Saturday.
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Publish Date:30/January/2017 | 06:07