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.
EghtesadOnline: Forex rates posted heavy losses on the first day of trading week in Tehran on Saturday with major currencies sliding below support levels.
EghtesadOnline: Foreign exchange and gold prices in Tehran saw no significant swing for the second successive day. The US dollar gained 0.38% or 1,000 rials on Sunday and bought 258,000 rials in the open market.
EghtesadOnline: Currency rates eked out gains on Monday after several dull sessions with the dollar advancing above 250,000 rials. The spike extended to gold prices though the metal has been under pressure due to decline in international markets.
EghtesadOnline: Foreign exchange and gold prices were sluggish in the preceding Iranian week and like other markets stepped back due to the new round of lockdown to curb the spread of the coronavirus.
EghtesadOnline: Currency and gold prices fell again in Tehran on Tuesday. The dollar lost 2.32% or 6,000 rials to reach 252,000 rials on Tuesday in the free market.