EghtesadOnline: After a short-lived rally a session earlier, currency prices paused Monday dragging down prices in the domestic bullion market.
EghtesadOnline: The Iranian National Tax Administration in a notice announced that new value added tax (VAT) on trade in gold and other precious metals will be applicable from Monday.
EghtesadOnline: Forex and gold prices saw meager growth on Monday except for the Turkish lira that posted another significant drop during the day.
EghtesadOnline: Foreign currencies Monday continued on the descending order that started on Saturday, paring more past gains.
EghtesadOnline: Foreign currency and gold prices retreated from the recent highs on Sunday following some positive reports, particularly those related to reviving Iran’s nuclear deal.
EghtesaOnline: New regulations governing value added tax on gold trade will come into effect in January, the vice president of the Tehran Gold and Jewelry Union said.
EghtesadOnline: Foreign exchange rates continued to rise Tuesday in Tehran’s open market extending an ascending order that started on Saturday.
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: Foreign exchange rates advanced on Sunday for the second straight day in Tehran’s open market pushing up the domestic bullion market.
EghtesadOnline: Foreign exchange rates on Tuesday pared most of loss incurred on Thursday and in the process lifted gold prices in the domestic market.