Iran forex market
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Iran Forex Market Welcomes Rescue Plan
EghtesadOnline: After months of volatility, the foreign exchange market has embraced a forex plan unveiled by the government on Sunday.
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Countdown to Secondary Foreign Exchange Trading
EghtesadOnline: As markets await the official launch of the "secondary foreign exchange market" in the bourse, officials and merchants alike hope that the measure will provide some respite to…
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Iran Gov’t Mulling Creation of Forex Open Market
EghtesadOnline: The government has agreed to consider a business community proposal to recognize a "secondary" foreign exchange market where rates are determined by supply-demand mechanism.
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New Forex Rules for Iranian Shipping Companies
EghtesadOnline: The Central Bank of Iran issued a directive on Tuesday outlining new foreign currency rules for shipping and transit companies, as part of the government’s new measures to tighten…
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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…
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Iran Gov't Prepares Forex Package as Market Finds Respite
EghtesadOnline: As the fallout from the forex market volatility continued into Wednesday, the Cabinet approved a package by the Central Bank of Iran to stabilize the market and push speculators…
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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…
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CBI Governor Promises Stable Forex, Gold Markets
EghtesadOnline: Governor of the Central Bank of Iran has reiterated that foreign exchange rates will continue to dwindle while saying “we do not insist on illogically bringing down the price…
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Currency Fluctuations Dampen Market Sentiment
EghtesadOnline: Stocks had a relatively quiet week, as the forex market stole much of the spotlight as well as a large chunk of investors’ liquidity.
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Seif Gives Assurance to Forex Market
EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif assured markets on Monday that the big rally in foreign exchange rates is temporary and that the market will cool off.
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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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Banks Allowed to Make Forex Market Foray
EghtesadOnline: In line with the general policy of conducting foreign exchange transactions through the banking system rather than exchange shops and stabilizing the market, the Central Bank…
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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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Forex, Gold Markets Bearish
EghtesadOnline: Iranian rial gained against almost all other currencies in Tehran exchange market on Sunday one day after President Hassan Rouhani officially took the oath of office to begin…
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Forex Futures Market Underscored
EghtesadOnline: In order to protect businesses against foreign exchange fluctuations and promote a relative stability in the forex market, the establishment of a currency futures market can be…
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Iran’s Forex Market Assessed
EghtesadOnline: In its latest quarterly report on Iran’s economic performance, the Middle East Bank reviewed fluctuations in the country’s foreign exchange market in the last Iranian year (ended…
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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…