rial

tag rial

Iran approves plan to slash four zeros from currency

Iran’s parliament today approved a plan to remove four zeros from the national currency, the rial , which has sharply depreciated as the country grapples with renewed sanctions.
|
Publish Date:05/October/2025 | 13:17

Iran’s parl. committee approves new currency reform plan

Members of a committee of the Iranian parliament have voted in favor of a motion to reform the country’s national currency by removing four zeros from it and restoring an old currency subdivision named qiran.
|
Publish Date:04/August/2025 | 22:41

Iran’s top officials meet to discuss rial depreciation

The heads of three power branches of the Iranian government held a meeting on Saturday evening to discuss the recent hike in the prices of foreign currencies against the local Iranian currency, the rial .
|
Publish Date:05/January/2025 | 09:53

Rial Gains as Currencies Fall

EghtesadOnline: The rial added to recent gains on Sunday as major foreign currencies retreated. The dollar lost 3% at the Tehran’s open market or 9,000 rial s to settle at 275,500 rial s at the close of the session.
|
Publish Date:10/January/2022 | 16:04

Rial Hits Another Record Low

EghtesadOnline: The dollar advanced above the critical 280,000 rial s at the start of trading week on Saturday as the national currency is tanking under a fresh bout of volatility.
|
Publish Date:29/August/2021 | 19:06

Rial Redenomination Undecided

EghtesadOnline: Lawmakers are studying a proposal by the government and the Central Bank of Iran to slash four zeros off the national currency and switch the national currency from the rial to toman.
|
Publish Date:13/July/2021 | 24:29

Rail Up as Forex, Gold Lose Allure

EghtesadOnline: Forex and gold prices plunged in Tehran in the past three days amid optimism about a stronger rial in the coming weeks. The dollar plunged to five-month lows on Saturday fetching 229,000 rial s – down 4.5% in one day. The greenback posted 7.5% decline compared to Wednesday's close when it bought 245,000 rial s.
|
Publish Date:18/January/2021 | 15:33

Iranian Rial Revaluation Crosses One Hurdle

EghtesadOnline: The Majlis Economic Commission on Wednesday approved the provisions of a monetary bill based on which four zeros will be shaved off the national currency.
|
Publish Date:29/February/2020 | 07:13

Iran: Stocks Nosedive as National Currency Gains

EghtesadOnline: Tehran equity market nursed losses for the second straight day on Saturday as nervous investors took money off the table amid a rising rial and falling commodity prices.
|
Publish Date:18/November/2018 | 10:44

Iran: TEDPIX Continues Slide as Rial Stabilizes

EghtesadOnline: Selling continued on Saturday for stocks, with the Tehran Stock Exchange main gauge, TEDPIX, logging a third straight drop after getting hit by another jump in the rial value and investor speculation going awry.
|
Publish Date:08/October/2018 | 08:52

Iran Home Video Sales Down 50%

EghtesadOnline: Home video sales of Soureh Pictures–a major producer and distributor of Iranian feature and short films in Iran–are down 50%, thanks to a rise in the prices of DVDs, the head of the company said.
|
Publish Date:30/September/2018 | 05:52

FX Rates Cross New Threshold in Tehran Market

EghtesadOnline: The currency market was hit with a new bout of volatility on Wednesday with the US dollar crossing another threshold on the open market. According to the Tehran Gold and Jewelry Union website, the dollar was trading at around 183,470 rial s late afternoon, from around 168,000 rial s the day before.
|
Publish Date:29/September/2018 | 06:00

Rial Pares Losses on Central Bank Moves

EghtesadOnline: Iran’s rial recouped some of its losses after hitting a record low against the US dollar on Thursday on the open market, according to reports, as the economy continues to face pressure from the reimposition of US sanctions.
|
Publish Date:10/September/2018 | 05:50

Judiciary Intensifies Monitoring of Forex, Gold Coin Markets

EghtesadOnline: As the months-long foreign currency and gold coin rally in Iran prevails, mainly due to unyielding speculative activities that have contributed to the decline of the rial , the judiciary has now expanded its role for combating the issue.
|
Publish Date:10/July/2018 | 04:34

Judiciary Intensifies Monitoring of Forex, Gold Coin Markets

EghtesadOnline: As the months-long foreign currency and gold coin rally in Iran prevails, mainly due to unyielding speculative activities that have contributed to the decline of the rial , the judiciary has now expanded its role for combating the issue.
|
Publish Date:10/July/2018 | 04:34

Euro Hits Four-Year High in Tehran Market

EghtesadOnline: The euro gained against rial on Monday in Tehran’s market to register a new record for the European currency, as it surges in global markets.
|
Publish Date:30/August/2017 | 14:04

Euro Bull Run Continues

EghtesadOnline: Euro kept gaining against rial in Tehran’s forex market on Tuesday to continue its bull run that started about eight days ago.
|
Publish Date:30/August/2017 | 13:51

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.
|
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 rial s in the free market, marking an increase of 400 rial s or 1% in less than a week. This is while the euro stopped advancing and lost 80 rial s of its value on Sunday.
|
Publish Date:31/July/2017 | 24:14

Euro Hit New High

EghtesadOnline: The rial was quoted at 45,950 to euro on Thursday in Tehran’s market, losing 4.35% against the European currency compared with the previous Thursday’s close.
|
Publish Date:29/July/2017 | 08:51