Iran foreign exchange rates
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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…
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Stocks at Rock-Bottom Prices, Yet No Buyers
EghtesadOnline: Most share prices have dropped to record lows, but fears of US sanctions snapping back and a discontent with foreign exchange rates seem to keep traders rooted in place.
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Iran Parliament Briefed on Unified Forex Rates
EghtesadOnline: The Central Bank of Iran's Governor Valiollah Seif answered heated questions during an appearance in the latest open session of the parliament after the government announced late…
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Tehran: Forex Fluctuations Pose Threat to Housing Market
EghtesadOnline: Rampaging foreign exchange rates have grabbed many headlines in the past few months and especially the past few days, but the ailing housing sector that recently showed signs…
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Tehran Market: Forex Bull Run Rages On
EghtesadOnline: Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central…
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Central Bank of Iran CDs Attract $53 Billion in Two Weeks
EghtesadOnline: The Central Bank of Iran’s main plan to control runaway foreign exchange rates has been successful, as the total value of liquidity attracted by banks from the sale of rial certificate…
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Forex Rates Rebound in Tehran Market as CBI Increases Rate
EghtesadOnline: Both foreign exchange and gold markets on Monday kicked off their rallies after days of relative calm, with major foreign exchange rates registering significant gains against…
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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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Lack of Foreign Banking Ties Impeding Single FX Rates
EghtesadOnline: Deputy Economy Minister Hossein Mirshojaiyan has underplayed the gap between the official and open market foreign exchange rates, saying that a 17% difference between the two…
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Gold, FX Rates Recede in Tehran
EghtesadOnline: A decline in foreign exchange rates and diminished demand has caused a drop of about 700,000 rials ($16.2) in the price of Bahar Azadi gold coin, meaning that gold coin prices…
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Call for Accepting Rising Forex Rates
EghtesadOnline: Iranian people, businessmen and policymakers must accept the rise in foreign exchange rates because the country’s inflation rate has been higher than the global average as well…
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CBI Committed to Forex Stability
EghtesadOnline: The Central Bank of Iran's governor has declared that the administration has no interest in letting foreign exchange rates climb and that it will take measures to keep the forex…
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Majlis Backs Forex Rate Unification
EghtesadOnline: The parliament supports the implementation of the long-delayed promise to unify the country’s dual foreign exchange rates, the chairman of Majlis Economic Commission said.
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Dual Requirements of Forex Rate Unification
EghtesadOnline: In addition to establishing ties with major international banks, the plan to unify dual foreign exchange rates requires prerequisites, the Central Bank of Iran’s former deputy…
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Forex Rates Rise After CBI Directive
EghtesadOnline: Foreign exchange rates increased in Tehran's market on Wednesday, following the Central Bank of Iran's latest regulations concerning foreign currency offered at banks to travelers.
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Iran Forex Market Fluctuations Normal
EghtesadOnline: Central Bank of Iran's vice governor said the country's forex situation is currently very strong and believes that fluctuations in foreign exchange rates in Iran's market are…
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Proposed Industries Minister Vows to Reform Forex, Bank Interest Rates
EghtesadOnline: Mohammad Shariatmadari, industries, mining and trade minister-designate, has pledged to lower banks’ interest rates and overhaul the current system of determining foreign exchange…
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Rate Unification Tops New CBI Deputy’s To-Do List
EghtesadOnline: Following last week’s appointment of Seyyed Ahmad Araqchi as the head of Foreign Exchange Department at the Central Bank of Iran, the new deputy is expected to oversee the long…
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Currency Futures Market to Be Launched This Year
EghtesadOnline: A futures currency market aimed at unifying the dual foreign exchange rates will be established in the current fiscal year (March 2017-22), a senior official at the Tehran Chamber…
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Rate Unification This Year
EghtesadOnline: The administration of President Hassan Rouhani will implement the longstanding policy of unifying Iran’s dual foreign exchange regime “at the first possible opportunity”, which…
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CBI Moving to Rate Unification Conditions
EghtesadOnline: The Money and Capital Markets Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture held a meeting on Saturday to weigh in on the requirements of the long-overdue…