EghtesadOnline: The US dollar exchange rate was around 260,000 rials last March. Now it still hovers around this figure and some days it dips even lower, registering a zero percent growth.
EghtesadOnline: Forex rates saw big swings in the past two sessions in the unofficial currency market in Tehran with prices moving up on Sunday.
EghtesadOnline: The dollar reached 284,240 rials on Thursday in Tehran’s open market, the highest rate since the beginning of the calendar year in March 2021.
EghtesadOnline: The dollar advanced above the critical 280,000 rials at the start of trading week on Saturday as the national currency is tanking under a fresh bout of volatility.
EghtesadOnline: Extending a week-long rally at Tehran foreign exchange market, the dollar advanced above the 260,000-rial level to reach the highest level in nine months.
EghtesadOnline: Foreign exchange rates continued to rise on Tuesday with the dollar crossing the 25,000-rial range -- the highest in 11 weeks.
EghtesadOnline: Foreign exchange rates climbed on Saturday despite expectations that the prices would decline due to the diplomatic efforts in Vienna related to Iran’s nuclear agreement.
EghtesadOnline: Foreign exchange rates and gold coin prices declined on Tuesday in Tehran’s market, after posting gains on Monday.
EghtesadOnline: Tehran's currency market was almost stable Monday as foreign exchange rates were unchanged. The dollar traded for 245,000 rials in the free market, posting 1,000 rials or 0.41% decline compared to Sunday's close. The currency appreciated 2.85% on Sunday but dropped 2.38% Saturday.
EghtesadOnline: Foreign currencies lost more ground on Monday for the second day in a row after rallying for four consecutive sessions.