Iran foreign exchange market

Iran Parliament's Think Tank Outlines Plan to Improve Forex Situation

EghtesadOnline: Majlis Research Center, the parliamentary think tank, has released its first comprehensive report on the current foreign exchange market situation and the reasons it was gripped…
2018-05-28 06:31
Majlis Forex Options Still on Agenda

EghtesadOnline: Chairman of Majlis Economic Commission said on Tuesday a parliamentary measure to manage the foreign exchange market is still on the agenda, but lawmakers are giving the government…
2018-05-26 09:39
Iran Private Sector Calls for Changing Forex Policy

EghtesadOnline: As Iran is dealing with the ramifications of the government's policy announced on April 9 to unify the country's dual foreign exchange rates, the private sector has called on…
2018-05-20 08:46
Seif: Currency Volatility Not Linked to Past Banking Woes

EghtesadOnline: The governor of the Central Bank of Iran has decried analyses linking the recent volatility in the foreign exchange market to past woes besetting the banking system.
2018-05-01 13:33
Iran Steel Market Rocked by Forex Turmoil

EghtesadOnline: The foreign exchange market recently went in a frenzy, with the rial losing its value against the US dollar on a daily basis.
2018-04-28 05:36
Majlis Tentatively Backs Gov’t Forex Measures

EghtesadOnline: The Majlis Economic Commission said on Tuesday that it fundamentally agrees with the government's recent measures to control the foreign exchange market, although some of the…
2018-04-18 07:44
Exchangers Not Going Away

EghtesadOnline: The governor of the Central Bank of Iran emphasized the role of moneychangers in the foreign exchange market, saying that the regulator is not seeking to remove them from the…
2018-04-17 09:58
Forex Rate Unification Strengthens Iran Banks

EghtesadOnline: As Iran moves to unify its exchange rates, the government has announced new policies that give the banking system the prime role in the foreign exchange market.
2018-04-15 09:52
CBI Prepares Policy Blueprint

EghtesadOnline: The Central Bank of Iran has prepared a set of policies for the monetary and foreign exchange markets, which will act as a blueprint for regulating these markets, the bank's deputy…
2018-03-13 09:53
Tehran Chamber of Commerce Head: Currency Policy Tops Business Gripes

EghtesadOnline: With the government’s rescue package reining in the foreign exchange market, the private sector once again voiced its objection over the administration’s adamance on keeping the…
2018-03-13 07:51
Forex Rates Impact Housing Market

EghtesadOnline: Head of the Planning and Housing Economy Office at the Ministry of Roads and Housing Development discussed the short- and long-term impacts of the recent foreign exchange market…
2018-03-13 07:47
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…
2018-02-25 07:19
CBI Marching Toward Forex Market Stability

EghtesadOnline: With its foreign exchange package now in full swing, the Central Bank of Iran says it is aiming to expand the influence of newfangled tools in the medium term and establish a…
2018-02-21 13:05
Seif Defends Forex Crackdown, as Public Confidence Soars

EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif defended this week's crackdown on the foreign exchange market to counter market disruptors, saying the move was in line with…
2018-02-18 08:05
Tehran Market Regains Calm After CBI’s New Forex Strategy

EghtesadOnline: Foreign exchange market showed early signs of cooling on Thursday after the Central Bank of Iran unveiled its emergency package aimed at enticing investors to embrace regulated…
2018-02-17 13:43
Tehran Market: US Dollar Scales New Heights

EghtesadOnline: The US dollar hit new highs against the rial on Monday, as the foreign exchange market continued to surprise investors and policymakers who are struggling to accept record forex…
2018-02-13 07:43
Forex Rally’s Impact on Housing Sector Limited

EghtesadOnline: A housing official has ruled out any immediate impact of the ongoing rally in the foreign exchange market on home prices but says that in the medium term, a weaker rial would…
2018-02-06 07:41
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…
2018-02-03 11:42
Winners and Losers of Gov’t Intervention in Forex Market

EghtesadOnline: The flawed management of foreign exchange market in Iran has led to damaging consequences for Iran’s economy, a former president of Iran Chamber of Commerce, Industries, Mines…
2018-02-03 07:31
Dozens of Exchange Shops Licensed by CBI

EghtesadOnline: In its bid for a more organized and financially healthy foreign exchange market, the Central Bank of Iran has licensed dozens of new exchange shops since the middle of summer.
2018-01-28 06:56
Forex Uptrend Bullish in Tehran Market

EghtesadOnline: Iran's foreign exchange market on Saturday witnessed a rise in the rates of all major currencies against rial, the national currency.
2018-01-21 08:43
Forex Rate Unification in Iran Put Off by Bullish Dollar

EghtesadOnline: With too many irons in the fire, the government and the Central Bank of Iran do not seem to be in the mood for making tough decisions, especially in the foreign exchange market.
2017-12-31 10:40
MRC: No Currency Shock Till March

EghtesadOnline: The research arm of the Iranian Parliament has published a report on the status of the country’s foreign exchange market in the coming months, predicting a mostly stable environment…
2017-12-09 07:39
Rial's Future

EghtesadOnline: Rial has depreciated more than 10% over the last three months against the US dollar and was quoted at 41,360 to the greenback at Tehran's foreign exchange market on Monday.
2017-11-14 07:19
Iran Launches Forex ETS

EghtesadOnline: The Iranian banking system has established an online gateway that enables members of its interbank foreign exchange market to trade foreign currencies with higher speed and stability.
2017-11-04 06:45
Central Bank of Iran Assures Long-Term Forex Stability

EghtesadOnline: The Central Bank of Iran distinguishes between temporary fluctuations and long-term trends in the foreign exchange market and closely considers this in its decision-making to…
2017-10-15 10:50
USD Bull Run Presses On

EghtesadOnline: The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in Tehran’s open and official foreign exchange markets on Sunday…
2017-10-09 12:47
Bullish Autumn Begins for US Dollar

EghtesadOnline: After spending relatively tranquil days in the last week of summer, the greenback is rising again in Tehran’s foreign exchange market, heralding a bullish trend as autumn starts.…
2017-09-27 11:53
USD Rally Continues

EghtesadOnline: The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in both the open and official markets on Wednesday.
2017-09-16 03:57
USD Uptrend Continues in Tehran Market

EghtesadOnline: September has been yet another bullish month for the US dollar in Iran’s foreign exchange market.
2017-09-13 11:55