rial
-
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…
-
Iran: Small Investors Amplify Stocks’ Growth
EghtesadOnline: Iran stock market has had a stellar performance in the first half of the current financial year that began in March. The flow of liquidity from small investors struggling to persevere…
-
Tehran Stocks Rally, Incline Toward Export Sector
EghtesadOnline: Tehran Stock Exchange set a fresh record high on Monday as investors received more positive news on corporate earnings, especially export-oriented stocks that have benefited the…
-
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.…
-
Paper Looks Into Rial’s Rising Problems
EghtesadOnline: Since the beginning of the fiscal 2018-19, the Iranian rial has, as economists say, “gone through the floor”—the currency has depreciated by nearly 70% against its benchmark.
-
Rial’s Slide Necessitates Bank M&A
EghtesadOnline: A senior banking official said the steep fall in the value of rial against the US dollar has strained banks’ balance sheets by dealing a blow to their capital levels.
-
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…
-
Forex Rally Intensifies in Tehran Market
EghtesadOnline: The foreign exchange market intensified its rally on Monday, with the rial dropping to new lows against most major currencies.
-
CBI Says Will Fight Liquidity
EghtesadOnline: The Central Bank of Iran has vowed to curb the rising tide of liquidity, which he blamed as the source of all market volatility, including a currency crisis that has seen the…
-
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…
-
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…
-
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.
-
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…
-
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…
-
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.
-
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.
-
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.
-
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.
-
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…
-
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.
-
Euro Hit 3-Year Record
EghtesadOnline: The euro gained against rial on Monday morning and hit a record. The high demand currency in Tehran’s market changed hands for 44,470 rials, which is the highest in the past three…
-
Rial Holds Steady Against USD In Defiance of Expectations
EghtesadOnline: The rial was quoted in the free market at 37,800 to the US dollar in Tehran on Monday, having kept a steady course since the Norouz (Iranian New Year) holidays started on March…
-
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…
-
US Dollar at 38,500 Rials
EghtesadOnline: The US dollar was exchanged for 38,500 rials in Tehran’s market, the Association of Bureaux de Change Operators of Iran announced, down by 800 rials or 2% compared with Monday.
-
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…
-
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…