EghtesadOnline: Foreign exchange rates were again defiant and continued to climb on Tuesday with the US dollar surpassing the all-time high of 160,000 rials.
EghtesadOnline: While the foreign exchange rates are still considered bullish by most observers, both officials and businesspeople expect the market to stabilize in the coming days, as the latest rescue package takes effect.
EghtesadOnline: Foreign exchange rates in Tehran's unofficial market declined in a sign that the bull run has slowed, following the Central Bank of Iran's announcement that it will soon unveil a package of new measures.
EghtesadOnline: Foreign exchange rates and gold coin prolonged their rallies on Monday, amid news of President Hassan Rouhani deliberating changes in his economic team, which will likely replace the governor of Central Bank of Iran as his five-year term is coming to an end.
EghtesadOnline: Foreign exchange rates in the unofficial market registered gains on Sunday after the government stopped all currency allocation at the unified rate of 42,000 rials.
EghtesadOnline: A total of $312 million were allocated by the Central Bank of Iran to people traveling abroad in the roughly three months that has passed since the Iranian government decided to unify the country's dual foreign exchange rates.
EghtesadOnline: As uncertainties loom over the way foreign exchange rates will be set in the newly-launched secondary foreign exchange market, a Central Bank of Iran official said "supply and demand" will be the determining factor.
EghtesadOnline: Prices of paper used by publications (books, newspapers, magazines, etc.) have grown by 100% over the past year due to fluctuations in foreign exchange rates, the head of Paper and Cardboard Producers’ Syndicate said.