Iran forex rates
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Uptrend in Gold Coin, Forex Rates
EghtesadOnline: The Emami benchmark gold coin gained another 1% in Tehran on Monday and was traded at close to 25 million rials ($59), a new all-time high, according to Tehran Gold and Jewelry…
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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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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…
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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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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 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…
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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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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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EPI Growth Held Back by Central Bank’s Grip on Forex Rates
EghtesadOnline: The export price index snapped its two-month contraction and started to grow in the fifth month of the current fiscal year (July 23-Aug. 22), according to latest statistics released…
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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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CBI Renews Pledge to Unify Forex Rates
EghtesadOnline: With the key promise of unifying the country's dual exchange rates lying dormant during President Hassan Rouhani's first term in office–despite frequent pledges to do so–the Central…
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Dual Forex Rates Deleterious
EghtesadOnline: Businesses and private sector representatives expect the Central Bank of Iran to speed up the process of unifying forex rates since the gap between free market and official exchange…
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Rial Gains Against 3 Currencies
EghtesadOnline: The greenback was traded at 37,570 rials in the open market and 32,447 rials in the official market with a respective increase of 136 rials and a decrease of 2 rials.
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Seif: Forex Policy Unrelated to Elections
EghtesadOnline: Foreign exchange rates should be in line with economic realities but in order to forestall speculative activities, the Central Bank of Iran is keen on curbing the potential volatility…
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Proposal for Setting Forex Rates
EghtesadOnline: The difference between domestic and foreign inflation rates should be used to determine the foreign exchange rates, the head of Tehran Chamber of Commerce, Industries, Mines and…