EghtesadOnline: Foreign exchange rates extended gains on Thursday after the dollar advanced above 270,000 rials a session before.
EghtesadOnline: Prices in the currency and gold markets surged Sunday after some stability in four sessions. However, the precious metal outpaced forex rates buoyed by rising trends in international markets.
EghtesadOnline: After holding back two days, foreign exchange rates clawed back on Tuesday, paring some of the losses.
EghtesadOnline: The rising trend in Tehran’s foreign exchange market bucked on Sunday along with gold prices.
EghtesadOnline: President Hassan Rouhani on Sunday instructed the Central Bank of Iran to improve transparency in allocating foreign currency for imports.
EghtesadOnline: Forex and gold prices posted slight gains on Tuesday in Tehran paring some earlier losses.
EghtesadOnline: A total of 363 companies are responsible for the majority of the unreturned overseas export income, an official with Iran’s Trade Promotion Organization said.
EghtesadOnline: Foreign exchange rates in Tehran started the week without fanfare as the market takes a wait-and-see approach given the uncertainty surrounding the extended nuclear talks in Vienna and the government's policy toward the forex market under the administration of President-elect Ebrahim Raisei.
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: The Central Bank of Iran is willing to reconsider official foreign exchange rates to market rates if the government offers tax exemptions to banks, the CBI governor said.