Currency
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Rouhani: Subsidy Policy Reform Coming
EghtesadOnline: P resident Hassan Rouhani said Monday the policy of subsidizing basic goods will continue in the coming fiscal (starts March 21), but the manner of allocating subsidized currency…
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Currency, Gold Decline in Iran
EghtesadOnline: Foreign exchange rates dropped below the psychological level of 130,000 rials on Monday as markets prepared for relative stability before the fiscal year is out on March 20.
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Iran Currency Market: Rial Firms as Forex Power Diminishes
EghtesadOnline: F oreign exchange rates are of the declining order in the final days of November thanks to a stronger presence of the Central Bank of Iran in the market and optimism that Iran…
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Currency, Gold Post Weekly Decline in Iran
EghtesadOnline: Currency and gold markets in Iran registered one of their biggest weekly declines in recent months despite the re-sanctioning of wide sectors of the economy by the Trump White…
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Iran Government Expected to Change Currency Repatriation Rules
EghtesadOnline: Iran's private sector remains steadfast in its opposition to recent currency repatriation rules lately adopted by the government with the supposed aim of bolstering currency reserves…
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Currency, Gold at New High in Tehran Market
EghtesadOnline: The foreign exchange market heated up again on Monday to post fresh records for the US dollar and other major currencies as they gained considerably against the plummeting rial.…
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Currency Repatriation Rules Notified
EghtesadOnline: The Central Bank of Iran notified a directive on Monday, elaborating on rules based on which exporters are required to bring back their export earnings into the “economic cycle”…
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Tehran: Gold Coin, Forex Markets Heating Up Again
EghtesadOnline: The currency and gold coin markets heated up again on Sunday, keeping up a rally that started from the beginning of the trading week on Saturday.
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Afghans Returning Home From Iran in Hordes
EghtesadOnline: The number of Afghan refugees returning from Iran has doubled recently, as Iranian currency loses its value against the US dollar in an unprecedented manner.
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Iran Foreign Exchange and Gold Market Volatility Subsides
EghtesadOnline: Rial rebounded on Sunday, in anticipation of Central Bank of Iran Governor Abdolnasser Hemmati's announcement of the new plan to calm forex market volatility that has seen Iranian…
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Gov’t Committed to Meet All Forex Needs
EghtesadOnline: T he government is committed to meeting all hard currency needs, including the ones that exceed the current caps devised in the wake of the foreign exchange rate unification implemente…
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Stocks Stutter Against Bonds in Tehran
EghtesadOnline: T ehran stocks’ attraction is further dissipating, as the debt and foreign exchange markets take centre-stage and new political risks sour equity traders’ sentiment.
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Tehran Currency Market: No Stopping Forex Bull Run
EghtesadOnline: T he US dollar's bull run in Tehran's foreign exchange market continues unabated, with rial plumbing new lows against the greenback.
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Forex Rally Upsets Markets
EghtesadOnline: T he rial continued to drop to record lows against the US dollar on Sunday, ending a short spell of stability that held for only a few days after the government assured the public…