forex market
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Gold Smashes Record
EghtesadOnline: Coming on the heels of the chaotic forex market, gold prices shot up in Iran on Sunday as the Emami gold reached 161 million rials, rising 5.5 million rials or 3.41% in one day.…
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Iran's CB Discounts Effect of FATF Ruling on Forex Market
EghtesadOnline: Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.
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New CBI Platform to Oversee Open Banking, Regulated Forex Operations
EghtesadOnline: The Central Bank of Iran has developed a new platform, Diba, to supervise open banking operations, says Aboutaleb Najafi, CEO of Informatics Services Corporation, noting that…
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Economic, Political Climate Will Govern Forex Market Stability
EghtesadOnline: Except for brief volatility in the first weeks of the new fiscal year (started March 2019), the currency market has seen relatively stability throughout the year.
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€10.6 Billion in Non-Oil Export Revenues Repatriated Via Nima
EghtesadOnline: Since the beginning of the current fiscal year (March 20), more than €10.6 billion earned from exporting non-oil goods has been sold through the Central Bank of Iran's secondary…
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Importers Buy Forex Worth €7.8b at Iran's Secondary Forex Market
EghtesadOnline: The total value of foreign currencies sold by exporters of non-oil goods at Iran's secondary market amounted to €9.2 billion since the beginning of the current fiscal year (started…
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Regulated Forex Market Unaffected by Fire
EghtesadOnline: Managing director of the company overseeing the regulated foreign exchange market said Friday’s fire will not have a major impact on the opening of the long-awaited currency market.
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Iran's Regulated Forex Market a Step in the Right Direction
EghtesadOnline: A former governor of the Central Bank of Iran says the regulated foreign exchange market would be a significant step by the CBI toward a single rate currency.
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100+ Exchange Bureaus to Participate in New Forex Market
EghtesadOnline: Head of the company that will oversee the regulated forex market says the new market will open with the participation of 100 plus money changers.
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Investors Shy Away From Tehran Stocks
EghtesadOnline: Listed companies in the Tehran Stock Exchange closed trading day mostly in red on Tuesday as investors were disheartened by the sharp fall in the forex market.
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Iran's Regulated Forex Market Waiting for the Opportune Time
EghtesadOnline: The long-awaited regulated foreign exchange market is ready for launch but is waiting for the opportune inauguration time in order to have the best possible impact on the forex…
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NDFI Withdrawal Could Be a Savior
EghtesadOnline: Governor of the Central Bank of Iran says the government decision to withdraw money from the National Development Fund of Iran, the country's sovereign wealth fund, could be an…
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Iran: Regulated Forex Market Structure Announced
EghtesadOnline: In a meeting attended by officials from the Central Bank of Iran and an association comprising players in upcoming regulated forex market on Monday, details of the mechanisms…
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Impact of Volatile Forex Market on Iranian Tech Firms
EghtesadOnline: Vice President for Science and Technology Sorena Sattari says compared to other sectors, the recent volatility in the forex market has had a “slight” impact on knowledge-based…
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Majlis Expects Central Bank of Iran to Stabilize Forex Market
EghtesadOnline: In the wake of the government authorization to the Central Bank of Iran to intervene in the foreign exchange market, the head of Majlis Economic Affairs Commission Mohammad Reza…
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Iran’s CB Allowed to Intervene in Forex Market
EghtesadOnline: The government on Saturday authorized the central bank to intervene in the foreign exchange market to prop the rial after the currency fell to record lows in recent weeks against…
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Iran Privatization Organization's Gravest Dilemma: Volatile Forex Market
EghtesadOnline: The gravest problem facing privatization in Iran is the volatile foreign currency market, the head of Iranian Privatization Organization said.
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Tehran: Gold Coin, Forex Markets Heating Up Again
EghtesadOnline: The currency and gold coin markets heated up again on Sunday, keeping up a rally that started from the beginning of the trading week on Saturday.
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Fresh Rally in Tehran's Forex, Gold Markets
EghtesadOnline: Foreign exchange witnessed a fresh rally in the open market, which was accompanied by a surge in the price of gold coin.
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Iranian Authorities Mulling Uncustomary Second Annual Vehicle Price Hike
EghtesadOnline: In light of recent developments in the forex market coupled with mounting pressure by carmakers, the authority in charge of regulating the auto market in a rare move has announced…