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Gold, Currencies Up in Tehran Market

EghtesadOnline: Experiencing rather uneventful days, both the currency and gold markets registered small rallies on Tuesday to nullify (for the time being) promises made by the government and the Central Bank of Iran that the gold coin price and the US dollar ’s exchange rate will moderate in the coming days.
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Publish Date:20/December/2017 | 07:15

CBI Governor: USD Rate to Moderate

EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif tamped down worries about the surging exchange rate for the US dollar on Tuesday, stressing that the surging exchange rate for the US dollar is bound to "moderate".
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Publish Date:13/December/2017 | 24:44

US Dollar Close to All-Time High

EghtesadOnline: The US dollar rose close to its highest registered value against the rial on Monday, as the Iranian currency also lost against a slew of other major currencies.
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Publish Date:14/November/2017 | 07:22

Rial's Future

EghtesadOnline: Rial has depreciated more than 10% over the last three months against the US dollar and was quoted at 41,360 to the greenback at Tehran's foreign exchange market on Monday.
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Publish Date:14/November/2017 | 07:19

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