EghtesadOnline: Building on the past week gains, the US dollar temporarily moved above 290,000 rials at the start of the trading week in Tehran on Saturday but failed to advance further after intervention by the Central Bank of Iran.
EghtesadOnline: After touching 280,000 rials on Wednesday, the US dollar again extended gains against the rial on Thursday. It sold for 286,500 rials in Tehran’s open market, rising 6,000 rials, or 2%, compared to the previous session’s close.
EghtesadOnline: A total of 1.19 quadrillion rials ($4.39 billion) worth of investments are estimated to have been made in industrial units with establishment permits during the first four months of the current Iranian year (March 20-July 21).
EghtesadOnline: Checks worth about 195 trillion rials ($866 million) bounced during the Iranian month to July 21 -- up 4.9% compared to a month before.
EghtesadOnline: Major currencies continued to gain against the rial on Saturday with the dollar breaking past the critical 190,000 rials.
EghtesadOnline: Price of the US dollar rose 2.45%, or 2,950 rials, on Tuesday to reach 123,480 rials in the Tehran market.