Forex
-
Forex Continues on the Upside
EghtesadOnline: Foreign exchange rates extended gains on Thursday after the dollar advanced above 270,000 rials a session before.
-
Gold Outpaces Forex in Tehran’s Market
EghtesadOnline: Prices in the currency and gold markets surged Sunday after some stability in four sessions. However, the precious metal outpaced forex rates buoyed by rising trends in international…
-
Forex Rebounds After a 2-Day Pause
EghtesadOnline: After holding back two days, foreign exchange rates clawed back on Tuesday, paring some of the losses.
-
Forex Slips, Holds Back Gold
EghtesadOnline: The rising trend in Tehran’s foreign exchange market bucked on Sunday along with gold prices.
-
President Calls for Trackable System in Forex Allocations
EghtesadOnline: President Hassan Rouhani on Sunday instructed the Central Bank of Iran to improve transparency in allocating foreign currency for imports.
-
Currency, Gold Slightly Higher
EghtesadOnline: Forex and gold prices posted slight gains on Tuesday in Tehran paring some earlier losses.
-
Big Exporters Delay Forex Repatriation
EghtesadOnline: A total of 363 companies are responsible for the majority of the unreturned overseas export income, an official with Iran’s Trade Promotion Organization said.
-
Forex Dormant, Traders Cautious
EghtesadOnline: Foreign exchange rates in Tehran started the week without fanfare as the market takes a wait-and-see approach given the uncertainty surrounding the extended nuclear talks in Vienna…
-
Iran's CB: Decline in Forex Rates Linked to ‘Positive Expectations’
EghtesadOnline: The possibility of removing banking sanctions and unfreezing billions in forex assets in foreign banks are the main reason behind the sharp decline in currency prices in recent…
-
CBI Says: Tax Exemption to Banks Can Pave Way for Higher Official Forex Rates
EghtesadOnline: The Central Bank of Iran is willing to reconsider official foreign exchange rates to market rates if the government offers tax exemptions to banks, the CBI governor said.
-
Decline Is the New Norm in Forex, Gold Markets
EghtesadOnline: Currency rates in Tehran were choppy Tuesday with the dollar near the 240,000-rial support level in the free market.
-
Slight Surge in Forex, Gold Prices
EghtesadOnline: Foreign exchange rates rose again on Tuesday with the dollar surging above the critical 250,000 rials level.
-
Regulated Forex Market Discerns a Bigger Role
EghtesadOnline: The regulated foreign exchange market has expanded penetration with listed exchange shops as members increasing steadily, the market's head for communication department said.…
-
Hemmati Reiterates Role of Market in Forex Rates
EghtesadOnline: Governor of Central Bank of Iran Abdolnasser Hemmati says the regulator is steadfast in the belief that market forces should determine forex rates.
-
Forex Trading Mixed
EghtesadOnline: Tehran's currency market was almost stable Monday as foreign exchange rates were unchanged. The dollar traded for 245,000 rials in the free market, posting 1,000 rials or 0.41%…
-
Subsidized Import Forex to Stay
EghtesadOnline: The controversial plan allocating cheap foreign currency for import will continue in the next fiscal year (starting March 20).
-
Forex Leap in Tehran’s Market
EghtesadOnline: Foreign exchange rates were mostly increasing in the past seven days, mainly under the influence of political developments.
-
Currencies Jump in Tehran
EghtesadOnline: Forex rates shot up in Tehran on the first day of the week. The dollar climbed to 243,000 rials on Saturday in the open market, posting 2.3% or 5,600-rial growth compared to Thursday's…
-
Forex, Gold Trim Losses
EghtesadOnline: After a recent pattern of decline, forex and gold prices in Tehran are rising again. The dollar, which plunged to as low as 210,000 rials last Monday, climbed to 232,000 rials…
-
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…
-
Forex, Gold Rally Pauses
EghtesadOnline: Reversing the course from previous sessions, gold and foreign exchange prices dropped on Monday in Tehran's market. The dollar was quoted at 248,000 rials down 1,300 rials or…
-
Iran: Forex and Gold Come Back
EghtesadOnline: Foreign exchange and gold prices closed higher on Sunday in Tehran's forex market paring losses in previous sessions.
-
CBI Rebuffs Majlis Move to Raise Forex Rates in Budget
EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati criticized the parliament’s decision to raise forex rates for importing essential goods, saying that it would negatively…
-
Commission Proposes Forex Rate Hike for Essential Goods Import
EghtesadOnline: The Joint Commission of Iranian Parliament has voted in favor of changing the foreign exchange rate for the import of essential goods from 42,000 rials to 175,000 rials per dollar,…
-
Experts Analyze Impact of Forex Appreciation on Real-Estate Prices
EghtesadOnline: Prices of construction materials are pegged to the value of the US dollar but the decrease in foreign currency exchange rate won’t necessarily lead to the fall in the prices of…
-
Volatility Returns to Forex Market
EghtesadOnline: A new round of volatility returned to Tehran's chaotic foreign exchange market Tuesday amid rising uncertainty and prospects of further political tensions.
-
Bid to Resolve Debt Problem of Private Power Producers
EghtesadOnline: Talks are being held to help address the financial problems of private power producers who built plants with forex loans from the National Development Fund of Iran (sovereign…
-
Gold, Currencies Under Pressure
EghtesadOnline: Forex and gold prices continued to fall on Wednesday in Tehran. The Emami gold coin lost 3.42% and was priced at 117 million rials.
-
Gold, Currencies Under Pressure
EghtesadOnline: Forex and gold prices continued to fall on Wednesday in Tehran. The Emami gold coin lost 3.42% and was priced at 117 million rials.
-
Iran: Forex, Gold Continue to Fall
EghtesadOnline: Major currencies extended losses against the rial on Sunday with the dollar closing the session more than 3.7% lower.