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Iran's CB Looking at Euro CDs

EghtesadOnline: The Central Bank of Iran said it is planning to launch euro-denominated certificate of deposit to reduce the volume of rials held by the public and downsize the money supply, the bank’s governor said.
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Publish Date:29/June/2020 | 24:19

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

Departing Draghi Leaves Divided ECB to Lagarde

EghtesadOnline: Departing European Central Bank President Mario Draghi will leave a conflicting legacy after chairing his final governing council meeting on Thursday, credited with saving the euro but dividing the institution with his easy-money policy.
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Publish Date:22/October/2019 | 13:06

Draghi Backs Further Euro Integration

EghtesadOnline: The outgoing president of the European Central Bank has called on euro countries to commit to further integration in what is a controversial and divisive topic among the 19 nations.
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Publish Date:01/October/2019 | 11:45

Iran's Foreign Trade Conducted Mainly in Euro, Yuan

EghtesadOnline: Euro and the Chinese yuan topped the Central Bank of Iran's list of subsidized currencies allocated for imports in the past 13 months, with USD at the bottom of the list.
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Publish Date:18/May/2019 | 11:06

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

Forex Rates Decline Continues in Tehran Market

EghtesadOnline: The currency market in Tehran stabilized further on Sunday with the USD exchange rate dropping below the support level of 140,000 rials. The greenback was traded for 138,000 rials on the open market to post the fourth straight decline. The Euro changed hands for 160,000 rials -- down from 162,400 at the outset of trade.
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Publish Date:15/October/2018 | 05:54

Tehran Market: Euro and USD Keep Climbing

EghtesadOnline: Foreign exchange rates were again defiant and continued to climb on Tuesday with the US dollar surpassing the all-time high of 160,000 rials.
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Publish Date:26/September/2018 | 06:36

US Dollar Abolished From Iran-Iraq Trade

EghtesadOnline: The US dollar has been completely eliminated from trade deals conducted between Iran and Iraq due to US sanctions and the neighboring countries have shifted toward the euro and national currencies, the head of Iran-Iraq Chamber of Commerce said.
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Publish Date:02/September/2018 | 04:06

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

Worsening Italian crisis batters European markets

EghtesadOnline: A worsening political crisis in Italy provoked a second day of selling on European markets, with the euro cut to an 11-month low, stocks punished and short-term borrowing costs surging for the government in Rome.
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Publish Date:29/May/2018 | 11:02

Oil sinks while stocks gain on North Korea, euro shaken by Italy

EghtesadOnline: U.S. oil futures sank to six-week lows on Monday on expectations that major producers may raise output, while Asian stocks and U.S. share futures gained on signs the United States and North Korea were still working towards holding a summit.
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Publish Date:28/May/2018 | 09:10

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

ECB Is Said to See Scope to Wait for July to Signal End of QE

EghtesadOnline: European Central Bank policy makers see scope to wait until their July meeting to announce how they’ll end their bond-buying program, according to euro-area officials familiar with the matter.
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Publish Date:21/April/2018 | 13:53

Europe Stocks Halt Selloff; Dollar and Oil Fall

EghtesadOnline: European stocks advanced, poised to help draw a line under recent global equity declines, even as the region’s common currency strengthened. The dollar dropped after President Donald Trump’s State of the Union address offered few new clues on U.S. policy, and bonds gained as the Bank of Japan increased asset purchases.
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Publish Date:31/January/2018 | 09:23

Treasuries Slide, Dollar Gains as Busy Week Begins

EghtesadOnline: U.S. Treasuries extended a selloff that’s taken yields to the highest since early 2014 as traders gear up for a hectic week of data and policy announcements. The dollar climbed and stocks edged lower as the euro, Swiss franc, yen and pound all retreated.
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Publish Date:29/January/2018 | 14:01

Euro jumps to three-week highs as risk appetite returns

EghtesadOnline: The euro consolidated gains at a three-week high on Wednesday as investors grew optimistic about the single currency’s outlook with growing doubts about the prospects of the U.S. tax plan also underpinning gains.
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Publish Date:15/November/2017 | 13:51