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Pound Falls From 11-Month High as BOE Keeps Rates Unchanged

EghtesadOnline: The pound slid from an 11-month high versus the dollar and U.K. government bonds rallied after the Bank of England voted to keep interest rates unchanged, while also cutting the country’s economic growth forecast.
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Publish Date:03/August/2017 | 13:43

Factors Behind USD Rally

EghtesadOnline: In the wake of the recent rally of US dollar in Tehran’s market, Iran’s former representative at the International Monetary Fund has enumerated three factors for the surge.
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Publish Date:02/August/2017 | 10:34

Greenback at 150-Day High

EghtesadOnline: The rial fell to a five-month record low against the US dollar in Tehran's market on Sunday. According to Tehran Gold and Jewelry Union’s website, the greenback changed hands for 38,120 rials in the free market, marking an increase of 400 rials or 1% in less than a week. This is while the euro stopped advancing and lost 80 rials of its value on Sunday.
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Publish Date:31/July/2017 | 24:14

Euro Up, USD Down

EghtesadOnline: The two high demand currencies in Tehran’s market, namely the US dollar and euro, followed entirely different trends during the week to July 18.
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Publish Date:19/July/2017 | 09:02

USD Drops in Tehran

EghtesadOnline: After the US dollar reached its three-month high in Tehran’s market last Tuesday, the greenback’s rally ended and it lost against rial for four days in a row, changing hands for 37,820 rials on Saturday.
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Publish Date:16/July/2017 | 07:41

Euro at 3-Year High

EghtesadOnline: After euro’s rally against the rial in Tehran’s market intensified a week ago, the European currency reached its highest value against the Iranian currency in three years, being exchanged for 44,220 rials Sunday in the open market.
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Publish Date:03/July/2017 | 08:40

Summer Rally for Greenback

EghtesadOnline: On the third day of summer, US dollar hit a one-month high against the rial in Tehran’s market.
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Publish Date:25/June/2017 | 10:15

Tenuous Dollar Role Merits Shift to Other Currencies

EghtesadOnline: A Central Bank of Iran official has denied any downside resulting from the country's decision to ditch the US dollar in its official statements, saying the minor role of the greenback in Iran's currency basket justifies the decision.
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Publish Date:11/June/2017 | 10:27

Jitters push Treasury yields, dollar to seven-month lows

EghtesadOnline: U.S. Treasury yields and the dollar dropped to seven-month lows on Tuesday and world stocks slid as political uncertainty from the United States to the Middle East and weakness in commodity markets pushed investors away from risky assets.
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Publish Date:06/June/2017 | 13:23

Rial Gains Against 3 Currencies

EghtesadOnline: The greenback was traded at 37,570 rials in the open market and 32,447 rials in the official market with a respective increase of 136 rials and a decrease of 2 rials.
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Publish Date:17/May/2017 | 09:18

Stocks dip as North Korea, France keep investors on edge

EghtesadOnline: Shares and the dollar fell on Tuesday as a snap general election call in Britain added to a lengthening list of uncertainties for investors already on edge over tensions simmering from North Korea to France.
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Publish Date:18/April/2017 | 13:57

Yen hits multi-month highs as risk-off mood persists

EghtesadOnline: The yen hit five-month highs against the dollar, euro and sterling on Wednesday, as simmering geopolitical tensions checked risk appetite and put the safe-haven Japanese currency in favor.
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Publish Date:12/April/2017 | 09:14

Europe stocks rise but bond yield falls show investor caution

EghtesadOnline: European shares rose on Tuesday, shrugging off falls on Asian bourses, but low-risk government debt yields fell as investors fretted about a meeting between the U.S. and Chinese presidents and Donald Trump's ability to deliver economic stimulus.
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Publish Date:04/April/2017 | 24:42

Iran pressing ahead with plan to ditch dollar

EghtesadOnline: A recent controversial decision by a Luxembourg court to endorse freezing Iran’s assets has once against brought a plan by Tehran to ditch the US dollar into the spotlight.
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Publish Date:04/April/2017 | 24:09

Rial Holds Steady Against USD In Defiance of Expectations

EghtesadOnline: The rial was quoted in the free market at 37,800 to the US dollar in Tehran on Monday, having kept a steady course since the Norouz (Iranian New Year) holidays started on March 21.
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Publish Date:04/April/2017 | 07:48

Erdogan Races Against the Dollar in Campaign for Unrivaled Power

EghtesadOnline: Turkish President Recep Tayyip Erdogan has lambasted friend and foe alike in a campaign for vast new powers, but his political fate may hang on the one thing he’s stopped carping about: the price of money.
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Publish Date:29/March/2017 | 13:30