EghtesadOnline: Forex rates declined on Monday pulling down gold prices in the Iranian market. The dollar retreated after breaking past the critical 230,000 rial at the start of trading week on Saturday.
EghtesadOnline: Currency and gold prices increased on Monday contrary to expectations of the Central Bank of Iran that rates will decline as the Iran nuclear talks in Vienna make progress.
EghtesadOnline: The possibility of removing banking sanctions and unfreezing billions in forex assets in foreign banks are the main reason behind the sharp decline in currency prices in recent days.
EghtesadOnline: Foreign exchange rates in Tehran were mostly unchanged Saturday as the market waits for the outcome of diplomatic efforts to revive the landmark Iran nuclear deal and lifting of the US economic blockade.
EghtesadOnline: The governor of Central Bank of Iran rejected the IMF’s estimation of Iran’s currency reserve in its latest report published last week.
EghtesadOnline: Foreign exchange rates dropped on the last day of trading week Thursday, distressing prices in the domestic bullion market.
EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati says the bank’s foreign exchange policy has been crafted without taking into account billions of assets blocked overseas.
EghtesadOnline: The domestic bullion market opened lower on Saturday influenced by the downside in international gold markets.
EghtesadOnline: The controversial plan allocating cheap foreign currency for import will continue in the next fiscal year (starting March 20).
EghtesadOnline: Currency and gold prices posted significant gains on Wednesday in Tehran after two days of decline. The dollar was quoted at 237,000 rials in the free market, 3.29% higher than the previous day's close, Eghtesadnews reported.