Iran Currency Market
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New Forex Regulations for Foreign-Based Students
EghtesadOnline: The Central Bank of Iran issued new regulations governing the allocation of foreign currency to Iranians studying overseas, two months after the government tightened its control…
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Uncertified Money Shops Closed in Tehran
EghtesadOnline: For preventing speculative activities in Iran’s currency market and supporting authorized bureaux de change, 80 uncertified money exchange shops have been closed in the past six…
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Iran Currency Market Gearing Toward Euro
EghtesadOnline: The ban imposed by the Industries Ministry on import orders based on US currency seems to be a win for the European currency.
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CBI Pushing for Rate Unification Despite Forex Volatility
EghtesadOnline: The Central Bank of Iran is working to fulfill the longstanding pledge of unifying the dual foreign exchange rates, despite recent volatility that unsettled the currency market.…
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Lower Forex Rates to Bolster Housing Sector
EghtesadOnline: Fluctuations in the currency market had caused a price hike in Iran's already beleaguered housing sector, but even though foreign exchange rates have currently cooled down, they…
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Tehran Currency Market: Forex Rates Rally Once Again
EghtesadOnline: Tehran’s foreign exchange market on Wednesday heated up again, as the rial weakened 1.1% and was quoted at 46,190 against the dollar. The greenback had backtracked slightly earlier…
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Rouhani: Forex Reserves Sufficient to Stabilize Market
EghtesadOnline: President Hassan Rouhani said Iran has sufficient foreign exchange reserves to overcome any turbulence in the currency market and prevent the national currency from depreciating…
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Currency Market Monthly Snapshot
EghtesadOnline: As the Iranian month of Azar ended on Dec. 21, the currency market drew the curtain on one of its most eventful months of the year.
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Currencies, Gold Register New Highs in Tehran Market
EghtesadOnline: Tehran's gold coin and currency markets heated up on Monday, with volatility showing no signs of abating and roiling the markets since a couple of weeks ago.
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Currency Gains in Tehran Market
EghtesadOnline: Most foreign currencies in Tehran’s market gained against the rial on Sunday, as the currency demand for overseas travel increase toward the end of December and the holiday season.
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Iran Currency Market Unaffected by Presidential Election
EghtesadOnline: Governor of the Central Bank of Iran has dismissed claims that Friday's presidential election would trigger fluctuations in the foreign exchange market, reassuring the public…
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Tehran Currency Market Unfazed by Trump’s Actions
EghtesadOnline: The currency market has been stable in recent days, ignoring a deluge of news stories that should have conventionally rocked the boat.