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New Forex Package Expected to Comply With Majlis Stance

EghtesadOnline: The government's new package to salvage the volatile currency market agrees with the lawmakers' own plans for strengthening the rial , the chairman of Majlis Economic Commission said.
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Publish Date:04/August/2018 | 04:18

Fresh Forex, Gold Coin Rally in Tehran Market

EghtesadOnline: After a period of calm, the US dollar is once again surging in the unofficial market along with other major currencies against the rial .
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Publish Date:23/July/2018 | 07:09

Rial Gaining Ground in Tehran Market

EghtesadOnline: Rial continued its gain against the US dollar in Tehran's foreign exchange market, as the Central Bank of Iran pushed through with its rescue package to stabilize the currency that had lost a quarter of its value within six months.
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Publish Date:25/February/2018 | 07:19

Euro Rally Cools

EghtesadOnline: The rial was quoted at 45,490 to a euro on Monday in Tehran's market, marking a 1% gain against the European currency in the past three days.
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Publish Date:01/August/2017 | 11:07

CBI Says Currency Fears Are Over

EghtesadOnline: The Central Bank of Iran has managed to control foreign exchange rates and promote a relative stability in the forex market despite a turbulent season that saw the rial drop to historic lows against the dollar, the bank's deputy for economic affairs said.
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Publish Date:20/February/2017 | 15:50

Majlis Think Tank Recommends Floating Forex Rate

EghtesadOnline: The research arm of the Iranian Parliament has published a report on fluctuations in the foreign exchange market during the past few months, advising the Central Bank of Iran to do what it takes for free-floating the rial against other currencies.
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Publish Date:12/January/2017 | 24:25

The Month of Records

EghtesadOnline: Stocks continued their moribund trading in Tehran's two equity markets during the Iranian calendar month of Azar (ended Dec. 20), while the rial hit historic lows and moved to money markets seeking safety and higher yields.
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Publish Date:22/December/2016 | 11:26