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Iran's CB Discounts Effect of FATF Ruling on Forex Market

EghtesadOnline: Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.
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Publish Date:10/February/2020 | 24:16

Euro, Dollar Extend Gains

EghtesadOnline: Price of the US dollar rose 2.45%, or 2,950 rials, on Tuesday to reach 123,480 rials in the Tehran market.
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Publish Date:27/November/2019 | 10:25

Dollar Dips Again in Tehran Market

EghtesasOnline: Currency rates continued on the downward path in Tehran on Sunday as the Central Bank of Iran mobilizes its resources to plug the gap between rates in the open market and secondary market.
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Publish Date:16/July/2019 | 10:19

Anti-Iran Pressure Will Undermine US Global Status

EghtesadOnline: The economic pressure that the United States is exerting on Iran using the dominance of its currency will be a source of trouble for this country in the long run, Iran's chief diplomat said.
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Publish Date:02/July/2019 | 10:44

Forex Climbs After 2 Weeks

EghtesadOnline: The currency market, seemingly in calm waters for almost two weeks, shot up Thursday triggered by negative political developments.
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Publish Date:15/June/2019 | 11:45

Nima Forex Rates Rise

EghtesadOnline: In the fiscal month to May 22, almost €2.16 billion in foreign currency was sold via the Integrated Forex Deals System, locally known as Nima, IRNA reported. In the same period currency rates in Nima also soared.
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Publish Date:26/May/2019 | 10:26

Central Bank of Iran Focus on Stability of Forex Rates

EghtesadOnline: Governor of the Central Bank of Iran says besides the importance for the national currency to regain more of its value, the CBI remains focused also on the stability of the rial.
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Publish Date:12/February/2019 | 13:25

Gold in Tehran Steady Despite Int’l Rally

EghtesadOnline: Despite an uptick in gold prices in international markets on Monday, the yellow metal stayed almost unchanged in Tehran due largely to falling currency rates.
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Publish Date:15/January/2019 | 14:46

Iranian Rial Near 3-Month High Against USD

EghtesadOnline: The rial strengthened sharply on Tuesday, climbing to a near three-month high against the US dollar. With the exchange rate breaking below the psychological level of 110,000, the US dollar was traded in the open market for about 107,000 rials.
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Publish Date:12/December/2018 | 10:29

Forex Rates Gain in Tehran Market

EghtesadOnline: Foreign exchange rates gained on the Tehran currency market on Sunday for the first time after a period of stability with the dollar again crossing the resistance level of 140,000 rials. In late afternoon, the greenback traded at 144,000 rials. The euro changed hands for 166,000 rials, up from the previous day's 159,000 rials.
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Publish Date:29/October/2018 | 08:28

Rial Devaluation Lifts Iran's Trade Balance

EghtesadOnline: Much as the Iranian national currency's steep devaluation in recent months gave rise to challenges, it has also provided a boost to the country's trade balance on the back of surging exports and dwindling imports.
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Publish Date:24/October/2018 | 14:21

Tehran Currency Market: Rial Rally Continues

EghtesadOnline: The Iranian rial continued its rally on Tuesday after weeks of depreciation had sent it to a series of record low. New gains for the national currency came unexpectedly as people rushed to exchange shops to convert their greenbacks into the local currency.
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Publish Date:03/October/2018 | 05:38

Forex, Gold Descend in Tehran Market

EghtesadOnline: The rial on Monday pared more of its losses in the open foreign exchange market and was traded at around 154,830 to the US dollar.
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Publish Date:02/October/2018 | 06:11

Tehran Stock Exchange's Main Index Plunges 4%

EghtesadOnline: The rout in Tehran stock markets continued on Monday as risk-averse investors reacted to rumors surrounding Iran's accession to the UN Terrorism Financing Convention in early trade with the safe-haven dollar’s decline hurting sentiment and dragging down the broader market.
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Publish Date:08/October/2018 | 08:48

Central Bank of Iran Seeks Forex Stability

EghtesadOnline: The Central Bank of Iran released a statement assuring the public and businesses that the recent price surge in the open market is bound to abate, as CBI seeks to deepen the market with more supply.
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Publish Date:13/August/2018 | 04:33

Iran Stocks Bow to Systematic Risks

EghtesadOnline: Systematic risks have caught up with the Iranian stock markets. Concerns regarding base metal prices, based on a stronger dollar and an escalating trade war between the US and China, sunk metal stocks' fortunes in Iran as its main drivers, augmented by the government's refusal to allow the sale of commodities at an exchange rate other than the enforced one.
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Publish Date:21/July/2018 | 06:20

Stocks hit one-month high, dollar puts squeeze on gold

EghtesadOnline: World stocks hit a one-month high on Wednesday as a bullish outlook from the head of the U.S. central bank and rising company earnings buoyed the mood, lifted the dollar and sent safe-haven gold to a one-year trough.
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Publish Date:18/July/2018 | 13:50

Dollar , yen gain as investors seek safety from Italy turmoil

EghtesadOnline: Investors piled into safe-haven bets on Tuesday as political turmoil in Italy sparked fears of another euro crisis, driving up the Japanese yen and pushing the U.S. dollar to a 10-month high against the euro.
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Publish Date:30/May/2018 | 13:15