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Dollar ization Revisited

EghtesadOnline: The phenomenon of dollarization has yet to emerge in Iran’s economy, i.e., the rial is still being used in transactions, though the daily increase in prices affected by the value of US dollar indicates a weaker form of this phenomenon.
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Publish Date:08/May/2023 | 22:12

Dollar Loses 2.3 Percent

EghtesadOnline: Currency and gold prices fell again in Tehran on Tuesday. The dollar lost 2.32% or 6,000 rials to reach 252,000 rials on Tuesday in the free market.
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Publish Date:25/November/2020 | 16:23

CBI Optimistic About Lower Forex Rates

EghtesadOnline: Foreign exchange rates increased again Monday, with the dollar recording gains for the second day in a row. The Central Bank of Iran, however, said it expects further decline in rates.
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Publish Date:10/November/2020 | 14:15

Dollar Falters, Gold Loses Luster

EghtesadOnline: Foreign exchange rates and gold prices declined again on Tuesday following renewed intervention by the Central Bank of Iran.
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Publish Date:21/October/2020 | 24:38

Gold and Dollar Pause

EghtesadOnline: Gold and dollar prices declined on Sunday after posting new highs a day earlier. The half Azadi coin lost 5.82% or 5 million rials to be sold for 86 million rials. The quarter Azadi coin also lost 3.38% and was quoted at 59 million rials, Eghtesadnews reported.
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Publish Date:19/October/2020 | 18:28

Iran: Dollar Rally Pauses

EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the Central Bank of Iran.
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Publish Date:28/September/2020 | 19:18

Iran: Dollar Rally Pauses

EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the Central Bank of Iran.
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Publish Date:27/September/2020 | 11:37

Gold Slips, Dollar Flat

EghtesadOnline: After rising a session earlier, the US dollar lost momentum on Monday and stayed unchanged apparently after political tensions impacting investor sentiments eased.
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Publish Date:22/September/2020 | 13:37

Rial Makes a Comeback After Two Months of Historic Lows

EghtesadOnline: The national currency declined to new lows in the face of a rising dollar on Monday but later recovered partially following intervention by exchange bureaus affiliated to the Central Bank of Iran.
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Publish Date:15/September/2020 | 09:30

Dollar Rallies Above 240,000 Rials

EghtesadOnline: Major currencies resumed their climb versus the rial from Monday with the dollar rising more than 10,000 rials in Tehran’s open market compared to prices quoted Thursday.
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Publish Date:02/September/2020 | 24:47

Gold Slips, Dollar Stable in Tehran Market

EghtesadOnline: Major currencies closed Saturday’s session unchanged while in the bullion market prices slipped after the gold coin peaked to new highs on Thursday.
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Publish Date:02/August/2020 | 13:46

Oil Rises on Weaker Dollar

EhtesadOnline: Oil prices rose on Friday on the back of a weaker US dollar, although demand concerns stemming from rising coronavirus cases and escalating US-China tensions kept a cap on prices.
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Publish Date:25/July/2020 | 14:23

Pressure Mounts on Rial

EghtesadOnline: Major currencies again gained against the rial on Monday with the dollar soaring above the critical 230,000 rials in Tehran’s free market.
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Publish Date:14/July/2020 | 07:40

Forex Rates Rise Unabated in Tehran Market

EghtesadOnline: Currency rates are rising unabated in Tehran with exchange bureaus affiliated to, and working for, the Central Bank of Iran again the increased the dollar rate by 3.65% on Sunday after the 10% rise a day earlier.
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Publish Date:06/July/2020 | 09:01

Rial Settles 5.6% Up

EghtesadOnline: Iran’s national currency pared more of earlier losses on Thursday, gaining 5.6% against the dollar in two days after tanking to all-time lows on Tuesday.
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Publish Date:27/June/2020 | 10:06

Dollar Dips 4% in Tehran

EghtesadOnline: The US dollar paused on Wednesday following two weeks of strong rallies after Central Bank of Iran reportedly stepped in to stop further deprecation of the rial.
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Publish Date:25/June/2020 | 20:50

USD Crosses 190,000 Rials

EghtesadOnline: Major currencies continued to gain against the rial on Saturday with the dollar breaking past the critical 190,000 rials.
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Publish Date:21/June/2020 | 24:04

Dollar , Gold March Higher in Tehran Market

EghtesadOnline: The US dollar added another 2,500 rials on Thursday in Tehran's free market to close trade at 187,500 rials -- the highest closing price ever.
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Publish Date:20/June/2020 | 07:41

Forex at 20-Month High in Tehran Market

EghtesadOnline: Major currencies on Thursday hit the highest rates since September 2018 with the dollar traded at 180,000 rials in Tehran’s open market.
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Publish Date:13/June/2020 | 07:02