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Erdogan calls on Turks to convert dollar, euros into lira

EghtesadOnline: Turkish President Tayyip Erdogan called on Turks on Saturday to convert their dollar and euro savings into lira, as he sought to bolster the ailing currency which has lost some 20 percent of its value against the U.S. currency this year.
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Publish Date:27/May/2018 | 24:55

Euro/Swiss franc at two-month lows as Italy concerns weigh

EghtesadOnline: The Swiss franc and the Japanese yen rose against the dollar on Wednesday as a wave of caution swept currency markets a day after U.S. President Donald Trump tempered optimism over progress made in trade talks with China.
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Publish Date:23/May/2018 | 10:36

Strong dollar hits Asian share markets, oil surges

EghtesadOnline: Asian shares skidded on Tuesday as a strong dollar sapped demand for emerging market assets while surging oil prices stoked concerns about a flare-up in inflation and faster U.S. interest rate increases.
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Publish Date:22/May/2018 | 07:02

U.S. Stocks Start May Lower, With Eyes on Apple

EghtesadOnline: U.S. stocks opened lower on a day when much attention will be focused on Apple Inc.’s earnings report after the close. The dollar extended its rally, while U.K. equities climbed during a lackluster session in which many major markets were closed.
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Publish Date:01/May/2018 | 14:08

Stocks Advance as Deals Greet Week; Dollar Climbs

EghtesadOnline: Stocks in the U.S. rose amid a flurry of dealmaking at the start of another busy week for earnings and economic news. The dollar climbed while the pound declined as Prime Minister Theresa May lost a key ally.
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Publish Date:30/April/2018 | 14:29

Stocks Fall on Tech Selloff, Bond Slide Deepens

EghtesadOnline: U.S. stocks stumbled into the weekend, as renewed selling in technology shares overshadowed what has so far been a solid earnings season. Inflation concerns sent the dollar higher and Treasury yields topped 2.95 percent.
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Publish Date:21/April/2018 | 14:00

Mnuchin Labels Trump's China, Russia FX Tweets a `Warning Shot'

EghtesadOnline: President Donald Trump’s accusations that China and Russia are gaming their currencies were a “warning shot” about the consequences about devaluation, rather than part of a wish to achieve a weaker dollar, U.S. Treasury Secretary Steven Mnuchin said.
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Publish Date:17/April/2018 | 14:30

Stocks Trade Mixed in Asia; Treasuries Inch Higher

EghtesadOnline: Stocks fluctuated in Asia and Treasuries edged higher amid a lack of fresh impetus as an easing of trade tensions paved the way for investors to turn to key U.S. inflation data due Wednesday. The dollar steadied as traders also weighed a possible U.S. military strike on Syria.
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Publish Date:11/April/2018 | 07:25

Asia Stocks Gain as Trade in Focus; Dollar Steady

EghtesadOnline: Stocks in Asia climbed and U.S. equity-index futures rebounded as investors weighed the likelihood that the world’s two largest economies will eventually resolve their ongoing trade spat. Treasuries fell and the dollar steadied.
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Publish Date:09/April/2018 | 05:50

Tehran Market: Forex Bull Run Rages On

EghtesadOnline: Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif are set to appear before lawmakers to explain the situation.
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Publish Date:09/April/2018 | 04:51

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

Tehran Currency Market: USD Bearish as CBI Measures Sink In

EghtesadOnline: After weeks of wild rallying, the US dollar has lost its bullish momentum in Tehran's foreign exchange market as the Central Bank of Iran's rescue package appealed to investors anxious about a slide in the value of rial.
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Publish Date:21/February/2018 | 24:37

Forex Rates Tumble

EghtesadOnline: The Central Bank of Iran’s measures, namely to issue certificates of deposit and launch the presale of gold coins, from Saturday seem to have had an impact on Tehran’s market as the rate of the US dollar experienced a 1% decline to reach 46,800 rials.
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Publish Date:18/February/2018 | 08:09

Global Stocks Extend Rebound; Treasuries Decline

EghtesadOnline: The global stock rally marched ahead to reverse more of this month’s correction as investors took in stride a jump in benchmark Treasury yields. S&P 500 equity-index futures rose, the dollar fell for a fifth day and the yen advanced.
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Publish Date:15/February/2018 | 14:38

Stocks Gain, Treasuries Steady Before Key CPI Data

EghtesadOnline: U.S. equity-index futures gained, the dollar edged lower and Treasuries were steady before a key inflation report that may throw more light on the Federal Reserve’s policy path. Stocks in Europe advanced, bolstered by robust economic data.
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Publish Date:14/February/2018 | 24:43

Tehran Market: US Dollar Scales New Heights

EghtesadOnline: The US dollar hit new highs against the rial on Monday, as the foreign exchange market continued to surprise investors and policymakers who are struggling to accept record forex rates as the new normal.
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Publish Date:13/February/2018 | 07:43