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.
EghtesasOnline: Currency rates continued on the downward path in Tehran on Sunday as the Central Bank of Iran mobilizes its resources to plug the gap between rates in the open market and secondary market.
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: The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of the Iranian fiscal year approaches in March.
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 surged in the Tehran market on Saturday, prompting the Central Bank of Iran to release a statement to reassure the public that it has a grip on the market.
EghtesadOnline: Refineries led the slide in Tehran stocks Tuesday as an early rally faded, giving the benchmark TEDPIX index its fourth straight loss.
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.
EghtesadOnline: Foreign exchange rates were again defiant and continued to climb on Tuesday with the US dollar surpassing the all-time high of 160,000 rials.
EghtesadOnline: The foreign exchange market heated up again on Monday to post fresh records for the US dollar and other major currencies as they gained considerably against the plummeting rial. The dollar was traded for 156,790 rials in Tehran’s open market, another "super-resistance" level to be broken since the rial's freefall began six months ago.