EghtesadOnline: Currency rates in Tehran have been of the descending order over the past two weeks amid noticeable decline in demand and visible efforts by the Central Bank of Iran to boost the rial.
EghtesadOnline: Currency rates have been of the declining order since last Tuesday amid widespread presence of the Central Bank of Iran in the market and reports about easing political tensions.
EghtesadOnline: Amid the upbeat in the Tehran stock market, gold and currency closed the week bullish despite decline in international gold prices.
EghtesadOnline: Currency rates and gold prices continued their steady rise in Tehran amid a bull run in the stock market. On Monday the US dollar climbed above the resistance level of 140,000 rials for the first time in the current calendar year that began on March 21.
EghtesadOnline: Foreign exchange rates dropped below the psychological level of 130,000 rials on Monday as markets prepared for relative stability before the fiscal year is out on March 20.
EghtesadOnline: Foreign exchange rates and gold began the week in a bullish mood as the two surged on Saturday in Tehran market.
EghtesadOnline: Foreign exchange rates and gold dropped in Iran as markets reopened on Saturday in an expected response to a move by European powers on Thursday to launch a special payment channel for Iran.
EghtesadOnline: Despite an uptick in gold prices in international markets on Monday, the yellow metal stayed almost unchanged in Tehran due largely to falling currency rates.
EghtesadOnline: Currency and gold markets in Iran registered one of their biggest weekly declines in recent months despite the re-sanctioning of wide sectors of the economy by the Trump White House.
EghtesadOnline: The rial on Monday pared more of its losses in the open foreign exchange market and was traded at around 154,830 to the US dollar.