EghtesadOnline: The US dollar's rally in the unofficial foreign exchange market, along with other major currencies, is gaining in intensity.
EghtesadOnline: Foreign exchange rates and gold coin prolonged their rallies on Monday, amid news of President Hassan Rouhani deliberating changes in his economic team, which will likely replace the governor of Central Bank of Iran as his five-year term is coming to an end.
EghtesadOnline: The Central Bank of Iran is preparing the gold market to issue bond certificates for the pre-purchase of gold coins in the capital market, the secretary-general of the monetary regulator has announced.
EghtesadOnline: Most foreign currencies continued to gain against the rial on Wednesday in a rally that started from the early days of the current Iranian year that began on March 21. According to Fars News Agency, the rial was traded for 50,500 to the US dollar. Rial was also quoted at 61,800 to the euro in the unofficial market.
EghtesadOnline: The US dollar once again gained against rial on Monday in keeping with its bullish mode in Tehran’s foreign exchange market, which has raged since early autumn.
EghtesadOnline: Gold coin prices are modestly down and hit a three-week low in late Tehran trading on Thursday.
EghtesadOnline: The gold coin rally in Tehran's market, which started two days ago and registered a 90-day record high, reversed course as prices dropped on Monday to burst the yellow metal's bubble.