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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

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