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  • EghtesadOnline: Heads of the three branches of government (executive, legislature and judiciary) have stressed the need and significance of working in concord to help restore calm to the currency market struggling with skyrocketing rates unseen in the country’s history.

  • EghtesadOnline: How much more is the local currency going to lose its value? This is a question weighing on Iranians’ minds these days.

  • EghtesadOnline: The central bank officially launched the ‘Iran Currency and Gold Trade Center’ in line with the new governor's bid to try and control skyrocketing forex and gold prices.

  • EghtesadOnline: Foreign exchange rates jumped again on Saturday in Tehran's unofficial market to continue on the upward trajectory seen for months.

  • EghtesadOnline: The Central Bank of Iran has given permission to exchange shops to buy and sell foreign currency online through the website of the Iran Currency Exchange (ICE).

  • EghttesadOnline: Parliament will agree to online forex trade on the condition that it is regulated by and under the auspices of the Central Bank of Iran, head of Economic Commission of the legislature said.

  • EghtesadOnline: Currency rates made significant gains against the rial on Tuesday triggering fresh demand in the domestic gold market.

  • EghtesadOnline: Currency trade in the secondary market, known locally as Nima, reached almost $4 billion from the beginning of the fiscal year in late March to May 9.

  • EghtesadOnline: The Economy Minister Ehsan Khandouzi said Tuesday the government is determined to take the first step towards gradually eliminating subsidized currency in this fiscal year.

  • EghtesadOnline: The Central Bank of Iran said it has made available subsidized forex ($1=42,000 rials) for medicine import upon the orders from President Ebrahim Raisi.