Dollar
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Dollarization Revisited
EghtesadOnline: The phenomenon of dollarization has yet to emerge in Iran’s economy, i.e., the rial is still being used in transactions, though the daily increase in prices affected by the value…
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Dollar Pauses, Prices Don’t
EghtesadOnline: The US dollar exchange rate was around 260,000 rials last March. Now it still hovers around this figure and some days it dips even lower, registering a zero percent growth.
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Dollar Climbs 1.5%
EghtesadOnline: Forex rates saw big swings in the past two sessions in the unofficial currency market in Tehran with prices moving up on Sunday.
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Dollar at 8-Month High, Gold Climbs
EghtesadOnline: The dollar reached 284,240 rials on Thursday in Tehran’s open market, the highest rate since the beginning of the calendar year in March 2021.
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Rial Hits Another Record Low
EghtesadOnline: The dollar advanced above the critical 280,000 rials at the start of trading week on Saturday as the national currency is tanking under a fresh bout of volatility.
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Dollar Highest in 9 Months
EghtesadOnline: Extending a week-long rally at Tehran foreign exchange market, the dollar advanced above the 260,000-rial level to reach the highest level in nine months.
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Dollar at 11-Week High
EghtesadOnline: Foreign exchange rates continued to rise on Tuesday with the dollar crossing the 25,000-rial range -- the highest in 11 weeks.
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Iran: Dollar Trims Losses
EghtesadOnline: Foreign exchange rates climbed on Saturday despite expectations that the prices would decline due to the diplomatic efforts in Vienna related to Iran’s nuclear agreement.
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Dollar, Gold Slip in Tehran Market
EghtesadOnline: Foreign exchange rates and gold coin prices declined on Tuesday in Tehran’s market, after posting gains on Monday.
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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%…
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Dollar, Gold Retreat in Tehran
EghtesadOnline: Foreign currencies lost more ground on Monday for the second day in a row after rallying for four consecutive sessions.
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Dollar Enters 260,000-Rial Threshold
EghtesadOnline: Foreign exchange rates continued to rise on Saturday, with the US dollar entering the 26,000-rial channel, the highest in the past four weeks.
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Dollar Surges 3.3% in Tehran
EghtesadOnline: Currency and gold prices posted significant gains on Wednesday in Tehran after two days of decline. The dollar was quoted at 237,000 rials in the free market, 3.29% higher than…
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Dollar, Gold Surge 3.5%
EghtesadOnline: Extending a rally from the previous session, foreign exchange rates in Iran regained momentum on Wednesday.
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Dollar Gains 2 Percent
EghtesadOnline: The dollar declined in the early hours of trade in Iran on Tuesday but later gained some ground against the rial. Trade commenced with the greenback as low as 210,000 rials in…
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Dollar Higher in Tehran Market
EghtesadOnline: After posting slight increases a session earlier, the US dollar climbed to 260,000 rials on Tuesday up 0.57% compared to the previous day's close.
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Dollar Loses 2.3 Percent
EghtesadOnline: Currency and gold prices fell again in Tehran on Tuesday. The dollar lost 2.32% or 6,000 rials to reach 252,000 rials on Tuesday in the free market.
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CBI Optimistic About Lower Forex Rates
EghtesadOnline: Foreign exchange rates increased again Monday, with the dollar recording gains for the second day in a row. The Central Bank of Iran, however, said it expects further decline…
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Tehran Currency Market: USD Loses More Ground
EghtesadOnline: The rial erased earlier losses in Tehran on Saturday as the dollar dipped and panic selling continued.
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Dollar Falters, Gold Loses Luster
EghtesadOnline: Foreign exchange rates and gold prices declined again on Tuesday following renewed intervention by the Central Bank of Iran.
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Gold and Dollar Pause
EghtesadOnline: Gold and dollar prices declined on Sunday after posting new highs a day earlier. The half Azadi coin lost 5.82% or 5 million rials to be sold for 86 million rials. The quarter…
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Iran: Dollar Rally Pauses
EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after…
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Iran: Dollar Rally Pauses
EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after…
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Gold Slips, Dollar Flat
EghtesadOnline: After rising a session earlier, the US dollar lost momentum on Monday and stayed unchanged apparently after political tensions impacting investor sentiments eased.
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Rial Makes a Comeback After Two Months of Historic Lows
EghtesadOnline: The national currency declined to new lows in the face of a rising dollar on Monday but later recovered partially following intervention by exchange bureaus affiliated to the…
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Dollar Rallies Above 240,000 Rials
EghtesadOnline: Major currencies resumed their climb versus the rial from Monday with the dollar rising more than 10,000 rials in Tehran’s open market compared to prices quoted Thursday.
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Gold Slips, Dollar Stable in Tehran Market
EghtesadOnline: Major currencies closed Saturday’s session unchanged while in the bullion market prices slipped after the gold coin peaked to new highs on Thursday.
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Oil Rises on Weaker Dollar
EhtesadOnline: Oil prices rose on Friday on the back of a weaker US dollar, although demand concerns stemming from rising coronavirus cases and escalating US-China tensions kept a cap on prices.
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Pressure Mounts on Rial
EghtesadOnline: Major currencies again gained against the rial on Monday with the dollar soaring above the critical 230,000 rials in Tehran’s free market.
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Forex Rates Rise Unabated in Tehran Market
EghtesadOnline: Currency rates are rising unabated in Tehran with exchange bureaus affiliated to, and working for, the Central Bank of Iran again the increased the dollar rate by 3.65% on Sunday…